The Delhi High court on Wednesday issued a stay on an order issued in November by the Petroleum and Natural Gas Regulation Board for “virtual transport” of Liquified Natural Gas from the west coast

Company to furnish $135 m bank guarantee every quarter

The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved giving Reliance Industries Ltd. (RIL) a higher price for natural gas from April next, subject to the company furnishing $135 million bank guarantee every quarter.

The National Green Tribunal (NGT) today restrained industries, including Essar, Hindalco and Reliance' Sasan Ultra Mega Power project, from cutting trees without consent from competent authorities

The government auditor wants to know steps taken to ensure that the firm delivers gas at $4.2 mbtu

The Mukesh Ambani-owned Reliance Industries Limited (RIL) is in for more trouble as the Comptroller and Auditor-General has questioned the Petroleum and Natural Gas Ministry over the recent gas price increase and wanted to know the steps taken to ensure that the operator (RIL-BP) delivers gas at $4.2 mbtu as per the approved production plan.

Another PIL has been filed in the Supreme Court seeking cancellation of the contract awarded to Reliance Industries Ltd (RIL) and Canada-based NIKO Resources for exploration and production of natur

The Supreme Court on Monday issued notices to the government, Reliance Industries (RIL) and Oil Minister Veerappa Moily on a petition that challenges the Cabinet decision to raise natural gas price

This, after PIL seeks rethink on govt's decision on gas pricing based on Rangarajan formula

The Supreme Court today sought a response from the Centre and Reliance Industries on a public-interest litigation (PIL) filed by CPI leader Gurudas Dasgupta and former power secretary EAS Sarma.

Essar, Reliance aim to produce 6.5 mmscmd coal bed methane gas in next two years

The Cabinet is likely to take a call on the revision in natural gas prices on Thursday

The incremental revenue for every $1 rise in natural gas prices would be Rs 706.7 crore, while the government would suffer a subsidy loss of Rs 3,155 crore on fertiliser, according to a Cabinet Committee on Economic Affairs (CCEA) note.