Mubadala Group Acquires RLAM Refinery From Petrobras for $1.65 Billion in Bahia

Written by Flavia Marinho

Published on 08/02/2021 at 12:34

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In Addition to RLAM in Bahia, Petrobras Received Binding Proposals for the Sale of the Presidente Getúlio Vargas Refinery (REPAR) in Paraná

Petrobras reported in a relevant fact this morning (02/08) that it concluded the negotiation phase with the Mubadala Group as part of the divestment process of the Landulpho Alves Refinery (RLAM) and its associated logistics assets in Bahia. Looking for a job? Shell is looking for young people aged 20 to 34 living in Rio de Janeiro, with a high school diploma and an entrepreneurial mindset and behavior

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According to Petrobras’ report, Mubadala Capital made the best final offer, valued at US$ 1.65 billion. The signing of the purchase and sale contract is still subject to approval by the competent authorities.

Other Petrobras Divestments Beyond RLAM – Bahia

Petrobras also received binding proposals for the sale of the Presidente Getúlio Vargas Refinery (REPAR) in Paraná but decided to end the process, as the conditions of the proposals submitted fell short of Petrobras’ economic and financial assessment.

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Mubadala Group Acquires RLAM Refinery From Petrobras for $1.65 Billion in Bahia

In Addition to RLAM in Bahia, Petrobras Received Binding Proposals for the Sale of the Presidente Getúlio Vargas Refinery (REPAR) in Paraná

Also Read

Other Petrobras Divestments Beyond RLAM – Bahia

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Mubadala Group Acquires RLAM Refinery From Petrobras for $1.65 Billion in Bahia

In Addition to RLAM in Bahia, Petrobras Received Binding Proposals for the Sale of the Presidente Getúlio Vargas Refinery (REPAR) in Paraná

Also Read

Other Petrobras Divestments Beyond RLAM – Bahia

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The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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Japanese destroyer crosses the Taiwan Strait, and China did not like this at all and reacted.

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