Oil majors shift focus from wells to stations for profits
Major oil companies increasingly rely on refining and marketing to boost earnings as oil prices stay volatile. Phillips Petroleum, Amoco and others report stronger margins and new station programs to fund upgrades, while industry insiders warn the refining boom may not last and margins could shrink.
MENTIONED IN THIS ARTICLE
Joe Estrella Scripps
Howard News Service
George Gaspar
Robert W. Baird Inc
Salomon Brothers Inc
Salomon
Forcast
Phillips Petroleum Co
Phillips
Bob Jones
Bartlesville
Okla
Jones
Philip Caudill
Caudill
Petrochemicals
Gaspar
Amoco Corp
Chemical
Amoco
Neil Geary
Frank Knuettel
New York
Video publishing grows as firms use television style media
Firms expand use of video magazines brochures and annual reports to reach teens and adults amid a TV generation. Companies such as Southern California Gas Allstate and Redlands California deploy staff videos investor meetings and municipal bond explainers while noting print will not be replaced.
MENTIONED IN THIS ARTICLE
Los Angeles
International Television Association
Paul Kleyman
U.S
Kleyman
Ron Hale
Southern California Gas Co
Newsline
Hale
Allstate Insurance
Allstate
Deborah Kamp
George Hobgood
Hobgood
Redlands
Calif
New York
Marcy Rothenberg
University of Southern California
Murdoch seeks to turn TV Guide into a mass consumer magazine
Rupert Murdoch plans a $3 billion move to acquire TV Guide along with Triangle Publications and aims to broaden TV Guide beyond a niche scheduling guide. Stanley Shuman says the idea could expand editorial reach while Therese Wells notes potential reader appeal beyond entertainment pros. Framing contrasts with rival Variety as the only true television consumer magazine.
MENTIONED IN THIS ARTICLE
Stanley Shuman
News Corp
Murdoch
Shuman
TV Guide
Triangle Publications Inc
Daily
Racing Form
Seventeen Magazine
Therese Wells
The
Hollywood Reporter
Affiliated Publications Inc
Boston Globe
Also Mentioned on This Page
American Petroleum Institute
Bob MccKeehan
Amoco Marketing
McKeehan
Chicago Tribune
Runzheimer International
By Felix Gutierrez
Associated Press
Jody Uttal-Gold
Rupert Murdoch
Variety
David Brinkley
Erich Segal
CBS
Miami
Frank Meyer
RICOH
Campanas
Buasiness Sewices
Midway Square
Ulaside
Nextfoe
Anchit
Leena St. Elyria, OH
Nea
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