Petrobras CEO Says Too Early to Make Carbon Commitment

Friday, December 6, 2019

The chief executive of Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday it was too early to commit to a climate target and that energy companies had a range of thoughts on the matter.

Asked if the firm would match a pledge similar to Spanish energy group Repsol's this week to reduce its net carbon emissions to zero by 2050, Roberto Castello Branco told reporters: "It's too early ... each company has its own views".


(Reporting By Noah Browning; Editing by Jon Boyle)

Categories: Environmental Energy South America

Related Stories

Brazil’s Tax Revenue Hits Record High on Oil Windfall

QatarEnergy Enters Uruguay with Shell Deal for Three Offshore Blocks

Eco Atlantic Advances Falklands Offshore Expansion with JHI Deal

Current News

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

Unity Wins North Sea Decom Contracts, Expands Overseas

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Subscribe for OE Digital E‑News