Saudi Aramco eyes major stake in new $11bn Indian refinery
Saudi Aramco is set to acquire a 20% stake valued at about $2.2 billion in a new $11 billion refinery project developed by Bharat Petroleum Corporation Limited (BPCL) in India, earmarked for the Ramayapatnam port in Andhra Pradesh. BPCL, which is India's second-largest state-owned refiner,...