Brazilian state-owned oil and gas company Petrobras has joined forces with Danish firm European Energy to investigate potential opportunities for developing an e-methanol plant in Brazil. This collaboration comes in the wake of Petrobras’ commitment to fostering the energy transition and integrating renewable energy solutions.
E-methanol is a sustainable alternative to traditional methanol, produced from renewable sources of green hydrogen such as solar and wind power, as well as biogenic carbon dioxide. It holds great potential for use in a wide range of industrial processes and as a fuel, particularly in maritime transportation.
Both Petrobras and European Energy have a shared vision of driving the adoption of more environmentally friendly practices. This memorandum of understanding (MoU) signifies their commitment to work together, leveraging their expertise and resources for mutual benefit.
Jean Paul Prates, the President of Petrobras, expressed enthusiasm about the partnership, highlighting the importance of collaboration with strong allies like European Energy. This alignment is crucial for advancing both companies’ goals and fostering a closer relationship between their respective nations.
This MoU aligns with Petrobras’ 2024-28 Strategic Plan, which aims to position the company as a key player in the energy transition. By actively seeking partnerships and exploring innovative solutions, Petrobras is taking proactive steps to ensure its contribution to a more sustainable future.
Petrobras has been actively engaging in collaborative initiatives over the past few months to drive its sustainability agenda forward. In addition to its partnership with European Energy, the company has formed alliances with renowned energy giants, including Vale, TotalEnergies, and Casa dos Ventos.
1. What is e-methanol?
E-methanol is a low-carbon substance produced from renewable sources of green hydrogen, such as solar and wind power, as well as biogenic carbon dioxide. It serves as an environmentally friendly alternative to traditional methanol.
2. How can e-methanol be used?
E-methanol has various applications, including industrial processes and as a fuel, particularly for maritime transport.
– Petrobras – [URL]
– European Energy – [URL]