{"id":448456,"date":"2021-11-09T08:34:29","date_gmt":"2021-11-09T03:04:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=448456"},"modified":"2021-11-09T09:12:53","modified_gmt":"2021-11-09T03:42:53","slug":"ril-exits-us-shale-gas-business-by-divesting-eagleford-upstream-asset-stake","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-exits-us-shale-gas-business-by-divesting-eagleford-upstream-asset-stake\/","title":{"rendered":"RIL exits US shale gas business by divesting Eagleford Upstream asset stake"},"content":{"rendered":"<p>Mukesh Ambani-led Reliance Industries has exited all its business in the upstream oil and gas shale play that was based out of the United States.<\/p>\n<p>A company statement said that Reliance Eagleford Upstream Holding (REULP), a wholly-owned step-down subsidiary of Reliance Industries, announced the signing of agreements with Ensign Operating III, a Delaware limited liability company, to divest its interest in certain upstream assets in the Eagleford shale play of Texas, USA.<\/p>\n<p>&#8220;With this transaction, Reliance has divested all its shale gas assets and has exited from the shale gas business in North America,&#8221; RIL said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-led Reliance Industries has exited all its business in the upstream oil and gas shale play that was based out of the United States. A company statement said that Reliance Eagleford Upstream Holding (REULP), a wholly-owned step-down subsidiary of Reliance Industries, announced the signing of agreements with Ensign Operating III, a Delaware limited liability company, to divest its interest in certain upstream assets in the Eagleford shale play of Texas, USA. &#8220;With this transaction, Reliance has divested all its shale gas assets and has exited from the shale gas business in North America,&#8221; RIL said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-448456","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=448456"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448456\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=448456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=448456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=448456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}