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Reliance drops Oman offshore oil projectIndia's Reliance Industries has abandoned plans to develop an offshore oil exploration block in Oman six years after signing a production sharing agreement with the government, an oil and gas ministry official said. "Reliance has informed More… |
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Reliance Industries net profit up 28pcIndia's largest private sector firm Reliance Industries has reported a 28 per cent rise in quarterly net profit, boosted by earnings from refining crude and higher gas output. The oil and petrochemical giant said net profit for the thr More… |
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RIL's stake in Iraq oil block reduces to 80pcReliance Industries' holding in northern Iraq oil block has been reduced to 80 per cent after the Kurdistan Regional Government assigned 20 per cent stake in the block to Austria's OMV Petroleum Exploration. 'The Regional Gover More… |
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India's Reliance close to $6bn overseas buyIndian energy giant Reliance Industries is close to a nearly $6 billion overseas acquisition and the likely target is the assets of petrochemicals firm LyondellBasell, the Economic Times reported on Monday, citing an unidentified banker. L More… |
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Oman Oil buys exploration stakes in RelianceState-run Oman Oil Company (OOC) on Wednesday bought stakes in two of the oil concessions blocks run by Reliance Industries in the Gulf of Oman, the firms announced on Wednesday. OOC has bought a 30 per cent stake in block 18 and a 25 per More… |
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Ambani visits J. Ray facilityReliance Industries chairman Mukesh Ambani visited J Ray McDermott Middle East's (J Ray) fabrication facility and marine department in Jebel Ali Free Zone. Ambani arrived to inspect the Control Riser Platform (CRP) topsides which is curren More… |
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Reliance gets oil blocks in YemenYemen signed two oil exploration deals with a unit of India's biggest listed company, Reliance Industries, the Yemeni news agency Saba reported. Under the production sharing agreements, Reliance Exploration & Production DMCC a More… |
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Reliance gets second Oman exploration blockIndia's Reliance Industries signed a contract for a second exploration block off the Oman coast in the Gulf, a senior company official said. 'Block 41 is adjacent to our existing block in Oman and is spread over 20,000 sq km,' Atul Chandra More… |
Reliance Q2 net up 28pcIndia's biggest listed company, Reliance Industries, posted a better-than-expected 28 per cent rise in second-quarter net profit on strong oil refining margins. India's most valuable company, worth about $94 billion, said its July-Septembe More… |
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Reliance reports new oil findIndia's Reliance Industries has reported an oil discovery in a new block in the Krishna Godavari (KG) basin, the director-general of Hydrocarbons said. 'They (Reliance Industries) have informed us today about the oil find and production te More… |
