Brazilian state-run oil company Petrobras said on June 6 it has begun talks with chemical maker Unigel to explore joint businesses in fertilizers, green hydrogen and low carbon projects.
Petroleo Brasileiro SA, as the company is formally known, said in a securities filing it had signed a two-year non disclosure agreement with Unigel, and technical analysis would now be conducted on the potential projects.
Recommended Reading
Mexico’s Fast LNG Ships Out First Cargo—for Mexico
2024-08-16 - New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination.
TC Energy Completes NatGas Transmission System Sale
2024-08-16 - TC Energy Corp. and its partner Northern New England Investment Co. have completed the sale of the Portland Natural Gas Transmission System for US$1.14 billion.
Analysts: ‘Rare’ Summer NatGas Drawdown May Occur
2024-08-15 - A natural gas storage withdrawal for the Lower 48 may be in the cards this summer, the first to occur since 2016.
Fitch Downgrades New Fortress’ Default Rating, Citing Refinancing Risk
2024-08-14 - New Fortress Energy’s issuer default rating and senior secured debt were downgraded by Fitch, which cited a “highly constrained liquidity position,” as a reason behind its rating actions.
Hirs: Peak Oil Demand—Where Upstream Diverges from Downstream
2024-08-13 - The impact of peak oil demand is the same regardless of the sliding timelines published by the experts.