Saudi state giant is eying almost 900,000 b/d of CDU capacity in the US oil capital.

Saudi Aramco has been identified as the leading contender to buy a refinery in Houston from locally-based (though Rotterdam-registered) refining and petrochemicals firm LyondellBasell. Lyondell is expected to announce the sale of its 268,000 b/d Houston refinery shortly, according to a Reuters report citing several sources. Aramco is reportedly leading the race to buy the refinery, with San Antonio,...