Wednesday, September 2, 2026

Saudis to take Ownership of Largest U.S. Refinery

From FuelFix Saudi Aramco will take sole ownership of the nation’s largest oil refinery in Port Arthur within the next three months. Royal Dutch Shell and state-owned Saudi Armco announced late Monday they’ve successfully negotiated the dissolution of their two-decade joint venture, Houston-based Motiva Enterprises, which owns three refineries in Texas and Louisiana, including the massive Port Arthur Refinery. The

Deal Ends Kirkuk Oil Dispute, For Now

From Stratfor A dispute between Kurdish factions over sharing Kirkuk province’s oil is over for now, but the issue of how to divide Iraq’s petroleum riches lingers. On March 8, an agreement between the Iraqi government in Baghdad and the Patriotic Union of Kurdistan (PUK), one of the autonomous region’s main Kurdish political parties, was announced, according to Reuters. The