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ARAMCO GAS DIVISION
Saudi Aramco plans reorganisation to create gas division, sources sayAramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...- Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
- Stocks in news: L&T, Tata Capital, Ambuja Cements, Suzlon Energy, RVNLIndian stock markets closed lower on Tuesday after early gains faded. Larsen & Toubro and Tata Capital reported strong profit growth for th...
- Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
- L&T likely to sustain momentum on bourses given a strong order momentumThe stock of Larsen & Toubro has gained 11% over the past three months compared with the 7% gain in the S&P BSE Capital goods index. The ou...
- Reliance Industries could turn into a holding company: CreditSightsReliance Industries, India's largest company, may transform into a holding company with majority stakes in independent entities, according ...
- L&T hits lifetime high on likely Aramco order winThe order win from Saudi Aramco is reportedly for the second expansion phase of its Jafurah unconventional gas production project, and will...
- Expect Reliance to beat or meet Street estimates in Q3: Sanjiv Bhasin“I would expect very strong numbers and even the guidance being stronger given that GRMs are near a seven-year high. Secondly, their petche...
- Saudi Aramco splits its gas business amid expansion in chemicalsSaudi Arabia's state-run energy firm is splitting its gas production division in two, as the fuel becomes increasingly important for expand...
- A possible Saudi Aramco appointment on Reliance board triggers buzz over $15 billion dealBillionaire Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, wh...
- RIL's O2C hive-off aimed at attracting marque investorsNEW play Conglomerate a step closer to unlocking value after getting big investments in Jio
- Planned stake sale to Saudi Aramco not progressed as per timelines, says Mukesh Ambani"We value our two-decade relationship with Aramco and are committed to a long-term partnership," Ambani said at Reliance Industries' annual...
- Reliance to hive off $75 bn O2C business into separate unit for sale to AramcoAfter the approval, the oil-to-chemical (O2C) business will become a separate vertical with independent balance sheet just like the conglom...
- Total to buy 37.4% stake in Adani GasIndia has set the ambitious target of increasing the share of natural gas in its energy mix to 15 per cent by 2030.
- Credit Suisse reverses stance, upgrades RIL on debt cut planIn a post-AGM report on August 13, Credit Suisse had left rating and target price for shares unchanged.
- RIL to sell 20% in oil-to-chemicals unit to Aramco at $75-B enterprise valueTectonic shift group junks go-it-alone strategy, plans to forge partnerships with global giants for major businesses among india’s largest ...
- D-St cheers RIL announcements, expects stock to see a bump-upThis is arguably India's largest-ever FDI inflow, said Ajay Bodke, Prabhudas Lilladher.
- RIL announces one of India's biggest FDI deals; Saudi Aramco to pick 20% stake in its OTC bizAramco to supply 5,00,000 barrels per day of crude oil to Jamnagar Refinery.
- Essar Projects inks deal with Saudi firm Mohammed Al-Mojil Group for construction servicesThis will include Saudi Aramco's 400,000 barrels per day Jazan refinery, which is expected to be the mainstay of a new economic city.
- PE bid for Dow may ruin RIL's plansRIL is in the midst of hectic negotiations with the US based, Dow Chemicals for a possible joint venture.
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