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Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Aramco to buy 50 pc stake in USD 44 bn refinery in Maha: Saudi...

India is set to grant Saudi Aramco a 50 per cent stake in a planned 1.2 million-barrel-per-day (bpd) refinery on its...

11 April 2018 6:21 AM

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Ratnagiri refinery: Pradhan says open to offer majority stake to...

Saudi Aramco has reportedly sought majority ownership in the mega refinery-cum-petrochemical complex.

1 April 2018 12:28 PM

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

'Risk of terrorist attacks...': Saudi Aramco prospectus flags risks,...

Sources have said the company could sell 1 per cent-2 per cent on the Saudi stock market in what could be the world's...

10 Nov 2019 6:57 AM

Prime Minister Narendra Modi met with Saudi Arabia Crown Prince Mohammed bin Salman on the sidelines of the G20 summit in Buenos Aires. (Photo: Twitter | @narendramodi)

Saudi Arabia crown prince to visit India to discuss trade, energy...

Prince Salman will arrive in India on February 19 on his maiden trip to the country.

12 Feb 2019 11:32 AM

Reliance Industries limited

Moody's says Reliance stake sale to Aramco credit positive

RIL also entered a deal with BP to sell 49 pc stake in its fuel marketing business in India for USD 1 billion.

14 Aug 2019 6:21 AM

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Saudi Arabia considering long-term investments worth USD 100 billion...

Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an attractive investment destination for Saudi Arabia.

29 Sept 2019 9:35 AM

Saudi Arabia in 2017 rounded up dozens of royal family members, current and former senior officials in a crackdown on corruption that has also strengthened the power of Crown Prince Mohammed bin Salman. (Photo: File)

Saudi Crown Prince hosts Iraq PM for talks on oil attacks

US Secretary of State Mike Pompeo has also said there was no evidence the attacks were launched from Iraq.

26 Sept 2019 9:03 AM

Drone attacks targeted two major Saudi Aramco processing facility and oilfield in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of the sites before dawn. (Photo: File)

Saudi Arabia restores over 75 pc oil output, will return to full...

Thousands of employees and contractors have been pulled from other projects to work around the clock in bringing...

24 Sept 2019 3:23 AM

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the companys total output, the energy minister said on Saturday. (Photo: screengrab)

'If attack launched from Iran, will consider it act of war': Saudi...

Riyadh has rejected a claim by Yemen's Iran-aligned Houthi movement that it carried out the strikes.

22 Sept 2019 7:39 AM

Donald Trump. (Photo: ANI)

'Looks like Iran struck Saudi oilfields,' says Trump; Rules out...

But he stressed that military retaliation was not yet on the table in response to the strike against a key US Mideast...

17 Sept 2019 9:49 AM

On Friday, Trump had asked American companies to immediately start looking for an alternative to China, including shifting manufacturing of their products to the US after Beijing imposed additional tariffs on USD 75 billion worth of US goods. (Photo: AP)

No meeting scheduled with Rouhani: Donald Trump

On Saturday, air attacks targeted Abqaiq, site of largest oil processing plant run by Aramco and the Khurais oilfield.

17 Sept 2019 8:02 AM

Drone attacks targeted two major Saudi Aramco processing facility and oilfield in eastern Saudi Arabia Saturday, the Interior Ministry said, sparking a huge fire at one of the sites before dawn. (Photo: File)

Oil prices soar over 10 pc after drone attacks in Saudi cut output by...

Brent soared almost 20 per cent at one point on Monday, while WTI surged around 15 per cent before paring the gains.

16 Sept 2019 4:01 AM