Cash-Strapped Saudi's Reshaping Itself
“This partnership made sense when it was formed but things have changed and the market conditions have changed, so it makes sense for this partnership to be dissolved,” Auers said.
Saudi Aramco, Shell to Break Up 18-Year U.S. Refining Marriage
Royal Dutch Shell Plc and Saudi Arabian Oil Co. are ending an 18-year refining partnership as the Anglo-Dutch titan prepares to sell billions of dollars of assets and the Middle East nation’s state oil company weighs an initial public offering.
" It makes fundamental sense.”