RIL sale of 30% stake in oil blocks to BP cleared

Clearing the last hurdle, the Union home ministry has given unconditional approval for United Kingdom's BP to buy a 30 per cent stake in Reliance Industries' oil and gas blocks, including the......

Reliance-BP deal hinges on NOC from Niko

The government nod to Reliance Industries selling 30 per cent stake in its oil and gas blocks such as eastern offshore KG-D6 to London-based BP Plc for $7.2 billion hinges on no-objection......

Niko can increase stake in 3 RIL blocks

A day after Reliance Industries Ltd announced sale of 30 per cent interest in its 23 oil and gas blocks, Canada-based Niko Resources, RIL's partner in three fields - D6, NEC 25 and D4 - on Tuesday......

Technical lapse: DGH disallows Rel gas discovery

In a surprise development, oil regulator DGH has disallowed a natural gas discovery that Reliance Industries made in Krishna Godavari basin, saying the Mukesh Ambani-run firm had failed to give......