VOL. XL
No. 12
24-March-1997
SAUDI ARABIA
Shell/Texaco Agree To Combine Parts Of US Operations;Negotiations Continue With Saudi Aramco
Shell Oil Company and Texaco announced on 18 March the signing ofa memorandum of understanding to combine the major elements of their midwestern andwestern US refining and marketing activities and their total US transportation, tradingand lubricants businesses. The new company will continue to market gasoline under both theTexaco and Shell brands through the...
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