 Home > Chemicals Industry > International Chemical > India's Reliance Industries withdraws from U.S. shale gas business

India's Reliance Industries withdraws from U.S. shale gas business

 Last Update: 2021-12-04
 Source: Internet
 Author: User

Tags

what shale rock

united states electricity

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Sinochem News reported on November 9th, according to Ansense Energy, according to "Business Standards" reports, Reliance Industries (RIL) has withdrawn from all upstream shale oil and gas businesses in the United States

A company statement stated that Reliance Eagleford Upstream Holdings, a wholly-owned subsidiary of Reliance Industries, announced that it has signed an agreement with Ensign Operating III, a Delaware limited liability company, to divest its Eagleford Shale area.

Reliance Group stated: "Through this transaction, Reliance Group divested all shale gas assets and withdrew from the North American shale gas business

Reliance stated that REUHLP and Ensign signed a sale and purchase agreement for the sale on November 5, 2021

RIL officials declined to disclose the price at which the transaction occurred

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.