Saudi Arabian Oil Co. (Saudi Aramco) has agreed to acquire a 20 percent stake in Indian oil company Reliance Industries Ltd.'s oil and chemicals segment for $15 billion, The Wall Street Journal reported Aug. 12.

India: Saudi Aramco Acquires 20 Percent Stake in Reliance Industries

Saudi Arabian Oil Co. (Aramco) has agreed to acquire a 20 percent stake in Indian oil company Reliance Industries Ltd.'s oil and chemicals segment for $15 billion, The Wall Street Journal reported Aug. 12.

SITUATION REPORT

India: Saudi Aramco Acquires 20 Percent Stake in Reliance Industries

Keep Reading