Tripura to emerge as the biggest on-land gas producer: ED

Last Updated: Sunday, July 29, 2012, 14:41

Satyanarayana said 15 wells have been drilled across the state and there are plans to drill 15 more wells during 2012-13.

ONGC to invite gas sale bids from three more fields in Gujarat

Last Updated: Tuesday, July 17, 2012, 21:44

The Ankleshwar asset has already invited bids for sale of natural gas from three of its fields like Kosamba (SCMD-5000), Kim (SCMD-5000) and Katpur (SCMD-4000) on a fall-back basis of 'as and when available', for a duration of two years.

ONGC in pact with Cairn India for North Tapti gas fields

Last Updated: Monday, July 9, 2012, 20:42

Oil and Natural Gas Corporation (ONGC) has entered into an agreement to use Cairn India's western offshore facilities to produce natural gas from its North Tapti fields.

Panel invites comments on oil & gas exploration contract terms

Last Updated: Tuesday, July 3, 2012, 22:52

Amidst raging controversy over fall in output at Reliance Industries' KG-D6 gas fields, a high-level panel headed by C Rangarajan has invited comments on terms of contracts for exploration of oil and gas to be signed in future.

Mukesh Ambani meets Montek for nearly an hour

Last Updated: Monday, July 2, 2012, 15:21

Reliance Industries is facing penalty for falling gas output from its KG-D6 fields. It has also demanded tripling of its KG-D6 gas price from April 1, 2014 after the current below-market rate of USD 4.205 per mmBtu expires.

Moody's retains positive outlook for RIL

Last Updated: Monday, June 25, 2012, 18:46

The rating agency was hopeful that RIL would sort out technical problems being faced at its flagship eastern offshore KG-D6 fields where output has almost halved in past two years.

RIL to abandon Mahanadi basin block over low gas price

Last Updated: Tuesday, May 22, 2012, 22:47

Reliance Industries has decided to give back a Mahanadi basin deepsea block D4 due to natural gas discoveries not being viable to produce at current subdued domestic prices.

Lanco says power plant to shut down if gas supplies dwindle

Last Updated: Monday, May 21, 2012, 18:14

Sounding a warning bell, private power producer Lanco has told the government that any further reduction in natural gas supplies from Reliance Industries' KG-D6 gas fields would lead to shutting down of power plants.

RIL gas output to hit all-time low of 20 mmscmd in FY15: Reddy

Last Updated: Tuesday, May 8, 2012, 15:27

Reliance Industries' eastern offshore KG-D6 gas fields are likely to see output drop to all-time low of 20 million standard cubic meters per day in 2014-15, Oil Minister S Jaipal Reddy said on Tuesday.

ONGC emerges top investor among PSUs for FY11

Last Updated: Thursday, March 22, 2012, 19:25

ONGC has emerged as the top investor among PSUs for 2010-11 fiscal with pumping a sum of Rs 1.95 lakh crore to create assets during the period.

RIL's KG-D6 gas output hits all time low as it shuts 6 wells

Last Updated: Monday, March 19, 2012, 11:10

Reliance Industries' largest gas fields in its flagging KG-D6 block have hit an all-time low production of about 28 million standard cubic meters per day as the firm shut six wells due to water and sand ingress.