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Reliance Industries Ltd.

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About

Our motto “Growth is Life” aptly captures the ever-evolving spirit of Reliance. Our activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and telecommunications. In each of these areas, we are committed to innovation-led, exponential growth. Our vision has pushed us to achieve global leadership in many of our businesses – including our position as the largest polyester yarn and fiber producer in the world. Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India.

As Reliance sets sights on even more ambitious goals, we remain inspired and guided by the story and philosophy of our founder chairman Dhirubhai Ambani. Hailing from modest means, he followed his dream to create India's largest company. Reliance as an organization has adopted this ethos of converting adversity into opportunity and making the impossible possible by challenging conventional wisdom.

Our ultimate aim has always been – and will always be – to touch the lives of people in a positive way

Transactions

Report Date Amount (MM) Description
2021-11-08 --

India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale

India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale

Report Date Amount (MM) Description
2021-06-28 --

Marketed: Reliance Eagle Ford Shale ORRI Package

Marketed: Reliance Eagle Ford Shale ORRI Package

Report Date Amount (MM) Description
2021-04-06 $250.00

India’s Reliance Sells Marcellus Shale Position to Northern Oil and Gas

India’s Reliance Sells Marcellus Shale Position to Northern Oil and Gas

Report Date Amount (MM) Description
2020-08-18 $88.00

Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture

Newpek Sells Out of Texas Shale Including Eagle Ford Joint Venture

Report Date Amount (MM) Description
2018-03-15 $221.50

Pioneer Natural Resources Deals Eagle Ford Assets For $221.5 Million

Pioneer Natural Resources Deals Eagle Ford Assets For $221.5 Million

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Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
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Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

2023-2025 Subsea Tieback Round-Up

Here's a look at subsea tieback projects across the globe. The first in a two-part series, this report highlights some of the subsea tiebacks scheduled to be online by 2025.

Ecopetrol Reaches 10 MMbbl Sales of Carbon-Compensated Crude

State-owned Ecopetrol reached the 10 MMbbl mark for the sale of its carbon-compensated crude to markets in Asia, Europe and the Americas.

India's Solar Energy Corp. Proposes Joint Venture with Reliance

Under the proposal, Solar Energy Corp.  will invite international bids for the supply of renewable energy to Reliance Industries' refineries and facilities in Gujarat.

MJ Field Offshore India Goes Onstream

HP/HT development follows R Cluster, Satellite Cluster in the deepwater KG D6 Block in the Bay of Bengal.

India's Reliance to Raise Up to $2B to Fund Expansion: Bloomberg News

Reliance plans on using India's dedicated external commercial borrowing route to secure a $2 billion loan. 

Subsea Tieback Round-Up for 2022-2024

Here's a round-up of subsea tiebacks projects across the globe. The first in a two-part series, this list is a look at some of the subsea tiebacks scheduled to be online by 2024.

Analyst: Gas Production Offshore India Continues to Ramp Up

The Block KG D6 development leads offshore activity for India, while oil and gas production onshore is likely to remain level through 2030.

India’s Reliance Buys At Least 15 Million Barrels of Russian Oil: Traders

Indian refiners have snapped up the cheap barrels of Russian oil as India, the world’s third-biggest oil importer and consumer, is hit hard by high oil prices.

India’s Reliance Deals Eagle Ford Asset to Ensign, Exiting US Shale

The acquisition of Reliance’s U.S. shale position is set to make Ensign Natural Resources one of the premier private operators in the Eagle Ford, the Houston-based company said.

Reliance Backs Saudi Aramco Chairman as Independent Director

Last week, shareholder California State Teachers' Retirement Fund had voted against the move.

Aramco in Advanced Talks on up to $25 Billion Reliance Deal

Reliance had previously announced a sale of a 20% stake in its oil-to-chemicals business to Aramco for $15 billion in 2019, but the deal stalled after oil prices and demand crashed last year due to the pandemic.

Reliance Joins Bill Gates, Others to Invest $144 Million in U.S. Energy Storage Company

The investment comes months after the company announced plans to become a net-zero company by 2035.

Marketed: Reliance Eagle Ford Shale ORRI Package

Reliance Eagleford Upstream Holding LP retained EnergyNet for the sale of a package of overriding royalty interest in Eagle Ford Shale wells located across DeWitt and Karnes counties in South Texas.

India’s Reliance to Invest over $10 Billion in Green Energy Business

“The age of fossil fuels, which powered economic growth globally for nearly three centuries, cannot continue much longer,” said Reliance Industries Chairman Mukesh Ambani, Asia’s richest man, at a shareholder meeting.

Reliance, BP Start Production at Deepwater Gas Field Offshore India

The Satellite Cluster gas field will produce gas from four reservoirs using a total of five wells, BP said in a news release.