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Business  /  Published 30.09.21

Gas prices raised by 62%

The government on Thursday hiked by 62 per cent the price of natural gas that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for hou...
By Our Bureau, PTI in New Delhi

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

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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

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 09.02.20

RIL to offer more KG gas for sale

Reliance Industries and its partner BP plc of the UK will this month offer for sale more natural gas from its KG-D6 block to users as it prepares to put into production a second wave of discoveries in...
By PTI in New Delhi

Business  /  Published 30.12.19

Niko exits KG-D6 block

Reliance Industries and the UK’s BP Plc have paid $36 million to their Canadian partner Niko Resources for the latter to exit the eastern offshore KG-D6 block.Niko, in a statement posted on its webs...
By Our Special Correspondent in Mumbai


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