Thursday, October 10, 2024
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tag: Crude Oil

China Pledges $24B For Coal-to-Oil Infrastructure To Reduce Oil Imports – Peabody Energy (NYSE:BTU), Alliance Res Partners (NASDAQ:ARLP)

The largest Chinese coal producer, CHN Energy Investment Group, has announced a $24 billion investment in a coal-to-petroleum facility in Hami, Xinjiang. The project,...

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