Word: anglo-iranian
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Over the mud flats of the Isle of Grain, 40 miles down the Thames from London, rose a strange new smell. It was the acrid odor of distilling oil from the Anglo-Iranian Oil Co.'s Kent refinery, which went into operation last week. When it gets into full production late this year, the $112 million refinery will boost the company's output of gasoline and other petroleum products by 80,000 bbls. a day-1½ times as much as all of Britain's prewar capacity...
...Anglo-Iranian, the Kent plant was the first big milestone on the road back from the catastrophe of expropriation in Iran. Anglo-Iranian lost 77% of its production of crude and 80% of its refinery capacity in the billion-dollar plant at Abadan, largest refinery in the world. Coming on top of damage in Europe during the war, the Abadan loss was such a blow to Anglo-Iranian-as well as to the oil supply of the free world-that the major U.S. oil companies hastily pooled their resources to try to make up the deficit...
...years ago, flying 7,500 miles in 60 hours, he landed in Iran for perhaps his toughest job. An Anglo-Iranian Oil Co. well was burning at the bottom of a cup-like rim of hills which held in the heat until the temperature registered 250° even some distance away. He showed Anglo-Iranian's crews how to rig up a bulldozer with asbestos-lined iron shields, got them to lay a 22-mile pipeline to the nearest river to pump in water to the work. Under the spray, he used the armored bulldozer to shove dynamite...
...Mossadegh's friends and leadership fell away, his best chance of surviving lay in signing an oil agreement. U.S. negotiators reported him the most conciliatory he has ever been, though, remembering many past disappointments, they were guarded in their optimism. If he agrees to accept arbitration on Anglo-Iranian claims for breach of contract (which the British adamantly insist upon), Anglo-Iranian is prepared to buy 10 million tons of Iranian oil a year, and the U.S. to give Mossadegh large sums of economic aid. In Teheran, Ambassador Henderson wore a path to Mossadegh's bedside...
...dusty Aden, a British protectorate, the British won the first legal round in their battle to blockade Iran's oil. A supreme court judge held that Iran's "nationalization" of the Anglo-Iranian Oil Co. was actually "confiscation," ordered the $40,000 oil cargo aboard the blockade-running Rose Mary (TIME, June 30) turned over to Anglo-Iranian...