Saudi Arabia’s state oil group has agreed to pay almost £500 million to Royal Dutch Shell to buy it out of an oil refinery joint venture on the Gulf.
Saudi Aramco will buy Shell’s 50 per cent stake in the plant, ending a 30-year joint venture, as it expands its refining and petrochemical operations in a drive to become the world’s largest energy company.
Saudi Aramco is the world’s biggest oil company, pumping more than 10 million barrels per day last year. The acquisition, for $631 million, is due to complete later this year.
Email Sent To Prakken d’Oliveira by John Donovan, Sunday 10 December 2017
Oil firms could waste trillions if climate targets reached: report
Once again the conspiracy involved a shadowy man associated with Shell, said to be an MI6 agent. Not John Copleston or Guy Colgate of OPL 245 fame, but a spy from an earlier generation of British spooks – Stephan Kock – reportedly responsible for ordering assassinations.
HOUSTON, Dec 18 2016 (Reuters) – A malfunction on Saturday triggered flaring at Royal Dutch Shell Plc’s Norco, Louisiana, chemical plant, said a Shell spokesman.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
