New Zealand infrastructure investor Infratil is in talks with Royal Dutch Shell over acquiring the oil company's local downstream and refining businesses, in a deal expected to be worth about NZ$1 billion ($710 million).
Tuesday, 14 Jul 2009 | Source: The Associated Press
Exxon Mobil spacer said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with biotech company Synthetic Genomics to develop transportation fuels from algae.