LIVE MARKET TRACKER :   BSE SENSEX   26630.51      |    NSE NIFTY 7964.80    
GLOBAL MARKETS :  NASDAQ 4493.39   -0.28%    |    FSI London 6622.72   -0.36%    |    NIKKEI Japan 16173.52   -0.84%
  USD GBP EUR CAD AUD INR
USD - 0.6168 0.7919 1.1208 1.1441 61.89
GBP 1.6215 - 1.2841 1.8174 1.8553 100.3565
EUR 1.2629 0.7789 - 1.4155 1.4449 78.1609
CAD 0.8926 0.5506 0.7069 - 1.0213 55.2441
AUD 0.8742 0.5392 0.6923 0.9798 - 54.1036
INR 0.0162 0.01 0.0128 0.0181 0.0185 -
Indian-Commodity  :  Corporate  :  Reliance Industries closes eighth well in KG-D6 block

Reliance Industries closes eighth well in KG-D6 block (23-Jan-2013)

Mukesh Ambani owned Reliance Industries has closed its eighth well on the main gas fields in KG-D6 block, which declined its output plummeting to all time low of 20.88 mmscmd. It had shut the well B6 on the main producing fields of Dhiburbhai-1 and 3 (D1&D3) in Krishna Godavari basin KG-D6 block because of water loading.

Recently, the company had shut B4, the seventh well on D1&D3 field. This latest shutting led to the output slipping from D1&D3 to 16.98 million standard cubic meters a day during the week ended January 13. Together with 4.37 mmsmcd from MA oilfield in the same block, the output totaled 21.35 mmscmd in the week.

Till date, RIL has drilled 22 wells on D1&D3 fields but has put only 18 on production so far. D1&D3, which started gas production in April 2009, had touched a peak of 55 mmscmd in August 2010 before beginning of water and sand ingress in wells.


Top News Today
Tata Power, NTPC and Hindalco Industries to see some action today
(30-Sep-2014)

Tata Power, NTPC and Hindalco Industries to see some action todayThe government has cancelled approvals of nine special economic zones, including that of Hindalco Industries, Essar and Adani as no satisfactory progress was made to execute the projects. The decision......click on news to read complete article.

CCEA defers its decision on revising gas prices to November 15
(25-Sep-2014)

CCEA defers its decision on revising gas prices to November 15In a major setback to the oil and gas sector, the Cabinet Committee on Economic Affairs (CCEA) has deferred its decision on revising gas prices, expected October-end, to November 15. The CCEA headed by......click on news to read complete article.

Four-member panel submits report on new gas pricing formula
(18-Sep-2014)

Four-member panel submits report on new gas pricing formulaA four-member panel of secretaries appointed by the government has submitted the much awaited report on a new gas pricing mechanism, which prescribes lower rate than the price approved by the previous......click on news to read complete article.

International Stock News
US markets close lower; stocks recover from session lows
(30-Sep-2014)

US markets close lower; stocks recover from session lowsThe US markets closed lower on Monday, recovering from early morning selling bout, as investor confidence was hit by violent unrest in Hong Kong and a rebound in consumer spending fueled speculation that......click on news to read complete article.

US markets closed higher on bargain hunting
(27-Sep-2014)

US markets closed higher on bargain huntingThe US markets closed higher on Friday on bargain hunting following Thursday's sell-off, which pulled all the three major averages down to their lowest closing levels in over a month. Sentiments remained......click on news to read complete article.

US markets plunge; Nasdaq sinks most since April
(26-Sep-2014)

US markets plunge; Nasdaq sinks most since AprilThe US markets dropped on Thursday, slapping the major benchmarks with their biggest one-day loss, with the Nasdaq plunging the most since April. Other worries were centered on the Russia-Ukraine and Mideast......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.