SC issues notice to Centre, CBI, RIL on gas controversy

Last Updated: Monday, September 30, 2013, 17:58

The bench, which had earlier also issued notice to the Centre on a PIL filed by CPI MP Gurudas Dasgupta, asked the parties to file their response within four weeks and tagged the case with Dasgupta's petition.

RIL's D-55 gas find may span 60 sq kms

Last Updated: Monday, September 16, 2013, 18:06

In comparison, the producing MA field in the KG-D6 block covers a reservoir area of 11 sq km.

RIL-BP win approval for $3.18 bn plan for R-Series gas field

Last Updated: Thursday, August 29, 2013, 13:52

Reliance Industries and its partner BP Plc on Thursday won approval to invest USD 3.18 billion in R-Series gas field in the flagging KG-D6 block.

Oil India to raise upto $900 mn debt to fund Mozambique buy

Last Updated: Monday, July 1, 2013, 23:46

State-run Oil India Limited Monday said it will raise up to USD 900 million debt from overseas markets by October to pay for its acquisition of 4 percent interest in a gas field in Mozambique.

ONGC-OIL bid for Videocon stake in Mozambique gas field

Last Updated: Thursday, March 14, 2013, 20:40

State-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) Thursday made a joint bid to acquire up to 20 percent stake in a gaint Mozambique gas field.

ONGC in talks to buy Videocon's stake in Mozambique gas field

Last Updated: Wednesday, February 20, 2013, 15:53

OVL-OIL combine, however, find Videocon's asking price too high and are in the processing of doing a due diligence.

US, UK defense chiefs bemoan deaths in Algeria

Last Updated: Sunday, January 20, 2013, 00:09

The US and British defence chiefs said on Saturday the hostage crisis in Algeria ended with more deaths, but that details remained unclear.

BP Plc exits China's Yacheng gas field, sells stake to Kuwait

Last Updated: Wednesday, December 19, 2012, 21:59

The sale of 34.3 percent interest in Yacheng gas field, the second announcement this week, takes BP inches away from the USD 38 billion asset disposals target it had planned to bolster finances after setting aside about USD 40 billion to pay for the worst US oil spill.

Oil Min proposes roaster for KG-D6 gas supply to power plants

Last Updated: Wednesday, November 7, 2012, 16:30

With Reliance Industries' KG-D6 gas field output dipping sharply, the Oil Ministry has proposed to roster supplies to power plants to ensure better availability of the fuel.

ONGC well in K-G block leaking gas; environment damage feared

Last Updated: Monday, October 29, 2012, 18:01

The well G-1-9 in Bay of Bengal has been leaking gas since August-end and all efforts by ONGC to contain the flow have so far been futile.

RIL cuts KG-D6 gas field reserves by 70% to 3.10 Tcf: Govt

Last Updated: Thursday, August 9, 2012, 13:55

Reliance Industries has slashed natural gas reserves in its main production gas fields in the Krishna Godavari basin D6 block by 70 percent to 3.10 Trillion cubic feet (Tcf) due to "unforeseen geological surprises".

Regulatory issues big hurdle in more investment in KG-D6: RIL

Last Updated: Monday, July 23, 2012, 16:38

Reliance Industries has said regulatory issues continue to be a "big hurdle" in additional investments in its oil and gas fields as it awaits approvals for key spendings that would help reverse decline in output at eastern offshore KG-D6 fields.