Aether will take the same products from the CRAMS business model and commercialise and manufacture them under the Exclusive or Contract Manufacturing business model
In August 2022, the Saudi Arabian Oil Company (Saudi Aramco) said that they have signed an equity purchase agreement to acquire Valvoline's global products business (VGP) for $2.65 billion
The oil firm's profits will help fund the kingdom's assertive Crown Prince Mohammed bin Salman's plans for a futuristic city on the Red Sea coast, but also comes as the US grows increasingly frustrated by higher prices at...
Profits rose 46.5 per cent when compared to the company's 2021 results of $110 billion
If the deal materialises, STA will become the second Saudi entity to become an IPL sponsor following Saudi Aramco
The bumper first-quarter earnings by the firm formally known as the Saudi Arabian Oil Co show a record net income of $39.5 billion, up from $21.7 billion during the same period last year.
Oil and gas have powered the UAE's rapid transformation into a high-tech global business hub home to the futuristic cities of Dubai and Abu Dhabi, as well as the world's busiest airport for international flights
Despite a raging fire at a nearby oil depot, the Saudi Arabian Grand Prix maintained business as usual on Friday night. The F1 race on Sunday also expected to go ahead.
Adani Group has held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country’s Public...
The announcement on the state-run Saudi Press Agency comes as the oil firm is valued at just under $2 trillion and as oil trades above $90 a barrel.
After missing two self-imposed deadlines, Mukesh Ambani's Reliance Industries has shelved a proposed deal to sell a 20 per cent stake in its oil refinery and...
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Reliance Industries said the decision was in light of their ambition to foray into renewable energy and the evolving nature of company's business portfolio.
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Reliance Industries said the decision was in light of their ambition to foray into renewable energy and the evolving nature of company's business portfolio.
The company informed the Bombay Stock Exchange about the development in a regulatory filing. It stated 98.03 per cent of votes were cast in favour of the...
Reliance chairman Mukesh Ambani announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders.
Biden also announced an end to 'relevant' US arms sales but gave no immediate details on what that would mean.
All 22 sailors on board escaped without injury and firefighters later extinguished the blaze
The claimed attack comes just after a visit by outgoing U.S. Secretary of State to the kingdom to see Crown Prince Mohammed bin Salman
Saudi Arabia is its second-biggest supplier after Iraq. It sold 40.33 million tonnes of crude oil to India in 2018-19 fiscal, when the country had imported...
The Saudi Kingdom calls upon the international community to assume its responsibility in condemning those that stand behind the drone attack on Saudi Arabian...
Global crude oil prices have been rising sharply in the aftermath of the drone missile strikes on key oil facilities in Saudi Arabia that halted 5 per cent of...
The kingdom's decision to enter the International Maritime Security Construct came ahead of a planned visit by U.S. Secretary of State Mike Pompeo.
A massive drone strike on the world's largest crude-processing facility operated by Saudi Arabia’s Aramco has driven oil prices to their highest level in...
