Tuesday, Dec 01, 2020 | Last Update : 08:42 AM IST

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Reliance, BP take over Niko's 10 pc stake in KG-D6 block

Reliance and BP plan to split Niko's share in proportion to their existing shareholding in the block.

15 Sep 2019 12:54 PM

Moody's says Reliance stake sale to Aramco credit positive

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

BP to pay Rs 7,000 cr for 49 pc stake in Reliance's fuel retail network

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

BP to enter India's fuel retail market with Reliance tie-up

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

Reliance says its main gas fields in KG-D6 block in late life stage

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

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BP, Reliance investing USD 5 billion in KG-D6 to produce 1 bcf of gas

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

Reliance, BP to develop deepest gas discovery in KG-D6 block by 2022

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 to start gas production from R-Cluster in 2nd half of FY21

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

Tribunal rejects BP's claim for legal cost against govt

Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.

12 Aug 2018 11:53 AM

BP acquires electric vehicle charging network Chargemaster

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

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Govt plans to reward oil cos with additional exploration rights

Move to open up additional revenue opportunities for incumbent companies.

11 Jun 2018 9:02 AM

KG-D6: Govt slaps Rs 1,700 crore penalty on RIL, BP

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, BP to submit revised investment plan for KG-D6 gas finds

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

RIL, BP drop 3-year-old gas price challenge

Centre had conditionally agreed to BP Inc’s demand.

24 Jun 2017 3:45 AM

RIL-BP to invest $6 bn in developing new gas fields

RIL chairman Mukesh Ambani said two firms have also agreed on a strategic cooperation.

16 Jun 2017 8:58 AM

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