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Targa Tells Texas Court Contract Doesn't Back $158M Loss

By Katie Buehler ( March 31, 2022, 7:39 PM EDT) -- Midstream resource management company Targa Channelview LLC urged a Texas appellate panel Thursday to toss a roughly $158 million judgment in favor of energy company Vitol Americas Corp. related to a failed crude oil storage and processing facility, arguing the trial court wrongly found the pair's contract called for reimbursable prepayments....

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