Niko exits KGD6 after settlement of $36 m with RIL, BPNiko had invoked arbitration after Reliance and BP asked the Canadian oil and natural gas company to exit the KGD6 block as it had defaulte...
Reliance Industries permanently shuts down MA oil field in KG-D6 blockRIL said the Dhirubhai-26 (D26) oil, gas and condensate deep-water discovery was made in 2006. The discovery was developed and put on produ...
RIL, BP sanction satellite gas field development in KG-D6The two companies on Thursday announced the sanctioning of the ‘Satellite Cluster’, the second of three projects in the KG D6 block integra...
Reliance Industries may shut KG Block’s MA FieldMA is one of the three fields currently producing in RIL-BP's KG block and the only one that produces both oil and gas. D1 and D2 are the o...
Report on ONGC-RIL gas row expected by June: Dharmendra PradhanThe state-owned firm feels gas discoveries in its nomination block G4 and Block KGDWN-98/2 (KG-D5) extends into RIL’s KG-DWN-98/3 or KGD6 b...
Government likely to allow doubling of KG-D6 gas priceGovernment is likely to allow doubling of price of gas from its KG-D6 block provided the company gives bank guarantees that can be encashed.
EGoM on gas utilization to meet on August 14The oil ministry plans to squeeze some gas from non-priority consumers for the power units, which will be enough to generate 240-480 mw ele...
RIL gains as Defence Ministry clears KG-D6 oil blocksThe RIL's KG-D6 block was fully cleared for oil and gas activity with the total area of 7,645 square kilometre reduced by 495 sq km to meet...
Reliance Industries has agreed to CAG audit: Oil MinistryReliance Industries has agreed to audit by the Comptroller and Auditor General of India (CAG) of its spending in KG-D6 gas block, the Rajya...
CLSA expects RIL to double profits by 2016CLSA expects RIL to double profits by 2016, as it expects speedy govt approvals leading to reserve upgrades, rise in production and higher ...
Reliance Industries Limited may ask government for investment refundReliance Industries may ask the government for a refund of its investment if it is forced to give up any part of the prolific KG-D6 block.
- Meeting of oversight panel on RIL's KG-D6 block postponed
A meeting of an oversight panel to vet Reliance Industries' USD 1.529 billion investment plan for development of satellite fields in the KG...
- Government wants fresh estimate of RIL's KG-D 6 reserves
The oil ministry has asked Reliance Industries (RIL) to prepare a fresh estimate of gas reserves in satellite fields of the KG-D 6 block.
- Reliance Industries for arbitration on Oilmin's D6 spend cap
'RIL is concerned about the economics of the field as its shareholders expect good returns from the risk capital deployed in the block.'
- Reliance Industries' proposal to develop satellite fields hits hurdle
Reliance Industries' over USD 3 billion proposal to develop satellite fields to offset fall in gas output from KG-D6 block today hit a hurd...
- Reliance Industries completes $7.2 bn deal with BP
RIL on Tuesday announced completion of its 30% stake sale in 21 oil, gas blocks, including the KG-D6, to BP Plc for over USD 7 billion.
- RIL to achieve peak output in KG-D6 block in one year
Currently, natural gas production from the KG-D6 block is stagnant at about 60 mmscmd since January this year.