Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries’s KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the …
New Delhi Amid the controversy over the pricing of gas at its KG-D6 block, Reliance Industries (RIL) has reiterated its demand for a steep hike in the price in a letter to the prime minister’s economic advisor C Rangarajan. Seeking what is called “import parity price” for domestically-produced gas, the …
New Delhi The petroleum ministry will soon come out with a policy on setting up LNG infrastructure in the country to expedite the development of the domestic gas market, hobbled by the wide gap between demand and indigenous production of the green fuel. While the petroleum and natural gas regulatory …
The Petroleum and Natural Gas Regulatory Board (PNGRB) has fixed the capacity of Reliance Gas Transportation Infrastructure Ltd’s (RGTIL) East-West gas pipeline at 85 million standard cubic meters per day. East-West pipeline, which ferries gas from Reliance Industries’ eastern offshore KG-D6 fields from its landfall point at Kakinada in Andhra …
OMCs use new software to track fake connections The Petroleum and Natural Gas Ministry has launched “Project Lakshya” to reduce waiting time for delivery of LPG cylinders and track duplicate connections, by enrolling the assistance of the National Informatics Centre (NIC) and the Pune-based Centre for Development of Advanced Computing …
New Delhi With Reliance Industries' KG-D6 gas field output dipping sharply, the oil ministry has proposed to roster supplies to power plants to ensure better availability of the fuel. Natural Gas production from KG-D6 block has dropped to 25.35 million standard cubic meters a day this month, from over 63 …
The Union Environment and Forests Ministry will take up with the Ministry of Petroleum and Natural Gas the issue of according systemic protocol for monitoring pipelines to prevent oil spill, Union Minister of State for Environment and Forests Jayanthi Natarajan said here on Tuesday. Taking suo motu cognisance of a …
Contrary to its assertion that it was ready for an audit by the CAG), RIL had sought to lay down conditions on an audit of the KG-D6 block, including one that the report should not be tabled in Parliament, making it virtually impossible for a “proper or transparent” audit to …
RIL had sought, inter alia, to restrict KG-D6 block audit to accounting books and records Refusing the demands of the Mukesh-Ambani-owned Reliance Industries Limited (RIL), the Comptroller and Auditor General (CAG) has stated that the operator’s “restrictive conditions” for carrying out an audit of the KG-D6 offshore block “impinge upon …
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 …
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. …
On poll eve, government in rethink mode Faced with increasing political heat and criticism within the party and outside, the Manmohan Singh government has put on hold the Rs. 26.50 hike in the price of non-subsidised LPG cylinders. It is also reviewing the cap of six LPG cylinders allowed to …
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 …
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 …
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 …
New Delhi That several large power and fertiliser projects are stuck for want of gas/coal linkage is known, but even the ambitious Delhi Mumbai Industrial Corridor (DMIC) has run into a hurdle for the same reason. The DMIC project includes six gas-based power projects of about 12,000 MW capacity along …
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 …
RELIANCE SHARES GAIN Opposition slams govt for ‘shunting out AP politician under corporate pressure’ Jaipal Reddy’s removal from the oil ministry has created a political storm, with rivals of the ruling party alleging that corporate pressures orchestrated his departure while market analysts said the change may augur well for private …
New Delhi: The single biggest surprise on Sunday was easily S Jaipal Reddy’s transfer from the petroleum ministry, with many viewing it through the prism of his runins with corporate interests. Although the affable Reddy is expected to take up his new assignment at the science and technology ministry on …
New Delhi Petrol price will be hiked by 30 paise per litre and diesel by 18 paise a litre after the government decided to increase the commission paid to petrol pump dealers. The petroleum ministry on Thursday decided to increase the dealer commission on petrol from R1.499 per litre to …
