Monday, September 8, 2025

India’s Reliance Industries Withdraws from Overseas Oil and Gas Exploration

From Economic Times New Delhi – Reliance Industries has exited the last of its overseas oil and gas assets after it relinquished two blocks in Myanmar. Earlier this month, it sold one of the three shale oil and gas blocks it had in the United States for US $126 million, a third of the price it paid seven years ago. “Relinquishment of