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2017 Media Releases

  • 03/07/2017 Signing of binding definitive agreements on the separation of Motiva

    The Hague, Netherlands, March 6, 2017 /PRNewswire/ -- Royal Dutch Shell plc ("Shell") today announces the signing of binding definitive agreements between SOPC Holdings East LLC (a U.S. downstream subsidiary of Shell) and Saudi Refining Inc. ("SRI") (a wholly owned subsidiary of Saudi Arabian Oil Company ("Saudi Aramco")) on the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva"), a 50/50 refining and marketing joint venture.

  • 03/06/2017 Saudi Aramco and Shell Finalize Agreement to Separate Motiva Assets

    Dhahran, March 6, 2017 -- Saudi Arabian Oil Company ("Saudi Aramco") finalized with Royal Dutch Shell plc (“Shell”) the execution of definitive agreements to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC (“Motiva”) joint venture.

  • 03/06/2017 Affiliates of Saudi Aramco and Shell achieve significant milestone toward separation of Motiva assets

    Houston, March 6, 2017 /PRNewswire/ -- Saudi Arabian Oil Company ("Saudi Aramco") and Royal Dutch Shell plc ("Shell") announce today the signing of binding definitive agreements between Saudi Refining, Inc. ("SRI") (a wholly owned subsidiary of Saudi Aramco) and SOPC Holdings East LLC (a U.S. downstream subsidiary of Shell) on the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva").

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