Word: oiled
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Dates: during 1990-1999
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Less than a month afterPresident Clinton blocked a $1 billion deal between Conoco Oil and Iran, the Royal Dutch-Shell Group is treading where U.S. companies now cannot. The Anglo-Dutch company acknowledged its negotiations today, but would not confirm reports that it sought the same lucrative contract that the Houston-based Conoco was forced to give up. SaysTIME business writer John Greenwald: "This shows that when you try to hurt Iran by barring American companies from doing business with it, foreign companies are only too willing to rush...
Through May 7. "Emil Nolde: The Painter's Prints." Nolde, Known for his vibrantly colored oil paintings and water-color, will be the focus of the first major U.S. exhibition of one of the greatest modern German artists...
Sweeter than retirement, certainly, which hasn't provided Iacocca an arena commensurate with his status as a national hero. It is all very well to start up a business that sells olive-oil spread or to promote gambling casinos on Indian reservations--two of his recent pursuits--but it doesn't compare with having the President return your calls. In September he filed for divorce from his third wife. She later countersued, challenging their prenuptial agreement and accusing him of hiring detectives to spy on her in their home in Beverly Hills, a charge he denies...
...thoughtful Martian might wonder, "These must be the children. Where are the adults?" As he knows, the Clean Water Act has been a visible, undeniable success. Everyone benefits every day. Streams that were murky with mill waste and untreated sewage now are clear and swimmable. No matter; because oil, gas and real estate interests pleaded inconvenience, water-quality standards are to be lowered. Protection of wetlands, which nourish marine life, is to be cut at a time when fish-producing U.S. coastal ecosystems are nearly barren...
...nation U.N. World Climate Conference that ended last week in Berlin, a lobbyist for the "Global Climate Coalition," a consortium of U.S. coal, gas and oil producers, bustled about confidently, warning against "dramatic, excessive" carbon dioxide controls and against "stifling" economic growth with "irrational new emission caps." The conference saw global warming differently, perhaps influenced by the Rhode Island-size hunk of shelf ice that broke off Antarctica recently. Jokers outside the conference peddled cans of Official Heisse Luft, or hot air, but the nations gathered wits and courage, and voted to begin negotiating precise CO2 limits...