Reliance Industries has informed oil regulator DGH that four smaller gas finds surrounding the D-1 and D-3 fields in the Krishna-Godavari basin can be commercially exploited.
Widespread protests broke out in non-Telangana regions observing a day-long bandh on Friday to protest the division of the state with agitators damaging buses, staging demonstrations and resorting to road blockades.
Telugu Desam Party president and leader of opposition in Andhra Pradesh assembly, N Chandrababu Naidu on Thursday sought Prime Minister's direction for Maharashtra and Karnataka governments over the issue of "illegal" construction of barrages across Godavari and Krishna rivers.
After the success of Barmer oil fields in Rajasthan, Cairn India - the second largest oil and natural gas explorer in the country - bets heavily on wildcat drilling.
State-owned Oil and Natural Gas Corporation plans to invest over $10 billion in bringing to production gas discoveries off the east coast, its director (exploration) D K Pande said on Tuesday.
Five people in Andhra Pradesh's East Godavari district were killed after a jeep that was part of a convoy of Minister of State for Defence M M Pallam Raju hit an autorickshaw on Thursday afternoon.
Congress MP Y S Jagan Mohan Reddy, who has been critical of the party leadership, has kicked off the second leg of his yatra.
Billionaire Mukesh Ambani-run Reliance Industries Limited began gas production from the Krishna-Godavari basin in April, 2009, and its 60 million standard cubic metres per day output led to a 75 per cent jump in natural gas availability in the country to 140 mmscmd.
The Uppada Handloom Weavers Co-operative Production and Sales Society Limited and two other registered societies, representing the weavers community in several villages in the Uppada Kothapalli mandal of East Godavari district, have been given the GI registration.
The Krishna-Godavari (K-G) basin may prove to be a much bigger play for Reliance Industries Ltd. This follows the announcement that its D4 block could hold twice the reserves of the in-production D6 block to the north.
In a free-wheeling interview with Jyoti Mukul, Sibal makes a case for his innocence and blames the media campaign by the Anil Ambani group for the current controversy.
Andhra Pradesh is facing the worst ever floods in its 60 years, as 60 per cent of Kurnool city was submerged on Friday leaving thousands homeless and stranded without food and water.
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.
Andhra Pradesh Rural Development Minister V Vasant Kumar on Tuesday said the daily wages paid to workers under the National Rural Employment Guarantee Scheme (NREGS) in the state will be enhanced from May 1.
Likely to drill three additional exploration wells in the block before the end of 2010.
A day after Reliance Industries Ltd announced sale of 30 per cent interest in its 23 oil and gas blocks, Canada-based Niko Resources, RIL's partner in three fields - D6, NEC 25 and D4 - on Tuesday said it has the option to increase its stake in the fields by up to 30 per cent from current working percentages.
Three Telugu Desam Party leaders including former state Home Minister K Siva Prasad Rao on Thursday went on indefinite fast at the Hindu College centre in Guntur opposing the proposal to divide Andhra Pradesh.
RIL, with interests in petrochemicals, oil and gas exploration, textiles and retail, will continue to see a slow decline in margins.
The danger of a corporate capture of government isn't imaginary, and corporations represent narrow profit-seeking interests of businessmen whose forte is not Constitutional values, says Praful Bidwai.
A division bench of Justices A S Oka and V L Achliya said the state government will have to take prior permission from the court if it wanted to use the dam water for Kumbh Mela.
RIL's gas production from its D6 fields in the Krishna Godavari basin on Sunday touched 50.15 mmscmd. This for the first time surpasses ONGC's 49.6 mmscmd output.
A mob of "gau rakshaks" allegedly beat up two Dalits in East Godavari district.
RIL said production capacity from KG-D6 has far exceeded the 40 million standard cubic meters per day (mmscmd), for which buyers have been tied-up, and has asked the government to immediately name customers for an additional 25 mmscmd so as to avoid irreversible damage to the field reservoirs.
The stage for negotiations to settle the Krishna-Godavari basin dispute is long over, says a government official
MA fields were producing around 32,000-33,000 barrels of oil per day and 8 million standard cubic meters per day of gas.
RNRL had sought 28 mscmd of gas for 17 years at $2.34 per million British thermal units (mBtu) from Mukesh Ambani's RIL.
Read the full text of the Supreme Court ruling in the Krishna Godavari Basin gas dispute between Mukesh Ambani-led Reliance Industries Ltd and Anil Ambani's Reliance Natural Resources Ltd.
In what could seal the fortunes of the gas and power businesses of the two Ambani brothers, the Supreme Court is to deliver a judgment tomorrow on the bitterly fought dispute over gas from the Krishna-Godavari basin's D6 block.
At least 60 persons either committed suicide or died of shock after hearing the news of Chief Minister YSR Reddy's death in a chopper crash.
Lok Sabha MP Harsh Vardhan on July 23 wrote to Petroleum Minister Murli Deora asking why the government had kept quiet for all this while on the Ambani family MoU that provides for dividing Krishna-Godavari basin gas between companies run by brothers Mukesh and Anil.
The latest Ambani-sibling fight has now become a political battle.
Anil Ambani's Reliance Natural Resources continued its attack on the government for allegedly favouring brother Mukesh Ambani's Reliance Industries Ltd on the sale price of gas from the Krishna Godavari D6 basin. At $4.2 per million British thermal unit (mBtu), the price fixed, there is a premium of more than 100 per cent over the gas available through the administered pricing mechanism, it said.
State plans to ask Centre to increase K-G gas allocation.
The Samajwadi Party members stormed the well dissatisfied over the government's response to their demand for gas allocation to Anil Ambani-promoted Dadri power plant in Uttar Pradesh from the Mukesh Ambani-led RIL's D-6 gas field in the Krishna-Godavari basin.
India's fiscal deficit is projected to more than double to 6 per cent of GDP this fiscal against the budgetary target of 2.5 per cent. For the next fiscal, the deficit is estimated to be 5.5 per cent of GDP.
RIL's predominantly gas rich KG-D6 block, off the east coast, has also helped boost availability of the environment friendly fuel in the country.
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
The affected trains include Falaknuma, Palnadu, Amaravati Express and Macherla-Bhimavaram Passenger.
The 28 discoveries include Charada structure and Matar field in Cambay basin (Gujarat) and YSAF in KG basin (off Andhra Pradesh coast), the company said. The discoveries made in FY'09 have been notified to the directorate general of hydrocarbons.
Director Sekhar Kammula talks about the much hyped film.
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