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RIL plans aggressive bid for Iraq refinery project

Last Updated: Thursday, June 06, 2013, 23:07

Reliance Industry plans to make an all-out bid for securing the contract for a 3,00,000 barrels per day refinery project in Iraq, sources said.

CAG to check propriety of RIL spending on KG-D6: Oil Min

Last Updated: Thursday, April 04, 2013, 20:01

As CAG gets ready to resume audit of Reliance Industries' spending on KG-D6 gas block, the Oil Ministry has set rules of engagement for the scrutiny saying the auditor will examine propriety of expenses as has been set out in the PSC.

OilMin withdraws note opposing KG-D6 gas price hike by RIL

Last Updated: Tuesday, November 20, 2012, 19:14

The Oil Ministry has withdrawn a note it had circulated to the members of a ministerial panel opposing hike in price of gas produced by Reliance Industries, as the Rangarajan Committee is examining pricing of the fuel.

EGoM to decide on KG-D6 gas price: Reddy

Last Updated: Friday, June 08, 2012, 21:23

AG felt that revision of prices is advisable or not is a matter which the EGoM would have to determine not as a matter of law, but as a matter of policy, they said.

Oil Min asks RIL to withdraw arbitration notice

Last Updated: Monday, January 30, 2012, 15:27

Sources said before the ministry could write to RIL on restricting cost-recovery.

Reliance stocks plunge; RIL, RCOM top losers

Last Updated: Thursday, December 08, 2011, 19:24

Shares of various companies from the two Ambani groups on Thursday fell sharply on the bourses in a weak market, and stocks like Reliance Industries and RCOM recorded losses higher than the market benchmark.

Oil Min sanctions 'scrupulous' action against RIL

Last Updated: Sunday, November 20, 2011, 13:24

The Oil Ministry has sanctioned taking "scrupulous" action against Reliance Industries for natural gas output from its KG-D6 fields falling below the target.