Word: oilfields
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Dates: during 1980-1989
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...immediate physical signs of dependency -- at least at first. But they feel an overpowering yearning for more. Bouts of depression and irritability can lead to deep depression and paranoia. "I was afraid to be with it and afraid to be without it," says Kurt Bolick, a 28-year-old oilfield-services reporter in Houston. "I was afraid of myself, I was afraid of life, I was afraid of everything. I was afraid, period...
...revenues: $19 billion) would see the value of their shares diluted, but they would win in other ways. Selling off some of the assets of the smaller Dallas-based Diamond Shamrock could have helped the Los Angeles-based Occidental with its capital needs in such ventures as a new oilfield in Colombia. The cash could also have been used to reduce Occidental's $3.5 billion debt, much of which resulted from its 1982 acquisition of Cities Service. Wall Street, however, did not buy the idea, and neither did Bricker's board. As soon as merger rumors began to circulate, Occidental...
...largest and most profitable corporations in the U.S. has been run for nearly 20 years by an avowed Socialist. The company is Schlumberger (1983 revenues: $5.8 billion), a leading oilfield-services firm. The executive is Frenchman Jean Riboud, who is profiled in The Art of Corporate Success (Putnam; 184 pages; $15.95) by Writer Ken Auletta. Riboud, 64, is a corporate enigma. A hardheaded capitalist in business matters, he is nevertheless a confidant of Socialist French President François Mitterrand...
Iraqi aircraft attacked Iranian forces, which clung tenaciously to Majnoon oilfield. At week's end military officials in Baghdad claimed that Iraqi forces had also destroyed four oil tankers and commercial ships near Kharg Island, the major terminal for Iran's oil exports. Along the border near Basra, Iraq's second-largest city, troops loyal to the Ayatullah Ruhollah Khomeini massed for yet another offensive. Iraq appeared to have lost a bit of its much vaunted technological edge with the news that one of the five Super Etendard fighter-bombers it had bought from France had been...
Last week lawmen were searching for leads and suspects in the grisly slayings near Kilgore (pop. 11,000), an affluent town 100 miles east of Dallas. Officials were so stumped that Rusk County Sheriff Mike Strong brought in two psychics to comb the oilfield where the victims were found for any clues to the puzzle. Ballistic and autopsy reports showed that two guns had been used to fire eleven bullets into the five bodies. Some $2,000 was missing from the restaurant cash register, and jewelry, billfolds, purses and other valuables had been taken from the victims...