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RIL-BP strikes BIGGEST FDI deal

Mukesh Ambani-led Reliance Industries' $7.2 billion deal with British giant BP Plc, cleared by the government on Friday, is seen as the biggest foreign direct investment into India. The mega......

RIL, BP shut down D1/D3 gas field in KG-D6 block

The fields were India’s first deepwater gas field, which started production in April 2009. The fields were expected to cease production in 2015. The joint venture (JV) of Reliance Industries......

RIL, BP to invest Rs 800 cr in Tamil Nadu

The companies will carry out exploratory drilling in an offshore block between Puducherry and Karaikal. Reliance Industries Ltd, along with its partner British Petroleum, plans to invest about Rs......

RIL-BP working to extend life of gas fields in KG-D6 block

  BP, Europe's second-largest oil company, is working with Reliance Industries to extend the life of producing gas fields in the Bay of Bengal KG-D6 block. BP, which bought a 30 per cent stake......

RIL-BP to invest $10bn to quadruple natural gas output by 2020

Global oil giant BP Plc and its partner Reliance Industries will invest $5-10 billion to quadruple natural gas production by 2020. RIL-BP, who are currently producing about 11.8 million standard......

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