India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas. It says the companies failed to produce from offshore fields, as per three people with knowledge of the matter.

A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields, D1 and D3, in the D6 block of the Krishna Godavari basin, seven individuals with knowledge of the proceedings said. Final arguments took place on November 7, they said.

You May Also Like

Fortis to acquire Bengaluru-based People Tree Hosp...

Fortis Healthcare on Saturday said it has inked a pact to acquire Bengaluru-based People Tree H...

Infosys Limited Share Buyback 2025

1. What’s the announcement?Infosys has announced its largest-ever share buyback: the board appr...

Adani Ports shares beat Sensex returns in 2025, ca...

✅ Strong fundamentals: APSEZ reported a consolidated net profit of ~₹3,120 crore for Q2 FY26 (...