Exclusive: Chevron to buy Texas refinery from Brazil's Petrobras - sources - Dealers Care

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Tuesday, 29 January 2019

Exclusive: Chevron to buy Texas refinery from Brazil's Petrobras - sources

By Erwin Seba and Jessica Resnick-Ault HOUSTON (Reuters) - Chevron Corp has agreed to buy a Texas oil refinery with a troubled past and space to handle a coming flow of shale from its West Texas operations, two sources familiar with negotiations said on Monday. The U.S. oil major is expected to disclose the deal to acquire a 112,000 barrel-per-day (bpd) refinery in Pasadena, Texas, this quarter, the sources said

from Latest News Business on Firstpost http://bit.ly/2DF0VRn

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