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Fifty years ago this week, a plan to locate a $600 million oil refinery in Durham was effectively blocked by local grassroots efforts, an opposition led by a trio of women that prevented 400,000 ...
For example, the Energy Select Sector SPDR Fund -- which holds the energy stocks listed in the S&P 500 -- delivered a meager 2% return last year, significantly underperforming the broader market ...
Post World War II Sprague added residual fuel oil products. In 1959 Sprague opened a refinery. In the 1960s Sprague sold coal operations to Westmoreland Coal Company. In 1970 the Sprague family sold the company to Royal Dutch Shell's Asiatic Petroleum Company, who sold it two years later to the Axel Johnson Group of Stockholm, Sweden.
In the year 1900, a pipeline salesman by the name of W.S. Porter [2] [4] convinced the presidents of the five largest companies in the Kern River Oil Field of California to enter into an agreement [2] [4] to turn over their oil interests to form a new company in exchange for stocks and bonds for the appraised value of their properties. [4]
Tidewater Oil Company (rendered as "Tide Water Oil Company" from 1887 to 1936) and founded by E. W. (Ernest Whiteworth) Marland (1874-1941) of Pennsylvania and Oklahoma, where he later served as a United States Representative (congressman) during 1933-1935 in the United States House of Representatives (lower chamber of the Congress of the United States at the United States Capitol in ...
Oil companies offered $382 million for drilling rights in the Gulf of Mexico on Wednesday after courts rejected the Biden administration's plans to scale back the sale to protect an endangered ...
The Los Angeles City Oil Field in 1895. The history of oil production in California began in the late 19th century. [1] In 1903, California became the leading oil-producing state in the US, and traded the number one position back-and forth with Oklahoma through the year 1930. [2]
Celebrities, they're just like us! Case in point, supermodel Cindy Crawford has reached for this already affordable drugstore body oil for 30 years — and now it's on sale on Amazon for just $18.