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RIL lashes out at lack of stability in govt policy

Amid move to force Reliance Industries to sell gas from its main fields in KG-D6 block at old rates of $4.2, the Mukesh Ambani-run firm on Tuesday hit out saying the government was not honouring......

Poor response to NELP: Anil blames oil ministry

Anil Ambani group on Monday said the oil ministry's interference in marketing and pricing dampened investor interest in India's auction of oil and gas blocks and its chairman had warned the Prime......

Ambani dispute hurt gas auction: DGH

Upstream oil and gas regulator DGH on Monday attributed the poor interest in auction of exploration blocks to the Ambani brothers' gas dispute."The (gas) utilisation policy and the pricing are very......

NELP oil, gas blocks auction draws poor response

Drawing a poor response, India's largest oil and gas licensing round saw a total of 76 bids being received for 36 out of 70 blocks on offer.While Reliance Industries abstained from bidding for the......

Locals against Tisco's South Africa venture

The long-pending project of Tata Iron and Steel Company to set up a ferro-chrome smelter plant at Richards Bay in South Africa may be delayed as local residents voice their objections to the plan......

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