One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own stockholders. This is the story of an American Business firm which has become an integral part of a nations social and economic progress. Venezuela is a country of great natural resources, but only oil and iron have been tapped on a large scale. Th
Products are now available at the new cspan online store. Go tose and stored see san announcer in 1950, oilrich, venezuela was the fourth most prosperous country in the world with an average annual income of about 7500. With only switzerland, new zealand, and the United States doing better. In recent years, oil prices have dropped and venezuela has experienced political and economic turmoil. The country is now number 126 on the list of per capita gdp. Next, people and petroleum, the story of creole in venezuela. A 1950s promotional film showing the history of Creole Petroleums development and in venezuela, and what it argues are benefits to the country, including health care, education and infrastructure. At the time, creole was a Standard Oil New Jersey venuzuela affiliate and the worlds number two oil producer. It dissolved when the country nationalized their oil industry in the 1970s. Narrator stretching along the Eastern Shore of Lake Maracaibo in venezuela, is one of the industria
One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and marketing as been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own stockholders. This is the story of an American Business firm which has become an integral part of a nations social and economic progress. Venezuela is a country of great natural resources, but only oil and iron have been tapped on a large scale. This
Narrator stretching along the Eastern Shore of Lake Maracaibo and venezuela, one of the industrial wonders of modern times, the oilproducing complex of the venezuelan fields, more than 2000 oil wells reaching almost to the horizon. One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own sto
A 1950s promotional film by Creole Petroleum corporation shows the history of its development in venezuela and what it argues are the many benefits to the country, including health care, education and infrastructure. Newhe time, creole was jerseys venezuela affiliate and the number two oil producer. It dissolved when the country nationalized their oil industry in the 1970s. Stretching along the Eastern Shore of venezuela is one of the industrial wonders of modern times. The Oil Producing complex of the boulevard coastal fields. Wellshan 2000 oil reaching almost to the horizon. This resource has brought a new life to the people of venezuela. The oil beneath these waters belongs to those people. But, the stupendous task of bringing it to the surface and refining it has been the work of private foreign capital and engineering genius. Much of it, north american. That network has been done by one company. Creole petroleum corporation. Creole is an american company. An affiliate of new jerse