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No favour from Govt in KG basin: RIL to SC

No favour from Govt in KG basin: RIL to SC

Last Updated: Wednesday, April 16, 2014, 19:50

Senior advocate Harish Salve, appearing for RIL, denied allegations of favour and collusion and said the company was in dispute with the government on several issues.

Reliance Industries a parallel state: Former Bengal governor

Last Updated: Tuesday, April 15, 2014, 16:20

Former West Bengal governor Gopalkrishna Gandhi on Tuesday dubbed Reliance Industries as a "parallel state" that exercised power "brazenly" over natural and financial resources.

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

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

Last Updated: Tuesday, April 15, 2014, 15:43

The Oil Ministry is moving the Cabinet to allow Reliance Industries retain three gas discoveries worth USD 1.45 billion in the eastern offshore KG-D6 block even after expiry of timelines.

RIL commissions new PFY facility at Silvassa

RIL commissions new PFY facility at Silvassa

Last Updated: Tuesday, April 15, 2014, 11:48

Reliance Industries Ltd (RIL) has commissioned a new Polyester Filament Yarn (PFY) facility at Silvassa in the union territory of Dadra and Nagar Haveli.

Oil ministry seeks more flexibility for exploration companies

Last Updated: Monday, April 14, 2014, 18:38

The Oil Ministry has approached the Cabinet to give companies including Cairn India and Reliance Industries greater flexibility to continue exploring for oil and gas even after the expiry of deadlines.

ONGC may save up to $800 mn if it uses RIL's KG set-up: Report

Last Updated: Monday, April 14, 2014, 15:24

In July last year, ONGC had inked a Memorandum of Understanding with RIL to explore the possibility of sharing the latter's infrastructural facility in the East Coast.

ONGC, RIL to appoint joint expert to resolve gas dispute

Last Updated: Sunday, April 13, 2014, 12:55

ONGC says at least three wells drilled by RIL on the boundary of KG-D6 block in Bay of Bengal are within "few hundred meters" of its gas fields. It fears the fields are connected and RIL may be drawing out its gas.

RIL says new gas rates to be effective April 1

Last Updated: Wednesday, April 09, 2014, 18:01

After agreeing to temporarily sell gas to urea plants on old terms, Reliance Industries has told its sole customers the new formula, which almost doubles the price of the fuel, will apply from April 1.

Oil regulator seeks consultants to set RIL marketing margin

Last Updated: Tuesday, April 08, 2014, 17:41

Oil regulator PNGRB plans to hire consultants to advise it on fixing the margin that natural gas marketers such as Reliance Industries and GAIL India can charge from urea manufacturers and LPG plants.

RIL asks EC to reconsider order on deferring gas price hike

Last Updated: Friday, April 04, 2014, 23:05

Hit hard by Election Commission deferring gas price revision, Reliance Industries has written to the poll watchdog asking it to reconsider the directive as the decision to raise rates was taken months before polls were declared and even the Supreme Court has not stayed the move.

Arvind Kejriwal attacks both BJP and Congress in his roadshow

Last Updated: Thursday, April 03, 2014, 20:52

In yet another salvo at BJP and Congress, Arvind Kejriwal on Thursday held both the parties responsible for AAP quitting the government in Delhi, alleging that he was not allowed to continue for opposing the move to hike gas price that would have benefitted Reliance Industries.

SC withdraws Spigelman as arbitrator in RIL-Centre dispute

Last Updated: Wednesday, April 02, 2014, 14:59

SC withdrew the name of James Spigelman, who was appointed by it as third arbitrator to resolve the dispute between Centre and RIL on KG basin.