Word: amerada
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...Americans is even clearer hundreds of miles down the coast at the Essider Marine Terminal, from which oil is shipped by the government-owned Waha Oil Co. The company took over the operation from U.S. companies in 1986, when sanctions drove out the Oasis Group, a combination of Amerada Hess, Marathon Oil and Conoco. But a handful of American citizens are still at work in the facility and have been throughout the decades of sanctions, in violation of U.S. laws. "Basically, we never left," says Conrad B. Cazalas, 58, an electrician from Corpus Christi, Texas, sitting in Essider's dining...
...Americans is even clearer hundreds of miles down the coast at the Essider Marine Terminal, from which oil is shipped by the government-owned Waha Oil Co. The company took over the operation from U.S. companies in 1986, when sanctions drove out the Oasis Group, a combination of Amerada Hess, Marathon Oil and Conoco. But a handful of American citizens are still at work in the facility and have been throughout the decades of sanctions, in violation of U.S. laws. "Basically, we never left," says Conrad B. Cazalas, 58, an electrician from Corpus Christi, Texas, sitting in Essider's dining...
...like Procter & Gamble [1.9%], McDonald's [1.6%] and Home Depot [1.2%], which is a company we have not owned before in value portfolios. So we have a great focus on the industrial sector, getting ready for an economic recovery. We also find energy stocks interesting, including Marathon [4.5%] and Amerada Hess...
...rush are the prospect of higher prices and Washington's search for reliable oil suppliers outside the Middle East. European companies such as TotalFinaElf and Royal Dutch/Shell have long been players in the region but leading the new charge are U.S. giants ExxonMobil and ChevronTexaco and independents such as Amerada Hess, based in New York...
...this month's terror bombing of an oil tanker off the coast of Yemen. European companies such as TotalFinaElf and Royal Dutch Shell have long been players in the region but leading the new charge are U.S. giants ExxonMobil and Chevron and independents such as New York-based Amerada Hess. American firms have been particularly aggressive in wooing new producing countries like Equatorial Guinea and can tap their experience in deep water drilling in the Gulf of Mexico. West African oil is low in sulphur, which makes it easy to refine. Because most of it lies offshore, foreign oil companies...