Reliance, Saudi Aramco discuss cash and share stake deal: Report

Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter.

from Energy-Industry-Economic Times https://ift.tt/3e1cSD6