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Petrobras to prove Pasadena refinery operational to Chevron
April 23, 2019
Source: Reuters

Petrobras to prove Pasadena refinery operational to Chevron

According to sources, supermajor Chevron has asked Petrobras to prove Pasadena refinery to be operational before taking possession of the facility. Chevron announced in January to spend $350 million for the proposed acquisition of 112,229 barrel-per-day (bpd) Pasadena refinery from Petrobras. Sources revealed that the ownership transfer was stalled after the refinery went under planned overhaul.

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