Word: mobility
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Dates: during 1960-1969
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Expanding Mass. The management of Union Oil Co. was understandably reticent about divulging fully what went wrong on Platform A, which it managed in consortium with Gulf, Mobil and Texaco. After getting permission to cut some corners from the U.S. Geological Survey, an arm of the Interior Department that has the responsibility of enforcing federal laws governing drilling, Union Oil went ahead and drilled A21. Having burrowed down 3,500 ft. below the ocean floor, the riggers than began to retrieve the pipe in order to replace a drill bit. At a point during the withdrawal, the drilling "mud," which...
...Jericho Turnpike was over. Trembling and wobbly-weary the legions trudged back, herculean shields of Samsonite luggage, the women wailing and dabbing at their curls. The bodies of Buicks, carcasses of Cadillacs, spoke amber bitter broken words. In the deep brown-lit bar the Gulf-men, Shell-men, Mobil-mechanics leaned at the frosty windows like Gods, laughing lordly as the mortals squirmed and fell...
...result, foreign investment has increased sharply. Mobil has completed a $23 million facility, starting a rush of private investment by U.S. companies that is expected to reach $275 million in three years. All told, more than 320 modern plants are active in metal fabrication, electronics, optical instruments, diesel engines and other fields. Along with low labor costs, they get easy access to Asian markets from Singapore's key location at the tip of the Malay Peninsula. Swan Hunter International, a British shipbuilding and repairing firm, is using that geographical fillip to advantage. Noting that no fewer than 127 mammoth...
Died. B. Brewster Jennings, 70, president and chief executive from 1944 to 1958 of Mobil Oil Corp.; after a short illness; in Manhattan. Born to wealth and oil (his maternal and paternal grandfathers were among John D. Rockefeller's early partners), Jennings spent his entire working life at Mobil. Under his command, what was once primarily a marketing outfit became one of the world's greatest oil producers, with fields and refineries on five continents bringing in revenues that came to $5.9 billion last year...
...Mobil Oil Corp...