Word: petroleum
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...asking Phillips Petroleum and Warner-Lambert to leave Namibia, the subcommittee followed a precedent it had set last year in votes on resolutions directed at Phillips and Continental Oil. The Namibia stand has been the subcommittee's strongest in favor of a proxy resolution, although it has been less amenable to other Southern Africa resolutions...
...Supported a resolution saying that Phillips Petroleum's stockholders "deplore" its illegal contribution to President Nixon's 1972 re-election campaign...
...Dutch/Shell, have shifted oil shipments so that virtually the same amount of crude is entering Rotterdam as was a year ago. Shipments of Iranian and Nigerian oil originally destined for nonembargoed nations like Britain and France have been brought to Rotterdam, while The Netherlands' usual share of Arab petroleum has been sent elsewhere. The Arabs themselves have permitted the oil companies to off-load some Arab oil in Rotterdam-if its ultimate destination is Belgium or West Germany's Ruhr Valley, both connected to the Dutch port by pipeline. The result, says a Rotterdam municipal official, is that...
...Dutch nonetheless are puzzled by the Arabs' official retention of the embargo. Saudi Arabian Petroleum Minister Ahmed Zaki Yamani has explained that the Dutch had not, like other European nations, supported the Arab demand for an Israeli withdrawal from all Arab territories. But the Dutch in fact signed a Common Market statement issued last November supporting United Nations Resolution 242, which calls for such a pullback. The Arabs may be officially maintaining the boycott not so much to punish the Dutch as to keep a sword of Damocles dangling over the international oil companies that have huge investments...
...conference did produce one statesmanlike proposal: French Foreign Minister Michel Jobert called for creation of a U.N.-supervised agency that would build up reserve stocks of petroleum and grains. The agency would probably sell those stocks to hard-up nations if supplies got tight or market prices prohibitively high. Jobert's plan could help answer U.N. Secretary-General Kurt Waldheim's call for an "overall and global" formula to give raw-materials-producing nations a fair price for their products without bankrupting their customers. But careful evaluation of serious plans is not likely to occur in the highly...