(Reuters, 6.Oct.2021) — Brazilian energy company Cosan SA (CSAN3.SA) has joined the U.S.-based Fifth Wall Climate Tech Fund as an investor and partner in a deal that also gives it preferential access to investments in startups developing lower carbon solutions. Cosan is one of Brazil’s largest corporations, controlling the country’s number 1 […]
Tag: Cosan
RaĂzen IPO To Accelerate Growth
(Shell, 5.Aug.2021) — Shell Brazil Holding B.V., a subsidiary of Royal Dutch Shell plc marks the start of trading in shares of RaĂzen S.A., the renewable energy joint venture between Shell and Brazilian energy company Cosan, on the SĂŁo Paulo Stock Exchange (B3), following the successful execution of an initial […]
Cosan Claims Reorganization May Entail Capitalization
(Reuters, 7.Jul.2020) — Brazilian energy company Cosan SA said its planned reorganization may involve the capitalization of all operating units controlled and co-controlled by the group. In a securities filing on Tuesday, Cosan said the viability of the potential capitalizations of each of the units will be weighed separately and […]
Raizen Halts Crude Runs At Buenos Aires Refinery
(Argus, 19.Apr.2020) — Raizen has suspended operations at its 110,000 b/d Buenos Aires refinery in response to the plunge in oil demand caused by coronavirus restrictions. Raizen, a joint venture between Shell and Brazilian energy and logistics conglomerate Cosan, halted crude processing on 17 April after running out of storage. […]
COSAN Seeks Permits For Alternative Route 4
(S&P Global Platts, 6.Jan.2020) — Brazil sugar and ethanol group Cosan applied for environmental permits to build a second tranche of the Route 4 offshore natural gas export pipeline in a move that would add much-needed transportation capacity and boost oil and gas output from subsalt fields, according to documents […]
Petrobras Refinery Sale Draws PetroChina
(Reuters, Tatiana Bautzer and Rodrigo Viga Gaier, 26.Aug.2019) — Brazil’s planned privatization of eight Petroleo Brasileiro SA refineries has lured several of the world’s largest trading and oil companies as prospective bidders, two sources with knowledge of the matter said. Around 20 companies have signed non-disclosure agreements granting them access […]
Brazil Gas Plan Seen Luring Naturgy, Engie, Others
(Reuters, 15.Jul.2019) — Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, luring international and domestic bidders, experts on the sector say. Brazil’s Cosan SA and Spain’s Naturgy Energy Group SA, are among the companies potentially interested […]
Petrobras Pricing Pressure Spooks Potential Refinery Buyers
(Reuters, Tatiana Bautzer & Carolina Mandl, 24.May.2018) – A surprise decision by Brazil’s state-controlled oil company Petroleo Brasileiro SA to cut diesel prices in response to truckers’ protests is worrying some potential buyers of Petrobras’ refineries, three people with knowledge of the matter said on Thursday. Petrobras’ planned sale of […]