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Cabinet Secretariat rejects Oil Ministry's proposal on gas prices
Oil Ministry's proposal for an across-the-board near doubling of natural gas prices has been rejected by the Cabinet Secretariat saying a ministerial panel headed by Defence Minister A K Antony did not have powers to do so. #NewsTracker #Oil Ministry #Natural gas pricing #Cabinet Panel
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Oil regulator wants RIL to give up 86% of KG-D6 area
The DGH has stated that the company should contractually give up 6,601 sq km out of the total 7,645 sq km total area in the block. #Reliance Industries #Oil Ministry #DGH #KG-D6 #CompanyWatch
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CAG to check propriety of RIL spending on KG-D6: Oil Min
As CAG gets ready to resume audit of Reliance Industries' spending on KG-D6 gas block, the Oil Ministry has set rules of engagement for the scrutiny saying the auditor will examine propriety of expenses as has been set out in the PSC. #CAG #Oil Ministry #TheySaidIt #RIL #PErformance Audit #Financial Audit
Wire
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Calcutta Telegraph
Nagaland oil plan junked
New Delhi, June 18: The Centre has struck down as unconstitutional the Nagaland government’s attempts to get companies of its own choice to explore, produce and bottle petroleum and natural gas found in the state. The state government had put out an adve #Nagaland #New Delhi #Assam
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Calcutta Telegraph
Move to up gas price gets a shock
New Delhi, June 19: The power ministry has come out strongly against attempts by the petroleum ministry to raise gas prices from $4.2 per mBtu (million British thermal unit) to $6.77 per mBtu. In a note sent to the Prime Minister’s Office as well as the #New Delhi #Veerappa Moily
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Economic Times
Oil import lobbies threaten ministry, says Veerappa Moily
NEW DELHI: Oil Minister Veerappa Moily has said India's energy exploration activities are suffering because of "bureaucratic obstructions" and ministers are "threatened" by the oil and gas import lobbies, which wants India to remain dependent on energy i #Veerappa Moily #New Delhi #India




