US Secretary of State Marco Rubio, Ambani Discuss Energy and Tech Cooperation
Rubio pressed Reliance to expand Venezuelan crude imports as India took in $3.6 billion in oil from Caracas in April-August, officials said.
- On Wednesday, US Secretary of State Marco Rubio visited Reliance Industries Limited's Jamnagar refinery complex, where discussions focused on expanding India's imports of Venezuelan oil under US oversight.
- Ahead of his visit, Rubio pitched increased Venezuelan crude imports, calling India a "refining superpower" capable of diversifying energy sourcing beyond volatile regions.
- Reliance Industries Limited accounts for 74.3% of India's Venezuelan crude imports during April–August 2026, though industry experts note technical and economic constraints limit how much India can substitute existing oil sources.
- Executives briefed the US delegation on Reliance Industries Limited's New Energy giga-factories currently being commissioned and data centers under construction, showcasing investments in advanced manufacturing and digital infrastructure.
- This visit follows Rubio's substantive talks in Mumbai on Tuesday with External Affairs Minister S Jaishankar, focusing on the India-US strategic partnership and progress on a proposed trade deal.
16 Articles
16 Articles
New Delhi, Oct 22 (EFE).- U.S. Secretary of State Marco Rubio left India this Thursday after a visit focused on expanding energy cooperation and promoting the processing of Venezuelan oil in Asian refineries, amid Washington’s efforts to diversify the global supply of crude oil. “I just [...] Rubio’s entry leaves India after boosting Venezuelan energy cooperation and oil was first published in HolaNews.
US secretary of state Marco Rubio, Ambani discuss energy and tech cooperation
US Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing energy cooperation. Engaging in discussions with Mukesh and Anant Ambani, Rubio focused on investment avenues, including technology partnerships and ensuring affordable energy and dependable supply chains.
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