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Join Date: May 2007
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"Petrobras puts off purchase of Valero
http://www.amigoe.com/english/ Last Update: Thursday, May 15, 2008
ORANJESTAD – The management of the Brazilian oil company Petrobras doesn’t want to take a decision yet on the purchase of Valero Aruba, reported international media yesterday. According to reports, management wants to wait and see whether the Valero will work optimum again after a vacuum unit caught fire. The reparations will be finished this week. Petrobras is also watching more refineries after the recent discovery of three big oil- and natural gas fields. Instead of selling the crude oil, the company wants to process the material herself and start selling refining products. "
Petrobras yet to decide on Valero Aruba refinery
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