Bloomberg Billionaire Mukesh Ambani’s Reliance Industries Ltd. and its partner BP Plc are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal. Reliance and its British partner are preparing a new development plan for the gas-rich NEC-OSN-97/2 block, also called NEC-25, in the Mahanadi basin offshore eastern India, according to ...

Bloomberg The global glut plaguing liquefied natural gas markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar. New projects are needed to fill the shortfall, with demand for the super-chilled fuel forecast to double in the 20 years to 2035, Cedigaz, a Paris-based industry research group, said ...

Bloomberg Sometimes, you need a little help from your friends. As Gulf Coast refiners restart their plants in the wake of Hurricane Harvey, they must step through a complex process that can take days to weeks to complete, even if they were largely unscathed by the storm’s flooding rains. But first, they need the support of others — third-party suppliers, ...