U S Approves Some Terms of Richfield Sinclair Merger
The United States allows the Atlantic Richfield Oil and Sinclair Oil merger under conditions. Sinclair must keep its identity as a competitive company pending final action. Atlantic Richfield will retain Sinclair brands for specified periods and sell Sinclair outlets to British Petroleum for 400 million dollars.
MENTIONED IN THIS ARTICLE
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Richfield-Sinclair
John N. Mitchell
Justice Department
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British Petroleum Co
British Petroleum
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United
Atlantic- Richfield
Midwest
Rocky Mountain States
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The
Gap
Idaho
Strike Ends at Standard Refinery in Richmond
About 1,300 Oil, Chemical and Atomic Workers Local 1561 members approved a new two year contract ending a two month strike at Standard Oil Co refinery in Richmond. The deal includes a six percent immediate raise and a 4.14 percent increase on Jan 1. Three workers accused of picket line violence will be rehired pending arbitration.
MENTIONED IN THIS ARTICLE
Richmond
UPI
Oil, Chemical and Atomic Workers Local 1561
Standard Oil Co
Bob Entwistle
OCAW
Denver
Standard Oil
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