Petrobras to reevaluate Comperj, Abreu refining & petrochemical projects

25-Jul-16

Petróleo Brasileiro SA plans to reevaluate two massive refining and petrochemical projects in Brazil, as the nation's state-controlled oil company seeks to redefine investment priorities and cut debt for the upcoming years, as per Reuters. In a securities filing, Petrobras said it decided to suspend work on several ongoing projects of the Comperj petrochemical compound and the Abreu e Lima refining facilities. 

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