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Tag Archives: Aramco in talks to buy stake in refining business of India’s Reliance

Aramco in talks to buy stake in refining business of India’s Reliance


April 17, 2019

State oil giant Saudi Aramco, the world’s biggest oil producer, is in talks to buy a minority stake in the refining and petrochemicals businesses of India’s Reliance Industries Ltd, sources familiar with the matter said on Wednesday. The Times of India reported earlier that Aramco was in talks to buy a stake of up to 25 per cent, which could be worth …

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