VOL. XXXV
NO. 20
17-FEBRUARY-1992
Private Saudi Oil Group Acquires 50% Of Fina's US Refining And MarketingAssets
A private Saudi oil group, headed by prominent businessman Badr Mohammed Al-Aiban,signed in early February a final detailed letter of intent with Fina Inc., theAmerican subsidiary of Belgium's Petrofina, for the purchase of 50% of thelatter's refining and marketing assets in the US, MEES learns. Fina and theSaudi group will set up a 50-50 joint venture - to be known as Fina USA - to...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!