Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
25 Apr, 2026, 09.18 AM IST
Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
20 Apr, 2026, 03.55 PM IST
RIL prima-facie not complied with CBM policy norm: Oil MinistryRIL said it has abided by CBM pricing policy’s stated objective of discovering the best possible price that maximises state revenue and roy...
15 Nov, 2017, 12.12 AM IST
Oil Ministry moves Cabinet to get RIL, ONGC pricing freedomOil Ministry has proposed to the Cabinet that coal-bed methane (CBM) gas producers be given pricing freedom and allowed to price the fuel a...
14 Mar, 2017, 02.32 PM IST
Govt mulls new pricing formula for coal-bed methaneThe government is looking at a new pricing regime for coal-bed methane to help monetise the clean energy source lying below coal seams.
23 Dec, 2015, 08.53 PM IST
Essar sells CBM gas at $9.16-11.63; GEECL at $8.46-22.01State-owned ONGC, which is one of the three operators producing coal-bed methane (CBM), charges $ 5.71 per million British thermal unit.
13 Dec, 2013, 03.52 PM IST
Essar, Reliance aim to produce 6.5 MMSCMD coal bed methane in next two yearsIndia’s gas supply is expected to get a boost from coal bed methane (CBM) after the government removed uncertainty over its pricing.
11 Jul, 2013, 04.00 AM IST
Oil Ministry asks Rangarajan panel to resolve coal-bed methane pricing issueOil ministry has asked Rangarajan panel to resolve CBM pricing issue that could further delay commercial production of gas from the blocks.
02 Oct, 2012, 06.37 AM IST
- Oil Minister S Jaipal Reddy wants committee of secretaries to scrutinise RIL, Essar pricing proposals
Reddy has written to PM seeking formation of a CoS to scrutinise the coal-bed methane, or CBM pricing proposals of Reliance Industries and ...
26 Sep, 2012, 04.19 PM IST
- Essar Oil to invite fresh bids for Raniganj CBM
The move is to ensure there is no ambiguity going forward as to whether the prices received during the price discovery process are fully at...
11 Jul, 2012, 04.43 AM IST
- Oil regulator DGH rejects Reliance Industries' CBM gas price
Sources said the DGH reply was in response to the clarification sought by the ministry on June 13, a day after senior bureaucrat Choubey to...
04 Jul, 2012, 04.59 PM IST
- Oil Min looks set to reject RIL's CBM price
The Petroleum Ministry looks set to reject the price Reliance Industries has proposed for gas it will produce from below coal seams, CBM, c...
01 Jul, 2012, 03.37 PM IST
- Oil Ministry seeks clarifications from RIL on CBM gas price
The ministry will have 60 days to decide on the CBM price from the date on which RIL submits the clarifications.
02 May, 2012, 04.46 PM IST
- Government appoints ministerial panel as RIL, Essar CBM price differ
The oil ministry plans to take coal bed methane (CBM) pricing matters to a ministerial panel as it sees a wide gap between prices offered b...
01 May, 2012, 06.40 AM IST
- OilMin to decide on Reliance Industries' CBM gas price formula
The Oil Ministry today said it will decide on Reliance Industries' February 21 proposal for pricing of CBM gas "in line with the provisions...
24 Apr, 2012, 06.13 PM IST
Fertiliser companies like RCF want to be paid for using RIL gasIn response to the bids called by RIL for the gas it plans to produce from coal seams in Madhya Pradesh, Rashtriya Chemicals and Fertiliser...
11 Mar, 2012, 12.48 PM IST
- RIL seeks USD 13/MMBtu price for CBM
The pricing formula RIL has proposed for CBM is different from the one natural gas from the company's eastern offshore KG-D6 block is price...
07 Mar, 2012, 04.47 PM IST