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Supreme Court judgement dated 09/05/2013 in the matter of Arun Kumar Agrawal...

Supreme Court judgement dated 09/05/2013 in the matter of Arun Kumar Agrawal vs Union of India & Others on approval granted by GOI for the acquisition of majority stake in Cairn India...

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OilMin back to the table on gas pricing

The ministry will now have to come up with a revised Cabinet note, with fresh suggestions from other ministries

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India to import 20 mt of LNG: Moily

Petroleum and Natural Gas Minister Veerappa Moily, on Tuesday, said various state-run companies in the oil and gas sectors had initiated talks with international players to buy as much as 20 millio

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Pressured by PM, Cabinet may decide on natural gas pricing next week

The petroleum and natural gas ministry is expected to move a Cabinet note on gas pricing to the Cabinet Committee on Economic Affairs (CCEA) as early as next week, Veerappa Moily, minister of petro

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Oil ministry clears $10 bn worth of pending projects

Over the last few months, the ministry of petroleum and natural gas (MoPNG) has cleared around 200 pending management committee (MC) resolutions involving oil and gas blocks operated by both public

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Law Ministry for 5-year gas pricing regime

Paves the way for a new policy after CCEA approvalThe Law and Justice Ministry has favoured a stable, five-year gas pricing formula, and also advocated a single price for all sources of gas. This would...

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Gas producer price in new regime to be $8.55: Petroleum Ministry

The row over the proposed increase in natural gas prices is set to flare up because the petroleum ministry has admitted that the producer price in the new regime starting April 2014 would be at lea

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Domestic natural gas price doubled

Cabinet nod to Rangarajan formula; price fixed at $8.4/mBtuThe Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to double the price of domestic natural gas, from $4.2 to $8.4 a million...

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Govt pumps up reforms, okays $8.4 price for gas

New Delhi : IN what could spur stagnant domestic production of natural gas, reduce the dependence of power and fertiliser companies on imports of expensive LNG and ease the subsidy burden on the fi

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Despite opposition, Cabinet approves gas price increase

Prices could double by 2014 leading to hike in power tariff and fertilizer costDespite opposition from within the Cabinet and outside, the Manmohan Singh government on Thursday approved a doubling of...

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New Gas Pricing Formula to Boost CBM Production

Essar, Reliance aim to produce 6.5 mmscmd coal bed methane gas in next two years

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NGT directed petroleum ministry to spell out steps taken on oil leak

Holding that contamination of drinking water by the oil leak in North Chennai posed serious environment and health hazards to the people, the National Green Tribunal (NGT) on Wednesday directed the

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Explain measures to avoid oil leakage: NGT

Taking a serious view of the oil leakage from pipelines maintained by oil companies in north Chennai, the National Green Tribunal, Southern Bench, on Wednesday ordered that top officials of Union M

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SC seeks response from Centre, RIL, Moily on gas pricing

This, after PIL seeks rethink on govt's decision on gas pricing based on Rangarajan formulaThe Supreme Court today sought a response from the Centre and Reliance Industries on a public-interest...

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Supreme Court Sends Notice to Moily & RIL on Gas Price Hike

The Supreme Court on Monday issued notices to the government, Reliance Industries (RIL) and Oil Minister Veerappa Moily on a petition that challenges the Cabinet decision to raise natural gas price

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CNG vehicle drivers in Delhi to get insurance cover

Within the next three to four months, all the 2.5 lakh CNG vehicle drivers in the Capital will be covered by insurance policies with provisions for relief in case of accident, partial disability an

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Oil leak companies plan to shift pipelines: Centre to HC

The Union ministry of petroleum and natural gas on Monday told the Southern Bench of the National Green Tribunal that the oil companies are contemplating shifting some of the pipelines from certain

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Parliament report seeks review of increase in gas price

It suggested a comprehensive technical study on cost estimates of gas production, covering the aspects of cost recovery and technical parametersParliament’s standing committee on finance, headed by...

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Report confirms oil leak contaminated groundwater

“Presence of highly inflammable products can result in explosions in Tondiarpet”A preliminary investigation report on the recent oil leakage in Tondiarpet found that the groundwater in the north...

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IIT Madras confirms groundwater contamination in Tondiarpet

The groundwater in sample-tested areas of Tondiarpet, where an oil leak from a pipeline was reported in July, is severely contaminated with petroleum products, an IIT Madras team has said in its pr

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