Petrobras to study diesel self-sufficiency in 2027-2031 plan

Petrobras president Magda Chambriard announced the company will include studies on achieving diesel self-sufficiency in its 2027-2031 business plan, implying increased refining capacity to eliminate import reliance. This signals a strategic shift toward downstream investment, though details on capacity targets and timelines remain unspecified. The move could affect Brazil's fuel import dynamics and refining sector.