Petrobras Inks MoU With Arcelor Mittal For Low Carbon Studies

Feb. 26, 2024, 10:11 PM UTC

Petrobras signed a memorandum of understanding (MoU) to study potential mutually beneficial business models in the low-carbon economy with Arcelor Mittal Brasil, according to a filing.

  • Companies want to identify commercial opportunities and potential partnerships in Brazil that are aligned with diversification and decarbonization strategies
  • Partnership involves the evaluation of potential business models for low-carbon fuels, hydrogen and its products, production of renewable energy and capture, transport and storage of CO2, according to the note

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Original Story:Petrobras assin acordo em baixo carbono com Arcelor Mittal

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