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Report: Iran detains Greek national for smuggled oil tankers

oil tanker, Iran, smugglers

TEHRAN, Iran (AP) — An Iranian state-run daily is reporting that authorities in Tehran have detained a Greek national they accuse of embezzling money from smuggled oil and selling three oil tankers for $100 million. The report on Thursday in the IRAN newspaper suggests the Greek national was involved in smuggling Iranian crude oil while economic sanctions were imposed over ...

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New Mexico confronts budget shortfalls amid oil bust

New Mexico budget shortfall

RED RIVER, N.M. (AP) — The full extent of New Mexico’s budget crisis came into sharp focus Wednesday as state economists described an 8 percent plunge in revenues during the fiscal year that ended in June and warned state lawmakers of a looming budget deficit during the current year. The mid-year snapshot of state finances set the stage for a ...

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Company says it hasn’t reduced Albany oil shipments

ALBANY, N.Y. (AP) — An oil shipper recently accused by the Environmental Protection Agency of violating air pollution standards says it hasn’t reduced rail shipments to its terminal at the Port of Albany on the Hudson River. The EPA issued a violation notice July 29 to Global Companies LLC, based in Waltham, Massachusetts. The EPA says its calculations show 3.5 ...

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Judge to rule on tribe’s oil pipeline request by Sept. 9

Dakota Access, pipeline protest

BISMARCK, N.D. (AP) — A ruling in the request by the Standing Rock Sioux Tribe to stop a four-state oil pipeline under construction near their reservation will come by Sept. 9, a federal judge said Wednesday. The tribe is challenging the Army Corps of Engineers’ decision to grant permits for Dallas-based Energy Transfer Partners’ $3.8 billion Dakota Access pipeline, which ...

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Can a protest against oil happen without oil?

Protests against the Dakota Access Pipeline continue to mount, causing work stoppages both in southern North Dakota near the Standing Rock Sioux Reservation as well as in Iowa. Today, the  Iowa Utilities Board ordered a work stoppage around the property of 15 landowners to give the board time to review legal issues. Landowners argue against “forced condemnation of farmland for ...

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Oil pipeline subject of federal hearing, small work stoppage

pipeline protest, Dakota Access

BISMARCK, N.D. (AP) — A Texas company that’s building an oil pipeline across four states was told Wednesday by the Iowa Utilities Board to stay away from the properties of 15 Iowa landowners until Monday to give board time to review legal issues involving a lawsuit. Also Wednesday, a federal judge in Washington, D.C., will consider a request by the ...

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Williston approves ordinance to eliminate crew camps

The city commission's decision to end Williston crew camps will likely face a legal battle. (Image: Tim Whitlow via Flickr)

WILLISTON, N.D. (AP) — Williston’s City Commission has given final approval to an ordinance that will eliminate oil field crew camps within city limits this summer, although the matter still lingers in the courts. On Tuesday, commissioners unanimously approved a Sept. 1 deadline for crew camps to shut down, with companies given about another two years to clean up and ...

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Feds to livestream Gulf oil and gas lease sale

NEW ORLEANS (AP) — Five months after protesters disrupted an oil and gas lease sale for tracts in the Gulf of Mexico, the government is livestreaming a lease sale but closing the site in New Orleans where bids are read. Wednesday’s sale, offering all 23.8 million acres available for drilling and exploration off of Texas coast, will be the first ...

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Judge moves pipeline protest hearing, says sides should meet

handshake, negotiate

BISMARCK, N.D. (AP) — A federal judge has postponed a hearing on whether a preliminary injunction should be issued to prevent protesters in North Dakota from interfering with construction of an oil pipeline. U.S. District Judge Daniel Hovland moved the hearing scheduled on Thursday to Sept. 8. The judge also extended a restraining order against the protesters until the hearing. ...

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Stocks end mostly lower in quiet trade; oil prices decline

oil prices, financial markets, wall street

NEW YORK (AP) — Stocks closed slightly lower in quiet trading Monday after drifting most of the day between gains and losses. Energy companies fell along with the price of oil while biotechnology and drug companies rose after Pfizer announced it was buying a cancer drug maker. Trading remained subdued, as it has been for most of the month, with ...

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