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Economics of coal-based urea plant: Find out why promoters are finding the idea viable.  A greenfield hydro-power project: Know more about key contacts and future RFQs.  LNG fired power plant coming up: Find out how promoters are ensuring viability.  EOI to be floated for a workover rig.  Aliabet oil field: RFQs delayed.  Our Briefs.  Big cementing services contract: Order placed.  KG-DWN-98/2 update: An EPC contractor awards offshore survey work.  Well simulation RFQ coming up.  Pipeline and refinery updates .  Download Tenders and Newsclips.  PSU embarking on groundbreaking commercial solar-to-fuel conversion project .  Crude and Gas prices to stay steady in 2019.  Pipeline imports to play a big role in India going ahead.  Rs 300 crore Drilling Field Development: RFQ for H2S treatment and mobile affluent services expected soon.  Product Pipeline Expansion Project: Horizontal drilling RFQ coming up.  Greenfield LPG bottling plant: RFQ for equipment likely in February: Get key contact here.  Paradip's Propylene Recovery Unit: Find out the commissioning date .  Our Briefs.  NCLT orders liquidation of Nagarjuna Oil.  

Economics of coal-based urea plant: Find out why promoters are finding the idea viable

Dec 14: While being near an LNG facility, this fertilizer company is planning to set up an innovative coal-based ammonia-urea unit, following the Chinese example. China produces the bulk of its fertilizers from coal, instead of gas.
8Clearly, fertilizer project promoters are increasingly enamored with the economics of using coal instead of natural gas as a feedstock. While demand-supply forces are expected to push the price of gas up, those of coal are expected to stay down. Coal-based urea units had failed in India earlier, but Chinese companies have now shown the way to stay viable. While it is this government that pushed through a public sector coal-based urea unit, the idea seems to have been picked up by the private sector.
8The risk in using coal, however, is the possibility of imposition of a high carbon tax, but this promoter's logic is that as long as coal-based power has to stay viable in India, a syn gas based fertilizer unit will also stay economical.
8The point to note is that standard ammonia-urea unit consumes around 2.4 mmscmd of gas, and if a raft of coal-based units come up, there will be that much less demand for gas.
8Cost - Rs 7484 Crore
8Project Event: The internal discussion process is ongoing for a Process licensor and an EPC contractor. It will take a minimum two to three months for the release of RFQ, 
Click here for more details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 Crore
8Project Event: The purchase of major equipment and services is ongoing and tendering for Civil and Structural works for Main Utility & Substation has come out and the bid due date is extended from 12 December to 26 December 2018. Price bid has been opened for Effluent Treatment Plant and Sewage Treatment plant finalization is due in January 2019. 
 Click here for more details
   (Access to these links are available only through our sister site, www.indianfertilizer.com)
Details

A greenfield hydro-power project: Know more about key contacts and future RFQs

Dec 14: The civil package contractor is carrying out slide deposit works in the desilting tank area for an 84 MW greenfield hydropower project.
8Mobilization of hydro-mechanical equipment is in process.
8Know more about what kind of RFQs are still left to come out
Click on Details for more. 
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details

LNG fired power plant coming up: Find out how promoters are ensuring viability

Dec 14: This is one gas-based power project built in India that is likely to stay viable for reasons of its own.
The fuel-fired RLNG gas power project is at the DPR stage.
8Survey works have been completed.
8The project is proposed to run either on RLNG or on HSD technology.
8Statuary clearances are pending.
8Find out when the RFQs to expected to come out
Click on Details for more, including key contacts.
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details

EOI to be floated for a workover rig

Dec 14: 8Project Name: Drilling Field Development
8Project Cost: Rs 100 crore
8Project Description: A 3-well workover programme is coming up in the Cambay Basin
8Project Event: RFQ for hiring a workover drilling rig is expected by February 2019.
RFQ for hiring gas evacuation services is expected by March 2019.
8Expenditure Approval: Q3/2017
8RFQ Date: Feb/2019
8Release Date: Mar/2019
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more details
Details

Aliabet oil field: RFQs delayed

Dec 14: 8Project Name: Aliabet Oil Field Development
8Project Cost: Rs 156.40 crore
8Project Description: ONGC's RFQs for development of the Aliabet oil field in the NELP V CB-OSN-2003/1 Block have been delayed. Furthermore, the company has decided to change from EPC based mode to conventional owner-controlled mode.
8Expenditure Approval: Q2:2016
8RFQ Date: Mar/2019
8Release Date: May/2019
8Start Date: Q2:Jun/2019
8Completion Date: Q2:2020
Click here for more details
Details

Our Briefs

Dec 14: 8Get all the latest global maritime news here: Dozens of updates. Click on Report for more.
8Know more to why there is a floor to the current global oil price floor. Click on Report for more.
8KPMG had put up a big oil & gas show in Delhi. Know more click on Report.
8Green Banks are country-driven catalytic finance facilities designed to mobilize private investment into climate projects Green Banks can be placed within existing institutions or exist independently. Know more about how on what they fund and how to access such finding. Click on Report for more.
8The Suez Canal expansion: Are there any implications for the Indian oil industry? Click on Report for more.
8Get a full vendors list for solar power projects in India. Click on Report for more.
8Sale and purchase of ships: Get the latest on what is happening. Click on Report for more. Details

Big cementing services contract: Order placed

Dec 14: Find out how the deal was won
8What was the competition line
Click on Details for more Details

KG-DWN-98/2 update: An EPC contractor awards offshore survey work

Dec 14: Find out more on who the contractor is and to whom it was awarded
Get to know more details on:
8The pipelay vessel
8Construction support vessel
8Diver support vessel
Click on Details for more Details

Well simulation RFQ coming up

Dec 14: 8Project Name: Exploratory Drilling
8Project Cost: Rs 100 crore
8Project Description: Well simulation services for the 02 shale wells are coming up. The equipment required for the project will be Hydrofracturing Equipment, Proppant, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals.
8Project Event: RFQs for the Well Simulation Services and equipment are expected by Feb 2019
8Expenditure Approval: Q1/2017
8RFQ Date: Feb/2019
8Release Date: Mar/2019
8Start Date: Apr/2019
8Completion Date: Dec/2020
Click here for more details

Weatherford to supply Polished rod for ONGC's Ahmedabad Asset: Know more Details

Pipeline and refinery updates

Dec 14: 8Project Name: Paradip-Haldia-Durgapur-Patna-Muzaffarpur LPG Pipeline Expansion Project
8Project Event: RFQ for the Telecom and SCADA work is expected by February 2019.
8Expenditure Approval: Q1:2015
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q3:2017
8Completion Date: Dec/2020
Click here for more details

8Project Name: Koyali-Sanganer Product Pipeline augmentation project
8Project Cost: Rs 277 crore
8Project Event: RFQ for the Switchyard work for Koyali pumping station is expected by February instead of January 2019.
8Expenditure Approval: Q1:2015
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Feb/2015
8Completion Date: Oct/2019
Click here for more details

8Business opportunity for the maintenance contractor in the fluidized catalytic cracking unit Details

Download Tenders and Newsclips

Dec 14: For reference purposes the website carries here the following tenders:
8
Rate contract for Repair/ Rewinding of LT rotating machines for offshore platforms Details
8Procurement of Polyol GD-1 & Polyol GD-2 Details
8Procurement of Carbon Determinator Details
8Procurement of SRP Accessories for Surface Team Details
8Operation and Maintenance of existing STP in IPSHEM Details
8Hiring of Seismic Job Service and Shot Hole Drilling for 2D Seismic Data Acquisition Survey Details
8Supply of Splitter Column top Portion Details
8Supply of Consumables required for Cased Hole Operations Details
8Supply of Base Oil, Spindle Base Oil and White Oil Details
8Manufacturing, packing and supply of Bituminous Grades to Mazgaon Terminal Details
8Preparation of Basic Design Engineering Package for HGU Plant in refinery Details
8Supply of Compressor Spares for refinery Details
8Contract for Operation of Thermax Var Units installed in Delayed Coker Unit Details
8Consultant for Preparation of tender documents for Dismantling Works for 9 MMTPA CBR Project Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8
Exxon, BHP to develop Australian natural gas project Details
8PetroChina strikes large oil and gas flows in exploration well at Tarim basin Details
8LNG demand from top global buyers to grow four-fold to 80 MTPA by 2030 Details
8IEA sees global oil supply tightening more quickly in 2019 Details
8India did not let Russian-owned refinery buy Iranian oil: Iran minister Details
8Despite rising oil imports, energy security plan on track: Dharmendra Pradhan Details
8Risk factors rising for global oil markets: Economist Intelligence Unit Details
8IndianOil to buy back 3% equity shares for Rs 4,435 crore Details
8Nigeria files $1.1 billion London lawsuit against Shell, Eni over oil deal Details
8Oil prices dip, but expectations of tightening supply support Details
8Reliance's Nov oil imports down 9 per cent from Oct: Trade sources Details
8Auction of 25 oil and gas fields deferred by a month, says DGH Details
8Niti Aayog to reach out to cabinet secretary to move methanol blending plan Details
8U.N. climate talks produce draft text in final push Details
8Energy group Total sells 4 per cent of Ichthys to INPEX for $1.6 billion Details

You can also click on Newsclips for more  
Details

PSU embarking on groundbreaking commercial solar-to-fuel conversion project

Dec 13: A public sector company is embarking on a commercial scale solar-to-fuel conversion with the help of technology sourced from Israel.
8To this end, a 40 meters high solar tower is to be built, which will be heated up to temperatures of over 750-800 C is to be generated.
8Rajasthan is where the project is to be located. 
Click on Reports for more Details

Crude and Gas prices to stay steady in 2019

Dec 13: Brent crude oil spot prices averaged $65 per barrel in November, down $16/b from October, the largest monthly average price decline since December 2014.
8The projection now is that Brent spot prices will average $61 in 2019.
8The Henry Hub natural gas spot price averaged $4.15/million British thermal units (MMBtu) in November, up $0.87/MMBtu from the October average.
8Henry Hub natural gas spot prices to average $3.11/MMBtu in 2019, down 6 cents from the 2018 average.
Click on Reports for more Details

Pipeline imports to play a big role in India going ahead

Dec 13: Fresh gas demand projections have come in for India for 2040
8Domestic gas production ramp-ups are expected in the 2020s (from the existing KG Basin discoveries) but after 2030
8Pipeline transportation will make up 25 cbm of the total gas imports of 62 bcm
8The increase in imports into India is projected to be sourced from both pipeline (about 16 bcm) and LNG (over 17 bcm)
Click on Reports for more Details

Rs 300 crore Drilling Field Development: RFQ for H2S treatment and mobile affluent services expected soon

Dec 13: 8Project Name: Drilling Field Development
8Project Cost: Rs 300 crore
8Project Description: RFQs for the hiring of H2S treatment and mobile effluent services are expected soon. Moreover, the company is soon expected to hire third-party inspection services for testing various environmental parameters. The environment clearance for the project has been granted and drilling is expected to start by February 2019.
8Project Event: RFQ for the H2S treatment and mobile effluent services is expected by January 2019
RFQ for the third-party inspection services is expected by April 2019
8Expenditure Approval: Q2/2016
8RFQ Date: Jan/2019
8Release Date: Mar/2019
8Start Date: Feb/2019
8Completion Date: Feb/2019
Click here for more details
Details

Product Pipeline Expansion Project: Horizontal drilling RFQ coming up

Dec 13: 8Project Name: Product Pipeline Expansion Project
8Project Cost: Rs 151 crore
8Project Description: MECON is PMC contractor
8Project Event: RFQ for the horizontal directional drilling work expected by February 2019.
8Expenditure Approval: Q1:2016
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q2:2017
8Completion Date: Sep/2019
Click here for more details
Details

Greenfield LPG bottling plant: RFQ for equipment likely in February: Get key contact here

Dec 13: 8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 100 crore
8Project Description: PMC has been selected
 Major equipment required: Tanks, mounded bullets, LPG discharge compressors, LPG Condensate, Mercaptane Dosing Pump, Discharge Pump, Cooling water pumps, Air compressors, Smoke detector, Heat detector, Hooter, Jettys, Separator, Monitor module, Control module, Filters.
8Project Event: RFQ for the listed equipment is expected by February 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details
Details

Paradip's Propylene Recovery Unit: Find out the commissioning date 

Dec 13: Indian Oil Corporation Limited had hired Toyo Engineering Limited as an EPCM contractor and Lyondell Basel, Italy, as the Technology Licensor to setup 1900 KTPA, Propylene Recovery Unit in its existing Paradip refinery.
8Know more about when commissioning is expected to happen Details

Our Briefs

Dec 13: 8The Prime Minister had put great emphasis on reducing India's rising import dependence on crude oil. The petroleum ministry has now listed out 11 different policy formulations subsequent to the PM's policy directions. Click on Report for more.
8What is the latest status on the DSF Bid Round-II? Click on Report for more.
8Converting cooking oil into bio-diesel has now become a viable business. As per a CARE report, the average consumption of oil in India is 14.4 kg per person per annum. The consumption in Delhi alone is 676,800 tonne per year. Even a 10% collection will result in a sizeable production of bio-diesel. India consumes 82 million tonne of edible oil annually. Click on Report for more.
8After more than a few back to back weekly increases, rates in the crude carriers market moved down, while despite the negative performance sentiment remains particularly firm across the board. Click on Report for more.
8Special oil sector bonds at Rs 1.30 lakh crore, Rs 10,000 crore interest paid yearly. Click on Report for more. Details

NCLT orders liquidation of Nagarjuna Oil

Dec 13: For reference purposes the website carries here the following tenders:
8
Procurement of Mobile Skid Mounted Three-phase Horizontal Separators Details
8Procurement, Installation & Commissioning of Core Flow Apparatus Details
8Hiring of services for supply and installation of Auto Gas Lift and Chemical Injection System Details
8AMC of Fire extinguishers Details
8Supply of Clean Fresh water on Callout basis for Ahmedabad Block Details
8Hiring of Services for Lifting Bags, Cutting and Loading of OWC in Cutting Pods located in Cement Bulk Handling Plant Details
8Procurement of Flameproof and Weather Proof LED Luminary and other materials for Kailaras Compressor station Details
8Procurement of Document Management System Details
8Procurement of molecular sieves and Ceramic Balls Details
8Casing, API, Seamless or ERW, Screwed and Coupled with API Monogram Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8
India’s LPG consumption drops for the first time in 5 years Details
8NCLT orders liquidation of Nagarjuna Oil Details
8Emissions from advanced economies set to rise in 2018: IEA Details
8Gulf must brace for long-term low oil price: Experts Details
8U.S. oil prices inch up amid stockpile drop, signs of easing trade tensions Details
8Companies vanishing act on GST invites taxmen Details
8High natural gas costs will shut us down: NCR industries to EPCA Details
8Land for Ratnagiri refinery should be available by 2019: B Ashok, Ratnagiri Refinery CEO Details
8Brazil oil regulator says Gasbol pipeline tender delayed Details
8India needs robust exports, investment to achieve 8% growth: ADB Economist Details
8India's fuel demand fell 1.8 per cent year on year in November Details
8France's Total sees robust demand for LNG from Russia's Yamal Details
8Novatek plans to speed up LNG reloading after U.S. criticism Details
8Mexico cancels oil block auctions for private firms under new president Details
You can also click on Newsclips for more  
Details

Economics of coal-based urea plant: Find out why promoters are finding the idea viable

Dec 14: While being near an LNG facility, this fertilizer company is planning to set up an innovative coal-based ammonia-urea unit, following the Chinese example. China produces the bulk of its fertilizers from coal, instead of gas.
8Clearly, fertilizer project promoters are increasingly enamored with the economics of using coal instead of natural gas as a feedstock. While demand-supply forces are expected to push the price of gas up, those of coal are expected to stay down. Coal-based urea units had failed in India earlier, but Chinese companies have now shown the way to stay viable. While it is this government that pushed through a public sector coal-based urea unit, the idea seems to have been picked up by the private sector.
8The risk in using coal, however, is the possibility of imposition of a high carbon tax, but this promoter's logic is that as long as coal-based power has to stay viable in India, a syn gas based fertilizer unit will also stay economical.
8The point to note is that standard ammonia-urea unit consumes around 2.4 mmscmd of gas, and if a raft of coal-based units come up, there will be that much less demand for gas.
8Cost - Rs 7484 Crore
8Project Event: The internal discussion process is ongoing for a Process licensor and an EPC contractor. It will take a minimum two to three months for the release of RFQ, 
Click here for more details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 Crore
8Project Event: The purchase of major equipment and services is ongoing and tendering for Civil and Structural works for Main Utility & Substation has come out and the bid due date is extended from 12 December to 26 December 2018. Price bid has been opened for Effluent Treatment Plant and Sewage Treatment plant finalization is due in January 2019. 
 Click here for more details
   (Access to these links are available only through our sister site, www.indianfertilizer.com)
Details

A greenfield hydro-power project: Know more about key contacts and future RFQs

Dec 14: The civil package contractor is carrying out slide deposit works in the desilting tank area for an 84 MW greenfield hydropower project.
8Mobilization of hydro-mechanical equipment is in process.
8Know more about what kind of RFQs are still left to come out
Click on Details for more. 
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details

LNG fired power plant coming up: Find out how promoters are ensuring viability

Dec 14: This is one gas-based power project built in India that is likely to stay viable for reasons of its own.
The fuel-fired RLNG gas power project is at the DPR stage.
8Survey works have been completed.
8The project is proposed to run either on RLNG or on HSD technology.
8Statuary clearances are pending.
8Find out when the RFQs to expected to come out
Click on Details for more, including key contacts.
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details

EOI to be floated for a workover rig

Dec 14: 8Project Name: Drilling Field Development
8Project Cost: Rs 100 crore
8Project Description: A 3-well workover programme is coming up in the Cambay Basin
8Project Event: RFQ for hiring a workover drilling rig is expected by February 2019.
RFQ for hiring gas evacuation services is expected by March 2019.
8Expenditure Approval: Q3/2017
8RFQ Date: Feb/2019
8Release Date: Mar/2019
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more details
Details

Aliabet oil field: RFQs delayed

Dec 14: 8Project Name: Aliabet Oil Field Development
8Project Cost: Rs 156.40 crore
8Project Description: ONGC's RFQs for development of the Aliabet oil field in the NELP V CB-OSN-2003/1 Block have been delayed. Furthermore, the company has decided to change from EPC based mode to conventional owner-controlled mode.
8Expenditure Approval: Q2:2016
8RFQ Date: Mar/2019
8Release Date: May/2019
8Start Date: Q2:Jun/2019
8Completion Date: Q2:2020
Click here for more details
Details

Our Briefs

Dec 14: 8Get all the latest global maritime news here: Dozens of updates. Click on Report for more.
8Know more to why there is a floor to the current global oil price floor. Click on Report for more.
8KPMG had put up a big oil & gas show in Delhi. Know more click on Report.
8Green Banks are country-driven catalytic finance facilities designed to mobilize private investment into climate projects Green Banks can be placed within existing institutions or exist independently. Know more about how on what they fund and how to access such finding. Click on Report for more.
8The Suez Canal expansion: Are there any implications for the Indian oil industry? Click on Report for more.
8Get a full vendors list for solar power projects in India. Click on Report for more.
8Sale and purchase of ships: Get the latest on what is happening. Click on Report for more. Details

Big cementing services contract: Order placed

Dec 14: Find out how the deal was won
8What was the competition line
Click on Details for more Details

KG-DWN-98/2 update: An EPC contractor awards offshore survey work

Dec 14: Find out more on who the contractor is and to whom it was awarded
Get to know more details on:
8The pipelay vessel
8Construction support vessel
8Diver support vessel
Click on Details for more Details

Well simulation RFQ coming up

Dec 14: 8Project Name: Exploratory Drilling
8Project Cost: Rs 100 crore
8Project Description: Well simulation services for the 02 shale wells are coming up. The equipment required for the project will be Hydrofracturing Equipment, Proppant, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals.
8Project Event: RFQs for the Well Simulation Services and equipment are expected by Feb 2019
8Expenditure Approval: Q1/2017
8RFQ Date: Feb/2019
8Release Date: Mar/2019
8Start Date: Apr/2019
8Completion Date: Dec/2020
Click here for more details

Weatherford to supply Polished rod for ONGC's Ahmedabad Asset: Know more Details

Pipeline and refinery updates

Dec 14: 8Project Name: Paradip-Haldia-Durgapur-Patna-Muzaffarpur LPG Pipeline Expansion Project
8Project Event: RFQ for the Telecom and SCADA work is expected by February 2019.
8Expenditure Approval: Q1:2015
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q3:2017
8Completion Date: Dec/2020
Click here for more details

8Project Name: Koyali-Sanganer Product Pipeline augmentation project
8Project Cost: Rs 277 crore
8Project Event: RFQ for the Switchyard work for Koyali pumping station is expected by February instead of January 2019.
8Expenditure Approval: Q1:2015
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Feb/2015
8Completion Date: Oct/2019
Click here for more details

8Business opportunity for the maintenance contractor in the fluidized catalytic cracking unit Details

Download Tenders and Newsclips

Dec 14: For reference purposes the website carries here the following tenders:
8
Rate contract for Repair/ Rewinding of LT rotating machines for offshore platforms Details
8Procurement of Polyol GD-1 & Polyol GD-2 Details
8Procurement of Carbon Determinator Details
8Procurement of SRP Accessories for Surface Team Details
8Operation and Maintenance of existing STP in IPSHEM Details
8Hiring of Seismic Job Service and Shot Hole Drilling for 2D Seismic Data Acquisition Survey Details
8Supply of Splitter Column top Portion Details
8Supply of Consumables required for Cased Hole Operations Details
8Supply of Base Oil, Spindle Base Oil and White Oil Details
8Manufacturing, packing and supply of Bituminous Grades to Mazgaon Terminal Details
8Preparation of Basic Design Engineering Package for HGU Plant in refinery Details
8Supply of Compressor Spares for refinery Details
8Contract for Operation of Thermax Var Units installed in Delayed Coker Unit Details
8Consultant for Preparation of tender documents for Dismantling Works for 9 MMTPA CBR Project Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8
Exxon, BHP to develop Australian natural gas project Details
8PetroChina strikes large oil and gas flows in exploration well at Tarim basin Details
8LNG demand from top global buyers to grow four-fold to 80 MTPA by 2030 Details
8IEA sees global oil supply tightening more quickly in 2019 Details
8India did not let Russian-owned refinery buy Iranian oil: Iran minister Details
8Despite rising oil imports, energy security plan on track: Dharmendra Pradhan Details
8Risk factors rising for global oil markets: Economist Intelligence Unit Details
8IndianOil to buy back 3% equity shares for Rs 4,435 crore Details
8Nigeria files $1.1 billion London lawsuit against Shell, Eni over oil deal Details
8Oil prices dip, but expectations of tightening supply support Details
8Reliance's Nov oil imports down 9 per cent from Oct: Trade sources Details
8Auction of 25 oil and gas fields deferred by a month, says DGH Details
8Niti Aayog to reach out to cabinet secretary to move methanol blending plan Details
8U.N. climate talks produce draft text in final push Details
8Energy group Total sells 4 per cent of Ichthys to INPEX for $1.6 billion Details

You can also click on Newsclips for more  
Details

PSU embarking on groundbreaking commercial solar-to-fuel conversion project

Dec 13: A public sector company is embarking on a commercial scale solar-to-fuel conversion with the help of technology sourced from Israel.
8To this end, a 40 meters high solar tower is to be built, which will be heated up to temperatures of over 750-800 C is to be generated.
8Rajasthan is where the project is to be located. 
Click on Reports for more Details

Crude and Gas prices to stay steady in 2019

Dec 13: Brent crude oil spot prices averaged $65 per barrel in November, down $16/b from October, the largest monthly average price decline since December 2014.
8The projection now is that Brent spot prices will average $61 in 2019.
8The Henry Hub natural gas spot price averaged $4.15/million British thermal units (MMBtu) in November, up $0.87/MMBtu from the October average.
8Henry Hub natural gas spot prices to average $3.11/MMBtu in 2019, down 6 cents from the 2018 average.
Click on Reports for more Details

Pipeline imports to play a big role in India going ahead

Dec 13: Fresh gas demand projections have come in for India for 2040
8Domestic gas production ramp-ups are expected in the 2020s (from the existing KG Basin discoveries) but after 2030
8Pipeline transportation will make up 25 cbm of the total gas imports of 62 bcm
8The increase in imports into India is projected to be sourced from both pipeline (about 16 bcm) and LNG (over 17 bcm)
Click on Reports for more Details

Rs 300 crore Drilling Field Development: RFQ for H2S treatment and mobile affluent services expected soon

Dec 13: 8Project Name: Drilling Field Development
8Project Cost: Rs 300 crore
8Project Description: RFQs for the hiring of H2S treatment and mobile effluent services are expected soon. Moreover, the company is soon expected to hire third-party inspection services for testing various environmental parameters. The environment clearance for the project has been granted and drilling is expected to start by February 2019.
8Project Event: RFQ for the H2S treatment and mobile effluent services is expected by January 2019
RFQ for the third-party inspection services is expected by April 2019
8Expenditure Approval: Q2/2016
8RFQ Date: Jan/2019
8Release Date: Mar/2019
8Start Date: Feb/2019
8Completion Date: Feb/2019
Click here for more details
Details

Product Pipeline Expansion Project: Horizontal drilling RFQ coming up

Dec 13: 8Project Name: Product Pipeline Expansion Project
8Project Cost: Rs 151 crore
8Project Description: MECON is PMC contractor
8Project Event: RFQ for the horizontal directional drilling work expected by February 2019.
8Expenditure Approval: Q1:2016
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q2:2017
8Completion Date: Sep/2019
Click here for more details
Details

Greenfield LPG bottling plant: RFQ for equipment likely in February: Get key contact here

Dec 13: 8Project Name: Barkhani Greenfield LPG Bottling Plant
8Project Cost: Rs 100 crore
8Project Description: PMC has been selected
 Major equipment required: Tanks, mounded bullets, LPG discharge compressors, LPG Condensate, Mercaptane Dosing Pump, Discharge Pump, Cooling water pumps, Air compressors, Smoke detector, Heat detector, Hooter, Jettys, Separator, Monitor module, Control module, Filters.
8Project Event: RFQ for the listed equipment is expected by February 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: Feb/2019
8Release Date: Feb/2019
8Start Date: Q4:2018
8Completion Date: Q4:2020
Click here for more details
Details

Paradip's Propylene Recovery Unit: Find out the commissioning date 

Dec 13: Indian Oil Corporation Limited had hired Toyo Engineering Limited as an EPCM contractor and Lyondell Basel, Italy, as the Technology Licensor to setup 1900 KTPA, Propylene Recovery Unit in its existing Paradip refinery.
8Know more about when commissioning is expected to happen Details

Our Briefs

Dec 13: 8The Prime Minister had put great emphasis on reducing India's rising import dependence on crude oil. The petroleum ministry has now listed out 11 different policy formulations subsequent to the PM's policy directions. Click on Report for more.
8What is the latest status on the DSF Bid Round-II? Click on Report for more.
8Converting cooking oil into bio-diesel has now become a viable business. As per a CARE report, the average consumption of oil in India is 14.4 kg per person per annum. The consumption in Delhi alone is 676,800 tonne per year. Even a 10% collection will result in a sizeable production of bio-diesel. India consumes 82 million tonne of edible oil annually. Click on Report for more.
8After more than a few back to back weekly increases, rates in the crude carriers market moved down, while despite the negative performance sentiment remains particularly firm across the board. Click on Report for more.
8Special oil sector bonds at Rs 1.30 lakh crore, Rs 10,000 crore interest paid yearly. Click on Report for more. Details

NCLT orders liquidation of Nagarjuna Oil

Dec 13: For reference purposes the website carries here the following tenders:
8
Procurement of Mobile Skid Mounted Three-phase Horizontal Separators Details
8Procurement, Installation & Commissioning of Core Flow Apparatus Details
8Hiring of services for supply and installation of Auto Gas Lift and Chemical Injection System Details
8AMC of Fire extinguishers Details
8Supply of Clean Fresh water on Callout basis for Ahmedabad Block Details
8Hiring of Services for Lifting Bags, Cutting and Loading of OWC in Cutting Pods located in Cement Bulk Handling Plant Details
8Procurement of Flameproof and Weather Proof LED Luminary and other materials for Kailaras Compressor station Details
8Procurement of Document Management System Details
8Procurement of molecular sieves and Ceramic Balls Details
8Casing, API, Seamless or ERW, Screwed and Coupled with API Monogram Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
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India’s LPG consumption drops for the first time in 5 years Details
8NCLT orders liquidation of Nagarjuna Oil Details
8Emissions from advanced economies set to rise in 2018: IEA Details
8Gulf must brace for long-term low oil price: Experts Details
8U.S. oil prices inch up amid stockpile drop, signs of easing trade tensions Details
8Companies vanishing act on GST invites taxmen Details
8High natural gas costs will shut us down: NCR industries to EPCA Details
8Land for Ratnagiri refinery should be available by 2019: B Ashok, Ratnagiri Refinery CEO Details
8Brazil oil regulator says Gasbol pipeline tender delayed Details
8India needs robust exports, investment to achieve 8% growth: ADB Economist Details
8India's fuel demand fell 1.8 per cent year on year in November Details
8France's Total sees robust demand for LNG from Russia's Yamal Details
8Novatek plans to speed up LNG reloading after U.S. criticism Details
8Mexico cancels oil block auctions for private firms under new president Details
You can also click on Newsclips for more  
Details
  • Dec 13: Power Sector: Projects in pipeline:Details
  • Dec 12: Power Projects: Software Updates:Details
  • Dec 12: Single tariff on HBJ network: Landed LNG price can go up 15-20%:Details
  • Dec 12: Business development: Rs 9000 crore pipeline network coming up:Details
  • Dec 12: India on a pipeline building spree:Details
  • Dec 12: China's gas transformation: Lessons for India:Details