Oil & gas
Reliance, BP expand partnership with JV fuel service stations
06 Aug 2019
Building on Reliance's existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to create at least 5,500 fuel retail outlets across India over the next five years
RIL reports Rs9,036-cr Q1 net profit on revenues of Rs172,956 cr
22 Jul 2019
RIL’s refining revenues, however, declined by 3.0 per cent to Rs96,384 crore ($14.0 billion) with exports falling by 4.5 per cent to Rs50,158 crore ($7.3 billion)
Govt’s petro sector revenues up 79% at Rs595,438-cr in 4 years
16 Jul 2019
The combined profits of the three PSU oil companies increased by nearly 30 per cent to Rs30,055 crore in 2018-19, from 13,091 crore in 2014-15
McDermott wins $4.5 billion EPCI contracts from Saudi Aramco
12 Jul 2019
The contracts involve construction of a gas-oil separation platform, compression and accommodation facilities, in a consortium with China Offshore Oil Engineering Company, worth $3.0 billion, and construction of offshore gas facilities and pipelines worth $1.5 billion
ONGC Videsh, partners to invest $20bn in Mozambique LNG project
20 Jun 2019
ONGC Videsh holds a 16 per cent stake in the Mozambique Rovuma Area-1 Offshore Project, while Bharat PetroResources Ltd the investment arm of Bharat Petroleum Corporation Ltd, and Oil India Ltd also hold stakes in the project
