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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. #Business #Economy #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
RIL challenges oil ministry's decision to take away 5 gas finds

Feb 11, 2015

RIL challenges oil ministry's decision to take away 5 gas finds

RIL has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries. #Oil Ministry #DGH #KG-D6 #RIL #Krishna Godavari Basin #gas discovery #arbitration notice
Domestic crude oil production falls 1.4% in December

Jan 21, 2015

Domestic crude oil production falls 1.4% in December

Crude oil production at 3.21 million tons in December 2014 was 1.4 percent lower than 3.25 million tons in the same month a year ago, according to latest data released by petroleum ministry in New Delhi today. #Business #Economy #Reliance Industries #crude oil #NewsTracker #KG-D6 #Cairn India
RIL profits to bounce back once expansion project is completed: Analysts

Jan 19, 2015

RIL profits to bounce back once expansion project is completed: Analysts

RIL which reported its first decline in quarterly net profit in over two years, is likely to see upside when its $16 billion expansion projects are completed and telecom venture is rolled out, analysts said. #telecom #Goldman Sachs #Citigroup #TheySaidIt #KG-D6 #Nomura #HSBC #RIL #UBS #4G #refinery #ICICI Securities #Reliance Jio #Bernstein Research #expansion plans #petchem