Krishna Godavari

Oil Min wants RIL to stop sale of KG-D6 crude to Jamnagar refinery

RIL, which sold MA crude to CPCL during first five years of production on negotiated terms, earlier this year floated a tender for sale of 2.5 million barrels of oil in 2014-15.<br />

Need $6-7.15 gas price to break-even, says ONGC

ONGC said in 2013-14 its cost of gas production, after including return on capital, came to $4.43 per million British thermal unit, higher than the current price of $4.2.

ONGC plans first natural gas block in KG basin by April 2018

ONGC has made 11 oil and gas discoveries in the Block KG-DWN-98/2, which sits next to Reliance Industries' KG-D6 Block and Gujarat State Petroleum Corp's Deendayal gas field.<br />