Recent Highlights
All Stories for Bp Plc
Former IOC chairman Sarthak Behuria joins Reliance Industries to steer fuel retail venture; partners plan to expand oil retailing network
• 5 years agoLast year, BP Plc paid Rs 7,000 crore to buy a 49 percent stake in Reliance Industries' fuel retail business.
Reliance Industries becomes first Indian firm to hit Rs 10 lakh cr m-cap-mark; share price hits record high of Rs 1,584 per piece
Fp Staff • 5 years agoReliance Industries is still ahead of British energy major BP Plc in terms of market valuation.
Reliance Industries' market cap comes very close to Rs 10 lakh cr in intra-day trade as stock hits record high
• 5 years agoThe market valuation of Reliance Industries, the country's most valued firm, came very close to the Rs 10 lakh crore mark in intra-day trade on Tuesday
New fuel retail policy: Licensees have to set up minimum 100 petrol pumps, 5% of it in remote areas
• 5 years agoIndia's new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least 5 percent of them in remote areas
Reliance Industries overtakes British energy giant BP Plc to become 6th largest company in the world; now valued at $138 bn
Fp Staff • 5 years agoThe market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark helped by the continuous rise in its share price. It overtook BP Plc to become the world’s sixth-largest energy company in terms of market capitalisation.
Reliance Industries says on track to produce gas from newer fields by mid-2020;
• 5 years agoReliance Industries and its partner BP Plc of the UK had in June 2017 announced an investment of Rs 40,000 crore in three sets of discoveries to reverse the flagging production in KG-D6 block
Reliance Industries, BP take over Niko's 10% stake in eastern offshore KG-D6 block
• 5 years agoReliance Industries and UK's BP plc have taken over the 10 percent shareholding of their partner Niko Resources in the eastern offshore KG-D6 block after the Canadian firm defaulted on paying for its share of gas field development cost
Fitch Ratings raises Reliance Industries outlook to positive on company's zero net-debt announcement
• 6 years agoFitch Ratings on Friday raised the outlook on Reliance Industries (RIL) to positive from stable due to the company's potential to further deleverage following its announcement to eliminate its net debt by March 2021
Reliance Industries, BP form joint venture to set up 5,500 petrol pumps; retail aviation turbine fuel for airlines in India
• 6 years agoReliance Industries and UK's BP plc have agreed to form a new joint venture to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India, the two firms said on Tuesday
Reliance Industries asks Niko Resources to exit from KG-D6 gas block over payment default, Canadian firm seeks to stall move
• 6 years agoReliance is the operator of KG-D6 block with 60 percent stake and UK's BP plc has 30 percent interest.