Brazil's Petrobras says bought Pasadena refinery to maximize returns

RIO DE JANEIRO, April 15 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA purchased a refinery in Pasadena, Texas, to maximize returns on heavy Brazilian oil in the U.S. Market, CEO Maria das Graças Foster told Brazil's Congress on Tuesday.

from Reuters: Company News http://ift.tt/1gyxIT8

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