Krishna Godavari Basin

Reliance Industries-BP announce sanctioning of second project to develop satellite gas fields in KG-D6 block

Reliance Industries and its partner BP plc on Thursday announced sanctioning of a second project to develop satellite gas fields in the KG-D6 block

ONGC, Reliance Industries in talks with buyers to sell natural gas from fields in Bay of Bengal

ONGC and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in Bay of Bengal

RIL-BP's Rs 40,000-cr investment plan in KG-D6 approved for developing three sets of natural gas discoveries

The finds will add around 20 million standard cubic meters per day (mmscmd) of peak production, according to BP.

India Gas Solutions signs MoU with Andhra Pradesh to create marketing infra for natural gas

The joint venture is now actively marketing natural gas produced from eastern offshore KG-D6 block on behalf of both RIL and BP

Reliance Industries, BP to submit revised investment plan for KG-D6 gas finds

Senior executives in the joint venture said four deepsea satellite gas discoveries -- D—2, 6, 19 and 22 are planned to be developed together with D29 and D30 finds in the Krishna Godavari basin of KG-D6 block.

Reliance Industries, BP withdraw international arbitration over gas price against govt

RIL and BP had in May 2014 filed an international arbitration after the Election Commission forced deferment of implementation of a new pricing formula the previous UPA government had approved for pricing of RIL-BP's eastern offshore KG-D6 and other gas.

ONGC Q2 net profit dips 11% on sharp fall in global oil prices

Net profit in the July-September quarter at Rs 4,842.02 crore was 11 percent lower than Rs 5,444.89 crore clocked in the same period of last fiscal, the firm said in a statement.

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.

ONGC claims to have drilled deepest oil well in KG basin

State-owned Oil and Natural Gas Corp (ONGC) today said it has drilled the deepest well in search for oil and gas in the Krishna Godavari basin.

Why RIL ended at a 52-week low today

Reliance Industries revised downward its assessment of its proved natural gas reserves by 6.7% and its proved developed reserves by 36.2%.<br /><br />