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Govt documents leaked to cos; RIL man among five arrested

In a possible case of corporate espionage, the Delhi Police have detained two petroleum ministry employees and three others for allegedly leaking confidential government documents.

No information having commercial value to it resides with Oil Ministry: RIL

On a day when one of its employees was detained by Police in alleged leakage of official secrets, Reliance Industries on Thursday said no information having commercial consequences to the company resides in the Oil Ministry with which it is in arbitration in several cases.

TDP MPs meet Oil Minister

A delegation of TDP MPs on Thursday met Oil Minister Dharmendra Pradhan with the allegation that guidelines of the Ministry of Petroleum and Natural Gas have been violated for appointing new LPG distributors in Andhra Pradesh and demanded and end to irregularities.

Oil Ministry orders inquiry into GAIL pipeline fire

Oil Minister Dharmendra Pradhan has ordered a high-level inquiry into the GAIL pipeline fire in Andhra Pradesh that killed at least 15 persons.

Oil ministry rebuts Kejriwal claims; says govt to get $2.08 bn

Rebutting Kejriwal`s allegations that gas price hike will benefit Reliance Industries, Oil Ministry said the government will get USD 2.08 billion (Rs 12,900 crore) from doubling of rates.

It`s like Tughlaq rule: Sharad Yadav on petrol issue

Opposing any move to shut petrol pumps during night, JD(U) on Monday hit out at the UPA government, saying its reign is akin to that of medieval Indian ruler Muhammad-bin-Tughlaq, known for his impractical schemes.

Gurudas asks Moily to identify `vested interests`

CPI leader Gurudas Dasgupta on Thursday asked Petroleum Minister M Veerappa Moily to identify the "vested interests" whom he had alleged were influencing to stall decision-making in the oil sector.

PMO returns Oil Ministry note on gas price hike

The Oil Ministry`s note to a Cabinet committee for raising gas prices by at least 60 per cent has been returned by the Prime Minister`s Office.

Cong happy Oil Ministry for ensuring subsidized diesel for fishermen

Congress on Saturday expressed happiness over Oil Ministry exempting fishermen from the category of bulk customer, thereby ensuring that diesel for operating fishermen boats are available at subsidised rates.

Three week delay for issue of new gas connections; no ban

State-owned oil firms are carrying out a massive nationwide exercise to eliminate users having multiple connections at the same addresses.

Bawana power plant to be commissioned next month

The commissioning of the plant will improve the power situation in the city up to a great extent.

CAG pulls up Oil Min for favouring Cairn India

The Comptroller and Auditor General of India has pulled up oil ministry on charges of showing undue favours to Cairn India in going out of its way to grant over 856 sq km of additional area in the oil discovery Rajasthan block.

Fuel price hike likely tomorrow

The Cabinet is likely to discuss on Thursday a Petroleum Ministry proposal for increase in fuel prices.

Oil Ministry receives 12,000 crore cash subsidy

The petroleum ministry has received Rs 12,000 crore ($2.63 billion) as cash subsidy from the finance ministry to compensate the state-run oil marketing companies for selling fuel below the market price.

Oil Min seeks expansion of legal team for gas dispute case

The Petroleum Ministry has sought
expansion of the legal team that is to argue the government`s
stand on the gas dispute between the Ambani brothers before
the Supreme Court beginning next week.

PM asks OilMin, ONGC to re-examine Barmer refinery proposal

Prime Minister Manmohan Singh has
asked Petroleum Ministry and ONGC to re-examine possibility of
setting up a refinery at Barmer district in Rajasthan to
process the crude discovered by Cairn India in the state.

NTPC misleading the govt on gas price: RIL to Oil Ministry

Mukesh Ambani-led RIL on Thursday hit
at state owned NTPC for "misleading" the government by saying
that it was not aware of the condition that the price of gas
to be supplied to it was subject to Centre`s approval.

Surprised by OilMin`s speed in defending RIL costs: ADAG

Anil Ambani group on Thursday said it was surprised at the haste shown by Oil Ministry in defending the "inflated" costs incurred by Mukesh Ambani-led RIL in developing gas fields.

Oil Ministry may file defamation suit against RNRL

The Petroleum Ministry is mulling
filing a defamation suit against an Anil Ambani Group firm
for persisting with "false claims" pertaining to government
revenues from Reliance Industries KG-D6 fields.

ADAG blames OilMin for poor investment in oil & gas

Continuing its attack on Petroleum Ministry, Anil Ambani group criticised it for its failure to attract top global players for oil and gas exploration and production due to lack of sanctity attached to concluded contracts.