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R SERIES OILFIELD
Reliance, BP to get government capped price of USD 4.06 for new gas from KG-D6If Brent crude oil stays in the current range of USD 50 to 51 a barrel, the price comes to USD 4.2 to 4.4 per million British thermal unit,...- Reliance Industries says on track to produce gas from newer fields by mid-2020Reliance has so far made 19 gas discoveries in the KG-D6 block. Of these, D-1 and D-3 -- the largest among the lot -- were brought into pro...
- Reliance commits to pay for any gas supply shortfallIt provides for the buyer procuring the replacement quantity on a competitive price and provides the sellers detailed documentary evidence ...
- BP, Reliance investing $5 billion in KG-D6 to produce 1 bcf of gasAccording to Looney, India is expected to overtake China as the largest growth market for energy in the mid-2020s
- RIL to start gas production from R-Cluster in 2nd half of FY21Reliance and its partner BP Plc of UK had in June 2017 announced an investment of Rs 40,000 crore in the three sets of discoveries to rever...
- RIL award R-Series gas field contract to McDermottR-Series is one of the three sets of discoveries in the eastern offshore KG-D6 block that RIL and its partner BP plc of UK are working to b...
- GE's gas arm hopes to grab 20 per cent more orders in IndiaGE recently completed its acquisition of Baker Hughes, merging it with its own oil and gas equipment and services to create the second-larg...
- ONGC to begin oil production from Ratna R-Series field in 2019The Ratna and R-series oil fields hold an estimated 87 million barrels of oil and 1.2 billion cubic metres of gas reserves.
- RIL-BP to triple gas output from KG-D6 by 2021-22KG-D6 block, which produced an average of 11.5 million standard cubic meters per day of gas in January-March quarter, will see output rise ...
- Reliance Industries to defer investment in developing new fields, says partner Niko ResourcesRIL will defer investments in developing newer fields like R-Cluster in KG-D6 block if government does not hike gas prices to make them eco...
- Reliance Industries to defer investments in developing newer fields like R-Cluster in KG-D6RIL's Dhirubhai-34, or R-Cluster field, in the flagging KG-D6 block was to produce about 13 million standard cubic metres per day of gas.
- Uncertainty over natural gas prices, fatte of RIL discoveries among key issues officials will highlightIn addition to the presentations that will be made to the new minister, officials have also prepared a note for the Cabinet secretary, who ...
- Oil ministry plans to take 19 crucial policy decisions by FebruaryOil ministry plans to take 19 crucial policy decisions, which include seeking bank guarantees from RIL for a sharp fall in gas output.
- Oil minister Veerappa Moily slams bureaucrats for favouring termination of Essar contractIn an unusually stern note, Moily admonished bureaucrats for damaging investor sentiment, risking the credibility of the ministry, which is...
- Finance Ministry questions secretary panel deciding fate of Essar oilfieldsThe Finance Ministry has questioned a move to ask a panel of secretaries to decide on the fate of award of Ratna and R-Series oilfields to ...
- RIL to invest $3.18 billion in R-Series gas fieldRIL and its partners BP plc of UK and Niko Resources, plan to produce 13-15 million standard cubic meters per day of gas for 13 years from ...
- Reliance Industries, BP submit revised field development planWith KG-D6 output hitting an all- time low, Reliance Industries and its British partner BP plc have submitted to the government a revised f...
- Essar Energy hopes to double revenue in FY12Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- Bureaucratic apathy holds up any possible increase in oil & gas productionState-run oil cos appear caught between regulatory mire, while rising price of crude & fuel price revisions threaten to render them bankrup...
- Essar-led consortium likely to bag Ratna, R-series oilfieldsThe government is all set to award the Ratna and R-series oilfields to a consortium led by Essar after a delay of around 11 years on origin...
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