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Commissioned India's 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 meet ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure...

The equity barometers extended losses and hit the day's 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 while 37 stocks declined. Foreign portfolio investors (FPIs) bought shares worth Rs 2,720.95 crore...

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 Cluster, Satellites Cluster and MJ – which together are expected to meet ~15 per cent of India’s ...

India: Reliance and BP announce first gas from Asia’s deepest project 21 Dec 2020 Commissioned India's 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 ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in...

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 to meet approximately 15% of India's gas demand by 2023. These projects will utilise the existing hu...