Press release archives - Oil/Energy

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Tuesday, 11th Feb 2014

Oil Imports from Canada could benefit RIL

Canada, the world's third largest oil reserve (Behind Saudi Arabia and Venezuela) could be India's savior with regards to the ever-increasing oil prices. More...

  • Published on Feb 11, 14

Wednesday, 5th Feb 2014

ONGC allots additional 15000 SCMD gas to SEIL

Upstream oil major ONGC Limited has now allocated additional 15000 SCMD (standard cubic metres per day) of gas to Steel Exchange India Limited (SEIL, BSE Scrip Code - 534748) which is one of the largest steel manufacturers in the private sector in Andhra Pradesh for its Captive Power Plant at Kothapeta. More...

  • Published on Feb 5, 14
Zayed Future Energy Prize 2015 Submissions Open Today

Zayed Future Energy Prize, an initiative by The Government of Abu Dhabi and managed by Masdar, is inviting the submissions and nominations from India for its 2015 edition. Since it's inception in 2008, as there have been reasonable response from India's end in its past 7 editions, the award seeks more nominations from India for its 2015 edition. More...

  • Published on Feb 5, 14

Tuesday, 28th Jan 2014

RIL to Give a Bank Guarantee of $120-135 million

Mukesh Ambani's Reliance Industries Limited (RIL) along with BP and Niko, key partners in the KG-D6 block, is expected to announce a bank guarantee of $120-135 million to get the benefits of higher gas price. More...

  • Published on Jan 28, 14

Friday, 24th Jan 2014

RIL could gain $ 400 million from pumping Natural Gas from Coal Seams

Mukesh Ambani's Reliance Industries Limited (RIL) has been continuously investing in India's energy sector. More...

  • Published on Jan 24, 14
Reliance Industries to invest in Algae.Tec and fund its first India Plant

Continuing in its rapid expansion in diverse fields, Reliance Industries Limited (RIL) has announced an investment in Australian algae fuel developer Algae.Tec's first Indian biofuel plant. More...

  • Published on Jan 24, 14

Friday, 17th Jan 2014

Korean Power Company to Invest in a US $ 600 million Thermal Power project in India

Jinbhuvish Power Generations Pvt Ltd (JPGPL), a Jinbhuvish Group Company, today signed Memorandum of Understanding (MoU) on technical service support with Korea South-East Power Co. Ltd, KOSEP, a subsidiary of Government of Korea owned Korea Electric Power Corporation for its Rs 3450 crores (US $ 600 million approx.) thermal power project in Maharashtra. KOSEP is the 40% e... More...

  • Published on Jan 17, 14
RIL turns its attention towards oil in Venezuela

Reliance Industries Limited (RIL) is continuing in its expansion and ambitious growth plans in the Oil & Gas sector. More...

  • Published on Jan 17, 14

Thursday, 16th Jan 2014

RIL & BP save KGD6 Gas Fields from Shutting Down

Mukesh Ambani's Reliance Industries Limited (RIL) and UK's British Petroleum (BP) have saved the KGD6 gas field from a possible shutdown. More...

  • Published on Jan 16, 14

Saturday, 11th Jan 2014

Welspun Energy signs MoU with Government of Punjab

This 150 MW project, slated to begin commercial operations by 2017, will bring relief to the state of Punjab that has been facing insufficient and erratic power supply and been battling high power tariffs. A recent report by the Central Electricity More...

  • Published on Jan 11, 14

Tuesday, 7th Jan 2014

RIL on the verge of increasing output from KG-D6 Basin

Mukesh Ambani's Reliance Industries Limited (RIL) is setting its sights on adding about 1-3 million standard cubic meters per day of gas production at its eastern offshore KG-D6 fields. More...

  • Published on Jan 7, 14

Thursday, 2nd Jan 2014

RIL and BP may have to give a $1.2 billion bank guarantee for high gas price

Mukesh Ambani's Reliance Industries Limited(RIL) along with its partners, British Petroleum, the world's fifth largest oil & gas company More...

  • Published on Jan 2, 14

Tuesday, 31st Dec 2013

Reliance Industries Limited is the CSR Company of the Year

Corporate Social Responsibility is not a new thing in India. It has been prevalent for least a few decades. More...

  • Published on Dec 31, 13

Thursday, 26th Dec 2013

Welspun Energys contribution towards countrys energy security gets industry recognition

EPC World Awards is the foremost event that acknowledges the achievements of companies and individuals from Infrastructure, Construction and Real Estate sectors and encourages them to perform even better. The EPC World awards have evolved as the national platform as one of the best industry recognition awards in India. Ernst & Young, a global leader in Assurance, More...

  • Published on Dec 26, 13
Asia Powercom- Global Leader in Power Protection Targets North Indian Market

Asia Powercom, global leader in power protection, today announced its expansion in north India. Asia Powercom has made its presence in north Indian states like Uttar Pradesh, Delhi, Haryana, Bihar and Uttarakhand. This effort was put-in to assure partners on the faster support and services. More...

  • Published on Dec 26, 13