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...reception over when a group of heavily armed paracommandos of Katanga's ''elite corps." on guard at a Katangese general's residence in another part of town, noticed dozens of "suspicious" foreigners arriving at a house a few doors away. This was the home of Mobil Oil's representative, who was giving a dinner party for Dodd, U.N. and diplomatic guests, and the best of Elisabethville society. When a sedan with U.N. license plates drove up, the soldiers were sure some kind of plot was being hatched. Quickly they surrounded the car, shouting and gesticulating...

Author: /time Magazine | Title: Congo: Dinner for the Senator | 12/8/1961 | See Source »

...Socony Mobil Oil Co.'s earnings rose 35% to $1.01 per share because of increased operating efficiencies and larger sales overseas...

Author: /time Magazine | Title: State of Business: Beating the Cost Bulge | 8/11/1961 | See Source »

...Controlled by five western oil companies: British Petroleum (23.75%), Royal Dutch Shell (23.75%), France's C.F.P. (23.75%), Standard Oil of New Jersey (11.875%) and Socony Mobil...

Author: /time Magazine | Title: Oil: State Within a State | 7/21/1961 | See Source »

Whimsy & Flackery. U.S. restaurants are rated from one to five stars, in contrast to the Michelin's top billing of three stars. In France, Michelin's 1960 edition found ten restaurants worthy of three-star rating; in the four Mobil guides to date, eleven restaurants won the top accolade.* The selections on the whole are remarkably reliable, but devotees of good eating have found much with which to quarrel, particularly in the big cities. Interesting is the fact that two legendary (if perhaps overrated) food towns, such as New Orleans and San Francisco, have only one five-star...

Author: /time Magazine | Title: Travel: Potluck on the Road | 6/2/1961 | See Source »

...Since he became president of Socony Mobil Oil Co. in 1958, determined Albert Nickerson, 50, has been moving steadily to overcome Socony's comparatively slow start in petrochemicals. A year ago, Nickerson tapped Chemical Engineer Paul V. Keyser Jr. to head Socony's new Mobil Chemical Co. Last week, to get into the booming British petrochemical market, Mobil Chemical offered to buy O. & M. Kleemann Ltd., a British plastics manufacturer, for about $20 million. Also in the works: a $20 million petrochemical plant in Italy, to give Socony a foothold in the Common Market...

Author: /time Magazine | Title: Business: Personal File: Jun. 2, 1961 | 6/2/1961 | See Source »

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