Reliance Industries Limited, the country's largest private sector company, is raising $2 billion through a 10-year overseas syndicated loan for funding its oil and gas exploration in the D6 block of the Krishna-Godawari basin.
Oil explorer Cairn Energy Ltd has said it would invest $90 million, along with its joint venture partners, over the next nine months toward drilling activity at Ravva, the offshore oil and gas field in the KG Basin.
Hail and rainstorm killed 160 people in 11 provincial regions, mainly along the mighty Yangtze River and its distributaries, and have left 28 missing, state-run Xinhua news agency reported.
Reliance Industries found huge natural gas reserves in the very first well it drilled, which subsequently proved to be the world's second largest deepwater discovery in the last decade.
Pradhan said a National Data Repository which will store information on all sedimentary basins of the country is being pursued on top priority.
New Zealand pacemen Trent Boult and Grant Elliott shared seven wickets as the hosts bundled out Pakistan for 210 to win the first one-day international at the pacy Basin Reserve by 70 runs on Monday.
The fertiliser and power companies say that the cost of gas would be too high, making operating on gas economically unviable.
Reliance Industries, which has discovered gas reserves of nearly 14 trillion cubic feet in the Krishna-Godavari basin off the coast of Andhra Pradesh, is building a gas-receiving jetty in Kakinada.
Reliance Industries has made a 'significant' gas find in a Cauvery basin block-off the east coast, company officials said.
Reliance Industries has made a 'significant' gas find in a Cauvery basin block-off the east coast, company officials said.
China will build its first long-term underwater observation platform in resource-rich South China Sea, where it has territorial disputes with many south-east Asian countries including Malaysia, the Philippines and Vietnam.
Higher price will lead to hike in fertiliser subsidy while a lower price will hit returns.
Check out the lowest totals in Ashes history after England bowled Australia out for 60 in the fourth Test at Trent Bridge on Thursday.
Indian Oil Corporation on Friday said it plans to invest about Rs 2,000 crore in a joint venture with Reliance Industries for retailing natural gas to households and automobiles.
Bharat Petroleum Corporation lans to invest around Rs 6,000 crore (Rs 60 billion) in the exploration and production business over the next few years.
Reliance Industries Ltd will invest $8.84 billion in producing 80 million standard cubic meters per day (mmscmd) of gas from its KG-D6 block in Krishna Godavari basin.
Jal Shakti Minister Gajendra Singh Shekhawat has the task of bringing clean tap water to all households by 2024.
India on Wednesday undocked its first indigenously-built aircraft carrier INS Vikrant.
India's cricket team will open its tour of New Zealand with the first of five One-day Internationals in Napier on January 19, 2014, while Auckland and Wellington will stage the two Tests in the series.
New Zealand wrapped up their two-Test series against Bangladesh when they bowled the visitors out for 113 just before lunch on the third day of the second Test.
The mine got the sign-off from Environment Minister Greg Hunt in October after the company cleared concerns about two rare outback species
The new year promises to be a busy year with brand new airports in Hyderabad and Bangalore, the launch of the Rs 1-lakh-car, unlocking of the gas riches in the Krishna-Godavari basin, and Jamnagar housing the world's biggest refinery complex.
In the past, the absence of commercially viable gas prices had not only discouraged high-risk new exploration activity but also hindered the development of some of the existing discoveries, such as the satellite fields in the Reliance Industries' eastern offshore KG-D6 block.
At least 29 people have died so far in the fast-moving wildfire which began in California on November 8. The numbers are expected to rise.
The top court directed the Secretary of the Union water resources ministry to personally appear before it on May 14 with a draft of the Cauvery management scheme to implement its verdict on water sharing between four states including Tamil Nadu and Karnataka.
The visitors were 66 for three in their second innings at the end of the fourth day's play, with an overall lead of 122 runs.
Reliance Industries Ltd has discovered huge oil reserves in its gas-rich D6 block in Krishna Godavari basin off the east coast, its minority partner Niko Resources of Canada has said.
Fire is still raging at the Oil and Natural Gas Corporation Limited gas well near Olpad town in the district
Scientists have long believed that the first humans came to North America after the last Ice Age ended about 13,500 years ago.
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation, has signed the production sharing contracts with Vietnam Oil and Gas Corporation (PetroVietnam) for two offshore blocks in Phu Khanh Basin.
The $16.5 billion Carmichael coal mine project when completed would be one of the world's largest.
Ross Taylor scored his 10th Test century and surpassed 4,000 career runs to anchor New Zealand's 307 for six at the close of play on the first day of the second Test against the West Indies at the Basin Reserve on Wednesday.
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