Word: aminoil
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...have been selling holdings to streamline operations. Last week, in one of the biggest divestitures to date, R.J. Reynolds Industries, the second-largest U.S. cigarette manufacturer, took a back-to-basics step by selling its energy businesses to Phillips Petroleum for $1.7 billion. The units sold include Aminoil, an oil and gas exploration concern, and Geysers Geothermal, which produces steam for power generation in California. It was the second major divestiture of the year for Reynolds. In June the company spun off its containerized shipping subsidiary Sea-Land to shareholders...
...stored in tanks within the pyramids and periodically emptied by ships. The project is expected to yield 50 bbl. of oil and 600,000 cu. ft. of gas a day, which will not be enough to offset the $8 million investment made by ARCO and its partners, Mobil and Aminoil USA, Inc. The capping operation, however, will produce other benefits...