GAIL, Paradip Port sign MoU for setting up LNG terminal

Last Updated: Saturday, October 26, 2013, 18:16

The first phase of the project is to become operational by 2017.

GAIL sells part of stake in China Gas Holdings for Rs 385cr

Last Updated: Friday, October 25, 2013, 19:23

GAIL, which made a strategic investment of Rs 137 crore by acquiring 210 million shares of China Gas in 2005, has sold 60 million shares, company's chairman and managing director B C Tripathi told reporters here.

GAIL India Sept quarter net profit drops 7% on losses in LPG biz

Last Updated: Friday, October 25, 2013, 17:12

Net profit in July-September dropped to Rs 915.67 crore as compared to Rs 985.38 crore a year ago.

GAIL signs agreement for developing city gas network in Bihar

Last Updated: Wednesday, October 23, 2013, 18:13

GAIL signed a Gas Cooperation Agreement (GCA) with the Department of Industries, Government of Bihar, the company said in a statement here.

GAIL's Tripathi gets 5-year extension as Chairman

Last Updated: Friday, October 11, 2013, 20:43

The government has given GAIL India Chairman and Managing Director B C Tripathi an additional five-year term as head of the state-owned gas utility.

GAIL India plans to sell part of stake in China Gas Holdings

Last Updated: Tuesday, August 6, 2013, 16:21

Also, China Gas shares are currently performing well on the Hong Kong Stock Exchange, giving the company a market capitalisation of around USD 4.4 billion.

GAIL seeks re-look at price of LNG import deal with Australia

Last Updated: Thursday, July 25, 2013, 23:21

State-owned gas utility GAIL India today said it has demanded price renegotiation of an LNG import deal with Australia's Gorgon project because of its high price.

GAIL's profit declines 29% to Rs 808 crore in April-June

Last Updated: Thursday, July 25, 2013, 17:40

State-owned gas utility GAIL India Ltd on Thursday reported 29 percent drop in June quarter net profit on lower margins from natural gas trading.

GAIL plans to open office in Dubai to explore opportunities

Last Updated: Monday, July 15, 2013, 19:31

GAIL (India) Ltd, the country's largest gas transmission and marketing company, plans to open an office in Dubai soon, a senior official said.

GAIL to take 5-10% stake with RCF in Talcher fertiliser plant

Last Updated: Sunday, July 7, 2013, 12:55

State-owned gas utility GAIL India Ltd may take 5-10 percent stake in Rashtriya Chemicals and Fertilizer Ltd's (RCF) urea and ammonium nitrate plant at Talcher in Odisha.

IOC, ONGC, GAIL sweep PetroFed oil & gas awards

Last Updated: Sunday, June 30, 2013, 11:41

State-run Indian Oil Corp, gas utility GAIL India and Oil and Natural Gas Corp have swept the annual PetroFed Oil & Gas Industry Awards for 2012.

Oil Min orders RIL to divert RCF gas to Andhra Pradesh

Last Updated: Monday, June 3, 2013, 17:39

Under this, state-owned gas firm GAIL India Ltd will make good the shortfall at Thal by supplying imported liquefied natural gas (LNG), sources privy to the development said.