Word: saudi
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...possibilities, the BP Bunker Hunt enterprise is only an indication of the interest that major oil companies now have in Libya. A mere five years ago, Libya ranked virtually nowhere among the oil-producing nations of the world. Today it stands seventh, behind the U.S., U.S.S.R., Venezuela, Saudi Arabia, Kuwait and Iran. Thirty-nine companies have drilling operations in the Libyan desert. The biggest producer is a consortium, Oasis Oil Co. of Libya, Inc., comprising Continental, Marathon and Amerada-Shell. Also on the scene are Esso, Mobil/ Gelsenberg (75% Mobil-owned) and Amoseas, a joint exploration venture of Texaco...
...mountainous Yemen on the southern shores of the Red Sea, war has become an established way of life. Monarchists backed by King Feisal of Saudi Arabia and militant republicans propped up by Egypt's Gamal Abdel Nasser are locked in a no-win struggle that continues despite the signing of an armistice in 1965. Though he has lost some 5,000 Egyptian troops, Nasser vows to "stay in Yemen 20 years if necessary." Monarchist guerrillas, garrisoned in mountain caves, are not budging either. "We live here," says their military chieftain, Prince Hussein bin Ahmed. "We are prepared to fight...
...economy. For all his Russian-made tanks and Ilyushin light bombers, Nasser cannot promise a quick rout of either the anti-Sallal rebels or the sandal-clad royalist guerrillas in the hills. He has resumed air attacks not only on the royalist redoubts but also on border towns in Saudi Arabia, which he claims serve as supply depots for the guerrillas. His foes even charge him with a desperate poison-gas bombing raid in which more than 120 people in the northern village of Ketaf were'killed last month by a lethal vapor "smelling like oranges...
...Finished Forever." The sizzling Yemen war seems to have ended any hopes for a reconciliation within the Arab world. Last week King Feisal canceled the licenses of two Egyptian banks in Saudi Arabia-the Bank of Cairo and the Misr Bank-and Nasser retaliated by confiscating all of Feisal's Egyptian property, which is valued at about $47 million. In a setback for Nasser, Tunisia broke diplomatic relations with his puppet republican regime in Yemen, saying that the Sallal government no longer has power to govern the country...
Scheduled meetings of the Arab finance ministers and the Arab Defense Council, two proud pinnacles of "Arab summitry," have been postponed for at least a month, and Saudi Arabia, Jordan and Tunisia plan to boycott the sessions. "As the situation now stands," said Nasser last week, "Arab summits are finished forever." In turn, the usually unexcitable Feisal strongly defended "our right to defend ourselves," and at week's end went into a strategy session on Yemen with visiting King Hussein of Jordan, whose overthrow the Egyptians are known to favor...