Refinery (Mataripe refinery)
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Brazil's Lula says Petrobras will seek to buy back refinery sold to Mubadala
Reuters· 2026-03-20 17:09
Group 1 - Brazilian President Luiz Inacio Lula da Silva announced that state-run oil company Petrobras will seek to buy back the Mataripe refinery in Bahia state, which was sold to Mubadala in 2021 under the previous administration [1][2] - Lula emphasized that the buyback process may take time but is a commitment of his administration [2]