{"id":450735,"date":"2021-11-20T11:18:14","date_gmt":"2021-11-20T05:48:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=450735"},"modified":"2021-11-20T11:18:14","modified_gmt":"2021-11-20T05:48:14","slug":"reliance-and-saudi-aramco-to-reevaluate-proposed-o2c-investment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-and-saudi-aramco-to-reevaluate-proposed-o2c-investment\/","title":{"rendered":"Reliance and Saudi Aramco to reevaluate proposed O2C investment"},"content":{"rendered":"<p>Reliance Industries Limited has announced that they will be re-evaluating Saudi Aramco&#8217;s proposal to acquire a stake in the Indian conglomerate.<\/p>\n<p>In a press release, the oil majors reiterated their desire to remain preferred partners, with Reliance set to continue as the Saudi company&#8217;s collaborator in the subcontinent.<\/p>\n<p>\u201cDue to [the] evolving nature of Reliance\u2019s business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context,\u201d read the press release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Limited has announced that they will be re-evaluating Saudi Aramco&#8217;s proposal to acquire a stake in the Indian conglomerate. In a press release, the oil majors reiterated their desire to remain preferred partners, with Reliance set to continue as the Saudi company&#8217;s collaborator in the subcontinent. \u201cDue to [the] evolving nature of Reliance\u2019s business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context,\u201d read the press release.<\/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-450735","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\/450735","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=450735"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/450735\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=450735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=450735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=450735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}