Page 19 - Saudi Aramco

Explained: Why RIL-Aramco deal could be a template for refinery sector

The big question is how far India has become a favoured destination for the oil refineries to uproot their investments from Europe and elsewhere to plug and play here

Moody's says Reliance's 20% stake sale to Saudi Aramco credit positive

The company also announced that it has entered into a deal with BP to sell 49 per cent stake in its fuel marketing business in India for $1 billion

What makes India a hotspot for Saudi Aramco, Adnoc, other global oil firms

Experts say local demand, government policies in retail and refining sector are attracting foreign players

Saudi Aramco remains world's most profitable company even as oil falls

Aramco plans to buy a stake in the refining and chemicals business of Reliance Industries Ltd as it seeks buyers for its crude and diversification downstream

Top 10 business headlines: Aramco's RIL stake buy, angel tax relief & more

From Anil Agarwal pulling out of race for acquiring grounded Jet Airways to poorer states scoring big in GST mop-up, here are the top business headlines on Tuesday

Saudi Aramco to acquire 20% stake in RIL's oil-to-chemical business

Partnerships with Aramco, BP will bring in Rs 1.1 trillion; funds to be used to pare debt

Saudi Aramco interest in Reliance Industries upstages PSU mega refinery

The oil-to-chemicals division of RIL comprises refining, petrochemicals, and fuel marketing businesses

Aramco deal more to secure crude supply than deleveraging: RIL officials

The O2C business has been the cash churner for RIL, say senior company officials

Reliance Industries to earn $990 mn in fuel retail deal with UK's BP Plc

Aramco agreed to buy a 20% stake in Reliance's oil refining and petrochemicals division

Saudi Aramco's H1 2019 net income slips to $46.9 bn on lower oil prices

The fall in income, owing to lower oil prices, comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing

Saudi oil firm Aramco's valuation gap persists even as IPO talks resume

Prince Mohammed put a $2 trillion valuation on the state company in early 2016 when he first proposed a share sale to diversify Saudi Arabia's economy beyond oil

Govt raises cost of refinery project with Aramco by 36% to $60 bn: Report

The project cost at the signing of a deal with Saudi Aramco in 2018 was pegged at $44 billion

Aramco to buy Shell's stake in Saudi refining JV for $631 million

Aramco aims to become a global leader in chemicals and the world's largest integrated energy firm, with plans to expand its refining operations and petrochemical output

India should be wary of getting too cosy with Saudi Aramco

The country is already too reliant on imported crude. Cozying up to the Middle Eastern giant will only make matters worse

Aramco in talks for 25% of Reliance's refining, petrochemical units: Report

A minority stake sale could fetch around $10 billion to $15 billion, valuing the Indian company's refining and petrochemicals businesses at around $55 billion to 60 billion, the report said

Saudi Aramco receives more than $60 billion in orders for bond debut

As part of its debut in the global debt market, Aramco has offered bonds in six portions, from three to 30 years, according to the people familiar with the matter

Forget Apple or Exxon, Saudi Aramco was the most profitable company in 2018

The credit rating, a first for Aramco, offers the first glimpse into the accounts of the company, which have remained secret since its nationalization in the late 1970s

Maharashtra to move planned Saudi Aramco refinery after farmers protest

Refinery will be built at a place where local population won't oppose the project, says Chief Minister Devendra Fadnavis.

Maharashtra puts land purchase for Saudi Aramco's $44-bn refinery on hold

The $44 billion refinery was seen as a game changer for both parties - offering India steady fuel supplies and meeting Saudi Arabia's need to secure regular buyers for its oil

Saudi Aramco eyes $150-bn gas investments over next decade, says CEO

Nasser also said Aramco plans to invest $100 billion over the next 10 years in chemicals globally