Saudi Aramco
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Massive blaze at Saudi Arabia's Abqaiq refinery after drone strikes from Iraq | VIDEO
World | Jul 27, 2026, 11:58 PM ISTThe fire erupted at Saudi Aramco's Abqaiq refinery after drones were launched toward Saudi Arabia from Iraq. Several videos and satellite images are being shared on social media, showing the intensity of the blaze after the drone strike.
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14 killed in Saudi Aramco helicopter crash near Ras Tanura, probe underway
World | Jun 28, 2026, 05:48 PM ISTAt least 14 people were killed after a Saudi Aramco helicopter crashed in Ras Tanura on Sunday. The cause of the crash is not yet known, and authorities have launched an investigation into the incident.
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Saudi Aramco chasing $15 billion deal with Mukesh Ambani's Reliance: What we know
Business | Aug 10, 2020, 01:36 PM ISTSaudi Aramco is still chasing a deal to buy a $15 billion stake in Reliance Industries' refining and chemicals business, according to a Bloomberg report. While Aramco is a major supplier of crude to India, Reliance sells petroleum products, including gasoline, to the kingdom.
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Amid talks with Reliance, Saudi Aramco says focusing investments in high-growth India mkt
Business | Mar 22, 2020, 12:03 PM ISTThe world's biggest oil exporter Saudi Aramco has said it is focusing its downstream investments in high-growth nations such as India as it negotiates a deal to buy up to 20 per cent stake in Reliance Industries' USD 75 billion oil-to-chemical business. In its latest annual report, Aramco said it is looking at investment opportunities in high-growth markets as well as nations that rely on importing crude oil.
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Saudi Aramco flotation values oil giant at $1.7 trillion
Business | Nov 17, 2019, 03:03 PM ISTIt is short of the $2 trillion valuation that Crown Prince Mohammed bin Salman was reportedly keen to achieve.
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Saudi Aramco IPO lists RIL investment, expansion in India
Business | Nov 11, 2019, 02:56 PM ISTIn the 658 page prospectus launched on Sunday, Saudi Aramco highlighted its proposed investments in RIL in the column for proposed acquisitions.
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Saudi Aramco's IPO officially announced, MBS expects $2 trillion valuation
Business | Nov 03, 2019, 02:02 PM ISTAn announcement from the kingdom's Capital Market Authority serves as a starting gun for an IPO promised by Crown Prince Mohammed bin Salman since 2016.
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Saudi Aramco's IPO to begin this December: Saudi-owned TV
Business | Oct 29, 2019, 02:26 PM ISTFinal price for the stock will be set Dec 4, with shares then beginning to be traded on the Riyadh-based Tadawul stock market on Dec. 11. Saudi Capital Markets Authority will make a formal announcement about the IPO plans on Sunday.
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Petrol price jumps Rs 1.59/ltr, diesel Rs 1.31/ltr after Saudi attacks
Business | Sep 22, 2019, 11:55 AM ISTPetrol price was on Sunday hiked by 27 paise to Rs 73.62 a litre in the Delhi market -- the benchmark for national rates, according to a price notification by state-owned oil firms.
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Saudi assures India to meet all oil supply commitments
Business | Sep 20, 2019, 02:42 PM ISTPradhan spoke to his Saudi counterpart on phone on Thursday to discuss in details of its supply plan in the aftermath of a massive attack on the Kingdom's crude oil facilities that wiped out as much as 5 million barrels per day of output.
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US calls Saudi Aramco bombing Iranian 'act of war'
World | Sep 19, 2019, 08:17 AM ISTU.S. Secretary of State Mike Pompeo on Wednesday called the attack on Saudi Arabia’s oil installations an “act of war” against the kingdom by Iran, as the Saudis displayed missile and drone wreckage and cited other evidence they said shows the raid was “unquestionably sponsored by Iran.”
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Pompeo to visit Saudi Arabia, UAE amid tensions
World | Sep 18, 2019, 11:04 AM ISTPompeo will travel to the Saudi city of Jeddah and Abu Dhabi, the capital of the UAE, on September 17-19, the US State Department said on Tuesday.
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Rupee furthers loss by 18 paise as crude worries hurt sentiment
Business | Sep 17, 2019, 06:39 PM ISTAt the Interbank Foreign Exchange, the rupee opened at 71.83 then lost further ground and fell to an intra-day low of 71.98 against the US dollar.
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Oil Cos. maintain check, petrol-diesel prices may not spike
Business | Sep 17, 2019, 05:19 PM ISTGlobal oil prices are on the boil again in the aftermath of the largest ever-disruption in crude production post drone attacks in Saudi Aramco's two of the largest oil processing facilities.
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World share markets cautious as news on Saudi oil plant yet to come
World | Sep 17, 2019, 04:55 PM ISTChinese benchmarks led declines in Asia after the credit ratings agency Moody's downgraded Hong Kong, citing its recent political turmoil.
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India condemns Saudi oil field attacks
Business | Sep 16, 2019, 11:26 PM ISTIndia on Monday condemned the September 14 attacks on the Saudi Arabian oil fields and reiterated its resolve to oppose terrorism in all its forms and manifestations.
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Yemen's Houthi rebels claim drone attacks on Saudi Aramco oil plants
World | Sep 14, 2019, 06:19 PM ISTDrones claimed by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco early Saturday, sparking a huge fire at a processor crucial to global energy supplies.
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Moody's thumbs up for Reliance stake sale to Saudi Aramco
Business | Aug 14, 2019, 01:52 PM ISTOn August 12, 2019, Reliance announced that it has signed a non-binding letter of intent to sell a 20 per cent stake in its Oil to Chemical (O2C) business to Saudi Arabian Oil Company (Aramco).
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Reliance to join hands with Saudi Aramco for India's biggest FDI deal, to take 20 % in RIL refinery
Business | Aug 12, 2019, 06:05 PM ISTMukesh Ambani on Monday announced a deal with Saudi oil giant Aramco, which is highest FDI in India till date. Addressing shareholders at RIL AGM 2019, Ambani said Saudi Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries' oil refinery and chemical business.
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Saudi Aramco in talks with Reliance for stake in petchem, refinery project
India | Apr 17, 2019, 05:36 PM ISTAramco opened talks with Reliance as USD 44-billion mega refinery-cum-petrochemical complex, where it was taking a 50 per cent stake along with UAE's ADNOC, got delayed after ruling BJP-government scrapped plans to acquiring land for the project in coastal Maharashtra.