"saudi-aramco"

As part of a significant restructuring effort, BP (formerly the British Petroleum) has initiated a strategic evaluation of its Castrol lubricants division, stating that it could have a valuation of nearly $10 billion

Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco

He has constantly been involved in dialogue with various stakeholders, including External Affairs Ministry, to promote Telangana

Aramco said it would stick to its promise of paying quarterly dividends of USD 18.75 billion — USD 75 billion a year — due to commitments the company made to shareholders in the run-up to its initial public offering.

All of refining, marketing and petrochemical assets will be transferred to the O2C subsidiary, it said in regulatory filings at stock exchanges late on Monday.

Saudi Aramco said it was committed to a bumper dividend even as third quarter net profits dropped to 44.21 billion Saudi riyals ($11.79 billion), compared to $21.3 billion in the same period last year