Word: richfield
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...presided over much of the pandemonium, RCA Chairman Edgar Griffiths, 59, is himself leaving, effective July 1. The announcement of Griffiths' departure took place during another painfully familiar management and public relations muddle. Griffiths' successor will be Atlantic Richfield (Arco) President Thornton Bradshaw, 63, an outside director on RCA's board since...
Though research on extracting kerogen from marl began in the 1920s, shale oil went undeveloped because its production cost always exceeded the market price of crude. Promises still outpace production, but during the past few years Occidental Petroleum, Atlantic Richfield and Union Oil have spent millions experimenting with shale-oil extraction in Colorado's Piceance Basin. Occidental Chairman Armand Hammer believes that his company will be able to begin commercial production by 1985, keeping costs below $25 per bbl. Today other companies are digging mines near Grand Junction and Rangely, Colo., and Vernal, Utah. Exxon is the most enthusiastic...
...Angeles, Atlantic Richfield Co. is designing a complete "teleconferenceing" network so that key company employees can confer with one another visually by use of satellite hook-and wall-sized projection screens. Starting in 1982, executives in Philadelphia or Dallas will not have to fly to Los Angeles for their regular weekly meeting. Instead they will walk to a room equipped for a teleconference. The system, part of a $20 million company-wide communications effort, is expected to save the company $50 million to $60 million annually in travel costs...
...possibility of a world petroleum shortage was enough to cause a temporary bull market for oil companies that enjoy extensive reserves outside the Middle East. Many oil stocks on the New York Stock Exchange last week rolled to new yearly highs. Among them: Amerada Hess, Atlantic Richfield, Kerr-McGee, Shell, Standard Oil Co. of Indiana and Standard Oil Co. of Ohio...
...lower U.S. consumption of gasoline is even holding down prices a little, at least for the moment. According to some Department of Energy officials, only half of U.S. gas stations are now charging the maximum legal price. Since late May, Mobil, Atlantic Richfield, Gulf and others have shaved 1? to 3? off their prices. Though 1960s-style gas wars are unlikely, some price competition is occurring among stations in close proximity to one another...