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Business News on GAIL India
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Govt may exempt ONGC, OIL from paying subsidy in Q4

7.13 pm | 27 Mar 2015 |  Source: PTI

The upstream subsidy contribution is by way of discount on crude oil they sell to refineries. With international oil prices almost halving to USD 50 p...

Pvt power cos to get up to Rs 7,500 cr subsidy in 2 years

11.07 am | 27 Mar 2015 |  Source: PTI

Thirty-one power stations with a combined capacity of 14,305 megawatt, which are languishing for want of gas, can bid support from the Power System De...

Lower gas price positive for all stakeholders: Gail CMD 

10.05 am | 26 Mar 2015 |  Source: CNBC-TV18

Prices of natural gas will be cut by 7.6 percent to USD 5.18/mmBtu from April 1....

Slots of sacked independent directors lie empty at Oil PSUs

4.08 pm | 23 Mar 2015 |  Source: PTI

According to data available from the Oil Ministry, state- owned gas utility GAIL India Ltd is the worst hit with all the eight positions of independen...

Oil Ministry to give CNG marketing licence

6.04 pm | 12 Mar 2015 |  Source: PTI

The Ministry on March 5 issued 'Draft Guidelines for granting Marketing Rights for CNG as Transportation Fuel, including setting up CNG Stations' wher...

Govt asks GAIL to remit incremental KG-D6 gas price/month

8.35 pm | 11 Mar 2015 |  Source: PTI

The government had in November last year hiked domestic natural gas prices by 33 percent to USD 5.61 per million British thermal unit....

GAIL drops plan to set up LNG terminal at Paradip

8.44 pm | 03 Mar 2015 |  Source: PTI

GAIL was looking for a strategic partner for the 4 million tons a year floating liquefied natural gas (LNG) terminal off the Paradip coast. But with a...

GAIL not keen on pact with Iranian co: Pradhan

5.44 pm | 02 Mar 2015 |  Source: PTI

GAIL had in 2005 signed an agreement with National Iranian Gas Export Corporation (NIGEC) for import of 7.5 million tons a year of gas in its liquid f...

GAIL LNG tender to ferry gas from US finds no bidder

2.23 pm | 19 Feb 2015 |  Source: PTI

GAIL had in August last year floated a global tender to charter nine newly-built ships for transportation of natural gas in its liquid form at sub-zer...

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