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...Bolivia and had channeled another $50,000 through Beirut, as he euphemistically put it, to "defray the expenses of a public education program ... to bring about a better understanding in America of the Arab-Israel conflict." He did not say specifically who got that money. Meanwhile, Exxon and Mobil Oil acknowledged last week that they had also made gifts, which they insisted were legal, to political parties in Canada and Italy. For Gulf, there was one painful irony. Prior to Dorsey's Senate testimony, the speculation had been that most of the company's contributions had gone...

Author: /time Magazine | Title: SCANDALS: Gulf Comes Clean | 5/26/1975 | See Source »

...discovery of a major field about 110 miles northeast of Aberdeen. Eleven other commercial fields stretch in a 600-mile band from the Shetland Islands west of Norway down as far as the south-central coast of England. Drilling is being done by British Petroleum, Exxon, Gulf, Texaco, Shell, Mobil and 35 other companies. They will start to produce small amounts later this year and expect to be bringing in 2 million bbl. a day by 1980. But a hot taxation feud between the companies and the Labor government threatens to stall development...

Author: /time Magazine | Title: Business: Britain's Stormy Petrol | 3/3/1975 | See Source »

...City, the committee set up a loose minimal structure. More important, they decided to appoint a full-time executive secretary and offered the job to a Third World churchman, the Rev. Gottfried B. Osei-Mensah, 40, pastor of the Nairobi Baptist Church in Kenya. Once a sales engineer with Mobil Oil in Ghana, Osei-Mensah holds a bachelor of science degree from Birmingham University and worked for the Pan-African Fellowship of Evangelical Students for five years before taking the Nairobi congregation...

Author: /time Magazine | Title: Religion: Evangelicals Unite | 2/3/1975 | See Source »

Nickerson, the oldest of the five Fellows of Harvard College, was chairman of the board of Mobil Oil and served on the Corporation since...

Author: By Nicholas Lemann, | Title: The Torch Is Passing Again | 1/17/1975 | See Source »

...details of the deal recessed last week, but it seems likely that in the end the Saudi government will have paid some $2 billion for Aramco. The chief questions still to be negotiated are how much the Saudi government will pay Aramco's American owners (Exxon, Mobil, Standard Oil of California and Texaco) to manage and operate the wells and pipelines, and how much of the crude that is produced the Saudis will guarantee to sell to the American companies...

Author: /time Magazine | Title: OIL: A Single High Price | 12/23/1974 | See Source »

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