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Gas discoveries News

03 Mar 2016

Govt to hike gas price for ONGC, RIL by 60%

In a boost to firms like ONGC and Reliance Industries, the government plans to raise natural gas price by about 60 percent for their undeveloped gas discoveries in difficult areas.

25 Nov 2015

Free gas pricing policy won't help 15-17 Tcf gas discoveries

Government move to free natural gas pricing will not resolve the issue of economically developing already discovered 15-17 trillion cubic feet of gas reserves as the policy will only apply to future finds.

06 Sep 2015

RIL tests presence of natural gas in contentious discoveries

RIL last week completed Drill Stem Test (DST) on the Dhirubhai-29 (D-29) gas discovery that established presence of hydrocarbon, sources privy to the development said.

16 Jul 2014

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

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.

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