Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
The commissioning of the natural gas pipeline of Gas Authority of India Ltd (GAIL) will be subject to the approval of the Oil Industries Safety Directorate (OISD), according to officials of GAIL. Speaking at a meeting convened by District Collector Rathan Kelkar here on Wednesday on the laying of natural …
Amidst a row over CAG audit of Reliance Industries’ KG-D6 gas block, the Rangarajan Committee has said official auditor CAG need not audit RIL’s CBM blocks as they are governed by different contractual regime. A panel headed by Chairman of Prime Minister’s Economic Advisory Council, C Rangarajan, said in its …
A panel headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan has proposed creating a mechanism to carry out "concurrent audit" of blocks where companies have invested over $1 billion, enabling the government to keep a real-time vigil on the books of oil and gas producers. "(In cases) where …
The panel, headed by Prime Minister’s Economic Advisory Council Chairman C Rangarajan, was tasked to suggest design of future contracts for exploration and production of oil and gas The Rangarajan committee is believed to have suggested a complex pricing formula that will lead to near-doubling of the natural gas price …
The oil ministry has approved further exploration in Cairn India's operational oilfields in Rajasthan to increase production. “The proposal was pending with us for more than one and a half years. According to the existing PSC, the contractors are not prohibited for exploration in producing fields, however, we have given …
The fertiliser ministry has opposed Reliance Industries' demand for hiking the KG-D6 gas price in line with the Asian LNG spot price, effective from April 2014. The ministry wants the price to be not more than $8/mmBtu. RIL pitched for the gas price, post March 2014, to be about 10% …
The 879-km Phase-II pipeline to Mangalore and Bangalore in Karnataka is under implementation and “the actual physical progress of the project is 64.1 per cent” State-owned GAIL India Ltd has completed the first phase of pipeline that will connect the upcoming LNG import facility at Kochi to consumers in Karnataka …
The Gas Authority of India Limited (GAIL) has commenced reassessment of compensation to around 650 farmers in Tirupur district on whose land through which it would be laying underground pipeline to take liquefied natural gas from Kochi to Bangalore. “This exercise is taken up only with an aim to enhance …
The C Rangarajan panel, which is likely to give its report on the licensing of oil and gas fields in a week, is expected to favour production-linked payment for profit-sharing between the government and oil explorers, replacing the existing system of linking it to investments. Currently, producers can decide whether …
Integrated refinery expansion project gets environmental clearance Kochi Refinery Ltd (KRL), which is embarking on big-ticket expansion plans in the southern state of Kerala, has received the crucial green clearance from the Union ministry of environment & forests last month. This will help the company to go ahead with the …
The environment ministry has simplified the procedures for granting clearances to special economic zones as it seeks to shed the anti-industry image. A recent order issued by the environment ministry states that the environmental clearance process for SEZs will now follow the system laid out for National Industrial and Manufacturing …
Close on the heels of the government rejecting the standing committee on finance's decision to keep 26% FDI cap in the insurance sector, fresh tension is brewing between the parliamentary panel on petroleum and natural gas and the Centre over a proposal to limit the sale of subsidised cooking gas …
The committee for strict monitoring of KG D6 block operator The Parliamentary Standing Committee on Petroleum and Natural Gas has expressed its disappointment over the Petroleum Ministry’s failure to initiate penal action against Reliance Industries Ltd. (RIL) for its failure to achieve the production outlined under the Field Development Plan …
Petronet LNG has gained 31.5 per cent since the closing lows of Rs 122.77 in May. The rise comes on the back of benefits accruing to the company from the steady rise in demand for gas. The supply, however, has been limited, given the falling production from the Krishna-Godavari (KG) …
Though the work at 5-MTPA Kochi terminal is likely to be completed in the current fiscal (FY13), the non-availability of pipeline infrastructure will limit the benefits Petronet LNG has gained more than 32 per cent since the closing lows of Rs 122.77 in May 2012. The rise comes on the …
Stating that Reliance Industries Limited (RIL) had not granted full access to KG-D6 block records to Comptroller and Auditor General (CAG), Petroleum and Natural Gas Minister M. Veerappa Moily, on Tuesday, told Parliament that CAG had said that since full access to KG-D6 records was pending, the Petroleum Ministry should …
The Kerala High Court has directed the Union Ministry of Environment and Forests and the State Government to file an affidavit in response to a writ petition seeking steps to prevent any possible chemical accidents on the site and off site project areas of the Petronet LNG terminal here. A …
The Union Ministry of Environment and Forests has cleared Bharat Petroleum Corporation Limited’s Kochi refinery expansion, paving the way for the facility here to become the largest public sector refinery in the country. Completion of the Integrated Refinery Expansion Project will take the capacity of the refinery to 15.5 million …
Oil marketing companies have to mix 5% ethanol with petrol;CCEA approves market-based pricing of the biofuel The Cabinet Committee on Economic Affairs (CCEA) has made it mandatory for oil marketing companies (OMCs) Bharat Petroleum,Hindustan Petroleum and Indian Oil Corporation to blend 5% ethanol with petrol.This is likely to reduce the …
EU politicians rejected a ban on shale gas, while calling for a robust regulatory regime to address environmental and other concerns, in a series of votes on Wednesday in the European Parliament. A shale gas revolution has swept the United States, lowering gas prices and helping to displace more polluting …
