Thursday, January 31, 2019

Petrobras signs Pasadena refinery sale to Chevron

Petrobras announced on Wednesday (30) who signed the Pasadena refinery sale to the American Chevron, for $ $562 million. The operation still depends on approval by regulatory agencies in Brazil and in the United States. According to Petrobras ' statement, "the final value of the transaction is subject to working capital adjustments until the closing date of the transaction. The company had already informed earlier that negotiations were in "stage of completion". The sale is part of the program of divestiture of Petrobras, according to the company's business plan for the period between 2019 and 2023. Car wash the Pasadena refinery was the target of a series of corruption allegations investigated by the car wash operation. Also on Wednesday, Petrobras has deposited about R $2.5 billion in an account linked to the Federal Court of Paraná, according to the Federal Public Ministry (MPF). The values are part of an agreement signed between the State and the task force of the car wash, already approved by the judiciary.
G1 - 30/01/2019 News Item translated automatically
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