© Reuters. AGREEMENT PETROBRAS/TOTAL IN RENEWABLE ENERGY IN BRAZIL
RIO DE JANEIRO/PARIS (Reuters) – The company is brazil’s national Petroleo Brasileiro announced on Tuesday the signing of a memorandum of agreement with the French company Total (PA:TOTF) to examine development opportunities in the solar and wind energies in Brazil.
Nelson Silva, director of strategy for the oil group brazilian, said that this non-binding agreement could lead to the creation of a joint venture in renewable energy and that the two companies could respond jointly to calls for tender.
(Luciano Costa, Alexandra Alpe, French version Jean-Michel Belot, edited by Juliette Rouillon)