Reliance Industries and its partner BP plan to surrender two more exploration blocks, reducing their tally to 14 from 21 a year ago.
Heavy incentive of Rs 350 a cylinder may lure many to get connections and sell cylinders in black market.
Anand Kishore, has joined EIL as CVO on September 14, 2012. Prior to this he was Commissioner of Income Tax, Patna.
The oil ministry has started the process of revising domestic gas prices after March 2014 from various fields.
Cairn India has paid Rs 586 crore advance tax for the second quarter, a three-fold jump compared to the preceding quarter .
The government wants to harness the gas trapped in coal seams in blocks already allotted to state miners for producing coal, officials said.
Cabinet Committee also decided to restrict supply of subsidised cooking gas to six cylinders per household in a year.
RPN Singh offered to share India's expertise in laying oil and gas pipelines and power transmission lines with ASEAN countries at his ministerial address in Cambodia.
PSU oil firms are losing a record Rs 560 crore per day on sale of regulated diesel and cooking fuels and another Rs 16 a day on petrol.
ONGC & RIL may use surplus infrastructure at the KG-D6 block for their deepwater discoveries in nearby blocks.
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