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BUSINESS
February 10, 1992 | From Times Staff and Wire Reports
Oil Exports Plunge in Former Soviet Union : Oil exports from the former Soviet Union, the world's largest producer, slumped to 53.9 million metric tons in 1991 from 99 million in 1990, Interfax news agency said. Year-to-year exports of petroleum products also dropped to 21.9 million metric tons from 27.5 million, according to the Russian news agency. Output has fallen steadily for the last three years because of antiquated equipment, work stoppages and the lack of hard currency for investment.
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BUSINESS
July 25, 1992 | MICHAEL PARRISH, TIMES STAFF WRITER
"When OPEC whispers, Alaska listens," said Alaska state Rep. Larry Baker at a cocktail party on Wednesday, 10 stories above a city that is so dependent on petroleum even the cab drivers know the daily price of oil by heart. Baker is explaining the apparent oddity of a conference of academics and oilmen jointly sponsored by a small state university and the Organization of Petroleum Exporting Countries, the international oil cartel that once attempted to bring America to its economic knees.
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BUSINESS
February 20, 1992 | From Times Staff and Wire Reports
Chevron to Learn Fate of Tenghiz Deal Soon: Ken Derr, Chevron Corp. chairman and chief executive, said in London that he expects to learn within a month whether the company will develop the Tenghiz field, near the Caspian Sea in Kazakhstan. The field is one of the world's largest, with reserves estimated at 25 billion barrels, according to Chevron. The San Francisco-based oil company and officials of the Soviet Union, and now Kazakhstan, have been discussing the joint venture since 1987.
BUSINESS
February 20, 1992 | From Times Staff and Wire Reports
Chevron to Learn Fate of Tenghiz Deal Soon: Ken Derr, Chevron Corp. chairman and chief executive, said in London that he expects to learn within a month whether the company will develop the Tenghiz field, near the Caspian Sea in Kazakhstan. The field is one of the world's largest, with reserves estimated at 25 billion barrels, according to Chevron. The San Francisco-based oil company and officials of the Soviet Union, and now Kazakhstan, have been discussing the joint venture since 1987.
BUSINESS
July 25, 1992 | MICHAEL PARRISH, TIMES STAFF WRITER
"When OPEC whispers, Alaska listens," said Alaska state Rep. Larry Baker at a cocktail party on Wednesday, 10 stories above a city that is so dependent on petroleum even the cab drivers know the daily price of oil by heart. Baker is explaining the apparent oddity of a conference of academics and oilmen jointly sponsored by a small state university and the Organization of Petroleum Exporting Countries, the international oil cartel that once attempted to bring America to its economic knees.
BUSINESS
February 10, 1992 | From Times Staff and Wire Reports
Oil Exports Plunge in Former Soviet Union : Oil exports from the former Soviet Union, the world's largest producer, slumped to 53.9 million metric tons in 1991 from 99 million in 1990, Interfax news agency said. Year-to-year exports of petroleum products also dropped to 21.9 million metric tons from 27.5 million, according to the Russian news agency. Output has fallen steadily for the last three years because of antiquated equipment, work stoppages and the lack of hard currency for investment.
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