Petrobras CEO Says Too Early to Make Carbon Commitment

December 6, 2019

(Photo: Geraldo Falcon, Petrobras)
(Photo: Geraldo Falcon, Petrobras)

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)



Current News

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Malaysia's KNM to Deliver Equipment for SBM Offshore FPSO

Rosneft Returns to 2Q Profit. Oil output Drops 13%

Rosneft Returns to 2Q Profit. Oil output Drops 13%

Greek, Turkish Warships in 'Mini-Collision' Amid Mediterranean Exploration Dispute

Greek, Turkish Warships in 'Mini-Collision' Amid Mediterranean Exploration Dispute

'Strong Interest' in Aker Solutions' Offshore Wind, Carbon Capture Spin-offs' Private Placements

'Strong Interest' in Aker Solutions' Offshore Wind, Carbon Capture Spin-offs' Private Placements

Subscribe for OE Digital E‑News

Offshore Engineer Magazine