Reliance close to selling stake in US shale gas JV

Stake valued at $4 billion, against initial expectation of $4.5 billion India’s largest corporate entity, Reliance Industries Ltd (RIL), is set to sell its 45 per cent stake in a shale gas......

RIL looks at third shale gas deal in America

Reliance Industries (RIL) is looking at yet another shale gas acquisition in North America, its third in three months. The transaction is said to be in line with RIL's recent acquisition of a 45......

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......

RIL to buy 45% stake in US co Pioneer

Mukesh Ambani-led Reliance Industries Limited said on Thursday it will acquire 45 per cent stake in US-based Pioneer Natural Resources' shale gas assets in the US for $1.15 billion (around Rs 5,300......