Chevron has agreed to buy a Texas oil refinery to handle a coming flow of shale from its West Texas operations
Reuters citing two sources "familiar with negotiations said on Monday."
- deal to acquire a 112,000 barrel-per-day (bpd) refinery in Pasadena, Texas,
- plant is operated by a Texas-based unit of Brazil's state-run oil firm Petroleo Brasileiro
- Petrobras put the plant on the market in early 2018
