Petrobras informs that its Board of Directors today approved the Final Investment Decision (FID) for the RPBC Biorefining project, which provides for the implementation of a dedicated plant for the production of bio-jet fuel and renewable diesel at the Presidente Bernardes Refinery (RPBC), located in Cubatão (São Paulo state), with an estimated investment of approximately US$ 1.2 billion.

With this approval, Petrobras will move forward to the final phase of contracting and execution of agreements, with construction works expected to begin by the end of 2026. The project is included in the company’s Business Plan 2026–2030 and, considering financing conditions, has been incorporated into the Base Implementation Portfolio.

The plant will have a production capacity of up to 15,000 barrels per day (bpd) of renewable fuels (bio-jet fuel and renewable diesel), with start up scheduled for 2030.

The project is aligned with Petrobras’ commitment to lead a just energy transition in Brazil and with the global commitments of the aviation sector to comply with the CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) regulation and Brazil’s Future Fuel Law (Law No. 14,993/2024).