If the order holds, the oil ministry can impose its demand of $2.81 billion on RIL and its foreign partners. The ruling will ...

While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...

In 2018, the arbitral tribunal had ruled in favour of RIL, rejecting the government’s claims and stating that the PSC did not ...

BP chief executive Murray Auchincloss took a £2.3 million pay cut last year amid a slump in profit at the fossil fuel giant. Mr Auchincloss took home £5.4 million in 2024 including bonuses and shares, ...

RIL said that it is legally advised that the Delhi High Court judgement and this provisional demand raised by the Petroleum ...

Demand imposed by the Indian Oil Ministry on Block KG-D6 partners follows recent Delhi High Court decision, which overturned ...

This follows the Delhi High Court's decision on February 14, overturning an international arbitration tribunal ruling that ...

Indian government demands USD 2.81 billion from Reliance Industries and BP for gas produced from an ONGC block, following a ...

In the wake of the division bench ruling, the Ministry of Petroleum issued a letter of demand to Reliance Industries, BP ...

Tickets are now on sale for the March 26 Diversity in Business Awards luncheon, which will celebrate the Lifetime Achievement ...

BP’s industry-leading commitment to green energy is, for now, over and its focus is returning to fossil fuels. A new strategy announced on its capital markets day on Wednesday has cemented the company ...