Word: petroleum
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Dates: during 1960-1969
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...Zealand's back hills are all employees of a single company, Royal Dutch/Shell, the world's second biggest oil company - after Standard Oil (New Jersey) - and by far the most international in scope, organization and spirit. Controlled in partnership by two holding companies, one Dutch (Royal Dutch Petroleum Co.) and one British (Shell Transport & Trading Co., Ltd.), Royal Dutch/Shell is a two-headed creature that owns or partially owns 500 worldwide subsidiaries. Known simply as "Shell" to the public and to the oil industry as "the Group," it produces 14% of the free world...
...week it reported 1959 sales of $1.8 billion, up 9% from last year.) After Deterding set up his U.S. plants, he made a shrewd peace treaty with Jersey Standard. Anxious to consolidate his gains and disturbed by the worldwide price wars of the 20s, he persuaded Jersey and British Petroleum (then Anglo-Iranian Oil) to join him in the famous "AsIs" cartel agreement that carved out worldwide markets and quotas. Before he retired in 1937, he had built Royal Dutch/Shell into a billion-dollar business...
...Canadian Petroleum Association predicted that the new markets would spur a $6.8 billion oil and gas development in Alberta, British Columbia and the untapped Canadian North in the next decade. The Energy Board estimated that consumption, in Canada and by export, will have totaled 45.6 trillion cubic feet by 1990-when Canada will still have at least that much left in the ground...
While investigators began checking up on known sex offenders in the Starved Rock area, others brought heavy tanks of liquid petroleum gas into the canyon and slowly began burning away the top layer of snow. A piece of tin foil-perhaps from the fresh roll of film in the camera-turned up; the melting snow ran off to reveal blood stains. A policeman with a broom lightly swept snow from the spot in an attempt to unearth footprints. He found none. Police squads began checking reports about an auto that had been seen at the head of the trail...
Sunset International Petroleum Corp. is a lively, California-based oil company which operates wells in eight states, and has ambitions to grow bigger fast-thanks to a quirk in the tax laws. Sunset, headed by Morton A. Sterling, 34, last week was branching out into the real estate business. It purchased Tavares Development Co., a huge. San Diego real estate firm that helped build the state of Washington's Chief Joseph Dam, Los Angeles' $20 million Hyperion sewage system, has built nearly 15% of all San Diego residences, and is currently developing suburban San Carlos...