Petrobras signs MoUs with China's top energy companies
Petrobras signs MoUs with China's top energy companies
-
Natural Gas News
Petrobras signs MoUs with China's top energy companies
Summary
The MoUs were signed with China Energy, Sinopec, CNOOC and Citic Construction. [Image: Petrobras] by: Shardul Sharma
Petrobras, the Brazilian state-owned oil company, has signed four memorandums of understanding (MoUs) with China's top oil and energy groups, it announced on August 30. The agreements were signed in Beijing, b...
Posted in:
Natural Gas & LNG News, Americas, Asia/Oceania, Security of Supply, Corporate, Political, News By Country, Brazil, China
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.