Reliance in partnership deal with BP Plc.

Reliance Industries has signed a significant deal with BP PLC.in London, This for certain will reduce Reliance Industries’ exploration risk burden and balance its outflow of funds to shale gas venture in the US.

Woodside Petroleum Ltd., Australia’s second-largest oil and gas producer, said profit last year rose 7 percent because of higher prices and record output and sales at its North West Shelf project.

Jude    Maritime News     Andhra offshore gas field, Australian liquefied natural gas, BP PLC, Don Voelte, oil and gas, Pluto LNG, Reliance Industries, shale gas, Woodside Petroleum Ltd.

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