Vedanta's oil and gas arm, Cairn Oil & Gas produces about 3.5 million standard cubic meters per day of gas from its largely oil-bearing block in Rajasthan

The board of ONGC at its meeting on February 13 approved creation of a new wholly-owned subsidiary company for gas and liquefied natural gas (LNG) business value chain, according to the firm's third quarter earnings announcement

'Reorganising refining and petrochemicals as oil-to-chemicals (O2C) reflects new strategy as well as management matrix', the company said in a post earning investor presentation

R Cluster is the first in trio of projects that account for 25 per cent of domestic production of these companies; S&P Global's unit CRISIL Risk and Infrastructure Solutions Ltd will conduct online auction process

Stocks to watch today on December 21: RIL, JSW Steel, M&M, Infosys, PVR, PNB, ONGC, Lupin among others are the top stocks to watch out for in Monday's trading session

In the whole of FY20, total foreign direct investment (FDI) by domestic companies was $ 13 billion, while FDI inflows had hit a record $ 76 billion, according to the ratings agency

R Cluster is one of the three deepwater gas projects started by RIL and BP in block KG D6; together they are expected to meet 15 per cent of India's gas demand by 2023

Gas production from R-Series has been delayed by six months because of COVID-19 pandemic and related disruptions in supply chain. Production from Satellite and MJ fields are expected in next financial year

Reliance Industries Ltd (RIL) said in an investor presentation after announcing its second-quarter earnings that all wells have been drilled, completed, tested and connected and all sub-sea installation and testing works have been completed

In the second quarter, RIL refined 15.4 million tonne (MT) of crude to generate a revenue of Rs 62,154 crore. In the comparative quarter last year, it refined 16.7 MT crude, but generated Rs 97,229 crore

Singh's appointment comes at a time when RIL is in the process of carving out the O2C business into a separate unit - Reliance O2C Ltd - for a possible sale of a 20 per cent stake to Saudi Aramco for $15 billion

Despite the write off, the company has further invested $5 billion along with RIL at three blocks in KG Basin- R Series, Satellite & MJ. BP's share would come around $1.5 billion in the new investment

Anil Ambani bankruptcy: Anil Ambani's companies have faced a series of challenges and roadblocks. While some are said to have been brought on by executional shortcomings, some appear to be bad timing

O2C business, which is set to be split as a separate division, saw revenue declining by 33 per cent YoY to Rs 25,192 crore, due to lower price realisations with disruptions in local and regional markets amid the COVID-19 outbreak

RIL AGM: Mukesh Ambani said the company is working to complete contours of a $15 billion strategic partnership with Saudi Aramco

Stocks to watch today on June 29: HDFC Bank, Piramal Enterprises, Axis Bank, IDBI Bank, Bajaj Auto, Vadilal, Adani Transmission among others are the top stocks to watch out for in Monday's trading session

Combined production from these three fields is expected to be 30 million standard cubic metres per day (mmscmd) by FY2024

Realising digital ambitions of Jio Platforms and shifting focus of Reliance Industries' petrochemicals business from petrol and diesel production would be the next challenges Chairman Mukesh Ambani has to face

In August last year, Mukesh Ambani had announced to sale 20 per cent stake in the oil-to-chemical (O2C) business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to Saudi Aramco

How Mukesh Ambani is pivoting RIL from a petroleum company to a technology corporation