Word: oilmen
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...half the payment would be cash). The oil received in the deal, which Aluminum Co. called a barter "in effect but not literally," will be sold to Montreal's La Salle Petroleum Refinery, Ltd. (incorporated only last May), refined and placed on the Canadian market. Canada's oilmen spoke of "disturbing effects," pointed out that Mellon-controlled Gulf Oil Corp. was a member of the international oil conference which sought to limit Russian exports. Although they muttered about an "embargo," Ottawa was of the opinion that nothing could legally be done. Newshawks discovered the Russian tanker Aase Maersk...
...seaboard. Last week Standard Oil of California promised to raise the price it will pay for crude oil by 25¢ per bbl. if production for the State is kept down to 476,700 bbl. a day against the figure of 486,800 bbl. the week the offer was made. Oilmen expected independents would meet the terms, less California gasoline would be shipped to the East, all gasoline prices would benefit. Offer for Richfield. James A. Talbot, onetime chairman of California's Richfield Oil Co., and two other former high executives of the company last week spent their fifth week...
...field but three, all strategically located in the Ural mountains, all prodigiously rich. Production from these fields, they said, would free all other Soviet oil for export. Because the revelation came hard upon an international oil parley which collapsed when Russia would not accept offered terms (TIME, June 13) oilmen accepted it with reservations...
Collapse in the Waldorf, For three weeks Dutch, English, Russian and U. S. oilmen gathered almost daily in Room No. 2604 of Manhattan's Waldorf-Astoria, seeking to reach an agreement by which markets could be kept steady, profitable. Last week the conference broke up without results. Secrecy hid all the conference's deliberations but reasons given for the breakdown by oilmen were numerous: 1) The Russians would make no agreement for more than three years, the defensive Englishmen and Americans sought a ten-year pact. 2) The Russians declined to limit exports to the 1931 level, refused...
While the meetings consisted largely of private discussions, oilmen wondered if Socony-Vacuum's Arnott was not bidding for leadership of the world's petroleum industry. It was he who called the conference, he who held a daily meeting with newspapermen...