RIL to produce 23 mmscmd from gas finds in KG-D6: Oil Ministry
The Ministry said 10 mmscmd gas will come from four satellite fields of D-2, D-6, D-19 and D-22 in the eastern offshore Krishna Godavari basin block KG-D6 and another 13 mmscmd from D-34 discovery.
Jun 02, 2015, 17:40 PM IST
ONGC strikes 'significant' oil, gas in KG basin
State-owned Oil and Natural Gas Corp (ONGC) Wednesday said it has made another significant oil and gas discovery in its Krishna Godavari basin deepwater block KG-D5, which sits next to Reliance Industries' flaging KG-D6 area.
Apr 29, 2015, 23:25 PM IST
RIL seeks immediate start of KG-D6 cost recovery arbitration
With its KG-D6 cost recovery arbitration stuck for three years, Reliance Industries has sought immediate start of the proceedings for early resolution of the dispute.
Dec 26, 2014, 17:46 PM IST
CAG wants $357.16 mn of RIL's KG-D6 cost disallowed
The CAG found irregular payment of USD 427.48 million to contractors, of which it sought disallowance of at least USD 77.36 million cost.
Nov 28, 2014, 16:56 PM IST
RIL gas output from KG-D6 likely to improve: UBS
UBS said it expects RIL's "core petrochemical, refining and domestic exploration and production businesses to improve over the next two years".
Sep 23, 2014, 17:26 PM IST
ONGC-RIL gas dispute: HC intervention sought
An activist lawyer and a former bureaucrat Wednesday moved the Delhi High Court seeking its intervention in ONGC's petition accusing Reliance Industries Ltd (RIL) of exploiting gas worth Rs 30,000 crore from the PSU's natural gas block in Krishna-Godavri basin.
Sep 03, 2014, 22:33 PM IST
RIL marked all correspondence with Oil Min, DGH
Reliance Industries had marked all copies of its correspondence with the Supreme Court-appointed Tribunal on KG-D6 cost recovery issue to the Oil Ministry and its technical arm DGH.
Aug 07, 2014, 18:49 PM IST
DGH rejects ONGC's three KG gas discoveries
Sources said the ministry feels that taking away the discoveries and rebidding the finds may lead to delay in development. Also, the move may attract legal challenge.
Aug 03, 2014, 13:07 PM IST
Govt slaps $579 mn additional penalty on RIL
With this, the total penalty on RIL for missing the target in four fiscal years beginning April 1, 2010 now stands at a cumulative USD 2.376 billion.
Jul 14, 2014, 16:09 PM IST
Government slaps $579 mn additional penalty on RIL
The total penalty now stands at USD 2.37 billion. The penalty in the form of disallowing costs incurred on the field is for missing the target in 2013-14.
Jul 14, 2014, 15:53 PM IST
