Exhibit 24
    
 
   
                          AMOCO ARGENTINA OIL COMPANY
    
 
   
                               POWER OF ATTORNEY
    
 
   
    KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned constitutes and
appoints Michael R. Ivy, Marsha C. Williams and Jerry M. Gross, and each of
them, his or her true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any and all Amoco Argentina Oil
Company registration statements and amendments thereto (including post-effective
amendments) relating to issuance of an aggregate of up to $200,000,000 in
principal amount of debt securities of Amoco Argentina Oil Company and/or its
branch in Argentina, and to file the same, with all exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission
and the Argentine Comision Nacional de Valores, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he or she might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agent, or his or her substitute or substitutes, may lawfully do or cause to be
done by virtue hereof.
    
 
   
    IN WITNESS WHEREOF, the undersigned has executed this power of attorney on
the 10th day of January, 1997.
    
 
   
                                                      MICHAEL R. IVY
 
                                          --------------------------------------
                                          Name: _________Michael R. Ivy_________
    

   
                          AMOCO ARGENTINA OIL COMPANY
    
 
   
                               POWER OF ATTORNEY
    
 
   
    KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned constitutes and
appoints Michael R. Ivy, Marsha C. Williams and Jerry M. Gross, and each of
them, his or her true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any and all Amoco Argentina Oil
Company registration statements and amendments thereto (including post-effective
amendments) relating to issuance of an aggregate of up to $200,000,000 in
principal amount of debt securities of Amoco Argentina Oil Company and/or its
branch in Argentina, and to file the same, with all exhibits thereto, and other
documents in connection therewith, with the Securities and Exchange Commission
and the Argentine Comision Nacional de Valores, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he or she might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and
agent, or his or her substitute or substitutes, may lawfully do or cause to be
done by virtue hereof.
    
 
   
    IN WITNESS WHEREOF, the undersigned has executed this power of attorney on
the 10th day of January, 1997.
    
 
   
                                                    L. G. KULIKOVSKIS
 
                                          --------------------------------------
                                          Name: ________L. G. Kulikovskis_______
    

   
                               AMOCO CORPORATION
    
 
   
                               POWER OF ATTORNEY
    
 
   
    KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned constitutes and
appoints H. L. Fuller, J. L. Carl and each of them, his or her true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, in any and all
capacities, to sign any and all Amoco Corporation registration statements and
amendments thereto (including post-effective amendments) relating to issuance or
guarantee of an aggregate of up to U.S.$200,000,000 in principal amount of debt
securities, and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Securities and Exchange Commission and the
Argentine Comision Nacional de Valores, granting unto said attorney-in-fact and
agent, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying
and confirming all that said attorney-in-fact and agent, or his or her
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
    
 
   
    IN WITNESS WHEREOF, the undersigned has executed this power of attorney on
the 13th day of January, 1997.
    
 
   
                                                    WILLIAM G. LOWRIE
 
                                          --------------------------------------
                                          Name: ________William G. Lowrie_______
    

   
                               AMOCO CORPORATION
    
 
   
                               POWER OF ATTORNEY
    
 
   
    KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned constitutes and
appoints H. L. Fuller, J. L. Carl and each of them, his or her true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, in any and all
capacities, to sign any and all Amoco Corporation registration statements and
amendments thereto (including post-effective amendments) relating to issuance or
guarantee of an aggregate of up to U.S.$200,000,000 in principal amount of debt
securities, and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Securities and Exchange Commission and the
Argentine Comision Nacional de Valores, granting unto said attorney-in-fact and
agent, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying
and confirming all that said attorney-in-fact and agent, or his or her
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
    
 
   
    IN WITNESS WHEREOF, the undersigned has executed this power of attorney on
the 9th day of January, 1997.
    
 
   
                                                    JUDITH G. BOYNTON
 
                                          --------------------------------------
                                          Name: ________Judith G. Boynton_______
    

   
                                 AMOCO COMPANY
    
 
   
                               POWER OF ATTORNEY
    
 
   
    KNOW ALL PEOPLE BY THESE PRESENTS, that the undersigned constitutes and
appoints W. R. Hutchinson, J. L. Carl and D. B. Pinkert, and each of them, his
or her true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him or her and in his or her name, place
and stead, in any and all capacities, to sign any and all Amoco Company
registration statements and amendments thereto (including post-effective
amendments) relating to issuance or guarantee of an aggregate of up to
$200,000,000 in principal amount of debt securities, and to file the same, with
all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission and the Argentine Comision Nacional de
Valores, granting unto said attorney-in-fact and agent, full power and authority
to do and perform each and every act and thing requisite and necessary to be
done in and about the premises, as fully to all intents and purposes as he or
she might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or his or her substitute or substitutes, may
lawfully do or cause to be done by virtue hereof.
    
 
   
    IN WITNESS WHEREOF, the undersigned has executed this power of attorney on
the 9th day of January, 1997.
    
 
   
                                                    JUDITH G. BOYNTON
 
                                          --------------------------------------
                                          Name: ________Judith G. Boynton_______