Pasadena Refining System

Pasadena Refining System, Inc. (PRSI) is a refinery company.[1] The company has its headquarters in Pasadena, Texas, United States.[2] As of 2008 it is a 50-50 partnership between Petrobras and Astra Holding USA, the USA subsidiary of NPM/CNP, and it is Petrobras's only American oil holding.[3]

In 2006 Petrobras bought a 50 percent stake in Pasadena Refinery System for $360 million.[4] In 2007 Petrobras engaged in negotiations with Astra Holding in an attempt to buy the other half.[5]

References

  1. ^ "Fluor selected by Petrobras Affiliate for refinery study in the U.S." Scandinavian Oil-Gas Magazine. February 4, 2010. Retrieved on August 9, 2010.
  2. ^ "Contact Us." Pasadena Refinery System. Retrieved on August 9, 2010.
  3. ^ Woodall, Bernard. "INTERVIEW-Petrobras to slowly expand role in U.S." Reuters. Friday May 16, 2010. Retrieved on August 9, 2010.
  4. ^ "Petrobras buys 50 percent stake in Pasadena refinery." Houston Business Journal. Wednesday September 20, 2006. Retrieved on August 9, 2010.
  5. ^ "Petrobras in talks to buy US refinery's other half." Reuters. Friday December 21, 2007. Retrieved on August 9, 2010.

External links

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Energy portal