Reliance Industries sells 49.9% stake in US JV for $1.07 bn
RIL and its partner Pioneer Natural Resources Co sold off Eagle Ford (EFS) Midstream venture, that owns a 460 miles pipeline network, to Enterprise Products Partners for USD 2.15 billion.
Jun 01, 2015, 20:36 PM ISTRIL to sell 49.9% stake in US joint venture
RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.
Nov 05, 2014, 12:55 PM IST