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Commodities

China's Sinopec to form $4 bn JV with Saudi Aramco unit

Manufacturing

29 April, 2025

China's Sinopec to form $4 bn JV with Saudi Aramco unit

China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a ......

Saudi Aramco looks to invest in BPCL, ONGC refineries

Manufacturing

27 March, 2025

Saudi Aramco looks to invest in BPCL, ONGC refineries

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks ......

Russia-backed refiner Nayara lines up $217.5-mn share buyback

Manufacturing

06 March, 2025

Russia-backed refiner Nayara lines up $217.5-mn share buyback

Private refiner Nayara Energy, majority owned by Russian entities, including oil major Rosneft, will make a $217.5-......

Vedanta's shareholders, creditors clear way for five-way split

Manufacturing

20 February, 2025

Vedanta's shareholders, creditors clear way for five-way split

Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five ......

ADNOC sets up international investment arm XRG

Manufacturing

28 November, 2024

ADNOC sets up international investment arm XRG

United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on ......

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Manufacturing

16 October, 2024

Saudi firm Manara in talks to buy stake in First Quantum's Zambian mines

Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum ......

ADNOC to acquire German chemicals company Covestro for $16 bn

Manufacturing

01 October, 2024

ADNOC to acquire German chemicals company Covestro for $16 bn

Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), ......

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Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas

Consumer

01 October, 2024

Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas

Halonix Technologies Pvt. Ltd, a lighting products maker controlled by private equity firm TPG NewQuest, recorded a ......

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Manufacturing

17 September, 2024

Aramco to up stake in EIG's MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will increase its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of ......

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

Manufacturing

16 September, 2024

Saudi mining company Ma'aden to buy Alcoa's stake in joint venture for $1.1 bn

U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi ......

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