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DGH News

20 Sep 2017

ONGC strikes 'good' offshore oil, gas find: Sources

The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent.

18 Jul 2017

Oil field arbitration: Govt asks RIL, Shell, ONGC to pay $3 billion in penalty

The government has sought about USD 3 billion from Reliance Industries, Royal Dutch Shell and ONGC following a "partial" arbitration award in its favour over cost recovery in Panna/Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.

01 Nov 2016

Reliance Industries-ONGC gas row: Arbitration next port of call

As oil regulator DGH finalises the amount Reliance Industries may have to pay for producing ONGC's gas, the matter appears headed for arbitration owing to the premise used by AP Shah Committee that went into the issue.

01 Dec 2015

Gas worth Rs 11,000 cr migrated from ONGC to RIL's KG-D6 block: Report

US-based consultant D&M has submitted its final report on the gas dispute between ONGC and Reliance Industries, establishing that natural gas worth over Rs 11,000 crore has migrated from idling KG fields of the state-owned firm to the adjoining KG-D6 block.

23 Apr 2015

ONGC to conduct DGH prescribed test to get KG gas going

State-owned ONGC has agreed to conduct tests prescribed by upstream regulator DGH to confirm three key gas discoveries in its Krishna Godavari basin block to end a standoff that stalled its USD 8 dollar project.

15 Mar 2015

DGH to renegotiate fiscal terms of Cairn's Rajasthan block

"We have asked DGH to renegotiate terms with both the contractors, Cairn and Oil and Natural Gas Corp (ONGC)," a senior government official said.

07 Aug 2014

RIL marked all correspondence with Oil Min, DGH

Reliance Industries had marked all copies of its correspondence with the Supreme Court-appointed Tribunal on KG-D6 cost recovery issue to the Oil Ministry and its technical arm DGH.

05 Aug 2014

Cairn to get 10-year extension for Rajasthan block

The current PSCs provide for a 5-year extension in case of an oil field and 10 years in case of gas discoveries.

03 Aug 2014

DGH rejects ONGC's three KG gas discoveries

Sources said the ministry feels that taking away the discoveries and rebidding the finds may lead to delay in development. Also, the move may attract legal challenge.

16 Jul 2014

Oil Ministry to move Cabinet to allow RIL to retain gas finds

RIL has not been able to submit a development plan for D-29, 30 and 31 gas discoveries, which hold an estimated 345 billion cubic feet of reserves.

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