Panna-Mukta basin: SC okays RIL's plea for London arbitration

The Supreme Court today allowed the plea of Reliance Industries Ltd seeking arbitration in London over its dispute with the Centre on the Panna, Mukta and Tapti oil and gas fields. A bench of......

Panna-Mukta oil production comes to a halt

UK's BG Group, Reliance Industries and Oil and Natural Gas Corporation have stopped crude oil production from the Panna-Mukta and Tapti oil and gas fields following a leakage in an under-sea......

RIL, ONGC start production at Panna-Mukta

Reliance Industries, BG Group ofUK and Oil and Natural Gas Corporation have resumed oil and gas production from Panna-Mukta fields off the Mumbai coast after a month long shutdown following an......

Reliance, BG refuse to sign Panna/Mukta gas deal

Reliance Industries and BG Group of the UK have refused to sign contracts for allocating natural gas produced from Panna/Mukta and Tapti fields to GAIL unless the state run marketing agency signs......