Search Results for 'petrobras'

Guarani only willing to pay Petrobras half the value of its 42.9% equity stake

Guarani only willing to pay Petrobras half the value of its 42.9% equity stake

June 23, 2015 |

In Brazil, Petrobras hasn’t managed to secure a buyer willing to pay the asking price for its 42.9% stake in Guarani’s sugar and ethanol mills. Tereos, who owns the majority of Guarani, has offered $200 million but Petrobras says it’s not enough. The asset is on the company’s books as being worth $407 million, plus […]

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Petrobras looking to sell off many of its ethanol assets to raise cash

Petrobras looking to sell off many of its ethanol assets to raise cash

June 18, 2015 |

In Brazil, Petrobras is seriously looking to offload some of its ethanol production assets in a shock move that would leverage cash to service some of its overwhelming debt and offshore drilling activities. Potential investors have apparently already been shown some of the assets that could be on offer. The company would not be looking […]

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Petrobras sees high biofuel blends keeping Q2 fossil fuel imports flat

Petrobras sees high biofuel blends keeping Q2 fossil fuel imports flat

May 18, 2015 |

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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Petrobras Biofuels to produce biodiesel from fish waste

Petrobras Biofuels to produce biodiesel from fish waste

January 22, 2015 |

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.

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Petrobras opens first-ever biodiesel plant in Rio Grande do Norte

Petrobras opens first-ever biodiesel plant in Rio Grande do Norte

December 31, 2014 |

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 […]

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UNICA says small boost to Petrobras gas prices won’t support ethanol sales

UNICA says small boost to Petrobras gas prices won’t support ethanol sales

November 10, 2014 |

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 […]

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Petrobras teams with Embrapa to develop temperate cane for ethanol in south

Petrobras teams with Embrapa to develop temperate cane for ethanol in south

July 16, 2014 |

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.  

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Petrobras: Biofuels Digest’s 2014 5-Minute Guide

Petrobras: Biofuels Digest’s 2014 5-Minute Guide

April 13, 2014 |

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 […]

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Petrobras to invest $2.33M in EMBRAPA research for Rio Grande do Sul

Petrobras to invest $2.33M in EMBRAPA research for Rio Grande do Sul

December 2, 2013 |

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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Hottets Companies: Petrobras

Hottets Companies: Petrobras

August 25, 2013 |

Voting for Petrobras in the Hot 50 or Hot 30 Rankings You can vote on the web for this company in the 50 Hottest Companies in Bioenergy or the 30 Hottest Companies in Biobased Chemicals and Materials — by clicking on the icons above to “Like” or “Tweet” this page. Any web votes you record […]

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