British Petroleum

Announces further $2.75 bn in share buybacks; annual profit more than doubles to a record $28 bn

The surprise move from the British company is the latest sign of how far Western powers are willing to go to punish President Vladimir Putin for his invasion of Ukraine

BP has 49% stake in the joint venture

The global energy supermajor on Thursday said it is about to open its first 'Jio-bp' branded petrol pump

Reliance-BP in November 2019 auctioned initial gas from the R-Series field at a biddable percentage of Brent crude oil price

Centre is expected to start by next Jan; will assume operational ownership of third-party business processes and look to further extend its work with analytics and data science capabilities

Hong Kong Disneyland reopens June 18, top US Fitness chain files for bankruptcy, and other Covid-19 related news from across the globe

Out of the total 6,802 fuel retail outlets run by private sector companies in India, around 20.5 per cent or 1,400 are currently with the RIL

London-based BP's total earnings for 2017 were $6.2 billion, more than double that of a year ago

After almost two years of negotiations to improve terms to help operate the United Arab Emirates' biggest oilfields

The money is to be paid out over roughly 16 years

RIL, BP and their partner Canada's Niko Resources had in May 2014 filed an arbitration seeking implementation of higher gas prices for the flagging KG-D6 block