Petrobras Eyes Another Strategic Refinery Repurchase Amid Centralization Tendencies

Petrobras is considering repurchasing the Amazon Refinery from Atem for $257.2 million, sold in late 2022 under Bolsonaro. The current administration, together with the Single Federation of Oil Workers (Fup), is also pushing to repurchase the Mataripe Refinery in Bahia. Their goal is to stabilize operations and regulate prices in Brazil’s northern region. As of […]