Reliance Industries Ltd (RIL) has pocketed two oil blocks in Iraq’s Kurdish region.
RIL has signed up a deal for the blocks ‘Rovi’ and ‘Sarta’ in northern Iraq with the autonomous Kurdish Regional Government (KRG).
The blocks measuring 450-500 sq km have an oil-bearing structure of around 80%, and Reliance is confident of making a discovery soon. RIL paid a signing amount of $15.5-17.5 million for the two blocks.
According to the deal, the RIL’s wholly owned arm Reliance Exploration and Production DMCC would be served as an operator.

New Delhi, Nov 11 : The Communist Party of India-Marxist (CPI-M) politburo meeting began here today, and in all likelihood, it will discuss the much-touted Indo-US civil nuclear deal and the prevai

New Delhi, Nov 11 : Prime Minister Manmohan Singh's visit to Moscow will envisage upgrading the predominant buyer-seller relationship between India and Russia in the defence sector to a new level o

Don’t miss Aamir’s upcoming movie ‘Taare Zameen Par,’ if you want to see Aamir & his wife Kiran acting together.

New Delhi, Nov 11 : Prime Minister Manmohan

New Delhi: Bollywood Baadshah, Shahrukh Khan would inaugurate the International Film Festival of India (IFFI) 2007 starting on November 23 in Goa.

Karuna, Shahrukh’s spokesperson told, “Yes, Shahrukh Khan has accepted the invitation to inaugurate the ten day long festival.”

The occasion will witness best of cinema from India as well as overseas. It would be started with the far-famed Romanian film director Cristian Mungiu’s film “Four Months, Three Weeks and Two days,” which already won the esteemed Golden Palm prize at Cannes early this year.

Karuna, on behalf of SRK, who is presently out of the country, said, “Shahrukh is pleased to do the honour on behalf of the film industry.”