{"id":348023,"date":"2020-04-24T12:09:39","date_gmt":"2020-04-24T06:39:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348023"},"modified":"2020-04-24T12:09:39","modified_gmt":"2020-04-24T06:39:39","slug":"saudi-aramco-ril-deal-at-risk-as-oil-prices-fall","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-ril-deal-at-risk-as-oil-prices-fall\/","title":{"rendered":"Saudi Aramco-RIL deal at risk as oil prices fall"},"content":{"rendered":"<p>NEW DELHI: The collapse in oil prices has raised the risk that Saudi Aramco\u2019s plan to buy $15-billion stake in Reliance IndustriesNSE 4.96 %\u2019 (RIL) hydrocarbon business may not go through, US-based brokerage Bernstein has warned.<\/p>\n<p>Saudi Aramco, the world\u2019s largest exporter of crude oil, had agreed to a non-binding initial agreement last August to buy 20% stake in Reliance Industries\u2019 oil to chemicals divisions with an enterprise value of $75 billion. The oil to chemicals division included RIL&#8217;s world&#8217;s largest refining complex, petrochemicals and fuels marketing businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The collapse in oil prices has raised the risk that Saudi Aramco\u2019s plan to buy $15-billion stake in Reliance IndustriesNSE 4.96 %\u2019 (RIL) hydrocarbon business may not go through, US-based brokerage Bernstein has warned. Saudi Aramco, the world\u2019s largest exporter of crude oil, had agreed to a non-binding initial agreement last August to buy 20% stake in Reliance Industries\u2019 oil to chemicals divisions with an enterprise value of $75 billion. The oil to chemicals division included RIL&#8217;s world&#8217;s largest refining complex, petrochemicals and fuels marketing businesses.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-348023","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348023"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348023\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}