Petrobras Terminates Sale Agreement for LUBNOR Refinery.

Written by Paulo Nogueira

Published on 27/11/2023 at 08:28

Petrobras informa sobre rescisão de contrato de venda da refinaria LUBNOR Foto: Divulgação

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Sale of the LUBNOR Refinery by Petrobras is Rescinded Due to Non-Compliance with Precedent Conditions. Commitment to Operational Safety and the Environment Remains a Priority in Units in the Northeast.

Petrobras reaffirms its commitment to the continuous operation of the LUBNOR Refinery, ensuring the reliability and availability of its facilities while prioritizing safety and the preservation of the environment and people.

Details about the LUBNOR Refinery

The LUBNOR, located in Fortaleza, Ceará, has an authorized processing capacity of 8,200 barrels per day. Additionally, it is one of the main national producers of asphalt and the only refining unit in Brazil that manufactures naphthenic lubricants.

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Petrobras, following the announcements made on 06/22/2023 and 02/08/2023, announces that the agreement for the sale of the Lubricants and Oil Derivatives Refinery of the Northeast (LUBNOR) and its corresponding logistical assets has been canceled due to non-compliance with the prerequisites established in the contract by the stipulated deadline (11/25/2023), despite the efforts made by Petrobras to complete the transaction.

Source: Petrobras

Petrobras Terminates Sale Agreement for LUBNOR Refinery.

Sale of the LUBNOR Refinery by Petrobras is Rescinded Due to Non-Compliance with Precedent Conditions. Commitment to Operational Safety and the Environment Remains a Priority in Units in the Northeast.

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Petrobras Terminates Sale Agreement for LUBNOR Refinery.

Sale of the LUBNOR Refinery by Petrobras is Rescinded Due to Non-Compliance with Precedent Conditions. Commitment to Operational Safety and the Environment Remains a Priority in Units in the Northeast.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

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