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Mundra LNG terminal to be commissioned by 2016: Saurabh Patel

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Vadodara: Gujarat Petroleum and Energy Minister Saurabh Patel on Saturday said the proposed Mundra LNG terminal, one of the two planned LNG projects in the State, would be commissioned by 2016.
“Guja

GAIL: Shale investments to hedge US LNG imports

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GAIL (India) Ltd has around $1 billion to spend on shale gas assets in North America, which will act as a hedge against planned imports of U.S. liquefied natural gas, the company's managing director s

GAIL wants marketing margin on RLNG out of regulatory purview

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Gas utility GAIL India Ltd has demanded that the government keep the marketing margin the company and other state-owned firms charge on imported liquefied natural gas (LNG) outside the regulatory purv

ONGC Videsh, GAIL eye UK's Cove Energy in $1.2 bln deal: Paper

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ONGC Videsh Ltd, the overseas investment arm of state-run explorer Oil and Natural Gas Corp, and GAIL India are making a joint bid to acquire UK-based Cove Energy Plc, a newspaper reported on Saturday

IOC,GAIL looking at equity stake in Africa LNG projects: Reddy

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State-owned Indian Oil Corp and GAIL Ltd are looking at picking up an equity stake in LNG projects in Africa to meet growing energy needs of the country, Oil Minister S. Jaipal Reddy said on Friday.

GAIL's second quarter net profit up 29.48 percent

New Delhi: State-owned gas transmission and marketing company GAIL Wednesday reported a 29.48 percent increase in net profit for the second quarter of the current fiscal year on increased margins in h

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