Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation, has signed a share purchase agreement with Petrobras America Inc. to acquire all the outstanding shares and equity interests of Pasadena Refining System, Inc.(PRSI), which includes the refinery in Texas, and PRSI Trading, LLC for USD350 million, excluding working capital. Including USD212 million working capital, […]

Ultrapar Participações S.A., a multi-business company engaged in the specialised distribution and retail (Ipiranga/Ultragaz/ Extrafarma), specialty chemicals (Oxiteno) and storage for liquid bulk (Ultracargo), based in Sao Paulo, Brazil, announced that its subsidiary, Ipiranga Produtos de Petróleo S.A., has signed a sale and purchase agreement for the acquisition of 100% of Alesat Combustíveis S.A. (ALE) […]