GAIL in talks with Iran to revive decade-old LNG deal
State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old USD 22 billion LNG supply contract, the cheapest deal ever struck by an Indian firm.
Aug 23, 2015, 16:16 PM IST
GAIL to hold stake in TAPI as global firms shun 4-nation project
The four nations planning the TAPI pipeline last week decided to co-own the project and a joint venture company with participation from each country would be set up to build and operate the over 1,800 line.
Aug 10, 2015, 18:16 PM IST
Govt mulls selling 3% stake in GAIL to raise Rs 1,800 crore
The government plans to sell 3 percent stake in state-owned gas utility GAIL India which could fetch over Rs 1,300 crore to the exchequer.
Aug 04, 2015, 15:14 PM IST
Lapses by GAIL led to pipeline fire in AP last year: Regulator
Oil regulator has found state- owned gas utility GAIL India Ltd guilty of severe lapses that led to an explosion at one of its pipelines in Andhra Pradesh, killing at least 29 persons in June last year.
Jul 22, 2015, 20:58 PM IST
GAIL sells some of its US LNG to Shell
GAIL (India) Ltd has sold some of its liquefied natural gas (LNG) from the U.S. portfolio to European energy major Royal Dutch Shell ahead of production from early 2018, its head B.C. Tripathi said on Wednesday.
May 27, 2015, 23:23 PM IST
GAIL in talks with Shell to sell US LNG supply
India`s Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, three sources with knowledge of the matter said.
May 20, 2015, 17:06 PM IST
GAIL, IOC sign pact to join Adani Group's Dhamra LNG project
State-run gas utility GAIL India Ltd and refiner Indian Oil Corp (IOC) Wednesday signed an initial pact to join Adani Group-promoted Rs 5,000-crore Dhamra LNG project in Odisha.
May 13, 2015, 18:47 PM IST
After GAIL tender fails, Samsung to build LNG carrier at Kochi
Indian shipyards will have to forge a binding technical collaboration with foreign shipyard which will transfer LNG shipbuilding technology.
May 06, 2015, 17:36 PM IST
GAIL to stop LNG imports at Dabhol till October
The terminal cannot receive shipments in the choppy monsoon seas in the absence of a breakwater, so it can currently import a maximum of only 2.25 million tons a year.
May 03, 2015, 13:36 PM IST
Subir Purkayastha takes over as director, GAIL
Purkayastha, 56, is also Director on GAIL Gas (USA) Inc, Ratnagiri Gas and Power Pvt Ltd (RGPPL) and TAPI Pipeline Co Ltd.
May 01, 2015, 17:14 PM IST
Petronet top post: GAIL directors, Oil India Chairman in race
About a dozen candidates, including top directors at gas utility GAIL India and Chairman of Oil India, are in the race to become the Managing Director and CEO of Petronet LNG, the nation's biggest liquid gas importer.
Mar 25, 2015, 17:28 PM IST
Slots of 'sacked' independent directors lie vacant at Oil PSUs
Months after the BJP government sacked most of the independent directors at top oil PSUs, the boards of blue chip firms like ONGC and GAIL are functioning with most of those positions still lying vacant.
Mar 23, 2015, 16:09 PM IST
Govt asks GAIL to remit incremental KG-D6 gas price every month
Government has asked GAIL to remit to the exchequer on a monthly basis the incremental gas price from RIL's KG-D6 field towards recovery of profit share it claims is due from the private firm.
Mar 11, 2015, 20:44 PM IST
Oil regulator for lower marketing margin on gas: Pradhan
Oil regulator PNGRB has suggested a maximum marketing margin on natural gas sold to fertilizer and LPG plants of about 11.5 cents, less than what state-run GAIL and Reliance Industries currently charge from gas users.
Feb 25, 2015, 18:58 PM IST
GAIL shares down nearly 7% as net profit drops
Shares of GAIL India Ltd today fell by nearly 7 per cent after the company posted a massive 64 percent drop in December quarter net profit.
Feb 09, 2015, 13:15 PM IST
GAIL net profit drops 64%
The profit was impacted by "lower off take of long-term contracted LNG by power and fertiliser plants," it said.
Feb 06, 2015, 17:59 PM IST
CBI recovers Rs 19 lakh from the house of arrested GAIL officer
CBI has recovered Rs 19 lakh in cash and other valuables from the residence of an officer of GAIL (India) Limited, posted at Noida, who was arrested yesterday under bribery charges.
Feb 02, 2015, 21:34 PM IST
GAIL not to shut down plant but convert to supply feedstock
GAIL's Lakwa plant will continue to operate with change in product while requirement for majority of contract workers will continue and contractors will be persuaded to engage existing workers.
Jan 30, 2015, 15:41 PM IST
Shell,GDF ink pact to take 26% stake each in GAIL LNG terminal
Royal Dutch Shell, Europe's largest oil firm, and French firm GDF Suez have signed a pact to take 26 percent stake each in GAIL India Ltd's proposed 'floating LNG import terminal' at Kakinada in Andhra Pradesh.
Jan 15, 2015, 14:05 PM IST
RIL gas payments to be invested in interest bearing deposits
After Reliance Industries demanded interest on KG-D6 gas payments flowing into gas pool account operated by GAIL, the state-owned firm has agreed to invest the receivables in short-term interest bearing deposits with public sector banks.
Jan 07, 2015, 14:58 PM IST
