Could one of the energy industry’s longest-running on-again, off-again romances be catching fire again? Saudi Arabian Crown Prince Mohammed bin Salman seems to think so.
“There are discussions happening right now about a 1 per cent acquisition by one of the leading energy companies in the world” in state-owned Saudi Arabian Oil Co, he said in a local television interview on Tuesday.
Prince Mohammed didn’t disclose which company might make the investment, but you don’t have to be a Jane Austen protagonist to work out the most likely partner. Reliance Industries Ltd, owner of the world’s biggest oil
“There are discussions happening right now about a 1 per cent acquisition by one of the leading energy companies in the world” in state-owned Saudi Arabian Oil Co, he said in a local television interview on Tuesday.
Prince Mohammed didn’t disclose which company might make the investment, but you don’t have to be a Jane Austen protagonist to work out the most likely partner. Reliance Industries Ltd, owner of the world’s biggest oil