(EnergyAsia, April 17) — US major Chevron Corp said it will pay $300 million to acquire a 5% stake in Reliance Petroleum Limited’s (RPL) Jamnagar export refinery in India. The agreement with Reliance Petroleum Limited (RPL), a company formed by Reliance Industries Limited, allows for Chevron the right to increase its stake to 29%. …
INDIA: Chevron to pay $300 million for 5% share in Reliance export refinery
Posted on April 17, 2006 by EnergyAsia