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Shell and Cosan sign binding agreements for US$12-billion JV for sugarcane based fuels

Shell and Cosan have signed up a US$12-billion joint venture between to produce and commercialise ethanol and power from sugar cane and distribute a variety of industrial and transportation fuels through a combined distribution and retail network in Brazil. It will also explore business opportunities to produce and sell ethanol and sugar globally. It is [...]



Power failure at Qatalum causes sudden shutdown

The Qatalum aluminium plant in Qatar suffered a sudden shutdown of primary aluminium production, due to a power outage that occurred at 04:40 hrs on the 9th of August 2010. Power was out for almost five hours, leading to a significant drop in temperature in the reduction cells and making it impossible to resume metal [...]



India grants drilling moratorium of three years to all deepwater block Production Sharing Contracts

India today approved the grant of drilling moratorium of three years to all deepwater block Production Sharing Contracts (PSCs) signed under various rounds of exploration till the NELP- V rounds where drilling commitments are pending as on 1st January, 2009. It is hoped that it may lead to new discoveries of oil & gas. To [...]



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