Oil and gas bosses call for ‘effective’ climate deal

The CEOs of 10 global oil and gas companies have called for an “effective” climate change agreement at the COP21 conference in Paris. BG Group, BP, Eni, Pemex, Reliance Industries, Repsol, Saudi Aramco, Shell, Statoil and Total make up the Oil and Gas Climate Initiative (OGCI). They recognise the ambition to limit global average temperature rise to […]

New gas discovery off India’s east coast

An Indian private sector company and British firm BP have announced a new gas discovery off the east coast of India. Located 62 kilometres from the coast in the Cauvery Basin, it is the second gas discovery in the deepwater block CY-DWN-2001/2. Reliance Industries Limited (RIL), flagship company of Reliance Group – with businesses in […]