Petrobras is expanding its regional footprint through strategic agreements with Mexico's Pemex in the oil, refining, and petrochemical sectors. The company recently produced and sold its first batch of CORSIA-certified sustainable aviation fuel (SAF) made from soybean oil. Additionally, Petrobras announced a $1.2 billion investment to build a new facility in Brazil dedicated to producing renewable diesel and sustainable aviation fuel.
The Brazilian energy giant plans to construct a facility for bioQAV and renewable diesel by 2030 as part of its low-carbon strategic expansion.
Read the full storyThe Brazilian energy giant has successfully produced and sold the first global batch of soybean-based SAF, marking a milestone in low-carbon aviation fuel.
The Brazilian oil giant plans to sign cooperation agreements in offshore exploration, refining, and petrochemicals with its Mexican counterpart to drive mutual growth.