BP India

At peak capacity, block to account for one third of India's domestic gas production

Jio-bp will set up EV charging and swapping stations at various Omaxe properties across 12 cities under the agreement

During his visit, Pradhan interacted with leadership and employees at the centre, bp said in a statement.

Reliance BP Mobility Ltd, has deployed a mobile fuel bowser in Mumbai for supplying fuel free of cost to ambulances on Covid-19 duty, a company statement said on Tuesday

Major oil companies typically hold assets for the long term, even when crude prices plunge, with a view to start bringing more marginal production online when market conditions improve

Investment will help GGEF rapidly scale up commercially viable no-carbon and low carbon solutions and help India achieve its climate goals

British oil producer BP has completed the full reversal of all its previously booked impairments on the D6 block in the Krishna-Godavari basin (KG-D6), the company said in its annual report for 2017.It is confident of commencing production from the R-Series deepwater gas fields in KG-D6 by 2020."In 2017, BP recorded a $30-million impairment reversal and a $56-mn reversal of exploration write-offs due to increased confidence in the progress of projects in Block KG-D6. This fully reverses all previously booked impairments on the block," BP said.BP holds 30 per cent in Reliance Industries' (RIL's) KG-D6 block. In 2014, the company stated, it recorded an $810-million charge, comprising a $415 mn impairment charge and $395 mn exploration write-off, to write down the value ascribed as part of the acquisition of upstream interests from RIL in 2011. The impairment charge rose as a result of uncertainty in the long-term gas price outlook back then, after introduction of a new formula for ...