Monday, August 16, 2021

Saudi Aramco is in advanced talks on up to $25 billion Reliance deal

A representative for Reliance said the company does not have anything to add beyond Ambani’s comments at the shareholders’ meeting in June, when the conglomerate appointed Aramco Chairman Yasir Al-Rumayyan to the board. Ambani had said Reliance could finalize an investment deal with the oil producer this year.

from Energy-Industry-Economic Times https://ift.tt/3m5Ehs8

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