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Monday 16 August 2021

Saudi oil firm Aramco to acquire 20% stake in Indian Reliance refinery at $25 bln

Saudi oil firm Aramco to acquire 20% stake in Indian Reliance refinery at $25 bln: Saudi state-oil giant Aramco is in advanced talks to acquire a roughly 20 percent stake in Reliance Industries Ltd's oil refining and chemicals business for about $20 billion to $25 billion in Aramco's shares, Bloomberg News reported on Monday. An agreement could be reached as soon as ...

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