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Saudi Aramco News
Saudi Aramco looking to buy stake in existing Indian refineries
Sat, Feb 24, 2018
The company has signed an agreement to initiate talks for a possible stake in the proposed Rs 1.8 lakh crore refinery in Maharashtra
Saudi Arabia changes Aramco status to joint-stock company: official bulletin
Fri, Jan 05, 2018
The sale of around 5 percent of Aramco, expected to go ahead in 2018, is a centrepiece of Vision 2030, a reform plan to reduce the dependence of the Saudi economy on oil.
Russian Rosneft's $12.9 billion Essar Oil deal held up over debt issues
Thu, May 11, 2017
Sources said some lenders might be seeking to gain concessions on other debt with Essar units before giving their approval.
Saudis take 100% control of America's largest oil refinery
Tue, May 02, 2017
Port Arthur is considered the crown jewel of the US refinery system. The Gulf Coast facility can process 600,000 barrels of oil per day, making it the largest refinery in North America, CNNMoney reported.
Saudis, oil majors discuss gas investments ahead of giant IPO
Tue, Apr 11, 2017
Officials of Saudi Arabia have explored investment opportunities with firms including BP and Chevron to help develop its gas reserves.
Indian Oil expects crude processing to edge up in 2017-18 despite maintenance work at some plants
Tue, Feb 07, 2017
Indian Oil Corporation has said that its crude processing for 2017-18 will inched up despite planned maintenance at some plants.
Saudi Arabia to sell 49% of Aramco within decade: Report
Sun, Dec 25, 2016
Saudi Arabia plans to sell up to 49% of its oil giant Saudi Aramco within 10 years as the world`s largest crude exporter tries to lower its deficit, local media said on Saturday.
Saudi Aramco keen to market fuels in India, says oil minister
Fri, Jun 03, 2016
India is looking at ways to help the world's top oil exporter, Saudi Aramco, enter into the local fuel retail sector.