Tue, Jul 24, 2018
The petroleum ministry is looking at splitting GAIL into two firms to resolve the conflict of interest in it being both the transporter and marketer of natural gas.
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Tue, Aug 15, 2017
The Production Sharing Contract (PSC) allows RIL and its partners BP Plc of the UK and Canada's Niko Resources to deduct all capital and operating expenses from the sale of gas before sharing profit with the government.
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.
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