Petrobras Will Have to Prove to Chevron That the Pasadena Refinery Is Still Operational

Written by Paulo Nogueira

Published on 23/04/2019 at 08:29

Updated on 23/04/2019 at 08:34

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One Day After The Reforms And Maintenance Of The Pasadena Refinery Began, Chevron Decided To Halt The Transfer And Ask Petrobras To Prove That The Facility Will Function As Promised After The Deal Is Closed, Says Sources Linked To The Market

Chevron Corp demanded from the Brazilian state-owned company Petrobras proof that the much-discussed Pasadena refinery is still operational before taking full ownership of the facility in Texas, according to sources linked to this market. As We Reported Here On The Portal In January 2019, Chevron announced in international trade media that it would acquire the Pasadena Refining System Inc (PRSI) for US$ 350 million. It was designed to process about 112,229 barrels of oil per day and is still owned by Petrobras.

On April 2, the transfer to Chevron ended up being aborted, just as the refinery had started the reforms and maintenance one day earlier.

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Petrobras Will Have to Prove to Chevron That the Pasadena Refinery Is Still Operational

One Day After The Reforms And Maintenance Of The Pasadena Refinery Began, Chevron Decided To Halt The Transfer And Ask Petrobras To Prove That The Facility Will Function As Promised After The Deal Is Closed, Says Sources Linked To The Market

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Petrobras Will Have to Prove to Chevron That the Pasadena Refinery Is Still Operational

One Day After The Reforms And Maintenance Of The Pasadena Refinery Began, Chevron Decided To Halt The Transfer And Ask Petrobras To Prove That The Facility Will Function As Promised After The Deal Is Closed, Says Sources Linked To The Market

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

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