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India's Reliance Industries said on Tuesday the country's Petroleum and Natural Gas Ministry has raised a demand of $2.81 ...

The government has slapped a USD 2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries Ltd and its partners, including BP Plc, for gains made from producing and selling natural ...

Reliance Industries said on Tuesday (March 4, 2025) the Petroleum and Natural Gas Ministry has raised a demand of $2.81 billion from the company, BP Exploration and Niko in a gas drilling dispute ...

The dispute dates back to 2013, when ONGC suspected the migration of gas from its adjacent blocks to Reliance’s KG-D6 block. The issue escalated when ONGC requested the Directorate General of ...

Simply put, it meant that subsurface gas pools of the Reliance block and the ONGC blocks appeared to be connected with possible migration of gas between the two. And since Reliance started ...

The Delhi High Court has ruled in favour of the government in a gas dispute case, ordering Reliance Industries (RIL) to pay $1.7bn (Rs147.63bn) over allegations of "unjust enrichment”.

The Ministry of Petroleum and Natural Gas has raised a demand of $2.81 billion ... ruling in a judgment delivered on March 3, 2025. Reliance, meanwhile, is planning to challenge the latest ruling ...

The government has slapped a USD 2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries Ltd and its partners, including BP Plc for gains made from producing and selling natural gas ...

Iraq is diversifying its energy strategy by reducing its reliance on Iranian gas. Baghdad is looking to secure LNG as it works to ramp up domestic gas production. Tensions between Baghdad and the ...

The fall in RIL shares comes after the Ministry of Petroleum and Natural Gas raised a demand of US $2.81 billion on the PSC Contractors, namely Reliance Industries Limited, BP Exploration (Alpha ...