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Saudi Aramco to invest $75 billion in Reliance, BP to propel petro-retail business: Ambani

DNA Monday, 12 August 2019 ()
"Saudi Aramco and Reliance have agreed to form a long-term partnership in our oil to chemicals division. Saudi Aramco will invest for a 20 per cent stake in Reliance's O2C division at an enterprise value of 75 billion dollars," said Mukhesh Ambani
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News video: Saudi Aramco still world's most profitable company despite oil price hit

Saudi Aramco still world's most profitable company despite oil price hit 01:46

Top oil producer Saudi Aramco maintained its position as the world’s most profitable company on Monday even as it reported a 12% drop in first-half net income to $46.9 billion (£38.9 billion) due to lower oil prices. Francis Maguire reports.

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