Brazil to hold public consultation on biofuel production rules
The new regulation is part of energy ministry's RenovaBio program for the development of the biofuels industry.
The new regulation is part of energy ministry's RenovaBio program for the development of the biofuels industry.
Meanwhile, the state-run oil company posted its best results since it was been hit by the Lava Jato scandal.
The OPEC country, which relies on oil for 95% of its export earnings, has seen output halve to 1.5Mb/d since the early 2000s amid shrinking investment, corruption and crippling sanctions.
The Brazilian federal oil giant is also pushing ahead with the sale of its shares in petchem company Braskem.
Duncan Wood of the Woodrow Wilson Center discusses how the Mexican energy sector's incorporation in the renegotiation process will reflect new realities and the urgency cast over negotiations due to the possible victory of Andrés Manuel López Obrador in July's presidential elections.
Maintenance stoppages on platforms led to lower production figures, industry regulator ANP said.
The H-oil plant serves to upgrade residues from heavy crudes such as Mexico's Maya crude.
Both operations are part of the Brazilian oil firm's US$21bn divestment program.
Energy minister's decree came on the same day as Petrobras started the disclosure of information on its refinery divestments against a backdrop of protests by workers.
The state-run oil company faced problems in the past due to irregularities in its asset sale process.