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
Continue reading "SC has admitted Govt. Plea on KG Gas Dispute"
Monday, July 20, 2009
The CPI has welcomed in the Rajya Sabha the government’s stand that an important resource like natural gas from the KG Basin cannot become a subject of private disputes. For full story, click here
Continue reading "KG Gas row figures in Rajya Sabha"
Thursday, July 2, 2009
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
Continue reading "RIL declared to pay royalty on KG Basin"
Thursday, May 28, 2009
After D6 in Krishna Godavari basin, Reliance Industries declared that it has struck big in two nearby blocks with estimates putting in place natural gas reserves at 20 trillion cubic feet. For full story, click here
Continue reading "RIL has striked two more gas reserves in KG Basin"
Wednesday, April 29, 2009
The steel industry will be accorded priority in allocation of natural gas from Reliance Industries’ Krishna Godavari basin once fuel output exceeds 40 mmscmd. For full story, click here
Continue reading "KG Basin Gas allocations will boost steel output"
Tuesday, April 28, 2009
The government announced that it has planned to allot natural gas from Reliance Industries’s Krishna Godavari basin to steel companies affected by the shortage of the commodity. For full story, click here
Continue reading "Steel Companies to get a share of KG Gas"
Friday, March 13, 2009
Reliance Industries announced that it will start pumping natural gas from its deep-sea block early next year, putting India’s most valuable firm on track to earn a quarter of its profit from oil and gas production. Chairman Mukesh Ambani said: Its impact on the fortunes of India and Reliance will be enormous, contributing to foreign [...]
Continue reading "Natural gas pumping from KG Basin to lift Reliance Profit"
Friday, January 23, 2009
The government is likely to gain Rs 16,000 crore from the sale of gas from Reliance Industries’ Krishna Godavari basin at $4.20 per mmbtu (unit of natural gas) and not lose Rs 30,000 crore, as suggested by Reliance Natural Resources (RNRL), argued RIL’s counsel before the Bombay High court on Thursday. For full story, click [...]
Continue reading "Govt to gain Rs 16,000 cr from KG gas sale: RIL"
Sunday, December 21, 2008
Reliance Industries (RIL) is expected to produce natural gas from its Krishna-Godavari (KG) basin by February next year, said an official in the petroleum ministry, who didn’t wish to be named. For full story, click here
Continue reading "RIL may begin production at KG basin by Feb 2009"
Tuesday, August 12, 2008
India based Oil and Natural Gas Corporation has received approval from government to partner Petrobras of Brazil and Statoil Hydro of Norway in the gas rich KG-DWN-98/2 block. For more information, click here For more information on ONGC, click here
Continue reading "ONGC gets approval to include Petrobras, Statoil in KG project"
The Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GasInvestingNews.com maintains a focus on Gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on gas trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, July 28, 2009