For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
The company will invest $747 mn to increase production from D1, D3 and MA fields.
This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.
The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.
BP and Reliance Industries Ltd are leading the race to pick up a 25 per cent stake in Gujarat State Petronet Corporation and the Adani group's five million tonnes per annum liquefied natural gas terminal at Mundra.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
For simplification and a sharper strategic focus, BHP Billiton has been reassessing its global assets portfolio.
Star ratings would be applicable for diesel pumps in the agriculture sector.
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Investment can only be by prospective dealers.
Delhi Pollution Control Committee has asked water & electricity providers to cut supply
Could get $8.4 per mmBtu from April 2014 by furnishing bank guarantee that would be encashed if D1, D3 gas hoarding proved
Yamal LNG is a joint venture owned by OAO Novatek with 80 per cent and Total S A holding 20 per cent stake OAO Novatek holds 60 per cent stake in Yamal LNG, while Total S A and China National Petroleum Corp hold 20 per cent each
The run-up to next year's general elections might see some of the top executives of government-run companies getting unlucky. And, the period could become the best in the lives of those waiting in the wings.
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The 25-year production sharing contract, however, ends in 2029.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
Keeps open the option to make payments in yen or yuan in the face of sanctions
On the other hand, wages in the UK and US are projected to rise by a third by 2030
According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.
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