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Wednesday, October 1, 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

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.