Reliance, BP to join hands to create world-class fuel partnership. The joint venture will run retail fuel stations and supply aviation fuel. Reliance will hold 51 percent and BP will hold the rest in the venture. RIL’s fuel network consists of above 1,400 outlets. RIL’s aviation fuel business operates over 30 airports in India. The venture will compete with the likes of IOC, BPCL, Hindustan Petroleum and more.
