Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
Krishna-Godavari basin dispute: Reliance and others seek mediation, SC refuses to halt hearingReliance Industries Limited and two foreign partners told the Supreme Court they will ask the Indian government to resolve the Krishna-Goda...
BP, Niko to formally join RIL arbitration against GovernmentIf it is proved that the company deliberately produced less gas from the D1&D3 fields in KG-D6, the bank guarantee will be encashed.
BP, Niko may have to join Reliance Industries' arbitration to get new gas priceBP Plc and Niko Resources may have to join ongoing arbitration proceeding before the govt allows these cos to charge higher prices for thei...
Reliance Industries’ partners may have to sell KG-D6 gas at $4.2/unitOil ministry says BP and Niko Resources have not offered bank guarantees against an approval to charge the new rates.
RIL-BP to invest $10bn to quadruple natural gas output by 2020Global oil giant BP Plc and its partner Reliance Industries will invest US $ 5-10 billion to quadruple natural gas production by 2020.
- RIL, BP to invest $5bn to boost gas output; stock up
Shares of RIL gained over 2% after chairman Mukesh along with BP CEO Bob Dudley assured of increasing the gas output in KG D6 basin.
RIL-BP partneship on KG-D6 block: Reliance refuses to see the good side while BP sees the good side onlyThe troubles in Reliance Industries’ trophy gas block have created a piquant situation of the partners speaking in different tones.
- BP considering LNG imports to India through joint venture with Reliance Industries
BP Plc is exploring options for importing LNG into India through its joint venture with Reliance Industries, a senior company official said...
Reliance Industries, BP to surrender two more blocks on bad outlookReliance Industries and its partner BP plan to surrender two more exploration blocks, reducing their tally to 14 from 21 a year ago.
- Reliance Industries turns to PM, FM for KG D6 block approvals
The official declined to be identified because of the sensitivity of the discussions and because it concerned the senior-most political lea...
- Reliance Industries' cash pile may soar to Rs 1.25 lakh cr by March 2012
Billionaire Mukesh Ambani-led Reliance Industries' cash reserves may rise to $ 25 billion (about Rs 1,25,000 crore) by March 2012
- BP CEO to brief Mnamohan Singh about India strategy
In February BP announced to acquire 30% stake in RIL 21 oil and gas blocks that include India’s biggest gas field, KG-D 6.
- Reliance to close $7.2 bn BP deal this month
Reliance Industries Ltd (RIL) is likely to close its $7.2 billion deal to sell stake sale in 21 oil and gas blocks to UK's BP plc in the ne...
- Niko Resources, Hardy can raise stakes in RIL blocks
A day after RIL announced a multi-block partnership with global oil giant BP, Niko Resources , RIL’s partner in its trophy asset, D6 block,...
- Big Deal
BP's deal with RIL could be a game changer for energy-thirsty India.
RIL-BP deal: Win-win situation for bothAs an immediate upshot of the deal, RIL is likely to see an improvement in investor sentiment and the environment in the government regardi...