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Saudi Aramco’s global trading arm has bought US firm Motiva Trading and has also launched a Texas-based subsidiary – Aramco Trading Americas. The new entity will be the sole supplier and ‘offtaker' of Motiva Enterprises, the owner of North America’s largest oil refinery with a crude capacity of 630,000 barrels a day of consumer and commercial grade fuels and base oils.

Saudi Aramco increases access to North America’s largest oil refinery as it launches new US subsidiary

Saudi Aramco’s global trading arm has bought US firm Motiva Trading and has also launched a Texas-based subsidiary – Aramco Trading Americas. The new entity will be the sole supplier and ‘offtaker’ of Motiva Enterprises, the owner of North America’s largest oil refinery with a crude capacity of 630,000 barrels a day of consumer and commercial grade fuels and base oils.

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