Saudi Aramco Expands India Presence, Eyes Higher Sales

New Delhi:  Saudi Aramco launched a new Indian venture in Gurugram, near New Delhi, a government statement said on Sunday, as the global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer. India's Oil Minister Dharmendra Pradhan, who jointly inaugurated the local unit with Aramco Chief Executive Amin Nasser, said the move would help pave the way for "a strategic partnership in the hydrocarbon se...