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Private equity funds, sensing profit in tumult, are propping up oil

Private equity funds, sensing profit in tumult, are propping up oil

These secretive investment companies have pumped billions of dollars into fossil fuel projects, buying up offshore platforms, building new pipelines and extending lifelines to coal power plants.
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california oil spill

Mapping California’s oil spill: Aging pipes line the coast

The latest spill, thought to be from a decades-old pipeline that connected three platforms to a pumping station in Long Beach, has brought scrutiny to California's aging offshore oil and gas infrastructure.

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