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Texas needs third-party suppliers’ help to come back

Harvey costs seen rising to $42 billion as flooding intensifies

Bloomberg Sometimes, you need a little help from your friends. As Gulf Coast refiners restart their plants in the wake of Hurricane Harvey, they must step through a complex process that can take days to weeks to complete, even if they were largely unscathed by the storm’s flooding rains. But first, they need the support of others — third-party suppliers, ...

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Australia urges AGL to extend life of coal-fired plant

Australia urges agl to extend life of coal fired liddell plant copy

Bloomberg Australia’s government is keeping the pressure on AGL Energy Ltd. to extend the life of its Liddell coal-fired power station. Energy Minister Josh Frydenberg and Treasury Scott Morrison separately reiterated on Sunday the importance of the Liddell plant continuing to operate past 2022, when the Sydney-based company has said it will close. The government is scheduled to meet AGL ...

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China’s teapot plants form new club to beat rivals

Employees close a valve of a pipe at a petrochina refinery in lanzhou, gansu province

Reuters A group of independent Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick. Less than two years after becoming some of China’s newest crude oil importers, around 20 independent plants in the eastern industrial heartland ...

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