Growth is Life
Headquartered in Numbai, Reliance Industries Limited (RIL) is the largest private sector company in India, listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE).
As a Group, RIL is a rather diversified company but with a solid core business around the oil and gas industry covering
– Exploration and Production
– Petroleum refining and marketing
– Petrochemicals (polyester, fibre intermediates, plastics and chemicals)
– Textiles
– Retail, infotel and special economic zones.
Created in the 1970s with textiles activities, Reliance grew up through a unique backward vertical integration from the polyester fibers, fibers intermediates, plastics, then to Petrochemicals, then petroleum refining and oil and gas exploration and production to become a fully integrated upstream–downstream company along the materials and energy value chain.
Reliance (RIL) Key Figures
– 2011/2012 Revenues: $66,7 billion
– 2010/2011 Revenues: $58,6 billion
– 2009/2010 Revenues: $44,6 billion
– 2011/2012 Earnings: $3,9 billion
– 2010/2011 Earnings: $4,5 billion
– 2009/2010 Earnings: $3,6 billion
Reliance (RIL) Projects and Business Highlights
With the construction of the Jamnagar refinery, one of the largest refinery in the world, commissioned in 1999, Reliance took a leap in the management of giant projects and demonstrated its capacity to run complex processes.
Since the, Reliance did not hesitated to continue in the same way, first with the $4 billion expansion project of the Jamnagar refinery with additional chemical specialties.
Then in creating the 50/50 joint venture India Gas Solutions with BP to revamp, upgrade, operate the transportation and distribution of natural gas across India.
After years of stop and go, Reliance and BP will also jointly take the challenge to enhance the gas production of the depleting KG-D6 offshore gas field providing with almost 35% of the total gas consumption in India.
Now Reliance is going global and signed partnerships in USA with Chevron, Pioneer Natural Resources and Carrizo Oil & Gas Inc for unconventional resources development with working interest in Marcellus and Eagle Ford shale gas plays.
