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Beyond Shell-BG, oil company merger activity is down

(Wed, 22 Jul 2015) The second quarter of 2015 exhibited the largest amount of oil companies' merger and acquisition (M&A) activity by value since fourth-quarter 2012. The announced merger between Royal Dutch Shell and BG Group in early April accounted for $84 billion of the $115 billion quarterly total.

REFILE-Governance, performance woes put investors off emerging Asian stocks

* Emerging market funds underweight Asia despite outperformance

Australia's South32 nickel output falls below guidance

SYDNEY, July 22 (Reuters) - Australia's South32 said on Wednesday it missed June quarter nickel production guidance due to labour unrest at its Cerro Matoso mine in Colombia and a drop in ore grades.

Adani suspends two Carmichael contractors - SMH report

SYDNEY, July 22 (Reuters) - India's Adani Mining has suspended two major contractors on its A$10 billion ($7.4 billion) Carmichael coal project in Australia, the Sydney Morning Herald reported on Wednesday, raising fresh doubts about the project's future.

Australia shares fall on profit taking, NZ stocks up

SYDNEY/WELLINGTON, July 22 (Reuters) - Australian shares ran out of puff on Wednesday, ending a 6-day winning streak, with investors content to take profits on recent major moves.

UPDATE 1-BHP beats fiscal 2015 iron ore guidance, takes copper hit

* Says will take up to $650 million writedown in copper (Adds iron ore production figures, prices copper impairment)

Global Bioenergies to produce isobutene from sucrose

France-based Global Bioenergies has developed an isobutene production process that utilizes sucrose as feedstock.

Honeywell UOP to supply technology for new petrochemical plant in China

China-based Ningxia Baota Chemical Fiber has selected Honeywell UOP's technologies and equipment for the construction of petrochemical complex in the Yinchuan City, Ningxia.

UPDATE 3-Chesapeake Energy suspends dividend payments

July 21 (Reuters) - Chesapeake Energy Corp, the second-largest U.S.

Colombia pledges to cut carbon emissions 20 percent by 2030

July 21 (Reuters) - Colombia, South America's third-largest economy, has pledged to reduce carbon emissions by at least 20 percent by 2030 as a contribution to a new agreement aimed at fighting global warming, the government said on Tuesday.

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