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Reliance must pay penalty to govt: Shah panel

The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government. The A P Shah committee on Wednesday asked the government to claim......

Setback for RIL's gas pricing freedom dream

  India currently produces around 90 mmscmd of gas, hardly meeting 40 per cent of the needs. In a setback to Reliance Industries, the government on Friday said the decision to allow market......

Keeping KG-D6 alive took Rs 4.5k cr for RIL and its partners

The less-than-anticipated gas production from Reliance Industries' flagship KG-D6 fields may have impacted fortunes of a number of its customers, but the company and its two partners have made......

ONGC, RIL stare at long-drawn legal battle over gas row

The stage for negotiations to settle the Krishna-Godavari basin dispute is long over, says a government official Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) might have......

Oil Min rejects RIL arbitration notice, terms it 'untenable'

The Oil Ministry has rejected Reliance Industries' (RIL) latest arbitration notice challenging the government decision to take away 814 sq km of its KG-D6 gas block, saying it was misconceived and......
  Web results for Ril Bp
Energy News Monitor | Volume XIII; Issue 18

India This newsletter commented in June 2016 that India was taking off, but only on a motor bike rather than a car as presumed by many in the... ...
Oil price spike to hit airlines, OMCs

The 18 per cent jump in crude oil prices since January is making some corporate leaders jittery, especially from the aviation, cement and tyre... ...
Rosneft, others to buy 98% of Essar Oil in $13bn deal

New Delhi: In one of the biggest acquisitions by overseas investors in India, the world's largest publicly traded oil company Rosneft, along with... ...
BP gets govt nod to sell petrol, diesel and ATF

BP entered the Indian exploration and production sector in 2011 by acquiring a 30% stake in 21 blocks of RIL for $7.2 bn ...
Low rig rates may have led RIL to scrap drillship deal

A fall in rig rates and low utilisation were likely to have led to Reliance Industries decision on Monday to terminate its contract with Transocean... ...

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