Word: oils
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Dates: during 1970-1979
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...huge field. It is in a lightly explored region 30 miles west of the Shetland Islands, which are off the Scottish coast and far distant from Brit" ain's already rich North Sea fields. BP, which shares the site with Chevron, Imperial Chemical Industries and the British National Oil Corp., confirmed that it had hit oil but reported that it did not know how much...
Independent oil brokers in Scotland, who claimed to have received reports directly from the rigs, said that the field could contain as much as 13 billion bbl., nearly as much as Alaska's North Slope. By comparison, Britain's North Sea fields are thought to contain anywhere from 19 billion to 30 billion...
...executive of the state-run British National Oil Corp. was convinced that there is a huge lode of oil in the Shetlands area, but agreed with other petroleum experts that it would take several years to develop the technology to exploit it. Reason: initial samples show it to be much heavier and more viscous than North Sea oil, and therefore more expensive to raise and refine...
...real estate investment concern that grossed nearly $10 million last year and may double that sum this year. Most of his business is with fellow Europeans. Laurenti's scholarly partner, Roberto Riva, 38, was born in Peru of Italian ancestry, earned his degrees in Italy, owned a prosperous oil trading company in Houston and decided to settle permanently in the U.S. Says Laurenti: "Here you get rewarded for your merits, not for what your father has done." Michael Garstin, 29, a British-born London School of Economics graduate, came to the U.S. in 1974 as a trainee with...
...they sketch the education of a greenhorn who was "once a New Yorker, now a peasant" in the rigors of owning and running his own farm. Perrin recalls the winter morning he awoke to find the temperature outside-26°F., his house at 37° and falling, his oil tank empty. He recounts his early, inept attempts to fence off land from deer, other predators and the forest-making impulse that still thrives in the stony New England soil...