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REFILE-BHP, Rio rebuff proposed iron ore tax change in Australian state

SYDNEY, Oct 4 (Reuters) - Mining giants Rio Tinto
and BHP Billiton on Tuesday rebuffed
proposals to replace one of the taxes they must pay on their
iron ore businesses in the state of Western Australia with
annual upfront payments.

Philippines' AboitizPower to buy power plant stakes for $1.2 bln

MANILA, Oct 4 (Reuters) - The Philippines' Aboitiz Power
Corp said on Tuesday it will acquire stakes held by
funds managed by Blackstone Group LP in a local
coal-fired power plant and another power project under
construction for about $1.2 billion.

Petrobras, Statoil extend partnership for old wells - sources

RIO DE JANEIRO, Oct. 4 (Reuters) - Petróleo Brasileiro SA
and Norway's Statoil ASA are expanding an existing partnership
to help the Brazilian state-controlled company arrest declining
production at aging wells in the offshore Campos Basin, two
people with direct knowledge of the plan said.

The Many Categories of Net Metering (Infographic)

Net metering is a common rule for the electricity system in nearly every state, allowing folks who generate their own electricity to get a fair credit on their bill for what they generate. But there's more to the concept that a single person with solar on their rooftop...

Growth in propane exports drove U.S. petroleum product export growth in first half of 2016

(Tue, 04 Oct 2016) In the first half of 2016, the United States exported 4.7 million barrels per day (b/d) of petroleum products, an increase of 500,000 b/d over the first half of 2015 and almost 10 times the crude oil export volume. While U.S. exports of distillate and gasoline increased by 50,000 b/d and nearly 140,000 b/d, respectively, propane exports increased by more than 230,000 b/d. Propane surpassed motor gasoline to become the second-largest U.S.

Reuters Business News Schedule at 0430 GMT/00.30AM ET

TOKYO - The Bank of Japan would deepen negative interest
interest rates to thwart any sharp spikes in the yen, which the
central bank sees as an obstacle to stoking inflation and
economic growth, sources familiar with its thinking say.
(JAPAN-ECONOMY/BOJ-YEN, moved, by Leika Kihara, 800 words)

Sensing opportunity, cities seek business backing for climate change efforts

LONDON, Oct 4 (Thomson Reuters Foundation) - Cities around
the world, including in developing nations, are increasingly
grasping the economic opportunities generated by the need to
tackle climate change and are pursuing concrete partnerships
with business, a climate research group said.

UPDATE 1-Iran oil exports hit pre-sanctions high on run-up in condensate shipments

* Exceeds 2011 average of 2.5 mln-2.6 mln bpd before
sanctions

UPDATE 1-Coal prices hit 30-month high as Newcastle cargoes surge over $80

* Coal futures prices: http://tmsnrt.rs/2dmXlkM

(Adds detail throughout)

Bondholders of Malaysia's Perisai reject extension of maturity date

KUALA LUMPUR, Oct 4 (Reuters) - Holders of Perisai Petroleum
Teknologi Bhd's S$125 million ($91.41 million) bond
have rejected the Malaysian oil and gas service provider's
request for a four-month extension on the maturity date, the
company said in a statement.

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