Key facts: Petrobras 800k t/yr biofuels plant; Pemex partnership study

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2026.05.20 11:14
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Petroleo Brasileiro (PETR3) plans a biofuels plant processing 800,000 tonnes/year of oils and fats, targeting either 620,000 tonnes/year SAF or 680,000 tonnes/year HVO, depending on setup.1Petrobras studies a potential partnership with Mexico’s Pemex covering upstream, refining and gas; a Pemex delegation is set to visit Brazil in June to discuss the deal.2