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
Continue reading "RNRL has told RIL to keep Govt. Out of Gas Sharing Row"
Tuesday, June 16, 2009
The Bombay High Court has asked Reliance to sell gas at a sharply reduced price to an Anil Ambani group firm, Decade’s hottest biz feuds Tycoons with a golden heart may-challenge-decision Mukesh’s street on plushest list causing some uncertainty in India’s nascent natural gas industry, and delivering a sharp blow to the valuations of RIL, [...]
Continue reading "RNRL will get Natural Gas at $2.34"
Monday, February 2, 2009
Reliance Natural Resource filed “chamber summons” to cross examine the under secretary in the petroleum ministry in the Bombay High Court. For full story, click here
Continue reading "RNRL files ‘chamber summons’"
Friday, January 2, 2009
Anil Ambani’s Reliance Natural Resources (RNRL) has strongly criticised the government for fixing the selling price of gas from Reliance Industries’ (RIL) Krishna Godavari (KG) basin at $4.2 per million metric British thermal unit (mmbtu). For full story, click here
Continue reading "RNRL criticises govt for fixing RIL’s KG gas price"
Wednesday, December 17, 2008
In an unusual development, the government has withdrawn the affidavit, it had filed in the Bombay High Court, arguing that Reliance Industries (RIL) cannot sell Krishna-Godavari basin gas at a price less than $4.20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
Continue reading "Govt withdraws affidavit in RIL-RNRL gas dispute case"
Wednesday, December 3, 2008
Reliance Natural Resource filed “chamber summons” to cross examine the under secretary in the petroleum ministry in the Bombay High Court. For full story, click here
Continue reading "RNRL files ‘chamber summons’ to cross examine petromin under secy"
Friday, November 14, 2008
Mukesh Ambani-led Reliance Industries (RIL) cannot sell to anybody at a price less than $4.20 per British Thermal Units without its approving the pricing formula, the government informed the Bombay HC. For full story, click here For RIL’s website, click here
Continue reading "RIL-RNRL dispute: Govt says it will finalise gas price"
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Wednesday, July 15, 2009