-The Indian Express Hours after oil marketing companies announced a Rs 26.50 increase in the price of non-subsidised LPG cylinders Thursday, Petroleum Minister Veerappa Moily apparently developed cold feet and put the decision on hold pending a review. A 14.2 kg cylinder would have cost Rs 922 in the capital after the increase but late in the evening, Moily asked officials of Indian Oil Corp, the largest oil marketing firm, to keep...

-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 Economic Times There is a ray of hope for consumers facing difficulties in getting timely delivery of cooking gas cylinders as the oil ministry may increase the supply of subsidised LPG cylinders and iron out glitches in the supply system to calm tempers ahead of crucial assembly elections. The new oil minister, M Veerappa Moily, discussed the matter with top executives of state oil firms and senior bureaucrats on Tuesday, government...

-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...