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Oil Ministry suspends ONGC director Shashi Shankar over alleged irregularities

Feb 24, 2015

Oil Ministry suspends ONGC director Shashi Shankar over alleged irregularities

Shankar, who turns 54 on Monday, is the youngest director on the board of the nation's most profitable oil company. He was appointed Director (Technical and Field Services) on 1 February last year. #NewsTracker #Oil Ministry #ONGC #Vigilance Department #tender
Oil ministry leak: Mystery fire at Metis Energy office damages assets

Feb 23, 2015

Oil ministry leak: Mystery fire at Metis Energy office damages assets

A day after arrest of its chief executive Jain in the corporate espionage scam, Metis Energy, on 19 February, sent an e-mail to its clients, saying the daily newsletter on happenings in oil and gas and power sectors will not be delivered for next one week because of a "fire" at its office. #Reliance Industries #Essar Group #NewsTracker #Reliance Anil Dhirubhai Ambani Group #NTPC #ICICI Bank #ONGC #IOC #Cairn India #Jubilant Energy #Prayas Jain #Metis Energy
India's new gas pricing formula makes no sense, says energy expert Fereidun Fesharaki

Feb 18, 2015

India's new gas pricing formula makes no sense, says energy expert Fereidun Fesharaki

Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors. #Reliance Industries #UPA #US #Delhi #Russia #ONGC #LNG #OPEC #RIL #Cairn India #gas #Saudi Arabia #Canada #NELP #Tapi #Turkmenistan-Afghanistan-Pakistan-India #PM Modi #GPSC #FACTS Global Energy #Fereidun Fesharaki #Henry Hub
Oil Ministry clears development of discoveries worth Rs 1.5 lakh cr

Feb 17, 2015

Oil Ministry clears development of discoveries worth Rs 1.5 lakh cr

Ending months of logjam over discoveries mired in contractual disputes, the Oil Ministry has used the recently granted freedom to clear development of oil and gas discoveries worth about Rs 150,000 crore. #Reliance Industries #Oil Ministry #ONGC #DGH #PSC #Gujarat State Petroleum Corp #Oil & Gas #hydrocarbon discovery #declaration of commerciality
Sensex gains 41 points in fifth day of rise, eyes glued on Greece

Feb 16, 2015

Sensex gains 41 points in fifth day of rise, eyes glued on Greece

The 30-share Sensex hit a session high of 29,325.35 in the first half but succumbed to profit-booking at fag-end and slipped into the negative zone as it hit a low of 29,083.40. #Investing #Sensex #Inflation #Tata Steel #Tata Motors #Greece #NTPC #Capital goods #ONGC #Wholesale price index #Eurozone #BSE #realty #MarketClose #Yanis Varoufakis

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Memo to Sebi: Is govt licensed to rob minority investors?

Sep 26, 2011

Memo to Sebi: Is govt licensed to rob minority investors?

If a private group were to happily transfer money from one company to another Sebi would pounce on them. Why isn't it doing so with government companies? #ONGC #Indian Oil #GAIL #Thats Just Wrong #BPCL #HPCL #Oil India