Saudi Aramco

Reliance Industries Ltd said on Wednesday Saudi Aramco Chairman Yasir Al-Rumayyan met all regulatory criteria for his appointment as an independent director, pending a shareholder approval on the decision.

Reliance, which is backed by Indian billionaire Mukesh Ambani, could reach an agreement with Aramco as soon as the coming weeks, the people said.

Mukesh Ambani said Saudi Aramco chief's presence on RIL board is the beginning of 'internationalisation of Reliance.'

Reliance AGM 2021: Saudi Aramco chairman and Governor of wealth fund Public Investment Fund Yasir Al-Rumayyan is likely to be inducted on the board of Reliance Industries

Mr Al-Rumayyan may either be inducted on the board of Reliance Industries or that of the newly carved oil-to-chemical subsidiaryat the upcoming annual shareholders meeting scheduled on June 24

Yemen's Iran-aligned Houthi group on Thursday said its forces had launched 12 ballistic missiles and drones towards a site belonging to the Saudi state oil company Saudi Aramco, Najran airport and other targets in Najran, in southern Saudi Arabia.

India urged refiners to diversify crude sources to cut reliance on the Middle East and directed them to reduce intake of Saudi oil. The refiners cut purchases by over a third in May.

Saudi Aramco will ensure China's energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday.

Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security.

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices, which has pushed regional issuance past last year's record to surpass $100 billion.

The company will have to boost capital and reapply for national licenses before the sale can go ahead.

The cash raised from the split float between Hong Kong and Shanghai would be far more than the $29 billion chalked up by Saudi Aramco in December.

The United States is considering restrictions on China's Ant Group as well as Tencent over concerns their digital payment platforms threaten national security, Bloomberg News reported on Wednesday.

Oil majors Rosneft and Saudi Aramco are unlikely to bid for BPCL, sources familiar with the matter said, as low oil prices and weak fuel demand curb their investment plans.

State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom's energy minister said on Sunday, state news agency SPA reported.

Reliance Industries Ltd said on Wednesday Saudi Aramco Chairman Yasir Al-Rumayyan met all regulatory criteria for his appointment as an independent director, pending a shareholder approval on the decision.

Reliance, which is backed by Indian billionaire Mukesh Ambani, could reach an agreement with Aramco as soon as the coming weeks, the people said.

Mukesh Ambani said Saudi Aramco chief's presence on RIL board is the beginning of 'internationalisation of Reliance.'

Reliance AGM 2021: Saudi Aramco chairman and Governor of wealth fund Public Investment Fund Yasir Al-Rumayyan is likely to be inducted on the board of Reliance Industries

Mr Al-Rumayyan may either be inducted on the board of Reliance Industries or that of the newly carved oil-to-chemical subsidiaryat the upcoming annual shareholders meeting scheduled on June 24

Yemen's Iran-aligned Houthi group on Thursday said its forces had launched 12 ballistic missiles and drones towards a site belonging to the Saudi state oil company Saudi Aramco, Najran airport and other targets in Najran, in southern Saudi Arabia.

India urged refiners to diversify crude sources to cut reliance on the Middle East and directed them to reduce intake of Saudi oil. The refiners cut purchases by over a third in May.

Saudi Aramco will ensure China's energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday.

Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security.

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices, which has pushed regional issuance past last year's record to surpass $100 billion.

The company will have to boost capital and reapply for national licenses before the sale can go ahead.

The cash raised from the split float between Hong Kong and Shanghai would be far more than the $29 billion chalked up by Saudi Aramco in December.

The United States is considering restrictions on China's Ant Group as well as Tencent over concerns their digital payment platforms threaten national security, Bloomberg News reported on Wednesday.

Oil majors Rosneft and Saudi Aramco are unlikely to bid for BPCL, sources familiar with the matter said, as low oil prices and weak fuel demand curb their investment plans.

State oil company Saudi Aramco has discovered two new oil and gas fields in the northern regions, the kingdom's energy minister said on Sunday, state news agency SPA reported.