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3 mins read

ONGC, Reliance-BP bid for oil, gas blocks, foreign giants continue to stay away

Thirteen bids were made by five companies including ONGC, Vedanta, Oil India, Sun Petrochemicals, a…

PTI   


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1 min read

Infosys to now allow moonlighting with prior permission, say sources

Software giant Infosys softening its stand on moonlighting has allowed its staffers to take up exte…

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1 min read

BP has purged its European refineries of Russian oil and expects to be rid of most long-term contracts with the Kremlin by year's end

"We're working incredibly hard to eliminate Russian molecules from the system," BP CEO Bernard Loon…

Brian Evans   


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3 mins read

Reliance estimates $400 million liability in KG-D6 cost recovery dispute

The government blamed the phenomenon to the company not sticking to the approved development p…

PTI   


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Tech stocks zoom despite tough times ahead as TCS meets street estimates

Almost all the top tier IT stocks were trading in the green in Thursday early morning trade after T…

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3 mins read

Energy company Wastefuel expects to be as big as BP in 10 years. Here's how it plans to get there.

The energy company Wastefuel has raised $13 million to do early research on three low-carbon fuels …

Karen K. Ho   


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1 min read

Wipro to get at least $100 million more with renewed BP contract

BP, world's leading oil and gas company, has refurbished its outsourcing strategy. As a result, it …

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4 mins read

Sensex, Nifty50 edge lower in morning trade, dragged by Infosys, Wipro and realty stocks

India’s equity markets are likely to open in the red on Wednesday amid negative cues in global mark…

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2 mins read

BP slashed the value of its assets by almost $18 billion as it adjusts to oil's pandemic era new normal

Last week, BP announced it would slash 10,000 jobs in an effort to cope with the global collapse in…

Shalini Nagarajan   


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2 mins read

RIL and BP expect to sell gas from KG-D6 deep water blocks starting February

Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BPEAL) have invited bids throug…

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3 mins read

Reliance-BP to auction more gas from KG-D6 block this month

Hindustan Petroleum Corp Ltd (HPCL) had bought 0.35 mmscmd and 0.10 mmscmd went to Gujarat State F…

PTI   


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3 mins read

Reliance, BP pay $36 mn for exit of Niko in KG-D6 block

New Delhi, Dec 30 () Reliance Industries and UK's BP plc paid USD 36 million to get their defaultin…

PTI   


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4 mins read

RIL and BP cite COVID-19 lockdown for pushing back production from KG-D6⁠— the real reason may the price

"First Gas from R-Cluster field expected by June 2020 subject to lifting of lockdown," it s…

PTI   


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Indian markets open in the red amid weak global cues – Wipro, Zee Entertainment, RIL among stocks to watch out for

Indian equity markets opened in the red on Friday following negative global cues on concerns over g…

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4 mins read

Oil prices continue to tank as storage fears persist, and commodity giant BP warns of a shock 'on a scale never seen before'

"Our industry has been hit by supply and demand shocks on a scale never seen before," Bernard Loone…

Saloni Sardana   


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3 mins read

Partners of Reliance might be joining arbitration in $1.55 bn gas row

After deducting USD 71.71 million royalty paid on the gas produced and adding an interest at the ra…

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1 min read

EPA Lifts Ban On BP's Ability To Bid On Federal Contracts

The ban has been in place since Nov. 2012, the result of the 2010 Deepwater Horizon blowout in the …

Rob Wile   


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3 mins read

BP And The State Of Louisiana Are Basically At War

The 5th Circuit is also hearing the company's case that the $9.6 billion class-action settlement es…

Rob Wile   


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1 min read

These Photos Of The 2010 BP Oil Spill Are Weirdly Mesmerizing

Shortly after the explosion, Greenpeace asked conservation photographer Daniel Beltra to head to Lo…

Harrison Jacobs   


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1 min read

Wipro sets up new Designit Studio in Dallas

"We're very excited to setup the new studio in Dallas, and to provide strategic design services ou…

PTI