Petrobras Signs $1bn Loan to Finance Cogeneration, Flaring Gas Reduction

Petrobras Signs $1bn Loan to Finance Cogeneration, Flaring Gas Reduction

Brazil’s state-owned oil company Petrobras has signed a loan of up to $1 billion to finance a cogeneration facility and other GHG-reducing efforts. The Japan Bank for International Cooperation (JBIC) will pay $600 million, according to JBIC, while the Bank of Tokyo-Mitsubishi UFJ, which is … Read more…

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