- Petrobras (PBR -0.4%) says it has shut down its Repar refinery, which accounts for ~10% of Brazil's crude oil processing, to repair damage from a fire that damaged the plant last week.
- PBR says the outage would not affect fuel supplies, but it is already struggling with a refining shortfall and can ill afford to lose processing capacity for any extended period without further hurting its finances.
- The union representing workers at the refinery posted images of the damaged unit; workers are voting on a potential strike over unsafe conditions at the refinery in the wake of the fire.
Petrobras shuts down key refinery in wake of fire
Dec 6 2013, 15:11 ET