Saudis buy out U.S. stake in Aramco in 100 percent takeover
Saudi Arabia completes 100 percent ownership of Aramco, ending 47 years of American control. Four U.S. partners Exxon Mobil Texaco and Standard of California lose equity but retain exclusive marketing rights under service contracts. Final payment near 1.5 billion dollars.
MENTIONED IN THIS ARTICLE
Washington
API
Aramco Oil
Saudi Arabia
Arabian American Oil Co
Desert
Abdul Hadi Taher
Petromin National Oil
Saudi Report
Aramco
Exxon
Mobil
Texaco
Standard of California
Soviet Union
United States
Taher
Standard Oil Co
California
Abdul Aziz
Sohio Unveils $20 Million Lab Expansion Plan
Sohio announces a $20 million project to more than double its Warrensville laboratory size by 1982. The plan includes two new wings and a pilot plant area to expand research in coal gasification, oil shale processing, solar-to-electric conversion, energy storage, and plant genetics for liquid fuels.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Standard Oil of Ohio
Warrensville
Sohio
Glenn R. Brown
Prudhoe Bay
Alaska
Warrensville Research Laboratory
CEI admits bid to block municipal light system in monopoly bid
A Cleveland Electric Illuminating Co. attorney admitted the utility tried to force the city owned Municipal Light System out of business to gain a monopoly. The admission came in pretrial hearings for a $330 million federal antitrust suit filed by Cleveland, with jury selection set to begin. The statement outlined four methods to eliminate competition, including purchasing the city's system and agreeing to rate equalization.
MENTIONED IN THIS ARTICLE
Cleveland
UPI
Dennis Kucimeh
Cleveland Electric Illuminating Co
Kuemich
Cleveland Electric
John Lansdale
CBI
Lansdale
Abbie Hoffman Surrenders After Six Years
Abbie Hoffman turns himself in after six years hiding as Barry Freed. He led Save the River Committee protests against a dredging project that island residents fear would wreck local ecology. Hoffman's lawyer calls the surrender timely and says the public will be impressed by his story. Jerry Rubin from the Chicago Seven league praises him as an incredible person.
MENTIONED IN THIS ARTICLE
River Committee
Hoffman
Gerald Lefcourt
Chicago Seven
Jerry Rubin
Chicago
John Muir Co
Wall Street
Rubin
Doll hospital owners charged with kidnapping and theft
George and Hildegard Eichermuller of Edgewood Doll Hospital in Jacksonville are accused of kidnapping dismembering and replacing dolls with imitations and selling originals to collectors. Prosecutors say two other lifelong doll owners report thefts valued at $800 to $900. The couple faced court today on grand theft charges as investigators trace missing dolls across Florida and Tennessee.
MENTIONED IN THIS ARTICLE
Jacksonville, Fla
George and
Hildegard Eichermuller
Edgewood
Roundtree
Novak Road flood concerns prompt council action in Grafton
Grafton residents pressured the council Tuesday night for flood relief. Mayor Richard Smith said two options are in play: HUD grant covering 75 percent of sanitary sewer cover costs and a possible Army Corps ditch to the Black River. Engineers, Don Pease discussions, and a Sept. 16 meeting with David Jones and Associates were planned. The council also created a sergeant position in the police department, appointing George Sexton to the $13,166 annual post.
MENTIONED IN THIS ARTICLE
Grafton
Novak Road
Richard Smith
US. Housing and Urban Development Department
Algo
Smith
U.S
Don Pease
D-Obertin
Army Corps of Engineers
Black River
Ates
George Sexton
Oil firms to slash prices by a few dollars per barrel
United Press International reports major U.S. oil companies will cut posted prices for decontrolled crude by 14 to 24 dollars per barrel this month, with refiners lowering high-sulphur crude by about one dollar. The moves aim to ease price climbs but analysts say pump prices may not fall soon.
MENTIONED IN THIS ARTICLE
U.S
Petroleum Intelligence Weekly
Oil Journal
Carter
Petroleum Industry Research Foundation Inc
New York
Right wing gains in El Salvador oust officers
Right wing factions tighten grip on El Salvador ousting moderate officers from key armed forces roles in a power struggle around Col. Adolfo Majano. The two day crisis ends with a shift toward conservative control amid ongoing political violence that has killed over five thousand people this year.
MENTIONED IN THIS ARTICLE
San Salvador
el Salvador
UPI
Adolfo Majano
China seeks easier divorce with higher marriage ages
In Peking, female delegates to the National People's Congress push a new marriage law to ease divorce for women while raising the legal marriage age from 18 to 20 for women and 20 to 22 for men. It also introduces compulsory family planning and aims to protect women's interests amid debate.
MENTIONED IN THIS ARTICLE
Peking
UPI
China
National People’s Congress
Xinhua
Fire at Palm Springs area burns 28500 acres
Palm Springs California reports a brush and timber fire racing back on itself as 1600 firefighters work the lines. More than 40 injuries reported among crews, including four Forest Service personnel in a helicopter crash. Officials expect containment by Friday if winds stay favorable.
MENTIONED IN THIS ARTICLE
Palm Springs
Calif
Also Mentioned on This Page
Elyria
U.s.’S
Brown
CEI
Robert B. Krupansky
William Norris
Krupansky
Norris
Tem
Abbie Hoffman
Barry Freed
Save
Jacksonville
Patsy Cannington
Duval
Jover
Anne Roundtree
Eichermullers
David Jones
Associ
United Press International
Cities Service Co
Ana
Grif Gil Corp
Texaco Inc
Salvador
Afghanistan
New Delhi
India
Kabul
U.S.S.R
Canada
Calgary
Alberta
Whiskey Creek
Banff National Fark
Ken Preston
Statelene
Nev
FBI
Lake Tahoe
Joseph Yablonsky
Wagon Wheel
Johnstown
UPD
Cambria
John Barton
Stella E. Williamson
Gallitzin
Barton
Philadelphia
Lancaster
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