By Brazil Stock Guide – Amazon Brazil and Petrobras (B3: PETR3, PETR4; NYSE: PBR) have signed a memorandum of understanding to test low-carbon fuels in logistics operations across the country. The agreement includes pilots with Petrobras’ Diesel R, which is already produced in Brazil, and studies on other biofuel alternatives.
Petrobras’ Diesel R contains 5% renewable content and is produced at its Repar and RPBC refineries through a co-processing method. The fuel is compatible with existing engines and logistics chains, requiring no technical adaptations, and has a lower level of contaminants, which increases engine durability.
“Partnering with Amazon allows us to expand opportunities for low-carbon solutions that are both competitive and accessible,” said Claudio Schlosser, Petrobras’ director of Logistics, Trading and Markets.
“This deal is a step forward in decarbonizing our transport network in Brazil, while keeping us on track to meet Amazon’s global net-zero goal by 2040,” said Ricardo Pagani, Amazon Brazil’s Operations lead.
Transport accounts for a significant share of Brazil’s carbon footprint. The partnership aligns both companies with the broader trend of corporates seeking to balance logistics efficiency with environmental targets.