Word: oilmen
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...suspected that Houston's Memorial Park sits on a pool of oil and gas, and now the city wants to tap it. The scheme has naturally aroused the Audubon Society and the Sierra Club, but their distress pales beside that of the city's oil establishment. The oilmen are upset not because the city plans to drill in Memorial Park but because of the way Houston's mayor, Fred Hofheinz, is going about...
...billion, 800-mile Alaska pipeline began pumping through it now, the chances are that the oil would eventually leak all over the tundra and the pristine mountains along the pipeline's path. For some time this possibility has been a matter of quiet but earnest concern among oilmen and federal officials, who are faced with what may be the biggest problem yet to hit the trouble-plagued project. An urgent audit carried out by the eight-company pipeline consortium, which includes Exxon, Atlantic Richfield and British Petroleum, has revealed 3,955 "problem welds" in the pipeline, which is still...
Over the years, through mergers and acquisitions, Getty picked up other companies, and some critics say that what he built was a hodgepodge that never became fully integrated like the major oil companies. Such criticism did not bother Getty. He was unique among oilmen -and other company heads, for that matter-in keeping almost total personal control of his empire; indeed he put in long working days at Sutton Place almost up to his death...
After almost two years of delay, American oilmen sat down last week with Saudi Arabian Oil Minister Ahmed Zaki Yamani to arrange a complete Saudi buy-out of Arabian American Oil Co., the free world's largest crude producer. But they kept a tight curtain of secrecy around the five-day meeting at the plush Bay Point Yacht and Country Club, near Panama City, Fla. As most of the negotiators-including executives of Exxon, Mobil, Texaco and Standard of California, the four American partners in Aramco-made for their private jets at the conclusion of the meeting, they refused...
...industry, a traditional bastion of Republican strength, is bitterly opposed to the bill. Oilmen argue that a price cut in crude oil would reduce the incentive to drill wells in search of new sources of supply. Reagan has urged the President to veto the bill. At week's end Ford's closest advisers were still not certain whether the President would turn down the bill, thereby repudiating Zarb and angering millions of Americans who drive cars or heat their homes with oil. The odds that Congress would overturn a veto are too close to call...