Petrobras in Talks with CNPC to Build Refinery

Petroleo Brasileiro is in talks with China National Petroleum Corp. to complete construction of a refinery in Rio de Janeiro state, Pedro Parente, CEO of Brazil's state-controlled oil company, said on Tuesday.

 

Parente also said a recently announced partnership with Britain's BP Plc would include gas assets as well as trading in oil and derivatives, adding that the deal could eventually include asset exchanges.


(Reporting by Marta Nogueira and Alexandra Alper; editing by Susan Thomas)