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CommodityOilPrice.com

Water Tank Rupture Triggers Safety Concerns at Tajikistan’s Rogun Dam

A recent industrial “incident” disrupted work on the Rogun Dam in Tajikistan. Depending on which source is to be believed, either no one was harmed or at least five people were injured. According to Tajikistan’s State Service for the Supervision of Industrial and Mining Safety, an accident occurred in a tunnel at a section of the plant that is under construction on October 21. The Asia-Plus news…

CommodityOilPrice.com

ExxonMobil Profits Double to $15.4 Billion

ExxonMobil reported $15.4 billion in third-quarter profit Friday, more than double its earnings a year earlier, with its Gulf Coast refineries running at full capacity and diesel prices doing the rest. The company earned $3.72 per share, or $4.23 on an adjusted basis, beating Wall Street's $4.08 estimate. Adjusted net income reached $17.5 billion, making it one of Exxon's most profitable quarters…

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