Sep 13, 2013
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Sep 13, 2013
Narendra Modi: BJP's trump card?
Sep 13, 2013
Tuesday March 11, 2014
RIL and BP say the decline in current D1&D3 output to a 10th of the previously projected 80 million standard cubic meters per day was purely because of unanticipated geological complexities such as a drop in reservoir pressure and ingress of water an...
Friday March 7, 2014
In May, RIL and its partners announced a significant gas and condensate discovery in the KG-D6 block. In August, RIL and BP announced a new gas condensate discovery in the deep water CYD5 block in the Cauvery basin, off the east coast.
Tuesday March 4, 2014
Monday's decision is a setback for BP's effort to limit payments over the April 20, 2010, explosion of the Deepwater Horizon drilling rig and rupture of BP's Macondo oil well.
World | Reuters | Tuesday March 4, 2014
A divided US appeals court on Monday rejected BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if they could not trace their economic losses to the disaster.
Saturday February 22, 2014
The Oil Ministry has sought legal opinion on whether bank guarantees to cover an increase in gas prices from April need to be furnished by Reliance Industries alone or by partners BP and Niko Resources as well, according to sources.
Wednesday February 5, 2014
BP in 2011 agreed to acquire a 30 per cent stake in blocks operated by Reliance Industries for $7 billion. The UK-based energy firm has also formed a 50:50 joint venture with Reliance for sourcing and marketing gas.
Press Trust of India | Friday January 17, 2014
A division bench of Justices SJ Vazifdar and BP Colabawalla heared a public interest litigation filed by one Santosh Pachlag regarding non-payment of over Rs five crore to police for security provided for IPL matches played in Navi Mumbai's DY Pat...
Friday January 17, 2014
Reliance Industries will hold off from more investment in its main gas block until the government approves its development plans, the energy company said on Friday, after reporting a forecast-beating quarterly profit.
Monday January 13, 2014
Having reversed a decline in gas output at KG-D6 by starting a new production well, Reliance Industries Ltd (RIL) is repairing three shut wells on the main fields in the block and will take up a similar number later to further improve output.
Tuesday January 7, 2014
Regulatory and bureaucratic delays in adding new mines and expanding existing ones have made India the No. 3 importer of coal, even though it sits on what BP ranks as the world's fifth-largest reserves. Imports leaped 34 percent to 137.56 million ton...
World | Reuters | Sunday January 5, 2014
South Sudanese rebels and government negotiators will hold their first face-to-face talks on Sunday, after several days of delay, to thrash out a ceasefire deal and end weeks of ethnic fighting in the world's youngest state.
Sunday December 29, 2013
Reliance Industries and its partners BP Plc of UK and Canada's Niko Resources may have to provide a maximum of $1.2-billion in bank guarantees over three years to get nearly double the rate for natural gas being produced from the main fields in KG-D6...
Wednesday December 11, 2013
RIL-BP, who are currently producing about 11.8 million standard cubic metres per day of gas from the flagging eastern offshore KG-D6 block, is targeting newer fields in KG-D6 block and gas discoveries in neighbouring north-east coast and Cauvery basi...
Thursday December 5, 2013
The current output is sharply lower from the 60 mscmd production at the end of 2010, and Reliance and partner BP have cited geological complexities for the fall in output.
Friday November 29, 2013
Workers angered at losing their jobs shut a major coal field of Coal India Ltd on Friday, leading to the loss of 200,000 tonnes per day of output and causing alarm among power producers already facing tight supply, the company said.
Wednesday October 30, 2013
The government on Wednesday asked Mukesh Ambani-led Reliance Industries Ltd (RIL) to give up 81 per cent of its KG-D6 gas block, including five discoveries, as the time allocated for producing from them had expired.
Friday October 18, 2013
Global oil company BP and its Indian partner Reliance Industries plan to invest between $8 billion and $10 billion by 2016/17 in further development of the D6 gas block, Oil Minister M. Veerappa Moily said on Friday.
Friday October 18, 2013
Facing multiple regulatory challenges, BP Plc chief executive Bob Dudley and Reliance Industries Ltd (RIL) chairman Mukesh Ambani may meet Prime Minister Manmohan Singh on Friday to seek clarity on gas policy.
Tuesday October 15, 2013
Reliance Industries Ltd said on Monday further investment at its key gas field to reverse falling output rests on a rise in domestic gas prices, after subdued global demand for fuel narrowed its refining margins in the second quarter.
Sunday October 6, 2013
Reliance Industries Ltd (RIL) has accused the Directorate General of Hydrocarbons (DGH) of shifting goalposts to strip off its 8 gas discoveries holding 1.15 trillion cubic feet of reserves worth $14 billion from its eastern offshore KG-D6 block.