Lisbon, Portugal, 15 Dec – Brazilian oil company Petrobras is intensifying its studies for construction of units to produce biodiesel from palm oil, the company’s director for ethanol from the biodiesel area said.

Cited by Portuguese news agency Lusa, Ricardo Castello Branco said that, “the factory will be installed in one of the refineries of Galp Energia, in Portugal, and the details of the project are being studied, but it will be built in line with the time of delivery of the oil that we are now starting to plant.” Leer más »

SAO PAULO(MarketWatch) — Brazilian state run energy company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that it acquired a 50% stake in the local biodiesel company Bioleo Industrial e Comercial, for 15.5 million Brazilian reals ($8.8 million). Leer más »