Brazil's Cosan Eying Refining Partnership with Petrobras

By Marcelo Teixeira
Tuesday, October 30, 2018

Brazil's Cosan SA Indústria e Comércio, a leading ethanol producer and fuel distributor, is interested in refining partnerships with oil company Petroleo Brasileiro SA, its chairman Rubens Ometto said on Tuesday.

The company is "looking at" potential partnerships, but it will depend on the model that Petrobras, as the company is known, sets for selling stakes in its Brazilian refineries. Cosan has a partnership with Royal Dutch Shell Plc in the 50-50 joint venture Raízen, the world's largest sugar producer and Brazil's second largest fuel distributor.

(Reporting by Marcelo Teixeira)

Categories: Shale Oil & Gas

Related Stories

Mermaid Maritime Expands Into US Offshore Market

Fugro Secures India Deepwater Drilling ROV Contract

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Inpex Starts Construction of Indonesia's Abadi LNG Project

Oil Rises 2% as Middle East Hostilities Escalate

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com