Nicknamed ‘Project Gold’ , the deal is estimated to cost some $400-500 million, persons familiar with the negotiations said.

Pioneer in $1.15 bn Eagle Ford Shale JV with Reliance. Reliance to pay $210 mn for Newpek venture. Ambani Brothers | RIL mulls $9bn investm...

Reliance Industries (RIL) will make its second investment in two months in a large shale gas field in the US, as it tries to cash in on a b...