Latest news with #WilliamFranca
Reuters
11 hours ago
- Business
- Reuters
Petrobras sees new Brazil biofuel mandates as positive, executive says
RIO DE JANEIRO, June 25 (Reuters) - Brazil's move to increase the level of biofuels mixed into fossil fuels in the country is positive and could reduce gasoline imports, state-run oil giant Petrobras' ( opens new tab industrial processes head William Franca said on Wednesday. "The new mandates are aligned with Petrobras' biofuel and ethanol initiatives ... and represent excellent news for the Brazilian consumer," Franca told Reuters in an interview. Brazil's national energy policy council earlier in the day approved raising the proportion of ethanol mixed in gasoline to 30% from 27% and the amount of biodiesel in diesel to 15% from 14% from August 1.
Reuters
18-02-2025
- Business
- Reuters
Brazil's Petrobras to raise diesel output by 120,000 bpd this year, says director
RIO DE JANEIRO, Feb 18 (Reuters) - Brazilian state-run oil firm Petrobras ( opens new tab expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, the firm's industrial processes head said. The expansion of S-10 production, a type of low-sulfur diesel, would take place in Petrobras' Abreu e Lima, Replan and Revap refineries through the year, director William Franca told Reuters in an interview on Monday.
