Riyadh pumps some 9.9 million barrels per day (bpd) of which around 7.0 million bpd are exported, mostly to Asian markets.
18 Sep 2019 8:52 AM
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia's Aramco has driven up oil prices.
16 Sep 2019 7:17 PM
Aramco has lost half of its production capacity after attacks on its facilities on Saturday.
16 Sep 2019 8:47 AM
Aramco is
10 Sep 2019 1:47 PM
Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.
09 Sep 2019 12:13 PM
ATC is key to Saudi Aramco’s strategy as it expands its refining and petrochemical operations to boost global sales.
28 Aug 2019 1:02 PM
Revision in the outlook follows RIL announcing plans to sell a 20 pc stake in its oil-to-chemical division to Saudi Aramco.
16 Aug 2019 6:00 PM
A refinery in India can also be a base for it to export fuel to deficit countries in Europe and the Americas.
15 Aug 2019 12:53 PM
The scrip opened the day on a bullish note and jumped 12.09 per cent to Rs 1,302.50 on the BSE.
13 Aug 2019 12:57 PM
The cloud services partnership with Microsoft Corp underscores Ambani’s ambitions to go toe-to-toe with Amazon.
13 Aug 2019 10:35 AM
The fall in income comes amid renewed speculation the company was preparing for its much-delayed overseas stock listing.
12 Aug 2019 1:40 PM
Reliance will induct leading global partners in (telecom arm) Jio and Reliance Retail in the next few quarters.
12 Aug 2019 1:05 PM
Govt panel has recommended allowing marketing rights for sale of gasoil and aviation fuel with a net worth of 2.5 bn rupees.
08 Aug 2019 9:25 AM
Meeting stringent environment norms such as not producing petroleum coke, and relocation of the plant has jacked up the cost.
06 Aug 2019 6:25 PM
The plan has faced delays as farmers refused to surrender land, forcing the Maharashtra government to find a new location.
26 Jul 2019 9:25 AM
The refinery was initially proposed to be built at Nanar, a village in Ratnagiri district, some 400 kms (250 miles) south of Mumbai.
20 Jun 2019 10:02 AM
India had bought about 300,000 barrels per day (bpd) of Iranian oil under the six-month US sanctions waiver.
19 May 2019 9:56 AM
IOC has signed separate annual contracts with Norway’s Equinor and Algeria’s Sonatrach to buy 4.6 million tonnes of US oil.
18 May 2019 5:40 PM
The purchase is part of Aramco’s strategy to expand its downstream operations, will be completed later this year.
22 Apr 2019 9:07 AM
The refinery will be among the world’s largest refining and petrochemicals projects will be able to process up to 1.2 million barrels of crude a day.
18 Apr 2019 5:04 AM