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Montevideo, April 18th 2024 - 10:17 UTC

Tag: Petrobras refinery

  • Friday, May 3rd 2019 - 09:14 UTC

    Chevron completes purchase of controversial Petrobras refinery in Houston

    Chevron put the transfer of the plant’s ownership on hold on April telling Petrobras it had to prove the refinery would operate as promised

    Chevron Corp completed a US$ 350 million purchase of a refinery in the Houston suburb of Pasadena, Texas, from Brazil’s Petrobras, Chevron said in a statement. The sale was agreed to in January, but Chevron put the transfer of the 112,229-barrel-per-day plant’s ownership on hold on April 2, telling Petrobras it had to prove the refinery would operate as promised.