krishna godavari basin

Gas allocation not possible for power projects, says minister


August 13th, 2012 - 9:31 pm ICT by IANS
New Delhi, Aug 13 (IANS) Allocation of more gas to any power project, including of Gujarat, may currently not be possible in view of declining domestic gas production, Minister of ... Read more...

Posted in Business |

Gas production from RIL’s KG-D6 block declines


August 9th, 2012 - 8:28 pm ICT by IANS
New Delhi, Aug 9 (IANS) Gas production in the Krishna-Godavari basin KG D6 block, operated by Reliance Industries, has declined in 2011-12 and the estimate of gas reserves has been ... Read more...

Posted in Business |

Congress attacks BJP over CAG report indicting Modi government


March 30th, 2012 - 9:01 pm ICT by IANS
New Delhi, March 30 (IANS) With a Comptroller and Auditor General of India report alleging financial irregularities worth thousands of crores of rupees by the Narendra Modi government in ... Read more...

Posted in Politics |

Gas policy reforms will incentivise production, draw investors: PM


March 23rd, 2012 - 3:31 pm ICT by IANS
New Delhi, March 23 (IANS) The government is looking at reforming its gas pricing policy to attract investors, Prime Minister Manmohan Singh said Friday, adding that remunerative prices were ... Read more...

Posted in Business |

BP expects Krishna Godavari gas output to rise


September 28th, 2011 - 4:46 pm ICT by IANS
New Delhi, Sep 28 (IANS) Global energy major - and Reliance Industries (RIL) partner - BP Wednesday said it expects gas output from the Krishna Godavari basin to rise in ... Read more...

Posted in Business |

RIL denies wrong-doing in production sharing contract (Lead)


September 8th, 2011 - 8:20 pm ICT by IANS
Mumbai, Sep 8 (IANS) Mukesh Ambani-led Reliance Industries (RIL) Thursday denied any wrong-doing in the production sharing contract with the government related to the Krishna Godavari basin and said it ... Read more...

Posted in Business |

Reliance Industries violated gas contract: Auditor


September 8th, 2011 - 5:09 pm ICT by IANS
New Delhi, Sep 8 (IANS) Mukesh Ambani-led Reliance Industries violated the agreement to share gas produced in the Krishna-Godavari basin and failed to part with the government's due share ... Read more...

Posted in Business |

‘Premature’ plea against RIL’s exploration licence rejected (Lead)


September 5th, 2011 - 9:42 pm ICT by IANS
New Delhi, Sep 5 (IANS) Terming it a "premature petition", the Delhi High Court Monday disposed off a plea seeking cancellation of a licence granted to Mukesh Ambani's Reliance Industries ... Read more...

Posted in Business |

State run firms become largest in terms of market capitalisation


August 19th, 2011 - 4:36 pm ICT by IANS
Mumbai, Aug 19 (IANS) State-run companies Coal India and ONGC Friday became the most valuable companies by market capitalisation, with the public-owned oil and gas major pushing Mukesh Ambani-led Reliance ... Read more...

Posted in Business |

Coal India topples RIL as most valuable firm


August 18th, 2011 - 5:51 pm ICT by IANS
Mumbai, Aug 18 (IANS) State-run miner Coal India has become the most valuable company in terms of market capitalisation, toppling Mukesh Ambani-led Reliance Industries (RIL).According to data available with the ... Read more...

Posted in Business |

Reliance gets approval for $7.2 billion BP deal


August 9th, 2011 - 2:50 pm ICT by IANS
New Delhi, Aug 9 (IANS) Reliance Industries Ltd (RIL) Tuesday said it had received the government's approval for a $7.2 billion deal with global energy major BP, which will see ... Read more...

Posted in Business |

Defence ministry objects to gas project in Andhra


August 8th, 2011 - 11:54 pm ICT by IANS
New Delhi, Aug 8 (IANS) The defence ministry has objected to a gas project in the Krishna-Godavari basin of Andhra Pradesh, as it comes under a missile test range, Defence ... Read more...

Posted in Business |

KG basin gas output 31 percent lower


August 2nd, 2011 - 8:59 pm ICT by IANS
New Delhi, Aug 2 (IANS) The government Tuesday said the average gas production in the Reliance Industries-operated oil and gas blocks in the Krishna Godavari basin during April-June was 31 ... Read more...

Posted in Business |

ONGC’s Rs.24 bn Assam project on fast track


July 23rd, 2011 - 4:16 pm ICT by IANS
Agartala, July 23 (IANS) The state-owned Oil and Natural Gas Corp (ONGC) Saturday said it had intensified efforts to implement the ambitious Rs.2,400 crore to replace and revamp ageing installations ... Read more...

Posted in Business |

PM, Sonia discuss cabinet reshuffle (Lead, Superseding earlier story)


June 21st, 2011 - 8:20 pm ICT by IANS
New Delhi, June 21 (IANS) Prime Minister Manmohan Singh and Congress president Sonia Gandhi held discussions for two hours here on issues including a possible cabinet reshuffle next month, ... Read more...

Posted in Politics |

PM, Sonia discuss cabinet reshuffle


June 21st, 2011 - 8:01 pm ICT by IANS
New Delhi, June 21 (IANS) Prime Minister Manmohan Singh and Congress president Sonia Gandhi held discussions for two hours here Tuesday, a party leader said, adding that issues related ... Read more...

Posted in Uncategorized |

Parliament’s monsoon session delayed, to begin Aug 1 (Second Lead)


June 21st, 2011 - 7:55 pm ICT by IANS
New Delhi, June 21 (IANS) Parliament's monsoon session, which generally begins in mid-July, has been deferred and will now be held from Aug 1, it was announced here Tuesday."The ... Read more...

Posted in Uncategorized |

Parliament’s monsoon session deferred to Aug 1 (Lead)


June 21st, 2011 - 5:53 pm ICT by IANS
New Delhi, June 21 (IANS) Parliament's monsoon session has been deferred, and it will now begin Aug 1, it was announced here Tuesday."The monsoon session will be held Aug ... Read more...

Posted in Politics |

Eight weeks sought to reply to CAG report on RIL: Jaipal Reddy (Lead)


June 20th, 2011 - 10:32 pm ICT by IANS
New Delhi, June 20 (IANS) Petroleum Minister S. Jaipal Reddy said Monday his ministry has sought eight weeks' time to reply to the draft report of the Comptroller and ... Read more...

Posted in Business |

CAG report on RIL inflating costs only an interim draft: Oil Minister


June 20th, 2011 - 7:18 pm ICT by IANS
New Delhi, June 20 (IANS) Oil Minister S. Jaipal Reddy Monday said the petroleum ministry will reply in eight weeks to the draft report of the Comptroller and Auditor General ... Read more...

Posted in Uncategorized |

BJP, Left slam government on CAG report


June 17th, 2011 - 11:49 pm ICT by IANS
New Delhi, June 17 (IANS) The Bharatiya Janata Party (BJP) and the Left Friday slammed the government on the leaked Comptroller and Auditor General of India (CAG) report that ... Read more...

Posted in Politics |

Sensex dips for third consecutive day; RIL, SBI weigh heavy (Roundup)


May 18th, 2011 - 6:56 pm ICT by IANS
Mumbai, May 18 (IANS) Indian equities markets Wednesday closed lower with a benchmark index ending in the negative for the third consecutive day this week. Broader indices slipped a ... Read more...

Posted in Business |

Cairn-Vedanta deal a complex issue, says Sharma


April 8th, 2011 - 8:14 pm ICT by IANS
New Delhi, April 8 (IANS) The $9.6 billion Cairn-Vedanta deal is delayed because it is a complex issue involving scarce national resources and it should not be seen as ... Read more...

Posted in Business |

Group of Ministers to examine Cairn-Vedanta deal


April 6th, 2011 - 10:12 pm ICT by IANS
New Delhi, April 6 (IANS) A group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee will examine the $9.6 billion Cairn-Vedanta deal as the union cabinet failed to ... Read more...

Posted in Business |

ONGC’s interest to be fully protected: Deora


October 27th, 2010 - 5:41 pm ICT by IANS
New Delhi, Oct 27 (IANS) The government will "fully protect" the interest of state-run ONGC while considering the application for acquisition of Cairn India by the Vedanta Group, Petroleum Minister Murli Deora ... Read more...

Posted in Business |

ONGC says its approval needed for Cairn-Vedanta deal


October 21st, 2010 - 8:39 pm ICT by IANS
Mumbai, Oct 21 (IANS) State-run Indian oil and gas explorer ONGC Thursday said its approval is required if a proposed sale of Cairn Energy's Indian unit to Vedanta Resources has to go ... Read more...

Posted in Business |

ONGC makes two new oil and gas discoveries


October 16th, 2010 - 8:42 pm ICT by IANS
New Delhi, Oct 16 (IANS) The Oil and Natural Gas Corporation (ONGC) has made two new discoveries of oil and gas reserves - gas at the Krishna-Godavari basin block and oil in ... Read more...

Posted in Business |

Reliance Power concludes India’s largest fundraiser


September 28th, 2010 - 2:14 pm ICT by IANS
Mumbai, Sep 28 (IANS) Top private energy-generation firm Reliance Power Tuesday said it has successfully concluded India's largest fundraising exercise by any company worth Rs.50,000 crore ($11.1 billion) to finance 10,000 MW ... Read more...

Posted in Business |

Delhi to start gas-based power project


September 13th, 2010 - 9:25 pm ICT by IANS
New Delhi, Sep 13 (IANS) The Delhi government Monday decided to launch the phase II of the gas-based Pragati Power project to generate 750 MW of electricity at Bamnauli in the capital's ... Read more...

Posted in Business |

Cairn India strikes oil in Krishna Godavari basin


August 23rd, 2010 - 6:01 pm ICT by IANS
Mumbai, Aug 23 (IANS) India's fourth largest oil and gas producer, Cairn India, Monday said it has struck oil at a well in the Krishna Godavari basin, off the Andhra Pradesh coast. "A ... Read more...

Posted in Business |

NTPC signs production sharing contracts with government


July 6th, 2010 - 5:10 pm ICT by IANS
New Delhi, July 6 (IANS) Power generator NTPC Tuesday said it has signed production sharing agreements with the government for four oil and gas blocks. The company signed the agreement for one ... Read more...

Posted in Business |

Mukesh Ambani assures gas to ADAG, lists priorities


June 18th, 2010 - 6:49 pm ICT by IANS
Mumbai, June 18 (IANS) Mukesh Ambani, chairman of Reliance Industries, Friday assured gas supplies from the Krishna-Godavari basin to power-generation firms led by younger brother Anil and hoped for "harmonious" ties between ... Read more...

Posted in Business |

Ambani brothers pledge ‘environment of harmony’ with new pact (Roundup)


May 23rd, 2010 - 7:47 pm ICT by IANS
New Delhi, May 23 (IANS) In a seeming breakthrough, the respective Reliance groups led by brothers Mukesh and Anil Ambani Sunday said they have entered into a new non-compete pact that will ... Read more...

Posted in Business |

Ambani brothers enter new pact, gas dispute settlement in sight (Lead)


May 23rd, 2010 - 5:36 pm ICT by IANS
New Delhi, May 23 (IANS) In a seeming breakthrough, the respective Reliance groups led by the brothers Mukesh and Anil Ambani Sunday said they have entered into a new and simpler non-compete ... Read more...

Posted in Business |

Ambani brothers enter new pact, gas dispute settlement in sight


May 23rd, 2010 - 4:44 pm ICT by IANS
New Delhi, May 23 (IANS) Burying their differences, the respective Reliance groups led by brothers Mukesh and Anil Ambani Ambani Sunday said they have entered into a new and simpler non-compete pact ... Read more...

Posted in Business |

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