Last Updated: Friday, May 10, 2013, 17:34
UK's BP plc has relinquished, or surrendered, 12 out of the 21 oil and gas blocks where it had bought 30 percent stake from Reliance Industries for USD 7.2 billion, due to poor hydrocarbon prospects.
Last Updated: Monday, April 15, 2013, 20:36
On his second visit to India in as many months, Dudley along with Ambani met Prime Minister Manmohan Singh and senior government functionaries to brief them about their investment plans as also to seek clarity on regulatory issues.
Last Updated: Thursday, November 29, 2012, 15:26
Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy assets worth over USD 1 billion from BP oil and gas in the UK North Sea.
Last Updated: Tuesday, November 20, 2012, 20:21
BP Plc, Europe's second-biggest oil company, has demanded a market price for natural gas to enable immediate development of a huge 10 Trillion cubic feet of discoveries to help unlock up to USD 100-150 billion value.
Last Updated: Monday, October 15, 2012, 20:05
BP last year bought a 30 percent interest in 23 oil and gas of RIL for USD 7.2 billion and formed a joint venture with the billionaire Mukesh Ambani-run firm for sourcing and marketing of natural gas.
Last Updated: Monday, October 15, 2012, 11:10
UK's BP plc has relinquished or surrendered 9 out of the 21 oil and gas blocks where it had bought 30 percent stake from Reliance Industries for USD 7.2 billion, due to poor hydrocarbon prospects.
Last Updated: Wednesday, October 10, 2012, 10:57
British Petroleum has finally found a buyer for its largest but troubled Texas City refinery and agreed to sell it to Marathon Petroleum Corp for USD 2.5 billion.
Last Updated: Wednesday, May 9, 2012, 19:27
With an eight-fold increase, India attracted foreign direct investment (FDI) of USD 8.1 billion in March, the highest ever monthly inflows, despite a brouhaha over Rs 11,000 crore Vodafone tax dispute.
Last Updated: Tuesday, January 3, 2012, 18:43
Halliburton cemented the failed well that caused the United State's biggest offshore oil spill.
Last Updated: Monday, January 2, 2012, 16:15
BP, which recently bought 30 percent stake in KG-D6 and 20 other blocks of Reliance Industries.
Last Updated: Wednesday, November 23, 2011, 17:46
The plant will employ BP's Cativa XL technology and use petroleum coke feedstock from Indian Oil, the companies said in a statement, which did not disclose any financial details.
Last Updated: Saturday, November 19, 2011, 18:00
British oil giant BP has agreed to sell its Pompano and Mica oil fields in the Gulf of Mexico to Stone Energy Offshore.
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