Keyword: Reliance Industries

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India's Reliance in Running for Marcellus JV

17.03.2010 - Indian energy major Reliance Industries is seeking a joint venture with Atlas Energy to develop the U.S. firm's Marcellus Shale gas operations, a source with direct knowledge of...

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Reliance Out of Race for Canada Firm

16.03.2010 - 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...

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Lyondell Wins OK Of Big Bankruptcy Creditor Pact

12.03.2010 - LyondellBasell on Thursday won court approval for a $450 million settlement to resolve litigation with creditors over its 2007 leveraged buyout, and pave the way for the big...

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Blavatnik Seeks up to 15% Stake In New Lyondell

11.03.2010 - Billionaire Len Blavatnik, who led the 2007 leveraged buyout that created LyondellBasell , will seek a stake of up to 15% in the reorganized petrochemical maker when it exits...

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Lyondell Files Restructuring, Rejects Reliance Bid

09.03.2010 - LyondellBasell filed a restructuring plan on Monday, rejecting a takeover bid from India's Reliance Industries that valued the bankrupt petrochemicals firm at $14.5 billion. As...

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Lyondell: Reliance Offer Not Sufficiently Valuable

08.03.2010 - An offer from Indian energy major Reliance Industries was not sufficiently valuable to LyondellBasell to abandon its reorganisation plan, Lyondell said in a court filing on Monday...

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Lyondell Rejects India's Reliance Bid

02.03.2010 - Bankrupt petrochemicals firm LyondellBasell has rejected a bid by Indian energy major Reliance Industries, Bloomberg reported, citing two people briefed on the matter. Reliance...

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Reliance May Look Elsewhere As Lyondell Hopes Fade

02.03.2010 - Indian energy major Reliance Industries is likely to turn its attention to other acquisition opportunities if its bid for LyondellBasell, valuing the bankrupt firm at $14.5 billion...