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Tag Archives: Abdulrahman F Al-Wuhaib

Saudi Aramco, Shell to break up US joint venture

Shell and Saudi Aramco have announced plans to break up Motiva Enterprises LLC and divide up the assets, almost two decades after forming the US oil refining and marketing joint venture. The split comes after early signs of the break-up emerged last summer when Motiva set up its own oil products trading business separate from Shell. In the proposed division ...

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