In Brazil, on January 16, Petrobras secured ISCC EU RED certification to sell bunker fuel with 24% biodiesel at the Rio Grande Terminal in southern Brazil, making it the first company in the country to receive such certification for renewable marine fuel. The certification ensures traceability and emissions reductions in VLS B24, a fuel blend […]
In Brazil, Monitor Mercantil reported that Brazilian oil company Petrobras is holding talks with sugarcane and corn producers to create a joint venture to operate in the ethanol market. According to the executive director of Energy Transition and Sustainability, Mauricio Tolmasquim, Petrobras understands that gasoline is showing a tendency to lose share among light fleet […]
In Brazil, Reuters reported that Brazilian state-run oil company Petrobras is in talks with Raizen, BP and Inpasa for a possible joint venture in ethanol. Petrobras is in talks with four or five firms in the ethanol business, Chief Executive Magda Chambriard told analysts on Friday during a call to present the company’s $111-billion strategic […]
