{"id":233865,"date":"2021-11-26T17:13:39","date_gmt":"2021-11-26T09:13:39","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233865"},"modified":"2021-11-26T17:52:35","modified_gmt":"2021-11-26T09:52:35","slug":"reliance-and-saudi-aramco-deal-scrapped","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/zh-hans\/reliance-and-saudi-aramco-deal-scrapped\/","title":{"rendered":"Reliance and Saudi Aramco deal scrapped"},"content":{"rendered":"[et_pb_section fb_built=”1″ admin_label=”CNR NEWSLETTER” module_class=”cnl-wrapper” _builder_version=”4.4.3″ locked=”off” global_colors_info=”{}”][et_pb_row admin_label=”Header” module_class=”cnr-nl-header” _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.2″ global_colors_info=”{}”][et_pb_text admin_label=”Header” _builder_version=”4.13.0″ global_colors_info=”{}”]
\r\n
NATURAL RESOURCES<\/div>\r\n
News<\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Logo” _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_text admin_label=”Logo” _builder_version=”4.13.0″ global_colors_info=”{}”]
\r\n\"Charltons\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Banner” _builder_version=”4.9.7″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_text admin_label=”Banner” _builder_version=”4.13.0″ global_colors_info=”{}”]
\n
\"Reliance<\/div>\n
\n
\n11 \u6708 2021<\/span>\n

Reliance and Saudi Aramco deal scrapped<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Text” _builder_version=”4.12.1″ _module_preset=”default” width=”100%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.9.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.13.0″ _module_preset=”default” global_colors_info=”{}”]

Reliance Industries\u2019 shares drop on the back of news that the US$15 billion deal with Saudi Aramco has been called off. Reliance Industries and Saudi Aramco had signed a \u201cnon-binding letter of intent<\/em>\u201d in 2019, for Saudi Aramco to purchase 20% of Reliance\u2019s refinery business at a valuation of US$75 billion. However, talks between the two parties stalled because of the coronavirus pandemic and the uncertainty it created in the energy markets. This uncertainty and turbulence in the energy markets negatively affected Saudi Aramco\u2019s finances and further exacerbated the already existing reservations in respect of the high valuation of the deal. The shares of Reliance Industries on Monday, 22 November 2021 fall by more than 4% in Mumbai. <\/p>\n\n

Source: https:\/\/www.ft.com\/content\/e6b6847d-275b-4910-add3-239e32e521f9<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Button Navs” _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_text admin_label=”navs” _builder_version=”4.9.7″ global_colors_info=”{}”]

\r\n
<\/span>UK Government to invest in nuclear power station<\/a><\/div>\r\n
Namibia green hydrogen key player<\/a><\/span><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Legal Advice” _builder_version=”4.9.1″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_text admin_label=”Legal Advice” _builder_version=”4.9.7″ global_colors_info=”{}”]
\r\n

This newsletter is for information purposes only.<\/h3>\r\n

Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\r\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\r\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\r\n

If you do not wish to receive this newsletter please let us know by emailing us at unsubscribe@charltonslaw.com<\/a><\/p>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=”on|on|on” admin_label=”Footer” _builder_version=”4.9.7″ disabled=”on” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.4.3″ global_colors_info=”{}”][et_pb_text admin_label=”Footer” _builder_version=”4.9.7″ global_colors_info=”{}”]

\r\n
\r\n
\r\n \r\n

Boutique Transactional Law Firm of the Year 2020<\/h2>\r\n Asian Legal Business Awards<\/span>\r\n <\/div>\r\n <\/div> \r\n<\/div>\r\n
\r\n
Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\r\n
Website: https:\/\/www.charltonslaw.com<\/a><\/div>\r\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"Reliance Industries\u2019 shares drop on the back of news that the US$15 billion deal with Saudi Aramco is off. Talks between the parties stalled due to COVID-19 and the uncertainty it created in the energy markets. ","protected":false},"author":1,"featured_media":233894,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2021\/11\/reliance-and-saudi-aramco-deal-scrapped-thumb.jpg","fifu_image_alt":"Reliance and Saudi Aramco deal scrapped","footnotes":""},"categories":[23],"tags":[46],"class_list":["post-233865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-https-charltonsnaturalresources-com-legal-news-2021-08-mineralised-zones-found-in-botswana-thumb-jpg","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/233865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=233865"}],"version-history":[{"count":7,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/233865\/revisions"}],"predecessor-version":[{"id":233893,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/233865\/revisions\/233893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/media\/233894"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=233865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=233865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=233865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}