MINISTRY OF PETROLEUM & NATURAL GAS

oil-ministry-joshi-appointed-as-director

Oil Ministry: Joshi appointed as Director

New Delhi (19.11.2020): Ashish Joshi (IAS:2006:UD) appointed as Director in the Ministry of Petroleum & Natural Gas for a period of five years.

20 Nov 2020
oil-ministry-verma-appointed-as-ds

Oil Ministry: Verma appointed as DS

New Delhi (19.11.2020): Kapil Verma (IDSE:2004) appointed as Deputy Secretary in the Ministry of Petroleum & Natural Gas for a period of four years

20 Nov 2020
oil-ministry-joshi-appointed-as-director

Oil Ministry: Joshi appointed as Director

By IndianMandarins 20 Nov 2020

New Delhi (19.11.2020): Ashish Joshi (IAS:2006:UD) appointed as Director in the Ministry of Petroleum & Natural Gas for a period of five years.

oil-ministry-verma-appointed-as-ds

Oil Ministry: Verma appointed as DS

By IndianMandarins 20 Nov 2020

New Delhi (19.11.2020): Kapil Verma (IDSE:2004) appointed as Deputy Secretary in the Ministry of Petroleum & Natural Gas for a period of four years

mop-ng-losing-a-perception-game-

MoP&NG losing a perception game?

By M K Shukla 23 Oct 2020

In every regime, the Ministry of Petroleum and Natural Gas (MoP&NG) gets into the crosshairs of the opposition because of the vast amount of cash it controls through the import-export route and its absolute sway over the cash-rich oil marketing PSUs. The current dispensation is no exception to this rule.

After remaining outside the limelight for long, the Ministry is now being asked some uncomfortable questions.

Even before it could recover from the embarrassing episode of its unusual sloppiness leading to the inordinate and unexplainable delay in fixing the price of biofuel to facilitate its blending with fossil fuels, it is being questioned about the role of some of its retired and serving top-ranking executives in oil marketing PSU and their influence-peddling in setting up successions to the top place in the company. Senior advocate Prashant Bhushan’s tweets raised questions over some internal issues. Further, the Ministry is also being subjected to the charge of personal gratification by certain individuals.

Not a good omen indeed!

(By M K Shukla)

oil-ministry-kothari-gets-extension

Oil Ministry: Kothari gets extension

By IndianMandarins 25 Aug 2020

Central deputation tenure of Navneet Mohan Kothari (IAS:2001:MP) was on Tuesday extended for a period of 02 years beyond 18.04.2021. He is working as Joint Secretary, Ministry of Petroleum & Natural Gas.

petroleum-a-k-jha-appointed-as-deputy-secretary

Petroleum: A K Jha appointed as Deputy Secretary

By IndianMandarins 24 Jul 2020

Anand Kumar Jha (IRS C&CE:2010) was on Friday appointed to the post of  Deputy Secretary in the Ministry of Petroleum and Natural Gas for a period of four years

mrs-esha-appointed-as-government-nominee-director-on-gail’s-board

Mrs Esha appointed as Government Nominee Director on GAIL’s Board

By IndianMandarins 26 Mar 2020

Mrs Esha Srivastava, a 2004 batch Indian Foreign Service officer, was on Thursday appointed as a Government Nominee Director on the Board of Directors of Gas Authority of India Limited (GAIL), a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). Presently, she is Director (International Cooperation), MoPNG.

rohit-yadav,-b-purushartha,-kothari-and-15-others-appointed-as-joint-secretary-at-centre

Rohit Yadav, B Purushartha, Kothari and 15 others appointed as Joint Secretary at Centre

By IndianMandarins 24 Feb 2020

The NaMo administration on Monday announced the appointment of 17 officers to the post of Joint Secretary in various ministries and departments:

  1. Navneet Mohan Kothari (lAS:2001:MP) appointed as  Joint Secretary, Ministry of Petroleum & Natural Gas for an overall tenure of five years upto 18.04.2021. Kothari replaces  Ashutosh Jindal (IAS:1995:TR). 
  2. Rohit Yadav (IAS:2002:CG) appointed as Joint Secretary in the Prime Minister's Office on lateral shift basis  for a period ending 31.07.2023.  Presently he is working as Joint Secretary in the Ministry of Steel.
  3. Baldeo Purushartha (lAS:2002:PB) appointed as Joint Secretary, Department of Economic Affairs for a tenure of five years. He replaces K V Pratap (IES:1992). Presently, he is Divisional Commissioner, Jalandhar, Govt of Punjab. 
  4. Ms Neerja Sekhar (lAS:1993:HY) appointed as Joint Secretary, Ministry of Information & Broadcasting for a tenure of five years. She replaces Ashok Kumar Parmar (IAS:1992:JK).
  5. N B S Rajput (lAS:1999:OR) appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances for a tenure of five years. He replaces  V Shashank Shekhar (lAS:1996:NL).
  6. K V Pratap (IES:1992), Joint Secretary in the Department of Economic Affairs, laterally shifted to Ministry of Home Affairs for an overall tenure of five years upto 23.11.2022. Pratap replaces Amitabh Kharkwal (IPoS:1989).
  7. Ms. Sushma Taishete (CSS) appointed as Joint Secretary, Department of Atomic Energy, (Mumbai) for an overall tenure of five years upto 05.07.2023 by downgrading a vacant post of AS in the Department. She replaces Mervin Alexander S (lPoS(1987) who prematurely repatriated to parent cadre. Presently, she is working as Joint Secretary, Department of Justice.
  8. Deepak Kapoor (IA&AS:1998) appointed as Additional CEO, GeM SPV, (JS level) under the Department of Commerce for a tenure of five years. He replaces S Suresh Kumar (lAS:2000:AP).
  9. Surendra K Ahirwar (IRTS:1997) appointed as Joint Secretary, Department of Commerce for an overall tenure of five years upto 08.01.2023. The post has been temporarily upgraded from Director to Joint Secretary level for a period of two years (initially).
  10. Ms Aditi Das Rout (ITS:1986) appointed as Joint Secretary, Ministry of Culture, from the date of assumption of the charge of the post, for a tenure upto her superannuation on 30.11.2023. She replaces S C Barmma (IPoS:1987).
  11. Satish Singh (IRSME:1996) appointed as Joint Secretary, Department of Defence, for an overall tenure of five years upto 12.10.2022. He replaces Ashok Kumar Singh (lAS:1999:KL).
  12. Ms Mukta Shekhar (IRAS:1994) appointed as Joint Secretary, Department of Food & Public Distribution for a tenure of five years vice  Kamal Datta (IFoS:1994:UT)
  13. Atul Saxena (IRSS:1991) appointed as Joint Secretary, Ministry of Food Processing Industries for an overall tenure of five years upto 30.06.2021 by temporary upgrading the Director level post.
  14. Purushottam Tiwary (IA&AS:1996) appointed as Joint Secretary, Department of Heavy Industry for a tenure of five years. He replaces Pravin Laxminarayan Agrawal (IFS:1994:TR).
  15. Niraj Kumar Gayagi (IDAS:1997) appointed as Joint Secretary, Department of Justice for a tenure of five years. He replaces Ms Sushma Taishete (CSS).
  16. Charanpreet Singh Bakshi (IRS C&CE:1992) appointed as Joint Secretary Ministry of Minority Affairs for a tenure of five years vice Jan-e-Alam (lAS:1991:NL).
  17. Sanjay Kumar Jain (IRTS:1990) appointed as Joint Secretary, Department of Public Enterprises for a tenure of five years vice Madhukar Gupta (lAS:1985:RJ) consequent on completion of his tenure.
  18. Tanweer Qamar Mohammad (IPoS:1994) appointed as Joint Secretary, Ministry of Statistics & Programme Implementation for a tenure of five years vice Arun Kumar Yadav (lAS:1987:SK). 

ongc-becomes-cheapest-oil-and-gas-company-globally

ONGC becomes cheapest Oil and Gas company globally

By IndianMandarins 22 Feb 2020

State-owned oil and gas company ONGC has become cheapest globally as earlier this week company’s stock price fell below Rs 100 for the first time in past 15 years. At present, ONGC trades at 4.2 times its estimated one-year forward earnings. Most global oil and gas majors command a price-to-earnings ratio of more than 15. Exxon Mobil and Saudi Arabian Oil Company (Saudi Aramco) have a P/E of 18.3 times and 17.3 times, respectively. While ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months.
ONGC historically has traded at a discount versus global peer group, but over the past 12 months, the discount has widened materially. The the brokerage has a buy rating on the stock, albeit it has cut the price target from Rs 190 to Rs 172 due to a cut in earnings estimates amid weak global oil prices.

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