VOL. XLIV
No 38
17-September-2001
SAUDI ARABIA
Shell And SRI Ready For Discussions On Purchase Of TexacosEquilon/Motiva Assets
Shell Oil, the US arm of RoyalDutch/Shell, and Saudi Refining Inc (SRI), an affiliate of Saudi Aramco, announcedon 9 September that they were ready to discuss the purchase of certain Texacoassets covered in the forthcoming Chevron/Texaco merger. On 7 September the USFederal Trade Commission (FTC) approved a consent order that will allow themerger to proceed, subject to...
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