You are here:News» Topics» BP plc   RIL, BP to give $1.2 bn bank
guarantee for higher gas price TOI  Reliance Industries and its
partners BP Plc of UK and Canada's Niko Resources may have to
provide a maximum of USD 1.2 billion in bank guarantees over
three years to get nearly double the rate for natural gas being
produced from the main fields in KG-D6 block.  RIL, government
lock horns over cost recovery TOI  Reliance Industries' KG D-6
block, being developed at a cost of $8.8 billion, has generated
more controversies than gas in recent years.  BP seeks licence
to sell jet fuel in India TOI  BP Plc, Europe's second-largest
oil company, has applied for licence to retail jet fuel or ATF
at airports in India, oil secretary Vivek Rae said on Wednesday.
BP, DGH spar over cost of returning KG-D17 block TOI  British
oil and gas major BP Plc has locked horns with Directorate
General of Hydrocarbons (DGH) over undue charges being sought
for surrendering an Andhra offshore block that has been squeezed
down to 30% of