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Reliance and BP renew strategic partnership in India despite exclusivity agreement ending.
Reliance Industries and BP will maintain their strategic partnership in India, despite BP's exclusivity agreement ending.
Since BP's $7.2 billion investment in 2011 for a 30% stake in Reliance’s oil and gas blocks, the partnership has expanded into various sectors, including electric vehicles and retail.
BP has invested over $12 billion in India's energy sector, with plans for further investments in gas projects and mobility ventures, emphasizing collaboration in India's evolving energy landscape.
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Reliance y BP renuevan la asociación estratégica en la India a pesar de la finalización del acuerdo de exclusividad.