CAG has sought government intervention to access financial records of Cairn India-operated Rajasthan oil fields. It has not yet received records of Cairn’s Barmer oil fields (RJ-ON-90 /1) for auditing, a senior CAG official said.
The Comptroller & Auditor General of India, country’s statutory auditor, has sought government intervention to access financial records of Cairn India-operated Rajasthan oil fields.
India’s statutory auditor has sought the government’s intervention to access financial records of Cairn India-operated Rajasthan oil fields.
CAG sets january 15 deadline for submitting KG D-6 & PMT field records.
Oil cos will launch a premium cooking gas delivery service for working couples in metros and major cities. What are Ambanis fighting for? I RIL eyes overseas buys
As state minister for petroleum and natural gas in the current regime, Mr Prasada is committed to ensuring availability of affordable fuel for everyone. In a chat with ET, he details his initiatives in marketing petroleum products. Excerpts:
The oil & gas sector regulator has sent notices to the government and state-run oil companies IOC, BPCL and HPCL for selling petrol and diesel below the cost.
The government has decided to appoint a global consultant to evolve a pricing formula for crude produced at Reliance Industries’ Krishna-Godavari basin fields and Cairn India’s Barmer oil fields.
The Parikh committee is also concerned about the large-scale misuse of fuel subsidies on petrol, diesel, kerosene and cooking gas, amounting to more than Rs 1,03,000 crore in 2008-09.
The government may review Reliance Industries’ (RIL) Krishna-Godavari basin gas price along with the allocation of additional gas production from the D-6 block.
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