Key Takeaways Petrobras approved the Sao Tome CCS Pilot, Brazil's first carbon capture and storage project.The project will capture and store up to 100,000 tons of CO2 annually over three years. Operations begin in 2028, supporting Petrobras' and Brazil's 2050 carbon neutrality goals. Petrobras (PBR) , Brazil’s state-owned integrated oil and gas company, has officially approved the construction of the São Tomé CCS Pilot Project in Macaé, Rio de Janeiro. This initiative represents the first Carbon Capture an ...