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  • Business

RIL, BP to invest about Rs 6000 cr to improve gas recovery

Reliance Industries and its partner BP plc of UK will invest about Rs 6,000 crore (Rs 60 billion) by 2016 to help sustain and improve recovery from the two main gas fields in the eastern offshore......

RIL to give up KG basin gas discovery block

Reliance Industries will relinquish its Krishna Godavari basin gas discovery block, KG-D3, mainly because of operational restrictions placed by the Defence Ministry. RIL, which had made four......

RIL may not gain from the gas price hike: Analysts

The Centre's move to increase natural gas prices to $5.61 per million British thermal units (mBtu) from November 1 would be a negative for Reliance Industries Ltd (RIL), analysts said, as RIL would......

Investment decision only after clarity on gas price: RIL

Reliance Industries has said it will make a final investment decision on producing gas from the R-Cluster discovery in the flagging KG-D6 block only after the government decides on gas price hike.......

RIL gas field investments depend on acceptable pricing: Niko

Reliance Industries'  $10 billion investment in new fields off the east coast depends on the government approving acceptable gas price, its junior partner Niko Resources said. RIL has an array......

  People speak for bp ril

  • QNA
Sharmila Bose
Q. Govt. says that they will not cancel the license of RIL on KG Basin..But certainly a PIL can be raised on the Contract signed by RIL and BP given right to Production to BP..RIL cannot give Right to Procurement/Production to any third Party..Your views.
Sharmila Bose:  A.  more

http://qna.rediff.com/questions-and-answers/govt.-says-that-they-will-not-cancel-the-license-of-ril-on-k/27144186/answers/

Sharmila Bose
Q. Will the BP & RIL deal lead more oil exploration in India? How will this deal going to benefit the RIL investors?. Your views?
Sharmila Bose:  A. it will not benefit investors at all. more

http://qna.rediff.com/questions-and-answers/will-the-bp--ril-deal-lead-more-oil-exploration-in-india-how/27144186/answers/19223387

  Web results for Bp Ril
RIL's discovery at MJ1 might not be as prospective as expected

Reliance Industries is yet to announce the estimated reserves in the MJ1 field in D6 block of the Krishna-Godavari basin. Mumbai: The most... ...

http://www.livemint.com/Companies/XoJ13TBpfqLIgm5ov5LhrL/RILs-discovery-at-MJ1-might-not-be-as-prospective-as-expect.html
Reports

Report said that the two firms may develop 3-4 Trillion cubic feet of gas discoveries off the east coast, BP India head Sashi Mukundan said.... ...

http://www.indiainfoline.com/article/news-top-story/ril-bp-plans-to-invest-rs-6-000-crore-by-2016-reports-115012800486_1.html
RIL, BP to invest around Rs6,000 crore to improve gas recovery

Gas output from D1 and D3 fields in KG-D6 block has fallen from about 54 mmscmd achieved in 2010-11 to just over 8 mmscmd Reliance Industries Ltd... ...

http://moneylife.in/article/ril-bp-to-invest-around-rs6000-crore-to-improve-gas-recovery/40304.html
ONGC INKS PACT WITH IITs TO DEVELOP E&P TECHNOLOGY

New Delhi: The industry-academia collaboration is aimed at bolstering Make in India campaign in energy sector, ONGC Chairman and Managing Director... ...

http://www.ipanewspack.com/oilgas-2/ongc-inks-pact-with-iits-to-develop-ep-technology/
India and Britain making great things together

Agencies, New Delhi Prime Minister Narendra Modi and his British counterpart David Cameron have jointly welcomed the launch of the Great... ...

http://www.centralchronicle.com/india-and-britain-making-great-things-together.html

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