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No gas from RIL's KG-D6 is being supplied to Bangladesh: Govt

No gas from RIL's KG-D6 is being supplied to Bangladesh: Govt

Last Updated: Wednesday, July 23, 2014, 17:42

The government today asserted that no gas from Reliance Industries' eastern offshore KG-D6 block was being supplied to Bangladesh.

KG-D6 case: Oil Min says it challenged McHugh decision to return

KG-D6 case: Oil Min says it challenged McHugh decision to return

Last Updated: Wednesday, July 23, 2014, 17:16

Former Australian judge Michael McHugh had to quit as chairman of an arbitral tribunal in the Reliance Industries' KG-D6 cost recovery dispute as Oil Ministry challenged his decision to return after he initially withdrew from the post.

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.

Australian judge agrees to being arbitrator on RIL dispute

Last Updated: Tuesday, July 08, 2014, 17:32

The apex court had on April 29 named Michael Hudson McHugh, former judge of the High Court of Australia.

'RIL to defer investment in developing new fields'

Last Updated: Monday, June 30, 2014, 19:02

The consortium is also investing USD 1.529 billion in developing four other satellite fields that can produce 10 mmscmd.

GCA to be appointed to resolve ONGC-RIL dispute

Last Updated: Sunday, June 22, 2014, 13:03

GCA is a worldwide petroleum consultancy with over 50 years of experience in providing independent technical, commercial and strategic solutions.

Gas price hike to balance reforms, interest of poor: Pradhan

Last Updated: Tuesday, June 10, 2014, 17:00

Last week, a top oil ministry official said a decision on the issue will be taken before July 1.

Govt to announce new gas price by July 1

Last Updated: Thursday, June 05, 2014, 19:01

The government is likely to hike natural gas rates from July 1 after a new price formulation is approved by the Cabinet, a top Oil Ministry source said on Thursday .

RIL says CAG comment on gas price is part of draft report

Last Updated: Saturday, May 31, 2014, 20:57

Reliance Industries on Saturday said the CAG comment that the company charged a rate in excess of the government approved price for its KG-D6 gas is part of a draft report which has not yet been finalised.

RIL counters ONGC claims, says no connectivity between blocks

Last Updated: Friday, May 30, 2014, 22:28

In a strong rebuttal to ONGC's allegation that the state-owned firm's gas was flowing out of KG-D6 wells, Reliance Industries has told the Delhi High Court that the legal proceedings initiated against it are "mala fide and actuated by malice."