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( Brett Coomer / Houston Chronicle )

Citigroup sets $100 billion funding goal for green projects

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The effort builds on an earlier goal to arrange $50 billion in deals that the bank set for itself in 2007 and achieved in 2013, three years ahead of schedule.
(AP file photo/Hasan Jamali)

Saudi oil output rising amid fight for market share

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Saudi Arabia, the world’s largest crude exporter, led the Organization of Petroleum Exporting Countries’ decision in November to maintain its output target to preserve market share, rather than cut supply to boost prices.
(AP Photo/Mandel Ngan, Pool)

Obama’s chief economist says oil price drop offsets slowdown overseas

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The annual Economic Report of the President, to be released Thursday, projected 3 percent annual growth this year.
Iran's supreme leader, Ayatollah Ali
Khamenei (Bloomberg News/ILNA/document IRAN)

Iran’s Khamenei threatens to halt oil sales if sanctions persist

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Iran’s economy has languished under sanctions imposed over concerns that its nuclear program could lead to the development of atomic weapons.
Technip CEO Thierry Pilenko speaks to journalists in October 2013. (Gary Fountain/for the Houston Chronicle)

Technip promises revenue growth in 2015 amid oil-price slump

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Technip said it adapted to the challenging conditions in the oil industry by cutting costs, reducing headcount and streamlining its fleet of vessels.
(AP file photo/John Moore)

World’s largest oil exporter said to seek $10 billion

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The rapid decline in oil prices since June last year may encourage a wave of consolidation and acquisitions in the energy sector.
(Kristian Helgesen/Bloomberg)

Norway rejects call to cut oil taxes as cure for crude crash

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Oil companies in the country are preparing to cut investment by 15 percent this year.
(Fayez Nureldine/AFP/Getty Images)

Saudi Arabia’s oil exports fell in 2014 in ‘tough year’

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Saudi Arabia will maintain output, Oil Minister Ali Al-Naimi said in December, according to the state-run Saudi Press Agency.
(AP Photo/Hussein Malla)

Oil rises to highest this year amid Libyan, Iraqi disruptions

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West Texas Intermediate oil for March delivery rose 75 cents from Friday’s settlement to $53.53 a barrel on the New York Mercantile Exchange.
T. Boone Pickens (Photo: Associated Press)

T. Boone Pickens’ energy holdings lost nearly half of their value in fourth quarter

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Oil’s more than 51 percent decline since June 20 has eroded profits and forced major producers and drillers to cut more than $40 billion in spending and fire 50,000 workers.