Petrobras to sell its RLAM refinery to Mubadala Capital for USD1.65 bln

MOSCOW (MRC) -- Petroleo Brasileiro SAВ has signed the contract to sell its RLAM refinery to Abu Dhabi's Mubadala Capital for USD1.65 billion, in a victory for outgoing Chief Executive Roberto Castello Branco, reported Reuters.Earlier on Wednesday, Petrobras said its board had authorized the sale to Mubadala Capital, under the aegies of its MC Brazil Downstream Participacoes unit.Petrobra

Full article at mrcplast.com