Articles tagged under: Aramco

Jamnagar: Reliance, Saudi Aramco to ‘re-evaluate” proposed investment in oil-to-chemical business

November 19, 2021
Jamnagar: Reliance, Saudi Aramco to ‘re-evaluate” proposed investment in oil-to-chemical business

Mumbai:Reliance Industries Limited today in a statement said, that due to evolving nature of Reliance’s business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context. Consequently, the current application with NCLT for segregating the O2C business from RIL is being withdrawn. Reliance Industries Limited and Saudi Aramco signed a non-binding Letter of I...Read More

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