India's gas output to jump 52% by 2024

India's natural gas production is projected to jump by 52 per cent to 122 million standard cubic metres per day by 2024 as state-owned Oil and Natural Gas Corporation (ONGC) and Reliance Industries......

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

Post-cessation, activities related to the safe shutdown of the field are underway. Reliance Industries on Friday said it has permanently shut down its only oil field in the flagging KG-D6 block......

How ONGC plans to develop fields in Krishna Godavari basin

The company has chalked out a detailed plan for development of its existing KG basin assets after integration with GSPC facilities. The country’s largest hydrocarbon producer, Oil and......

RIL, partners face $1 bn penalty for using ONGC's gas

The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......