Desperate to reverse the falling output at its KG-D6 block, Reliance Industries (RIL) has proposed to drill the first exploration well in almost five years in the flagging gas fields at its own cos

Panel Gives Conditional Approval For D6 Block, Gas Output Set To Rise

A regulatory panel overseeing the affairs of Reliance Industries’ (RIL) most prolific KG-D6 gas block has approved field development investments for three years starting 2010-11 with riders, oil mi

AG: Public Trust Doctrine For Gas Creates Confusion

The petroleum ministry on Tuesday promised expeditious clearances to a proposal made by Mukesh Ambani-run Reliance Industries (RIL) and partner BP India to make fresh investments at four blocks at

The major reason for production shortfall was delays in project implementation by ONGC and Cairn Energy

India missed oil and natural gas production targets by a wide margin due to fall in output at Reliance Industries' KG-D6 fields and delays in implementation of project by ONGC, according to Planning Commission. "Against crude oil production target of 206.73 million tonnes in 11th (Five Year) Plan period (2007-12), the anticipated achievement is 177 million tonnes, i.e. 14% below the target," the Plan Panel's draft note on Energy for the current 12th Five Year Plan period (2012-17) said.

Declare subsidy upfront; give sops to private refiners too.

Private oil companies, which have been pushed out of the fuel retail market because of cheap sales by state-run rivals, are having the last laugh as diesel demand has risen so rapidly that public-s

New Delhi: British energy major BP Plc has sought a free market pricing regime for natural gas to check India’s growing dependence on imports and prevent investments in the exploration and related

Auditor Gives Point-By-Point Rebuttal On Reliance’s Claims Of Lack Of Expertise