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ONGC, RIL, BG set to invest Rs 950 cr in Panna oil and gas field

To arrest the declining production from the Panna field, state-run Oil and Natural Gas Corporation and its consortium partners -- Reliance Industries and BG Exploration and Production India -- are......

Oil Min proposes gas price hike to $6.7

Oil Ministry has moved a Cabinet note to raise the price of natural gas produced by state-owned Oil and Natural Gas Corporation and OIL as well as private firms like Reliance Industries to $6.7,......

Ministry of Defence clears RIL gas blocks

In a major relief to Reliance Industries, Defence Ministry has agreed to relax the ‘No-Go’ zones imposed on its producing KG-D6 gas block and discovery block of NEC-25 in Bay of Bengal......

ONGC gets project operator's nod for Kashagan stake buy

State-owned ONGC, which trumped a strong bid by archrival China National Petroleum Corp to bag ConocoPhillips' stake in Kazakhstan's giant Kashagan oilfield, has won project operator Eni's approval......

RIL demands freeing of gas pricing

Reliance Industries on Monday demanded freeing of natural gas pricing saying that the scarce fuel should be priced at the rates which consumers are willing to pay. "The value of a good is......

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