jan 1, 1955 - "After the Bolshevik Revolution, Standard Oil
of New Jersey bought 50 percent of the
Nobel's huge Caucasus oil fields even though
the property had theoretically been
nationalized."
(O'Connor, Harvey, The Empire Of Oil, Monthly
Review Press, New York, 1955, p.270.)
Description:
The empire of oil
After the Bolshevik Revolution, Standard Oil of New Jersey bought 50 percent of the Nobel's huge Caucasus oil fields even though the property had theoretically been nationalized. (O'Connor, Harvey, The Empire Of Oil, Monthly Review Press, New York, 1955, p.270.)
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