Brazilian state-run company, Petrobras, announced this week that its refineries hit a 95% processing capacity milestone in May.This figure represents the highest monthly achievement recorded since July 2015.
Notably, the Total Utilization Factor (FUT) surged to 99% on several days in the second half of May.These impressive figures were achieved despite scheduled maintenance shutdowns at four of Petrobras' facilities: RPBC (Cubato, SP), Refap (Canoas, RS), Reduc (Duque de Caxias, RJ), and Replan (Paulnia, SP).The FUT in the context of oil refining reflects the actual processed cargo volume relative to the reference cargo, i.e ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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