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Thursday, November 13, 2025
TopicSaudi Aramco

Topic: Saudi Aramco

Why Saudi Aramco is overpaying for a mere 20% stake in Mukesh Ambani’s Reliance Industries

Saudi Aramco is happy to pay a rich price for Reliance as India is likely to soon overtake the US as the world’s biggest net importer of crude.

Mukesh Ambani looks to slash $22 billion of Reliance debt with Aramco, BP deals

Mukesh Ambani told shareholders that Reliance Industries aims to be a zero-net-debt company in 18 months.

Saudi Aramco to buy major stake in Mukesh Ambani’s Reliance oil, chemicals unit

The deal, which is the biggest foreign investment in Reliance’s history, will cover all of the company's refining & petrochemical operations.

Rebel attack on Saudi pipeline highlights risk to Middle East oil exports

Tuesday's drone attack on Saudi pipeline underlines the risks crude oil faces as US-Iran tensions spike.

India should be cautious of Saudi Aramco’s interest in Reliance refinery for a few reasons

India has a dangerous addiction to imported crude, and it should be wary of getting too cozy with its dealer.

Reliance considering to sell 25% of refinery business to Aramco and Adnoc

Mukesh Ambani’s Reliance Industries Ltd. could fetch at least $10 billion in the refinery business deal, according to sources.

Adnoc announces a 2-million barrel cargo of oil destined for Ratnagiri refinery

Abu Dhabi National Oil Company intends to store 5.86 million barrels of crude at the Ratnagiri refinery. India is targeting support from both Saudi Aramco and Adnoc for the $44 billion Ratnagiri project.

On Camera

Trump stoked the Epstein scandal. It’s come back to bite him

The disgraced financier also seemed to allege in documents that Trump kept company for hours with one of Epstein’s victims.

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.