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

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

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

The Atacama Desert, the driest place on Earth, was covered in flowers and turned into a colorful carpet with more than 200 species in the phenomenon called “desert bloom,” when atypical rains awaken seeds that had remained dormant in the soil for many years.

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