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Petrobras Board of Directors approved the Final Investment Decision for the RPBC Biorefining project, involving an…

PBRPetrobras - Petroleo Brasileiro SA

Petrobras Board of Directors approved the Final Investment Decision for the RPBC Biorefining project, involving an estimated investment of approximately US$ 1.2 billion. The project includes a dedicated plant for bio-jet fuel and renewable diesel production at the Presidente Bernardes Refinery in Cubatão, São Paulo, with a production capacity of up to 15,000 barrels per day. Construction is expected to begin by the end of 2026, with a scheduled start-up in 2030. Petrobras is an integrated petroleum and energy company operating in the oil and gas industry.

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