Category: Bio Fuels

Petrobras signs agreement with ArcelorMittal for studies and evaluations of low-carbon businesses

Petróleo Brasileiro S.A. – Petrobras informs that it has signed a Memorandum of Understanding (MoU) with the aim of studying potential mutually beneficial business models in the low carbon economy with Arcelor Mittal Brasil. The companies will seek to identify commercial opportunities and potential partnerships in Brazil that are aligned with diversification and decarbonization strategies.... Continue Reading →

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Petrobras to analyze Mubadala Capital proposal for refining and biorefining partnership in Bahia

Petróleo Brasileiro S.A. – Petrobras informs that it has received a communication from Mubadala Capital proposing the formalization of recent discussions on the formation of a potential strategic partnership for the development of downstream in Brazil, in continuity with the memorandum of understanding released on September 4, 2023. The initiative has as its scope businesses... Continue Reading →

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Brazil to raise mandatory biodiesel mix, halt imports

(Reuters) - Brazil will increase the country's mandatory biodiesel mix into diesel from early next year, bringing forward previously set blending targets, the country's energy policy council CNPE decided on Tuesday, also halting biofuel imports until further notice. The measures bolster the prospects of the Brazilian oilseed crushing industry, which has grappled with idle capacity... Continue Reading →

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Petrobras 70 years

Founded on October 3, 1953, Petrobras developed alongside Brazil and became the largest company in the country, an icon for Brazilians. An international reference in the oil and gas sector, the company has achieved notable achievements and has become a company of global relevance. The boosting of the energy industry, the discovery of the pre-salt,... Continue Reading →

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