Word: oiled
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Dates: during 1990-1999
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Conoco's decision this week to cancel a potentially lucrative oil deal with Iran bodes well for American business and American politics...
...Houston based subsidiary of the Du Pont corporation, Conoco won a contract with the Iranian government to develop two off-shore oil fields in the Persian Gulf in a deal reputedly worth approximately one billion dollars...
...sooner had Conoco announced the contract than voices of protest mounted, both in the Clinton Administration and in the Du Pont corporation itself. While Conoco's deal did not represent a violation of American law (the oil from the fields was not to be brought into the United States) it did constitute a gross violation of the spirit' of American policy Vis-a-vis the Islamic regime in Iran...
Through May 7. "Emil Nolde: The Painter's Prints." Nolde, known for his vibrantly colored oil paintings and watercolors, will be the focus of the first major U.S. exhibition of one of the greatest modern German artist...
Clinton and Bush Administration officials now admit they knew about Conoco's prospective $1 billion oil contract with Iran. President Clinton nixed the deal by executive order this week. The Houston-based oil firm said today in Senate testimony that it was never told to halt negotiations with Tehran to develop offshore oil fields, despite State Department concerns about Iran's terrorist activities. Senate Banking Committee chairman Alfonse D'Amato (R-N.Y.), who held a hearing on the matter today, said that State Department officials misled the company: "The Clinton and Bush Administrations knew and did nothing," D'Amato...