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Latest Articles in kg basin

Videocon To Give Anil Agarwal's Group Majority Stake In Ravva Oilfield

The National Company Law Tribunal's Mumbai bench on Tuesday approved the acquisition of bankrupt Videocon Industries by Vedanta group firm Twin Star Technologies, with the lenders set to take a haircut of about 90 per cent.

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Reliance Industries Outbids GAIL To Buy All Its Own CBM Gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents

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RIL, BP To Submit Revised Investment Plan For KG-D6 Gas Finds

The four satellites and the other two finds (D-29 and D-30), R-Series and MJ gas discoveries, are the ones on which RIL and BP had in mid-June this year announced investing Rs 40,000 crore to reserve the flagging production from KG-D6 block

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ONGC Gets Green Nod For Exploratory Drilling In KG Basin

Oil and Natural Gas Corporation has received environmental clearance for drilling five wells to explore shale gas and oil in the KG basin of Andhra Pradesh at an estimated cost of Rs 217 crore

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ONGC Turns To GSPC's Undersea Infra For KG Gas Output

Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat firm GSPC to produce gas from its own KG-basin fields in the Bay of Bengal

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Reliance To Contest Government's $1.55 Billion Penalty

Reliance Industries is to contest a $1.55 billion fine imposed by the government on the company and its partners for selling gas belonging to the blocks of Oil and Natural Gas Corp

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Government Seeks $1.55 Billion From Reliance For Drawing ONGC's Gas

The government has sought $1.55 billion from Reliance Industries and its partners for drawing natural gas belonging to state-owned ONGC in the KG basin over the last seven years

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Build Versus Buy: ONGC Opts For The Latter

India's state-owned oil exploration company is doing better by buying oil fields elsewhere than by investing in producing from its own.

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ONGC Gets Green Nod For Rs 53,000 Crore KG Basin Infra Project

Environment Ministry allows state entity to drill 45 wells and develop other related infrastructure In Andhra Pradesh

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