Sunday, January 5, 2025
Giant Aramco - oil and gas 360

Saudi Aramco still aims for $15bn investment in India’s Reliance

Arabian Business  Saudi Aramco said it’s still working on a deal to buy a $15 billion stake in Reliance Industries Ltd.’s refining and chemicals business, even as lower oil prices forces it to slash investment spending. Reliance’s shares fell in mid-July after chairman Mukesh Ambani said a transaction had been delayed “due to unforeseen circumstances in the energy market and