GAIL-HPCL team outbid Reliance for city
GAIL India Ltd reported that it is unlikely to lose its monopoly over city gas distribution. A joint venture between GAIL and Hindustan Petroleum Corporation Ltd has outbid Reliance. For full story, click here
Articles Tagged "GAIL"
GAIL won rights to retail CNG in 2 cities
State gas utility GAIL India announced that it has won the rights to retail CNG and piped cooking gas in two cities Kota and Dewas in Rajasthan, while its joint venture with Hindustan Petroleum upset Reliance Industries to emerge top contender with another city. For full story, click here
GAIL reported Rs 1,000cr plan to green highways
After helping clean up the air in Delhi and Mumbai, flagship utility GAIL reported that it is now planning to pump Rs 1,000 crore into greening the highways by setting up 2,000 CNG stations along major routes, even as it is chasing a target of wheeling about 95 million tonnes of natural gas to fire [...]
GAIL India to be split
GAIL India, the country’s flagship natural gas company, will turn off its marketing business into an independent firm from April 1 to comply with the policy guidelines outlined by the petroleum regulator. UD Choubey, chairman and managing director of GAIL India, stated: We have already separated accounts for transportation and marketing businesses. Now, the two [...]
Nigeria shortlist GAIL India to develop natural gas reserves
Nigeria has shortlisted state gas utility GAIL India Ltd to develop the African nation’s natural gas reserves. For more information, click here
GAIL acquires 9% equity stake in ONGC’s petrochemical project
Gas Authority of India Ltd. or GAIL announced that it has acquired 9% equity stake in a petrochemical plant project of ONGC Petro additions Ltd. or OPaL, compared to 19% sought by the company. For full story, click here
GAIL to purchase Shell gas for Dabhol
State-owned GAIL will purchase gas in ships (LNG or liquefied natural gas) from Anglo-Dutch oil major Shell to crank the gas import terminal attached to the beleagured Dabhol power plant in Maharashtra. For more information, click here
Gail imposes service charge on gas distribution
Gail India has introduced a service charge of Rs 110 per thousand standard cubic metre for distributing gas produced by government-owned companies. For full story, click here
Reliance, GAIL for setting up petrochem unit in Qatar
Reliance Industries and GAIL India will next week mount a pitch with Qatar for jointly setting up a USD 1.3 bn mega petrochemical plant in the gas rich nation. For full story, click here
GAIL and BPCL sign MOU
India’s state run GAIL and refiner Bharat Petroleum have signed MOU to cooperate in the distribution and transmission of natural gas. For full news, click here
