Reliance and BP plan to split Niko's share in proportion to their existing shareholding in the block.
15 Sep 2019 12:54 PM
RIL also entered a deal with BP to sell 49 pc stake in its fuel marketing business in India for USD 1 billion.
14 Aug 2019 11:51 AM
Last week, the two firms had announced a new joint venture to set up petrol pumps and retail aviation turbine fuel in India.
12 Aug 2019 12:12 PM
The new venture will take over Reliance’s 1,400-plus retail fuel stations and its aviation fuel business spread across 30 Indian airports.
07 Aug 2019 8:42 AM
The fields produced an average of 1.76 million standard cubic metres per day of gas during April-June, the firm said.
21 Jul 2019 1:40 PM
The three projects will help reverse the falling gas output from what was once the biggest gas-producing block in India.
17 Jul 2019 6:18 PM
These projects together, when fully developed, will bring about 1 billion cubic feet a day of new domestic gas onstream.
12 Jun 2019 1:53 PM
Reliance and its partner BP Plc had in 2017 announced an investment of Rs 40,000 crore in three sets of discoveries.
19 Apr 2019 6:16 PM
Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.
12 Aug 2018 11:53 AM
Like rivals Shell, BP is plans to use its vast global network of filling stations to carve out a position in the EV market.
29 Jun 2018 12:46 PM
Move to open up additional revenue opportunities for incumbent companies.
11 Jun 2018 9:02 AM
Official at Oil Ministry says total penalty on companies now stands at $3.02 bn or Rs 19,344 crore.
15 Aug 2017 3:36 PM
RIL and BP this year announced investing Rs 40,000 cr to reserve the flagging production from KG-D6 block.
14 Aug 2017 2:22 PM
Centre had conditionally agreed to BP Inc’s demand.
24 Jun 2017 3:45 AM
RIL chairman Mukesh Ambani said two firms have also agreed on a strategic cooperation.
16 Jun 2017 8:58 AM