Archive for July 23rd, 2011

12:05 AM (SAT): Govt sanctions RIL- BP’s $7.2 bn deal

Mumbai, July, 23 (PW News): Indian government nods for BP’s $7.2 billion deal to buy stakes in Reliance’s D6 oil field exploration blocks, marking the first significant investment by oil major in the country. The participation of a global leader in the deepwater fields is expected to strengthen India’s Reliance case in defending its capital [...]