Petrobras, Brazil’s state-controlled oil company, is moving forward with a plan to partner in building the country’s first plant to produce diesel from vegetable oil. The initiative is a major step in the company’s strategy to diversify its energy production and increase its focus on renewable fuels.
The new plant is expected to use a variety of vegetable oils as feedstock to produce advanced, sustainable biofuel. This project aligns with Brazil’s broader goals of reducing its carbon footprint and investing in a more circular economy. By producing its own renewable diesel, Petrobras aims to meet growing domestic demand for cleaner fuels and reduce reliance on traditional fossil fuels. The company is actively seeking private partners to bring the project to fruition.
Sources:
U.S. Energy Information Administration (EIA): Biodiesel Explained
International Renewable Energy Agency (IRENA): Biofuels
