Pemex and Petrobras MoU Covers Alternative Fuels, Carbon Capture, and Emissions Cuts | ship.energy

Pemex and Petrobras signed a memorandum of understanding to cooperate on alternative fuels, carbon capture, and cutting emissions. The two state oil companies plan to share technology and research in these areas, with a focus on reducing the carbon footprint of their operations. The MoU signals a growing collaboration between Latin America's largest oil producers on decarbonization efforts. Details on specific targets, timelines, or funding for the cooperation were not disclosed in the article. The full content is behind a membership paywall, so readers may need to register to access the complete details. This development is relevant for those tracking emissions reduction in the oil and gas sector, particularly in the context of marine fuel transitions and carbon capture deployment.