Reliance Industries
Reliance to set up 10 GW solar energy project in AP: Ambani
Renewable Energy
March 3, 2023
Reliance to set up 10 GW solar energy project in AP: Ambani
Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra Pradesh to set up a…
Jio-bp to power Zomato’s 100% electric vehicle fleet
Power
June 15, 2022
Jio-bp to power Zomato’s 100% electric vehicle fleet
A fuel and mobility joint venture between Reliance Industries and bp called Jio-bp, and food aggregator Zomato on Wednesday announced…
Bonanza for Reliance, ONGC: Gas price to more than double this week
Oil & Gas
March 30, 2022
Bonanza for Reliance, ONGC: Gas price to more than double this week
In a bonanza for gas producers, Reliance Industries is set to get a record price of around $10 per MMBtu…
Reliance sells CBM gas for over $23
Oil & Gas
March 11, 2022
Reliance sells CBM gas for over $23
Reliance Industries has sold natural gas produced from a coalfield in Madhya Pradesh for over $23 to firms, including GAIL,…
Reliance to restructure, repurpose gasification assets
Oil & Gas
November 25, 2021
Reliance to restructure, repurpose gasification assets
Reliance Industries board decided to implement a ‘Scheme of Arrangement’ to transfer the ‘Gasification’ undertaking into a wholly-owned subsidiary. “RIL…
Reliance buys REC Solar for $771 million
Renewable Energy
October 10, 2021
Reliance buys REC Solar for $771 million
India's Reliance Industries Ltd on Sunday announced acquisition of REC Solar Holdings for an enterprise value of $771 million from…
19 firms evince interest to set up solar PV units under PLI
Renewable Energy
September 23, 2021
19 firms evince interest to set up solar PV units under PLI
As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up…
Reliance aims at 100 GW renewable energy by 2030
Renewable Energy
September 3, 2021
Reliance aims at 100 GW renewable energy by 2030
Reliance Industries will by 2030 create or enable capacity to generate at least 100 GWs of electricity from renewable sources,…
PM announces self-reliance in energy by 2047
Power
August 15, 2021
PM announces self-reliance in energy by 2047
Prime Minister Narendra Modi formally announced the launch of a National Hydrogen Mission to accelerate plans to generate the carbon-free…
$300-400M investment expected in latest oil & gas bid round
Oil & Gas
August 7, 2021
$300-400M investment expected in latest oil & gas bid round
India on Friday launched a new oil and gas exploration bid round, hoping to attract USD 300-400 million investment in…
India’s gas production jumps 19.5% in June
Oil & Gas
July 23, 2021
India’s gas production jumps 19.5% in June
India's natural gas production jumped 19.5% in June, as Reliance Industries Ltd and its partner BP Plc ramped up output…
Ambani to invest Rs 75,000 cr towards clean energy
Renewable Energy
June 25, 2021
Ambani to invest Rs 75,000 cr towards clean energy
Billionaire Mukesh Ambani announced a Rs 75,000 crore investment in setting up four 'Giga' factories to make solar photovoltaic cells,…
No option but to make businesses green: Ambani
Sustainability
June 22, 2021
No option but to make businesses green: Ambani
Asia's richest man Mukesh Ambani said there is no option for businesses but to go green and every unit of…
Saudi Aramco’s possible appointment on Reliance board
Oil & Gas
June 21, 2021
Saudi Aramco’s possible appointment on Reliance board
Saudi Aramco chairman and Governor of the Kingdom's wealth fund Public Investment Fund, Yasir Al-Rumayyan, may be inducted on the…
RIL to foray into new energy business amid climate concerns
Sustainability
June 4, 2021
RIL to foray into new energy business amid climate concerns
As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL)…
Reliance-BP delivers deep water gas fields despite COVID
Oil & Gas
May 24, 2021
Reliance-BP delivers deep water gas fields despite COVID
Reliance Industries Ltd along with its JV Partner BP had embarked on concurrent development of three deep water fields in…
India’s gas output rises 23% as RIL-BP fields start production
Oil & Gas
May 21, 2021
India’s gas output rises 23% as RIL-BP fields start production
India's natural gas production jumped 22.7% in April after Reliance Industries Ltd and its partner BP Plc ramped up output…
Intense bidding for KG-D6 gas in e-auction
Oil & Gas
May 14, 2021
Intense bidding for KG-D6 gas in e-auction
Gas user’s companies like Indian Oil Corporation (IOC), Reliance O2C, GAIL Gas, Adani Total Gas Ltd, Torrent Gas, Torrent Power…
Reliance-BP seek buyer for 5.5 mmscmd gas from KG-D6
Oil & Gas
April 4, 2021
Reliance-BP seek buyer for 5.5 mmscmd gas from KG-D6
Reliance Industries Ltd and its partner BP Plc of UK have sought bids for sale of 5.5 million standard cubic…
Gas producers bleed as govt dictated prices remain low
Oil & Gas
April 3, 2021
Gas producers bleed as govt dictated prices remain low
Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers as government-dictated gas price remains…
Reliance-Aramco deal if crude oil averages USD 65/barrel
Oil & Gas
March 26, 2021
Reliance-Aramco deal if crude oil averages USD 65/barrel
A fall in crude oil price and Aramco's USD 75 billion annual dividend commitment may have delayed Saudi company picking…
India’s gas production has risen above pre-COVID level
Oil & Gas
February 11, 2021
India’s gas production has risen above pre-COVID level
India’s natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated…
Reliance & BP to pay for shortfall in KG-D6 production
Oil & Gas
January 3, 2021
Reliance & BP to pay for shortfall in KG-D6 production
Reliance Industries and its partner BP Plc of UK have committed to pay in cash for any natural gas volumes…
RIL’s R-Series field to start gas production from November
Oil & Gas
November 2, 2020
RIL’s R-Series field to start gas production from November
Reliance Industries plans to start the delayed production from the second wave of discoveries in its eastern offshore KG-D6 block…
Aramco, ADNOC committed for $44 bn west coast project
Oil & Gas
October 15, 2020
Aramco, ADNOC committed for $44 bn west coast project
Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (ADNOC) are still committed to investing in the…