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Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

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 April 2019 9:07 AM IST

Reliance Industries chairman Mukesh Ambani.

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...

18 April 2019 5:04 AM IST

Reliance Industries limited

Aramco in talks for 25 pc of Reliance's refining, petrochemical units:...

A minority stake sale could fetch around USD 10 billion to USD 15 billion.

17 April 2019 9:20 AM IST

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.

Saudi Aramco breaks record as demand for its bond tops USD 85 billion

Aramco was expected to raise around USD 10 billion from the deal.

9 April 2019 2:09 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Saudi Aramco world's biggest oil producer in 2018: Fitch

Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom's wealth fund for USD 69.1...

1 April 2019 9:53 AM IST

The source confirmed a report by a Washington Post columnist that the administration will terminate the sanctions waivers it had granted to some importers of Iranian oil late last year. (Representational Image)

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

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 IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

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

IOC has signed separate annual contracts with Norway's Equinor and Algeria's Sonatrach to buy 4.6 million tonnes of US...

18 May 2019 5:40 PM IST

Devendra Fadnavis

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)...

20 Jun 2019 10:02 AM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

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

The plan has faced delays as farmers refused to surrender land, forcing the Maharashtra government to find a new...

26 July 2019 9:25 AM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

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

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 IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

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...

16 Aug 2019 6:00 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

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

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 IST