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The Economic Times

Economy / The Economic Times

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Adnoc may be out, Aramco seeks fresh Maha project terms

Major overseas investors are reportedly withdrawing or reviewing their involvement in India's Ratnagiri Refinery project. Abu Dhabi National Oil Company is said to have exited, and Saudi Aramco is seeking revised terms. This comes as the project faces significant delays, primarily due to land acquisition issues.

18 Feb 2026 6:00 am