India’s Reliance shelves $15 Billion Deal with Saudi Aramco
India’s Reliance Industries (RIL) and Saudi Aramco have opted to shelve the $15 billion deal that would see the Saudi oil gaint take a 20% stake in RIL’s oil to chemicals (O2C) business. The pair signed a “non-binding Letter of Intent” in August 2019 for the sale, but RIL released a statement over the weekend … Read more