The two firms signed a memorandum of understanding to invest in a one million ton per annum acetic plant together with allied gassification facilities for the production of synthesis gas. The unit ...

LONDON, March 24 (KUNA) -- Oil giant British Petroleum (BP) Friday confirmed it had abandoned plans to build a massive refinery in Punjab with the Indian Government. BP signed a letter of intent with ...

HOUSTON, July 22-- The offer by a BP PLC subsidiary to acquire a 30% interest in most of Reliance Industries Ltd.’s (RIL) exploration and production blocks in India has received approval, with ...

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and ...

Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, comprising $11 million each from Morgan Stanley India Infrastructure and BP Ventures. Magenta will use the ...

BP has concluded that the expectations of users in terms of price they were willing to pay for LNG were unrealistic. Power producers and fertiliser manufacturers appeared unwilling to pay more than $3 ...

(Reuters) - India's Reliance Industries and UK partner BP plan joint investment of more than $5 billion (3 billion pounds) over the next three to five years to boost declining output at a key natural ...

BP has invested US$70 million in a green growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar firm Lightsource BP. The investment will be made into ...

In line with the Government of India’s ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives, a contract for the construction and delivery of six 25T BP tugs was finalized with Titagarh Rail Systems ...

Indian private-sector giant Reliance Industries and UK supermajor BP have kick-started gas production from the MJ deep-water gas field in the Krishna Godavari basin offshore India’s east coast. The MJ ...