India Court Rules Against Reliance in Gas Drilling Dispute

Lock
This article is for subscribers only.

An Indian court Friday ruled against billionaire Mukesh Ambani’s Reliance Industries Ltd. and its partner BP Plc in a gas drilling dispute that’s been going on for more than a decade, according to a lawyer representing the litigant.

A two-judge bench of the Delhi High Court sided with the petroleum ministry, which had argued that the nation’s most valuable company unlawfully extracted natural gas from a neighboring offshore block controlled by state-run Oil & Natural Gas Corp.