Word: exxon
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...first reading, I got mad as hell at you for parading the long Exxon ad as a cover story [Feb. 18]. But on second reading I realized that your own words and facts straight from the oil throne did more to convict Exxon than perhaps any congressional investigation ever could...
...Asking oil corporations, including Gulf Oil and Exxon, to report on their energy production and profit levels...
...Asking companies including Gulf and Exxon to give up their holdings and operations from South African nations that have racially disciminatory governments...
Aramco neither ships nor markets oil. Those jobs are left to its five owners. Four are major, competing U.S. companies - SoCal, Texaco and Exxon, each of which has a 22.5% interest, and Mobil, which owns a 7.5% share. The fifth partner is the Saudi government, which bought a 25% share for more than $500 million in 1972 under a "participation" agreement that will turn 51% of Aramco over to the Saudis...
IRAQ NATIONAL OIL CO. rose to power after the government in 1972 seized almost all the concessions, equipment and pipelines of the Iraq Petroleum Co., a consortium that included British Petroleum, Shell, Exxon and Mobil. Iraq has estimated reserves of 31.5 billion bbl., and I.N.O.C. manages exploration and production, though it still sells some to the majors. I.N.O.C. has a big plus: an adequate supply of trained personnel, many of them schooled abroad largely at the expense of the major international oil firms...