The block was offered to the consortium under New Exploration and Licensing Policy (Nelp VII). RIL has 70 per cent participating interest and BP, which is the operator of the block, holds the remaining 30 per cent.
Mittal plans to set up refineries in Congo and Nigeria and is seeking a partnership with HPCL
The cause of the mishap was under investigation.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
L&T will build the ports, operate it for a while and then transfer it to L&T-IDPL. Consequently, the new ports, like shipbuilding, will not sit on L&T's books though it will reap the benefits as the constructor of the projects.L&T is also constructing three airports: the new one coming up in Delhi (as the main contractor, end to end), at Bangalore as a constructor and an equity partner, and at Hyderabad (as the constructor).
A profusion of religious architecture spreads over an ancient agrarian landscape in Tamil Nadu, the deep south of India. Guy Trebay takes it in.
The incident occurred around 5.15 am, they said, adding a relief train from Sambalpur station has been rushed to the spot.
Uber, Ola's main competitor in Australia, currently operates in 19 cities including Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra.
Reliance has submitted an initial development plan (IDP) for six gas discoveries in the NEC-25 block in Orissa, envisaging a production rate of 35-40 million standard cubic meters per day.Reliance has not detailed a production schedule from the six discoveries where it estimates a total potential of 8.2 Trillion cubic feet, of which 1.1 Tcf is recoverable.
Reliance Industries and Oil and Natural Gas Corporation will present their views as producers on pricing of natural gas on Tuesday to a panel of top government officials formed to resolve the vexed issue.
Oil and Natural Gas Corporation has offered Brazilian oil firm Petroleo Brasileiro SA (Petrobras) a stake in its east coast blocks in exchange for getting a 15 per cent stake in a Brazilian exploration acerage.
The severe cyclonic storm lay over the south-east Bay about 300 km west of Port Blair on Monday and had intensified into a very cyclonic storm by 1.30 am, they said. It now lay about 950 km south south-east of Paradip at 8.30 am on Tuesday. The system is likely to intensify further and move in a north-western direction.
RIL on Monday submitted a commerciality report for the Dhirubhai-39 discovery in block KG-DWN-2003/1, about 50 km off Machilipatnam in Andhra Pradesh, to the oil ministry and the directorate general of hydrocarbons. A company official said the well KG-V-D3-A1 flowed 38.1 million cubic feet per day of gas and the find was later named Dhirubhai-39.
A woman appears to risk her life to capture a breathtaking engagement photo, however the incredible snap is actually just an optical illusion.
"We have just kept skeleton staff at the plant and rest have been sent home," Deepak G Inamdar, a senior engineer at the plant had told Gulf News over phone from Sur on Wednesday.
The death toll crossed 800 in Haiti.
The sleepy fishing hamlet of Hanumanthaikuppam near Puducherry came alive on Tuesday when former US president and Nobel Laureate Jimmy Carter made a brief visit to a site where houses are being built for tsunami victims.\n\n
Steel baron Lakshmi N Mittal is eyeing to buy half of Hindustan Petroleum Corp's exploration arm Prize Petroleum for about Rs 200 crore (Rs 2 billion). Mittal, which made rapid advances in oil sphere this year first with a 49 per cent stake in HPCL's Bhatinda refinery and then partnering the state-run firm for a separate refinery on the east coast, is in talks with financial institutions to buy out their 50 per cent stake in Prize Petroleum.
Oil and Natural Gas Corporation said on Wednesday it will begin production from its ultra deep sea gas discovery in the Krishna-Godavari basin off the east coast by 2012-13.
Indian Oil Corporation plans to invest about Rs 25,000 crore (Rs 250 billion) for setting up a new 15 million tonnes refinery and petrochemicals complex at Ennore in Tamil Nadu to maintain its position as India's largest refiner.
The government may permit Reliance Industries Limited to export surplus LPG from the west coast and allow it to import on the deficit east coast to make huge savings on freight cost.
Reliance Industries Ltd has found new natural gas reserves in Krishna Godavari basin D6 block off the east coast, the company's minority partner Niko Resources has said.
There was no immediate confirmation of the incident from the Liberation Tigers of Tamil Eelam.
A slew of investment proposals in West Bengal, starting from agri-retail chain to petrochemicals, are likely to be discussed when Reliance Industries Chairman Mukesh Ambani meets Chief Minister Buddhadev Bhattacharya in Kolkata on Wednesday.
BCCI president Anurag Thakur has said the Cricket Board has put on hold plans of hosting a 'mini IPL' in the USA, with T20 Internationals being seen as the preferred platform to reach out to the American market. The main hurdle, according to Thakur, was the time zone difference. "I think we must understand the time difference. IPL is seen in India from 7 o'clock to 11 or 11.30 at night. So you have to play somewhere in the east coast here (USA) so (that) the timing matches.
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.
CPM leader Tapen Sen has asked Prime Minister Manmohan Singh for a probe into what he called 'artifical inflation' in Reliance Industries' KG-D6 spend and the Mukesh Ambani-run firm's 'manipulation' of gas price.
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.
A Committee of Secretaries will meet on July 6 to discuss pricing of natural gas to be produced from Reliance Industries' block off the east coast and whether the Centre should take its share in cash or kind.
ONGC signed an agreement with the Norwegian deepwater export to develop deepwater oil and gas blocks on Monday evening.
Setting aside considerations of political expediency, India should act to stop the bleeding. If nothing else, the humanitarian crisis demands a response.
Jute baron Arun Bajoria is on a selling spree. After deciding to sell India Jute to the Kajarias, Bajoria is divesting three mills in Andhra Pradesh.
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