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Message: Reliance Ind in talks for U.S. shale assets-sources

Reliance Ind in talks for U.S. shale assets-sources2 minutes ago via Thomson Reuters

MUMBAI, June 10 (Reuters) - Indian energy major Reliance Industries <RELI.BO> is in talks to buy a stake in the shale gas assets of U.S.-based Pioneer Natural Resources <PXD.N>, two sources familiar with the matter said on Thursday.

Reliance, India's largest listed conglomerate controlled by billionaire Mukesh Ambani, is also talking to several other firms for buying shale gas assets, the sources said. They declined to be named as they were not authorised to speak with the media. (Reporting by Pratish Narayanan; Editing by Unnikrishnan Nair)

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