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Tag: Aramco

Saudi Aramco Still Undecided On BPCL Stake Purchase

New Delhi: World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where the government intends to sell its entire 53.29 per cent stake to a strategic investor. Sources privy to the development said that Aramco, which kicked […]

Iran dismisses British PM's claims over Saudi Aramco attacks

Tehran: Iranian Foreign Ministry criticized British Prime Minister Boris Johnson for his claims that Iran was involved in recent drone attacks on Saudi Arabia’s Aramco oil facilities. “Instead of making such futile efforts against Iran, the British government is better to stop the sales of lethal weapons to Saudi Arabia which is used against the […]

After Russia, US Hints At Oil For India On Concessional Terms

New Delhi: The US may offer oil and gas to India on concessional terms from its own reserves to help the latter tide over any shortages arising from the drone attacks on Saudi Arabian Oil Company, or Aramco, that have caused the biggest-ever disruption in global crude oil supplies. Diplomatic sources here said that supply […]

Saudi Aramco's India office for crude, LPG marketing inaugurated

Gurugram: Saudi Arabian state-run oil giant Aramco’s India office was inaugurated here on Sunday by Petroleum Minister Dharmendra Pradhan, in a move to strengthen the bilateral partnership in the hydrocarbons sector, an official statement said. “Saudi Aramco, through its subsidiary Aramco Asia India (AAI), established its business presence in India in 2016. The AAI will […]