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GODAVARI PML
Big setback for Reliance, win for govt in appeal accusing Ambani's co of 'fraud, unjust enrichment of over $1.729 bn' for siphoning gasThe Delhi High Court sided with the Indian government, accusing Reliance Industries Ltd and its foreign partners of unjust enrichment and f...- HC seeks response from Reliance on govt appeal accusing co of committing 'fraud, unjust enrichment of over $1.729 billion'The Delhi High Court has asked for a response from Reliance Industries and others regarding the government's appeal accusing the conglomera...
- Delhi HC dismisses govt appeal accusing Reliance of 'fraud, unjust enrichment of over $1.729 billion' for siphoning gasThe Delhi High Court dismissed the Indian government's petition that accused Reliance Industries and its partners of "insidious fraud" and ...
- ONGC to invest Rs 2,150 cr on drilling 53 exploratory wells in Andhra PradeshAccording to ONGC, it proposes to carry out the onshore exploration of 50 wells during 2021-'28 in Godavari on-land PML block of KG basin i...
- ONGC gets green nod for exploratory drilling in KG basinONGC's exploratory efforts so far have led to the discovery of 65 small-to-medium sized hydrocarbon fields with about 356 million tonnes of...
- Arbitration on compensation demand in RIL-ONGC row startsThe panel, headed by Singapore-based arbitrator Prof Lawrence Boo, had its first hearing on March 3 where the timetable was drawn, sources ...
- Singapore-based arbitrator to preside over RIL-ONGC disputeProf Lawrence Boo has been named as the presiding judge of a three- member arbitration panel that will go into the validity of govt's deman...
- G S Singhvi named arbitrator for $1.5-billion ONGC-RIL disputeThe oil ministry had on November 3 issued a notice to RIL, Niko and UK's BP Plc seeking $1.47 billion for producing in the seven years ende...
- Government to seek legal view on joining Reliance Industries arbitrationRIL and its partners BP Plc of the UK and Canada's Niko Resources had on November 11 brought an arbitration notice against the government, ...
- Reliance Industries slaps arbitration notice on government over $1.55 bn demand: Dharmendra PradhanAfter deducting USD 71.71 million royalty paid on the gas produced and adding an interest at the rate of Libor plus 2 per cent, totalling U...
- Government seeks $1.55 billion from Reliance Industries for drawing ONGC's gas in KG basinProbes found that 11.125 bcm of gas migrated during the 6 years to March 31, 2015, from ONGC's two blocks in KG basin to the one operated b...
- ONGC board vertically split on claiming gas compensationWhile ONGC had in May 2014 not hesitated from filing a case against RIL in the Delhi High Court and making the government a party to it, it...
- AP Shah panel submits report on compensation from RIL to ONGCIt was also asked to report any "acts of omission and commission" on part of all the stakeholders including RIL, ONGC.
- Shah panel to submit report on ONGC-RIL gas dispute by Aug 31"Terms of References (TORs) to the committee includes looking into the issue of gas migration and give its recommendations in this regard,"...
- RIL, ONGC gas dispute: Shah panel tenure extended to July endThe committee has been asked to submit by July 31 its report on "acts of omission and commission" as well as compensation to ONGC, an oil m...
- UK's BP questions Shah panel's terms of referenceThe panel was set up to look into acts of omission and commission and recommend compensation to ONGC whose natural gas from KG block had fl...
- Will protect ONGC's interest in Bay of Bengal gas row: Dharmendra PradhanPradhan said a committee under Law Commission Chairman A P Shah has been constituted to look into acts of omission and commission.
- Independent directors forced ONGC's hand on gas row with RILThe then Oil Minister M Veerappa Moily, however, had not taken kindly to ONGC making the government a party, calling it "signs of systemic ...
- About 11.12 bcm gas of ONGC shifted to RIL's KG-D6: D&MD&M is of the opinion that there exists one big gas resource several metres below sea bed which extends from Godavari PML and KG-D5 to KG-D...
- DGH backs ONGC demand for appointing expert in KG basin issueThe Directorate General of Hydrocarbon has asked RIL to share data on the gas reservoir on its side of the block as well as production flow...
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