The company has already drilled all the six wells on the field and \"second campaign for installation of subsea production system (SPS)\" was progressing, Reliance Industries said.

Saudi oil giant Aramco is reportedly mulling investment in BPCL, including possible partnership with Reliance India Ltd

Going by the current market capitalisation of BPCL, the buyer will have to shell out at least Rs 60,000 crore to buy the government's 53 per cent stake and about Rs 30,000 crore for another 25 per cent from the public in the mandatory open offer

Reliance-BP is developing three sets of discoveries in KG-D6 block -- R-Cluster, Satellites and MJ -- by 2022 that can produce a peak of 30 mmscmd of gas

Gas production from KG D6 integrated development is expected to help reduce India's import dependence and it will amount to over 10 per cent of the country's projected gas demand in 2022

Keen to get multi-nationals in domestic fuel retailing to boost competition, the government is mulling selling most of its 53.3 percent stake in BPCL to a strategic partner

Privatisation of BPCL will not just shake up fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 trillion disinvestment target

PM Modi will first address the mega 'Howdy Modi' rally with Trump in Houston on September 22. The two leaders would then meet for a bilateral meeting on the sidelines of the United Nations General Assembly (UNGA) session in New York on September 24.

According to sources, the oil minister has given 'unconditional' nod to Reliance and BP for taking over 10 per cent interest of Niko in KG-DWN-98/3 or KG-D6 block in the Bay of Bengal

Mukesh Ambani-controlled RIL has been using cash flow from its flagship petroleum refining business to build the telecom and retail subsidiaries as well as acquiring shale gas in the US and media assets

Reliance Industries has kicked off the process of reducing debt it took to fund telecom and petrochemical businesses

Delhi's IGI airport receives hoax bomb threat, flight operations affected for over an hourSecurity agencies at Delhi International airport went into a tizzy after a hoax bomb call was received on Monday, three days ahead of Independence Day, affecting flight operations at Terminal 2 for around 70 minutes, officials said. The departure area of the Indira Gandhi International Airport's (IGIA) Terminal 2 was immediately evacuated and all passengers were moved at Gate no 4 at the depa...

The company will use proceeds from Saudi Aramco, Brookfield and BP Plc deals to pay off debt