Page 6 - Saudi Aramco
Reliance, Aramco called off $15-bn deal amid valuation differences: Report
Talks broke down over how much Reliance's O2C business should be valued as the world seeks to move away from fossil fuels and reduce emissions, say sources
 "Reliance, Aramco called off $15-bn deal amid valuation differences: Report")
Reliance credit quality not impacted by Aramco decision: Moody's
The reevaluation of the decision to sell a 20% stake in Reliance Industries Ltd's oil-to-chemical business to Saudi Aramco will not impact the firm's credit quality, Moody's Investors Service said
 "Reliance credit quality not impacted by Aramco decision: Moody's")
Explained: Why does India fail to attract foreign investments in oil & gas?
The scenario reflects the larger uncertainties in global fossil fuel investments and India's whimsical policy environment
 "Explained: Why does India fail to attract foreign investments in oil & gas?")
Covid LIVE: Europe could face another 700k deaths by next spring, says WHO
WHO Europe called on people to get vaccinated and respect proper hygiene and practice social distancing to help stop the spread of the virus
 "Covid LIVE: Europe could face another 700k deaths by next spring, says WHO")
Aramco eyes new investments in India after Reliance scraps $15-bn deal
Aramco had signed a non-binding letter of intent in August 2019 for a potential 20% stake in Reliance's oil-to-chemicals unit valued at about $15 billion
 "Aramco eyes new investments in India after Reliance scraps $15-bn deal")
Aramco deal collapse hits RIL shares, market cap loss at Rs 72,000 cr
Analysts said market was factoring in a full $75 bn valuation for O2C segment. Irrespective of the refining and petrochem cycle, the key catalyst for the market was Aramco deal closure
Sensex, Nifty tank 2% each amid broad-based sell-off; India VIX hits 17
Broader indices suffer deeper cuts; SmallCap index declines 3%; RIL sinks 4% after calling off deal with Saudi Aramco
 "Sensex, Nifty tank 2% each amid broad-based sell-off; India VIX hits 17")
Reliance Industries slips 4% on calling-off Saudi Aramco deal
Saudi Aramco was suppose to acquire 20 per cent stake in Reliance's oil to chemicals (O2C) business
Aramco deal on backburner a minor setback; buy RIL on dips: Analysts
RIL shareholders had recently passed a resolution in October to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to the conglomerate's board
 "Aramco deal on backburner a minor setback; buy RIL on dips: Analysts")
A better balance sheet, green plans behind RIL's change of tack for oil biz
RIL and Saudi Aramco signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake acquisition by Saudi Aramco in the O2C business of Reliance.
A better balancesheet, green plans behind RIL's change of tack for oil biz
RIL now plans to take in partners in its new energy and specialty chemical businesses which means its subsidiaries will take different directions based on their requirement for technology tie-ups
 "A better balancesheet, green plans behind RIL's change of tack for oil biz")
RIL, Saudi Aramco decide to re-evaluate proposed investment in O2C biz
RIL withdraws application to separate Oil to Chemicals business
RIL reboots Aramco deal, to re-evaluate structure after new energy forays
The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months
ONGC, Saudi Aramco sign feedstock and marketing MoU
Public sector oil and gas explorer Oil and Natural Gas Corporation Limited has inked a Memorandum of Understanding with world's largest oil company Saudi Aramco
 "ONGC, Saudi Aramco sign feedstock and marketing MoU")
Saudi Aramco net income surges 160% on rise in oil price, demand
Aramco shares were up 1 per cent in early trade after the company disclosed its results
 "Saudi Aramco net income surges 160% on rise in oil price, demand")
Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge
CEO Amin Nasser describes the company's third-quarter results as "exceptional.
 "Saudi Aramco sees third-quarter income rise to $30.4 bn on oil price surge")
Top headlines: RIL shareholders approve Saudi appointment; setback for Zee
Business Standard brings you the top stories from today
 "Top headlines: RIL shareholders approve Saudi appointment; setback for Zee")
RIL shareholders pass resolution to add Saudi Aramco chairman as director
A little over 98% of the total votes polled on the resolution were in favour of Al-Rumayyan's addition, Reliance said in a statement
PM Modi meets global oil executives, urges to boost local production
Modi listed the upstream oil and gas reforms undertaken in the last seven years
 "PM Modi meets global oil executives, urges to boost local production")
Reliance Industries looks at global tie-ups in renewables, says report
Ballard Power could be one of potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage
