India, Saudi Arabia To Revive Work On $44-Billion West Coast Refinery
Global majors such as Saudi Aramco and Abu Dhabi National Oil Company (Adnoc) had formed a joint venture with Indian state-run oil marketing companies — Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) — to hold 50 per cent stake in Ratnagiri Refinery and Petrochemicals (RRPCL).