Fri, Jun 23, 2017
Mukesh Ambani-led Reliance Industries and its partner BP have withdrawn a legal challenge against the government over delay in gas price revision, which will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deepsea at an investment of Rs 40,000 crore by 2022.
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Thu, Jun 15, 2017
Ambani said, "At Reliance, we are all very proud with partnership with BP Plc. In addition, RIL and BP will invest after a span of many years, Rs 40,000 crore of new investment in the next 5 years."
Reliance Industries Chairman Mukesh Ambani and BP's chief executive Bob Dudley will be addressing the media at 5.30 pm on June 15, 2017 to possibly announce a joint fuel pump business.
Tue, Apr 11, 2017
Officials of Saudi Arabia have explored investment opportunities with firms including BP and Chevron to help develop its gas reserves.
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