by Oil giant Shell has announced that Saudi Aramco has bought up its 50% interest in the Shell Saudi Arabia (Refining) Limited’s (SASREF) joint venture in Jubail Industrial City.
The deal has been agreed for more than £500 million.
Shell said the completion of the deal is contingent on “receipt of all necessary regulatory consents”.
The acquisition is understood to support Saudi Aramco’s longer term plan to increase the “complexity and capacity” of its refineries, as part of its downstream growth strategy.
Shell said the sale was “part of an ongoing effort integrating its refining portfolio with Shell Trading hubs and chemicals operations”.
The refinery has a capacity of 305,000 barrels per day.
The main products are liquefied petroleum gas, naphtha, kerosene, diesel, fuel oil and sulphur.
Abdulaziz Al-Judaimi, Saudi Aramco’s senior vice president of Downstream, said in April: “The partnership with Shell has led to a strong record of performance and delivery of refined products.
“Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.”
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
