Reliance-BP consortium invites bidders for gas from KG D6 basinCRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the no...
30 Dec, 2020, 11.47 AM IST
Government stops issuing Reliance-BP penalty notices for KG-D6 gas output shortfallThe government had between 2012 and 2016 disallowed Reliance from recovering the cost of USD 3.02 billion for KG-D6 output lagging targets,...
22 May, 2019, 02.54 PM IST
Tribunal rejects BP's claim for legal cost against governmentReliance is the operator of KG-D6 block with 60 per cent interest, while BP plc of UK holds 30 per cent and Niko Resources of Canada the re...
12 Aug, 2018, 12.31 PM IST
Singapore-based arbitrator to preside over RIL-ONGC disputeProf Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of govt's deman...
08 Feb, 2017, 07.07 PM IST
G S Singhvi named arbitrator for $1.5-billion ONGC-RIL disputeThe oil ministry had on November 3 issued a notice to RIL, Niko and UK's BP Plc seeking $1.47 billion for producing in the seven years ende...
26 Dec, 2016, 03.33 PM IST
BP gets licence to set up petrol pumps in IndiaThe company was granted a formal licence on October 14. “BP granted licence to market petrol and diesel — another milestone for BP in India...
17 Oct, 2016, 01.22 AM IST
Oil Ministry wants BP to furnish bank guarantee for ATF licenceOil Ministry wants BP to furnish bank guarantee and an undertaking that it will meet minimum investment requirement for getting licence to ...
03 May, 2015, 01.09 PM IST
After PM Modi's Make in India, UK launches 'Great Collaborations' with Indian companiesThe programme called 'Great Collaborations' will seek greater cooperation between the companies based in India and the UK on a range of sec...
10 Jan, 2015, 11.22 PM IST
RIL rallies over 5% on approval of $3.18-bn plan in KG-D6 blockRIL rallied after the oil & gas major and its partner BP Plc won approval to invest $3.18 billion in R-Series gas field in the flagging KG-...
29 Aug, 2013, 03.52 PM IST
BP surrenders 12 oil and gas blocks on poor hydrocarbon prospectsUK's BP plc has relinquished, or surrendered, 12 out of the 21 oil and gas blocks where it had bought 30 per cent stake from Reliance Indus...
10 May, 2013, 05.43 PM IST
- BP says making efforts to ramp up gas output at KG-D6
BP today said it along with its partner Reliance Industries making efforts to improve gas output at their flagging eastern offshore KG-D6 f...
18 Jul, 2012, 10.26 PM IST
- Indian Oil Corp signs MoU with UK's British Petroleum for acetic acid plant
IOC) today said it has signed an MoU with UK's BP plc for setting up a 1 million tonnes acetic acid plant in Gujarat.
23 Nov, 2011, 05.28 PM IST
- Volker Schultz joins Essar Oil as UK head
Ruias-owned Essar Energy Plc has appointed Volker Schultz as the Chief Executive Officer of its UK subsidiary, Essar Oil (UK)Ltd.
29 Sep, 2011, 10.20 AM IST
- Reliance Industries surges 1.55 pc on bourses
Stocks of Reliance Industries surged by as much as 1.55 per cent in morning trade on the bourses today.
07 Jul, 2011, 01.06 PM IST
- Hardy Oil not to raise stake in Reliance gas block
UK's Hardy Oil and Gas Plc today said it will not exercise the option to raise its stake in a RIL-operated gas block, which is one of the 2...
06 May, 2011, 01.21 PM IST
Reliance-BP deal not on same footing as Cairn-Vedanta dealThe transaction, which BP and Reliance said will be "subject to Indian regulatory approvals and other customary conditions," is nothing but...
21 Feb, 2011, 07.14 PM IST
- Searing crude fuels BP's jatropha drive
The $274-billion oil major British Petroleum Plc (BP) is all set to tap the virgin bio-diesel market in India. Fight kids' asthma organical...
01 Dec, 2007, 12.38 PM IST