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Brazil’s Petrobras and miner Vale have decarbonization partnership in works

Summary by WTVB
RIO DE JANEIRO (Reuters) – Brazil’s Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the state-run oil firm’s Chief Executive Magda Chambriard said on Monday. WHY IT’S IMPORTANT The two Brazilian companies are among the largest in Latin America by market value. Chambriard said the firms will “help each other” decarbonize, with a possible deal in which Petrobras would supply marine fuel and di…
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