
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 round of New Exploration Licensing Policy of the Government of India. Jubilant Energy is a partner in the block and pays fully...

09:58 PM, Dec 04, 2012

New Delhi: State-owned 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 G-1-9 in the Krishna Godavari basin on August 30 and the gas leakage stopped on November 7, Minister of State for Petroleum and Natural Gas Panabaka Lakshmi said. "Only...

05:55 PM, Nov 23, 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 in a written reply that RIL had estimated 10.3 Tcf of recoverable reserves in the Dhirubhai-1 and 3 (D1&D3)...

01:37 PM, Aug 09, 2012

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 in the case, the newspaper said, citing officials at the federal agency who declined to be named. Earlier this...

10:31 AM, Sep 20, 2011

The row is over supply, pricing of natural gas from Krishna Godavari basin. ...

02:36 PM, Jul 20, 2009