Indian billionaire Mukesh Ambani and his son Anant Ambani met United States Secretary of State Marco Rubio during his visit to India to discuss global energy developments and opportunities involving digital infrastructure, including data centres. Reliance Industries confirmed on Wednesday that the discussions covered commercial partnerships across conventional and new energy sectors. The company also said the Ambanis shared their views on potential collaboration with United States companies. Rubio visited Mumbai and Jamnagar, where he met government and business leaders, including Indian Foreign Minister S. Jaishankar and Mukesh Ambani. Reliance Industries operates the Jamnagar refining complex, which is among the world’s largest. Rubio said he intended to encourage Reliance to process more Venezuelan crude at its Indian refineries and potentially explore oil production in Venezuela. Reliance has emerged as a significant importer of Venezuelan oil as the country’s production has increased. The company’s two Jamnagar refineries have a combined processing capacity of approximately 1.4 million barrels of crude oil per day and can handle Venezuela’s particularly heavy crude grades.
Read more here
