Brazil's Cosan Eying Refining Partnership with Petrobras
Brazil's Cosan SA Indústria e Comércio, a leading ethanol producer and fuel distributor, is interested in refining partnerships with oil company Petroleo Brasileiro SA, its chairman Rubens Ometto said on Tuesday.The company is "looking at" potential partnerships…
Shell, Petrobras Units Probed for Brazil Price-Fixing
Brazil's three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America's largest…
Petrobras Fuel Distribution Unit Taps Grisolia as CFO
The board of Petróleo Brasileiro SA's fuel distribution unit tapped Rafael Salvador Grisolia as new Chief Executive Officer, according to a Monday securities filing, as it prepares for an initial public offering. According to the filing…
Cosan Says Evaluating Petrobras Assets for Sale
Brazilian energy and logistics group Cosan SA Indústria e Comércio is evaluating opportunities that might arise from state-run oil company Petrobras's divestment program, said Cosan chairman Rubens Ometto on Thursday. Ometto…
Brazil Raizen to Build More Cellulose Ethanol Plants
Brazil's Raizen said it plans to start building additional cellulose ethanol plants after production costs for the second generation biofuel become competitive with conventional ethanol costs, Chief Executive Vasco Dias said on Wednesday.
Brazil's Cosan 2014/15 Sugar Output Down
The sugar and ethanol division of Brazilian conglomerate Cosan SA said late Wednesday its sugar output in the 2014/15 season fell more than 9 percent from the previous season after drought crimped cane development. Raizen…
Brazil's Cosan Ends Judicial Battle With ALL
Brazilian sugar and ethanol company Cosan SA Industria e Comercio in a securities filing Tuesday said it has resolved a pending judicial battle with America Latina Logística SA, a Brazilian railway operator. Cosan, whose…
