Reliance calls $30B claim reports ‘inappropriate, irresponsible’
The Statesman Delhi
|December 31, 2025
ARECENTREPORTCLAIMED THATTHE GOVERNMENT OF INDIAHAD SOUGHTMORETHAN $30 BILLION INCOMPENSATION FROM RELIANCEAND BPINAN ARBITRATION CASE.
The Mukesh Ambani-owned Reliance Industries Ltd (RIL) has dismissed recent reports in a section of the media that theGovernment of Indiamade a $30 billion claim against the company and British Petroleum (BP), as “factually incorrect”, in a regulatory filing to the stock exchange.
Recent reports which appeared in a section of the media, had claimed that the Government of Indiahad sought more than $30 billion in compensation from Reliance and BP in an arbitration case, claiming that thecompanies failed to produce gas from offshore fields.
This story is from the December 31, 2025 edition of The Statesman Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Statesman Delhi
The Statesman Delhi
Debt crisis, anti-incumbency loom for Vijayan as Kerala gears up for Assembly polls in 2026
As Kerala heads into a crucial Assembly election in April-May 2026, the next government will inherit not just political expectations but a deeply strained economy and a series of unresolved
1 min
January 04, 2026
The Statesman Delhi
Why Republicans are fleeing Congress
The midterm elections for Congress won't take place until November, but already a record number of members have declared their intention not to run - a total of 43 in the House, plus 10 senators.
4 mins
January 04, 2026
The Statesman Delhi
Chhetri, Gurpreet, Jhingan lead players’ plea to FIFA over ISL crisis
With uncertainty continuing to cloud the future of the Indian Super League (ISL), a group of prominent footballers and overseas players have made a public appeal to FIFA, urging the world governing body to intervene and help resolve the ongoing crisis surrounding the country’s premier franchise-based competition.
2 mins
January 04, 2026
The Statesman Delhi
A CHANGE ENCOUNTER
NOW AND AGAIN
2 mins
January 04, 2026
The Statesman Delhi
A New Year Lesson from the Hills of Aizawl
As the New Year approaches, we stand once again at that familiar dawn—ready to leave behind what weighed us down and eager to begin afresh.
3 mins
January 04, 2026
The Statesman Delhi
Prof. Jai Prakash Saini appointed new Lucknow University Vice-Chancellor
Professor Jai Prakash Saini has been appointed as the Vice-Chancellor of Lucknow University.
1 min
January 04, 2026
The Statesman Delhi
10 years on, Bezbaruah panel report still unimplemented
The brutal murder of Anjel Chakma (Photo), an MBA student from Tripura in an alleged racial attack in Dehradun recently has brought to the fore a 10-year-old committee report and its recommendations which is yet to be implemented in its letter and spirit.
1 mins
January 04, 2026
The Statesman Delhi
US forces carry out strikes in Venezuela, Trump claims President Maduro, wife captured, flown out of country
The world woke up on Saturday to the news of yet another war, one which was much anticipated for some time now.
2 mins
January 04, 2026
The Statesman Delhi
Development Paradigms ~ I
India is aiming to become a developed nation, or Viksit Bharat, by 2047, a hundred years after independence.
5 mins
January 04, 2026
The Statesman Delhi
Urban Greening: How Ornamental Trees Can Transform Urban India...(Part-2)
Compact beauties suited for small spaces and rooftops are becoming essential as Indian cities grow denser and vertical.
7 mins
January 04, 2026
Listen
Translate
Change font size
