Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project
State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd Wednesday signed pacts to take 49 percent stake in Adani Group's Rs 6,000-crore Dhamra LNG project in Odisha.
Sep 21, 2016, 17:55 PM IST
GAIL Q3 net profit rises 10% to Rs 664.26 crore
GAIL India Ltd, the country's biggest natural gas supplier, today reported a 10 percent rise in its December quarter net profit on spike in margins and exemption from payment of fuel subsidy.
Feb 09, 2016, 19:25 PM IST
GAIL Q1 net drops 32% at Rs 424.14 crore
State-owned gas utility GAIL India Ltd Thursday reported a 32 percent drop in net profit at Rs 424.14 crore for the first quarter ended June on account of drop in LPG and petrochemical production and lower prices.
Jul 23, 2015, 19:41 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 reports in 53% drop in Q4 profit
State-owned gas utility GAIL India Wednesday reported a 53 percent drop in March quarter net profit as it sold less gas.
May 27, 2015, 20:57 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
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
GAIL drops plan to set up LNG terminal at Paradip
GAIL India, the nation's largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha.
Mar 03, 2015, 18:05 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
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
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
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
15 killed, 30 injured in GAIL India pipeline blast in Andhra
The dead include three women and three children. Officials said the fatalities could rise as the condition of 15 of the injured was said to be critical.
Jun 27, 2014, 11:03 AM IST
GAIL offers to sell US gas at cheaper rate than LNG from Qatar
State gas utility GAIL India Ltd is offering gas supplies from the US at USD 12-13, at least a dollar less than the price at which India currently imports the fuel from Qatar on long-term contracts.
Jun 08, 2014, 21:17 PM IST
