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
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
