RIL, BP get nod to acquire Niko’s 10% stake in gas blockGas discoveries in North-East Coast block NEC-0SN-97/1 (NEC-25) hold recoverable reserves of 1.032 trillion cubic feet.
RIL, BP to acquire Niko's 10% stake in gas blockRIL is the operator of the block with 60 per cent interest while BP of the UK has the remaining 30 per cent stake.
Cash-starved Niko to give stake in NEC-25 gas block to RIL, BP"The company elected to withdraw from the NEC-25 block and relinquish its interest to the remaining interest holders," Niko said.
RIL successfully tests presence of natural gas in contentious discoveriesRIL last week completed Drill Stem Test (DST) on the Dhirubhai-29 (D-29) gas discovery that established presence of hydrocarbon, sources sa...
- Faulty planning hits DoNer projects in Arunachal: Comptroller and Auditor General
Out of 49 projects sanctioned by the ministry to the state (for the period 2008 ? 2013), only 11 were completed, CAG pointed out in its rec...
DGH refuses to approve RIL's $3.5 billion plan for NEC-25DGH has refused to approve Reliance Industries' USD 3.5 billion plan for developing gas discoveries in block NEC-25, off the Odisha coast.
CCI clears RIL's block for oil, gas productionCCI on Wednesday cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-25.
Defence Ministry clears oil blocks of RIL, othersRIL's KG-D6 was fully cleared for oil and gas activity with the total area of 7,645 square kilometre reduced by 495 sq km to meet defence n...
Defence Ministry classifies RIL's KG-D6 block as "No-Go" areaRIL-BP's KG-DWN-98/3 or KG-D6 block has been declared as "No-Go" as it overlaps with a proposed Naval base.
- BP seeks clarity on natural gas pricing
BP and Reliance Industries have gas discoveries totalling around 5 trillion cubic feet in the now flagging KG-D6 block and NEC-25 block in ...
- DGH rejects commerciality of RIL gas finds
DGH has refused to recognise two significant natural gas discoveries that Reliance Industries had made in a Mahanadi basin block.
- Only 21 Reliance Industries' blocks may get unconditional nod for stake sale
More than four months after UK's BP agreed to buy stake in 23 oil and gas blocks of RIL, the Govt may next week give approval for stake sal...
- NEC, Lenovo finalize joint venture and launch NEC Lenovo Japan Group
The group will leverage the complementary strengths and expertise of NEC and Lenovo to provide greater value to users and partners in Japan.
- RIL discovers gas in Mahanadi basin block
Reliance Industries has found natural gas reserves in a well drilled on its NEC-25 block in Mahanadi basin, off the Orissa coast, the compa...
- RIL has another gas bounty waiting
Mukesh Ambani has more reason for cheer. After the 11.3 trillion cubic feet (tcf) gas discovery in the Krishna-Godavari basin, which is Ind...
- RIL has supply deals with NTPC
Niko Resources has revised its estimate of the gas reserves in D6 block in KG basin by 197% to 35.4 trillion cubic feet from 11.9 trillion ...
- Reliance gas reserves double to 34.5 tcf
Natural gas reserves in Reliance Industries' prolific D6 block off the east coast have nearly doubled to 35.4 trillion cubic feet, making i...