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  • “Oil as the New Gold”: CERA Comments on the New Fundamentals of Oil and Record High Prices

    CAMBRIDGE, Mass.--(BUSINESS WIRE)--CAMBRIDGE, Mass.--(BUSINESS WIRE)--The new fundamentals global financial dynamics and new cost structures are driving the momentum that pushed oil prices to a record high of $111.80 per barrel on March 17, before settling lower, still putting it well ahead of what had been the previous inflation-adjusted record high of $103.59 set in April 1980, according to Cambridge Energy Research Associates (CERA), an IHS

    Energy
  • IHS Acquires JFA International, an Energy Industry Services Firm

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), a leading global source of critical information and insight, today announced the acquisition of JFA International, which provides strategic analysis to the energy industry’s exploration and production (E&P) sectors. JFA International is based in London.

    IHS acquired JFA International for approximately £2 million (British pounds), or approximately $4 million USD, in an all-cash transaction

    Corporate
  • Brian Hall Named to IHS Board of Directors

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today announced that the IHS board of directors has agreed to add an additional board member and that Brian H. Hall has been elected as a director to fill the vacancy. Mr. Hall will serve as a Class III director until the IHS Annual Meeting of Stockholders on April 23, 2008 where he will be nominated as a director for election to serve

    Corporate
  • John S. Herold, Inc. and Harrison Lovegrove & Co. Study Shows 2007 Global Upstream M&A Deal Count, Asset Transaction Value Reach Record Highs

    NORWALK, Conn.--(BUSINESS WIRE)--Global M&A upstream deal count and asset deal value both reached record highs in 2007, although total transaction value slipped to just under $154 billion from $166 billion in 2006, according to the 2008 Global Upstream M&A Review prepared by John S. Herold, Inc., an IHS company (NYSE: IHS), and Harrison Lovegrove & Co., Ltd., a Standard Chartered group company. This review provides a comprehensive analysis

    Energy
  • Yergin: Renewables Moving Toward Competitive Role in Energy Markets

    CAMBRIDGE, Mass.--(BUSINESS WIRE)--Renewable energy is crossing the divide towards a competitive role in energy markets, Daniel Yergin, chairman of Cambridge Energy Research Associates (CERA) and executive vice president of IHS Inc., said today in Washington, D.C. But there is still more terrain to cover among the different renewable energy sources in terms of economics, technology and scale.

    Energy
  • IHS Acquiring Two Environmental Information Companies

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), a leading global source of critical information and insight, today announced it is acquiring two leading environmental information companies, Dolphin Software, Inc., and Environmental Software Providers (ESP), for a combined purchase price of $43.5 million. The acquisitions are aligned with the IHS strategy of being the source for insight and information in the areas of energy, product lifecycle,

    Corporate
  • IHS Acquiring Joint Venture Interest in Lloyd’s Register-Fairplay

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), a leading global source of critical information and insight, today announced the acquisition of Prime Publications Limited, which owns 50 percent of Lloyd’s Register-Fairplay Limited. The acquisition makes IHS a 50-50 joint venture partner in Lloyd’s Register-Fairplay, a leading source of global maritime information. Lloyd’s Register, a separate entity, continues to own the remaining 50 percent

    Corporate
  • IHS to Host First Quarter Earnings Conference Call on March 19, 2008

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), a leading global source of critical information and insight, will hold its regularly scheduled conference call to release financial results for the first quarter of fiscal year 2008 on Wednesday, March 19, 2008.

    Corporate
  • Yergin: Climate Change and Energy are Converging into New Era of Clean Energy

    CAMBRIDGE, Mass.--(BUSINESS WIRE)--High energy prices, climate change and energy security are converging as the new engine driving the development of clean energy, Daniel Yergin, chairman of Cambridge Energy Research Associates (CERA) and executive vice president, IHS Inc., said today in Washington, D.C. There is a major shift in public opinion towards clean energy, which is being bolstered by the growing conviction that new carbon policies will

    Energy
  • Dr. Alan Greenspan Speaks at CERAWeek 2008 on Recession, Credit Markets, Oil Prices, Nuclear Power, Cap & Trade

    HOUSTON--(BUSINESS WIRE)--From the risk of recession to market bubbles, and from oil prices to nuclear power, former Federal Reserve Chairman Alan Greenspan shared his economic outlook in a wide-ranging conversation last night with Cambridge Energy Research Associates (CERA) Chairman Daniel Yergin and an audience of 900 who filled the Westin Galleria ballroom at CERAWeek 2008.

    Energy