VOL.XLIII/XLIV

No.52/ No. 01

25-Dec.-2000/1 Jan. 2001

SAUDI ARABIA

Shell And Saudi Aramco Plan To Buy Texaco Shares In US Downstream Operations

Royal Dutch/Shell and Saudi Aramco have drawn up a plan to buy out Texaco Inc, their partner in the Motiva refining and marketing joint venture in the eastern US, Paul Skinner, Shells Group Managing Director and ChiefExecutive, Oil Products, said on 19 December. Shell and Texaco are also partners in the Equilon refining and marketing operation created in...