Word: shells
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Dates: during 1920-1929
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...each of the seven seas, tankers of Standard Oil of New York meet tankers of Royal Dutch-Shell Oil, bow and do not speak. Last week, Standard Oil of New Jersey reminded the two great rivals that neither has the world's largest tank fleet. The Chester O. Swain, acquired last week and named for a director of the New Jersey Standard, is the company's 96th tanker, the 40th operated under the U. S. flag...
These were the battle cries with which two mighty producers went to war over the Indian market. Standard Oil had bought Soviet Oil, was shipping it direct from Russia to Calcutta, Bombay, Madras. Dutch Shell charged the oil was "stolen" by the Soviet from its pre-Revolutionary owners, including Dutch Shell itself. Determined to keep Russian stolen oil from India, it began a price-cutting war which made Indian gasoline-users chuckle with joy. They were the victors in a contest which was costing Standard Oil something like $4,000,000 annually, costing Dutch Shell perhaps three times as much...
...seemed reasonable to suppose that Chairman Pratt & President Meyer had offered some concessions and suggested others. For example: 1) withdrawal of Dutch Shell objections to Russian oil in India, together with an end of the price war, and, 2) a promise by Standard Oil to press the Soviets to pay Dutch Shell and other owners for their seized and confiscated property. If that were accomplished, observers noted, Russian oil would no longer be "stolen." Standard Oil no longer would be an international fence in the eyes of Sir Henri. And Standard Oil would "carry out contracts," would not be "swerved...
...many this appeared as peace without victory. Standard Oil and Dutch Shell face each other in nearly every oil-producing country in the world, in the fields of Mexico and Central America, in Argentina, Venezuela, Peru, Persia, the Dutch East Indies, in the U. S. itself.* The Shell Union Corp., American subsidiary of Dutch Shell, has assets listed at $348,129,212, itself produces more oil than the great enemy of its parent company. The war goes on, though quietly. Major battles, with all war correspondents on hand, are perhaps ended...
...recent contract signed by Dutch Shell and the New England Oil Co. presages a Dutch Shell invasion of New England, highly competitive territory of Standard...