RIL challenges oil ministry taking away 5 gas finds

Last Updated: Wednesday, February 11, 2015, 13:29

Reliance Industries has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries.

Ministry forms panel to codify discovery-recognition norms

Last Updated: Thursday, January 2, 2014, 15:39

Amid disputes over recognition of oil and gas finds, the Oil Ministry has formed a panel headed by the Director General of Hydrocarbons (DGH) to codify globally recognised industry practices for adoption in India.

'Focus on exploratory activity in difficult, less explored areas'

Last Updated: Saturday, November 23, 2013, 17:58

Moily said the Planning Commission has estimated that energy supply has to grow at 6.5 percent per year in the 12th plan period to achieve a GDP growth of nine percent.

Moily moves Cabinet for operational flexibility

Last Updated: Thursday, November 7, 2013, 20:46

In a significant development, Oil Minister M Veerappa Moily is approaching Cabinet for grant of operational flexibility to help explorers like Reliance Industries and Cairn India start producing oil and gas from 62 discoveries that are mired in contractual disputes.

RIL says DGH shifting goalposts to strip off its discoveries

Last Updated: Sunday, October 6, 2013, 13:08

Reliance Industries Ltd (RIL) has accused oil regulator DGH of shifting goalposts to strip off 8 gas discoveries holding 1.15 trillion cubic feet of reserves worth USD 14 billion from its eastern offshore KG-D6 block.

RIL slams DGH move to snatch gas discoveries as 'arbitrary'

Last Updated: Sunday, September 15, 2013, 12:16

Reliance Industries has slammed the DGH's move to snatch 86 percent of its KG-D6 block area, including eight gas discoveries worth USD 10 billion, as "arbitrary" and said the oil regulator was responsible for the delay in developing the finds.

B N Talukdar to be new DGH

Last Updated: Tuesday, August 13, 2013, 14:00

B N Talukdar, Director for Exploration in Oil India Ltd, will be the new Director General of Hydrocarbons (DGH).

Difficult to implement FinMin suggestion on RIL: DGH

Last Updated: Sunday, August 11, 2013, 12:32

Oil regulator DGH has cited practical difficulties in implementing finance ministry's suggestion that Reliance Industries should not be allowed to raise natural gas prices until it makes up for producing less than the projected output since 2010.

DGH refuses to approve RIL's $3.5 bn plan for NEC-25

Last Updated: Sunday, July 14, 2013, 13:30

RIL had in March-end submitted a USD 3.5 billion Integrated Field Development Plan for producing 10 million standard cubic meters per day of gas from the discoveries D-32, D-40, D-9 and D-10 in the Block NEC-OSN-97/2 (NEC-25) by mid-2019.

RIL KG-D6 output drops to below 15 mmscmd

Last Updated: Friday, May 31, 2013, 15:33

RIL has shut half of the 18 wells on D1&D3 field due to high water and sand ingress and a third of 6 wells on MA field due to the same reason.

DGH approves commerciality of Oil India's find in Rajasthan

Last Updated: Tuesday, March 5, 2013, 19:19

Upstream regulator Directorate General of Hydrocarbons (DGH) has approved commerciality of a significant oil find of state-owned Oil India Ltd in Rajasthan.

RIL, Cairn get nod to explore further in producing fields

Last Updated: Friday, January 4, 2013, 14:56

In his first major decision, Oil Minister M Veerappa Moily has allowed Reliance Industries and Cairn India to explore for oil and gas within the producing fields subject to certain conditions.