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RIL shares up over 3% on notice to govt

Last Updated: Monday, May 12, 2014, 11:07

After surging 5 percent to Rs 1,048 - its 52-week high in intra-day trade, shares of the blue-chip firm ended the day at Rs 1,028.95, up 3.17 percent on the BSE.

RIL slaps arbitration notice over delayed gas price revision

Last Updated: Saturday, May 10, 2014, 18:49

RIL and its partners were to get a new rate from April 1 for gas from their Krishna Godavari basin KG-D6 fields.

RIL's Rs 509 crore bank guarantee returned by Oil Ministry

Last Updated: Sunday, May 04, 2014, 14:30

The surety, given on April 10, covers the incremental revenue RIL would have got in the April-June quarter if the price of gas were to double to USD 8.4 per million British thermal units.

RIL, fertiliser companies fail to agree on gas supply terms

Last Updated: Monday, March 31, 2014, 23:21

After an almost five-hour marathon meeting between RIL and urea companies, the two sides failed to settle on the rate at which gas supplies should be securitised.

RIL changes contracts, price to rise 10% over new rate of $8.3

Last Updated: Sunday, March 23, 2014, 14:47

Currently, most of the domestically produced gas is priced on NCV basis.

RIL's KG-D6 natural gas output drops again

Last Updated: Thursday, March 20, 2014, 16:53

After two months of increase, natural gas production from Reliance Industries' eastern offshore KG-D6 block has again started to drop.

RIL extends gains, climbs almost 2%

Last Updated: Monday, March 10, 2014, 18:59

Reliance Industries shares extended gains and climbed almost 2 percent Monday on expectations of higher production at its gas fields in the KG-D6 block.

RIL stock surges 4% on bourses

Last Updated: Monday, March 10, 2014, 16:08

Shares of Reliance Industries today surged nearly 4 percent on the bourses on expectation of higher production at gas fields of KG-D6 block.

RIL discoveries approved without appraisal: CAG

Last Updated: Sunday, March 09, 2014, 13:35

In a damning indictment, the CAG has said Oil Ministry and its technical arm DGH approved notification of now flagging gas discoveries in Reliance Industries' KG-D6 block despite the company not doing enough appraisal.

Oil Ministry wants CAG to quantify loss in RIL KG-D6 contracts

Last Updated: Sunday, March 02, 2014, 13:06

The Oil Ministry has asked CAG to quantify the loss to the government caused by Reliance Industries' awarding contracts worth USD 2.4 billion for developing oil and gas finds in the KG-D6 block on the basis of a single bid.

RIL-BP to quadruple KG-D6 output to 50 mmscmd by 2020

Last Updated: Sunday, January 19, 2014, 17:10

Having reversed the falling output at KG-D6, Reliance Industries and its partner BP plc will quadruple production at the eastern offshore fields to around 50 million standard cubic meters per day by 2020.

RIL repairing three shut wells at KG-D6 to raise gas output

Last Updated: Monday, January 13, 2014, 14:27

"We can't drill any more wells on (main) Dhirubhai 1 and 3 (D1&D3) fields," RIL Executive Director P M S Prasad told reporters here.