Petrobras to analyse Mubadala Capital proposal for refining and biorefining partnership
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
The business model to be analysed will take into account future investments and the development of new technologies in conjunction with Mubadala Capital.
Mubadala Capital, which through Acelen controls the Mataripe Refinery (RefMat) and Acelen Energia Renovável S.A. (Biorrefinaria), indicates in its correspondence the main terms and conditions of the possible partnership. Petrobras will evaluate the acquisition of a stake in these assets.
The proposal will still be subject to internal evaluation by Petrobras. The company also clarifies that any investment decisions must, within the governance established at Petrobras, go through the planning and approval processes provided for in the applicable systems, with their technical and economic viability demonstrated.
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/03012024/petrobras-to-analyse-mubadala-capital-proposal-for-refining-and-biorefining-partnership/
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