Directorate General Of Hydrocarbons

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.

ONGC submits draft field development plan for KG discoveries

ONGC has divided 12 oil and gas discoveries in KG-D5 and gas discovery in an adjacent G-4 block in the Bay of Bengal into three clusters to quickly bring them to production.

Centre notifies new gas pricing formula, doubles rate to $8.4

Barclays Equity Research estimates the price will be $8.3 per million British thermal unit in 2014-15 as against the current rate of $4.2.

Cabinet may allow Coal India to produce gas from coal seams

CBM exploration and production is allowed only in pure coal-seam gas bearing blocks which are auctioned.

Oil Ministry moves Cabinet to deny RIL higher gas price

Oil Ministry is moving Cabinet to deny Reliance Industries a higher price of gas produced from its main fields in the eastern offshore KG-D6 block.

DGH to fine RIL $781 mn more for gas shortfall, rejects FinMin's pricing idea

Oil regulator DGH has recommended an additional penalty of USD 781 million on Reliance Industries, taking the total fine on the company for producing less than projected natural gas from KG-D6 fields to USD 1.786 billion.

Talukdar to take over as DGH on Thursday

Talukdar, 59, was selected by a government search panel in August last year and it took more than six months for his appointment to be confirmed.

Consulted RIL before finalising draft KG-D6 report, says CAG