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Thursday, December 4, 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

My grandmother saved her children in Bhopal gas tragedy—and sacrificed her own life

‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.

India’s Russian oil imports are showing up in cryptic new places. The crude map stands redrawn

December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.