Read Private Empire: ExxonMobil and American Power Online
Authors: Steve Coll
Tags: #General, #Biography & Autobiography, #bought-and-paid-for, #United States, #Political Aspects, #Business & Economics, #Economics, #Business, #Industries, #Energy, #Government & Business, #Petroleum Industry and Trade, #Corporate Power - United States, #Infrastructure, #Corporate Power, #Big Business - United States, #Petroleum Industry and Trade - Political Aspects - United States, #Exxon Mobil Corporation, #Exxon Corporation, #Big Business
succession issue of, 525–28
2004 coup attempt in, 286–94, 514
U.S. embassy in, 146, 147, 149
U.S. military aid to, 147–48
U.S. security relations with, 514–16, 529
Whalen-Wales meeting and, 286–90
Zafiro oil field of, 521
Erdimi, Tom, 168
Erdos, Al, 138–39
Ernst & Young, 383
Essien, Nduese, 457, 466–67
Esso, 36, 223–24, 231
Esso Exploration & Production Chad, Inc., 157
Esso Inter-America, 46
ethanol, 498
as alternate energy, 445–48
congressional mandate for, 446–48
Ethiopia, 172
Etukakban, Samingo, 457
European Chemicals Bureau, 484
European Command, U.S., 174, 470, 471, 474, 515
European Union, 308, 479, 484, 486
Evans, Don, xiv, 90, 252, 254, 258, 271
Putin’s conversations with, 250–51, 268, 277–79
Eve (rap star), 527
Executive Outcomes, 284
Extractive Industries Transparency Initiative (E.I.T.I.), 504, 522–25, 526
Exxon Chemical Company, 213–14, 478–81, 486
see also
chemical industry
Exxon Corporation, 1, 9
Aviation Services department of, 42–43, 44
corporate management culture of, 37–41
as corporate state, 19–21
and demise of Soviet Union, 18–19
employee ranking system of, 39, 41
energy policy and, 21–22
Exxon Valdez
cleanup operations and, 14–16, 17
Global Security department of, 30, 42, 43
Exxon Corporation (
cont.
)
Irving campus of, 34–35
Mobil buyout and, 60–66
in move to Texas, 34–35
O.I.M.S. of, 32–33, 39, 41
as political actor, 19–21
premerger holdings of,
65
Rawl’s cost-cutting at, 6–7, 11, 49
Raymond Rule and, 30
recruitment by, 37, 39–40
religious tradition of, 36–37
Reso kidnapping and culture of, 25–29
resource nationalism and, 51–55
R.O.C.E. metric of, 49–50
Rockefeller style and, 36–37
safety management regime of, 30–33
share buybacks and, 62–64
Exxon Enterprises, 80
ExxonMobil:
accident safety policy of, 378–79
Aceh war and, 98–102, 106, 107–11, 112–14, 116–17, 118, 143, 398–99
biofuels investment of, 549
Biomedical Science division of, 480–81
BP’s rivalry with, 223–24
British operations of, 223–24
cash deposits of, 587–88
contracts policy of, 417–18
employee political donations and, 493–94
energy education campaign of, 303–5, 307, 309–10
first annual meeting of, 88–89
first-year earnings of, 66
forecasts practice of, 304–11, 442, 645
n
formation evaluation group of, 158
geologists employed by, 157
geopolitical vulnerability of, 450
Global Security department of, 107–11, 207, 352, 353, 465, 466, 469, 475, 558
government access and, 68, 72
issues management program of, 214–15
John Doe
lawsuit and, 400–404
key vote system of, 341
lobbying by, 71–77, 84, 87, 183, 246, 301–3, 339–43, 481, 496, 534–35, 542–43, 547, 548, 551
Management Committee of, 79, 161, 163, 190, 200, 207, 209, 214, 298, 306, 331, 334, 419, 421–22, 424, 439, 442, 450, 550, 586, 587
Moscow office of, 255
1988 profits of, 159
oil spill response plan of, 608, 609–10
oil supply disruptions and, 245–46
O.I.M.S. of, 94, 164
P.A.C. of, 340–41, 488, 494–96
public affairs department of, 213–15, 320, 331–32, 398–99
public reputation of, 217–20, 316–17, 331–32, 496–97, 549–50
record profits of, 496–97
recruitment by, 218
reserves accounting of, 189–92, 325–26
reserves replacement problem of, 199–200, 247, 249, 258, 332, 422, 564–65, 573, 596–98, 615, 617
resource nationalism and, 94
retail gas system of, 371–74, 380
risk management plan of, 614
R.O.C.E. metric of, 49–50, 595
Safety and Health division of, 178–79
safety policy of, 614–15
salaries at, 218
sanction issue and, 246
size and reach of, 66
succession question and, 209–12, 314–18
taxation issue and, 74–75
Tony the Tiger logo of, 216
2005 profits of, 318–19
2010 profits of, 595
2011 profits of, 625
and value of Mobil holdings, 194–95
Washington politics as categorized by, 75–76
women and, 218
see also
Mobil Oil
Exxon Shipping Company, 5, 7
Exxon Valdez
disaster, 1–18, 28–30, 47, 61, 225, 315, 385, 387, 610–11, 615
culpability in, 7, 15, 16–17
damage to wildlife in, 7–8
dispersants debate in, 9–10, 14, 16
Exxon-Coast Guard conflict in, 14–15
Exxon’s safety record after, 603–4
Freedom of Information Act requests and, 131, 133–34, 135–36
Hazelwood and, 1–6
oil leak in, 5–7
overlapping authorities and, 10–13
punitive damages in, 312–14
Raymond’s assessment of, 9–10, 11–13
scientific surveys of, 122–25, 128–33
settlement in, 124
ship aground in, 3–4
Eyiboh, Esseme, 466–67, 651
n
Ezell, Randy, 601–2
Fahd, King of Saudi Arabia, 201
Faisal (student activist), 119, 120
F.A.R.F. (Armed Forces for a Federal Republic), 167
Fariello, Theresa, xiii, 342–43, 507, 548–50
Farmer, Mike, 107–10, 405
Federal Bureau of Investigation (F.B.I.), 26–27, 28
Feinstein, Dianne, 486
Feith, Douglas, xiv, 227, 231, 234, 241, 242, 243, 245
global vision on oil, 237–40, 246
Senate testimony of, 227–28
Field of Dreams
(film), 525
Fifteenth World Petroleum Congress, 81
Finance Ministry, Iraqi, 564
financial crisis of 2008, 540, 541, 578
Finestone, Paul, 528
Finestone Insurance Agency, 528
Finkel, Louis, 343
Flannery, Brian, xiii, 79, 84, 183, 555
Flatt, Shawn, 424
Fleytas, Andrea, 602–3
Fluor Corporation, 235
Foley, Thomas, 232–33
Foltz, William, 171
Ford, Gerald, 237
Ford Motor Company, 85, 539
Foreign Agricultural Service, 154
Foreign Corrupt Practices Act (F.C.P.A.), 109, 142, 298–99
Foreign Office, British, 459
Forsythe, Rosemarie, xiii, 160–62, 163, 255, 419, 442, 463
Fortune,
33, 316, 645
n
F.P.S.O. (offshore production vessels), 469–70
fracking.
See
hydraulic fracturing
France, 19, 141, 155, 261, 297, 357, 455, 512, 513, 620
Franco, Francisco, 137, 285
Franklin, Rob, 574, 575
Franks, Tommy, 227–28
Frazer, Jendayi, 468, 469
Free Aceh Movement,
see
G.A.M.
FreedomCAR and Fuel Partnership, 437, 444
Freedom House, 344
Freedom of Information Act, 131, 133–34, 135–36, 183, 459
Freeman, Bennett, 223, 504–7, 538
Freeport-McMoRan Copper & Gold, 102
Freudenberg, William, 312–13
Friedberg, Aaron, 243–44
Friedman, Thomas, 240
Front Uni Pour le Changement (United Front for Change), 357, 363
Fryszman, Agnieszka, 405–7
Fuller, Lawrence, 60
Future 500, 537
Future of Iraq Project, 232
“Future Policy Issues Concerning the Ministry of Oil” (Carroll), 236