Word: exxon
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Rosenthal also attacked Harvard's investments in multinational companies such as IBM, AT&T, and Exxon, which have holdings in South Africa. Association with that country's apartheid system "will encourage racist doctrines and the stifling of affirmative action at Harvard," Rosenthal said...
Wednesday, Feb. 16--A diverse panel will debate solar energy at the Cambridge Forum at the First Parish Church of Cambridge, on Harvard Square at 8:00 pm. Among the panelists will be Robert Willis, President of the Exxon subsidiary, Solar Power Corp., Peter Glazer, a vice-president of Arthur D. Little, who favors a solar energy satellite power station, and Professor Bruce Chalmers, who favors photovoltaic cells to produce energy from...
...real test of oil prices will not come for two or three more months. Then the big international oil companies will have sold off the huge stockpiles of oil that they bought in anticipation of an OPEC increase, and will begin scrambling to buy more. Exxon has stated that it intends to market more low-priced Saudi oil in the West and will refine much of it in its huge complex on the island of Aruba, off the coast of Venezuela, which until now has processed local crude almost exclusively. Whether the Saudis and Emirates can and will increase output...
Uncertain Future. Also, the amount of "free" oil is small. The Saudis sell only about 6.25% of their daily output on the open market. The bulk of their production is committed to four U.S. companies: Exxon, Texaco, Mobil and Chevron. They stand to benefit most from the two-tier system, but how much of the savings they will pass on to the U.S. consumer is unclear...
Meanwhile, company size rankings in the oil business could change. Four American companies−Exxon, Texaco. Mobil and Chevron−that import heavily from Saudi Arabia will be able to undersell such other producers as Shell, British Petroleum and Compagnie Française des Petroles, which rely more heavily on the higher-priced OPEC states. All in all. Yamani seems to have touched off a classic capitalist price war. That is scarcely what cartels are supposed to do. and OPEC least of all; its increases were once heralded as the start of a "new economic order." But that was before...