16.03.2010 • NewsReliance IndustriesBPValue Creation

Reliance Out of Race for Canada Firm

Indian energy major Reliance Industries is out of the race for Value Creation after the Canadian firm sold a majority stake in an oil sands property to BP, a source with direct knowledge told Reuters.

Earlier this year, Reliance, which operates the world's biggest oil refining complex in India, had made a $2 billion takeover bid for majority stake in Value Creation to rival BP's $1.2 billion bid in the privately held Canadian firm. BP will develop and operate the 185,000-acre Terre de Grace block in northern Alberta.

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21.03.2025 • News

What’s Next for Pharma Supply Chains?

Sudden shifts in demand, supply shortages and global collapse have put immense pressure on pharmaceutical logistics. To address these challenges, PHARMAP 2025 brings together industry experts to discover AI-driven supply chain optimisation, strategic logistics partnerships and digital solutions that enhance efficiency and resilience in the pharmaceutical supply chain.