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Reliance sells last of its US shale gas assets

Reliance Industries Ltd has exited the last of its shale gas assets in the US after it agreed to sell its holding in Eagleford shale gas assets for an undisclosed sum of money. IMAGE: Kindly note......

Reliance sells stake in US shale gas assets for $250m

Billionaire Mukesh Ambani's Reliance Industries Ltd has sold its stake in the shale gas asset in the US to Northern Oil and Gas Inc for USD 250 million, the firm said on Thursday. IMAGE: Kindly......

Why shale holdings of RIL, GAIL are under pressure

American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative. The falling demand of crude oil in the US market will......

RIL's midas touch is missing in overseas oil & gas assets

The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio......

India Inc staring at huge losses from overseas arms

Companies write off investments, shed assets as initial projections go haywire Many Indian companies are staring at huge losses on their mega investments abroad, prompting quite a few to write off......

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