RIL

No Picture

Oil cop pulled up in gas transfer row

“The presence of a strong, empowered, vigilant and diligent regulator cannot be emphasised enough, particularly in a sensitive and vital sector such as petroleum,” the committee said in its report. Appalled by the current status…




No Picture

ONGC, RIL gas dispute report this month

Now that the Shah Committee examining the dispute over natural gas migrating from blocks of the Oil and Natural Gas Corp in KG basin to neighbouring fields of Reliance Industries Ltd (RIL) has submitted its…



No Picture

Reliance penalised for underproduction

The Centre has slapped a penalty of $380 million (around Rs 2,500 crore) on Reliance Industries and its partners for producing less than targeted natural gas from eastern offshore KG-D6 fields. The Production Sharing Contract…





No Picture

RIL prefers using debt to cash for capex

Reliance Industries (RIL) had its largest capital expenditure, of Rs 1.12 lakh crore ($17 billion), in 2015-16 — in augmenting hydrocarbon assets and building infrastructure for the launch of its telecom business, Jio. This would…