Reliance's partnership with Saudi Aramco not a retreat from energy business: Report

"Reliance has pivoted away from energy to the new economy. But energy still accounts for 64 per cent of EBITDA. While RIL has divested stakes to BP and Aramco, we expect RIL to grow their petrochemical and refining business given the secular growth opportunities," market analyst firm Bernstein said in a report.

from Energy-Industry-Economic Times https://ift.tt/2RsL7rY