New low-sulfur diesel debuts in Brazil

Brazilian state petroleum company Petroleo Brasileiro SA (Petrobras) has begun deliveries to wholesalers of a new low-sulfur diesel that is designed to improve air quality and vehicle performance in five major Brazilian cities. Eventually, the new low-sulfur diesel will be available throughout Brazil's major metropolitan areas, the culmination of a $1 billion refining upgrade program. Meanwhile, Petrobras has signed a $150 million financing agreement with Japanese company Nissho Iwai covering a revamp of its Capuava refinery. New diesel With a maximum sulfur level of 0.3 wt %, the new diesel is being produced by Petrobras refineries at Cubatao, Capuava, and Sao Jose do...

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