KG D6

  • New gas rates to be applicable from April 1: RIL to buyers May 14, 2014

    New Delhi: Forced to sell gas at rates that have long expired, Reliance Industries has categorically told buyers of its KG-D6 gas that new rates as and when approved, will apply from April 1. In a terse one-page letter to urea manufacturing plants, RIL said it was supplying about 12.5 million...
  • Reliance Industries net profit jumps 19 per cent to Rs 5,352 cr July 19, 2013

    Mumbai: Reliance Industries on Friday reported a 19 per cent jump in its April-June quarter net profit at Rs 5,352 crore on back of higher refining margins. Net profit in the first quarter of 2013-14 at Rs 5,352 crore was 18.9 per cent higher than profit of Rs 4,503 crore in...
  • Control your leaky office before sermonising, Digvijaya tells CAG November 3, 2012

    New Delhi: Hours after it was reported that the Comptroller and Auditor General of India (CAG) pulled up the Oil Ministry over Reliance KG-D6 audit report, Congress General Secretary Digvijaya Singh hit out at CAG Vinod Rai, asking him to first control his own office. The senior Congress leader tweeted on...
  • KG-D6 audit: RIL, Oil Ministry officials to meet October 31, 2012

    New Delhi: Reliance Industries Ltd (RIL) and Petroleum and Natural Gas Ministry officials will meet on the company's oil and gas producing block KG-D6 audit on Wednesday. The meeting is being seen as the government's attempt to break the impasse on the proposed second round of the Comptroller and Auditor...
  • RIL cuts KG-D6 gas field reserves by 70 pc: Govt August 9, 2012

    New Delhi: Reliance Industries has slashed natural gas reserves in its main production gas fields in the Krishna Godavari basin D6 block by 70 per cent to 3.10 Trillion cubic feet (Tcf) due to "unforeseen geological surprises". Minister of State for Petroleum and Natural Gas RPN Singh told the Lok Sabha...
  • Antony to head EGoM on natural gas pricing July 25, 2012

    New Delhi: Defence Minister AK Antony will head the reconstituted high-powered ministerial panel which will decide if price of natural gas produced by Reliance Industries from KG-D6 fields can be revised before 2014. "The Empowered Group of Ministers (EGoM) has been reconstituted. It will now be headed by Defence Minister," a...
  • Read: Full speech of Mukesh Ambani at RIL AGM June 7, 2012

    Reliance Industries hopes to produce an additional 30 million cubic metres per day of gas at its KG-D6 field off India's east coast, Chairman Mukesh Ambani Ambani told shareholders at the company's annual general meeting on Thursday. Here is the full speech of Mukesh Ambani: My Dear Shareowners, It gives me great pleasure...
  • RIL aims to increase KG gas production: Ambani June 7, 2012

    Reliance Industries aims to increase KG gas production: Ambani Mumbai: Reliance Industries hopes to produce an additional 30 million cubic metres per day of gas at its KG-D6 field off India's east coast, Chairman Mukesh Ambani said. The additional production will be realised through further exploration and development at the field, Ambani...
  • RIL says D6 output normal after tsunami warning April 11, 2012

    New Delhi: Ouput is normal at India's largest gas producer, the Reliance Industries operated KG D6 block off India's east coast, and the company is monitoring the situation closely post tsunami warning, it said in statement on Wednesday. "Following an earthquake in Indonesia and alert for Tsunami issued in the region...
  • RIL's $ 1.52 bn investment plan in KG-D6 rejected December 3, 2011

    New Delhi: Oil Ministry and its technical arm DGH on Friday refused approval to Reliance Industries' $ 1.529 billion investment plan to develop satellite fields to offset fall in gas output at its flagging KG-D6 block. At the KG-D6 block's oversight committee meeting on Friday, the ministry and the DGH blocked...
  • 'Will never allow any operator to overbill govt' June 19, 2011

    New Delhi: Finding itself admist a raging controversy over comments against it in a draft CAG report, the Oil Ministry has said it will never allow Reliance Industries or any other operator to overbill the government and cause loss to the exchequer. The ministry is in the process of preparing a...
  • 'Crony capitalism deal between Oil ministry, RIL' June 17, 2011

    Ahead of the monsoon session of Parliament, the leaked CAG report on RIL is adding oil to the opposition fire. Demanding that the Prime Minister issue a statement to clear the air, the CPM said the deal was another example of crony capitalism. ...
  • Role of CAG misunderstood: Digvijaya Singh June 17, 2011

    New Delhi: Opposition parties are closing ranks over alleged corruption in the Mukesh Ambani-promoted Reliance and Oil ministry deal over gas in the KG D-6 basin. The CPM on Friday said that Prime Minister Manmohan Singh and the Union Cabinet should take responsibility for the Comptroller Auditor General (CAG)...