In Brazil, Petrobras expects greater ethanol and biodiesel use to keep Q2 fuel imports flat against the previous quarter at 150,000 b/d of gasoline and about 50,000 b/d of diesel. More biofuel use thanks to recent increases in ethanol and biodiesel mandates should continue to keep control over imports but demand for ethanol remains unclear.
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In Brazil, Petrobras Biofuels will begin producing biodiesel from fish oil, buying 15 metric tons per month of fish waste from around 300 fishing families. Production will take place at the company’s facility in Quixadá, near Ceará. By the end of the year the company expects to purchase fish waste from 600 families.
In Brazil, Rio Grande do Norte’s first biodiesel plant has opened in Guamaré. Petrobras has invested more the BRL5 million in the facility that will use a wide range of feedstocks from virgin oils produced by small farmers under the social seal program to used cooking oil brought in from collection points that will be […]
In Brazil, UNICA says that Petrobras boosting gasoline prices by 3% won’t have a significant impact on demand for ethanol as pump prices will only go up by about 1.5%. UNICA’s secretary general says that the modest move in prices shows that the government continues to care more about Petrobras than for the ethanol industry […]
In Brazil, Petrobras is teaming with Embrapa to develop sugarcane varieties that will be successful in temperate climates, especially in Rio Grande do Sul state with the aim of producing ethanol there. Currently that state imports 100% of its ethanol consumption from other states.
Petrobras is a state-owned (partly) owner/operator of fossil and renewable energy production and distribution, including both sugarcane ethanol and biodiesel operations. Announced that it was not seeking to acquire distressed ethanol companies but would establish partnerships where appropriate to support development of the national ethanol industry. According to Petrobras management, the state oil giant would […]
In Brazil, Petrobras has signed a $2.33 million research deal with EMBRAPA to develop better cane varieties for Rio Grande do Sul state and develop efficient production systems to allow the region to participate in ethanol production. The agreement includes technical support from ANP’s research arm Cenpes and will be funded by Petrobras.
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In Brazil, Bloomberg New Energy Finance says rising ethanol production will mean 20% fewer petroleum imports for Petrobras this year, who will benefit significantly. UNICA says that the huge fall in sugar prices won’t be offset by the increase in ethanol demand, however.
In Brazil, Petrobras expects to produce 29% more ethanol during the 2013/14 sugarcane crush that’s set to start in April, with 280 million gallons. The production boost is thanks to more area planted to cane and better weather which should also help increase yields.