RIL-BP currently produce gas from Dhirubhai-1 and 3 field and oil and gas from MA field, three of the over one-and-half dozen discoveries made in KG-D6 block
Germany's left-leaning, Social Democrats Party (SPD) won in the German federal election with over 25 per cent votes, but uncertainty remains over the next leader as results showed that the party won narrowly.
Reliance Industries, which has seen output from its prolific KG-D6 fields fall by 15 per cent, can raise production to 67-68 million cubic metres of gas a day by next month if it can drill additional wells.
Reliance Industries has proposed to invest an additional $1.5 billion in bringing to production four gas discoveries adjoining its prolific gas fields in Krishna-Godavari basin in the country's east coast.
SC has asked Posco to submit a composite forest diversion proposal for its steel project in Orissa, thereby putting the company in a Catch22 situation.
Pradhan said a National Data Repository which will store information on all sedimentary basins of the country is being pursued on top priority.
RIL has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries.
Reliance Industries and its partner BP Plc on Thursday won approval to invest $3.18 billion in R-Series gas field in the flagging KG-D6 block.
Dispute resolution provisions in the production sharing contract remained unimplemented, while the regulator faltered, points out Jyoti Mukul.
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