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2 clusters · 7 sources · 4 days · First seen · Last updated

Mataripe Refinery operations and pricing in Brazil

Overview

The Mataripe Refinery in Bahia, Brazil, managed by Acelen, has reached significant operational milestones. In 2025, the facility processed 95.1 million barrels of oil, its highest annual volume since Acelen assumed management in late 2021. The refinery remains Brazil’s second-largest refining unit, accounting for 42% of the Northeast region’s capacity and 80% of Bahia’s capacity.

Acelen has invested over R$ 4 billion in modernization, aiming for a production capacity near 300,000 barrels per day and diversifying into renewable energy projects.

Following these operational developments, Acelen implemented price increases for gasoline and diesel sold to distributors. The most notable hike affected diesel S-500, which rose by R$ 0.8746 per liter. These adjustments occurred despite a federal government subsidy of R$ 1 per liter for diesel. The Sindicombustíveis Bahia union raised concerns regarding market competition, noting that neighboring states supplied by Petrobras refineries are included in the federal subsidy, which may create disparities in the Bahia market.

Entities

Acelen · Mataripe refinery · Mubadala Capital · ANP · Bahia

Timeline

  1. 3 days ago

    [BUSINESS] 3 sources
    Acelen raises fuel prices at Mataripe Refinery in Bahia

    Acelen has raised gasoline and diesel prices at the Mataripe Refinery in Bahia, including a significant hike for diesel S-500, amid ongoing discussions regarding federal fuel subsidies.

  2. 6 days ago

    [BUSINESS] 4 sources
    Mataripe Refinery marks 76 years as Brazil's second-largest refining unit

    Bahia's Mataripe Refinery celebrates 76 years as Brazil's second-largest refinery, processing 262,100 barrels per day in 2025 following R$ 4 billion in modernization investments by Acelen.

Sources

acordacidade.com.br · atarde.com.br · badevalor.com.br · burburinhonews.com.br · costadocacau.blog.br · economia.estadao.com.br · petronoticias.com.br