Thursday, September 29, 2022
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GAIL making spot LNG purchases from US, Qatar, Australia after supplies from Gazprom dry

GAIL is making spot purchases from the United States (US), Qatar and Australia to bridge the gap after a former unit of Russia’s Gazprom defaulted on LNG deliveries, said sources

Gazprom pays ‘meagre’ penalty for defaulted LNG deliveries to GAIL

A former unit of Russia's Gazprom is paying a 'meagre' penalty for the LNG cargoes it had failed to deliver to India since early June, a top govt official said

Govt terminates ES Ranganathan as GAIL director; repatriates him to ED post

The govt has terminated ES Ranganathan from the position of Director (Marketing) of GAIL (India) Ltd and repatriated him as executive director of the company

GAIL to achieve net-zero emissions by 2040, says Chairman

GAIL is targeting net-zero carbon emission from its operations by 2040, ahead of targets set by other state-owned firms, chairman Manoj Jain said

Distributed LNG: GAIL has initiated talks with CGD companies

Seeking buyers for its distributed LNG business, GAIL has initiated discussions with CGD companies who have evinced interest in the offtake of LNG

These PSUs paid for spectrum, frequencies they did not even use: CAG

An audit by the CAG has found that PSUs like ONGC, GAIL were assigned spectrums, frequencies which they paid for but did not use

Russia defaults on supply of at least 5 LNG cargoes to India

Russia has defaulted on the supply of 5 cargoes of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India, sources said

Pankh: GAIL to invest in start-Ups operating in focus areas

In a bid to support the Start-Ups operating in identified focus areas, GAIL (India) Limited plans to invest in such companies through its start-up initiative ‘Pankh’

International Yoga Day: PSU chiefs, employees strike yogic poses to celebrate the day

PSUs across the length and breadth of the country celebrated the 8th International Yoga Day on Tuesday, with employees and their families taking part in the event

GAIL posts highest-ever yearly PBT, PAT, revenue in FY22 on higher gas margins

GAIL has posted a 41% rise in PAT in Q4 of FY22 at Rs 2,683 crore, up from Rs 1,908 crore in Q4 FY21 on account of improved gas marketing spread

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