Word: caltex
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...barges. Unlike New York's spread-out and orderly waterfront, its 17-mile river route to the North Sea is a forest of cranes, derricks and masts through which ships of all sizes confidently move in every direction. Along its banks are such big oil refiners as Shell, Caltex, Esso, Mobil and British Petroleum, which have made Rotterdam one of the world's main oil-refining centers. The port boasts the Verolme shipyards, one of Europe's biggest, the headquarters of the Holland-America Line, the world's biggest artificial harbor, and a growing chemical...
...later denationalized some when it broke away, is now expected to enter a new period of nationalization. Iraq last year nationalized virtually all the exploring concessions of the Iraq Petroleum Co., which is controlled by British, Dutch, French and U.S. oil companies. Indonesia is pressuring three major oil companies-Caltex, Stanvac and Shell-to turn over their refineries and sales outlets to the government, and Tanganyika last week informed a Belgian-controlled dock company that it will be nationalized...
...Force by tedious study of German railroad freight rate reductions. In postwar assignments he had a key role in charting U.S. oil policy, and opened his own one-man consulting service in 1949. His counsel has been sought by almost all major U.S. oil companies, including Caltex, Sinclair. Atlantic Refining and Socony, as well as by foreign firms and rulers...
...government crises since she took office by announcing a 25% cut in the rice ration. In yet another attempt to ease Ceylon's formidable economic woes, her government last April seized almost 200 gas stations and oil depots owned by a trio of U.S. and British firms (Esso, Caltex, Burmah-Shell). Total value of expropriated properties: $20 million...
...AGAINST RED OIL will be waged by Western oil companies to prevent Russian crude from entering their markets. Three companies (Shell, Standard Vacuum, Caltex) told India they will not refine Russian crude oil sold to Indian government. Standard Oil Co. (N.J.) warned owners and tanker brokers, in effect, it will not do business now or in future with anybody who charters or sells tankers to the Soviet Union or its satellites...