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Texas Eagle Ford

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RIL to invest $1.36 billion in US oil giant

Reliance Industries will invest $1.36 billion in shale assets of Pioneer Natural Resources, as the energy major looks to build its presence in the US shale gas sector. Under the agreement, Pioneer......

RIL to sell 49.9% stake in US joint venture

Reliance Industries is looking to sell its 49.9 per cent stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas. RIL, as well as its partner......

Reliance sells last of its US shale gas assets

Reliance Industries Ltd has exited the last of its shale gas assets in the US after it agreed to sell its holding in Eagleford shale gas assets for an undisclosed sum of money. IMAGE: Kindly note......

Reliance close to selling stake in US shale gas JV

Stake valued at $4 billion, against initial expectation of $4.5 billion India’s largest corporate entity, Reliance Industries Ltd (RIL), is set to sell its 45 per cent stake in a shale gas......

Why shale holdings of RIL, GAIL are under pressure

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative. The falling demand of crude oil in the US market will......

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