Petrobras CEO Seeking Partnerships for Renewable Energy Projects
09 March 2023 - 3:58AM
Dow Jones News
By Jeffrey T. Lewis
SAO PAULO--Petroleo Brasileiro SA Chief Executive Jean Paul
Prates met with other energy company bosses this week to discuss
possible partnerships in renewable energy and to improve the use of
oil and gas reserves, the Brazilian company said Wednesday.
Mr. Prates, who took over the job at the state-controlled oil
company in January, has so far met with the heads of BP Plc.,
Malaysia's Petroliam Nasional Bhd., also known as Petronas,
TotalEnergies SE and Equinor ASA during the CERAWeek energy
industry event in Houston, Petrobras said.
During a meeting with BP's CEO Bernard Looney, the two discussed
increasing cooperation between the companies, which already work
together in oil production off the Brazilian coast. Petrobras and
BP also considered BP's solar energy and offshore wind energy
efforts, the Brazilian company said.
Mr. Prates and TotalEnergies' Chairman and CEO Patrick Pouyanne
discussed the importance of research and development, while the
Brazilian CEO and Petronas's Tengku Muhammad Taufik talked about
refining and production of diesel R, a product with renewable
content produced by Petrobras.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
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(END) Dow Jones Newswires
March 08, 2023 11:43 ET (16:43 GMT)
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