News
22 November 2021

Reliance to reevaluate $15bn stake sale in oil-to-chemicals arm to Saudi Aramco

In:
Oil & gas
Region:
Middle East & Africa, Asia-Pacific

India's Reliance Industries has decided with Saudi Aramco to reevaluate the oil giant's proposed roughly $15 billion investment in Reliance's oil-to-chemicals (O2C) business. The 20% stake sale in the unit was announced in 2019, but was delayed as oil prices and demand crashed last year...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
22 December 2025

TXF's Year In Review

TXF's editorial team sat down to discuss their best articles and insights of the year with few forward looking trends set to emerge in 2026.

Perspective
23 December 2025

On Your Radar for 2026: The Must-Watch Trends From 2025

Explore three of the top export and commodity finance trends going into 2026, with news, in-depth articles, deals data, and event content curated by Exile Flow AI. Green...