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U.S. refiners build new oil processing as travel rises - Vimarsana News

U.S. refiners build new oil processing as travel rises

U.S. oil refiners aim to run at up to 94% of a total 17.9 million barrels per day processing capacity this quarter, according to company forecasts and analysts, driven in part by expectations of seasonal travel demand.

Factbox: Vietnam's power development plan for cleaner fuels - Vimarsana News

Factbox: Vietnam's power development plan for cleaner fuels

Vietnam approved on Monday a long-awaited plan to boost renewables by the end of the decade, with total investment estimated at $134.7 billion, but coal is set to remain a crucial source of energy until 2030 before being gradually phased out.

India's DMart slumps nearly 5% on profit miss, margin drop - Vimarsana News

India's DMart slumps nearly 5% on profit miss, margin drop

Shares of Avenue Supermarts Ltd , which operates the DMart retail chain, fell 4.7% on Monday after the company's fourth-quarter profit missed estimates and core profit margin contracted as consumers curbed discretionary spending.

Brazil's Petrobras to discuss fuel pricing policy change this week - Vimarsana News

Brazil's Petrobras to discuss fuel pricing policy change this week

Brazilian state-run oil giant Petrobras is moving closer to making changes to its fuel pricing policy and executives are set meet this week to analyze a new model.

Proxy adviser ISS backs one of Icahn's nominees for Illumina board - Vimarsana News

Proxy adviser ISS backs one of Icahn's nominees for Illumina board

Proxy advisory firm Institutional Shareholder Services (ISS) on Friday backed only one of Carl Icahn's three nominees to Illumina Inc's board, saying that the activist investor's push to remove the company's CEO was too disruptive.