Petroleo Brasileiro (NYSE:PBR)
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By Dan Molinski
Petroleo Brasileiro SA (PBR), or Petrobras, reported a planned startup and emissions Thursday after maintenance work at its Pasadena refinery in Texas.
In a statement to the Texas Commission on Environmental Quality, the refinery said the emissions caused by the start-up were to begin Thursday afternoon and could end Saturday afternoon.
The 110,000-barrel-a-day refinery is located in the Houston area.
Chevron Corp. (CVX) said last week it has signed a deal to buy the Pasadena refinery from Petrobras from $350 million. The 466-acre complex includes a storage tank farm and other assets.
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(END) Dow Jones Newswires
February 07, 2019 20:01 ET (01:01 GMT)
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