Word: petroleum
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Dates: during 1980-1989
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President of the Belco Petroleum Corporation, Belfer says he is aware of the "awesome power of the government and the budget issues facing it"--and hence of the need for well educated government officials...
Footing more than half of the bill for the Center are three major donors: principal donor Robert A. Belfer, president of the Belco Petroleum Corporation, Washington attorney Frank A. Weil '53; and the Kresge Foundation...
...another. Such huge combines as ITT, Gulf & Western and RCA have been selling holdings to streamline operations. Last week, in one of the biggest divestitures to date, R.J. Reynolds Industries, the second-largest U.S. cigarette manufacturer, took a back-to-basics step by selling its energy businesses to Phillips Petroleum for $1.7 billion. The units sold include Aminoil, an oil and gas exploration concern, and Geysers Geothermal, which produces steam for power generation in California. It was the second major divestiture of the year for Reynolds. In June the company spun off its containerized shipping subsidiary Sea-Land to shareholders...
Through creating such new molecules, Cooper is creating what may eventually be an integral part of a chemical reaction that would produce a petroleum substitute...
...years, Iran has been either unable or unwilling to launch a land offensive that has been expected since March. Iraq, deprived of its export facilities in the gulf, has been unable to transport enough oil over its remaining outlet via Turkey to meet its quotas under the Organization of Petroleum Exporting Countries (OPEC). Work is expected to begin soon on two pipeline projects, including one that would cut across Jordan to the port of Aqaba, and another that would join with Saudi Arabia's petroline and carry Iraqi oil to the Red Sea port of Yanbu. Iraqi officials talk...