(FE) Amid reports that the government plans to offer 60% stake in government-owned companies’ existing oil and gas fields to private players, state-run ONGC on Friday wrote a letter to the Prime Minister opposing any such move. Upstream regulator Directorate General of Hydrocarbons has reportedly identified 15 hydrocarbon blocks — 11 of ONGC and 4 of Oil India — which it deems are not producing adequate oil and gas. These fields were given to the two national oil explorers during the nomination era. FE has earlier reported that ONGC will defend the government’s move to privatise the fields. The letter,…
Author: Aruna Sharma
(ET) Reliance Industries has announced the completion of the sale of one of its three upstream shale gas assets in the US for $ 126 million to BKV Chelsea, an affiliate of Kalnin Ventures LLC, the Mukesh Ambani-led conglomerate said in a statement. The deal was announced on October 6. The asset, namely Marcellus Shale Play, located in north-eastern and central Pennsylvania was operated by Carrizo Oil. RILBSE 0.46 % had bought 60% stake in it for $392 million inin 2010. “Additionally, under the definitive documents, a contingent amount of up to $11.25 million may be paid to Reliance between years…
The 219th meeting of the Central Board of Employees’ Provident Fund Organisation (EPFO) held in New Delhi yesterday under the chairmanship of Union Minister of labour & Employment Shri Santosh Kumar Gangwar. Following where are the key decisions of the Board:- a)The Board took note of the 10 requests from ineligible establishments for waiver of damages during the period May 20, 2017 to September 30, 2017 which were earlier rejected by EPFO. b)The Central Board started investing in Equity Exchange-Traded Funds (ETFs) from August 2015. The Accounting Policy for valuation and accounting of equity investments were prepared in consultancy with IIM…
(ET) New National Policy on Bio-fuels will provide complete off-take guarantee to the producers, said union petroleum minister Dharmendra Pradhan. He also said that the oil companies will achieve a higher blending percentage of ethanol in 2017-18 due to higher production of molasses. He was speaking at the conference on ‘Ethanol as Transport Fuel’ organised at the Central Institute of Road Transport (CIRT), Pune. Explaining the reasons for increasing use of bio-fuels, union road transport minister Nitin Gadkari said, “The annual import bill of crude oil is seven lakh crore, which is a problem for the economy. Pollution in cities like…
(liveMint) Prime Minister Narendra Modi and Congress vice-president Rahul Gandhi are all set to visit Gujarat for campaigning, with the stage set by the announcement of all candidates for the first phase of assembly elections on 9 December. Gandhi, who has already campaigned across the state as part of a four-phase Navsarjan Yatra over the last two months, will launch a two-day campaign by visiting Kirti Mandir in Porbandar, the birthplace of Mahatma Gandhi, on Friday. He will also meet fishermen at Fishing Harbour ground in the town. Later in the day, he will travel to Ahmedabad and visit Sanand…
(AU) कांग्रेस को ईवीएम मशीन के साथ जोड़ी जाने वाली वीपीपैट मशीन पर भी भरोसा नहीं है। पार्टी का कहना है कि वीपीपैट को सौ फीसदी सही नहीं कहा जा सकता है। ये पूरा हल नहीं है सिर्फ दुबारा जांच के लिए है। वीवीपैट को लेकर भी शिकायतें आ रही है लिहाजा सुप्रीम कोर्ट के वर्तमान या सेवानिवृत्त जज की निगरानी में इसकी जांच कराई जाए। प्रवक्ता डा. अभिषेक मनु सिंघवी का कहना है कि ऐसा क्यों होता है कि हर बार ईवीएम में कोई भी बटन दबाओ भाजपा के कमल निशान पर वोट पड़ता है। इसके लिए आयोग का दरवाजा खटखटाएंगे। सिंघवी का…
(UNI) Around 3.68 lakh connection of LPG have been issued under Pradhan Mantri Ujjwala Yojana in the state of Jammu and Kashmir. During a meeting chaired by the Minister for Food, Civil Supplies and Consumer Affairs and Tribal Affairs Chowdhary Zulfkar Ali on Thursday, he was informed that around 3,68,000 LPG connections have been issued in J&K under Pradhan Mantri Ujjwala Yojana (PMUY). The Minister appreciated the implementation of PMUY in the state and directed the officials concerned to identify more BPL families to ensure that no eligible beneficiary is left out.He also asked the authorities of the oil companies to…
(DJ) गुजरात चुनाव की तारीख के नजदीक आते ही भाजपा के स्टार प्रचारक प्रधानमंत्री नरेंद्र मोदी के चुनावी अभियान की तारीखों का भी एलान हो गया है। विधानसभा चुनाव के पहले चरण के लिए मोदी 27 नवंबर से अपना चुनावी बिगुल बजाएंगे। सौराष्ट्र और दक्षिणी गुजरात के अलग-अलग हिस्सों में 27 और 29 नवंबर को वे आठ रैलियों को संबोधित करेंगे। गुजरात भाजपा के प्रभारी भुपेंदर यादव ने कहा कि 27 नवंबर की सुबह को मोदी कच्छ जिले के भुज में लोगों को संबोधित करेंगे। इसके बाद वे राजकोट जिले के जसदान, अमरेली जिले के धारी और सुरत जिले के…
(Tribune) The Central Government has agreed to bear 50 per cent cost of the state government’s ring road project proposed for Dehradun, Haridwar, Haldwani, Kashipur, Rudrapur and Udham Singh Nagar. At a meeting with the Union Minister of Surface Transport Nitin Gadkari in Delhi, it was agreed that the Centre and the state would provide funds in equal ratio for the project, said Urban Development Minister Madan Kaushik.Further, the state will bear the cost of land acquisition for the project. In addition, the Centre has also agreed to help the state in covering the costs of preparating DPRs for the project. The…
(FE) The Supreme Court will today hear a plea seeking complete ban on firecrackers in Delhi and NCR. The plea was filed by Arjun Gopal on October 27. The petitioner, on whose earlier plea, the apex court had restored the ban on sale of firecrackers from October 9 to November 1, submitted before the court that the ban could be extended beyond November 1. The impact of ban on the pollution level in the capital remains a bone of contention among experts.