Oil ministry has stepped back in taking on the Mukesh Ambani-promoted Reliance Industries (RIL) through arbitration. The ministry says it will not push for any changes in the production
With the CAG criticising it for violating the contract for its showpiece KG D6 gas fields, Reliance Industries on Thursday said it remains compliant with all contractual provisions, including following
To make India a favourable destination globally for exploration and production of crude and natural gas, the government plans to move to the open acreage licensing policy (OALP) regime soon.
The union government has asked upstream regulator, Directorate General of Hydrocarbons (DGH), to draft an approach paper for shale gas exploitation in India.
Oil regulator DGH has concurred with Reliance Industries' proposal to transfer 80 per cent of its stake in the D6 gas field to its four unlisted
The Reserve Bank may go in for further tightening of money supply as there is no likelihood of inflation coming to single digit in the next six
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