oil-ministry - Latest News on oil-ministry | Read Breaking News on Zee News
Setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order

Setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order

Last Updated: Tuesday, August 19, 2014, 16:26

GAIL and CPCL have expressed their inability to deduct USD 115 million from the amount due to Reliance Industries.

OilMin rebukes ONGC for making "frivolous allegations"

OilMin rebukes ONGC for making "frivolous allegations"

Last Updated: Monday, August 18, 2014, 19:41

ONGC had on May 15 filed a petition in the Delhi High Court alleging that RIL may have drawn natural gas worth thousands of crores of rupees from its fields that sit next to Mukesh Ambani-run firm's KG-D6 block Krishna Godavari basin.

OilMin says negligence caused fire at GAIL pipeline in Andhra

Last Updated: Sunday, August 17, 2014, 22:59

The Petroleum Ministry has blamed negligence for causing the devastating fire at state-owned gas transporter GAIL India Ltd's gas pipeline in Andhra Pradesh that killed 22 people.

RIL marked all correspondence with Oil Min, DGH

Last Updated: Thursday, August 07, 2014, 18:49

Reliance Industries had marked all copies of its correspondence with the Supreme Court-appointed Tribunal on KG-D6 cost recovery issue to the Oil Ministry and its technical arm DGH.

DGH rejects ONGC's three KG gas discoveries

Last Updated: Sunday, August 03, 2014, 13:07

Sources said the ministry feels that taking away the discoveries and rebidding the finds may lead to delay in development. Also, the move may attract legal challenge.

Oil Ministry wants RIL to sell gas at $4.2; $6-6.5 price for others

Last Updated: Sunday, August 03, 2014, 11:31

The new rates were to apply for gas from currently producing MA field in the same KG-D6 block as the government had accepted geological reasons forwarded by RIL for its output lagging targets.

Oil Min proposes gas price of $6-6.5 per unit, RIL may be denied new price

Last Updated: Saturday, August 02, 2014, 10:24

More than a month after it deferred a decision on raising natural gas prices, the Government on Friday said it has not taken a final decision on the issue yet.

TDP MPs meet Oil Minister

Last Updated: Friday, August 01, 2014, 01:24

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.

Govt seeks Rs 15,546-crore fuel subsidy from upstream cos

Last Updated: Thursday, July 31, 2014, 12:58

Indian Oil Corp (IOC) will get Rs 8,107 crore from upstream firms in fuel subsidy support for the first quarter while Hindustan Petroleum Corp Ltd (HPCL) will get Rs 3,608.88 crore.

Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020

Last Updated: Sunday, July 27, 2014, 16:26

Sources said as a licensee, ONGC has concerns on royalty which it would be like to be addressed at the time of extension.

KG-D6 case: Oil Min says it challenged McHugh decision to return

Last Updated: Wednesday, July 23, 2014, 17:16

Former Australian judge Michael McHugh had to quit as chairman of an arbitral tribunal in the Reliance Industries' KG-D6 cost recovery dispute as Oil Ministry challenged his decision to return after he initially withdrew from the post.

CAG flays govt's fuel pricing policy; says RIL, Essar Oil given undue benefits of Rs 667 cr

Last Updated: Friday, July 18, 2014, 18:30

State-owned fuel retailers buy diesel from private refiners as their own production is insufficient to meet domestic demand.