Brazil, Nov. 17 -- The Japan Bank for International Cooperation (JBIC) signed on November 12 a general agreement to provide a credit line, with Petroleo Brasileiro S.A. (Petrobras), the state-owned oil company of the Federative Republic of Brazil, amounting to up to USD600 million, of which JBIC's portion is USD360 million, taking the opportunity of the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30). The credit line is extended under JBIC's GREEN operations and is intended to provide the funds necessary for decarbonization, energy transition, and environmental projects implemented by Petrobras or its subsidiaries in Brazil. Petrobras is a national oil company and one of the largest produc...