Word: richfield
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Dates: during 1980-1989
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...vote, the lawmakers approved a package of waivers to the Alaska Natural Gas Transportation Act, which set the ground rules for the project as early as 1976. The three U.S. natural gas producers involved in the deal-Exxon, Standard Oil of Ohio and Atlantic Richfield-will be allowed to share ownership in the pipeline with the Alaskan Northwest Natural Gas Transportation Co., the ten-company consortium that plans to build it. A1977 presidential decision barred such an agreement on antitrust grounds, but the backers argued that the change was needed to pay for the project...
Businesses and foundations, which together account for only 10% of all U.S. philanthropy, are being pressed hard for greater generosity. Says Eugene Wilson, executive director of the Atlantic Richfield Foundation: "New people are calling us, and we're getting requests for double and triple the dollars from organizations we've funded in the past." Boston's Digital Equipment Corp., among many companies, is similarly besieged, with a doubling of grant requests since March...
According to James Murray of Chicago's Policy Research Corp., "there'll be a $50 billion to $100 billion annual market for agribusiness applications of genetic engineering by 1996-ten times the potential of medical-pharmaceutical applications." Within the past ten years, giant companies like Atlantic Richfield, Pfizer, Shell, Upjohn, Ciba-Geigy and Occidental Petroleum have bought seed companies, the obvious distributors of the products of agrigenetics...
...shied away from the daunting task of edging the journal back from the brink of extinction. Just last year, Harper's announced it was folding, then was rescued at the eleventh hour through the combined efforts of the John D. and Catherine T. MacArthur Foundation, and the Atlantic Richfield Foundation. The magazine's saviors have so far pumped in an estimated $3 million, but its prospects remain clouded. Kinsley, who will take charge of the journal with next January's issue, confesses he has "a lot of little ideas, but no grand scheme." Still, he made...
...deposit it across the street. Oil-rich Kuwait has done the same thing, only it took $4 billion with it. New York's Citibank had managed investment funds for Kuwait since 1974, putting nearly $4 billion into stocks of about 350 U.S. companies, including AT&T, Atlantic Richfield and Phillips Petroleum...