Petrobras, Vale to seek opportunities for joint investment in renewables
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RIO DE JANEIRO, Sept 28 (Reuters) - The chief executive of Brazil's Petrobras said on Thursday the state-run oil company will sign a memorandum of understanding with mining giant Vale to study potential joint investment opportunities in renewable energy.
Jean Paul Prates also told reporters at an event that internal models show that for now it is possible for the company to keep its fuel prices unchanged without harming its profitability, despite the recent spike in global oil prices. (Reporting by Marta Nogueira; Editing by Steven Grattan)
