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Energy marketplace adds auctions

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Houston--Energy e-marketplace Trade-Ranger launched a new service Thursday to help energy and petrochemical companies manage forward and reverse auctions. The auctions will be managed by Andersen Consulting's Dynamic Pricing Solutions unit and will go live in January. Trade-Ranger was launched by 14 of the world's largest energy companies, including Royal Dutch/Shell Group of Co.s, BP Amoco plc, Conoco Inc., Dow Chemical Co. and others.
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