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About 37 results for "krishna godavari dwn"

Government slaps RIL, partners with $1.55-bn penalty
Indian Express

Government slaps RIL, partners with $1.55-bn penalty

The ONGC-operated hydrocarbon blocks KG-DWN-98/2 and the Godavari PML (Production Mining Lease) shared a common boundary with KG-DWN-98/3 operated by RIL-BP-Niko on the KG-D6 basin. THE government has slapped a $1.55-billion penalty on Reliance ... Indian Express, 1 month ago
Govt Sends Notice To RIL Seeking USD 1.55Bn Equilibrio Informativo, 1 month ago
RIL fined $1.55 bn for using ONGC gas Smart Investor, 1 month ago
Times of India

India to move ahead in gas field development, see $20 billion investment: Pradhan

India will see an investment of about USD 20 billion in gas field development in the next 5-7 years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said. The investment will be primarily in ...
 4 Traders21 hours ago $20 billion to be invested in gas fields in 5-7 years  The Financial Chronicle5 days ago India To Invest $20 Bn In Gas Fields In Next 5-7 Yrs: Pradhan  Outlook India6 days ago India to invest $20 billion in gas fields in next 5-7 years: Dharmendra Pradhan  Times of India6 days ago

India plans to invest $20bn in gas fields in next 5-7 years

: Oil Minister Dharmendra Pradhan said India is seeking to invest nearly $20 billion in gas field development, primarily to aid in the discovery of natural gas by ONGC and Reliance Industries-BP JV off the east coast. This investment is for the next ...
 Indian Oil & Gas5 days ago OIL & NATURAL GAS : India plans to invest $20bn in gas fields in next 5-7 years  4 Traders5 days ago

KG-Basin gas migration penalty: Reliance serves arbitration notice on govt

With an arbitration notice from Reliance Industries Ltd (RIL) — coupled with having to handle ONGC officers who erred during a period prior to his regime — Petroleum Minister Dharmendra Pradhan finds himself in a bind. Contesting the Centre's ...
 Hindu Business Line3 weeks ago KG-D6 gas dispute may cost Reliance Ind over $1.2 billion  Hindu Business Line1 month ago

Ministry probing ONGC, DGH role in KG gas migration issue

The petroleum ministry has launched a probe into the role played by officials at ONGC and the Directorate General of Hydrocarbons for their alleged inaction on information about the state-owned firm's natural gas flowing into adjoining fields of ...
 Domain-B3 weeks ago

Gas row: All you need to know about RIL's $1 bn fine

Related to : Reliance Industries Ltd Reliance Industries Ltd BSE 01 Nov 16 | 11:35 AM 1052.30 1.1 (0.1%) NSE 01 Nov 16 | 11:29 AM 1054.00 2.8 (0.27%) KG Basin Reliance Industries Ltd (RIL) and its foreign partners, BP Plc and ...
 Smart Investor1 month ago All you need to know about the Reliance penalty  Smart Investor1 month ago
Financial Express

Political overhang likely to delay ONGC, GSPC deal

ONGC is proceeding extremely warily on a plan to take over the gas assets of the Gujarat government-owned GSPC, given the political scuffle over the latter's alleged extravagance. ONGC is already developing another deep-water block — KG-DWN-98/2 ...
 Financial Express1 month ago
Indian Express

KG Basin row: Penalty on Reliance Industries to be calculated within a month, says Dharmendra Pradhan

After the A P Shah panel's conclusion that Reliance Industries (RIL) production of migrated gas from the adjacent block of ONGC and retention of the ensuing benefits amount to unjust enrichment, the petroleum ministry has tasked its technical arm ...
 Financial Express2 months ago KG Basin gas: Oil Ministry asks DGH to work out penalty on Reliance  Indian Express2 months ago ONGC rejects AP Shah claim  Asian Age2 months ago

The real reason behind RIL-ONGC dispute

Dispute resolution provisions in the production sharing contract remained unimplemented, while the regulator faltered, points out Jyoti Mukul. While the Ajith Prakash Shah Committee report on migration of natural gas from Oil and Natural Gas Corporation (ONGC)’s block in the Krishna-Godavari basin to the adjacent field owned by Reliance Industries Ltd (RIL) helped in resolving the dispute partially, it also flagged the lack of regulatory mechanism in the high-stake upstream sector. The ...
 Rediff.com2 months ago
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