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Global oil industry landscape and corporate power structures, 1923
Original title : Petrol Black Golconda: The Romance Of Petroleum 1924
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MARCOSSON, Isaac F. The Black Golconda: The Romance of Petroleum. New York: Harper & Brothers, 1924. XII & 369 pp. Hardcover. Journalistic account examining crude-oil production and major petroleum companies worldwide as of 1923. Organized by geographic regions (British advance, Dutch coalition, American offensive, California Empire, Oklahoma, Texas domain), focusing on company organization and entrepreneurial structures rather than operations or…
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Description
MARCOSSON, Isaac F. The Black Golconda: The Romance of Petroleum. New York: Harper & Brothers, 1924. XII & 369 pp. Hardcover. Journalistic account examining crude-oil production and major petroleum companies worldwide as of 1923. Organized by geographic regions (British advance, Dutch coalition, American offensive, California Empire, Oklahoma, Texas domain), focusing on company organization and entrepreneurial structures rather than operations or administration. Includes historical background on oil field development, natural resources management, and government policy. Notable for critical stance toward Royal Dutch Shell and favorable treatment of Standard Oil concerns. Primary focus on CEOs, entrepreneurs, and corporate hierarchies shaping the global petroleum industry.
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