Ministry asks RIL to give up 80% of KG-D6 block
Five surrendered discoveries to be put up for competitive bidding Reliance Industries Ltd (RIL), India's largest private sector company, might find this difficult to digest. The petroleum ministry has...
View ArticleGive states half of gas produced there: Panel
Hyderabad : The Parliamentary Standing Committee on Petroleum and Natural Gas has said the states where gas production is taking place should be given at least 50% of the total quantity produced besides
View ArticleCGD entities across country to get gas at uniform price: Centre to Gujarat HC
Central govt issues guidelines to GAIL in compliance with Gujarat HC order. Following the Gujarat High Court directive of supplying compressed natural gas (CNG) to Gujarat at the same rate as Mumbai and
View ArticleAllocation and pricing of gas: Standing Committee on Petroleum & Natural...
Standing Committee on Petroleum & Natural Gas present this Nineteenth Report on "Allocation and Pricing of Gas". The Committee took evidence of the representatives of the Ministry of Petroleum...
View ArticleHigher gas price for RIL gets Cabinet nod
Company to furnish $135 m bank guarantee every quarter The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved giving Reliance Industries Ltd. (RIL) a higher price for natural gas from...
View ArticleMoEF blames ONGC for Uran oil spill
New Delhi: The Union environment ministry has indicted ONGC for the oil spill that was reported off the Uran coast near Mumbai in October. It has asked the petroleum ministry to take action against those
View ArticleExploration Policy Gives More Power to Energy Companies
Permits operators to club discoveries of 2 or more blocks for optimum output India’s proposed exploration policy seeks to give energy companies greater flexibility by eliminating the key role of the...
View ArticleIndian Petroleum & Natural Gas Statistics 2012-13
The Ministry of Petroleum & Natural Gas has been publishing its annual bulletin “Indian Petroleum & Natural Gas Statistics” since 1967 containing comprehensive information on the Oil & Gas...
View ArticleGuj HC issues notice to petroleum ministry over CNG supply
Notice issued to MoPNG on a contempt plea filed by Dhrangadhra Prakrutik Mandal Gujarat High Court on Tuesday issued notice to the ministry of petroleum and natural gas (MoPNG) on a contempt plea filed...
View ArticleRangarajan’s formula for KG gas price not a reality for DGH yet
The government may have approved the Rangarajan formula that could nearly double the price of domestically produced natural gas starting FY14 given the current rates of benchmark prices cited, but the
View ArticleKelkar panel backs production-sharing model for gas and oil exploration
The committee led by former finance secretary Vijay Kelkar, tasked to come up with recommendations for making India energy independent, has suggested the continuation of the current production-sharing
View ArticleMoily sets up team to reassess hydrocarbon resources
Moving to re-assess the oil and gas potential of the country, Petroleum and Natural Gas Minister Veerappa Moily on Monday announced setting up of a Multi Organisation Team (MOT) to carry out the...
View ArticleHC stays petroleum regulation board’s order against RGTIL
The Delhi High court on Wednesday issued a stay on an order issued in November by the Petroleum and Natural Gas Regulation Board for “virtual transport” of Liquified Natural Gas from the west coast to
View ArticleHC notices to GGCL, govt on cheaper gas issue
SURAT: Gujarat high court on Thursday issued notices to the ministry of petroleum, Government of India, GAIL and Gujarat Gas Company Limited (GGCL) in a petition filed by Surat Citizen Council Trust...
View ArticleMinistry Seeks Cabinet Nod for Open Licensing Policy with Nelp
The oil ministry that has approached the Cabinet for its approval to launch the next round of annual oil and gas block auctions is simultaneously seeking its clearance for a policy that would allow...
View ArticleAAP Wants More CNG for Transport
The Delhi government headed by the Aam Admi Party wants the Supreme Court to hold two Union petroleum ministry officials guilty of contempt over what it says is the inadequate allocation of compressed
View ArticleCentre for Science and Environment (CSE) welcomes Mr Moily’s decision to...
CSE welcomes decision of the oil and environment minister Veerappa Moily to reduce the price of compressed natural gas (CNG) by Rs 15 per kg in Delhi. This amounts to a cut of almost 30 per cent in...
View ArticleCNG, piped gas set to be cheaper across India
Govt to meet city distribution firms' full requirement through domestic gas; prices fall 30% in Delhi In a move that will bring down the prices of compressed natural gas and (CNG) for transport and...
View ArticleBabus not keen to ride Moily bus
Seems like oil minister Veerappa Moily doesn’t like travelling alone on public transport. The transport commissioner has written to all Delhi government departments, including universities and colleges,
View ArticleCAG Seeks Explanations For Delay in KG-D6 Audit
The Comptroller & Auditor General (CAG) of India has asked the oil ministry to explain the delay in approving audited accounts of Reliance Industries-operated KG-D6 block since 2008-09, which the...
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