Petrobras takes FID on $1.2 billion RPBC renewable-fuels plant
Petrobras’ board has approved the final investment decision for the RPBC Biorrefino project at the Refinaria Presidente Bernardes in Cubatão, São Paulo. The approximately $1.2 billion project will add capacity for up to 15,000 barrels per day of sustainable aviation fuel and renewable diesel. Final contracting is expected to precede construction starting by the end of 2026, with operations targeted for 2030.
Confirmed: On June 19, 2026, Petrobras’ board approved the final investment decision for the RPBC Biorrefino project, with estimated investment of approximately $1.2 billion. The planned facility at the Refinaria Presidente Bernardes in Cubatão will have capacity to produce up to 15,000 barrels per day of BioQAV sustainable aviation fuel and renewable diesel. Petrobras expects to move into final contracting and contract execution, begin construction by the end of 2026 and place the plant in operation in 2030.
Analytical interpretation: The FID moves the project toward a procurement and construction phase and may generate opportunities for process technology, engineering, construction and industrial-equipment suppliers. However, the announcement names no contractors or technology vendors and establishes no direct maritime or offshore demand. Its Intelatus value is therefore primarily as company-investment and supply-chain intelligence rather than as a marine project. Extracted relationships are source-supported suggestions pending analyst review, not database-verified connections.