Energy Sector Updates

Rel Power's Krishnapatnam UMPP in trouble The UMPP jinx continues. Work on the Krishnapatnam UMPP has come to a standstill as fuel supply from Indonesia is hit. CCEA may mull BP picking up stake in 21, not 23 RIL blocks When the Cabinet Committee on Economic Affairs (CCEA) m... Morgan Stanley downgrades Reliance Industries Morgan Stanley has downgraded Indian energy major Relia... Now, Cairn India-govt spat over Bhagyam production CNBC-TV18 learns that at the management committee meeti... Board meet agenda of Cairn India: No royalty relief! Cairn India is caught between a rock and a hard place-e... RIL to Oil Min: CAG audit beyond Govt scope, powers & PSC RIL has informed the Oil Ministry that the CAG went bey... Cabinet may take up Reliance-BP deal on Thursday: Sources The cabinet may consider approval for a deal between Re... No backdoor exploration in Cairn's Rajasthan block: DGH The draft CAG report on production sharing contracts ha... Naphtha duty waived, HPL to save Rs 350 cr Haldia Petrochemicals Limited (HPL) would save around R... ONGC set to start production from KG basin by month end State-run Oil and Natural Gas Corporation (ONGC) is all...