Upstream regulator the Directorate General of Hydrocarbons (DGH) has suggested $1.235 billion investment of Reliance Industries (RIL) being disallowed over the Mukesh Ambani-run firm’s failure to adhere to prestated drilling and gas production targets, but the ...

Oil Minister S Jaipal Reddy has said upstream regulator DGH was right in asking Reliance Industries (RIL) to drill more wells on the eastern offshore KG-D6 fields where natural gas output was fallen due to sub-surface ...

The Oil Ministry representative on the panel that oversees operations in Reliance Industries’ (RIL’s) KG-D6 block has not approved almost half the gas finds the company has made, even though over years have lapsed since they ...

Reliance Industries (RIL) has strongly defended its decision to impose a marketing margin over-and-above the government-approved sale price for KG-D6 gas, saying the levy was to cover for the risk and cost associated with marketing of ...

Reopening the issue of the marketing margin charged by Reliance Industries on KG-D6 gas sales, oil regulator DGH has asked the Mukesh Ambani-led firm to share a part of these earnings with the government. The Directorate General ...

The Central Bureau of Investigation (CBI) is likely to register a case against former Director General of Hydrocarbons VK Sibal for allegedly favouring a US firm in carrying out speculative seismic exploration during his tenure. CBI ...

Ignoring Reliance Industries’ plea for seeking advice of global experts on reservoir issues faced at its KG-D6 fields, oil ministry and its technical arm DGH have ordered the Mukesh Ambani firm to drill two wells by ...

Reliance Industries (RIL) wants a hike in the price of natural gas to resume drilling in the KG-D6 fields, which have seen a sharp drop in output due to drilling of less wells than committed, investment ...

The upstream regulator DGH and Reliance Industries exchanged barbs over fall in production at India’s largest gas field with the two sides differing on the issue of drilling more wells to solve the problem. The Directorate General ...

The government is considering a penalty for Reliance Industries for falling short of targeted gas production at its D6 block, an oil ministry source said. Â The gas from the block is sold to buyers prioritised by the ...