Petrobras Signed the Sale of Its Entire Stake in BSBios to RP Biocombustíveis

Written by Flavia Marinho

Published on 24/12/2020 at 08:32

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Petrobras Reiterates Commitment to Transparency in Its Divestment Projects and Portfolio Management in Statement

Petrobras announced yesterday (12/23) in a material fact that it signed the contract for the sale of 50% of BSBios Indústria e Comércio de Biodiesel Sul Brasil to RP Participações em Biocombustíveis for R$ 322 million. Petrobras Signed with Petrorecôncavo the Sale of 12 Onshore Fields in Bahia

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BSBios owns biodiesel plants in Passo Fundo (RS) and Marialva (PR).

According to Petrobras’ report, the amount of R$ 322 million, including monetary correction adjustments, will be deposited in linked accounts (escrow) for PBio’s stake in BSBios and is subject to customary adjustments for transactions of this nature.

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Petrobras Signed the Sale of Its Entire Stake in BSBios to RP Biocombustíveis

Petrobras Reiterates Commitment to Transparency in Its Divestment Projects and Portfolio Management in Statement

Read Also

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The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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At 625 meters above the ground and with a span of 1,420 meters between mountains, China inaugurated the highest bridge in the world — and the 2-hour journey now takes 2 minutes.

A neighboring country of Brazil starts to profit billions from oil after the war in Iran, sees its economy grow at an unusual pace, and enters a silent dilemma that few countries can resolve without a crisis.

War in Iran complicates the situation, the government is considering holding back gasoline prices, and the new minister says that if necessary, the country may even go into more debt to protect families.

What looks like a giant cat sleeping at Hong Kong airport is actually 8 meters long, responds to visitors, and has become an unexpected attraction among passengers arriving without imagining what they will find.

Made from common salt and 50% cheaper than lithium, the new Chinese battery promises a range of 500 km and could revolutionize electric cars starting in 2026.

Petrobras Signed the Sale of Its Entire Stake in BSBios to RP Biocombustíveis

Petrobras Reiterates Commitment to Transparency in Its Divestment Projects and Portfolio Management in Statement

Read Also

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.

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Silicon Valley bets on a 100-hour battery that uses carbon and oxygen to store renewable energy for days and could turn a little-known chemical system into an alternative to critical metal batteries to tackle prolonged blackouts.

Canadian engineers want to compress air in underground caverns and build plants of up to 500 MW that function as giant lungs to store renewable energy for hours and stabilize entire electrical grids.

At 625 meters above the ground and with a span of 1,420 meters between mountains, China inaugurated the highest bridge in the world — and the 2-hour journey now takes 2 minutes.

A neighboring country of Brazil starts to profit billions from oil after the war in Iran, sees its economy grow at an unusual pace, and enters a silent dilemma that few countries can resolve without a crisis.

War in Iran complicates the situation, the government is considering holding back gasoline prices, and the new minister says that if necessary, the country may even go into more debt to protect families.

What looks like a giant cat sleeping at Hong Kong airport is actually 8 meters long, responds to visitors, and has become an unexpected attraction among passengers arriving without imagining what they will find.

Made from common salt and 50% cheaper than lithium, the new Chinese battery promises a range of 500 km and could revolutionize electric cars starting in 2026.