Broker Center sponsored links

Petrobras to shut production platform, evacuate on Sat.

Fri Aug 29, 2008 3:45pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

NEW YORK, Aug 29 (Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA: Quote, Profile, Research, Stock Buzz) (PBR.N: Quote, Profile, Research, Stock Buzz) plans to shut its production platform in the Cottonwood field and evacuate remaining personnel from the platform on Saturday morning ahead of Hurricane Gustav, a spokesman said Friday.

(Reporting by Rebekah Kebede; Editing by David Gregorio)

 
A customer looks at televisions for sale at a store which buys and sells second-hand items in Madrid October 9, 2008. REUTERS/Andrea Comas
Bracing for a brutal year

The media industry, fresh off a bruising 2008, is preparing for an even more brutal 2009 as the slump in advertising, fall in consumer spending and financial crisis show no signs of easing.  Full Coverage 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended
Photo
Ecommerce woes

Recent data suggest the online retail industry is bracing for flat or even contracting holiday sales.   Full Article 

The global destination for corporate leaders, deal-makers and innovators