(EnergyAsia, August 25 2010, Wednesday) — Reliance Industries Ltd and Essar Oil, India’s two main privately owned oil companies, are positioning to acquire BP Plc’s assets in Africa as the UK major seeks to fund its expenses related to the catastrophic oil spill in the Gulf of Mexico. BP is looking to sell US$30 billion…
INDIA: Reliance, Essar plans to buy BP’s African assets
Posted on August 24, 2010 by EnergyAsia