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Today's update in E&P, Midstream-Downstream & CGD sector.  Oil & Gas Sector: Get all winning contracts of the day.  Oil & Gas Sector: All new tenders of the day.   Daily forward looking import matrices.  Panipat District City Gas Distribution Project.  Bulandshahr District City Gas Distribution Project.  IEA: global oil stocks on track for historical lows ahead of summer peak .  Gas supplier recaptures its biggest market.  Praj's ethanol engine stalls just as India talks up 30% blending.  INOX CVA bets the next leg on hydrogen and fusion while LNG trailers pay the bills .  CGD networks have found their biggest threat: And it isn't a leak .  SEAMEC locks in two more years on ONGC's Samudra Prabha.  ONGC testing bundled services tender for two 3000m DP drillship rigs pushed to a later date after repeated bidder-risk friction.  EIL’s 125 TPD Kolhapur CBG plant may reset how India contracts bioenergy EPC.  GAIL’s pipeline survey tender draws eight bidders, but the real story is the two-section award ceiling.  Win exposes a sharp risk split in PHBPL integrity pricing.  Quippo wins rig tender.  ONGC PRP-X corrigendum tightens foreign EMD, currency rules and bidder eligibility for offshore pipeline EPCI.  CGD Briefs.  Everest Kanto's profit jumps 50%.  Today's update in E&P, Midstream-Downstream & CGD sector.  E&P contracting brief: Part I.  E&P contracting brief: Part II.  Downstream contracting briefs: Part I.  Downstream contracting briefs: Part II.   Daily forward looking import matrices.  Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output .  Ernakulam District City Gas Distribution Project.  Chandigarh District City Gas Distribution Project.  PSU firm writes off Rs 527 crore on a soured E&P bet.  India is building gas highways for trucks: But the world has moved on since.  Gas: The crisis India should be planning for is the glut.  HSD procured from IOCL & HPCL: Bulk-diesel middlemen in trouble.  The primary owner of the Tata Group is in distress: How is ONGC impacted?.  Gas pipelines: PNGRB quietly arms itself with shutdown powers.  Gas supplier sues Rs 1,200 crore from Gujarat's state gas major for molecules it never lifted.  Oil & Gas Sector: Get all winning contracts of the day.  Oil & Gas Sector: All new tenders of the day.   Daily forward looking import matrices.  Downstream contracting briefs: Part V.  

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 03: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 03: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Oil & Gas Sector: All new tenders of the day

Jun 03: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Daily forward looking import matrices

Jun 03: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details

Panipat District City Gas Distribution Project

Jun 03: 8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details

Bulandshahr District City Gas Distribution Project

Jun 03: 8Project Name: Bulandshahr District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

IEA: global oil stocks on track for historical lows ahead of summer peak

Jun 03: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Do flex-fuel vehicles offer better efficiency on pure ethanol than E20 petrol? Details
 8Torrent Group commissions green hydrogen plant in Gorakhpur, inaugurated by Yogi Adityanath Details
 8AM Green looks to build 1 mtpa green ammonia plant at Indian port Details
 8HPCL keen to invest in refinery and biogas sectors: CM Bhagwant Singh Mann Details
 8War shifts 80% of India's diesel exports to Africa Details
 8GAIL’s top contenders: who will lead the next big project? Details
 8The Iran war is pushing the global gas trade into the shadows Details
 8India’s LPG consumption hits over 5-year low in May Details
 8Inside Ultra Gas & Energy's plans to scale LNG refuelling network Details
 8Vadodara Gas hikes CNG, PNG prices by Rs 2 Details
 8Diesel share falls 16% as CNG and EVs gain while strong hybrid demand slips Details
 8For NCR cabbies, Delhi’s cheaper CNG no longer a perk, but necessity Details
 8What is holding back India’s piped gas transition Details
 8India’s fuel exports hit near four-year low in May amid rise in domestic demand Details
 8From $60 to $118 per barrel: India pays nearly double in four months for Russian oil, yet Russia remains top supplier - check numbers Details
 8India Inc sails past fourth-quarter estimates, but oil shock clouds outlook Details
 8India bonds end flat as RBI policy caution offsets cooler oil Details
 8ED searches against Vedanta Group in FEMA case Details
 8India’s fuel exports at 4-year low in May as domestic demand takes precedence Details
 8ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persists Details
 8US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA Details
 8Thiruvananthapuram sees rapid shift from LPG to PNG in households Details
 8Oil falls more than 1% after Trump says talks with Iran ongoing Details
 8Biogas projects to ensure effective agri waste management: Mann Details
 8Scientists discover hydrogen breakthrough that could cut energy costs and reshape clean fuel production Details
 8Crude oil futures slip amid uncertainty over US-Iran ceasefire talks Details
 8India's CPI inflation expected to rise to 4.8% with crude oil averaging $90/bbl in FY27: Report Details
 8Why Asia's oil lifeline can't survive on US crude alone Details
 8Persian Gulf oil tanker traffic may never fully recover Details
 8Why India’s LNG buying surges despite costly gas Details
 8IEA: global oil stocks on track for historical lows ahead of summer peak Details
 8HSBC flags a supersqueeze in the oil market Details
 8Ceasefire uncertainty remains the biggest driver for oil markets Details
 8$90 oil could lift India's inflation to 4.8% and slow GDP growth Details
 8Foundation stone to be laid for BPCL refinery in Andhra soon Details
 8Energy ties in focus as Venezuela's acting president begins India visit Details
 8US again throws India over the Russian oil barrel Details
 8NRL signs 10-year sulphur supply agreement with Teesta Agro Industries Details
 8BHEL and BPCL launch recruitment for key director positions; apply by June 22, 2026 Details
 8ONGC wins three awards for digital excellence at PSU IT Forum 2026 Details
 8Supreme Court clears Reliance Industries of fraud in RPL case Details
 You can also click on Newsclips for more Details

Gas supplier recaptures its biggest market

Jun 02: 8Volumes go up from less than 1 mmscmd to 8 mmscmd
Click on Details for more Details

Praj's ethanol engine stalls just as India talks up 30% blending

Jun 02: 8Find out what this is about
Click on Details for more Details

INOX CVA bets the next leg on hydrogen and fusion while LNG trailers pay the bills

Jun 02: 8How is that going on?
Click on Details for more Details

CGD networks have found their biggest threat: And it isn't a leak

Jun 02: It's the excavator.
8Third-party digging is the single biggest cause of distribution incident
8Operators are now geofencing their own pipes to catch the digger before it strikes.
Click on Details for more Details

SEAMEC locks in two more years on ONGC's Samudra Prabha

Jun 02: 8A small award that says something about how the offshore-vessel pool is consolidating.
Click on Details for more. Details

ONGC testing bundled services tender for two 3000m DP drillship rigs pushed to a later date after repeated bidder-risk friction

Jun 02: 8ONGC has extended the bid window for its deepwater testing bundled-services tender, but the extension does not dilute the toughest operating risks.
8The package still binds bidders to 15K offshore readiness, Kakinada base logistics, tight mobilization discipline and client-controlled on-hire timing.
Click on Details for more Details

EIL’s 125 TPD Kolhapur CBG plant may reset how India contracts bioenergy EPC

Jun 02: 8Find out why do we say so
Click on Details for more Details

GAIL’s pipeline survey tender draws eight bidders, but the real story is the two-section award ceiling

Jun 02: 8Find out more
Click on Details Details

Win exposes a sharp risk split in PHBPL integrity pricing

Jun 02: 8The L-1-L2 spread is too wide to be dismissed as routine competition in a specialist inspection tender. The bigger story is how bidders priced cleaning, rerun, standby and JDV-linked uncertainty after IOCL refused most risk carve-outs.
Click on Details for more Details

Quippo wins rig tender

Jun 02: 8A late amendment widened the technical gate while keeping the 1000 HP and statutory safety floor intact.
8The pricing spread now raises a sharper question on whether Quippo has found execution efficiency or absorbed margin stress.
Click on Details for more Details

ONGC PRP-X corrigendum tightens foreign EMD, currency rules and bidder eligibility for offshore pipeline EPCI

Jun 02: 8ONGC’s PRP-X corrigendum does more than clean up bid-security language.
8It adds a sharper filter around recent ONGC termination history and fixes how foreign bidders must secure and receive payments.
8The real consequence sits in how this reshapes the offshore EPCI bidder pool.
Click on Details for more Details

CGD Briefs

Jun 02: 8BPCL is awarding pipeline-laying work to six vendors at once
And signing off jobs up to Rs 50 lakh without a full tender. This may be subject to audit later
8GAIL Gas and others quietly standardise "L1-matching" empanelment
Tendering in name, but it is a single-rate in practice
8The CGD pricing war is now down to Rs 1 a day
Find out how that is going on
8GAIL drops the barriers on commercial PNG
Free piping, no penalties, TPI on the house
8Torrent puts a price on every conversion
Rs 400 to the vendor, Rs 50 to the agent
8Adani Total Gas is using the municipal commissioner as a conversion lever
Find out how
8Mumbai's land crunch is reshaping how CNG gets dispensed
How is that shaping up? Details

Everest Kanto's profit jumps 50%

Jun 02: 8How has it become the quiet beneficiary of every new CNG station India opens 
Click on Details for more Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 02: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

E&P contracting brief: Part I

Jun 02: 1) Pipeline maintenance tender gets price-format correction and extension after Cambay subtotal omission
8ONGC has corrected the financial breakup in its multi-asset pipeline maintenance tender after a formula error left out the Cambay Asset subtotal.
8The extension gives bidders more time, but the risk-heavy operating clauses remain largely untouched.
 
2) Low mast workover rig tender gets extension as HSD variation clause rewrites operating-day economics
8OIL has extended the Assam low mast workover rig tender. The bigger move is the late insertion of an HSD price variation clause into the SOR/BOQ.
8The formula changes how bidders price diesel risk without fully removing OIL’s cost controls.
 
3) 30 KVA genset tender gets extension as BEC lookback widens but reliability risk stays with contractors
8OIL has extended the 30 KVA genset tender to while widening the experience window from seven to ten years.
8The move may draw more bidders into the Assam-Arunachal well-site support contract.
8But the corrigendum keeps the tougher operational risk points largely intact.
 
4) CDWSG corrigendum resets ePBG, TPIA and query rules for multi-asset drilling/workover tender
8ONGC’s latest corrigendum does more than refresh bid conditions.
8It rewrites the commercial and compliance architecture across Assam Asset, MBA Basin, Rajahmundry Asset and Mehsana Asset.
8The sharper signal lies in how security, BEC verification and bidder queries are being controlled.
 
5) Pushes bid deadline for subsea tie-in EPCIC package after earlier clarification reset
8ONGC has issued a fresh date-extension corrigendum for its subsea tie-in EPCIC package.
8The move follows an earlier reset of the clarification and pre-bid schedule, pointing to bidder-side preparation pressure.
8The technical risk allocation, however, remains untouched.
 
Click on Details for more Details

E&P contracting brief: Part II

Jun 02: 1) Offshore refurbishment corrigendum loosens bidder entry but tightens cash and bank-control levers.
8ONGC’s latest corrigendum does more than clean up tender language.
8It relaxes yard and financial filters while inserting sharper banking, catering and payment controls.
8The deeper signal is a procurement reset for a technically demanding offshore repair package.
 
2) Bechraji GGS I & II corrigendum trims utility scope but tightens steel and financial compliance
8ONGC’s Bechraji surface facilities revamp has moved from simple LSTK packaging into a sharper risk-allocation exercise.
8The corrigendum deletes compressor and nitrogen-linked scope while adding tougher policy and financial documentation.
 
3) Extends western offshore microwave backbone tender after lower 6 GHz reset
8ONGC’s western offshore microwave tender has moved beyond a routine date shift.
8The extension follows a technical reset from 7 GHz to lower 6 GHz, revised BoQ instructions and bidder concerns over spectrum, certification and offshore logistics.
 
Click on Details for more Details

Downstream contracting briefs: Part I

Jun 02: 1) IOCL’s PRRPL/PHBMPL tender turns coating surveys into a high-resolution integrity audit
8IOCL is not merely buying CIPS, CAT and DCVG readings. The tender pushes the contractor toward a fuller diagnosis of coating health, CP gaps, DC interference and defect prioritisation across a large product pipeline network. The real question is whether the vendor market is ready to price data quality, field verification and interference risk as one package.

2) HPCL’s VRMP HGU Tr-2 tender turns cracked SS347H reformer header history into a high-control shutdown replacement package
8HPCL’s Visakh Refinery tender is not just another maintenance call-out. The scope is rooted in documented cracking across reformer inlet weldolet joints and pushes bidders into a narrow band of metallurgy-led execution capability. The commercial tension sits between RA-led price compression and a shutdown scope that leaves little room for weak mobilisation.

3) IOCL Haldia Refinery puts absolute viscosity at the centre of the VG30 to VG40 bitumen tender
8The tender is built around achieving at least 4000 poise in upgraded VG40 bitumen. That makes laboratory blend work and tank-wise dosing control the real battlefield. The commercial result depends on a QC number, not just material delivery.

4) NRL’s polypropylene cooling tower tender keeps fill choice specification-led as EIL tightens metallurgy, hydraulics and engineering baselines
8NRL’s cooling tower package for the polypropylene project has moved from a routine utility tender into a tighter engineering-control exercise. A bidder’s fill-type query was not entertained as a relaxation, while EIL’s amendment quietly hardened several technical inputs. The real issue is whether bidders can absorb the revised baseline without loading risk premiums into their price.

5) HPCL’s pre-reformer catalyst extension signals a thinner-than-expected vendor field at Visakh Refinery
8HPCL has kept the refinery-specific technical gate intact while giving bidders more time to comply. That points to a tender where competition may be constrained by proof of operating performance, not by price alone.

Click on Details for more Details

Downstream contracting briefs: Part II

Jun 02: 1) CPCL’s Manali refinery oil spill tender tests whether India has enough asset-backed OSR contractors
8The extension may be an early signal that the qualified vendor universe is not as deep as the tender assumes.

2) IOCL’s 22-inch Kandla ILI tender looks small, but the risk transfer is anything but
 8For specialist ILI vendors, the question is whether this is a compact job or a high-liability digital integrity mandate.

3) IOCL’s Mathura Refinery Prime-G+ catalyst tender gets a four-day bid extension without easing the specialist PQC filter
8IOCL has extended the bid deadline for Mathura Refinery’s spent hydrotreatment Prime-G+ catalyst regeneration package. The extra window looks procedural, but the tender’s real friction sits in Axens-linked confidentiality, hydrotreating-unit experience and hazardous-waste licensing. Whether the extension widens the vendor field or merely buys documentation time is the unresolved question.

4) CPCL extends Manali UOP PSA expert-service tender without reopening technical risk terms
8The extension is procedural on paper, but the tender’s nil-deviation format and specialist troubleshooting scope sharpen the participation question. The real issue is whether a softer security package can still secure high-grade PSA diagnostic capability.

5) IOCL Gujarat Refinery power-trading tender shifts competition from energy pass-through to trader margin and liquidity discipline
8IOCL has kept the refinery’s exchange-power procurement flexible while removing several entry frictions for bidders. The catch lies in a floor-priced fixed base, no minimum offtake and a trader-funded exchange-payment cycle. The pre-bid minutes reveal where the real commercial tension sits.

Click on Details for more Details

Daily forward looking import matrices

Jun 02: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output

Jun 02: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Taiwan secures LNG shipping schedules through August Details
 8BP sells 5% stake in Australian Browse LNG project to South Korea's GS Energy Details
 8U.S. gas exporters ask to push back EU methane regulation Details
 8CB&I scores multimillion-dollar assignment for $13 billion U.S. LNG project Details
 8Maritime frameworks ‘splitting LNG shipping in two’ Details
 8Danish shipyard remains key lifeline for Russia’s Yamal LNG fleet Details
 8KN Energies awarded contract for FSRU project in the Gulf of Gdansk Details
 8Marubeni transfers Taiwanese LNG-fired combined-cycle power generation project shares Details
 8Mahanagar Gas and Fourth Partner Energy sign MoU to expand clean power for industrial users Details
 8Three, including father and son, die after gas leak in Ludhiana factory Details
 8Nitin Gadkari unveils ethanol-based stoves: Can they replace LPG stoves? Details
 8Indian crude oil basket falls below $100 for the first time in three months Details
 8INR likely to surrender gains near three-week high as oil prices rebound on war uncertainty Details
 8Rupee falls 34 paise to close at 95.19 against U.S. dollar amid rising crude prices Details
 8Why India’s crude oil import dependence continues to rise Details
 8Fuel price hikes again as India’s oil shock moves downstream Details
 8Ukraine and Lithuania seal LNG supply deal Details
 8BP sells 5% stake in Australia’s newest $35 billion LNG project Details
 8Pakistan inflation accelerates to 11.7% on oil and gas import shock Details
 8Rystad: U.S.-Iran re-escalation could drive oil to $180 by August Details
 8India’s LNG industry pushes for government backing as diesel costs surge Details
 8An LNG glut is on its way Details
 8OMCs losing Rs.650 per domestic LPG cylinder and Rs.30 per litre on ATF sales Details
 8Oil India subsidiary OGEL forms joint venture for bioenergy projects Details
 8India bonds slip ahead of RBI policy as war risks lift oil Details
 8India likely to mandate isobutanol-diesel blending to cut crude oil dependence Details
 8Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output Details
 8HPCL reports 6.4% growth in fuel sales in May Details
 8U.S. energy exports hit record high in 2025; net exports surge 20%, imports decline 5%: EIA Details
 8Crude oil futures rebound 3% to Rs.8,536 per barrel on renewed U.S.-Iran tensions Details
 8UP Minister OP Rajbhar defends LPG price hike, says move will curb hoarding Details
 8Rupee falls 9 paise to 94.94 against U.S. dollar in early trade Details
 8ATF for international airlines cut 27%; commercial LPG and 5-kg cylinder prices raised Details
 8Commercial LPG cylinder prices rise sharply in June 2026: Impact on businesses and fuel security Details
 8Crude jumps over 2% after Israel intensifies attacks in Lebanon despite ceasefire Details
 8Windfall gains tax slashed on petrol, diesel, and ATF exports Details
 8Refiners adjust to new crude mix as Hormuz crisis tightens supply Details
 8Commercial LPG cylinder price hiked by Rs.42 in Delhi with effect from June 1 Details
 8Cochin Shipyard extends additional charge of CMD to Jose V. J. Details
 8MRPL announces key senior management change; appoints new Executive Director (Projects) Details
 8BPCL extends Rs.5.4 lakh insurance support to driver’s family under SmartFleet Program Details
 8HPCL assigns additional charge of Director (Finance) to Shri K.S. Shetty Details
You can also click on Newsclips for more Details

Ernakulam District City Gas Distribution Project

Jun 02: 8Project Name: Ernakulam District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details

Chandigarh District City Gas Distribution Project

Jun 02: 8Project Name: Chandigarh District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details

PSU firm writes off Rs 527 crore on a soured E&P bet

Jun 01: 8A private partner stopped paying its share, so the PSU booked the entire receivable as a loss — and moved to seize the partner's stake.
8A quiet impairment that shows just how badly the venture has gone wrong. Details

India is building gas highways for trucks: But the world has moved on since

Jun 01: 8Why India is betting on the wrong road
Click on Details for more Details

Gas: The crisis India should be planning for is the glut

Jun 01: 8And not the shortage 
Click on Details for more Details

HSD procured from IOCL & HPCL: Bulk-diesel middlemen in trouble

Jun 01: 8Find out more on what is going on
Click on Details Details

The primary owner of the Tata Group is in distress: How is ONGC impacted?

Jun 01: 8There is a back story to this
Find out more Details

Gas pipelines: PNGRB quietly arms itself with shutdown powers

Jun 01: 8Find out what the ever-intrusive regulator is trying to do now
Click on Details Details

Gas supplier sues Rs 1,200 crore from Gujarat's state gas major for molecules it never lifted

Jun 01: 8Find out what is this all about
Click on Details for more Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 01: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Oil & Gas Sector: All new tenders of the day

Jun 01: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Daily forward looking import matrices

Jun 01: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Downstream contracting briefs: Part V

Jun 01: 1) BPCL’s BPREP steam package gets an extension, but the real story is a tightly screened PRDS vendor pool
8The extension does not dilute the core technical gates around PRDS experience, manufacturing pedigree and local-content compliance. For executives, the signal is less about delay and more about how BPCL is shaping competition for critical steam-utility equipment.

2) IOCL extends catalyst micro-regeneration unit bid as technical queries expose tight reactor, analyzer and HAZOP risk
 8The pre-bid record shows bidders probing metallurgy, analyzer configuration, regeneration envelope and HAZOP responsibility. The real signal lies in how IOCL is preserving a demanding R&D specification while trying to keep the vendor field alive.

3) EIL extends MIL TNT project SS pressure vessel bid as proprietary cyclone separator controls tighten the supplier race
8A short deadline shift in EIL’s Khadki TNT plant tender hides a more technical procurement signal. The SS pressure vessel package is tied to a proprietary cyclone separator, NDA-gated drawings and zero-deviation bidding. The extra days may say more about bidder readiness than about schedule generosity.

4) BPCL’s BPREP coalescer tender gets an extension, but EIL keeps the risk stack intact
8BPCL’s BPREP coalescer package has moved dates, giving invited vendors more room to clear a tightly controlled bid process. The extension comes with no visible easing of zero-deviation terms, NDA gating or group-level delay exposure. The real story is not the extra time, but what EIL chose not to relax.

5) IOCL cancels Gujarat Refinery FCC-GRE RCC cooling tower LSTK tender after multiple technical risk clarifications
8IOCL’s cancelled Gujarat Refinery cooling tower tender was not a routine withdrawal. The record shows a 32,000 m3/hr RCC package carrying unresolved civil, electrical and interface pricing risk. The unanswered question is whether the next version will soften the risk transfer or sharpen it.

Click on Details for more Details

Today's update in E&P, Midstream-Downstream & CGD sector

Jun 03: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

Oil & Gas Sector: Get all winning contracts of the day

Jun 03: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Oil & Gas Sector: All new tenders of the day

Jun 03: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Daily forward looking import matrices

Jun 03: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details

Panipat District City Gas Distribution Project

Jun 03: 8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details

Bulandshahr District City Gas Distribution Project

Jun 03: 8Project Name: Bulandshahr District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details

IEA: global oil stocks on track for historical lows ahead of summer peak

Jun 03: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Do flex-fuel vehicles offer better efficiency on pure ethanol than E20 petrol? Details
 8Torrent Group commissions green hydrogen plant in Gorakhpur, inaugurated by Yogi Adityanath Details
 8AM Green looks to build 1 mtpa green ammonia plant at Indian port Details
 8HPCL keen to invest in refinery and biogas sectors: CM Bhagwant Singh Mann Details
 8War shifts 80% of India's diesel exports to Africa Details
 8GAIL’s top contenders: who will lead the next big project? Details
 8The Iran war is pushing the global gas trade into the shadows Details
 8India’s LPG consumption hits over 5-year low in May Details
 8Inside Ultra Gas & Energy's plans to scale LNG refuelling network Details
 8Vadodara Gas hikes CNG, PNG prices by Rs 2 Details
 8Diesel share falls 16% as CNG and EVs gain while strong hybrid demand slips Details
 8For NCR cabbies, Delhi’s cheaper CNG no longer a perk, but necessity Details
 8What is holding back India’s piped gas transition Details
 8India’s fuel exports hit near four-year low in May amid rise in domestic demand Details
 8From $60 to $118 per barrel: India pays nearly double in four months for Russian oil, yet Russia remains top supplier - check numbers Details
 8India Inc sails past fourth-quarter estimates, but oil shock clouds outlook Details
 8India bonds end flat as RBI policy caution offsets cooler oil Details
 8ED searches against Vedanta Group in FEMA case Details
 8India’s fuel exports at 4-year low in May as domestic demand takes precedence Details
 8ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persists Details
 8US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA Details
 8Thiruvananthapuram sees rapid shift from LPG to PNG in households Details
 8Oil falls more than 1% after Trump says talks with Iran ongoing Details
 8Biogas projects to ensure effective agri waste management: Mann Details
 8Scientists discover hydrogen breakthrough that could cut energy costs and reshape clean fuel production Details
 8Crude oil futures slip amid uncertainty over US-Iran ceasefire talks Details
 8India's CPI inflation expected to rise to 4.8% with crude oil averaging $90/bbl in FY27: Report Details
 8Why Asia's oil lifeline can't survive on US crude alone Details
 8Persian Gulf oil tanker traffic may never fully recover Details
 8Why India’s LNG buying surges despite costly gas Details
 8IEA: global oil stocks on track for historical lows ahead of summer peak Details
 8HSBC flags a supersqueeze in the oil market Details
 8Ceasefire uncertainty remains the biggest driver for oil markets Details
 8$90 oil could lift India's inflation to 4.8% and slow GDP growth Details
 8Foundation stone to be laid for BPCL refinery in Andhra soon Details
 8Energy ties in focus as Venezuela's acting president begins India visit Details
 8US again throws India over the Russian oil barrel Details
 8NRL signs 10-year sulphur supply agreement with Teesta Agro Industries Details
 8BHEL and BPCL launch recruitment for key director positions; apply by June 22, 2026 Details
 8ONGC wins three awards for digital excellence at PSU IT Forum 2026 Details
 8Supreme Court clears Reliance Industries of fraud in RPL case Details
 You can also click on Newsclips for more Details

Gas supplier recaptures its biggest market

Jun 02: 8Volumes go up from less than 1 mmscmd to 8 mmscmd
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Praj's ethanol engine stalls just as India talks up 30% blending

Jun 02: 8Find out what this is about
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INOX CVA bets the next leg on hydrogen and fusion while LNG trailers pay the bills

Jun 02: 8How is that going on?
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CGD networks have found their biggest threat: And it isn't a leak

Jun 02: It's the excavator.
8Third-party digging is the single biggest cause of distribution incident
8Operators are now geofencing their own pipes to catch the digger before it strikes.
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SEAMEC locks in two more years on ONGC's Samudra Prabha

Jun 02: 8A small award that says something about how the offshore-vessel pool is consolidating.
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ONGC testing bundled services tender for two 3000m DP drillship rigs pushed to a later date after repeated bidder-risk friction

Jun 02: 8ONGC has extended the bid window for its deepwater testing bundled-services tender, but the extension does not dilute the toughest operating risks.
8The package still binds bidders to 15K offshore readiness, Kakinada base logistics, tight mobilization discipline and client-controlled on-hire timing.
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EIL’s 125 TPD Kolhapur CBG plant may reset how India contracts bioenergy EPC

Jun 02: 8Find out why do we say so
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GAIL’s pipeline survey tender draws eight bidders, but the real story is the two-section award ceiling

Jun 02: 8Find out more
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Win exposes a sharp risk split in PHBPL integrity pricing

Jun 02: 8The L-1-L2 spread is too wide to be dismissed as routine competition in a specialist inspection tender. The bigger story is how bidders priced cleaning, rerun, standby and JDV-linked uncertainty after IOCL refused most risk carve-outs.
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Quippo wins rig tender

Jun 02: 8A late amendment widened the technical gate while keeping the 1000 HP and statutory safety floor intact.
8The pricing spread now raises a sharper question on whether Quippo has found execution efficiency or absorbed margin stress.
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ONGC PRP-X corrigendum tightens foreign EMD, currency rules and bidder eligibility for offshore pipeline EPCI

Jun 02: 8ONGC’s PRP-X corrigendum does more than clean up bid-security language.
8It adds a sharper filter around recent ONGC termination history and fixes how foreign bidders must secure and receive payments.
8The real consequence sits in how this reshapes the offshore EPCI bidder pool.
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CGD Briefs

Jun 02: 8BPCL is awarding pipeline-laying work to six vendors at once
And signing off jobs up to Rs 50 lakh without a full tender. This may be subject to audit later
8GAIL Gas and others quietly standardise "L1-matching" empanelment
Tendering in name, but it is a single-rate in practice
8The CGD pricing war is now down to Rs 1 a day
Find out how that is going on
8GAIL drops the barriers on commercial PNG
Free piping, no penalties, TPI on the house
8Torrent puts a price on every conversion
Rs 400 to the vendor, Rs 50 to the agent
8Adani Total Gas is using the municipal commissioner as a conversion lever
Find out how
8Mumbai's land crunch is reshaping how CNG gets dispensed
How is that shaping up? Details

Everest Kanto's profit jumps 50%

Jun 02: 8How has it become the quiet beneficiary of every new CNG station India opens 
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Today's update in E&P, Midstream-Downstream & CGD sector

Jun 02: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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E&P contracting brief: Part I

Jun 02: 1) Pipeline maintenance tender gets price-format correction and extension after Cambay subtotal omission
8ONGC has corrected the financial breakup in its multi-asset pipeline maintenance tender after a formula error left out the Cambay Asset subtotal.
8The extension gives bidders more time, but the risk-heavy operating clauses remain largely untouched.
 
2) Low mast workover rig tender gets extension as HSD variation clause rewrites operating-day economics
8OIL has extended the Assam low mast workover rig tender. The bigger move is the late insertion of an HSD price variation clause into the SOR/BOQ.
8The formula changes how bidders price diesel risk without fully removing OIL’s cost controls.
 
3) 30 KVA genset tender gets extension as BEC lookback widens but reliability risk stays with contractors
8OIL has extended the 30 KVA genset tender to while widening the experience window from seven to ten years.
8The move may draw more bidders into the Assam-Arunachal well-site support contract.
8But the corrigendum keeps the tougher operational risk points largely intact.
 
4) CDWSG corrigendum resets ePBG, TPIA and query rules for multi-asset drilling/workover tender
8ONGC’s latest corrigendum does more than refresh bid conditions.
8It rewrites the commercial and compliance architecture across Assam Asset, MBA Basin, Rajahmundry Asset and Mehsana Asset.
8The sharper signal lies in how security, BEC verification and bidder queries are being controlled.
 
5) Pushes bid deadline for subsea tie-in EPCIC package after earlier clarification reset
8ONGC has issued a fresh date-extension corrigendum for its subsea tie-in EPCIC package.
8The move follows an earlier reset of the clarification and pre-bid schedule, pointing to bidder-side preparation pressure.
8The technical risk allocation, however, remains untouched.
 
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E&P contracting brief: Part II

Jun 02: 1) Offshore refurbishment corrigendum loosens bidder entry but tightens cash and bank-control levers.
8ONGC’s latest corrigendum does more than clean up tender language.
8It relaxes yard and financial filters while inserting sharper banking, catering and payment controls.
8The deeper signal is a procurement reset for a technically demanding offshore repair package.
 
2) Bechraji GGS I & II corrigendum trims utility scope but tightens steel and financial compliance
8ONGC’s Bechraji surface facilities revamp has moved from simple LSTK packaging into a sharper risk-allocation exercise.
8The corrigendum deletes compressor and nitrogen-linked scope while adding tougher policy and financial documentation.
 
3) Extends western offshore microwave backbone tender after lower 6 GHz reset
8ONGC’s western offshore microwave tender has moved beyond a routine date shift.
8The extension follows a technical reset from 7 GHz to lower 6 GHz, revised BoQ instructions and bidder concerns over spectrum, certification and offshore logistics.
 
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Downstream contracting briefs: Part I

Jun 02: 1) IOCL’s PRRPL/PHBMPL tender turns coating surveys into a high-resolution integrity audit
8IOCL is not merely buying CIPS, CAT and DCVG readings. The tender pushes the contractor toward a fuller diagnosis of coating health, CP gaps, DC interference and defect prioritisation across a large product pipeline network. The real question is whether the vendor market is ready to price data quality, field verification and interference risk as one package.

2) HPCL’s VRMP HGU Tr-2 tender turns cracked SS347H reformer header history into a high-control shutdown replacement package
8HPCL’s Visakh Refinery tender is not just another maintenance call-out. The scope is rooted in documented cracking across reformer inlet weldolet joints and pushes bidders into a narrow band of metallurgy-led execution capability. The commercial tension sits between RA-led price compression and a shutdown scope that leaves little room for weak mobilisation.

3) IOCL Haldia Refinery puts absolute viscosity at the centre of the VG30 to VG40 bitumen tender
8The tender is built around achieving at least 4000 poise in upgraded VG40 bitumen. That makes laboratory blend work and tank-wise dosing control the real battlefield. The commercial result depends on a QC number, not just material delivery.

4) NRL’s polypropylene cooling tower tender keeps fill choice specification-led as EIL tightens metallurgy, hydraulics and engineering baselines
8NRL’s cooling tower package for the polypropylene project has moved from a routine utility tender into a tighter engineering-control exercise. A bidder’s fill-type query was not entertained as a relaxation, while EIL’s amendment quietly hardened several technical inputs. The real issue is whether bidders can absorb the revised baseline without loading risk premiums into their price.

5) HPCL’s pre-reformer catalyst extension signals a thinner-than-expected vendor field at Visakh Refinery
8HPCL has kept the refinery-specific technical gate intact while giving bidders more time to comply. That points to a tender where competition may be constrained by proof of operating performance, not by price alone.

Click on Details for more Details

Downstream contracting briefs: Part II

Jun 02: 1) CPCL’s Manali refinery oil spill tender tests whether India has enough asset-backed OSR contractors
8The extension may be an early signal that the qualified vendor universe is not as deep as the tender assumes.

2) IOCL’s 22-inch Kandla ILI tender looks small, but the risk transfer is anything but
 8For specialist ILI vendors, the question is whether this is a compact job or a high-liability digital integrity mandate.

3) IOCL’s Mathura Refinery Prime-G+ catalyst tender gets a four-day bid extension without easing the specialist PQC filter
8IOCL has extended the bid deadline for Mathura Refinery’s spent hydrotreatment Prime-G+ catalyst regeneration package. The extra window looks procedural, but the tender’s real friction sits in Axens-linked confidentiality, hydrotreating-unit experience and hazardous-waste licensing. Whether the extension widens the vendor field or merely buys documentation time is the unresolved question.

4) CPCL extends Manali UOP PSA expert-service tender without reopening technical risk terms
8The extension is procedural on paper, but the tender’s nil-deviation format and specialist troubleshooting scope sharpen the participation question. The real issue is whether a softer security package can still secure high-grade PSA diagnostic capability.

5) IOCL Gujarat Refinery power-trading tender shifts competition from energy pass-through to trader margin and liquidity discipline
8IOCL has kept the refinery’s exchange-power procurement flexible while removing several entry frictions for bidders. The catch lies in a floor-priced fixed base, no minimum offtake and a trader-funded exchange-payment cycle. The pre-bid minutes reveal where the real commercial tension sits.

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Daily forward looking import matrices

Jun 02: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output

Jun 02: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Taiwan secures LNG shipping schedules through August Details
 8BP sells 5% stake in Australian Browse LNG project to South Korea's GS Energy Details
 8U.S. gas exporters ask to push back EU methane regulation Details
 8CB&I scores multimillion-dollar assignment for $13 billion U.S. LNG project Details
 8Maritime frameworks ‘splitting LNG shipping in two’ Details
 8Danish shipyard remains key lifeline for Russia’s Yamal LNG fleet Details
 8KN Energies awarded contract for FSRU project in the Gulf of Gdansk Details
 8Marubeni transfers Taiwanese LNG-fired combined-cycle power generation project shares Details
 8Mahanagar Gas and Fourth Partner Energy sign MoU to expand clean power for industrial users Details
 8Three, including father and son, die after gas leak in Ludhiana factory Details
 8Nitin Gadkari unveils ethanol-based stoves: Can they replace LPG stoves? Details
 8Indian crude oil basket falls below $100 for the first time in three months Details
 8INR likely to surrender gains near three-week high as oil prices rebound on war uncertainty Details
 8Rupee falls 34 paise to close at 95.19 against U.S. dollar amid rising crude prices Details
 8Why India’s crude oil import dependence continues to rise Details
 8Fuel price hikes again as India’s oil shock moves downstream Details
 8Ukraine and Lithuania seal LNG supply deal Details
 8BP sells 5% stake in Australia’s newest $35 billion LNG project Details
 8Pakistan inflation accelerates to 11.7% on oil and gas import shock Details
 8Rystad: U.S.-Iran re-escalation could drive oil to $180 by August Details
 8India’s LNG industry pushes for government backing as diesel costs surge Details
 8An LNG glut is on its way Details
 8OMCs losing Rs.650 per domestic LPG cylinder and Rs.30 per litre on ATF sales Details
 8Oil India subsidiary OGEL forms joint venture for bioenergy projects Details
 8India bonds slip ahead of RBI policy as war risks lift oil Details
 8India likely to mandate isobutanol-diesel blending to cut crude oil dependence Details
 8Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output Details
 8HPCL reports 6.4% growth in fuel sales in May Details
 8U.S. energy exports hit record high in 2025; net exports surge 20%, imports decline 5%: EIA Details
 8Crude oil futures rebound 3% to Rs.8,536 per barrel on renewed U.S.-Iran tensions Details
 8UP Minister OP Rajbhar defends LPG price hike, says move will curb hoarding Details
 8Rupee falls 9 paise to 94.94 against U.S. dollar in early trade Details
 8ATF for international airlines cut 27%; commercial LPG and 5-kg cylinder prices raised Details
 8Commercial LPG cylinder prices rise sharply in June 2026: Impact on businesses and fuel security Details
 8Crude jumps over 2% after Israel intensifies attacks in Lebanon despite ceasefire Details
 8Windfall gains tax slashed on petrol, diesel, and ATF exports Details
 8Refiners adjust to new crude mix as Hormuz crisis tightens supply Details
 8Commercial LPG cylinder price hiked by Rs.42 in Delhi with effect from June 1 Details
 8Cochin Shipyard extends additional charge of CMD to Jose V. J. Details
 8MRPL announces key senior management change; appoints new Executive Director (Projects) Details
 8BPCL extends Rs.5.4 lakh insurance support to driver’s family under SmartFleet Program Details
 8HPCL assigns additional charge of Director (Finance) to Shri K.S. Shetty Details
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Ernakulam District City Gas Distribution Project

Jun 02: 8Project Name: Ernakulam District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details

Chandigarh District City Gas Distribution Project

Jun 02: 8Project Name: Chandigarh District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details

PSU firm writes off Rs 527 crore on a soured E&P bet

Jun 01: 8A private partner stopped paying its share, so the PSU booked the entire receivable as a loss — and moved to seize the partner's stake.
8A quiet impairment that shows just how badly the venture has gone wrong. Details

India is building gas highways for trucks: But the world has moved on since

Jun 01: 8Why India is betting on the wrong road
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Gas: The crisis India should be planning for is the glut

Jun 01: 8And not the shortage 
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HSD procured from IOCL & HPCL: Bulk-diesel middlemen in trouble

Jun 01: 8Find out more on what is going on
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The primary owner of the Tata Group is in distress: How is ONGC impacted?

Jun 01: 8There is a back story to this
Find out more Details

Gas pipelines: PNGRB quietly arms itself with shutdown powers

Jun 01: 8Find out what the ever-intrusive regulator is trying to do now
Click on Details Details

Gas supplier sues Rs 1,200 crore from Gujarat's state gas major for molecules it never lifted

Jun 01: 8Find out what is this all about
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Oil & Gas Sector: Get all winning contracts of the day

Jun 01: 8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details

Oil & Gas Sector: All new tenders of the day

Jun 01: 8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details

Daily forward looking import matrices

Jun 01: It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
Click on Reports for more. Details

Downstream contracting briefs: Part V

Jun 01: 1) BPCL’s BPREP steam package gets an extension, but the real story is a tightly screened PRDS vendor pool
8The extension does not dilute the core technical gates around PRDS experience, manufacturing pedigree and local-content compliance. For executives, the signal is less about delay and more about how BPCL is shaping competition for critical steam-utility equipment.

2) IOCL extends catalyst micro-regeneration unit bid as technical queries expose tight reactor, analyzer and HAZOP risk
 8The pre-bid record shows bidders probing metallurgy, analyzer configuration, regeneration envelope and HAZOP responsibility. The real signal lies in how IOCL is preserving a demanding R&D specification while trying to keep the vendor field alive.

3) EIL extends MIL TNT project SS pressure vessel bid as proprietary cyclone separator controls tighten the supplier race
8A short deadline shift in EIL’s Khadki TNT plant tender hides a more technical procurement signal. The SS pressure vessel package is tied to a proprietary cyclone separator, NDA-gated drawings and zero-deviation bidding. The extra days may say more about bidder readiness than about schedule generosity.

4) BPCL’s BPREP coalescer tender gets an extension, but EIL keeps the risk stack intact
8BPCL’s BPREP coalescer package has moved dates, giving invited vendors more room to clear a tightly controlled bid process. The extension comes with no visible easing of zero-deviation terms, NDA gating or group-level delay exposure. The real story is not the extra time, but what EIL chose not to relax.

5) IOCL cancels Gujarat Refinery FCC-GRE RCC cooling tower LSTK tender after multiple technical risk clarifications
8IOCL’s cancelled Gujarat Refinery cooling tower tender was not a routine withdrawal. The record shows a 32,000 m3/hr RCC package carrying unresolved civil, electrical and interface pricing risk. The unanswered question is whether the next version will soften the risk transfer or sharpen it.

Click on Details for more Details
  • Jun 01: E&P contracting brief: Part IV:Details
  • Jun 01: Surface production facility package: L-2 rates were 2.5 times higher:Details
  • Jun 01: OIL’s Andaman offshore helicopter tender shifts drilling-logistics risk onto specialised aviation contractors:Details
  • Jun 01: OIL’s KG Basin DP-3 drillship pre-bid meeting extended without shifting bid close:Details
  • Jun 01: E&P contracting brief: Part III:Details
  • Jun 01: E&P contracting brief: Part II:Details
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