Petrobras (PBR) , a Brazil-based oil and gas company, has shifted its strategic direction by halting the sale of its refineries, a move coordinated with the country's antitrust regulator. This decision reverses a plan announced five years ago to sell a total of eight refineries, of which three had already been sold. The change comes amid increasing governmental pressure to expand operations, create jobs and stimulate the Brazilian economy.The Initial Plan: Divestment of RefineriesBackground of the Divestmen ...