Reliance Industries and Cairn
India will help increase nation`s crude oil output by 11 per
cent and natural gas production by 53 per cent in 2009-10, oil
regulator Directorate General Hydrocarbons (DGH) said on Tuesday.
Caught in the bitter Ambani gas dispute and facing CBI probe over allegations of favouring Mukesh Ambani-led RIL, oil regulator V K Sibal may not continue as Director General of Hydrocarbon from next week.
CBI on Wednesday said it was "looking
into" a reference sent by the Central Vigilance Commission for a probe into allegations that oil regulator V K Sibal had received favours from Reliance Industries.
The oil sector regulator V K Sibal
is at the centre of a controversy following allegations that
he had received favour from Mukesh Ambani-led RIL with which
he has been dealing in his official capacity.