Portuguese 
English 
Spanish 
4 min of reading 
The Financial Investment, Equally Divided Between Replan and Refap, Was Used to Implement a New Gas Treatment System.
With the aim of aligning with the guidelines established by the National Environmental Council (Conama), Petrobras allocated a significant budget to modernize two of its most important refineries. The Brazilian oil giant invested a total of R$ 200 million in the Paulínia Refinery (Replan), located in São Paulo, and in the Alberto Pasqualini Refinery (Refap), situated in Canoas, Rio Grande do Sul.
New Gas Treatment System
The financial investment, equally divided between the two units, was used to implement a revolutionary gas treatment system. This mechanism came into operation in June at Replan and in early July at Refap.
The technology employed consists of a device known as an electrostatic precipitator. This device is designed to intercept suspended particles in the gases, transforming them into raw material for the mortar industry.
-
Petrobras confirms that it will reimburse amounts to distributors and return the price difference from the gas auction following a regulatory decision.
-
Petrobras buys back fields for billions — what no one is talking about regarding this decision and how it could impact jobs and oil in Brazil.
-
New escalation of tensions and oil crisis in the Middle East forces world powers to accelerate energy transition plans.
-
Giant reservoirs with a capacity of 18 million cubic meters have turned Fujairah into one of the largest energy vaults on the planet. This facility, located outside the Strait of Hormuz, stores oil on a colossal scale and has become a silent piece that supports the global flow of fuels.
Petrobras Is Complying With Environmental Regulations and Reducing Pollution
With the implementation of this advanced system, the amount of particles in the released gases will be reduced to less than 75mg/Nm3, as stipulated by the Conama resolution. The direct consequence is a reduction of approximately 30 tons per month of fine particles emitted by each Petrobras refinery.
According to an official statement from Petrobras on Monday, July 10, 2023, the Director of Engineering, Technology and Innovation, Carlos Travassos, highlights the relevance of investments in modernizing the company’s refining infrastructure. He believes that such actions improve emissions control, boost processing capacity, enhance the quality of petroleum derivatives, as well as comply with regulatory standards and minimize the environmental impact of operations.
Petrobras Is Committed to Updating All of Its Refineries
William França, Director of Industrial Processes and Products at Petrobras, stated that the company is committed to upgrading its refineries and reducing the environmental impacts caused by its operations. The new gas treatment technology reflects Petrobras’ ambition to promote an increasingly sustainable oil market.
This initiative by Petrobras is a significant example of how large companies can and should lead the transition to a greener future. It is a commendable action that other sectors should also follow, as it not only benefits the environment but also reinforces the company’s positive image, increases consumer confidence, and strengthens its market position.
Petrobras is clearly committed to investing in sustainable practices and clean technologies, demonstrating the seriousness with which it addresses the environmental challenges of the 21st century. It is a strategy that reflects not only the company’s commitment to sustainable development but also its recognition that long-term prosperity is only possible with a balanced and responsible approach to the environment.
New Investments on the Horizon: Petrobras Evaluates Purchase of New Shares in Braskem
Also on Monday, July 10, Petrobras informed shareholders and the market in general that it is studying the feasibility of increasing its stake in Braskem. According to the oil company, a due diligence process has been initiated to investigate the business opportunity.
The term “due diligence” refers to a meticulous and detailed assessment conducted by a potential investor to analyze the risks and benefits of a possible business transaction. This step is crucial for any strategic decision-making in the business world.
Petrobras Is Considering the Purchase of Braskem Shares, Owned by Novonor
Currently, Petrobras is considering the option to exercise its right of first refusal in the eventual sale of Braskem shares, which are owned by Novonor (formerly known as Odebrecht). This implies that Petrobras may have priority in acquiring these shares if Novonor decides to sell them.
It is important to note that Petrobras and Novonor are partners in Braskem, with Petrobras holding 47% of the voting shares, while Novonor owns a slightly larger share, with 50.1%. In terms of total shares, Petrobras holds 36.1% and Novonor holds 38.3%.
However, Petrobras emphasizes that it has not made any concrete decisions regarding divestment or increasing its stake in Braskem. The company’s decisions, as explained in its statement, are based on careful analyses, technical studies, and adherence to rigorous governance practices and internal procedures.
The Future of Petrobras in Braskem
The fact that Petrobras is considering a potential increase in its stake in Braskem reflects the company’s commitment to seizing strategic opportunities. However, it is essential to understand that this is a high-level decision that involves complex and careful evaluations.
Regardless of the outcome of this due diligence analysis, it is clear that Petrobras is constantly seeking to optimize its asset portfolio, always aligned with its strategic interests and the best interests of its shareholders.
Seja o primeiro a reagir!