Word: richfield
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Dates: during 1970-1979
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Corporate officials, many of whom once denied that their firms had a drug problem, are trying increasingly to cope with it. Last week representatives of 17 major organizations in New York City, including Atlantic Richfield, the New York Times Co., Manufacturers Hanover Trust and Chemical Bank, met to pool information on means of combatting drug abuse on the job. The Merchants & Manufacturers Association in Southern California has instituted a series of "shop talks" on handling drugs; the meetings have attracted hundreds of corporate officials...
...archipelago has been producing oil from land-based wells since 1893; last year the flow was 850,000 bbl. a day, compared to about 9,000,000 bbl. daily output in the U.S. The offshore rush began to heat up last year, when a combine of Atlantic Richfield and IIAPCO (a subsidiary of San Francisco-based Natomas Co.) made a find of potentially commercial size in the Java Sea. Soon after, Japex Indonesia Ltd., a Japanese government-controlled company, discovered oil in the Malacca Strait. Japex's results have yet to measure up to early expectations, but the Atlantic...
...fuel oil. Because Maine was underdeveloped and had good ports, Occidental Petroleum Corp., Atlantic Richfield and Atlantic World Port each proposed to build a refinery near Machiasport. Another company, King Resources, acquired 300 acres on Long Island in Casco Bay, where it planned to build a huge oil-receiving and storage terminal. At first glance, the projects looked like a bonanza. But few Maine residents rejoiced wholeheartedly. The state's famous thick fogs and treacherous coastal waters made oil spills from tankers a probability-and a potential disaster to Maine's fishing and tourism industries...