Monday, March 10, 2025

Tag: RBML-Geo-BP

Reliance sells 49% for 1 billion, no longer Reliance to be known as RB...

BP and Reliance Industries Ltd. have announced the launch of Reliance BP Mobility Limited (RBML). Following an initial agreement in 2019, BP and RIL have paid R 1 billion to acquire a 49 per cent stake in the joint venture, of which RIL has a 51 per cent stake. The Geo-BP brand BP's extensive global experience in different types of fuels, lubric...