The article reports that there are ongoing talks between Chevron and Petrobras regarding the acquisition of the PRSI Refinery in West Texas. As it seems, Petrobras has been eager to sell the refinery in order to meet their asset divestment plan by the end of the year and Chevron has been looking to acquire such infrastructure in that region, as it wants to make it’s West Texas operations more efficient.
https://www.hydrocarbons-technology.com/news/chevron-talks-purchase-petrobras-texas-refinery/