Reliance Industries Limited (RIL) and bp have announced the initiation of production from the MJ field, marking the completion of their final deepwater development in the KG D6 block, located off India’s east coast. This significant milestone follows the successful start-up of the R-Cluster field in December 2020 and Satellite Cluster in April 2021, both […]
Reliance Industries Limited has reported a 66.7% increase in its profit after tax for the quarter ended 30 June 2021 (1Q FY22) to INR 13,806 crores ($1.9 billion), compared to INR 8,282 crores ($1.11 billion) in net profit for the same period in the previous fiscal year. The Indian conglomerate earned revenue of INR 158,862 […]
Reliance Industries and its partner BP have started production from the Satellite Cluster gas field in the Krishna-Godavari Basin’s KG D6 block off the coast of Andhra Pradesh, India. The Mukesh Ambani-owned group said that the milestone at the Satellite Cluster field has been achieved a couple of months ahead of its schedule despite the […]