Jio-BP introduces E20 blended petrol, to be available at select outlets

E20 blending in petrol is being introduced in India by the central government to reduce the country’s oil import cost, energy security, better air quality, self-reliance, use of damaged food grains, increase farmers' incomes, employment generation, and greater investment opportunities, the statement added.

India's market for fuels and mobility is rapidly growing and is expected to be the fastest-growing fuel market in the world over the next 20 years. Jio-bp claims that its Mobility Stations are designed to meet this growing demand and are located to suit customer convenience.

“They bring together a range of services for consumers on the move – including additivised fuels, EV charging, refreshments & food, and plan to offer more low carbon solutions over time,” it added.

Meanwhile, RIL and BP are nearing the start of production from their giant MJ deep-water project in the KG-D6 block, which will significantly boost gas output from the prized east coast asset, said Sashi Mukundan, Regional President and Head of Country, India, BP Group, at India Energy Week in Bengaluru, Karnataka. The MJ field will come on stream this quarter, Mukundan added.

Reliance and BP are spending about $5 billion on further developing KG-D6 through three different projects, aimed at rejuvenating gas production from the offshore asset. While the first two developments — R-cluster and Satellite Cluster -- have started gas production, MJ is now nearing completion.

The two fields are currently producing around 20 million standard cubic meters per day of gas and MJ would help raise the output to 30 mmscmd, meeting up to 15 per cent of India's gas demand.

The two partners plan to use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the KG-D6 block.