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Reliance BP Mobility Limited (d/b/a Jio-bp), is an Indian oil and gas company, owned by Mukesh Ambani of Reliance Industries Limited (RIL). It is based in Navi Mumbai , Maharashtra , India . It is vertically integrated and is involved in hydrocarbon exploration, production, refining and also has interests in the downstream business and operates ...
For manipulating shares of Reliance Petroleum Limited (RPL), Reliance Industries was fined Rs. 950 crore (about 447 crore in retracted gains and 500 crore in interest) in 2007. [105] In April 2006, RPL went public as a Reliance subsidiary at a price of Rs. 60 per share.
The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Motikhavdi, Jamnagar, Gujarat, India.The refinery was commissioned on 14 July 1999 with an initial installed capacity of 668,000 barrels per day (106,200 m 3 /d).
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He is the senior most individual in the Reliance Industries day-to-day operations corporate organizational chart excluding Chairman Mukesh Ambani. [ 1 ] [ 2 ] PMS Prasad has also served as the Chief Executive Officer of Reliance Petroleum Limited.
Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a polyester firm. It was renamed to Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002 ...
Since that discovery Reliance and others have joined the exploration effort. 14 trillion cubic feet (0.4 trillion cubic metre) of gas by Reliance Industries in KG-DWN-98/l (KG-D6) in 2006. [2] 1,800 metre (6,000 feet) below the sea floor. [3] 20 trillion cubic feet (5.7 × 10 11 m 3) of gas by Gujarat State Petroleum Corporation in June 2005. [4]
In June 2002, the Government of India as a part of its disinvestment programme divested 26% of its equity shares in favour of Reliance Petroinvestments Limited (RPIL), a Reliance Group Company. RPIL acquired an additional 20% equity shares through a cash offer in terms of SEBI (Takeover Regulations) and held 46% of Company's equity shares.