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Saudi Aramco Likely To Pause Refinery Investments In India: Report - The Economic Times

by economictimes.indiatimes.com posted 3weeks ago 26 views
Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Aramco will review a $6.6 billion plan to add petrochemical output at its Motiva refinery in Texas, as well as a big natural-gas project with Sempra Energy in the same state, according to the report.

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