Aramco still aiming for $15B investment in Reliance's oil-to-chemicals arm: CEO

Saudi Aramco CEO Amin Nasser said the world's largest crude oil producer is still working on a deal for a $15-billion investment in Reliance Industries' oil-to-chemicals business. In July, RIL Chairman Mukesh Ambani said the deal hasn't progressed as per original timeline due to "unforeseen circumstances in energy market and COVID-19 situation". Aramco was set to acquire a 20% stake.