Reliance Industries Ltd (RIL) and Saudi Aramco have mutually decided to re-evaluate the investment deal involving the O2C (Oil to Chemicals) business of the RIL considering the recent developments, according to reports. The deal under talks was worth $15 billion. The November 19 statement of RIL read, “Due to the evolving nature of Reliance’s business portfolio, … Read more
India has become Europe’s largest supplier of refined fuels this month while simultaneously buying record amounts of Russian crude, according to data from analytics firm Kpler. Europe’s reliance on Indian crude oil products has grown since the ban on Russian oil. Europe’s refined fuel imports from India are set to surge above 360,000 barrels a … Read more
Football star Cristiano Ronaldo has been banned for one match by Saudi Arabian Football Federation for a vulgar gesture towards rival fans chanting Argentinian maestro Lionel Messi’s name during a club match in the Saudi Pro League. Ronaldo, who currently plays for Al Nassr in Saudi Arabia, made the gesture during a game against Al … Read more