-Frontline Farmers protest against the Central clearance for coal bed methane exploration in Mannargudi, Tamil Nadu, as they fear it will devastate agriculture in Tiruvarur and Thanjavur districts.  THE woes of the delta farmers of Tamil Nadu are far from over. While the Cauvery tangle continues unresolved, they fear the proposed multi-crore project for commercial exploration and exploitation of coal bed methane (CBM) in the Mannargudi block of Tiruvarur district will prove...

-The Times of India A day after India Against Corruption (IAC) charged the government with selling out to Reliance Industries Ltd (RIL) on the company's KG-D6 gas field off the Andhra coast, the oil ministry on Thursday hit back by describing the allegations as "baseless and frivolous".  In a point-wise rebuttal to IAC charges, a ministry statement — issued after former oil minister Mani Shankar Aiyar met incumbent Veerappa Moily for over...

-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...

-The Hindu Business Line The Supreme Court has answered only the first of the five questions posed before it — whether auction is the only permissible Constitutional mode of alienation of natural resources? It has declined to answer the remaining, lest it is misunderstood as interfering with and commenting upon the 2G verdict in which the Apex Court had cancelled as many as 122 telecom licenses. In the event, the 2G verdict stays;...

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...