Friday, May 10, 2024 | Last Update : 12:13 PM IST

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Saudi Arabia says oil output hit by drone attack to be restored by September end

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

Saudi assures India of no oil supply shortage: Oil Min

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

Saudi Aramco tells Indian refiner it will get oil: source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday.

16 Sep 2019 8:47 AM

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

09 Sep 2019 12:13 PM

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Aramco Trading sells first US West Texas Light crude to Hyundai: sources

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

Fitch Ratings raises Reliance's outlook to positive

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

Saudi Arabia to regain India's top oil supplier spot after Reliance deal

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

RIL shares zoom to decade high after company announces plan to turn debt-free

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

Reliance choose tech for growth; super-fast internet coming next month

The cloud services partnership with Microsoft Corp underscores Ambani’s ambitions to go toe-to-toe with Amazon.

13 Aug 2019 10:35 AM

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Saudi Aramco says H1 2019 net income slips to USD 46.9 billion

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 to be zero-net debt company in 18 months: Ambani

Reliance will induct leading global partners in (telecom arm) Jio and Reliance Retail in the next few quarters.

12 Aug 2019 1:05 PM

India to relax rules for entry into fuel retail sector: source

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

India looking at cutting west coast refinery capacity as cost escalates to USD 60 bn

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

Saudi's Falih says Reliance-Aramco talks on Indian refinery stake continue

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

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Maharashtra identifies site for Saudi Aramco, ADNOC's refinery

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

Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July

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

Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July

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

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

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

Aramco lines up big plans for India

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

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