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UPDATE 1-Dutch storage company Vopak shares dive on outlook concerns

AMSTERDAM, Aug 21 (Reuters) - Shares in Vopak, the Dutch oil and chemicals storage company, tumbled on Friday after it said it did not expect Asian markets to improve and that its core earnings were likely to be lower in the second half of the year.

Malaysia's 1MDB says confident of sealing sale of power assets by Q4

KUALA LUMPUR, Aug 21 (Reuters) - Malaysia's debt-laden state fund 1Malaysia Development Bhd (1MDB) said on Friday it is confident that a deal can be sealed on the sale of its power assets by the fourth quarter of this year.

Q2 oil results show strength of US 'super-shale' for the price of a slice

If the round of second-quarter upstream conference calls showed anything, it was that operators have been humdingers in recent months, says Starr Spencer.

Major fossil fuel-producing states rely heavily on severance taxes

(Fri, 21 Aug 2015) Several states that produce large amounts of fossil fuels rely heavily on severance tax revenue?taxes based on the volume and/or value of oil, natural gas, coal, and other natural resources. On average, severance taxes accounted for less than 2% of state tax collections in 2014, but in three states?Alaska, North Dakota, and Wyoming?severance taxes provided a much larger share of total state tax revenue in that year.

In downturn, frackers turn to toilet water in drought-prone Texas

HOUSTON, Aug 21 (Reuters) - Top shale oil producer Pioneer Natural Resources Co has found an unusual way to both save water and cut costs for its wells: tapping the treated runoff from toilets, sinks and showers in west Texas.

UPDATE 1-Feels like 1986: Oil on track for longest weekly losing streak in 29 years

* Oil pulled lower by weaker global stock markets (Updates prices, adds China manufacturing data, analyst quote)

Safety hazards found at 70 pct of Beijing chemical firms inspected - Xinhua

SHANGHAI, Aug 21 (Reuters) - Safety hazards have been found at almost 70 percent of firms handling dangerous chemicals inspected in Beijing since two massive blasts killed 114 people last week, including a branch of Asia's largest refiner Sinopec Corp, state media reported.

UPDATE 3-Brazil's lower house speaker Cunha charged in corruption probe

BRASILIA, Aug 20 (Reuters) - The speaker of Brazil's lower house of Congress was charged by prosecutors with corruption and money laundering on Thursday, becoming the first sitting politician to be charged in a burgeoning kickback and bribery scandal.

UPDATE 1-Germany and Brazil join forces on climate change action

BRASILIA, Aug 20 (Reuters) - Germany and Brazil committed themselves on Thursday to a joint stance on climate change, putting the largest economies in Europe and Latin America on the same page ahead of global climate talks in Paris in December.

UPDATE 1-LG Elec to supply auto displays to Honda, Porsche - source

* Sister firm LG Display already a major car display supplier (Updates with response from LG Electronics, background)

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