Petrobras to supply Vale’s Minas Gerais operations with S10 diesel

Brazil’s state-run oil company Petrobras said on Monday it has signed an agreement with Vale to supply the miner’s operations in Minas Gerais state with S10 diesel, including the mandatory 15% biodiesel blend.

The commercial partnership with Vale is part of Petrobras’ strategy to get closer to end consumers, the oil company said in a statement. It did not disclose financial details.

(By Gabriel Araujo and Isabel Teles)