VOL. XL
No. 29
21-July-1997
SAUDI ARABIA
Shell Oil, Texaco And Aramco To Merge Refining Business In US East And Gulf Coast
Shell Oil Company, Texaco and Saudi Aramco on 16 July signed a memorandum ofunderstanding (MOU) to merge their US refining and marketing businesses in the UnitedStates East and Gulf Coast regions. The deal will complement the Shell-Texaco agreementannounced last March to combine major elements of their Midwestern and Western US refiningand marketing activities and their...
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