Petrobras signs memorandum with European Energy for potential…

by time news

2023-11-16 23:37:05

SÃO PAULO (Reuters) – Petrobras signed a memorandum of understanding with the Danish company European Energy to evaluate business opportunities involving the development of an e-methanol plant project in Brazil, the oil company said on Thursday in a statement.

E-methanol, used in industrial processes or as fuel, especially in maritime transport, is produced by combining green hydrogen and carbon dioxide of biogenic origin, according to Petrobras.

The non-binding agreement was signed at the Danish company’s headquarters, according to the company.

(By André Romani)

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