Brazil · Energy Policy

Key Facts

Licence revoked — ANP unanimously revoked Refit’s operating authorisation on 7 August 2026, citing the suspension of its CNPJ since 29 May 2026.

Tax debt — Rio state says Refit owes R$14.3 billion (US$2.8 billion) in ICMS; PGE-RJ puts total tax debt above R$25.7 billion (US$5.0 billion).

Bankruptcy push — Rio state petitioned to convert Refit’s recuperação judicial into bankruptcy over the billion-dollar debt.