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08 Aug, 2010

RIL increases its bets on shale gas

RIL has acquired three shale gas assets in the last five months


Source: Livemint.com

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08 Aug, 2010

RIL asked to respond to radiation complaints

Amid the ongoing debate over the Bhopal gas tragedy and inadequate compensation paid to victims, reports of a radiation from the Mukesh Ambani-controlled Reliance Industries petrochemicals


Source: Sify.com

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07 Aug, 2010

CAG completes RIL gas field cost audit

CAG, which went into the $8.8 billion cost incurred by Reliance in producing gas from the nation's largest field, had examined and received replies on its audit comments from the Mukesh Ambani-led firm.


Source: Rediff.com

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07 Aug, 2010

Rivals find RIL Jamnagar a happy hunting ground

As many as 50 senior engineers recently quit the country's largest private sector oil refiner, half joined HPCL Mittal Energy unit


Source: DNA Money

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06 Aug, 2010

RIL key support at Rs 980: Gujral

Do not get worried and consolidate the holdings in Reliance Industries even if it falls below key support levels which in this case could be closer to about Rs 980, says Technical Analyst, Ashwani Gujral.


Source: Moneycontrol.com

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06 Aug, 2010

Accumulate Reliance Industries: Phani Sekhar

Accumulate Reliance Industries, says Phani Sekhar, Angel Broking.


Source: Moneycontrol.com

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06 Aug, 2010

RIL to take US lessons for shale E&P in India

Reliance Industries Ltd, which on Thursday announced its third shale gas asset acquisition in the US this year for Rs 1,800 crore, will leverage the technological acumen gained from operating those assets to aggressively bid for shale gas assets in India.


Source: The Financial Express

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06 Aug, 2010

RIL to buy 60% stake in US shale firm for $392 mn

Reliance Industries (RIL) has agreed to buy its third shale-gas asset in the US in less than four months, acquiring a 60 per cent stake in acreages held by Carrizo Oil & Gas and its partner.


Source: Sify.com

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06 Aug, 2010

Reliance Ind takes 60% stake in US shale gas field for $392 m

Reliance Industries is set to acquire 60 per cent stake in Marcellus Shale acreage in Central and Northeast Pennsylvania of the US, now held by a joint venture between Carrizo and ACP II Marcellus LLC, an affiliate of Avista Capital


Source: The Hindu Business Line

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05 Aug, 2010

RIL acquires third shale gas asset in US

The firm will have majority control of the asset; total investment in US shale gas assets stands at $3.44 billion


Source: Livemint.com

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