Aramco faces tough talks with partner Shell over split of US refining JV Motiva. Progress in Indonesia and Korea and talks in China suggest a further shift east.

Saudi state petroleum giant Aramco has equity in 2.4mn b/d of overseas refining capacity in addition to the 2.9mn b/d the company and its partners operate within the kingdom. While Aramco’s domestic refining operations are proceeding smoothly, overseas plans are in flux.

Indications emerged this week of a potential problem...