News for 'Basin Reserve'

RIL looks to revive upstream biz

RIL looks to revive upstream biz

Rediff.com5 Aug 2019

With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.

McCullum legacy much more than pyrotechnics

McCullum legacy much more than pyrotechnics

Rediff.com18 Feb 2016

While the triple century against India and an away series win over West Indies were the highlights of his career, Brendon McCullum said it was the camaraderie of the dressing room that would linger longest in his memory.

OVL eyes 11% stake in Sudan oilfield

OVL eyes 11% stake in Sudan oilfield

Rediff.com11 Dec 2003

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corporation, is in talks with two Middle-East Asian companies to acquire stake in an oil field in Sudan that is estimated to hold oil reserves in excess of 3.5 billion barrels.

Gas giants in a 'draining' battle

Gas giants in a 'draining' battle

Rediff.com2 Jun 2014

ONGC takes Reliance to court, alleging years of stealing from its offshore block and a sleeping govt, right after it was agreed there would be a probe by experts.

SBI to provide $1bn loan to Adani's Australia coal mine

SBI to provide $1bn loan to Adani's Australia coal mine

Rediff.com17 Nov 2014

Australia's federal and Queensland governments are eager to see the mine built following the loss of more than 4,000 coal jobs over the past two years, but analysts and project finance experts believe Adani may have underestimated the challenge of raising funds for the project.

No solution yet on ONGC-RIL gas siphoning case

No solution yet on ONGC-RIL gas siphoning case

Rediff.com21 Jan 2015

ONGC has suffered a loss of over Rs 30,000 crore due to alleged siphoning off of natural gas by Reliance Industries Ltd (RIL) from the PSU's well in Krishna-Godavari (KG) basin and appointment of an experts body on the issue "will not help", the state-run oil firm said.

Karnataka defers Cauvery water release to Tamil Nadu

Karnataka defers Cauvery water release to Tamil Nadu

Rediff.com22 Sep 2016

CM Siddaramaiah has called legislature session on September 23 to discuss the SC's direction.

Kane... and able!

Kane... and able!

Rediff.com22 Dec 2015

With an impeccable tally of 2,633 runs across formats this year, Kane Williamson, says Bikash Mohapatra/Rediff.com, is right up there among the pantheon of modern great greats.

South Odisha fears flood after cyclone

South Odisha fears flood after cyclone

Rediff.com12 Oct 2014

With the southern districts of Ganjam, Gajapati and Kandhamal receiving heavy rainfall due to cyclone Hudhud, the local administration has started preparations for floods if such a situation arises.

Australia's green groups keep heat on Adani after mine approval

Australia's green groups keep heat on Adani after mine approval

Rediff.com4 Apr 2016

Environmental campaigners say they hope two outstanding court cases can still stop India's Adani Enterprises Ltd from developing a A$10 billion ($7.6 billion) coal project.

Adani and Posco agree to build rail line in Australia

Adani and Posco agree to build rail line in Australia

Rediff.com18 Jul 2014

The Queensland Government has declared the rail corridor as a Strategic Development Area, the statement said.

India to 'stop' flow of its share of water to Pak: Gadkari

India to 'stop' flow of its share of water to Pak: Gadkari

Rediff.com21 Feb 2019

Gadkari said the water of these 'Eastern rivers' will be diverted and supplied to Jammu and Kashmir and Punjab.

ONGC Videsh-Oil India complete acquisition of Videocon stake

ONGC Videsh-Oil India complete acquisition of Videocon stake

Rediff.com8 Jan 2014

OVL, the overseas arm of state-run explorer Oil & Natural Gas Corporation, and Oil India Limited agreed in June last year to jointly buy Videocon's 10 per cent interest in the Rovuma Area 1 for $2.475 billion.

SBI scotches reports of scrapping $1 bn loan pact with Adani

SBI scotches reports of scrapping $1 bn loan pact with Adani

Rediff.com13 Mar 2015

SBI blamed poor coal prices for the decision to turn down the loan request.

RIL's East-West gas pipeline to be sold for Rs 13,000 cr

RIL's East-West gas pipeline to be sold for Rs 13,000 cr

Rediff.com15 Mar 2019

The length of the main trunk pipeline is 1,385 km from Kakinada to Bharuch and 75 km is the length of the spur lines.

Modi takes a swipe at Naidu as TDP protests his visit

Modi takes a swipe at Naidu as TDP protests his visit

Rediff.com10 Feb 2019

'He keeps reminding me he is senior. There is no debate in this. I have never shown any disrespect to you since you are a senior,' the PM said.

Top FPIs' assets more than double in 5 years

Top FPIs' assets more than double in 5 years

Rediff.com8 Mar 2019

While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.

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

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

Rediff.com21 Sep 2018

Post-cessation, activities related to the safe shutdown of the field are underway.

Ishant's career-best figures help India dominate Kiwis on Day 1

Ishant's career-best figures help India dominate Kiwis on Day 1

Rediff.com14 Feb 2014

Ishant Sharma exploited the seaming conditions brilliantly to return a career-best 6 for 51 as India took early control of the second and final Test by bowling out New Zealand for a paltry 192 in the first innings in Wellington on Friday. Opener Shikhar Dhawan then hit an unbeaten half-century as India reached 100 for 2 at close, still trailing by 92 runs at the Basin Reserve.

The Rs 30,000 crore fight over gas

The Rs 30,000 crore fight over gas

Rediff.com5 Dec 2014

A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.

OilMin frustrated KG gas project, says ONGC

OilMin frustrated KG gas project, says ONGC

Rediff.com1 Sep 2014

Oil and Natural Gas Corporation had in 2007 farmed out 15 per cent stake in the KG-DWN-98/2 block, which sits next to Reliance Industries' KG-D6 block, to Brazil's state-controlled oil firm Petroleo Brasileiro SA or Petrobras.

No urgency to set up Cauvery management board: SC

No urgency to set up Cauvery management board: SC

Rediff.com3 Dec 2013

The Supreme Court on Tuesday refused to give an urgent hearing to a plea of the Tamil Nadu government for setting up the Cauvery management board for implementation of the Cauvery water disputes tribunal award, saying there is "no urgency" for it.

RIL-BP win approval to invest in R-Series gas field

RIL-BP win approval to invest in R-Series gas field

Rediff.com29 Aug 2013

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.

OVL-OIL to buy Videocon's 10% in Mozambique field

OVL-OIL to buy Videocon's 10% in Mozambique field

Rediff.com10 Jun 2013

ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion.

McCullum leads from the front as New Zealand bat India out

McCullum leads from the front as New Zealand bat India out

Rediff.com17 Feb 2014

Listless Indian bowling allowed New Zealand get off the hook. The home team rode on captain Brendon McCullum's magnificent double century to continue their remarkable fightback and take a commanding lead on the fourth day of the second Test in Wellington on Monday.

Will IPL matches be shifted out of Chennai?

Will IPL matches be shifted out of Chennai?

Rediff.com9 Apr 2018

"The cricket board has been apprised of our sentiments," Fisheries minister D Jayakumar said.

Nifty ends below 7,750 amid volatility; Lupin falls 12% in 2 sessions

Nifty ends below 7,750 amid volatility; Lupin falls 12% in 2 sessions

Rediff.com23 May 2016

Stellar rally in ITC shares along with strength in the Asian equities capped the downside.

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

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

Rediff.com26 Apr 2015

Oil Min rejects RIL arbitration notice.

ONGC has no claims in KG gas row: RIL

ONGC has no claims in KG gas row: RIL

Rediff.com16 Oct 2015

RIL had drawn 58.67 bcm of gas from four wells.

Tamil Nadu vs Karnataka: The Cauvery dispute timeline

Tamil Nadu vs Karnataka: The Cauvery dispute timeline

Rediff.com16 Feb 2018

Following is the chronology of events in the decades-old Cauvery water dispute matter in which the Supreme Court on Friday held that Karnataka will get 284.75 tmcft and Tamil Nadu 404.25 tmcft Cauvery water.

Oil minister justifies hiking RIL gas price

Oil minister justifies hiking RIL gas price

Rediff.com17 Jul 2013

The oil ministry is rejecting the monetisation of new discoveries as their production will not be viable at the present price of $4.2 per mmbtu

'New gas price will not push up output'

'New gas price will not push up output'

Rediff.com18 Nov 2014

The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.

SBI to take final call on $1-billion loan to Adani in 3 months

SBI to take final call on $1-billion loan to Adani in 3 months

Rediff.com7 Dec 2014

Adani Mining is building a 300-km rail line for its about $16 billion Carmichael coal mine project in Australia.

Sensex, Nifty post best gain in a month

Sensex, Nifty post best gain in a month

Rediff.com30 Mar 2016

Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.

Rahane's maiden Test ton helps India build on their advantage

Rahane's maiden Test ton helps India build on their advantage

Rediff.com15 Feb 2014

Ajinkya Rahane cracked his maiden ton as India dished out a dominant batting display to take a massive 246-run lead and put themselves in the drivers' seat over New Zealand on the second and final Test in Wellington on Saturday.

RIL challenges oil min taking away 5 gas finds

RIL challenges oil min taking away 5 gas finds

Rediff.com11 Feb 2015

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.

Sensex ends 200 points lower; Tata Steel among main losers

Sensex ends 200 points lower; Tata Steel among main losers

Rediff.com12 Sep 2013

The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.

Teaching Pakistan a lesson: What India can do about the Indus Waters Treaty

Teaching Pakistan a lesson: What India can do about the Indus Waters Treaty

Rediff.com29 Sep 2016

'Much can be done by India under the provisions of the treaty to make full use of its rights it has.' 'The impact of that will be felt downstream.'

ONGC hires drilling rig for Rs 2.39 cr per day

ONGC hires drilling rig for Rs 2.39 cr per day

Rediff.com18 Jun 2013

State-owned Oil and Natural Gas Corp (ONGC) has signed a contract to hire a long-idled ultra-deepwater drillship of US-based Transocean for $412,000 (about Rs 2.39 crore) per day.

ONGC to increase natural gas output 53% as new fields start

ONGC to increase natural gas output 53% as new fields start

Rediff.com25 Sep 2013

The newer gas finds will help turn the tide for ONGC, which has seen oil and gas output stagnating in recent times.