The Report looks in-depth at how India’s role on the global oil market may evolve over the period through to 2030. It examines investment plans for the refining and petrochemical industry and how these developments may impact Indian crude and product net trade. The Report looks at energy transition trends …
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 and Climate change to expand the capacity of its export-oriented refinery in the special economic zone (SEZ) at Jamnagar …
The government also empowered the DGH by allowing it to approve the cases of excess cost recovery up to 20% In a move that may ease the oil exploration regime in India, the government has allowed producers in the country to go beyond their assigned areas in case the same …
India has the potential to unlock gas reserves of at least 10-15 trillion cubic feet (tcf) by 2022 on the basis of discoveries made so far, Sashi Mukundan, country head for BP India said in a conference on Tuesday. This production requires up to Rs 3 trillion (about $45 billion) …
Company to invest Rs 800 crore to drill these wells in search of hydrocarbons Reliance Industries Ltd (RIL) has got approval from the Ministry of Environment & Forests (MoEF) to drill eight additional exploratory wells in Tamil Nadu. The company plans to invest around Rs 800 crore to drill these …
NEW DELHI: The Centre's green panel has given environment clearance to Reliance Gas Pipeline Ltd (RGPL) for its Rs 1,428 crore project to build a 486-km long pipeline through Gujarat and Maharashtra for transportation of liquid ethane. The Expert Appraisal Committee (EAC) of the Union environment ministry in its recent …
AHMEDABAD: Reliance Industries Ltd (RIL) has filed a petition in Gujarat high court questioning provisions of the 2013 land acquisition laws by which the acquisition is rendered void if the state government fails to pay compensation and take possession of the acquired land within five years. RIL's questioning the provisions …
Reliance Industries got Rs 8,500 cr of gas from ONGC’s KG block, says D&M.; In 2000, two deep-water blocks in the Krishna-Godavari (KG) Basin were awarded by the government, one to Reliance Industries and the other to ONGC. Private explorer Reliance Industries (RIL) extracted at least 9 billion cubic metres …
Reliance Industries is set to spend $60 million, drill for 65 days in D1, D3 fields. Reliance Industries (RIL) and its foreign partners BP and Niko Resources have commenced fresh drilling at the D1 and D3 fields, the mainstay of the KG-D6 block, hoping to increase the block’s output. Production …
The Cabinet has approved the supply of cheap liquefied natural gas (LNG) for power plants to rescue investments worth Rs 60,000 crore that was on the verge of sinking because of fuel scarcity, for which the government has squarely blamed the fall in output from the KG-D6 field of Reliance …
Judgement of the Supreme Court of India in the matter of Reliance Industries Limited & Others Vs Union of India & Others dated 28/06/2014 regarding Production Sharing Contracts for the exploration and production of petroleum from the Mid and South Tapti Fields and for the exploration and production of petroleum …
Judgement of the Supreme Court of India in the matter of Reliance Industries Ltd. & Others Vs Union of India & Others dated 31/03/2014 regarding the policy-New Exploration and Licensing Policy. Under NELP, certain blocks of hydrocarbon reserves were offered for exploration, development and production to private contractors under the …
The Delhi High court on Wednesday issued a stay on an order issued in November by the Petroleum and Natural Gas Regulation Board for “virtual transport” of Liquified Natural Gas from the west coast to east coast in a swapping transaction between Reliance Gas Transportation Infrastructure Ltd (RGTIL) and GMR …
Company to furnish $135 m bank guarantee every quarter The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved giving Reliance Industries Ltd. (RIL) a higher price for natural gas from April next, subject to the company furnishing $135 million bank guarantee every quarter. According to the proposal approved by …
The National Green Tribunal (NGT) today restrained industries, including Essar, Hindalco and Reliance' Sasan Ultra Mega Power project, from cutting trees without consent from competent authorities in Singrauli and Sonebhadra districts of Madhya Pradesh and Uttar Pradesh. A bench headed by NGT Chairperson Justice Swatanter Kumar also issued bailable warrants …
The government auditor wants to know steps taken to ensure that the firm delivers gas at $4.2 mbtu The Mukesh Ambani-owned Reliance Industries Limited (RIL) is in for more trouble as the Comptroller and Auditor-General has questioned the Petroleum and Natural Gas Ministry over the recent gas price increase and …
Another PIL has been filed in the Supreme Court seeking cancellation of the contract awarded to Reliance Industries Ltd (RIL) and Canada-based NIKO Resources for exploration and production of natural gas at the Krishna-Godavari Delta block (KG-D6). The PIL by NGO Common Cause, former Cabinet Secretary TSR Subramanian, former naval …
The Supreme Court on Monday issued notices to the government, Reliance Industries (RIL) and Oil Minister Veerappa Moily on a petition that challenges the Cabinet decision to raise natural gas prices and seeks a bigger financial penalty on RIL for alleged suppression of gas output in anticipation of higher prices. …
This, after PIL seeks rethink on govt's decision on gas pricing based on Rangarajan formula The Supreme Court today sought a response from the Centre and Reliance Industries on a public-interest litigation (PIL) filed by CPI leader Gurudas Dasgupta and former power secretary EAS Sarma. The matter is scheduled for …
Essar, Reliance aim to produce 6.5 mmscmd coal bed methane gas in next two years India’s gas supply is expected to get a boost from coal bed methane (CBM) after the government removed uncertainty over its pricing. Essar Oil and Reliance Industries will add about 6.5 million standard cubic meters …
The Cabinet is likely to take a call on the revision in natural gas prices on Thursday The incremental revenue for every $1 rise in natural gas prices would be Rs 706.7 crore, while the government would suffer a subsidy loss of Rs 3,155 crore on fertiliser, according to a …
