Urgente: Chevron comprará refinaria da Petrobras

Breaking: Chevron Will Acquire Petrobras Refinery

Written by Paulo Nogueira

Published on 29/01/2019 at 08:33

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Chevron Agreed to Buy a Troubled Texas Oil Refinery With Room to Handle Shale Flow From Its Operations in West Texas, Two Sources Familiar With the Negotiations Said on Monday.

The leading oil producer in the United States is expected to announce the deal to acquire a 112,000 barrels per day (bpd) refinery in Pasadena, Texas, this quarter, the sources said. The plant is operated by Pasadena Refining System Inc, a subsidiary of the state oil company Petrobras, based in Texas. Chevron spokesperson Braden Reddall declined to comment on Monday. Carlos Monteiro, a spokesperson for Petrobras in Rio de Janeiro, said that any communication about a deal would be disclosed to the market.

A deeply indebted company put the plant on the market in early 2018 after sinking over US $1.18 billion since acquiring its first stake in the operation in 2006.

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Breaking: Chevron Will Acquire Petrobras Refinery

Chevron Agreed to Buy a Troubled Texas Oil Refinery With Room to Handle Shale Flow From Its Operations in West Texas, Two Sources Familiar With the Negotiations Said on Monday.

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Breaking: Chevron Will Acquire Petrobras Refinery

Chevron Agreed to Buy a Troubled Texas Oil Refinery With Room to Handle Shale Flow From Its Operations in West Texas, Two Sources Familiar With the Negotiations Said on Monday.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

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.

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