Petrobras Partners with CSN for Low-Carbon Hydrogen Plant

Petroleo Brasileiro SA- Petrobras ( (PBR) ) just unveiled an announcement.

Petrobras has signed a Protocol of Intent with Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções to establish a low-carbon hydrogen plant in Paraná. This partnership supports the decarbonization efforts of both companies, aligning with Petrobras’ strategic objectives to reduce emissions and expand sustainable product supply, enhancing its position in the fair energy transition.

More about Petroleo Brasileiro SA- Petrobras

Petroleo Brasileiro S.A. – Petrobras is a Brazilian petroleum corporation engaged in the oil and gas industry, focusing on exploration, production, refining, and transportation of petroleum and its by-products. The company aims to lead the energy transition towards more sustainable products and operations.

YTD Price Performance: -6.35%

Average Trading Volume: 14,913,070

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $80.2B

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