Petrobras to invest US$2.5 billion in increasing biodiesel and ethanol production through 2015
12 August 2011
Brazil’s Petrobras, through its wholly-owned subsidiary Petrobras Biocombustível, will invest US$2.5 billion in increasing biodiesel and ethanol production between 2011 and 2015. This amount is part of $4.1 billion earmarked for the biofuels business, which also foresees $1.3 billion for ethanol logistics and $300 million for research in this segment.... Read more →