Word: occidentale
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The rising profits were caused mainly by higher sales, typically up 12% or more. Because operating expenses remained roughly the same as last year, when sales were slow, much of the increase in turnover spilled into profits. Among the 19 large oil companies, only two-Exxon and Occidental-showed slight...
"When doctors hear about me, they wonder if they have chosen the right course," says Doctor-Turned-Businessman Armand Hammer. The celebrated 79-year-old Russophile and art collector is the chairman of Occidental Petroleum. He graduated from Columbia Medical School 56 years ago, but has never practiced medicine. While...
The Soviet Union, which is believed to have the world's largest deposits of gas, could become a major source of U.S. imports. The Russians have been pushing hard in recent years to exploit their vast gas reserves in Siberia, including the northern Tyumen Oblast, near the Ob Gulf...
Out of the morning sun the helicopters come, flying at treetop level to avoid the treacherous downdrafts in Mexico's rugged, majestic Sierra Madre Occidental. A copter scarcely touches down before soldiers leap out, their Belgian FAL rifles at the ready. The troops belong to a 2,300-man...
The drug traffickers are easily identifiable in Culiacan, the capital of Sinaloa state, mainly because they are among the people who can afford expensive American cars with four-wheel drive to make it through the Sierra Madre Occidental for their treasure. The bosses dominate the local culture to such an...