Petrobras signs an agreement with European Energy to assess  business opportunities for e-methanol

In Brazil, Petrobras signed a Memorandum of Understanding (MoU) with Danish company European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil.

Petrobras said that e-methanol is a low-carbon substance that can be used in various industrial processes and as a fuel, especially for maritime transport. It is produced from various renewable sources of green hydrogen, such as solar and wind power, and biogenic carbon dioxide.

“Petrobras wants to focus on having good partners like European Energy. This partnership will benefit both sides. We can provide our knowledge and help to bring both the companies and our countries closer together,” said Jean Paul Prates, the president of Petrobras.

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