Reliance, bp JV sets in motion fuel retail network expansion plan
June 02, 2021
Begins franchisee on-boarding process to expand to up to 5,500 outlets
Reliance BP Mobility Ltd (RBML), a 51:49 joint venture of Reliance Industries Ltd (RIL) and bp, has started the franchisee on-boarding process, as it looks to support the proposed network expansion of up to 5,500 outlets over five years, RIL said in its annual report for FY 2020-21.
RBML has a network of 1,419 outlets that operate under the ‘Jio-bp’ brand.
Reflecting the net carbon zero target of RIL, RBML is seeking to provide Indian consumers advanced fuels that have lower emissions, charging infrastructure for electric vehicles, and other low carbon solutions.
GOIL takes giant step into bitumen production ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.
(LR Energy) LR Energy signs its 2nd Commercial Agreement for Production and Supply of Compressed Bio-Gas with GAIL Gas Limited under SATAT scheme to promote CBG as an alternative, green transport fuel for structured management of biomass and organic waste. This project will be located at Sonepat, Haryana with a daily production of 5000 Kg of compressed Bio-Gas.
This is LR Energy’s 3rd commercial agreement with an Oil Marketing Company in India.
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As LR Energy is India’s leading developer of renewable energy with a proven track record in delivering high performance cost competitive solar photovoltaic plants and compressed biogas production to the market, the company is dedicated towards promoting environmental and social sustainability with clean energy offerings for present and future generations. In today’s world of climbing fossil fuel prices, approaching the peak oil supply limit, and discussions of global warming, LR Energy is addressing environmental problems by str
The Energy Regulation Board -ERB- has granted fuel transporters a one-week waiver on the restriction movement of fuel tanks on the road.
In a statement to the media, ERB Manager Public Relations KWALI MFUNI says the waiver, to run from 6th to 13th April is aimed at ensuring that national fuel supply returns to normal in all parts of the country.
Ms. MFUNI adds that the waiver means a temporal suspension of aspects of the Zambian Standard on transportation of petroleum products which stipulates that Road Tank vehicles carrying petroleum products are only allowed movement during the daytime from 06
rs to 18 hours for safety reasons.
10 Apr 2021 / 08:59 H.
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BAGHDAD, March 31 (Reuters) - Iraq s parliament on Wednesday approved a 2021 budget of 130 trillion Iraqi dinars ($89.65 billion) as the country wrestles with an economic and financial crisis due to low crude prices.
The budget deficit is estimated at 28.7 trillion Iraqi dinars ($19.79 billion), lawmakers said.
The 2021 budget set an oil price of $45 a barrel and expected oil exports of 3.25 million barrels per day (bpd), including 250,000 bpd from the Kurdish region, according to a budget document and lawmakers.
Iraq relies on oil to fund 97% of its state budget, and its commitment to an OPEC+ deal on reducing oil output has squeezed the finances of a government struggling to tackle the fallout from years of war and rampant corruption.