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  • Business

Reliance working on CBM pricing

 Mukesh Ambani's Reliance Industries Ltd is working on a pricing formula for coal bed methane from three blocks in Sohagpur (east and west) and Sonhat in Madhya Pradesh, prior to asking government......

Oil regulator rejects RIL's gas price

 In a sudden U-turn, upstream oil regulator Directorate General of Hydrocarbons has rejected the price Reliance Industries had proposed for CBM gas saying the process followed was not in conformity......

RIL's KG-D6 price hike: Min withdraws opposing note

 The Oil Ministry has withdrawn a note it had circulated to the members of a ministerial panel opposing hike in price of gas produced by Reliance Industries, as the Rangarajan Committee is examining......

OilMin wants RIL, Essar pricing plan scrutinised

 Oil Minister S Jaipal Reddy has written to Prime Minister Manmohan Singh seeking formation of a committee of secretaries to scrutinise the coal-bed methane, or CBM pricing proposals of Reliance......

Essar to bid for gas blocks in Indonesia

 London Stock Exchange-listed Essar Energy Plc plans to bid for coal-bed methane (CBM) and shale gas blocks in Indonesia next month. The company will also bid for similar assets in China at the end......

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