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Reliance, BP invite bids for sale of gas from KG D6 basin R Cluster is the first in trio of projects that account for 25 per cent of domestic production of these companies; S&P Globals unit CRISIL Risk and Infrastructure Solutions Ltd will conduct online auction process BusinessToday.In | December 30, 2020 | Updated 14:34 IST Together these three projects are expected to meet 15 per cent of Indias gas demand by 2023 Reliance Industries Ltd and UKs BP Plc have invited companies to bid for the s...

Reliance And BP Invite Bids For Sale Of Gas Produced From KG D6 Basin Reliance Industries chairman Mukesh Ambani. Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BPEAL) have invited bids through online platform companies for the gas produced from the KG D6 basin in Kakinanda. In a public notice, RIL and BP while inviting bids said they expect to sell the gas from 1 February 2021. "The gas produced for KG D6 will be available for sale at the delivery point at Gadimoga near Ka...

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sebos/Adobe Stock The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas India’s energy basket. India set to strengthen natural gas production A few days ago, Reliance Industries Limited (RIL) and BP announced the start of production from the R Cluster, ultra-deepwater gas field in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6: R Cluster, Satellites Cluster...

The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic fe...

Commissioned Indias first ultra-deepwater gas project First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production Reliance Industries Limited (RIL) and bp today announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to mee...

The equity barometers extended losses and hit the days low in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, fell 316.41 points or 0.67% at 46,644.28. The Nifty 50 index slipped 96.55 points or 0.70% at 13,664. The selling was broad based. The S&P BSE Mid-Cap index fell 0.87%. The S&P BSE Small-Cap index lost 0.73%. Sellers outnumbered buyers. On the BSE, 1,085 shares rose and 1,779 shares fell. A total of 155 shares were unchanged. In Nifty 50 index, 13 stocks advanced...

MUMBAI: Shares of Reliance Industries ( RIL) advanced more than 1 per cent on Monday after the oil-to-telecom conglomerate and BP Plc announced late on Friday the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. At 9:38 am, shares of the index heavyweight were up 1.08 per cent to Rs 2,013.70, while benchmark Sensex dropped 0.26 per cent to 46,838.01 points. RIL and BP are developing three deepwater gas projects in block KG D6 – R C...

India: Reliance and BP announce first gas from Asia’s deepest project 21 Dec 2020 Commissioned Indias first ultra-deep water gas project First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~...

Reliance Industries (RIL) rose 0.64% to Rs 2005, extending gains to fourth consecutive session. The stock has added 1.57% in four sessions while the benchmark S&P BSE Sensex has added 1.51% during the same period. RIL and bp on Friday announced the start of production from the R Cluster, ultra-deep-water gas field in block KG-D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 - R Cluster, Satellites Cluster and MJ - which together are expected ...