Political and commercial geology and the world's mineral resources — John Shaqi
Political and commercial geology and the world's mineral resources
Science
Political and commercial geology and the world's mineral resources
Geology, Economic; Mines and mineral resources
The interests engaged in the petroleum industry of _Trinidad_ include
financial groups purely British, controlling about 57 per cent. of
the production; British-Dutch interests (Dutch-Shell) controlling
about 23 per cent., and United States interests (General Asphalt Co.),
controlling the remainder. The leading operator in Trinidad is the
Trinidad Leaseholds, Ltd., a British company that in 1917 produced
about 42 per cent. of the petroleum output credited to Trinidad that
year.
Commercial control of the petroleum resources of lower _Alsace_
has been in the hands of the Vereinigte Pechelbronner Oelbergwerke
Gesellschaft and the Deutsche Tiefbohr A. G. Both of these companies
are believed to be controlled by the Deutsche Bank through the Deutsche
Erdoel A. G., and the Diskonto und Bleichroeder. The negligible
production of petroleum in _Hanover_ is doubtless under the same
financial control, although data that would warrant a positive
statement to that effect are not at hand.
The petroleum reserves of _Argentina_, which comprise the only areas
from which petroleum is being commercially produced in that country,
are operated by the state through the Comodora Rivadavia Petroleum
Commission. German interests are thought to have been involved in two
or three unsuccessful efforts in the last decade to obtain petroleum on
tracts adjacent to the government reserves in the Comodora Rivadavia
district.
The petroleum industry in _Egypt_ is controlled wholly by British-Dutch
capital operating as the Anglo-Egyptian Oilfields, Ltd., a subsidiary
of the Royal Dutch-Shell Syndicate, through the Anglo-Saxon Petroleum
Co., the last-named company being predominantly British.
Commercial control of the petroleum industry in _Canada_ is exercised
in effect by the Standard Oil Co. of New Jersey, through its subsidiary
the Imperial Oil Co. of Canada. This control is exercised through a
virtual monopoly of pipe-line and refining facilities, and by the
producing interests, though British and Canadian, being individually
small and unorganized.
The production of petroleum in _Italy_, which is small, represents the
output of two companies, the Petroli d’Italia, in which French capital
is predominant, and the Petrolifera Italiana, which is believed to be
essentially Italian.
Financial groups interested in petroleum in _Venezuela_ include the
Royal Dutch-Shell Syndicate (British-Dutch), the General Asphalt
Co., (United States), and a group of British financiers who control
properties in Trinidad as well as the most important group of
companies, other than Nobels and the Dutch-Shell, in Russia.
Public-domain text, read in full here on John Shaqi.
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