KRISHNA GODAVARI BASIN

  • ONGC moves Delhi HC against RIL over alleged gas theft May 15, 2014

    New Delhi: Stateowned oil and gas major Oil and Natural Gas Corporation (ONGC) has moved the Delhi High Court against Mukesh Ambani's Reliance Industries. The ONGC has accused the RIL of exploiting substantial gas from its natural gas block. The two companies have been involved in a faceoff for the last...
  • Won gas block through competitive bidding: Jubilant December 4, 2012

    New Delhi: Jubilant Energy on Tuesday said it won the KG Deendayal gas block through international competitive bidding and did not get participating stake of 10 per cent as "gift" from the Gujarat government. "Jubilant Energy (subsidiary of Jubilant Enpro) won this block under international competitive bidding under the third...
  • Kejriwal targets Modi over Gujarat gas deal, seeks probe December 4, 2012

    New Delhi: Aam Aadmi Party convenor Arvind Kejriwal on Tuesday took on Gujarat Chief Minister Narendra Modi over the Tehelka report alleging irregularities in the sale of stake worth Rs 20,000 crore in Gujarat State Petroleum Corporation's (GSPC) gas exploration project in the Krishna Godavari Basin (KG), which the report...
  • Leakage of gas stopped at ONGC well in KG basin: Govt November 23, 2012

    New Delhi: Stateowned Oil & Natural Gas Corp's (ONGC) Krishna Godavari basin well that had been leaking natural gas for over two months now, has stopped flowing, the government said on Friday. An uncontrolled flow of gas started from the Well G19 in the Krishna Godavari basin on August 30...
  • RIL cuts KGD6 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...
  • CBI may file case against RIL: report September 20, 2011

    Mumbai: The Central Bureau of Investigation (CBI) is considering filing a case or multiple cases against Reliance Industries over its operations of its gas block in the Krishna Godavari (KG) basin, the Mint reported on Tuesday. CBI is likely to name officials in the country's upstream regulator and the petroleum ministry...
  • RIL scrip falls by over 2 pc in morning trade June 13, 2011

    Mumbai: Reliance Industries fell by over 2 per cent in morning trade on the bourses on Monday as investors reacted negatively to the oil sector regulator's decision to reject three new natural gas finds by the Mukesh Ambaniled company in the eastern offshore KGD6 block as discoveries. ...
  • SC may rule on Ambani gas row on Friday May 5, 2010

    New Delhi: The Supreme Court is expected to deliver on Friday its muchawaited verdict on one of India's most highprofile legal battles between companies led by the two Ambani brothers, Mukesh and Anil, over natural gas supplies from the KrishnaGodavari basin. A threemember bench of Chief Justice K.G. Balakrishnan, Justice B....
  • What is the Reliance gas dispute all about? July 20, 2009

    New Delhi: The raging dispute being heard in the Supreme Court between the companies belonging to the two Ambani brothers, Mukesh and Anil, mainly concerns the supply and pricing of natural gas from the Krishna Godavari basin. At the core of the dispute is how valid is a family pact reached...
  • RIL has breached gas contract: Jairam Ramesh November 11, 2008

    New Delhi/Mumbai: Minister of State for Power Jairam Ramesh Tuesday said Reliance Industries has breached the contract to supply natural gas from the KrishnaGodavari basin to staterun NTPC. NTPC, formerly National Thermal Power Corp, had floated a global tender for supply of gas, based on which a letter of intent was...