Word: exxon
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...been quick-too quick, some business critics say-to deploy the key weapon that the commission shares with the Justice Department: the power to press antitrust charges. To date, Engman's legal staff has brought no fewer than 31 antitrust suits, most notably its 1973 complaint against Exxon and seven other big U.S. oil companies. The FTC's argument: the firms control so much of the petroleum business-from wellhead through refinery to gasoline pump-that they effectively manage the market...
...something of a tradition at Exxon that the men who reached the top jobs there could trace their careers back to more or less rough-and-tumble beginnings in the oilfields. That was certainly true of big (6 ft. 2 in.), craggy, Canadian-born John Kenneth Jamieson, Exxon's chairman since 1969, who started out in the oil business in the 1930s as a laborer in a small refinery in Calgary, Alberta. Last week's announcement that Jamieson, now 64, will retire on Aug. 1 signals a subtle change in style at the colossus of the major...
...plants by 1990 would require a capital investment of about $30 billion. The President believes the Government has better uses for its money, especially since private industry wants to get into the nuclear-fuel business. Bechtel Corp. and Goodyear have already proposed one plant, and several other companies, including Exxon, Arco Electronucleonics and Garrett Research, have indicated interest in building others. As an important side benefit, federal experts say, private companies can compete abroad for nuclear contracts more effectively than the Government...
Syrian Forebears. Aramco, a consortium composed of the Saudi Arabians, Exxon, Mobil, Texaco and Standard Oil of California, gives about $200,000 a year to support groups in the Arab lobby. In the past twelve years, Mobil has donated $170,000. Exxon, excluding its gifts for Arab studies at various U.S. schools, contributes about $150,000 a year. Most oil companies are reluctant to discuss such gifts, but despite the oil companies' obvious self-interest, Aramco Senior Vice President Joseph J. Johnston insists that the donations could play a crucial educational role. "It would be useful," he says...
...Amerada Hess, Atlantic Richfield, British Petroleum, Exxon, Mobil, Phillips, Sohio and Union...