Shell, Aramco U.S. refining breakup lets both pursue ambitious goals

By hellenicshippingnews The breakup of Royal Dutch Shell's and Saudi Aramco's giant U.S. refining joint venture draws a line under an often rocky relationship and allows Aramco to accelerate an ambitious public offering and Shell to push ahead with a large asset sale. The two energy giants' plan to dissolve Motiva Enterprises after a near […]

Published March 18, 2016

By LizOutLoud

By hellenicshippingnews The breakup of Royal Dutch Shell's and Saudi Aramco's giant U.S. refining joint venture draws a line under an often rocky relationship and allows Aramco to accelerate an ambitious public offering and Shell to push ahead with a large asset sale. The two energy giants' plan to dissolve Motiva Enterprises after a near 20-year partnership ... Read full story ›

Source:: Hellenic shipping news Oil

      

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