The government on Saturday declared the ongoing corporate dispute between the Ambani brothers over Andhra offshore gas will not impact India’s acreage auctions, even as the petroleum ministry kicked off the series of roadshows to hawk 70 concessions with the aim of attracting $3 billion investments for exploration. Simultaneously, the government is also offering 10 [...]
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
The Supreme Court has turned down Reliance Natural Resources’ plea to reject the government’s petition seeking to Reliance Industries’ KG-D6 facility RIL’s first crude from KG basin Decade’s hottest biz feuds become an independent party in the Krishna Godavari gas dispute. For full story, click here
Industrialist Anil Ambani’s energy firm, locked in a legal battle with his elder brother Mukesh Ambani’s Reliance Industries Ltd over supply of natural gas from the Krishna-Godavari basin, Tuesday told the latter that the government had no role to play in the dispute. For full story, click here
North Dakota’s Supreme Court declared an energy company did not shortchange a group of more than 300 landowners on their natural gas royalty payments. For full story, click here
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 has intervened in the Ambani brothers’ fight over Reliance Industries Krishna Godavari basin gas will not just to save the gas utilisation policy, but to protect its revenues as well. For full story, click here
China and Japan appear headed for a showdown over natural gas exploration and drilling in the East China Sea. For full story, click here
In an unusual development, the government has withdrawn the affidavit, it had filed in the Bombay High Court, arguing that Reliance Industries (RIL) cannot sell Krishna-Godavari basin gas at a price less than $4.20 per million metric British thermal units (mmBtu). For full story, click here
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