Saudi Arabia’s financial woes mean it’s squeezing cash cow Aramco

Saudi Arabia’s financial woes mean it’s squeezing cash cow Aramco

The world’s largest oil firm is getting squeezed by its most important shareholder, the Saudi Arabian authorities. Even with crude dropping under $40 a barrel this week and its money … Read More

Aramco still aims for $15 billion deal with India’s Reliance

Aramco still aims for $15 billion deal with India’s Reliance

Saudi Aramco stated it’s nonetheless engaged on a deal to purchase a $15 billion stake in Reliance Industries Ltd.’s refining and chemical compounds enterprise, at the same time as decrease … Read More

Reliance overtakes ExxonMobil to become world’s second largest energy company

Reliance overtakes ExxonMobil to become world’s second largest energy company

Reliance Industries Ltd., managed by Asia’s richest man, toppled ExxonMobil Corp. to develop into the world’s largest vitality firm after Saudi Aramco, as buyers piled into the conglomerate lured by … Read More

Shareholders to pay 25% for subscribing to Reliance Industries’ Rs 53,125 crore rights issue now

Shareholders to pay 25% for subscribing to Reliance Industries’ Rs 53,125 crore rights issue now

Reliance Industries shareholders must pay solely 25 per cent for subscribing to the corporate’s mega Rs 53,125-crore rights concern, and the stability must be paid in two installments in May … Read More