Reliance Industries Limited (NSEI:RELIANCE) recently stated that it would sell its remaining shale gas assets in the United States — if any company makes it an “attractive offer”. The company has invested more than $9 billion in the USA since 2010. Recently, the company's Joint Chief Financial Officer Srikanth Venkatachari said the company was not a distress seller of its shale gas assets and at the same time is not looking to acquire any more assets.

At present, RIL owns 45 per cent stake in Pioneer Natural Resources' Eagle Ford shale block and 40 per cent stake in Chevron's asset.