The 5.8-mt addition will raise the capacity to 41 million tonnes Mukesh Ambani-led Reliance Industries Ltd has secured backing of the key expert appraisal committee in the Ministry of Environment, Forest
Rangarajan to head committee, to press for revision in terms of production sharing contracts for future deals. A committee headed by C Rangarajan will review terms of the contract that oil & gas companies
On the face of it, the Union petroleum ministry has finally taken some action in its slow-fuse battle with Reliance Industries over the D6 block in the Krishna-Godavari basin. A long legal arbitration
An inter-ministerial panel has been set up to find a solution to the dispute between the Ministries of Coal and Petroleum on simultaneous extraction of gas and coal. The panel, headed by Member Planning
NEW DELHI: A Parliamentary panel has asked oil ministry and DGH to closely monitor Reliance Industries' flagging KG-D6 gas fields saying any production decline should be supported by proper evaluation.
NEW DELHI: The oil ministry plans to take coal bed methane (CBM) pricing matters to a ministerial panel as it sees a wide gap between prices offered by customers to Reliance Industries and Essar, a move
Seeks appointment of arbitrator on behalf of oilmin to settle dispute OUR BUREAU NEW DELHI Reliance Industries has sought the Supreme Court’s intervention to help start arbitration with the oil ministry
Having failed to get a response from the ministry of petroleum and natural gas for nearly five months, Reliance Industries Ltd (RIL) on Wednesday filed a plea in the Supreme Court to seek the appointment of an arbitrator in its dispute over the D6 block in the Krishna-Godavari basin. According to a spokesperson, the company has sought an order appointing an arbitrator under section 11(6) of the Arbitration and Conciliation Act and article 33.5 of the production-sharing contract. “We had served a notice on the government in November 2011. We have approached the Supreme Court since we did not get any response,” he said.
Reliance Industries Ltd (RIL) and partner BP Plc have won approval from the government to prepare a plan to develop a natural gas discovery in the Bay of Bengal, two people with direct knowledge of the
The regulatory panel overseeing the performance of Reliance Industries’ prestigious D6 block in the Krishna Godavari basin on Tuesday approved the company’s plan to develop four satellite fields at an
Has deferred decision on the critical issue of allowing the company to fully recover previous costs The oil ministry plans to impose cost limits on the development of new KG Basin gas fields by Reliance
