RIL-ONGC dispute: Krishna-Godavari basin order likely in next 10 days

RIL-ONGC dispute: Krishna-Godavari basin order likely in next 10 days

An international arbitration tribunal is likely to come out with its final award in the next 10 days on the dispute relating to production of migrated gas by Reliance Industries (RIL). RIL is in an arbitration dispute with the government over a penalty for allegedly drawing gas from ONGC’s block in the Krishna-Godavari (K-G) basin.

Crude oil reality for Indian investors

Crude oil reality for Indian investors

India’s energy sector is affected by swings in crude oil prices, since the country is a major net importer of crude and gas. The domestic energy sector is also subject to major government interference of a type that causes poor financial performance. Primary producers like ONGC and OIL are not allowed to maximise profits when prices are hi

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