News Headline Summary

Petrobras has enlisted Citigroup to shop its Houston area refinery to help fund offshore drilling back in Brazil according to sources

- Selling the refinery will likely result in a loss for the company, which paid nearly USD 1.2bln for the facility.

Analysis details (09:48)

- Refinery has a capacity of 100,000 BPD.

28 Nov 2012 - 09:46 - Equities - Source: Newswires

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