New York Moves Toward Suit Over a 50-Year-Old Oil Spill
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New York State moved to sue Exxon Mobil and four other companies to force them to clean up millions of gallons of oil lying under Greenpoint.
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ExxonMobil's legal battle rages 18 years after the oil spill, as the case is likely headed to the Supreme Court.
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New York State's attorney general said on Thursday that he planned to sue Exxon Mobil Corp.  and other oil companies over an oil spill in New York City.
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Chinese authorities are battling to clean up after one of the worst oil spills in the region's waters.
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Rough sea and bad weather have hampered efforts to deal with the oil spill from the freighter that split off the Aleutians last week.
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NEW YORKâCrude oil hit $55 (US) a barrel yesterday as traders worried over thin heating oil inventories ahead of winter and Federal Reserve Board chairman Alan Greenspan predicted the soaring costs would not crimp economic growth like in the 1970s.
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ANCHORAGE, Alaska  - Plaintiffs in the long-running case surrounding the 1989 Exxon Valdez oil disaster this week asked the U.S. Supreme Court to restore a $5 billion punitive fine against Exxon Mobil Corp, a petition filed with highest U.S. court shows.
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The U.S. Supreme Court said on Monday it would hear an appeal by Exxon Mobil Corp seeking to overturn the $2.5 billion in punitive damages it must pay for the 1989 Exxon Valdez oil spill off Alaska.
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State and federal agencies scrambled Friday to limit the damage from an oil spill that left deposits on 21 miles of Puget Sound shoreline.
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The Supreme Court will decide whether a $2.5 billion punitive damages award against Exxon Corp. -- now Exxon Mobil -- for its role in the 1989 Exxon Valdez oil spill in Alaska was excessive.
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DUTCH HARBOR, Alaska - In the first few days after 1989&#39;s Exxon Valdez disaster, fishermen were forced to fell trees and drop them across favored spawning streams to halt the spread of oil.
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A tanker carrying more than 19 million gallons of fuel oil grounded off New York City on Thursday but was not leaking, the U.S. Coast Guard said.
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NEW YORKâIBM said yesterday it is in talks to settle a mammoth lawsuit alleging a pension plan adopted by the firm in the 1990s discriminated against 140,000 older workers.
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New York State's attorney general said  on Thursday that he planned to sue Exxon Mobil Corp.   and other oil companies over an oil spill in New York City.
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New York state Attorney General Eliot Spitzer is preparing to file his second civil suit against an insurance broker, San Diego, Calif.
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NEW YORK For the first time, oil has settled the day priced at more than 50 dollars a barrel. In New York, crude for November delivery rose 48 cents and closed at a record 50 dollars, 12 cents a barrel.
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PARIS Oil prices hit a new record of nearly $51 a barrel in New York Tuesday as traders turned their attention to the Gulf of Mexico, where production is still suffering delays caused by Hurricane Ivan.