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In 1976, the company was nationalized under the Act on the Nationalisation of Foreign Oil companies ESSO (1974), Burma Shell (1976) and Caltex (1977). [8] On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited.
Analysts cut the price target on BP p.l.c. (NYSE:BP) following the company’s third quarter results reported on Tuesday. BP’s revenue fell short at $47.25 billion, below the $52.56 billion ...
LONDON -- Many investors' portfolios will contain shares in some of the larger FTSE 100 companies, with BP, GlaxoSmithKline, and Royal Dutch Shell being three of the most common holdings. An ...
What future fortunes hold. Shell isn’t alone in leaning more toward oil and gas. BP, a British-headquartered energy giant ranked fifth on the Fortune Europe 500 list, also dialed down its ...
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. [3] [4] On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement.
Reliance BP Mobility Limited (d/b/a Jio-bp), is an Indian oil and gas company, owned by Mukesh Ambani of Reliance Industries Limited (RIL). It is based in Navi Mumbai , Maharashtra , India . It is vertically integrated and is involved in hydrocarbon exploration, production, refining and also has interests in the downstream business and operates ...
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In 1963, the company left Burma and undertook new exploration in India, Pakistan, Bangladesh, Australasia, the Americas, Canada and the North Sea until 1986. [8] In 1966, Burmah acquired Castrol renaming it Burmah-Castrol. [9] The Bank of England came to the rescue of Burmah Oil after the company made large losses on its tanker fleets in 1974.