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

India is studying the potential of shale gas and is watching safety and technology developments in other countries closely, the deputy chairman of its planning commission said on Thursday.

"We are ex

Jan. 25: Oil and gas major ONGC has found shale gas indication from a shale gas pilot project it was carrying out in West Bengal. If this project is successful, it could result in a major boost to Ind

Sept. 12: Reliance Industries has completed the purchase of a shale gas property in the US on Sunday. RIL had signed an agreement to buy a 60 per cent stake in a 1.04 lakh acre project for $392 millio

Aug. 5: Reliance Industries, India’s largest private sector firm, has made its fourth major acquisition this financial year. The company will spend $392 million to acquire further shale gas acreage in