Summary by Moomoo AI
Petrobras has commenced operations of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST) in Ipojuca, Brazil. This advancement allows RNEST to increase its processing capacity by 27,000 barrels per day (bpd), from 88,000 bpd to 115,000 bpd, while complying with local environmental regulations.The SNOX unit, a first in the Americas, transforms sulfur oxide (SOx) and nitrogen oxide (NOx) into sulfuric acid, adding a new product to Petrobras's portfolio. It also generates steam, enhancing RNEST's energy efficiency. Concurrently, Petrobras is preparing for the expansion (Revamp) of Train 1, set to increase capacity by 15,000 bpd and improve pre-salt oil processing, with completion expected in Q1 2025.Petrobras plans to initiate procurement for Train 2 completion, which will add 130,000 bpd to RNEST's capacity. Upon full implementation of these projects, RNEST will achieve a processing capacity of 260,000 bpd, increasing national S-10 diesel production by approximately 13 million liters per day. RNEST boasts the highest crude oil to diesel conversion rate (70%) among Brazilian refineries.
