<p>Mukesh Ambani led Reliance Industries Limited (RIL) has landed upon rich natural gas reserves in the D9 block of Krishna-Godavari (KG) basin. It is the first gas discovery for RIL in the exploration well KG-D9-A2, with an estimated resource potential of the block being close to 5.2 10 trillion cubic feet (tcf), according to London […]
RIL discovers gas and condensate reserves in the Cauvery-Palar basin
<P>Mukesh Ambani led, Reliance Industries Limited (RIL) – India’s top most energy producer, has announced a rich gas and condensate discovery in deepwater Cauvery-Palar basin. The discovery was made as a result of drilling of the first ever well in the region in the block CY-PR-DWN-2001/3(CYPR-D6).</P> <P>The discovery well, namely CYPR-D6-SA1, is located at a […]
RIL’s D-6 output to double following its tie up with BP
The much talked about tie-up between Mukesh Ambani run Reliance Industries Limited (RIL) and British Petroleum (BP) is speculated to generate more than double the current gas output in D-6 block to an estimated level of 120 million cubic meters a day; thereby allowing Reliance to sanction the resulting capital expenditure towards developing the country’s […]
RIL-BP deal: The pursuit for TechExcellence
The $9 billion deal that Mukesh Ambani, chairman of Reliance Industries Limited (RIL) signed with BP on Monday, may just be a mark of the fact that pursuit of excellence is a crucial catalyst for this redoubtable enterprise. On Monday, BP- the owner of world’s leading deep-sea oil and gas exploration squad – decided to […]
Medvedev the Peaceable
It is time to set the doomsday clock back one full generation. Historic events of that magnitude don’t come along every week, so one would think that the world’s financial markets would breathe a sigh of relief, instead we got the ‘flash crash’ and some hand ringing about a peripheral economy called Greece. Last week, […]
Shale Gas Will Tip The Scale
A seismic shock wave is coursing through the global energy industry. Based on American innovation, a new way of extracting natural gas from prehistoric clay called shale is unbalancing the global energy equation. The traditional rulers of the fossil fuels industry – Saudi Arabia, Iran and Russia — are watching in horror as independent wildcatters […]
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