Petrobras Refineries to Cost More on Steel Prices, Estado Says (Bloomberg.com)

3 July 2008, 4:14 am

July 3 (Bloomberg) -- Petroleo Brasileiro SA , Brazil's state-controlled oil company, will have to invest more than initially planned to build two new refineries after the price of steel increased, Agencia Estado reported, citing Pedro Jose Barusco Filho, manager of engineering at Petrobras.... read more

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