Brazil's Petrobras says bought Pasadena refinery to maximize returns
April 15, 2014 at 10:15 AM EDT
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.
