Saudi Aramco, Shell plan to break up Motiva, divide up assets

Saudi Aramco, Shell plan to break up Motiva, divide up assets

Shell branding is seen at a petrol station in west London, January 29, 2015. REUTERS/Toby Melville

Royal Dutch Shell and Saudi Aramco announced plans on Wednesday to break up Motiva Enterprises LLC in a deal that ends a partnership of nearly two decades and hands control of the biggest U.S. refinery to the Saudi state oil giant.

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