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Premature disclosure of CAG report: RS privileges committee summons Prashant Bhushan

Feb 04, 2016

Premature disclosure of CAG report: RS privileges committee summons Prashant Bhushan

The Privileges Committee of Rajya Sabha has summoned lawyer Prashant Bhushan to appear before it on 10 February in connection with a breach of privilege notice against him for the alleged premature disclosure of a CAG report on allocation of D6 Block in KG Basin. #Prashant Bhushan #NewsTracker #KG-D6 #CAG report #Privileges Committee of Rajya Sabha
Reliance Industries faults Shah panel engagement on gas dispute

Jan 11, 2016

Reliance Industries faults Shah panel engagement on gas dispute

The letter said Reliance Industries does not accept the premise that the government can appoint a committee, or can deal with any issues on the dispute by constituting a panel #Reliance Industries #ONGC #RIL #PSC #KG-D6 block #Shah Panel #consultants DeGolyer and MacNaughton
D&M submits final report on ONGC-RIL gas dispute

Dec 01, 2015

D&M submits final report on ONGC-RIL gas dispute

At gas price of $4.2 per million British thermal unit, the volume of gas belonging to ONGC which RIL has produced comes to $1.7 billion (Rs 11,055 crore). #Business #Reliance Industries #Energy #NewsTracker #ONGC #KG-D6 #oil and gas #Dhirubhai-1 #DM #Dhirubhai-3
Govt fixes maximum marketing margin for natural gas

Nov 18, 2015

Govt fixes maximum marketing margin for natural gas

The new rate would be "fixed on non-discretionary basis," it said, adding the decision is likely to enhance transparency and provide an element of certainty for future investments in gas infrastructure sector. #Reliance Industries #Narendra Modi #ONGC #Wholesale price index #KG-D6 #LPG #Ministry of Petroleum and Natural Gas #Petroleum and Natural Gas Regulatory Board #natural gas price #GAIL India
ONGC has no claims in KG gas row, says Reliance Industries

Oct 16, 2015

ONGC has no claims in KG gas row, says Reliance Industries

RIL believes if all the expenses it had incurred in putting up infrastructure as well as royalties and profit petroleum paid to the government on the share of gas produced is accounted for, ONGC will get nothing. #Business #Reliance Industries #Energy #ONGC #Delhi High Court #KG-D6 #CompanyWatch #Directorate General of Hydrocarbons #oil and gas #Ministry of Petroleum and Natural Gas #DeGolyer and MacNaughton
HSBC Global says PSC has no clause for retrospective penalty, so ONGC won't get much from dispute with RIL

Oct 12, 2015

HSBC Global says PSC has no clause for retrospective penalty, so ONGC won't get much from dispute with RIL

Oil and Natural Gas Corp (ONGC) may not get much compensation even if it is established that natural gas from its idling fields in Bay of Bengal had migrated to adjoining KG-D6 block of Reliance Industries (RIL). #Business #Reliance Industries #NewsTracker #ONGC #KG-D6 #RIL #Oil and Natural Gas Corp #HSBC Global
Reliance Industries seeks freedom to fix gas prices, says talks with govt constructive

Jun 12, 2015

Reliance Industries seeks freedom to fix gas prices, says talks with govt constructive

RIL had won the KG-D6 block in Bay of Bengal under the first round of bidding under New Exploration Licensing Policy (NELP) round in 2000. #Business #Reliance Industries #Energy #Mukesh Ambani #KG-D6 #Natural gas #CompanyWatch #NELP #Gas Pricing
 Reliance Industries to produce 23 mmscmd from gas finds in KG-D6: oil ministry

Jun 02, 2015

Reliance Industries to produce 23 mmscmd from gas finds in KG-D6: oil ministry

The most number of discoveries, 51 are by RIL. These are made up 12 oil discoveries and 39 gas finds. Its KG-DWN-98/3 or KG-D6 block alone has 19 oil and gas finds. #Business #Reliance Industries #Energy #NewsTracker #Oil Ministry #ONGC #KG-D6 #New Exploration Licensing Policy #Gujarat State Petroleum Corp
RIL counters govt assertion on idle power plants, says KG-D6 came later

Mar 26, 2015

RIL counters govt assertion on idle power plants, says KG-D6 came later

Sources said almost all of these plants came up and were financed by lending institutions, based on specific alternative allocations/supply sources much before the KG-D6 block had even acquired a development plan. #Economy #Business #Reliance Industries #LNG #KG-D6 #CompanyWatch #Ministry of Power #APM gas
Stung by low gas pricing, Niko to exit RIL's KG-D6 block

Feb 16, 2015

Stung by low gas pricing, Niko to exit RIL's KG-D6 block

Niko holds 10 percent stake in the KG-D6 block where a total of 20 oil and gas discoveries had been made and three out of them are in production. #Reliance Industries #KG-D6 #BP #Gas Pricing #Niko