Petrobras President Says That Even With Delays, The Oil Company Will Complete Sale Of The Remaining 08 Refineries

Written by Valdemar Medeiros

Published on 02/12/2020 at 12:41

Refinarias da Petrobras

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Petrobras States That the Sale of the Remaining 08 Refineries Will Happen Before the End of the Year and That the Oil Company Is Committed to This.

Roberto Castello Branco – The Current President of Petrobras Stated in a Recent Interview on 11/30 That Even Amid Delays, the Oil Company Aims to Finalize the Sale of the Remaining Refineries.

Some Refineries Are Already Advanced

The President of Petrobras Has Already Confirmed That Six of the Eight Refineries Currently up for Sale by the Oil Company Are in a More Advanced State. The Remaining Two Refineries Should Be Sold in the First Half of 2021.

“We Have Received Several Proposals for Repar (PR) and Refap (RS) on December 10, At This Point We Can Affirm That Six of Petrobras’ Eight Refineries Are Already Secured for Sale and the Other Two That Remain Will Receive Binding Offers Early Next Year”, Declared the President of the Oil Company – Castello Branco.

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Petrobras May Increase Crude Oil Exports After Selling the Refineries

The Logistics Director of Petrobras Stated That After the Sale of the Oil Company’s Refineries is Completed, the Amount of Exported Oil Could Be Doubled. “It Doesn’t Make Economic Sense to Import Oil, but We Can Also Increase Exports”, Said Chiarini.

Petrobras Says Major Divestitures Are Coming to an End

Petrobras Is in Advanced Stages of Several Important Divestitures, Executives Said on Thursday, Indicating That the Company’s Ambitious Deleveraging Program May Accelerate After a Pause During the Worst Coronavirus Outbreak in Brazil.

In Statements to Analysts Following the Company’s Third Quarter Results, Executives from Petrobras, as the State-Owned Company is Formally Known, Said They Expect to Finalize Negotiations to Sell Their RLAM Refinery by Year-End and Have Recently Received Binding Offers for Their REMAN Refinery in the Amazon City of Manaus.

Petrobras President Says That Even With Delays, The Oil Company Will Complete Sale Of The Remaining 08 Refineries

Petrobras States That the Sale of the Remaining 08 Refineries Will Happen Before the End of the Year and That the Oil Company Is Committed to This.

Also Read

Some Refineries Are Already Advanced

Petrobras May Increase Crude Oil Exports After Selling the Refineries

Petrobras Says Major Divestitures Are Coming to an End

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Petrobras President Says That Even With Delays, The Oil Company Will Complete Sale Of The Remaining 08 Refineries

Petrobras States That the Sale of the Remaining 08 Refineries Will Happen Before the End of the Year and That the Oil Company Is Committed to This.

Also Read

Some Refineries Are Already Advanced

Petrobras May Increase Crude Oil Exports After Selling the Refineries

Petrobras Says Major Divestitures Are Coming to an End

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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