With no takers, GAIL again postpones LNG tender date
Finding no takers for its Rs 42,370 crore tender to hire newly-built LNG ships, state-owned gas utility GAIL India Ltd has for the third time postponed the last date of bidding.
Jan 06, 2015, 19:23 PM IST
Coal India forms ventures for Talcher colliery revival
State-run Coal India Ltd (CIL) Tuesday said it is embarking upon two joint ventures to revive the Talcher coalfield in Odisha.
Dec 23, 2014, 17:18 PM IST
SC allows GAIL to take part in tender for laying pipeline
The order came in the backdrop of the finding of Petroleum and Natural Gas Regulatory Board (PNGRB) that the PSU had indulged in unfair trade practices in the past.
Dec 18, 2014, 23:48 PM IST
Oil stocks continue to slip on falling crude prices
Fall in stock prices of these companies have also weakened their market valuation.
Dec 12, 2014, 19:38 PM IST
GAIL inks agreement to buy 2.5 million tonnes of LNG from US
GAIL India Ltd, the nation's largest natural gas distributor, has signed an agreement with US-based WGL for buying about 2.5 million tonnes of gas for 20 years.
Dec 05, 2014, 14:10 PM IST
GAIL says cut gas supplies to Gujarat units on OilMin order
State-owned gas utility GAIL India Ltd today said it slashed gas supplies to small industries in Gujarat on Oil Ministry orders.
Nov 05, 2014, 18:12 PM IST
GAIL profit up 42% at Rs 1,303 cr
GAIL (India) Ltd, the nation's largest natural gas distributor, today reported 42 per cent jump in its September quarter net profit as it did not pay any fuel subsidy.
Oct 31, 2014, 18:05 PM IST
GAIL in search of partner for LNG import terminal at Paradip
The company is seeking a LNG supplier or a major consumer of gas as strategic partner.
Oct 27, 2014, 17:31 PM IST
Gujarat industries accuse GAIL of taking arbitrary action
Facing shutdown due to drastic cut in natural gas supplies, over two dozen small industries of South Gujarat have accused state-owned GAIL India Ltd of selectively and arbitrarily taking action that is in contravention of stated policy.
Oct 15, 2014, 17:38 PM IST
SCI, GAIL in talks for $3 billion LNG ships deal
Shipping Corporation of India and GAIL (India) Limited are currently in discussion to forge a tie-up under which the latter will acquire nine LNG ships with almost USD 3 billion and the former will run them, a senior official of the SCI said.
Oct 05, 2014, 19:05 PM IST
Swachh Bharat: Oil PSUs to build over 5400 toilets in schools
ONGC will build toilets in 2,500 in 26 districts spread over 13 sates, IOC 1,000 toilets, especially for girls, GAIL 1,021 toilets while refiners Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will together build 900.
Oct 02, 2014, 20:44 PM IST
GAIL in talks to buy 2-2.5 mt LNG from US
State-owned gas utility GAIL is in talks to buy an additional 2-2.5 million tons of liquefied natural gas from the US to meet India's growing energy demand.
Oct 01, 2014, 17:40 PM IST
IGL eyes more city gas firms for growth via acquisitions
Indraprastha Gas Ltd, which supplies CNG in Delhi and its neighbourhood, is looking to acquire stakes in more city gas companies to expand its footprint to newer areas through inorganic growth.
Aug 28, 2014, 14:36 PM IST
GAIL to establish gas distribution network in Patna and Gaya
Gas Authority of India Limited (GAIL) will establish a City Gas Distribution (CGD) network in Patna and Gaya during the first phase of its Rs 10,000 crore Haldia - Jagdishpur 'energy highway' gas pipeline project.
Aug 27, 2014, 23:07 PM IST
GAIL's subsidiary BCPL seeks over Rs 12,000 crore subsidy
GAIL-promoted BCPL, which is setting up a petrochemical project 'Assam Gas Cracker Project', has sought subsidy of more than Rs 12,000 crore on account of feedstock and revenue for a period of more than 10 years after it starts operating.
Aug 24, 2014, 15:33 PM IST
Setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order
GAIL and CPCL have expressed their inability to deduct USD 115 million from the amount due to Reliance Industries.
Aug 19, 2014, 16:26 PM IST
Adani-IOC,GAIL among bidders for piped gas supply in 14 cities
Adani Gas-Indian Oil combine and state gas utility GAIL were among nearly a dozen firms that bid for licenses to retail CNG and piped cooking gas in 14 cites including Bengaluru and Pune.
Aug 12, 2014, 14:09 PM IST
Oil regulator to complete study on gas market margin by Dec: Govt
Oil regulator PNGRB will decide on the margin that natural gas sellers like GAIL and Reliance Industries can charge from urea manufacturers and LPG plants by year end, Oil Minister Dharmendra Pradhan said Monday.
Jul 21, 2014, 17:43 PM IST
Investors switching to Cairn India from GAIL
GAIL is currently trading at 11 times of its FY16 earnings while Cairn India is trading at seven times, Thomson Reuters data shows.
Jun 20, 2014, 16:32 PM IST
CBI registers case in alleged Rs 240-crore scam in gas supply
CBI has registered a case against the then General Manager of Gas Authority of India Limited in a Rs 240-crore scam in which seven private companies were allegedly favoured through under-billing and fake submissions.
Jun 08, 2014, 15:01 PM IST
