Brazilian state-run energy giant Petroleo Brasileiro SA notified the country’s National Petroleum Agency late Friday that a wildcat well in the Santos Basin tested positive for oil. For full story, click here
Left parties’ parliamentarians asked the government to take over the marketing and distribution of the gas produced by the Mukesh Ambani-led Reliance Industries from the Krishna-Godavari basin. For full story, click here
The Supreme Court declared that it will give a date on September 1 to expedite the decision pertaining to the Krishna-Godavari basin gas dispute between Mukesh Ambani’s Reliance Industries and Anil’s Ambani’s Reliance Natural Resources. For full story, click here
With each passing day more and more clarity is emerging within the government that it should reserve all rights when it comes to natural resources. For full story, click here
The first proposed natural gas prospecting application to directly impact the domain of the Delaware River Basin Commission got a lengthy airing at a well-attended public hearing. For full story, click here
While the Krishna-Godavari basin located in Andhra Pradesh got a special mention in the Union Budget 2009, the State may actually stand to lose even as the Central Government proposes to set up a National Gas Grid to facilitate transportation of gas from the basin to various power and fertilizer units across the country. For [...]
The dispute between the Ambani brothers is headed to the Supreme Court, with Mukesh Ambani’s Reliance Industries planning to challenge the Bombay High Court’s order asking it to sell natural gas at a sharply reduced price from its Krishna Godavari basin to Reliance Natural Resources (RNRL), a company owned by his younger brother, Anil. For [...]
The government today declared Reliance Industries will have to pay royalty on natural gas it is producing from KG basin fields as per the Production Sharing Contract has signed with it. For full story, click here
The Arctic Wolf drilling rig left Fairbanks in a slow caravan of tractor-trailers on Tuesday morning, destined for natural gas exploration work in the Nenana Basin. For full story, click here
Reliance Industries has signed gas sale agreements with steel makers including Essar Steel and Ispat Industries for supplying 3.75 mmcmd of natural gas from its offshore Krishna Godavari-D6 basin. For full story, click here
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