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Topic: Business
Number of pages / Number of words: 12 / 3302
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Sells its chemical subsidiary and its 50% stake in Citrus Corp.

Enron built power plants in industrial and developing nations all over the world: Italy, Turkey, Argentina, China, India, Brazil, Guatemala, Bolivia, Colombia, the Dominican Republic, the Philippines, and others. By 1996, earnings from these projects accounted for 25 percent of total company earnings before interest and taxes

1998: Enron puts its Enron Oil & Gas Co...


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By 1996, earnings from these projects accounted for 25 percent of total company earnings before interest and taxes

1998: Enron puts its Enron Oil & Gas Co. up for sale, but refuses an offer, reportedly from Occidental Petroluem Corp., for 53.5% of the unit. The company secures roughly $800 million worth of new customers each quarter...


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