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BLAMING GAIL
Bengaluru traffic trauma: 44,000 intersections, only 5,000 copsWhile traffic junctions on important roads are manned, smaller intersections are increasingly becoming a nightmare for commuters.- Bengaluru municipal body retakes the onus of repairing roads cut by companiesA decision to this effect was taken at a recently-held coordination committee meeting of various Bengaluru-related departments chaired by t...
- We are expecting a lot of good orders in the oil and gas sector from GAIL: Neeraj Kumar, Jindal Saw"We do expect a sluggish export based primarily on Middle East and Europe but more than that it will be made up by the domestic sector beca...
- Mapping the market: Investors make Rs 25K crore in choppy session; oil stocks get slick dealBlame it on the HDFC duo or European markets, Sensex went haywire in late trade, only to close flat. Here’s a look at what transpired throu...
- Government recovers Rs 368 crore additional profit from RILGovernment has recovered nearly a third of the USD 195.34 million additional profit it is claiming from Reliance Industries' KG-D6 field as...
- GAIL must pay Rs 20 lakh in penalty for pipeline explosion: RegulatorThe probe panel findings and the penalty has highlighted lax safety standards at India’s largest pipeline operator.
- Government probe says GAIL India’s negligence caused Telangana pipeline accidentGAIL India , led by chairman BC Tripathi, has been battling squeezing profits lately as most of its pipelines stay underutilised.
- Oil Ministry wants to recoup KG-D6 profit share from Panna fieldsThe Ministry asked upstream regulator DGH to suggest possible alternatives for the recovery of $195 million, sources privy to the matter sa...
- Government runs into hurdles in recovering revenues from RIL-operated KG-D6 blockGAIL and CPCL told the oil ministry that they cannot collect revenues from RIL-operated KG-D6 block as they are not buyers of oil and gas f...
- GAIL pipeline fire due to collective failure: Oil ministry probe reportGAIL's pipeline in AP that killed 22 persons in June this year was a result a collective failure of the system, an oil ministry probe has c...
- Setback to Oil Ministry: GAIL, Chennai Petroleum refuse to comply with KG-D6 orderOil Minister Pradhan had last month told the Parliament that his Ministry has disallowed RIL from recovering $2.376 bn invested to develop ...
- Petroleum Ministry says negligence caused fire at GAIL pipeline in Andhra PradeshA spark, possibly from a cigarette or bidi lit by a local, at 0545 hours led to condensate and cloud of gas catching fire with a loud explo...
- GAIL’s Rs 3400 Crore pipeline project hits land block in Tamil NaduThe state-run firm has scrapped a supply contract worthRs 250 crore awarded to engineering firm Fabtech for building 300 km of the 900 km p...
- Petronet blames Gail for 90% idle capacity at Kochi terminalPetronet LNG accused Gail India of underutilising its capacity at Kochi terminal, which has received the first cargo of liquefied natural g...
- Petronet LNG to start gas supply from Kochi; blames Gail for under utilisationPetronet LNG Ltd announced on Thursday that the Kochi terminal would start commercial supply of gas in a week's time.
- PNGRB seeks cancellation of KG-D6 pipeline permits given to RGTIL & GAILPNGRB says that licences for pipelines being planned by GAIL & RGTIL should be revoked as work has not progressed on the projects for a lon...
- GAIL performing much better than ONGC: Dimensions ConsultingWe do not like ONGC at all because in last 4-5 years they made a mess of what they were sitting on.
- RIL to buy 67% stake in AP city gas distributorMukesh Ambani-led Reliance Industries (RIL) will pick up a 67% stake in Krishna Godavari Gas Network (KGGNL), a company set up to develop a...
- Oil PSU strike affects HVJ gas supplyDefying High Court orders, oil PSU executives on Wednesday began their indefinite strike for higher wages, affecting gas supplies on the ma...
- Iran blames 'misunderstanding' for fall of LNG deal with IndiaIran's new Oil Minister Gholamhossein Nozari has blamed a "misunderstanding" for the fall of the 22-billion dollar deal to export five mill...
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