The journey starts from the Titanic

The journey begins with the Titanic Chapter 663

Gudas persuaded him.Sinclair is a senior oil man with rich experience. With his help, Chevron Petroleum will develop more smoothly.

Sinclair opened his mouth slightly, he already knew the news of Chevron's independence. It would not be a loss to exchange shares of Sinclair Petroleum for Chevron Petroleum, and the position of vice president in charge of overseas affairs was not low. After all, Chevron Long Petroleum's overseas business is very large.

It's just that he still has some hesitation in his heart, even though he knows that he doesn't have much choice.

"Sir, don't you think you can live in peace in the United States? It is the wisest choice to end those unpleasant things and start over. Maybe a few years later, you will feel lucky for your decision today."

Situ Nan didn't miss the opportunity to try to dispel Sinclair's illusions.

"Yes! Is it possible that I will be in jail in the future or entangled in a protracted lawsuit?"

Situ Nan's words shocked Sinclair's heart, and he suddenly woke up.

The teapot mountain oil scandal involves a wide range of issues, and it will certainly not be clear in one or two sentences. It is better to make arrangements sooner rather than worrying about it in the future.

Wanting to understand the truth, Sinclair decisively accepted Situ Nan’s kindness and withdrew from the teapot mountain oil scandal in advance.

Sinclair is a major shareholder of Sinclair Petroleum. As long as he agrees, Occidental's acquisition of Sinclair Petroleum is basically a certainty.

As a result of the final negotiation, Sinclair sold his own shares of Sinclair Petroleum to Occidental Petroleum and exchanged 8% of Chevron Oil from Occidental Petroleum.

These shares are valued at around US$25 million. Considering that Chevron Petroleum will go public, it can rise a lot, so Sinclair is very satisfied with the deal.

His joining made Chevron Oil Company even more powerful. Situ Nan, who had tasted the sweetness, secretly aimed at another protagonist in the teapot mountain oil scandal-Edward?Doheny has his Pan American Petroleum Company.

The happiest thing is Hengda. Although Occidental Petroleum allowed Chevron to dig away a large chunk of its profits, it made up for it by acquiring Sinclair Oil.

This series of transactions were reached under extremely secret conditions. When other American oil companies did not react, Chevron Oil's independence was like thunder on the ground, which shocked people.

Chapter 183 The Central Aorta Project and the Circum-Atlantic Project

The New York Times and the Los Angeles Times created momentum for Chevron Petroleum, portraying it as an oil company with great potential. The beautiful words in the newspapers made countless investors ticklish, and they look forward to the listing of Chevron Petroleum as soon as possible.

The public's attention was attracted by Chevron Oil. Occidental Petroleum completed the acquisition of Sinclair Oil Company in a low-key manner. At the same time, it carried out huge construction plans in the central region, including Kansas, Indiana, Louisiana, and other central and southern United States. 6 oil refineries, 3 natural gas plants, 4,000 gas stations, and 10,000 kilometers of oil (gas) pipelines will be built in the region to connect Texas and other oil states with Illinois in the Great Lakes region. Detroit produces cars. Oil delivered from far away Houston can be obtained at the door of the factory.

"This is the main artery of the five major industrial zones and the Gulf of Mexico energy zone. It is as important as the Mississippi River in the last century. With this artery, we will get the energy market of the Great Lakes industrial zone, so it is worth spending more money."

To this end, Situ Nan made firm determination.

"Oh my God, it's crazy!" Sinclair was amazed when he heard about this plan, and was stunned by Situ Nan's generous work. He understood why Occidental Petroleum was so concerned about Sinclair Oil.

Sinclair Petroleum has just a section of existing pipeline. Just extend it to the north and south, connecting the prosperous Great Lakes region to the north and the energy-rich Gulf of Mexico to the south, saving a lot of trouble in the middle.

"We would have to spend 80 million US dollars to build this pipeline alone. There is no doubt that this is a pipeline made of gold! Along the way, it will pass through hundreds of oil fields, hundreds of cities (towns), and countless golden The liquid flows from above, and almost everyone cannot do without it."

Hengda is fascinated. He has been planning this for several years. Now he is finally about to implement this great plan. Whenever he thinks about it, he can't help but feel surging.

This is a big deal of US$205 million!Not only a pipeline, but also a network covering more than 10 continents along the way.

Along this network, Occidental Petroleum's refineries, chemical and gas stations are nodes. As time goes by, these nodes are more and more, and the network is getting bigger and bigger, and countless people also benefit from it.

Sinclair regretted not being able to participate in the Aortic Petroleum Project. What shocked him was that in addition to implementing the Aortic Petroleum Project in the central region, Occidental Petroleum also implemented another similarly ambitious "Circum-Atlantic" project to invest 300 million US dollars to build 20 oil refineries or petrochemical plants in major cities along the Atlantic coast, including 12 in the United States and 8 in Europe.

From Florida, Virginia, Pennsylvania, New York, and Massachusetts on the mainland of the United States to London, Liverpool, Paris, Frankfurt, and Rotterdam on the other side of the ocean, there will be more than 100 large and small oil ports and oil storage terminals along the coast, and the West will connect these ports. Occidental Petroleum Shipping Company is building a 500,000 tons of oil transportation capacity.

"This is a crazy plan, radical and there is no way out!"

Robes commented.

"Participating in such a major risk is not in line with Wells Fargo's style. However, we can clearly see the generous returns. For the high profits, the risk is worthwhile."

Dennis, the president of Wells Fargo Bank, was stimulated by this and was also excited to join Occidental Petroleum's "Central Aorta" and "Rim of the Atlantic" and two terrifying plans.

After negotiation, under the strong request of Stuart, Robles and Wells Fargo would provide at least US$200 million in loans for this purpose. Occidental Petroleum used the US$150 million raised by its own ability, plus the listing of Chevron Petroleum. The benefits of these two major expansion plans can basically guarantee the implementation of these two major expansion plans.

"You are a lunatic! But I like it." Hengda looked at Situ Nan with a calm and confident expression, and his excitement subsided a little.

"For madness!"

Situ Nan raised his glass.

"For madness!"

"For madness!"...

After finishing Chevron Petroleum, the strategic plan of Occidental Petroleum is the highlight. The presidents of the major companies of the William Consortium are gathered in William Manor, and they will more or less participate in Occidental Petroleum's plan.

Bethlehem is one of the most important roles, and it bears a very important responsibility.

For example, high-standard oil pipelines, tankers of tens of thousands of tons, large-scale power equipment, etc. need to be provided by Bethlehem, to share the financial and technical pressure of Occidental Petroleum.

Of course, don’t forget that the various electrical products provided by Cummins Electric Company are a comprehensive plan. They will be both prosperous, and all will be destroyed. It will not only test the strength of Occidental Petroleum, but also the collaboration ability of the William Consortium.

On behalf of Occidental Petroleum, Hengda proposed to welcome companies to invest in these two major projects and use their products and technologies to invest in these two major projects, which has saved Occidental Petroleum’s funds.

This proposal received a positive response from Bethlehem.

Occidental Petroleum Shipping Company was jointly invested by Occidental Petroleum and Bethlehem, each holding half of the shares and reorganized. Bethlehem used the construction of the tanker to invest in the shipping company.

Later, the California Shipping Company also joined in and bought some shares from Occidental Petroleum.

"It seems that the relocation of the headquarters to New York cannot be realized for the time being, and our strength in New York is still not enough..." Hengda spread his hands and looked at Situ Nan with a smile.

"If you don't move, don't move! Houston is also a good city. If you have the opportunity, take down Texaco." Situ Nan nodded.

The development of Texaco Oil Company is not as good as in history. Its role is played by Occidental Petroleum, and it is even better.

"Let's take a look!" Hengda said nonchalantly.

He somewhat understood Situ Nan’s urgency, because when Chevron Petroleum became independent and Occidental Petroleum acquired Sinclair Petroleum, Exxon Petroleum was not idle. Rockefeller left Los Angeles and went to Texas. Sri Lanka also won Humble Oil Company at lightning speed.

Humble Oil Company was jointly established by several local oil merchants in Texas. It mainly focuses on oil exploration and transportation. It lacks downstream businesses such as refining. Generally, it sells crude oil to giants such as Exxon Oil and Shell Oil.

Although the production chain is not completed, it is strong in crude oil extraction, with more than 100 million tons of oil reserves.Regarding this, Situ Nan has always coveted, but he didn't find a chance to start, and he didn't expect that Rockefeller would get on the ground first.

In this way, Exxon Petroleum has acquired a considerable part of its crude oil production capacity, and its dependence on Occidental Petroleum will be reduced.

"Don't the Texans hate Rockefeller very much? How could those people at Humble Oil Company make Rockefeller cheaper?" Situ Nan was puzzled.

In his memory, Humble Oil Company was finally annexed by Texaco, and Texaco was finally annexed by Chevron. Although the Rockefeller consortium has been infiltrating into the oil industry in Texas, it has always been restricted by Texas political and financial circles. , Texaco will not be taken until the Great Depression in the 1930s.

As a Texas company, Occidental Petroleum has a close relationship with the Texas political and financial circles. It has always been the pillar of the Texas consortium against the Rockefeller consortium in the east. Stuart has always believed that Occidental Petroleum should have a good chance of annexing Humble Oil Company. Reality.

"It can only be said that others are not idle. It is estimated that our rapid development has made the Rockefeller Consortium anxious. They also urgently need to speed up their deployment in the field of oil exploration and exploitation. They don't want to be controlled by us one day. Sell ​​them the crude oil cheaply."

Hengda analyzed, frowning slightly.

In any case, Exxon Oil enters Texas easily, and it will definitely compete with Occidental Petroleum for Texas oil resources, which is not a good thing.