In a recent tweet by Saudi Arabia's oil minister Khalid al-Falih, he said that he was in discussion with Mukesh Ambani, chairman and managing director of Reliance Industries Ltd for a joint investment in petrochemicals and oil refinery projects.

Al-Falih had travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani's daughter Isha Ambani. During the visit, he also held talks with Ambani but choose to tweet about the discussions only this week.
The Arabic tweet by Khalid al-Falih, when translated using online tools, said that he was pleased to meet Ambani and discussed opportunities for joint investments and cooperation in petrochemical, refining and telecom projects." He also tweeted a picture with Ambani where the latter's attire is different from the pictures of the pre-wedding festivities held on 8 and 9 this month.
RIL currently operates two refineries at Jamnagar with a total capacity of 68.2 million tonnes per annum.
Saudi Arabia, the largest exporter of oil in the world has been looking to get a hold of India, the world's fastest-growing fuel market.
Saudi Aramco and its partner Abu Dabhi National Oil Co. (Adnoc) have picked up 50 percent stake in a planned $44 billion Ratnagiri refinery in Maharashtra but the project is facing problems in acquiring land due to protests from local politicians.
With inputs from PTI
More From GoodReturns

IPL 2026: Date, Schedule, Venue, Competing Teams & Ticket Prices; How To Watch At JioHotstar?

Happy Women's Day 2026: Top 50+ Wishes, Messages, Quotes, Captions, Greetings, Status To Share On March 8

Fall in Gold Rate in India Continues; 24K/100gm Plunges Rs 85,800 in Just 3 Days; MCX Gold Price Flat; Outlook

Gold Rate Today: Gold Prices Crash Over Rs 1 Lakh per 24K/100g in 4 Days Amid Iran-Israel Conflict; Outlook

Gold Rate in India Takes U-Turn! 24K Jumps Rs 23,000 In Day! Silver Stable After Weak US Jobs Data | March 7

Gold Rates In India Today March 6, 2026: Gold Rate Crash Fifth Day In Row By Rs 1,09,800; 24K, 22K, 18K Gold

Gold Rate Today, 9 March Outlook: Rise in Gold Prices in India After Falling Nearly Rs 1.2 Lakh Per 24K/100gm

Gold Rates & Silver Rates Today Live: MCX Gold & Silver May Take Hit On Inflationary Fear; 24K, 22K, 18K Gold

Gold Rates Today March 9: Gold Rate Crashes By Rs 20,000; Check 24K, 22K, 18K Gold Prices In Mumbai

Gold Rates & Silver Rates Today Live: Physical Gold Rates Jump, MCX Gold & Silver Outlook; 24K, 22K, 18K Gold

LPG Prices In India From March 7: 14.2KG LPG Prices Hiked First Time In 1-Year By Rs 60; 19K LPG Up By Rs 115



Click it and Unblock the Notifications