Summary by Moomoo AI
Petroleo Brasileiro SA Petrobras (Petrobras) has announced the signing of a Memorandum of Understanding (MoU) with Mitsui & Co. (Brasil) S.A. to explore low-carbon business opportunities in Brazil. The non-binding agreement, signed on March 19, 2024, during the CERAWeek energy conference in Houston, focuses on the production of sustainable hydrogen and its derivatives, biomethane utilization, and carbon capture, transportation, and storage (CCS). This collaboration aligns with Petrobras' 2024-28+ Strategic Plan, which emphasizes low-carbon segments and the company's commitment to a sustainable future and a just energy transition.