{"id":448569,"date":"2021-11-09T11:16:34","date_gmt":"2021-11-09T05:46:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=448569"},"modified":"2021-11-09T11:16:34","modified_gmt":"2021-11-09T05:46:34","slug":"ril-to-exit-north-america-shale-gas-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-to-exit-north-america-shale-gas-business\/","title":{"rendered":"RIL to exit North America shale gas business"},"content":{"rendered":"<p>Reliance Industries NSE 0.44 % has signed an agreement to sell off the last of its shale gas businesses, upstream assets in the Eagleford in Texas, USA, marking the company&#8217;s exit from the shale gas play in North America, the Mukesh Ambani-led company said late Monday.<\/p>\n<p>RIL acquired shale gas assets through joint ventures in the US between 2010-2013, as a part of its global energy portfolio diversification plan, But as shale gas prices corrected and the viability of these projects became challenging, the company started divesting these assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries NSE 0.44 % has signed an agreement to sell off the last of its shale gas businesses, upstream assets in the Eagleford in Texas, USA, marking the company&#8217;s exit from the shale gas play in North America, the Mukesh Ambani-led company said late Monday. RIL acquired shale gas assets through joint ventures in the US between 2010-2013, as a part of its global energy portfolio diversification plan, But as shale gas prices corrected and the viability of these projects became challenging, the company started divesting these assets.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-448569","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448569","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=448569"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/448569\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=448569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=448569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=448569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}