In Brazil, Petrobras and Bunge signed a contract to acquisition of refined soybean oil for the production of R5 Diesel at the Getúlio Vargas Refinery (Repar), in Paraná. The raw material began to be supplied at the end of July and production will take place in September 2022. Around 1.5 million liters will be destined […]
You may know Chris Cooper as VP Americas of Neste Renewable Aviation, but he is now the President of Neste US. Canada-based RNG and biogas company Greenlane Renewables has a new CFO. Petrobras in Brazil has a new CEO. The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) named Jennifer Logan as chief financial […]
In Brazil, Petronoticias reports that Petrobras and Vallourec signed an agreement to evaluate opportunities for technological cooperation involving the production and use of bio-oil made from the condensation of gases produced during the transformation of Eucalyptus wood into charcoal. Petrobras said that the testing phase of this initiative is being carried out at Petrobras’ Research […]
In Brazil, Petrobras and Raízen signed an agreement to jointly evaluate potential businesses involving the production, purchase and sale of biomethane, a 100% renewable fuel produced by Raízen from sugarcane waste (vinasse and filter cake), generated in the agro-industrial operations of the company’s Energy Bioparks. The partnership also foresees studies for the development of logistics […]
In Brazil, Reuters reports that despite the president’s pressure on Petrobras to keep diesel prices low as the presidential election season kicks off, even having sacked the last CEO for raising fuel prices in light of the Russian invasion of Ukraine, the new Petrobras CEO has raised diesel prices by nearly 9%. Gasoline prices we […]
Sifferath Promoted To USGC Vice President Also moving around in the U.S. Grains Council is Cary Sifferath who has been promoted from senior director of global programs to vice president at the U.S. Grains Council. Sifferath was initially hired as manager of international operations for Asia in 1993. His trajectory with the Council then took […]
In Brazil, in January Petrobras and Vibra will begin testing the new Diesel R5 (with 5% renewable content) produced at the Getúlio Vargas Refinery (Repar). Three bus lines operated by Auto Viação Redentor, in Curitiba, Paraná, will run on the new fuel for the next six months. During the period, around 120,000 liters of fuel […]
In Brazil, Reuters reports that while Petrobras waits for regulatory approval for its new renewable diesel co-processed with soybean oils, it will begin six months of testing the fuel with customers in January. The tests will be with an unnamed bus fleet owner backed by a fuel distributor. The fuel is produced at its Repar […]
In Brazil, the request to replace Petroleo Brasileiro S.A.’s CEO made by the Brazil’s Ministry of Mines and Energy is viewed by Fitch Ratings as raising uncertainties for the ethanol sector whose price dynamics are strongly correlated with Petrobras’ pricing policy. The government influence on Petrobras’ business strategy could be a cash flow negative for […]
In Brazil, Platts reports hydrous ethanol hit a record high of more than $500 per cubic meter on February driven by a number of factors including another, this time unexpected, Petrobras gasoline price hike. Carnival holidays, despite the lack of Carnival activities, and students returning to classes were expected to be the main drivers of […]
