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Exxon Mobil (XOM -1%) and Saudi Arabia’s state-controlled oil company Aramco announce a...

  • Monday, November 26, 2012, 12:38 PM ET
    Exxon Mobil (XOM -1%) and Saudi Arabia’s state-controlled oil company Aramco announce a major maintenance shutdown at the Yanbu refinery in March and April in order to bring a new clean-fuel project online. Yanbu, the world's largest single-train crude oil refinery, processes ~400K bbl/day of Saudi crude oil, half of which is consumed domestically.
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