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Audit should not hurt pvt sector: Manmohan Singh had told CAG

As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should......

Radia Tapes: CBI registers eight fresh preliminary enquiries

The Central Bureau of Investigation on Wednesday registered eight more preliminary enquiries in connection with issues related to intercepted phone calls of lobbyist Niira Radia against former......

Haryana govt chargesheets whistleblower IAS officer Khemka

Cracking the whip on whistleblower IAS officer Ashok Khemka, the Haryana government has decided to charge sheet him for alleged administrative misconduct in cancelling the mutation of the land deal......

RIL row: 'Govt took decisions without fear or favour'

The government on Thursday strongly rebutted allegations of it showing favouritism towards Reliance Industries, saying decisions were taken objectively without fear or favour and that it had way......

RIL's KG-D6 spend exceeds approved limit: CAG audit

The govt auditor also indicts DGH and management committee of D1 and D3 fields The Mukesh Ambani-controlled Reliance Industries Ltd (RIL) could have exceeded the approved spending limit at its......

'CBI cases, CAG comments led to policy paralysis in Oil Min'

CBI cases against DGH and adverse comments by CAG had led to near policy paralysis in the oil ministry, its Joint Secretary (Exploration) has said. In a presentation to investors in Mumbai last......

The saga of alleged link between V K Sibal and RIL

Former director general of hydrocarbons (DGH) V K Sibal has come under the Supreme Court’s (SC’s) scanner for allegedly extending favours to Reliance Industries Ltd (RIL). Now, the......

Blow to RIL: Panel refuses to take view on experts' appointment

In a blow to Reliance Industries, an oversight panel headed by oil regulator DGH on Tuesday refused to take a view on appointing independent international experts to validate reasons for the fall......

DGH for $792 mn more penalty on RIL

Oil regulator DGH has recommended an additional penalty of $792 million on Reliance Industries for producing less than the projected natural gas from its eastern offshore KG-D6 fields. The......
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Oil ministry moots major E&P reforms

In a major policy overhaul, the Narendra Modi government is radically changing the way hydrocarbon contracts are designed and awarded, and is also... ...

http://www.financialexpress.com/article/economy/oil-ministry-moots-major-ep-reforms/69107/
Oil Ministry wants BP to furnish bank guarantee for jet fuel licence

For a licence to retail auto fuels petrol, diesel and ATF, a company should have invested a minimum of Rs 2,000 crore in exploration or production,... ...

http://www.dnaindia.com/money/report-oil-ministry-wants-bp-to-furnish-bank-guarantee-for-jet-fuel-licence-2082752
PM Modi brings about sea change in energy sector

The Modi government also made its mark in the hydrocarbon sector with a bang. The National Democratic Alliance (NDA) government shot down the... ...

http://indiatoday.intoday.in/story/narendra-modi-nda-energy-sector-hydrocarbon-petrol-diesel-gas-prices/1/433282.html
Govt eases norms for oil, gas fields development

NEW DELHI: The government on Wednesday approved a policy for determining commercial viability of oil and gas finds, giving explorers flexibility on... ...

http://timesofindia.indiatimes.com/business/india-business/Govt-eases-norms-for-oil-gas-fields-development/articleshow/47102430.cms
CCEA proposes three options for testing reserves of Nelp blocks

The new policy will settle the long-pending issue with regard to 12 discoveries in five blocks that together hold almost 90 billion cubic metres of... ...

http://www.livemint.com/Politics/Jnqu2OVdFgMBEjz5EGpohN/CCEA-proposes-three-options-for-testing-reserves-of-Nelp-blo.html

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