This is our first report on Brazilian energy major, Petrobras. The company had a disappointing quarter and failed to meet Wall Street expectations in terms of revenues as well as earnings. Petrobras is focused on reducing its carbon footprint and the management recently highlighted the living forest initiative, which is the initiative to match funds from the Brazilian Development Bank to capture 9 million tons of carbon and restore 33,000 acres. The company is investing $50 million over a 5 year ....
