The Brazilian company carried out the first tests in the production of the fuel, which could help the airline industry reduce CO2 emissions.
Browsing: petrobras
This year, the company announced it reached 104 liquefied natural gas cargo transshipments at its regasification terminals, reflecting an increase in LNG imports.
With Petrobras unprepared to attend the demand for gasoline and diesel in November, the Brazilian market could seek products overseas to avoid shortages.
Able to move around on its own, Annelida is a semi-autonomous robot that will help the industry save billions by cleaning oil ducts. The solution was inspired by peristaltic movements used by different animals, including the annelids.
The Brazilian Administrative Council for Economic Defense approved the sale of Petrobras’ Landulpho Alves Refinery to the UAE investment fund Mubadala Capital.
Montezano talked in a webinar hosted by the ABCC in partnership with Brazilian development bank BNDES. The event brought together Arab businesspeople and officials.
Despite low oil prices, Brazil’s state-run company managed to recover from nine months of deficit.
Company PPSA, with ties to the Brazilian government, opened a public consultation on the tender to hire a foreign agent to sell the oil from pre-salt.
The Brazilian company saw smaller losses in Q3 2020, despite the time of uncertainty that affects the oil industry. The company’s CEO described the performance as excellent.
Brazilian state-owned company announced a 3% reduction in diesel and gas prices, but the change might take a while to reach the consumer.
The process includes four units with ‘binding’ status, where investors can look into the risks involved in the deals and make their bids.
The Brazilian state-run company is the second biggest fuel distributor in Uruguay, and the biggest in liquid fertilizer.
The 6th Round of the Pre-Salt Production Sharing will run on November 7 with 17 companies able to compete, the highest number in this regimen’s auctions.
Volume reached 3.828 million barrels of oil equivalent per day in August, almost 3 million being in oil only.
