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News
Gas Authority of India Limited
Gas Authority of India Limited News
Indian Oil Corp Ltd
21 Sep 2016
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.
GAIL India Limited
09 Feb 2016
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.
GAIL India Ltd
23 Jul 2015
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.
GAIL
22 Jul 2015
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 India
27 May 2015
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.
GAIL
20 May 2015
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.
GAIL
13 May 2015
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.
GAIL
11 Mar 2015
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.
GAIL India
03 Mar 2015
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.
GAIL
02 Feb 2015
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.
GAIL India Limited
15 Oct 2014
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.
GAIL
01 Oct 2014
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.
GAIL
27 Aug 2014
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.
GAIL
24 Aug 2014
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.
GAIL India Ltd
27 Jun 2014
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 India Ltd
08 Jun 2014
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.
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