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.
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.
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.
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.
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.
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.
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.
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.
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.
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 .
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.
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."
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