Jio-BP to open first petrol pump near Mumbai
The Hindu
In 2019, BP had bought a 49% stake in over 1,400 petrol pumps and 31 aviation turbine fuel (ATF) stations owned by Reliance for $1 billion
Global energy supermajor BP plc on Thursday said it is about to open its first 'Jio-bp' branded petrol pump in partnership with Reliance Industries near Mumbai.
In 2019, BP had bought a 49% stake in over 1,400 petrol pumps and 31 aviation turbine fuel (ATF) stations owned by Reliance for $1 billion.
The existing petrol pumps of Reliance have since been transferred to the joint venture, Reliance BP Mobility Ltd. The joint venture is to operate under the 'Jio-bp' brand.
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