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How ONGC's project delay is bleeding India's forex reserves

At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation......

Reliance permanently shuts down its only oil field in KG-D6 block

Post-cessation, activities related to the safe shutdown of the field are underway. Reliance Industries on Friday said it has permanently shut down its only oil field in the flagging KG-D6 block......

CAG red-flags $1.6 bn excess cost recovery by RIL

CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block, leading to instance of excess cost recovery. Government......

RIL's crude oil output drops 31%

Reliance Industries has seen crude oil production falling by more than 31 per cent from its MA oil field in the predominantly gas-rich KG-D6 block off the east coast. "The reservoir is not......

RIL in talks with state refiners for D6 oil

Reliance Industries is in talks with state refiners for sale of crude oil it plans to start pumping from its eastern offshore KG-D6 block from next month. The company is in advanced talks with......

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