Thursday 18 April 2024
 
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Motiva

Aramco unit signs $10bn tech deals with US firms

Motiva Enterprises LLC, a wholly-owned downstream oil and gas subsidiary of Saudi Aramco, has signed technology agreements worth between $8 billion to $10 billion with US companies Honeywell UOP LLC and TechnipFMC plc. The signing

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Aramco unit signs $10bn tech deals with US firms

Motiva Enterprises LLC, a wholly-owned downstream oil and gas subsidiary of Saudi Aramco, has signed technology agreements worth between $8 billion to $10 billion with US companies Honeywell UOP LLC and TechnipFMC plc. The signing

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Aramco, Shell finalise deal to separate Motiva assets

Saudi Aramco has finalised with Royal Dutch Shell the execution of definitive agreements to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises joint venture. The discontinuation of the joint ven

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Saudi Aramco in lead to buy Lyondell's US refinery

Saudi Aramco and its US refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries’ Houston refinery, according to three sources familiar with the matter. An announcement of the sale by Lyondell

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Motiva split lets Aramco, Shell to pursue ambitious goals

The breakup of Royal Dutch Shell's and Saudi Aramco's giant US 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

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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

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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

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Aramco JV puts off giant refinery overhaul to 2015

Motiva Enterprises, a joint venture between Royal Dutch Shell and Saudi Aramco, has rescheduled a planned overhaul of a 200,000-barrel-per-day crude distillation unit at its Port Arthur, Texas, refinery until 2015. This is the sec

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Saudi halts Motiva oil shipments

Saudi Arabia has halted crude oil deliveries to the newly expanded portion of Motiva's Port Arthur, Texas refinery after a massive crude oil unit was shut down for months due to corrosion problems, an industry source said. Shipments of

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Shell-Aramco JV completes $10bn expansion

Royal Dutch Shell and Saudi Aramco have unveiled the $10 billion expansion of their joint-venture Motiva Enterprises Texas Gulf Coast refinery as it neared its top capacity, taking the crown as the largest in the US. 'This ambitious ex

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