Profit

RIL makes big push into shale gas business

PUBLISHED ON: June 24, 2010 | Duration: 2 min, 50 sec

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RIL will invest $1.36 billion in the US shale gas assets of Pioneer Natural Resources, as it tries to cash in on the boom in a vast new energy resource. RIL has bought 45 per cent stake in Eagle Ford Shale acreage in south Texas.
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