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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.)

Added to timeline:

20 Sep 2025
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Date:

jan 1, 1955
Now
~ 71 years ago