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Petrobras Invests $892M to Double Capacity at RNEST Refinery
PetrobrasPetrobras(US:PBR) ZACKS·2025-06-18 13:06

Key Takeaways PBR invests $892M to complete Train 2 at RNEST, doubling capacity to 260,000 bpd by 2029. New units will boost the output of cleaner fuels and support Brazil's energy, jobs and growth goals. RNEST's Train 1 was modernized in 2025, restoring full capacity and boosting light product yield.Petróleo Brasileiro S.A. - Petrobras (PBR) has signed three major contracts worth around $892 million with Consag Engenharia to complete Train 2 at the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil. The ...