HPCL, GAIL eye petrochemical plant in Andhra Pradesh

State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.

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.

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.

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.

Two killed in accident at GAIL's LPG pipeline in Telangana

Two persons were killed in an accident at a LPG pipeline of state-owned gas utility GAIL India Ltd at Suryapet in Telangana.

GAIL LNG tender to ferry gas from US finds no bidder

After postponing tender deadline thrice and also one year later, state-owned gas utility GAIL India Ltd has not found any bidder for its USD 7 billion tender to hire newly-built LNG ships to ferry gas from the US.

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.

GAIL to pay royalty on RIL gas price

State-owned GAIL India Ltd has been asked to pay royalty on the USD 1.41 per unit it is collecting on natural gas produced from Reliance Industries' eastern offshore KG-D6 fields.

GAIL Chairman, HPCL head in race for CEO of the Year Award

Tripathi and Vasudeva are vying with CEOs of Chinese energy giants for the award which will be presented on December 11 in New York.

OilMin says negligence caused fire at GAIL pipeline in Andhra

The Petroleum Ministry has blamed negligence for causing the devastating fire at state-owned gas transporter GAIL India Ltd's gas pipeline in Andhra Pradesh that killed 22 people.

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.

GAIL stake in ONGC petrochem project to come down to 11.6%

State-run gas utility GAIL India Ltd will cut its equity stake in ONGC's mega petrochem project at Dahej to 11.6 percent as project faces major cost overrun.

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.

GAIL plans more LNG deals with US

Gas firm GAIL (India) Ltd aims to sign more deals with the United States for sourcing liquefied natural gas (LNG) as it hopes to lock-in customers for existing contracts by the end of July, company officials said on Monday.

GAIL Q4 profit zooms 57% to Rs 972 crore

State gas utility GAIL India Ltd Monday reported a 57 percent jump in its fourth-quarter net profit on the back of better petrochemical and LPG prices and drop in subsidy outgo.

GAIL uses Shell's Hazira terminal to import LNG

The company previously imported all the LNG it bought from overseas either at Dahej or at Dabhol.

All GAIL offices to move to its 22-storey building at Noida

GAIL India Ltd, the nation's largest gas transmission firm, is moving into a swanky 22- storey building, where all its offices will be housed under one-roof.

GAIL seeks LNG from East African suppliers

GAIL (India) Ltd is seeking Liquefied Natural Gas (LNG) from East African producers to diversify its supply sources, a senior company official told PTI here on Wednesday.

GAIL Dec quarter net profit jumps 31% to Rs 1,679 crore

State-owned gas utility GAIL India Ltd on Wednesday reported a 31 percent jump in its December quarter net profit after the company was exempt from paying fuel subsidy.

GAIL likely to pay Rs 10 per share dividend this fiscal

GAIL India Ltd, the nation's biggest natural gas distributor, is likely to pay 100 percent or Rs 10 per share dividend to shareholders in the current fiscal.