RIL to defer gas field development if price outlook uncertain
Reliance Industries may defer development of R-Series and other satellite gas fields in the eastern offshore KG-D6 block if the gas price outlook was uncertain, its junior partner Niko Resources of Canada said.
Jun 29, 2015, 16:55 PM IST
Reliance seeks freedom to fix gas prices
"In this context, it is important to follow the intent, purpose and commitment of the NELP Policy i.e. Maximising E&P activities, getting the risk reward balance right and providing marketing and pricing freedom. This will provide predictability and certainty to the investors," he said.
Jun 12, 2015, 19:43 PM IST
RIL-BP to triple gas output from KG-D6 by 2021-22
Reliance Industries and its partner BP plc will nearly triple natural gas production from their eastern offshore KG-D6 block by 2021-22 in anticipation of a 'right' gas price covering their exploration risk.
May 07, 2015, 16:43 PM IST
RIL to give up KG basin gas discovery block
Reliance Industries will relinquish its Krishna Godavari basin gas discovery block, KG-D3, mainly because of operational restrictions placed by the Defence Ministry.
Dec 24, 2014, 16:14 PM IST
Setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order
GAIL and CPCL have expressed their inability to deduct USD 115 million from the amount due to Reliance Industries.
Aug 19, 2014, 16:26 PM IST
