Petrobras is seeking to sell eight refineries with a combined capacity of 1.1mn bl/d
Petrobras puts three refineries back on sale
The RNEST, Repar and Refap facilities are open for offers again, but the divestment programme’s future is in doubt
Brazilian NOC Petrobras is once again attempting to sell three more refineries and associated infrastructure, after the sales process stalled last year. The NOC “has restarted the process for the sale” of the 130,000bl/d Abreu e Lima refinery (RNEST) in Pernambuco, the 208,000bl/d Presidente Getulio Vargas refinery (Repar) in Parana and the identically sized Alberto Pasqualini (Refap) refinery in Rio Grande do Sul, as well as associated logistical infrastructure such as pipelines, terminals and storage capacity. Petrobras confirmed in August last year that “interested parties... formally declined to submit a binding proposal” for RNEST, ending that process. Repar received binding proposals,
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
