Motiva Enterprises, LLC, is a fully owned affiliate of Saudi Refining Inc. and headquartered in Houston, Texas, United States with revenue of $24 billion during fiscal 2004. Previously, it was a 50–50 joint venture between Shell Oil Company (the wholly owned American subsidiary of Royal Dutch Shell), MariposaEnergy and ...
Saudi Aramco officially the Saudi Arabian Oil Company, most popularly known just as Aramco is a Saudi Arabian national petroleum and natural gas company based in Dhahran. Saudi Aramco's market value has been estimated at between $2 trillion and $10 trillion, making it the most ...
On January 1, 1989, Saudi Refining, Inc. purchased 50% of the Port Arthur refinery (and two others) from Texaco to form a joint venture with Texaco called Star Enterprise. In 2001, Texaco was purchased by Chevron. Shortly thereafter Chevron's interest in this refinery (and two others) was sold to Shell on February 13, 2002.
Saudi Refining, Inc. (SRI), with headquarters in Houston, is responsible for Saudi Aramco's downstream investments in North America. This includes ownership of Motiva Enterprises LLC, a leading refiner, distributer and marketer of petroleum products throughout the United States. Aramco Training Services Company ...
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Mar 16, 2016 ... Saudi Arabian Oil Company (“Saudi Aramco”) through its wholly owned Saudi Refining Inc. (“SRI”) subsidiary and Royal Dutch Shell plc (“Shell”), through its US downstream affiliate, announce today they have signed a non-binding Letter of Intent to divide the assets of Motiva Enterprises LLC. The Motiva ...
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Mar 6, 2017 ... Saudi Arabian Oil Co. will pay Royal Dutch Shell Plc $2.2 billion including debt to finalize the breakup of a 19-year refining partnership known as Motiva ... A former partner in Motiva, Chevron Corp., exited the partnership in 2002 as part of a settlement with regulators that allowed it to acquire Texaco Inc.
Mar 16, 2016. Saudi Arabian Oil Company ("Saudi Aramco") through its wholly owned Saudi Refining Inc. ("SRI") subsidiary and Royal Dutch Shell plc ("Shell"), through its U.S. downstream affiliate, announce today they have signed a non- binding Letter of Intent to divide the assets of Motiva Enterprises LLC. The Motiva ...