
Key facts: Petrobras restarts Ansa urea plant; plans Pemex MOU

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Petrobras (PETR3) has restarted urea production at its Ansa fertilizer plant in Paraná after a hiatus since 2020, with a restart cost of approximately R$870 million. This move marks Petrobras' re-entry into the fertilizer sector. Additionally, Presidents Lula and Sheinbaum announced plans for a cooperation MOU between Pemex and Petrobras, with a Petrobras team set to visit Mexico in mid-May to discuss various topics including production and biofuels.
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