Govt slaps $ 264 million penalty on RIL, BP!
The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.
Aug 15, 2017, 14:14 PM ISTGovt slaps $ 264 million penalty on RIL, BP
The government has imposed a new penalty of USD 264 million (about Rs 1,700 crore) on Reliance Industries Ltd and its partners for producing less than the targeted natural gas from eastern offshore KG-D6 fields in 2015-16.
Aug 15, 2017, 14:14 PM ISTAbout 11.12 bcm gas of ONGC shifted to RIL's KG-D6: Consultant
About 11.12 billion cubic metres of natural gas worth Rs 11,055 crore have flowed from idling Bay of Bengal blocks of the state-owned Oil and Natural Gas Corporation (ONGC) to neighbouring KG-D6 fields of Reliance Industries, US-based consultant D&M has said.
Nov 22, 2015, 12:43 PM ISTRIL, ONGC share gas fields: D&M
ONGC had in 2013 claimed that RIL had deliberately drilled wells close to the common boundary of the blocks and that some gas it pumped out was from its adjoining block.
Oct 08, 2015, 18:55 PM ISTRIL counters govt assertion on idle power plants
Reliance Industries has countered government's assertion that power plants were lying idle due to fall in output from its KG-D6 fields, saying most of these units were built much before the fields were even discovered.
Mar 26, 2015, 17:19 PM ISTGAIL to pay royalty on RIL gas price
State-owned GAIL India Ltd has been asked to pay royalty on the USD 1.41 per unit it is collecting on natural gas produced from Reliance Industries' eastern offshore KG-D6 fields.
Dec 23, 2014, 16:07 PM ISTGas price hike to balance reforms, interest of poor: Pradhan
Last week, a top oil ministry official said a decision on the issue will be taken before July 1.
Jun 10, 2014, 17:00 PM IST