Last Updated: Friday, November 18, 2011, 17:31
Reliance Industries and UK's BP Plc on Friday announced incorporation of India Gas Solutions Pvt Ltd, a 50:50 joint venture company for sourcing and marketing of natural gas in India.
Last Updated: Monday, November 7, 2011, 00:08
BP's (BP.L) plan to sell a stake in its South American unit for USD 7 billion (4 billion pounds) has collapsed, potentially trimming the oil major's cash flow and making it harder to raise its payout to shareholders.
Last Updated: Sunday, August 21, 2011, 15:20
Reliance Industries Ltd (RIL) is likely to close its USD 7.2 billion deal to sell stake sale in 21 oil and gas blocks to UK's BP plc in the next 7-10 days.
Last Updated: Monday, July 12, 2010, 09:26
BP reported good progress in its high-stakes effort to fully contain the Gulf of Mexico oil leak.
Last Updated: Saturday, May 1, 2010, 09:40
Oil from a giant Gulf of Mexico slick began washing onto Louisiana shores, threatening an environmental calamity, as President Barack Obama called for a "thorough review" of the disaster.
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