The Silicon Review
07 August, 2019
A joint venture has now begun, where two large companies like Reliance of Mukesh Ambani and BP will collaborate to form a petrol station network along with the aviation platform fuels business. This plan now comes after UK oil and gas expansion for the fastest growing market – India.
The country’s swelling middle class propel energy demand has caught the eye of various companies in the world. This is from Saudi Aramco to BP everyone is interested in putting their foot in the market. The other reason is that India is a country, which will have fuel vehicles even after electric vehicles concurring.
This is not the first time BP and Reliance have collaborated. In the year 2011, it had already begun a partnership. Now the new plan will have BP owning 49 percent of the joint venture and at the same time Reliance will own around 51 percent of the entire share. Although, any such financial details are yet to be disclosed the two firms are said to be reaching out to a lot of people through this new plan. Only time will tell how things go for Reliance and BP.
There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...
Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...
This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...
After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...