Largest US oil refinery now under Saudi control

Saudi Arabian oil company Saudi Aramco will be sole owner of the US' largest refinery in Port Arthur after terminating a long-term collaboration with Shell.

Photo: Weatherford PR

Saudi Arabia's oil company Saudi Aramco has become the sole owner of the US' biggest oil refinery in Port Arthur, Texas after many years of sector collaboration with Royal Dutch Shell.

Royal Dutch Shell and Saudi Aramco established Motiva Enterprises back in 1998, a 50-50 joint venture, which controlled three refineries off the coast of the Mexican Gulf. The partnership has since dissolved, leaving the largest refinery in the United States under Saudi-Arabian control.

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