Downstream keeps cash flowing to protect Shell’s dividend
Jan 26th, 2017
by John Donovan.


EXTRACT
The latest disposal came on Sunday with the $820m sale of Shell’s stake in a Saudi Arabian petrochemicals joint venture to Saudi Basic Industries. This followed a $1.4bn withdrawal last month from the Showa Shell refining joint-venture in Japan. A further break-up is being negotiated with Saudi Aramco over their Motiva US refining JV.
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Posted in: John Abbott, Motiva, Oil, Royal Dutch Shell Firesale, Royal Dutch Shell Plc, Saudi Aramco.
Tagged: Oil · Royal Dutch Shell Plc · Shell