Category archives for: Oil & Gas

USA: Oil Companies Protest Presidential Ban on Drilling in Gulf

Today, the National Ocean Industries Association hit out at the Presidential moratorium on exploratory drilling in waters deeper than 500 feet in the Gulf of Mexico. Burt Adams, Chairman of the National Ocean Industries Association, which represents 35 off-shore energy companies, said in a statement: “The immediate impacts of the order will be felt by [...]

India Supreme Court: RELIANCE NATURAL RESOURCES LTD. Vs. RELIANCE INDUSTRIES LTD.

Two of the richest people in the world, brothers Mukesh Ambani of Reliance Industries (RIL) and Anil Ambani of Reliance Natural Resources (RNRL) took a disagreement over gas supply to the Indian Supreme Court. The judgement was delivered on Friday 7th May 2010, with far-reaching consequences for energy supply in India and the share price [...]

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