A Joint Venture in Colombia That May Never Make Any Money Late last year BHP Billiton—along with Glencore and Anglo American Plc, its two joint venture partners in the Cerrejón coal mine in Colombia—completed a $1.3 billion expansion project to supply an additional eight million tons of thermal coal a year to global markets. It… Keep reading →
This week’s biggest deal happened in Washington, DC, where the House and Senate finally reached an agreement to reopen the US government and raise the debt ceiling. But there were also several energy-specific transactions and pending transactions that merited notice: Mexico’s state-controlled oil and gas company Pemex has voided a tender for the second phase… Keep reading →
