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Exxon Mobil's pipeline arm agrees to $1.4 million penalty for crude oil spill

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The pipeline company of Exxon Mobil Corp. has agreed to pay a $1.4 million civil penalty for an alleged crude oil spill in Louisiana.
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Wildfires can have negative impact on drinking water sources

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Wildfires of unprecedented magnitude and severity have increased in frequency in the last few years, raising concerns about the quality of local natural resources, such as water, the Water Research Foundation (WRF) and the Canadian Water Network (CWN) claim in a joint report.
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Roche acquires InterMune for $8.3 billion in move to strengthen respiratory portfolio

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Swiss pharmaceuticals group Roche revealed this week that it has agreed to acquire California-based biotechnology company InterMune Inc. in a deal worth $8.3 billion.
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Labour Party wants stricter rules on fracking in Britain

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Britain's Labour Party is aiming to amend the current infrastructure bill before the House of Lords in an attempt to strengthen the regulation covering fracking.
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Chinese police seize 30,000 tons of contaminated chicken feet

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Chinese authorities have detained 38 people and seized over 30,000 tons of contaminated chicken feet, which are a popular dish in the country.
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Economic indicator shows deceleration in US chemical market

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Despite the softening pace, the August Chemical Activity Barometer marked a string of gains going back to April 2013.
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Reliance to ship US ethane to India

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India's Reliance Industries Ltd. revealed on Wednesday that it plans to ship 1.5 million tons per year of ethane from the United States.
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Tighter restrictions to be placed on hydrocodone combination products

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Medicines containing hydrocodone, a highly addictive painkiller, will be subject to more restrictions under new rules published by the U.S. Drug Enforcement Administration (DEA) this week.
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China's Sinopec shortlists 37 bidders for fuel marketing unit

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State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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LG Chem to supply plug-in hybrid car batteries to Audi

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South Korean chemical company LG Chem has won an order to supply batteries for hybrid electric vehicles made by German car maker Audi, a subsidiary of Volkswagen Group.
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