In May 1992, ONGC handed over gas pipelines and marketing functions connected with natural gas to GAIL. However, it continues to be the marketing agency in certain isolated pockets.
The Petroleum Ministry in an order on Wednesday said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution entities for CNG and piped cooking gas sector.
GAIL (India) Ltd has agreed to infuse an additional Rs 500 crore (Rs 5 billion) into Ratnagiri Gas and Power Pvt Ltd to enable the owner of the beleaguered Dabhol plant to clear pending dues of contractors.
ONGC Videsh-GAIL India consortium, which holds 30 per cent interest in recently-discovered gas field in offshore Myanmar, is eyeing 50 per cent stake of South Korean Daewoo International in an adjacent gas block.
GAIL on Wednesday said it is in talks with Reliance for laying a Rs 6,725 crore pipeline from Kakinada in Andhra Pradesh to Uran to pipe natural gas from RIL's gas fields in Bay of Bengal to consumption centres in West and North.
The government's offer for sale of 84.5 million equity shares in GAIL (India) Ltd through book-built public offer opened on Friday and received bids for 4.411 million shares in the first hour of bidding process.
Gail (India) Ltd, the public sector gas firm, on Tuesday announced that it has tied up the sale of its share of LNG being imported from Qatar and said the regassified LNG from Dahej is the most competitive fuel for power and fertilizer units.
Gail to finalise HPL equity participation soon
State gas transmission firm Gas Authority of India Ltd on Friday filed the draft prospectus for the public issue of government's 10 per cent stake with capital market regulator Securities and Exchange Board of India.
State gas utility GAIL India on Tuesday won rights to retail CNG and piped cooking gas in two of the six cities auctioned and is set to win for another two cities, while its joint venture with Hindustan Petroleum beat Reliance Industries to bag another city.
State-run Gail (India) Ltd on Friday approved Rs 500 crore (Rs 5 billion) investment in Ratnagiri Gas and Power Pvt Ltd, the special purpose vehicle created to restart Dabhol power plant in Ratnagiri, Maharashtra.
GAIL (India) Ltd on Friday reported a 22 per cent dip in its net profit at Rs 409 crore (Rs 4.09 billion) to fourth quarter ended March 31 on having to payout Rs 538 crore (Rs 5.38 billion) towards subsidising LPG and kerosene.
GAIL (India) Ltd is in talks with US energy major Exxon for importing 5 million tons of liquefied natural gas at Dabhol, company chairman U D Choubey said on Wednesday.
Plans to build a pipeline from the Chayanda gas field in East Siberia to the proposed Vladivostok LNG facility
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
Gail India Ltd said on Monday it will set up LPG plants in Uzbekistan as part of its globalisation drive.\n\n
The world's third largest oil firm Royal Dutch/Shell has offered state-run gas firm Gail (India) Ltd a 15 per cent stake in an offshore medium sized gas field in Egypt.
Eighteen candidates from state-owned companies have applied for the post of chairman and managing director of the country's largest gas marketer, GAIL India, nine months before the incumbent retires.
The board of GAIL India, the country's largest transporter and marketer of natural gas, on Wednesday approved a proposal to pick up to 19 per cent stake in Oil and Natural Gas Corporation's (ONGC) petrochemical project in Gujarat.
GailTel, the telecom arm of state-owned Gas Authority of India announced on Thursday an investment of Rs 750 crore (Rs 7.5 billion) over thr next five years to expand its telecom infrastructure, combining it with its proposed city gas pipeline.
Government on Tuesday decided to sell 10 per cent stake in India's largest profit making firm Oil and Natural Gas Corp and gas transmission monopoly Gail (India) Ltd.\n\n
As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.
Reliance Industries, India's most valuable company, and state-run gas firm GAIL India on Tuesday joined hands to set up a multi-billion-dollar petrochemical plant in gas-rich Middle-East, Central Asia or Russia.
Concerns on lower natural gas transmission, LPG rate cut & APM gas price hike might be priced in but no positive triggers
GAIL is in the process of laying additional pipelines in the Dadri-Bawana-Nangal and Chainsna-Jhajjar-Hissar region so as to serve the Northern market and this year alone around 1,000 km were laid, he said at a seminar on 'Energy Self Sufficiency -- The Future' organised by Federation of Indian Chambers of Commerce and Industry in Chennai on Friday.
Indian Oil Corporation and Bharat Petroleum Corporation have backed out of Gail's Vizag-Secunderabad LPG pipeline.
The government on Wednesday fixed a floor price of Rs 185 per share for the ensuing public offer of Gas Authority of India Ltd.
ONGC Videsh Ltd and GAIL, the two Indian partners in Daewoo's recent Shwe gas discovery off Myanmar, may have to buy their way into the field as they did not contribute to the drilling cost of the first well.
Gas Authority of India Ltd is eyeing a stake in the oil and gas exploration blocks in Argentina and Mozambique. Gail is talking to Shell for picking up stake in two city gas distribution companies in Egypt.
Gail India Ltd said on Thursday its Chairman and Managing Director has been selected as fellow of the World Academy of Productivity Science.
Addressing a meet organised by PHD Chamber of Commerce and Industry in New Delhi, GAIL chairman and managing director B C Tripathi said his company was laying new pipelines to connect cities like Uttar Pradesh, Uttrakhand, Punjab and Haryana.
GAIL (India) Limited on Thursday signed three sweeping memoranda of understanding with as many Chinese companies in the oil and gas sector in both countries
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