RIL refuses OilMin order to swap KG-D6 gas with Andhra firm

Reliance Industries has refused to follow Oil Ministry order to swap its KG-D6 gas with a Andhra city gas firm saying "trading" in scarce natural resource was not permissible under Gas Utilization......

Reliance calls govt move on KG-D6 cost-recovery illegal

As the Oil Ministry readies to take action against Reliance Industries for the fall in output from the KG-D6 gas fields, the Mukesh Ambani-led firm has warned that any attempt to limit......

Why govt is demanding $2.81 bn from RIL, BP

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that......

India opens biggest oil, gas block bid round; 25 blocks on offer

India on Tuesday opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers mostly in offshore area, as the government looks to boost domestic production to......