GAIL (INDIA) LTD

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• Bidding for CBM blocks to start on Feb 15, end on March 15: DGH

  The government has offered 15 blocks in Maharashtra, Madhya Pradesh, West Bengal, Jharkhand, Odisha and Chhattisgarh for extracting gas from coal seams

  

• Pawan Kumar takes over as Director (Commercial) at IGL

  Kumar has taken over the position of Director (Commercial) from Amit Garg, who has been repatriated to his parent organization BPCL to head the new vertical of renewable energy, IGL said in a statement.

  

• GAIL Q2 results: Net profit doubles to Rs 2,863 crore

  Net profit of Rs 2,862.95 crore, or Rs 6.45 per share, in July-September, was 131 per cent higher than Rs 1,239.67 crore, or Rs 2.75 a share, in the same period last fiscal, according to the company's stock exchange filing.

  

• Diesel price rise blows INR 700cr hole for Coal India in Q1FY22

  The state-run miner has been drawing up plans to replace its diesel-run heavy machinery with LNG-fired equipment, and adding 1,500 electric vehicles to its fleet in the next five years to support carbon emission cuts.

  

• Make GAIL lay its pipeline along the highways: Panneerselvam

  Panneerselvam said GAIL is laying its gas pipeline on farm lands in Krishnagiri district. much against the wishes of the farmers there.

  

• GAIL shares gain over 2 pc after Q4 earnings

  Higher profitability was mainly due to improved performance of the petrochemical business as well as natural gas marketing and LPG segment, he said

  

• Dominion Maryland Cove Point LNG export plant starts to exit outage

  The amount of natural gas flowing on pipelines to the plant was on track to reach 0.5 billion cubic feet per day (bcfd) on Monday from around zero since it shut on Sept. 20, the data showed

  

• GAIL was set up for natural gas transportation: Dharmendra Pradhan

  Oil Minister Dharmendra Pradhan on the issue of splitting gas utility GAIL today said a decade-old policy provides for a natural gas transporter not having any interest in marketing of the fuel.

  

• Factories using cheaper liquid fuels hit gas offtake; pushing up environmental costs for India

  Factories are dumping cleaner but expensive gas in favour of cheaper liquid fuels following a crash in crude oil prices and the fact that Indian imports of liquefied natural gas (LNG) are estimated to be the most costly in the world.

  

• GAIL to lay gas pipeline in Yamunanagar Industrial Area

  Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has permitted GAIL (India) Ltd for laying of a 3.85-km gas pipeline within Old industrial area, Yamunanagar for supply of gas to its prospective customers in this area.

  

• Government nod for natural gas diversion from RCF to power plants

  RCF gets 2.2 million standard cubic metres per day of gas from Reliance Industries' eastern offshore KG-D6 fields for production of urea at its plant.