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...Its enterprise value will be $2.6bn....
...The 630,000 barrel-a-day Port Arthur refinery — the country’s largest — was shut down until it was safe to resume operations, owner Motiva Enterprises said....
...Refineries in Lake Charles owned by Phillips 66 and Citgo Petroleum were halted, as were others in Texas owned by Motiva Enterprises, ExxonMobil, Valero Energy, Total and Chevron, S&P said....
...The affected refineries included North America’s largest, Motiva Enterprises’ 630,000 b/d plant at Port Arthur, as well as Citgo’s 425,000 b/d refinery at Lake Charles, S&P said....
...Some investments are likely to continue, including the acquisition of a stake in the refining and chemicals business of India’s Reliance Industries, expansion plans at its US refining subsidiary Motiva Enterprises...
...Shell said on Tuesday it is due to receive $2.2bn from Saudi Aramco as part of the break-up of Motiva Enterprises, their US joint venture, with the Saudi company then taking full ownership of the Port Arthur...
...read the headline of an article by the Center for Public Integrity, citing Venezuela’s Citgo and Motiva Enterprises, the latter of which it said was “half-owned” by Saudis....
...Saudi Aramco, the state oil company, owns half of Motiva Enterprises, a US refinery joint venture that it helps to supply....
...Sears Holdings Corp: will match customer donations up to $500,000 for a potential total contribution of $1m Shell Oil Co. and Motiva Enterprises: $2m....
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