Galp Bioenergy to take Petrobras' 50% in biofuel JV
Brazilian Galp Bioenergy BV is acquiring the shares it does not already own in Belem Bioenergia Brasil (BBB), the vegetable oil and biofuel business of state-run oil and gas giant Petrobras.The transaction is valued at BRL24.7 million ($6.3 million) for 50% of BBB's capital...