-The Indian Express Petroleum Minister Veerappa Moily on Thursday refuted Arvind Kejriwal’s accusations of the UPA government favouring Reliance Industries Ltd saying that the decisions were taken objectively “without fear or favour” and assured that his ministry would continue to uphold transparency. “The ministry is committed to upholding the rule of law and decisions are taken objectively without any fear or favour. The system is not influenced or guided by whims and...
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After change of guard, CAG-RIL meet on audit issue postponed -Sujay Mehdudia
-The Hindu The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely. Sources in the Ministry said that after...
More »He was removed after pressure from Reliance, says Medha Patkar-Mahim Pratap Singh
-The Hindu Social activist Medha Patkar has accused the UPA government of reeling under corporate pressure for its decision to shift Jaipal Reddy from the Petroleum and Natural Gas Ministry. Ms. Patkar alleged the decision was taken to provide undue benefits to the Mukesh Ambani-led Reliance Industries Ltd. “Mr. Reddy has been removed because he questioned the irrational demand by RIL on escalating the prices of natural gas. A few years ago, the...
More »Manmohan set to end reliance on Jaipal for oil and gas -Sujay Mehdudia
-The Hindu Minister has been resisting Mukesh Ambani on gas prices, audit S. Jaipal Reddy — the minister who took on Mukesh Ambani in a regulatory battle on gas prices that saved the exchequer thousands of crores of rupees — is set to be divested of the crucial Petroleum and Natural Gas portfolio, The Hindu has learnt. Mr. Reddy, who took over from Murli Deora in January 2011, resisted and then rolled back...
More »Now, govt. okays multiple LPG connections -N Ravi Kumar
-The Hindu New norms come after many households in city surrender additional permit Here’s some relief to large households worried about restrictions on LPG connections. They need not surrender the additional connection. As per the new norms announced by the Ministry of Petroleum and Natural Gas on Friday, consumers can retain multiple connections but will have to shell out more for the cylinders. They will be priced thrice as much as the subsidised...
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