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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 [...]



$75 Billion of Oil and Gas Deals Announced Fourth Quarter 2009

PLS, Inc. (“PLS”) and international partner Derrick Petroleum Services (“Derrick”) report that Global M&A activity for the 4th Quarter 2009 totaled nearly $75 billion in 172 separate deals, up from $21 billion in 112 deals in 3rd Quarter 2009. According to Brian Lidsky, Managing Director, Research, at PLS, “ExxonMobil’s blockbuster $41 billion all-stock bid to [...]



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