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RIL marked all correspondence with Oil Min, DGH

Last Updated: Thursday, August 07, 2014, 18:49

Reliance Industries had marked all copies of its correspondence with the Supreme Court-appointed Tribunal on KG-D6 cost recovery issue to the Oil Ministry and its technical arm DGH.

DGH rejects ONGC's three KG gas discoveries

Last Updated: Sunday, August 03, 2014, 13:07

Sources said the ministry feels that taking away the discoveries and rebidding the finds may lead to delay in development. Also, the move may attract legal challenge.

Oil Ministry wants RIL to sell gas at $4.2; $6-6.5 price for others

Last Updated: Sunday, August 03, 2014, 11:31

The new rates were to apply for gas from currently producing MA field in the same KG-D6 block as the government had accepted geological reasons forwarded by RIL for its output lagging targets.

Oil Ministry to move Cabinet to allow RIL to retain gas finds

Last Updated: Wednesday, July 16, 2014, 11:03

RIL has not been able to submit a development plan for D-29, 30 and 31 gas discoveries, which hold an estimated 345 billion cubic feet of reserves.

Govt slaps $579 mn additional penalty on RIL

Last Updated: Monday, July 14, 2014, 16:09

With this, the total penalty on RIL for missing the target in four fiscal years beginning April 1, 2010 now stands at a cumulative USD 2.376 billion.

Government slaps $579 mn additional penalty on RIL

Last Updated: Monday, July 14, 2014, 15:53

The total penalty now stands at USD 2.37 billion. The penalty in the form of disallowing costs incurred on the field is for missing the target in 2013-14.

RIL took our natural gas : ONGC claims in HC

Last Updated: Thursday, May 29, 2014, 21:10

ONGC told the Delhi High Court that it has suffered loss of gas worth Rs 30,000 crore as a result of RIL exploiting gas from its natural gas block.

RIL charged more than approved gas price: CAG

Last Updated: Thursday, May 29, 2014, 17:33

RIL, CAG in the draft report said, had collected an amount of USD 261.33 million towards the marketing margin which has not been accounted for in the books.

Govt to issue notice to RIL on fall in gas output from KG-D6

Last Updated: Sunday, February 19, 2012, 16:05

Oil Minister S Jaipal Reddy Sunday said the government will issue notice to Reliance Industries Ltd (RIL) on the fall in gas output from its D-6 fields in KG-Basin.

HC rejects Essar plea for gas from RIL's KG-D6 basin

Last Updated: Thursday, September 29, 2011, 20:23

The Delhi High Court on Thursday rejected Essar Steel's plea against the Ministry of Petroleum and Natural Gas (MoPNG) decision asking Reliance Industries Ltd to cut gas supply to it from KG-D6 basin and give priority to fertiliser and power sectors.

Reliance defends levy of marketing margin on KG-D6 gas

Last Updated: Monday, September 19, 2011, 15:19

Reliance Industries has strongly defended its decision to impose a marketing margin over-and-above the government-approved sale price for KG D6 gas, saying the levy was to cover for the risk and cost associated with marketing of gas.

Have govt's nod for stake sale in 21 of 23 blocks to BP: RIL

Last Updated: Tuesday, August 09, 2011, 10:52

Reliance Industries Tuesday said it has received government approval for selling a 30 percent stake in 21 out of a proposed 23 oil and gas blocks to UK's BP Plc for USD 7.2 billion.