{"id":406633,"date":"2021-03-24T08:42:23","date_gmt":"2021-03-24T03:12:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406633"},"modified":"2021-03-24T09:33:43","modified_gmt":"2021-03-24T04:03:43","slug":"saudi-aramco-hints-talks-are-on-with-ril-for-o2c-business-morgan-stanley","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-hints-talks-are-on-with-ril-for-o2c-business-morgan-stanley\/","title":{"rendered":"Saudi Aramco hints talks are on with RIL for O2C business: Morgan Stanley"},"content":{"rendered":"<p>Saudi Aramco, world\u2019s largest oil-producing company, remains in discussion with Reliance Industries (RIL) for potential partnership, Morgan Stanley said on Tuesday in its report titled &#8220;Takeways from Saudi Aramco conference call&#8221;.<\/p>\n<p>&#8220;With asset prices, industry outlook, and margins back to August 2019 levels, we see a revival of the earnings upgrade cycle, led by energy. Multiples should surprise positively too as clarity on new energy investments rises,&#8221; it said. <\/p>\n<p>Saudi Aramco&#8217;s CY20 conference call indicated that it is still in discussions with Reliance to evaluate existing opportunities as potential partners, regarding the non-binding MoU signed with Reliance for its oil-to-chemicals (O2C) business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco, world\u2019s largest oil-producing company, remains in discussion with Reliance Industries (RIL) for potential partnership, Morgan Stanley said on Tuesday in its report titled &#8220;Takeways from Saudi Aramco conference call&#8221;. &#8220;With asset prices, industry outlook, and margins back to August 2019 levels, we see a revival of the earnings upgrade cycle, led by energy. Multiples should surprise positively too as clarity on new energy investments rises,&#8221; it said. Saudi Aramco&#8217;s CY20 conference call indicated that it is still in discussions with Reliance to evaluate existing opportunities as potential partners, regarding the non-binding MoU signed with Reliance for its oil-to-chemicals [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-406633","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406633","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=406633"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406633\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}