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. …
Within the next three to four months, all the 2.5 lakh CNG vehicle drivers in the Capital will be covered by insurance policies with provisions for relief in case of accident, partial disability and permanent disability. Delhi Chief Minister Sheila Dikshit and Union Petroleum and Natural Gas Minister M. Veerappa …
The Supreme Court on Monday issued notices to the government, Reliance Industries (RIL) and Oil Minister Veerappa Moily on a petition that challenges the Cabinet decision to raise natural gas prices and seeks a bigger financial penalty on RIL for alleged suppression of gas output in anticipation of higher prices. …
This, after PIL seeks rethink on govt's decision on gas pricing based on Rangarajan formula The Supreme Court today sought a response from the Centre and Reliance Industries on a public-interest litigation (PIL) filed by CPI leader Gurudas Dasgupta and former power secretary EAS Sarma. The matter is scheduled for …
Taking a serious view of the oil leakage from pipelines maintained by oil companies in north Chennai, the National Green Tribunal, Southern Bench, on Wednesday ordered that top officials of Union Ministry of Petroleum and Natural Gas come and explain the steps taken by them to avoid any mishap. The …
Holding that contamination of drinking water by the oil leak in North Chennai posed serious environment and health hazards to the people, the National Green Tribunal (NGT) on Wednesday directed the petroleum ministry to spell out the measures initiated to rectify the issue. “We direct the Union petroleum ministry to …
Essar, Reliance aim to produce 6.5 mmscmd coal bed methane gas in next two years India’s gas supply is expected to get a boost from coal bed methane (CBM) after the government removed uncertainty over its pricing. Essar Oil and Reliance Industries will add about 6.5 million standard cubic meters …
Cabinet nod to Rangarajan formula; price fixed at $8.4/mBtu The Cabinet Committee on Economic Affairs (CCEA) on Thursday decided to double the price of domestic natural gas, from $4.2 to $8.4 a million British thermal unit (mBtu), from April next year - a decision that might hit the power and …
New Delhi : IN what could spur stagnant domestic production of natural gas, reduce the dependence of power and fertiliser companies on imports of expensive LNG and ease the subsidy burden on the fisc, the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved hiking gas price to $8.4/mmbtu from …
Prices could double by 2014 leading to hike in power tariff and fertilizer cost Despite opposition from within the Cabinet and outside, the Manmohan Singh government on Thursday approved a doubling of natural gas prices from the present $4.2 mbtu to $8.4 mbtu from April 1, 2014. Many experts feel …
The row over the proposed increase in natural gas prices is set to flare up because the petroleum ministry has admitted that the producer price in the new regime starting April 2014 would be at least $8.55 per million British thermal units and not $6.77 per mBtu as indicated earlier. …
Paves the way for a new policy after CCEA approval The Law and Justice Ministry has favoured a stable, five-year gas pricing formula, and also advocated a single price for all sources of gas. This would be put into effect from April 1, 2014, after approval of the Cabinet Committee …
Over the last few months, the ministry of petroleum and natural gas (MoPNG) has cleared around 200 pending management committee (MC) resolutions involving oil and gas blocks operated by both public and private companies, from as far back as 2004. In April alone, around 88 pending MC resolutions were cleared. …
The petroleum and natural gas ministry is expected to move a Cabinet note on gas pricing to the Cabinet Committee on Economic Affairs (CCEA) as early as next week, Veerappa Moily, minister of petroleum and natural gas, told FE. Moily said the the petroleum and natural gas ministry is leaning …
Petroleum and Natural Gas Minister Veerappa Moily, on Tuesday, said various state-run companies in the oil and gas sectors had initiated talks with international players to buy as much as 20 million tonnes (mt) a year of LNG. “India has now become fifth largest importer of LNG after Japan, South …
The ministry will now have to come up with a revised Cabinet note, with fresh suggestions from other ministries There seems to be no end to the domestic gas pricing drama, as a decision on the C Rangarajan committee’s suggestions on pricing couldget delayed further. The petroleum and natural gas …
The Supreme Court has stayed all proceedings in various high courts against moves to decontrol diesel, clearing a big hurdle in the implementation of the liberal fuel policy, which the government said was driven by concerns of fiscal prudence, energy security and freeing up funds for welfare schemes. The government …
Cairn India has written to the oil ministry stating that a large portion of its KG basin block is not conducive for exploration as the cabinet committee on investment (CCI) retained ‘No Go’ restrictions on the middle part of the diagonally square block. The CCI had earlier this year lifted …
Supreme Court judgement dated 09/05/2013 in the matter of Arun Kumar Agrawal vs Union of India & Others on approval granted by GOI for the acquisition of majority stake in Cairn India Limited.
Domestic gas prices may be fixed at $2 lower than the $8.8-per-unit price discovered by the Rangarajan commitee constituted to suggest changes in the production-sharing contract and future domestic gas-pricing mechanism. Sources said the oil ministry agreed to the basic principle of gas pricing suggested by the panel, but wants …
The Supreme Court on Tuesday issued notice to the Centre on the Tamil Nadu government’s writ petition challenging the Centre’s decision to reduce allocation of kerosene to the State by 55 per cent from June 2011, from 65,140 kilo litres to 29,060 KL. A three-judge Bench of Chief Justice Altamas …
