Petrochemical Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

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 …

World’s top oil companies struggle to increase output

London The world's top oil and gas firms are struggling to deliver the output growth they need to outpace the burgeoning cost of exploration and development. Third-quarter results from Exxon Mobil, Royal Dutch Shell and other top international players released over the past few days mostly beat expectations thanks to …

PIL on LPG Crisis: Union petroleum ministry, oil companies arrayed as parties

HC to pass orders today SRINAGAR, Nov 2: After considering the affidavits filed by the state government in a Public Interest Litigation (PIL) on LPG crisis in the state, the High Court today said it will pass appropriate orders tomorrow. Meanwhile, the division bench comprising Justice Muhammad Yaqoob Mir and …

CAG draws line on RIL: Full access, free audit

New Delhi: A day after the petroleum ministry had to cancel a meeting between officials of Reliance Industries Limited and the comptroller and auditor general (CAG), the auditor asserted that it was entitled to access all documents related to RIL’s contract with the government for exploration of KG basin gas. …

No proposal to raise RIL gas price till 2014, says OilMin

Says DGH examining company plan to bring back reserves to 3.4 tcf A day after being criticised by India Against Corruption (IAC), the government came out strongly against media reports related to its audit and gas pricing of the KG-D6 block, operated by Reliance Industries Limited (RIL). The government reiterated …

CAG brushes aside terms set by RIL

The audit of the contractor's accounting books and records ..will be an independent stand-alone audit as contemplated by the PSC and subject to confidentiality arrangements between the parties to the PSC which includes the Government The office of the Comptroller and Auditor General of India (CAG) said on Thursday it …

After change of guard, CAG-RIL meet on audit issue postponed

The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to …

Why prop up RIL and let down NTPC, Kejriwal asks Manmohan

PM “sympathetic” to Reliance Industries’ demand for gas price revision India Against Corruption alleged on Wednesday that Prime Minister Manmohan Singh was batting for corporate houses, and the PMO was very “sympathetic” to Reliance Industries Limited’s demand for a revision in the gas price. “RIL’s request for an increase in …

Kejriwal trains his guns on RIL, wants gas pact cancelled

Attributes Jaipal’s ouster to his refusal to carry out Mukesh Ambani’s diktat India Against Corruption on Wednesday launched a scathing attack on the NDA government as well as the Manmohan Singh government for protecting the interests of corporates, especially Reliance Industries Limited (RIL). It demanded that the government’s contract with …

Reddy red-flagged RIL gas price hike to EGoM

New Delhi In his last days at the Union petroleum ministry, S Jaipal Reddy had reiterated his opposition to a hike in the price of natural gas from the current $4.2 per unit at Reliance Industries’ KG-D6 block. If the company’s demand for price revision is accepted now, the exchequer …

Green shoots of infra rebound emerge

Experts feel there is definitely more activity on the ground now compared to a year ago. Public sector enterprises have started spending on projects and are also ordering equipment Amid signs of a revival in the industrial cycle, the capex plans of large companies such as Reliance Industries are creating …

RIL demand for not placing CAG audit report before Parliament rejected

Rejecting the contention that Reliance Industries Limited (RIL) has been given any kind of leverage in grant of approvals, the Central Government, on Thursday, asserted that not only it had turned down RIL’s demand that the CAG audit report, when finalised, not be placed before Parliament but also pressurised it …

India's gas production declines 15% as Reliance Industries lags

New Delhi India's natural gas production dropped nearly 15 per cent in September as Reliance Industries eastern offshore KG-D6 field continue to decline. Gas production at 3.36 billion cubic meters in September was 14.8 per cent lower than 3.95 bcm a year ago, according to latest data released by the …

Louisiana requests trial to decide $1 billion spill claim against BP

The state of Louisiana has asked a federal judge to declare a jury trial to decide on its claim for more than $1 billion from BP Plc to compensate the state for economic losses resulting from the 2010 Deepwater Horizon oil spill. In a filing on Wednesday, Louisiana Attorney General …

Oil companies going unpunished for thousands of North Sea spills

Fines issued for only seven of 4,123 oil spills since 2000, with no company having to pay more than £20,000 Oil companies operating in the North Sea have been fined for oil spills on just seven occasions since 2000, even though 4,123 separate spills were recorded over the same period, …

Cairn, partners to invest Rs 530 cr in Ravva field

While announcing its results, Cairn India had said, a ?high-value, high-risk? prospect had been identified in the Ravva field Cairn India, along with its partners Ravva Oil, Oil and Natural Gas Corporation (ONGC) and Videocon Industries, plans to invest about Rs 530 crore in new wells, which would help boost …

Petronet looking for strategic partner for LNG project

Petronet LNG, at present, has long-term agreements with foreign companies for supply of LNG for the existing Dahej and Kochi LNG terminals. Petronet LNG Limited is looking for a strategic foreign partner for implementing its Rs 4,500-crore Gangavaram LNG project in Andhra Pradesh. “We are looking for more supplies to …

Govt okays Reliance plan to boost KG-D6 output

After months of intense stand-off, the oil ministry has given nod to Reliance Industries’ plans to raise natural gas output from the flagging KG-D6 oilfield and agreed the Comptroller & Auditor General of India could not do a performance audit of the company. The ministry sent a letter on Tuesday …

GSPC should stop foreign ops, exploration’

Says A Govt Proposal That Is Being Touted As Only Viable Biz Model For The PSU Gandhinagar: Only a viable business model, which includes stopping some of the unprofitable foreign operations immediately where huge sums have gone down the drain and progressively getting out of its other oil-and-gas explorations, can …

UK public favours wind turbines over shale gas wells, poll finds

More than two-thirds of people would rather have a wind turbine than a shale gas well near their home, according to a new opinion poll published on Tuesday. Asked to choose between having the two energy sources within two miles of their home, 67% of respondents favoured a turbine, compared …

Nine subsidised cooking gas cylinders for all households

Government, oil companies to work out modalities The Cabinet on Wednesday decided to provide subsidy for up to nine cylinders of cooking gas (LPG) a year to all domestic consumers. Chief Minister Oommen Chandy told the media here after the weekly Cabinet meeting that the Centre was providing subsidy for …

  1. 1
  2. ...
  3. 25
  4. 26
  5. 27
  6. 28
  7. 29
  8. ...
  9. 65

IEP content by date loading...
IEP child categories loading...