RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
KG Basin case: Supreme Court refuses to pause hearing for 'mediation'The three companies wanted a bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi to stop the hearin...
Reliance Industries Q4 Results: Profit falls 13% YoY to Rs 16,971 crore; revenue rises 13%Reliance Industries Q4 Results: Reliance Industries saw its net profit drop 13% year-on-year in the fourth quarter of fiscal 2026. Revenue,...
ONGC seeks higher gas price to develop KG Basin blockThe company is hoping to ready in three months the field development plan for Kutch-GK-28/42 block, which is expected to produce 3 mmscmd a...
ONGC seeks buyers for deep-water field in KG Basin“This is a test case for ONGC. It is a challenge for ONGC to derive a strategy for getting the right price for all future production from d...
Gujarat KG basin issue a "diversionary" ploy of Congress: Arun JaitleyJaitley said the CAG report was being considered by the Public Accounts Committee of the Gujarat Assembly and hence it would be a wrong pre...
ONGC seeks premium gas pricing for block in KG basin where it plans to invest $6 billionONGC has sought premium gas pricing for an undeveloped deep-sea block in the KG basin, where it plans to invest $6 billion.
Andhra Pradesh to seek share in oil, gas revenue from KG basinThe Andhra Pradesh government today decided to seek a share in the revenue from the oil and natural gas produced in the KG basin.
ONGC awards 100 million euro contract to French firm TechnipThe Vashistha and S1 fields are located 30-35 km off the Amalapuram coast in the KG Basin, off the East Coast at water depths of 250 to 700...
- Cairn JV to invest $100 million to drill deeper well in KG basin
Cairn India and its JV partners of Ravva fields are planning to invest about $100 mn to drill a deeper well in the KG basin.
- Government seeks SC clarity on RIL-KG basin verdict
The Supreme Court in 2010 had ruled in favour of Mukesh Ambani's Reliance Industries Ltd (RIL) denying Anil Ambani's RNRL a share in KG Bas...
- PAC to examine CAG reports on KG Basin, Air India
Parliament's Public Accounts Committee today decided to take up for examination the government auditor's reports on KG basin and the perfor...
- CAG report on KG basin shows big business-policymakers nexus:CPI(M)
CPI(M) today said CAG report on production sharing contracts with Reliance Industries has "again exposed the nexus" between policy-makers a...
- CPM attacks UPA govt over CAG findings on KG basin contracts
The draft CAG report on the production sharing contracts of the KG Basin gas pointed to collusion between the government and Reliance Indus...
- RIL, ONGC set to get more time for KG basin fields
Reliance Industries (RIL) and ONGC are likely to get getting additional time for completing their oil and gas exploration programme in thei...
- GSPC likely to postpone IPO as merchant bankers advise caution
The government of Gujarat-promoted Gujarat State Petroleum Corporation (GSPC) may put off its much hyped plans to raise Rs 3,000 crore from...
- KG Basin price tangle
KG Basin price tangle leaves gas users & producers in a fix.Despite the millions of dollars spent on exploration, there have been no big di...