Word: oiling
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...year since Mikhail Gorbachev announced a sweetening of incentives for foreign investment in Soviet industry, many U.S. corporations have nibbled but none have bitten until now. Last week a Connecticut petroleum-engineering firm signed up for a $16 million U.S.-Soviet joint venture to develop control systems for oil refineries and petrochemical plants. Combustion Engineering of Stamford will supply the technological know-how, while the Soviet oil ministry provides equipment and labor. Although control over the venture is tipped 51% to 49% in favor of the Soviets, the pact offers something for both sides: Moscow gets access to badly needed...
...Mexico City for the Mexican national football team, and Jimmy Goldsmith, officially Sir James Goldsmith, is not exactly penniless anymore. His net worth is estimated to be more than $1.2 billion, including holdings ranging from the Grand Union grocery chain to a publishing house in Paris to some oil wells in Guatemala to about 2.5 million acres of rich timberland in Washington, Oregon and Louisiana. And because he liquidated most of his French and British holdings in recent months -- "I've got my bundle," he likes to say in these postcrash days -- he has $300 million in cash and short...
...odds and ends, streamline the core and move on to the next project. Goodyear, which Goldsmith tried to acquire last year, provides a good example. The company's original purpose, he told a congressional committee, "was to build better tires, cheaper, and sell them harder," but it diversified into oil and gas, started building an expensive pipeline, dropped $214 million and was losing tire sales to the South Koreans. Goodyear survived only with the help of favorable legislation, and when the battle was over Akron's mayor expressed the local sentiments by saying, "We kicked that slimy bastard...
...summit participants, Assad concluded he could no longer remain aloof from the Arab world. Sentiment among the Arab leaders overwhelmingly favored pressuring Iran to end the war, and Assad apparently felt he had to move with the tide, putting at risk the millions of tons of free and subsidized oil that Iran has provided his country as a reward for his support. As for Egypt, the participants were eager to mend relations with the Arab world's most populous and powerful state so that Cairo's 450,000-man army could be held up as a counterbalance to the Iranian...
Even as Saddam Hussein spoke, his air force was busy in the Persian Gulf battering the shipping that keeps Tehran's coffers filled with oil wealth. Baghdad claimed to have hit eleven tankers off the coast of Iran during the week. The Ayatullah Ruhollah Khomeini, meanwhile, called all able-bodied male Iranians to combat, a signal that Tehran may be ready to launch a major offensive...