The petroleum ministry has told ONGC to give away 60%stake plus operating control in India's largest oil and gas producing fields of Mumbai High and Bassein to foreign companies, according to an October 28 letter to the state-owned company. Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, wrote a 3-page letter to ONGC chairman and managing director Subhash Kumar, saying productivity of the Mumbai High and Bassein & Satellite (B&S) offshore assets under state-owned firm was low and international partners should be invited and given 60 per cent participating interest (PI) and operatorship. This is the second time since April that Nath, who is part of the ONGC management as the longest-serving government nominee director on its board and often considered a potential candidate to replace Kumar next year, has written an official letter, painting a poor picture of the company's performance.
Madhya Pradesh minister Kusum Mahdele, who was caught on camera purportedly kicking a boy, on Monday sought to defend herself by saying that the video being played on news channels was an "absolute lie", even as the Congress and the Aam Aadmi Party demanded her resignation over the issue.
From teenagers in New Jersey and New Delhi to a leather bag shop owner in Mumbai's Heera Panna, they've cocked a snook at Jobs, enjoying the experience and, guess what, making money as well.
Petroleum Minister Dharmendra Pradhan on Tuesday put state-owned ONGC and OIL on notice saying oil and gas reserves they hold need to be monetised through joint ventures with domain experts or the government will take them away and auction them. Speaking at BNEF Summit, he said state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas. Despite India bidding out acreages to private and other companies since the 1990s, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) hold a "sizeable number of acreage for years," he said.
Production at India's largest gas fields Bassein and Panna/Mukta and Tapti in Mumbai offshore has been stopped, following flooding of Oil and Natural Gas Corp's processing plant at Hazira in Gujarat.
The mine is likely to yield 37 million tonnes of kimberlite, containing about 27.4 million carats of diamonds and has a life of 25 years.
Patients have been waiting for days, weeks and sometimes months for appointments for dialysis, chemotherapy and other emergency procedures.
Fitness coach Rajvee Gandhi from Fitternity tells you how to fight off sadness, bloating, and lethargy in the dull weather.
The privately-operated bus with 34 passengers on board was hijacked by recovery agents of a finance company, officials said. Police said the bus driver, staff and passengers are safe.
IMAGES from Day 5 of the Wimbledon Championships at All England Lawn Tennis and Croquet Club on Friday.
Avinash Kumar, Executive Chef, Novotel Imagica Khopoli shares his recipes.
British oil and gas major BG Group and its Indian partners -- ONGC and Reliance Industries Ltd -- will invest $140 million over the next 18 months in the Panna-Mukta and Tapti oil and gas fields to improve production from the offshore fields.
Mithali Raj produced a brilliant batting performance before Poonam Yadav bagged a three-wicket haul to help the Indian women's cricket team register a crushing 64-run win over Bangladesh in the opening match of Women's Twenty20 Asia Cup at the Asian Institute of Technology Ground here on Saturday. After being asked to bat first, openers Mithali (49*) and Smriti Mandhana (41) not only provided India with a solid start by sharing a crucial 70-run partnership, but also helped the team post a target of 119 runs in their stipulated 20 overs.
RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.
The BJP has incorporated caste as a significant component of its politics.
Images from ICC women's T20 World Cup match between India and Bangladesh, in Perth, on Monday.
A senior Madhya Pradesh minister has sought a law that allows people to domesticate or keep big cats like lions and tigers as pets, for their conservation.
A person was arrested on Sunday in connection with a case of firing on a police team, which had gone to Ajaygarh to probe illegal mining in the area, by the sand mafia, the police said.
We present here a list of 10 richest diamond mines in the world
Sarika Jain lost her husband in the 13/7 Mumbai bomb blast in 2011. With two small children and ailing in-laws, Sarika is desperate for a job to sustain her family. Rediff.com's Prasanna D Zore met the family.
We present here some stunning photographs of diamonds.
The stories in Paava Kathaigal succeed in holding up a mirror and showing us things for what they truly are, observes Divya Nair.
'Lord Rama, Lord Krishna, Vikramaditya, Yudhishthir got married on this land. None of us goes to a foreign country to get married'
Heavy rains on Monday lashed Mumbai and some other parts of Maharashtra, leaving two persons dead and paralysing normal life, officials said.
Close on the heels of the murder of an IPS officer by an alleged mining mafia, unidentified men on Saturday opened fire at police team which had gone to Ajaygarh to probe illegal mining in the area, said the police. After receiving reports on illegal sand mining in Ajaygarh, 40 km from Panna, a team led by Sub Divisional Officer of Police J S Markam went to spot to check out the facts, said the police. According to the police, the illegal miners opened fire on the police.
Cairn India and UK's BG Group too replied to audit observations.
Leg-spinner Poonam Yadav's magical spell helped India beat Australia by 17 runs in the tournament opener on Friday but the Harmanpreet Kaur-led side can't afford to take Bangladesh lightly as their eastern neighbours had beaten them twice in the 2018 T20 Asia Cup.
The birth of four cubs in Madhya Pradesh's Panna National Park under the government's tiger revival project has brought the Sariska sanctuary in Rajasthan in focus where "sibling factor" is said to have hit the breeding programme initiated two years ago.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan has written to Prime Minister Manmohan Singh, opposing the initiation of the Central government to set up a separate Bundelkhand Development Authority.Earlier, Congress General Secretary Rahul Gandhi had demanded the creation of such an authority for the development of Bundelkhand, which spreads across parts of Uttar Pradesh and Madhya Pradesh and is an extremely backward region.
In one of the country's biggest energy deals, Reliance Industries on Monday announced sale of 30 per cent stake in its 23 blocks including the giant KG-D6 gas fields to the United Kingdom's BP Plc for $7.2 billion.
Chef Ranjan Rajani, Executive Chef of Hotel Sahara Star shares his special Easter recipes.
US watchdog lauds India's IPR efforts, but picks holes in legal framework.
With two of its clusters - R-Series and Satellite Series - likely to start production in the next two years, the company looks to turn around production from this business.
It is also understood that scope of this audit will far exceed the normal course of audit by CAG and the prime objective may be to detect fraud, if any, by RIL allegedly in collusion with oil regulator DGH and Ministry of Petroleum and Natural Gas.
A look at the portrayal of air hostesses in Hindi movies.
A consortium of British Gas, Oil and Natural Gas Corporation and Reliance Industries, which controls the PMT fields off the west coast, is spending about Rs 2,500 crore (Rs 25 billion) for reviving the reserve in this fiscal, while new wells are being drilled at the Cairn-operated Ravva field (off the Andhra coast) for small-sized additional discoveries. The Tapti field has witnessed 'natural decline in the production profile' during the first quarter ended June 2009.
To believe that the key job of his senior ministers is to ensure that his image be kept intact whatever be the outcome of his policies is to expect too much even of someone as ambitious as Narendra Modi, asserts Rashme Sehgal.
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