Petroleo Brasileiro (PBR), known as Petrobras, said Friday it has agreed to sell diesel with renewable content to Vale (VALE) to support emissions reduction and decarbonization, the companies said Friday.
Petrobras has already started supplying a diesel variant with renewable content Diesel R5 to Vale in mid-October for industrial-scale testing on the Vitoria-Minas Railroad and at the Fabrica Nova mine in Minas Gerais, Brazil, they added.
Price: 14.16, Change: -0.15, Percent Change: -1.01
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.