The RIL-BP combine has made its maiden bid for an oil and gas exploration block in more than a decade, vying for one of the 32 blocks up for auction in the OALP-II and III bid rounds. Meanwhile, mining major Vedanta has put in as many as 30 bids and […]

GAIL India has announced borrowing Rs 20 billion loan from State Bank of India to meet its general capital expenditure requirement. In a statement, GAIL said it signed with SBI a rupee term loan agreement of Rs 20 billion having a door-to-door tenure of 15 years. It further said the […]

The extension of GAIL India Ltd’s ‘Urja Ganga’ pipeline up to Guwahati in Assam, has received the approval of oil regulator PNGRB. Petroleum Minister Dharmendra Pradhan said: “Petroleum and Natural Gas Regulatory Board (PNGRB) has accorded the Provisional Acceptance to GAIL on February 2 for the proposal for laying, building, […]

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