Word: caltex
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Members of the Stanford Committee for a Responsible Investment Policy (SCRIP) yesterday said they were opposing the board of trustees decision Tuesday night not to support a shareholder resolution urging that Caltex withdraw from South Africa...
...Caltex is owned jointly by Texaco and Standard Oil of California. It operates a refinery in Cape Town, and markets petroleum products throughout the country. It also owns shares in two Southern Rhodesian marketing and refining companies. Caltex employs about 2000 workers in South Africa, about a third of them black. The average African wage in 1972 was $139 a month; the minimum...
...crisis undergone two years ago by the country's national oil company, Pertamina. Afflicted by gross mismanagement and blatant corruption, the company could not repay several billion dollars in loan obligations and had to be bailed out by the government. To help raise the money, the government assessed Caltex-producer of 63% of Indonesian oil-an extra $1 per bbl. in royalties and arbitrarily cut the earnings of other foreign oil companies by about $2.50 per bbl. Admits Indonesian Minister of Mining Affairs...
...family from President Park's but Park Tong Sun has also been heard to claim that he is a cousin of the President. Dow Chemical Corporation, once notorious as the maker of napalm, is investing $150 million in a petrochemical complex said to cost $862 million, that also involves Caltex and the Korean government (Chemical and Engineering News...
Until the Arab embargo, South Vietnamese forces never had to worry about where that oil might come from. When the Americans were in residence, Vietnamese units drew their supplies from U.S. depots. Afterward the U.S. Defense Fuel Supply Center contracted with Esso and Shell in Singapore and Caltex in Saudi Arabia for shipments to the same depots, now under local management. But early in November the Saudis warned that Singapore's refineries might be cut off from Arab crude if the refineries continued to fulfill U.S. military contracts-and that included fuel ordered for America's allies. Rather...