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Petrobras expects permit for new Brazil refinery by mid-November

2014-11-05 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Brazil's state-run oil company Petroleo Brasileiro SA expects to receive a permit to start operations at its RNEST or "Abreu e Lima" refinery in the country's northeast by mid-November, the firm said in a response to questions from Reuters. Once that permit is issued, Petrobras, as the company is known, will be able to start commercial operations at the refinery, the statement said. The refinery is designed to process 230,000 barrels of crude oil a day but is not expected to reach that level until...

Tags: brazil permit expects refinery

No festive cheer for car makers, industry expects to end up in red

2014-11-01 22:38:51| Auto Dealers - Topix.net

Car sales in the festive month of October have been a dampener, with the overall industry surprisingly expected to end up in the red after five straight months of growth since May this year. Market leader Maruti Suzuki posted just a 1% growth to 97,069 units, though it said retail sales have been relatively better at 10%.

Tags: up end red car

UPS says it's ready for the holidays, expects new shipping records this year

2014-10-29 21:32:30| Air Courier - Topix.net

United Parcel Service Inc. says it's ready to handle this year's anticipated volume of more than 585 million packages in December. Atlanta-based United Parcel Service Inc. says it's ready to handle this year's anticipated volume of more than 585 million packages in December.

Tags: this year shipping records