Word: mobiles
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Dates: during 1970-1979
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Even as Kidron spoke, this historic step toward a Middle East peace was becoming bogged down in an unexpected small diplomatic snarl. The Egyptian representatives who showed up to reclaim the fields were not Egyptians but three cigar-chomping Texans who work for Mobil Oil; the corporation owns 50% of the Egyptian company that had operated the fields before Israel captured them during the Six-Day War. The Israelis in charge of Ras Sudr insisted that the Texans had to sign for the Arab Republic of Egypt. Well, no, said Engineering Consultant Billy Marcum of Dallas; he and his buddies...
...Sasaki Associates of Watertown, the Forrestal Center will include in addition to sites for industrial plants and office buildings 1600 housing units, a 400-room hotel and convention center, and a small neighborhood shopping center, Hire said. Current tenants of the center include the R.W. Johnson Foundation, RCA Corporation, Mobil Oil Corporation and the Dow Jones Corporation...
...once and disrupt the economy. Unlike Britain, though, Norway has firmly made up its mind as to what role the government should play. Through Statoil, the state oil company, Norway controls most of its oil industry. It buys up to 75% interests in production ventures; Statoil and Mobil along with other oil companies are partners in Statfjord, Norway's biggest oilfield yet (3 billion bbl. in reserves). Headed by Arve Johnsen, a 41-year-old economist and lawyer, Statoil aims to become a fully integrated company, exploring, drilling, producing and refining oil. It already owns participation rights...
...Economists, warned that decontrol would add one point to the inflation rate and that the price rise OPEC is expected to announce soon may add another. Last week the pessimists drew some support from an unexpected source: a major oil company. In a widely noted letter to congressmen, Mobil Chairman Rawleigh Warner Jr. said that sudden decontrol might be "a shock" to the recovery and could slash consumer buying power by as much as $8 billion-well above the Administration's estimate of $5.3 billion...
...lengthening list of giant U.S. corporations, including Exxon, Gulf, Mobil, United Brands and Northrop, had previously admitted to making similar payoffs. The SEC's policy has been to require corporations in such cases to reveal who got their political payments and to agree not to make any more. Some have complied, others are resisting. Last week Ashland Oil Inc. argued that securities laws do not require public disclosure of the recipients of questionable payments that the company says it has made in Nigeria, Gabon, Libya and the Dominican Republic. Ashland has already supplied the names...