 | Emerson aims to win
hydrocarbon projects EMERSON Process Management,
a division of global manufacturing
and technology firm
Emerson, is targeting a good
share of hydrocarbon projects
worth $120 billion, which Qatar
is likely to announce in seven
years, a top company official
has said.
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| | Gold hits four-month low as crisis hurts euro |  GOLD fell for a third day on
Wednesday, touching a four-month
low and all but wiping out its gains
for 2012 as the escalation in the
eurozone debt crisis prompted
investors to favour dollars and
German government bonds as safe
havens.
Political disarray in Greece, a
change in the French presidency and
renewed concerns about the
resilience of the Spanish banking sector
sent the euro to a 15-week low
against the dollar and propelled
German bond futures to record highs.
Spot gold was down 1.2 percent
on the day at $1,585.30 an ounce at
1145 GMT, having lost more than 3
percent so far this week in its largest
weekly slide since mid-March.
"It´s not as ... | | | PetroChina in talks to buy
Valero´s Aruba refinery |
 PETROCHINA is in talks to
buy Valero Energy´s shuttered
refinery in Aruba,
sources said, the latest move
by China´s oil giants to take
advantage of a global refining
downturn to beef up supply.
PetroChina, Asia´s largest
oil and gas producer, has
made a string of overseas
refinery acquisitions in the
past few years to strengthen
its global refinery foothold
and boost its trading and
marketing capabilities.
In a filing with the US
Securities and Exchange
Commission, Valero said it
had received a non-binding
indication of interest for the
235,000 barrel-per-day
Aruba plant for $350 million
plus working capital, but did
not identify the interested
party ... | | | Toyota´s quarterly profit
quadruples to $1.5bn |  TOYOTA´S quarterly profit
more than quadrupled to 121
billion yen ($1.5 billion), and
the automaker gave upbeat
forecasts as it recovers from a
sales plunge caused by the
tsunami in Japan last year.
Japan´s No 1 automaker
forecast on Wednesday that
profit for its business year ending
March 2013 would soar to
760 billion yen ($9.5 billion).
Net profit plunged 30 percent
to 283.6 billion yen ($3.5 billion)
for the just ended business
year.
The annual results were better
than the company projection
for a 200 billion yen ($2.5
billion) profit, as well as the
FactSet estimate at 279 billion
yen ($3.49 billion). That, along
with the jump in profit for the
January-March ... | |
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