Saudis take 100% control of America's largest oil refinery
Port Arthur is considered the crown jewel of the US refinery system. The Gulf Coast facility can process 600,000 barrels of oil per day, making it the largest refinery in North America, CNNMoney reported.
Aramco previously owned 50% of Port Arthur through a joint venture co-owned with Royal Dutch Shell called Motiva Enterprises. Photo: Pixabay