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...
Reliance Industries Q4 results key takeaways: O2C drags profit down 12.6% as Jio, retail hold the fortReliance Industries Limited saw its net profit fall 12.6 percent in the March quarter. This was due to challenges in its oil-to-chemicals s...
RIL & BP commence production from third deepwater field in India’s KG D6 blockThe start of gas and condensate production from the MJ field follows the start-up of the R-Cluster field in December 2020 and Satellite Clu...
Reliance, BP form joint venture for fuel retail under Jio-BP brandRIL and BP signed a definitive agreement on Monday to form the new Indian fuels and mobility joint venture after an initial agreement in Au...
RIL, BP submit revised investment plan for KG-D6 gas findsRIL-BP combine does not plan to alter the $3.18 billion investment plan for D-34 or R-Series gas field in the same block, which was approve...
Is Mukesh Ambani planning to do a Jio in fuel retail? Here's what we knowAccording to ET Now, RIL and BP have been invited by the Centre to invest in fuel retailing. RIL had in 2008 began shutting down fuel pumps.
RIL, BP on way to end dispute with governmentRIL, BP and Niko Resources are contemplating pulling out of the arbitration as the policy changes require them to drop the case if they wan...
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.
Law Ministry to opine on BP, Niko status in RIL arbitrationThe near-doubling of gas prices to $8 per million British thermal units that will kick in from next month will accrue to all producers in t...
RIL relinquishes another KG block; company has given up 15 blocks in 2 yearsRIL and BP also decided not to pursue exploration in another nearby block, where gas was discovered but it was not significant, officials s...
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.
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-BP to submit integrated plan for KG-D6 gas finds by OctoberWith KG-D6 output hitting an all time low, RIL & BP will submit an integrated development plan by Oct to produce natural gas from all 18 di...
- RIL, BP form JV to market natural gas in India
Reliance Industries and BP have incorporated India Gas Solutions, a 50:50 joint venture that will compete with existing gas marketing firms.
- 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,...