Petrobras Considering Two New Refineries in Brazil

CORDOBA, ARGENTINA--May 23, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil) is studying the possibility of building a 500,000-barrel-per-day (BBL/d) refinery worth between $8 billion and $10 billion in Brazil.