Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f184a263733-trace').style.display = (document.getElementById('cakeErr67f184a263733-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f184a263733-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f184a263733-code').style.display = (document.getElementById('cakeErr67f184a263733-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f184a263733-context').style.display = (document.getElementById('cakeErr67f184a263733-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f184a263733-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
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It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
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A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
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Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
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Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
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PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
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PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
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Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
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Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
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For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
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The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.&lt;/div&gt;&#039;,
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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&lt;br /&gt;
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 28 June, 2012, http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/fuel-pricing-reforms-expected-with-manmohan-singh-taking-additional-charge-of-finance-minist&#039;,
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.&lt;/div&gt;&#039;
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                <strong>Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.</div><div style="text-align: justify">Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.</div>               </font>
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
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It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
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A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
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Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
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Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
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PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
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PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
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Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
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Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
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For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
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The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal&#039;,
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 28 June, 2012, http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/fuel-pricing-reforms-expected-with-manmohan-singh-taking-additional-charge-of-finance-minist&#039;,
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...&#039;
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Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. 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The fuel subsidy bill this year is expected to be Rs 164,000 crore.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. 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                <strong>Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.</div><div style="text-align: justify">Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.</div>               </font>
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
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It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
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A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
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Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
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Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
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PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
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PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
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Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
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Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
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For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
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The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country&#039;s oil and gas assets. 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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
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&lt;br /&gt;
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It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &amp;quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&amp;quot; chairman of an oil firm said requesting anonymity.
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &amp;quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&amp;quot; the official said.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
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&lt;br /&gt;
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Officials said that Prime Minister&#039;s Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
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Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &amp;quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&amp;quot; one official said. According to audited style=&amp;quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
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The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
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Prime Minister Manmohan Singh&#039;s direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





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                <strong>Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.</div><div style="text-align: justify">Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.</div>               </font>
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Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
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According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
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A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.
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Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
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Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
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Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
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For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
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Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...',
	'disp' => '<div style="text-align: justify"><br /></div><div style="text-align: justify">Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.</div><div style="text-align: justify">Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.</div>',
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	'title' => 'Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal',
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<br />
</div>
<div style="text-align: justify">
Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.
</div>
<div style="text-align: justify">
Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.
</div>',
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Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.





According to officials fuel pricing reforms are expected...'
$disp = '<div style="text-align: justify"><br /></div><div style="text-align: justify">Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. &quot;There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items,&quot; chairman of an oil firm said requesting anonymity.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. &quot;The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman,&quot; the official said.</div><div style="text-align: justify">Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&amp;P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. &quot;The ministry has informed that contrary to perception, investments in exploration activities have increased significantly,&quot; one official said. According to audited style=&quot;page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.</div>'
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Fuel pricing reforms expected with Manmohan Singh taking additional charge of Finance Ministry-Rajeev Jayaswal

Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said. According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills per household every year. It is expected that state-run oil marketing companies, which skipped a price revision in mid June, will also reduce petrol rates by about Rs 2.50 per litre from next month. "There are gains in terms of crude oil, but it is largely nullified due to rupee depreciation. Exact quantum will be known only on June 30 th as average oil price and exchange rates will vary due to volatilities in the rates of the two crucial items," chairman of an oil firm said requesting anonymity. A senior oil ministry official confirmed that the government is working on capping number of subsidized cooking gas cylinders and a stage is already set. "The transparency portal, launched last week is the first step in this direction. A decision is expected soon after the empowered group of ministers would meet under a new chairman," the official said. Officials expect the new EGoM chairman to take a decision on the matter, which was pending due to preoccupation of the previous head of the panel, former finance minister Pranab Mukherjee in presidential poll. Mukherjee tendered his resignation from the government on Tuesday to contest for the port of the president. Officials said that Prime Minister's Office (PMO) had been actively monitoring issues such as decline in gas production and gas pricing, hurdles in securing approvals for undertaking exploration and production activities in oil and gas blocks, decline in exploration and production (E&P) activities and the need to revamp the Directorate General of Hydrocarbons (DGH), whose role has been questioned the CAG in its report. PMO has sought direct queries from the oil ministry regarding delays in granting pricing approvals to private firms to start commercial coal bed methane (CBM) production from three blocks. PMO is also helping the oil ministry in resoling inter-departmental hurdles in getting various approvals from Navy, departments of space and environment that will facilitate oil and gas exploration in about 80 blocks. Oil ministry officials confirmed that PMO is keenly watching petroleum sectors progress as energy security is national priority and rising subsidy is a major drag on the economy. The fuel subsidy bill this year is expected to be Rs 164,000 crore. Oil ministry officials confirmed about communications and personal interaction with the principal secretary to PM, recently. "The ministry has informed that contrary to perception, investments in exploration activities have increased significantly," one official said. According to audited style="page-break-after:ata of the ministry, investments in exploration rose to 2.3 billion in 2010-11 from $1.97 billion in the previous year. For the first time, oil ministry appointed an IAS official to head its highly technical arm, DGH, which has been criticized by CAG for mismanaging country's oil and gas assets. The ministry has informed PMO that a senior official (IAS) has been posted to reorganize and strengthen DGH, officials said. The new director general of hydrocarbons, Rajiv Nayan Choubey, is mandated to take necessary steps for recruitment of necessary technical staff, experienced enough to carry out their tasks smoothly.