Last Updated: Thursday, October 3, 2013, 09:32
BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially sparing the oil company billions of dollars of extra costs.
Last Updated: Wednesday, October 2, 2013, 11:20
BP Plc unnecessarily delayed the capping of its Macondo well and worsened the extent of the 2010 Gulf of Mexico oil spill through dithering and indecision, according to allegations by plaintiffs' lawyers on Tuesday that the British company denied.
Last Updated: Thursday, August 29, 2013, 13:52
Reliance Industries and its partner BP Plc on Thursday won approval to invest USD 3.18 billion in R-Series gas field in the flagging KG-D6 block.
Last Updated: Friday, August 23, 2013, 09:45
Energy conglomerate Reliance Industries and its partner supermajor BP plc on Friday said they have made a second deep-water gas condensate discovery in the Cauvery basin, off the east coast.
Last Updated: Wednesday, June 19, 2013, 18:09
BP along with Reliance Industries had won the deep-sea KG-DWN-2005/2 or KG-D17 block in the seventh round of auction under New Exploration Licencing Policy (NELP) in 2008.
Last Updated: Friday, May 24, 2013, 20:32
Reliance Industries (RIL) Friday announced a huge natural gas discovery, possibly the biggest find ever, in the flagging eastern offshore KG-D6 block that will be key to arresting falling output.
Last Updated: Friday, May 17, 2013, 21:18
BP plc, Europe's second-biggest oil firm, Friday said it its board met for the first time in India this week to gain an understanding of opportunities in the world's third largest energy consuming nation.
Last Updated: Tuesday, May 14, 2013, 18:44
Members of BP board including Chairman Carl-Henric Svanberg and CEO Bob Dudley arrived here today ahead of the board meeting, sources privy to the development said.
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 29, 2013, 17:22
BP chief executive Bob Dudley on April 15 wrote to the Prime Minister seeking clear roadmap to market determined pricing of natural gas saying it will help the country cut its import of liquefied natural gas (LNG).
Last Updated: Friday, April 5, 2013, 16:13
Reliance Industries and its partner BP plc have won approval to drill a well on the MA oil field in the flagging KG-D6 block to augment natural gas production.
Last Updated: Thursday, March 28, 2013, 15:14
UK's BP plc has said that Rangarajan Committee recommendation of doubling domestic natural gas price to USD 8-8.5 per mmBtu will be inadequate for bringing high risk deepsea discoveries to production.
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