-Two important palladium catalyzed reactions, namely oxidation of olefins to methyl ketones with PdCl2/CuCl/02 system, and telomerization of butadiene with nucleophiles catalyzed by Pd(OAc)2/PPh3 are used in key steps of natural products synthesis. Syntheses of Matsutake alcohol, lipoic acid, diplodialide, lasiodiplodin, zearalenone, 12-acetoxy-1,3-dodecadiene, cis-civetone, recifeiolide, royal jelly acid, 2,15-hexadecanedione are described.