Showing posts with label Venezuelan refinery joint venture. Show all posts
Showing posts with label Venezuelan refinery joint venture. Show all posts

28 August 2009

Petrobras ADRs Weaken As New Rules Approach And Refinery Costs Soar.

24/7WALLSTREET.COM.

"There is a report of a huge multi-billion injection from the Brazilian government directly into the company, and this is on the heels of a recent refining project in Venezuela seeing a drastic cost increase."