Reliance had last month struck gas in the fourth successive well on the block KG-DWN-2003/1 that lies close to its prolific D6 area in the Krishna-Godavari Basin in the Bay of Bengal.
Heavy rain in coastal Andhra Pradesh in the wake of Cyclone Laila has paralysed industrial activity in the state, including closure of oil rigs in the Krishna-Godavari Basin. Cargo handling at ports also suffered due to the incessant rain.
Skipper Kane Williamson says New Zealand's victory in the second Test well inside three days is not a fair reflection of how competitive the match was, and
New Zealand's towering new all-rounder Kyle Jamieson provided a second consecutive match-winning performance in the second Test against India at Hagley Oval on Monday as the home side clinched a 2-0 series win. He took Player of the Series honours after taking 5-45 in India's first innings followed by 49 batting at number nine as India's pace bowlers fought back on a green pitch offering extravagant movement off the seam.
With the three-match T20I series ahead and also the World Cup round the corner, India will have to address this weakness to ensure that their much-vaunted batting doesn't crumble on an odd day when the condition aids swing bowling in England.
The only selection issue facing New Zealand as they head into the second match against India at Christchurch is likely to be whether pace bowler Kyle Jamieson, so impressive on his Test debut at the Basin Reserve, bats higher in the order. Jamieson made a big impression in the hosts' 10-wicket victory in the opener of the two-Test series, capturing 4-39 in the first innings and then scoring 44 in a rearguard action.
After dream debut against India, New Zealand's imposing pacer Kyle Jamieson wants to establish himself as an all-rounder.
Kyle Jamieson said he believed he was capable of rapid improvement in both speed and general performance.
ONGC Videsh Ltd and Oil India Ltd-Indian Oil Corp combine have won an oil block each in Libya. \n
Adani, GVK win Australian state backing to expand coal port.
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.
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
The company has battled opposition from green groups since starting work on the project five years ago
Before they take the field for the World Test Championship final on Friday, June 18, Rajneesh Gupta takes a look at India-New Zealand Test encounters in the new century.
CPCL, in which Indian Oil holds 51 per cent stake, runs a 9.5-million tonnes per annum refinery at Manali in Chennai.
The green panel ordered a survey to seek views of the common people about what they feel on ground about the pollution in the Ganga.
Virat Kohli is going through a rare lean phase in his career, but Sharma is unperturbed and feels that the Indian captain will bounce back.
.jpg)
The government is likely to file an appeal against the Cairn arbitration award contesting its sovereign rights to tax, sources said.
RIL's KG basin started pumping gas in April and is currently producing 37-38 mscmd.
During the meeting, Pakistan was expected to highlight concerns about the three Indian hydro projects being built on the rivers flowing to Pakistan.
State-run gas utility GAIL India Ltd buys 0.9 million standard cubic meters per day of output from Ravva Satellite fields at $4.30 per mmBtu. The new price sought by the Ravva consortium is 60 per cent more than the maximum price of $4.20 per mmBtu approved for RIL's KG-D6 fields for five years to March 2014.
There are no half measures for fit-again New Zealand pace spearhead Trent Boult who is ready to challenge India captain Virat Kohli on his return to international cricket during the two-Test series starting in Wellington on Friday. Boult was out of action for the past six weeks due to a fracture on his right hand sustained during the Boxing Day Test against Australia and missed out on the limited-overs leg of the India series.
Chatfield had hoped to score a century before he retired but his highest was "50 something" in club cricket. He was dismissed for a golden duck in his final innings, although he said he did not want that innings reported.
India will aim to soar higher with the return of Virat Kohli against Joe Root's England
CPI leader Gurudas Dasgupta on Tuesday welcomed Arvind Kejriwal government's move to file criminal cases against Reliance Industries and Union minister Veerappa Moily, among others, on gas pricing issue.
The SC ruled that Karnataka will now have an enhanced share of 14.75 tmcft water per year while Tamil Nadu will get 404.25 tmcft, which will be 14.75 tmcft less than what was allotted by the tribunal in 2007.
The Bombay high court has modified the interim order on the sale of KG basin gas by Reliance Industries.
Ian Chappell reckoned Indian batsmen need to strike a balance between caution and aggression. Known for his sharp cricketing mind, Chappell's line of thinking is a bit different from that of Kohli.
The empowered group of ministers, however, decided to allocate the initial 40 million standard cubic metre per day of gas from KG-D6 basin to the existing power and fertiliser plants and proposed units like the captive power plant at Nagothane did not figure in the scheme of things. A company spokesperson confirmed the scrapping of the project.
The crux of the ongoing court case between Reliance Industries (RIL) and Reliance Natural Resources (RNRL) on Monday was pricing of the gas produced from the Krishna-Godavari (KG) basin.
The Bombay high court on Monday suggested that the warring Ambani brothers could approach an independent body to resolve their dispute relating to supply of natural gas from the Krishna-Godavari basin. "The MoU is not able to resolve the issue and we would suggest both the parties to approach an independent body for the same," observed justice J N Patel.
Pick your Playing XI for the second Test against New Zealand.
French oil giant TotalFinaElf has offered Oil and Natural Gas Corporation stake in its Azerbaijan and Barbados oil blocks in return of equity in the Indian oil firms' three offshore blocks.
Trent Boult revealed his gameplan against Kohli after third day's play
'Glaciers are melting all across the region.'
ONGC Videh, the overseas investment subsidiary of the country's largest oil producer Oil and Natural Gas Corporation, has won two onshore oil and gas exploration blocks in Colombia.
Britains' Cairn Energy has offered to sell its stake in two oil and gas blocks in Krishna Godavari basin to Oil and Natural Gas Corporation for $100 million and 15 per cent equity in state-run firm's two blocks.\n\n\n\n
The government will now examine the report and decide on how and to what extend should ONGC be compensated for its gas being produced by RIL.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances