Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding with Mitsui & Co. (Brasil) S.A. for a non-binding assessment of low-carbon business opportunities in Brazil. The agreement was signed during CERAWeek, a global energy conference being held in Houston, USA.
The partnership involves evaluating potential opportunities for the production of sustainable hydrogen and its derivatives, the use of biomethane, and CO2 capture, transportation and storage (CCS). Mitsui & Co. is a global trading and investment company with a presence in more than 60 countries and a diversified business portfolio covering a wide range of sectors.
The Memorandum of Understanding is aligned with the low-carbon segments prioritized in the 2024-28+ Strategic Plan, which aim to prepare Petrobras for a more sustainable future, contributing to a just energy transition.
Brazil Energy Insight 
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