07.02.2011 • NewsBPRelianceReliance India

BP in Talks to Buy Stake in Reliance Gas Block

BP is in talks with Indian energy major Reliance Industries to buy a 30 to 45 percent stake in the D6 hydrocarbon block in a basin off India's east coast, the Mint newspaper reported on Monday citing a person with knowledge of the development.

Reliance is pumping 52-53 million cubic metres of gas a day from the Krishna Godavari block, less than the 60 million cubic metres it produced last year, but the country's upstream regulator has said output could rise by April.

Officials at Reliance and BP could not immediately be reached for a comment.

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

most read

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.