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Tag: Joint Ventures

The Dissolution of Motiva Enterprises, the Third Largest Oil & Gas Refiner on the Gulf Coast

Posted on August 10, 2017August 16, 2017 by Ben Perry

Motiva Enterprises LLC (“Motiva”) is a joint venture between Royal Dutch Shell PLC (“Shell”) and Saudi Arabian Oil Company (“Saudi Aramco”), through its subsidiary, Saudi Refining Inc.1 The joint venture was formed in 1998 and became a 50/50 joint venture between Saudi Aramco and Shell in 2002 when Chevron Corp. exited the venture as part…

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