Search Results
Planned Refinery to Process Venezuelan and Brazilian Crude Will Cost $4 Billion to Build
A planned refinery to process Venezuelan and Brazilian crude will cost US$4 billion (euro3.1 billion) to build, far more than previous estimates, the state-run oil company Petroleo Brasileiro SA, or Petrobras, said Thursday.
Petrobras chief executive Sergio Gabrielli did not say what drove the cost of the project higher. Previous estimates put the price of the [...]
