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Latest Articles in gail

ONGC Considers Buying Out Rest Of Petrochemical Project

ONGC Petro additions Ltd (OPaL), majority-owned by ONGC, is primarily a polymer manufacturer, a chemical compound used in everything from textiles to plastics and packaging.

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GAIL To Invest Rs 45,000 Crore In Expansion Of Pipelines, City Gas Network

GAIL currently operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country.

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Shell Exits City Gas Business In India, Sells MGL Stake In Open Market

Shell exercised its option to exit MGL as the lock-in period for minimum promoter holding expired last month.

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Gail India Offers US LNG Cargoes For Oct-Dec: Sources

The Indian importer has 20-year deals to buy 5.8 million tonnes a year of US LNG, split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site.

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CBI Opens Probe Into Rolls-Royce's Dealings With Three State Firms

In an emailed statement, a Rolls-Royce spokesperson said that the police report related to the use of intermediaries by company’s erstwhile energy business in India, and that no current employee had been involved in those deals.

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India Aims To Split GAIL Within A Year To Open Up Gas Sector

GAIL already keeps separate accounts for its gas pipeline and marketing businesses, making it easier to split them into two entities before a change of ownership

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GAIL To Import 5 MT LNG From US In FY'19

"We expect to receive about 5 million tonnes of LNG from the US next fiscal (2018-19)," the official said. This will be used for replacing the LNG that GAIL currently buys from the spot or current market as well as on short-term contracts

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ONGC May Sell IOC, GAIL Stakes To Fund HPCL Acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at today's market price is worth about Rs 26,600 crore. It has another 4.87 per cent stake in GAIL India Ltd, worth Rs 1,637 crore

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Reliance Industries Outbids GAIL To Buy All Its Own CBM Gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents

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GAIL Plans To Set Up Petrochemical Complex In Andhra Pradesh

According to the minutes of meeting of an expert appraisal committee under the Environment ministry, the EAC has recommended permission for preparing terms of reference for preparing required reports with regard to the environment management and impact, for the project

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Coca-Cola Beverages To Source 40% Of Its Energy Requirements From Renewable Sources By 2018 End

The Company recently signed an agreement with Atria Solar Power Pvt Ltd, to procure 30 million units of solar power per annum, for its two factories in Karnataka

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Mission: Clean Air For All

The campaign titled ‘Hawa Badlo’ — conceptualised by GAIL’s creative agency Handyyman — is in line with the brand’s commitment to improve air quality with collective societal effort under its Swachh Air Mission initiative

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LNG Price Row Between India, US Crimps Donald Trump's Export Aims

At a joint news conference with Indian Prime Minister Narendra Modi at the White House this week, Trump said the United States looked forward to exporting more energy, including new major long-term contracts to purchase American natural gas.

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Sensex Losses Widen On Weak Global Cues, Down 112 Points

The 30-share index fell by 112.14 points, or 0.35 per cent, to 31,101.22 in early trade. The gauge had lost 57.92 points in the previous session.

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GAIL Signs 1st Time-Swap Deal For US LNG With Gunvor

Under the agreement, Gunvor will supply 15 cargoes or about 0.8 million tonnes of LNG to GAIL on India's west coast between April and December this year in oil-linked prices on a delivered basis in India, two sources with knowledge of the deal said

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