Brazil
News

Shell CEO highlights Brazil's biofuels potential

Bnamericas

Shell is upbeat on Brazil’s biofuel potential, especially second generation (2G) ethanol, CEO Wael Sawan said on Tuesday at the ROG.e conference in Rio de Janeiro.

2G ethanol is obtained through the processing of sugarcane bagasse. 

“Why is that important? Because the same amount of land will be able to produce 50% more ethanol,” Sawan said. 

Shell holds a 50% stake in Raízen, a JV with Brazilian energy giant Cosan which has two 2G ethanol plants in operation and building another four, while working on a project involving three plants. 

Meanwhile, Shell will continue to invest in oil and gas deepwater projects in partnership with Brazil’s Petrobras, said Sawan. 

The Anglo-Dutch major owns interests in pre-salt fields operated by the national oil company, such as Mero and Atapu. 

Other local market segments that are on Shell’s radar include renewable energy and natural gas (including LNG), he said. “We’re also looking into the arteries, on how to transport energy into and from Brazil.”

 

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Oil & Gas (Brazil)

Get critical information about thousands of Oil & Gas projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Field Mero
  • Current stage: Blurred
  • Updated: 1 month ago

Other companies in: Oil & Gas (Brazil)

Get critical information about thousands of Oil & Gas companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Recôncavo Energia Ltda  (Recôncavo Energia)
  • Recôncavo Energia Ltda. is a Brazilian exploration company founded by the oil and gas holding UBX Empreendimentos e Participações in 2016 in Rio de Janeiro, which in the same ye...
  • Company: Wood Brasil
  • Wood Brasil is Wood's local subsidiary, a global consulting, project and operations solutions company in the energy and built environment sectors. Wood offers operation, mainten...
  • Company: Consórcio Libra P1
  • The Libra_P1 Consortium is responsible for developing the Libra offshore exploration and production block, located on Sector SS-AUP1 of Santos Basin. The consortium was awarded ...
  • Company: Mitsui & Co. (Brasil) S.A.  (Mitsui Brasil)
  • Mitsui & Co. (Brasil) is a wholly owned subsidiary of the Japanese conglomerate, whose activities include the sale, distribution, purchase, marketing and supply of various produ...