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Business  /  Published 22.05.21

Second wave hits oil import

The Delhi high court has put on hold state-run ONGC’s notice inviting a tender (NIT) and the consequent e-auction with regard to sale of natural gas from its block in the Krishna-Godavari (KG) b...
By Our Special Correspondent in New Delhi

Business  /  Published 27.04.21

RIL-BP start output from second gas field

Reliance Industries and its partner BP Plc of the UK have started production from the Satellite Cluster gas field in the deepwater KG-D6 block, two months ahead of schedule. The Satellite Cluster is ...
By Our Special Correspondent in New Delhi

Business  /  Published 05.04.21

RIL, BP seek buyers for KG gas

Reliance Industries Ltd and its partner BP Plc of UK have sought bids for the sale of 5.5 million standard cubic meters per day (mscmd) of additional natural gas that will be available for sale from t...
By PTI in New Delhi

Business  /  Published 04.01.21

RIL to compensate for undelivered natural gas

Reliance Industries Ltd and its partner BP Plc of UK have committed to pay in cash for any natural gas volumes they are unable to deliver to customers from the next wave of discoveries in the eastern ...
By PTI in New Delhi

Business  /  Published 19.12.20

Reliance Industries starts gas drill in R-Cluster

Reliance Industries Limited (RIL) and BP on Friday announced the start of production from the R-Cluster, the ultra-deep-water gas field in the KG-D6 block off the east coast of India. RIL and BP are ...
By Our Special Correspondent in New Delhi

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Business  /  Published 13.07.20

Watch on oil and retail at Reliance Industries AGM

Reliance Industries’ investors are expecting announcements on a stake sale in its oil-to-chemical business and an acquisition of the retail business of the Future group at the company’s fo...
By Our Special Correspondent in Mumbai

Business  /  Published 10.07.20

Reliance Industries seals fuel retail deal with BP

Reliance Industries on Thursday finalised a deal with BP in fuel retail following which BP paid $1 billion to pick up a 49 per cent stake in the joint venture. The much-awaited tieup will see retail p...
By Our Special Correspondent in Mumbai

Business  /  Published 16.05.19

Reliance Industries tables bid for oil block

Reliance Industries along with BP have bid for an exploration acreage for the first time in their eight-year partnership under the government’s open acreage licensing policy for oil and gas that has...
By Our Special Correspondent in New Delhi

Business  /  Published 15.09.19

Reliance, BP buy out Niko stake in KG-D6

Reliance Industries and the UK’s BP plc have taken over the 10 per cent shareholding of their partner Niko Resources in the eastern offshore KG-D6 block after the Canadian firm defaulted on paying f...
By PTI in New Delhi

Business  /  Published 06.08.19

RIL-BP venture in fuel retail

Reliance Industries Ltd and BP on Tuesday announced a new joint venture to sell auto fuels and ATF in the country.The new partnership extends their alliance in oil exploration and will see the duo exp...
By Our Special Correspondent in Mumbai


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