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Two chemical mega projects worth $20 billion: Nobody showed up.  Oil & Gas Sector: All new tenders of the day.  Oil & Gas Sector: Get all winning contracts of the day.  Daily forward looking import matrices.  Today's update in E&P, Midstream-Downstream & CGD sector.  BW LPG exits investment in Confidence Petroleum India following sale of 8.50% equity stake.  OIL's 3000-HP rig tender: A procurement that wouldn't sit still.  ED raid: Why is there a trust deficit between Anil Agarwal and the government? .  Europe’s storage comfort depends on demand destruction in India.  ABS Marine’s profit surge hides a bigger offshore bet.  Rigtech Power takes OIL India workover rig O&M award at Rs 52.38 crore as L2 trails by 8.8%.  Sparkon’s low bid exposes a pricing fault line in EIL’s HEF Khadki cyclone separator tender.  L1 bid changes the economics of NRL’s acid-service tank package.  IOCL’s POL and gas demand study shifts from report-writing to model ownership.  HPCL Renewable’s Maharashtra solar-BESS tender quietly cuts storage capacity by 30 percent.  NRL’s polypropylene cooling tower tender hides a bigger risk-transfer story behind routine EIL procurement.  Oil cancels CTU-led well servicing package after bidder pushback.  ONGC’s new Director Production is an insider.  Today's update in E&P, Midstream-Downstream & CGD sector.  Oil & Gas Sector: All new tenders of the day.  Oil & Gas Sector: Get all winning contracts of the day.  Downstream contracting briefs.  E&P contracting brief: Part I.  E&P contracting brief: Part II.   Daily forward looking import matrices.  NRL signs 10-year sulphur supply agreement with Teesta Agro Industries.  Panipat District City Gas Distribution Project.  Bulandshahr District City Gas Distribution Project.  DGH’s contract bench now reaches deep into core regulation.  CGD networks have found their biggest threat: And it isn't a leak .  CGD Briefs.  ONGC PRP-X corrigendum tightens foreign EMD, currency rules and bidder eligibility for offshore pipeline EPCI.  Quippo wins rig tender.  E&P contracting brief: Part II.  E&P contracting brief: Part I.  Win exposes a sharp risk split in PHBPL integrity pricing.  GAIL’s pipeline survey tender draws eight bidders, but the real story is the two-section award ceiling.  EIL’s 125 TPD Kolhapur CBG plant may reset how India contracts bioenergy EPC.  Downstream contracting briefs: Part I.  ONGC testing bundled services tender for two 3000m DP drillship rigs pushed to a later date after repeated bidder-risk friction.  

Two chemical mega projects worth $20 billion: Nobody showed up

Jun 04: 8What is going on with this mind-bogglingly crazy project?
8Which direction is this highly controversial projects is going? Details

Oil & Gas Sector: All new tenders of the day

Jun 04: 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

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

Jun 04: 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

Daily forward looking import matrices

Jun 04: 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

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

Jun 04: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

BW LPG exits investment in Confidence Petroleum India following sale of 8.50% equity stake

Jun 04: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8BW LPG sees year-on-year increase in shipping revenue Details
 8Egypt’s US LNG imports halve in May Details
 8Strike at Australian LNG operations is impacting loading and exports Details
 8HOCL shuts Kochi hydrogen peroxide plant amid weak demand, rising input costs Details
 8Government to introduce hydrogen-powered buses in city Details
 8MGL and BMC ink pact for 350-TPD biogas plant at Mankhurd Details
 8Government eyes E85 fuel adoption and flex-fuel vehicles in India Details
 8Gadkari predicts drop in ethanol prices, bets on isobutanol to replace diesel Details
 8INEOS Energy breaks into Asia LNG market with Marubeni deal Details
 8Why is India increasing LNG purchases despite soaring prices? Details
 8Why Noida and Ghaziabad cab drivers prefer filling CNG in Delhi Details
 8India’s push for national gas grid portal: utility shake-up Details
 8Hotels absorb LPG price hike, no rise in food prices for now Details
 8For larger PNG footprint, government looks at consumer-friendly centralized portal Details
 8LPG shortage fails to boost PNG connections in Hubballi Details
 8Why Centre wants more households to switch from LPG to PNG Details
 8LPG sales down 19% year-on-year in May Details
 8Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levels Details
 8India’s Russian oil imports at risk as US seeks to end sanctions waiver “as soon as possible” Details
 8BW LPG exits investment in Confidence Petroleum India following sale of 8.50% equity stake Details 
8ONGC seeks shareholder approval for USD 6.3 billion Mozambique LNG project via postal ballot Details
 8India’s fuel demand outlook hit by price hikes and slowing industrial activity Details
 8Unlocking India’s untapped energy potential through fiscal reforms Details
 8Iraq targets 770,000 bpd through Ceyhan as southern output climbs back Details
 8US crude oil inventories in freefall Details
 8Supply shock to slash India’s oil demand growth to pandemic low Details
 8Crude oil futures hit record Rs.9,260/barrel amid escalating tensions in West Asia Details
 8Oil jumps on Mideast missiles while AI bulls carry stocks higher Details
 8China crude oil stockpiles: refiners cut imports amid weak demand Details
 8Rupee slips 29 paise to 95.27, RBI steps in to arrest slide Details
 8War shifts 80% of India’s diesel exports to Africa Details
 8Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flows Details
 8ONGC appoints Anupam Agarwal as Director (Finance) effective June 3, 2026 Details
You can also click on Newsclips for more Details

OIL's 3000-HP rig tender: A procurement that wouldn't sit still

Jun 03: A two-part investigation into how a routine drilling-rig hire ended up frozen in the Gauhati High Court — and what came next
8One rig, two rigs, no bids: How a drilling hire reached court
8Starting over: the quiet re-tender and the clause that vanished
Click on Details for more Details

ED raid: Why is there a trust deficit between Anil Agarwal and the government?

Jun 03: 8Find out what prompted the ED raid
Click on Details for more Details

Europe’s storage comfort depends on demand destruction in India

Jun 03: 8Why is this the case?
Click on Details for more Details

ABS Marine’s profit surge hides a bigger offshore bet

Jun 03: The company has made a strategic shift
8And it is paying off
Click on Details for more Details

Rigtech Power takes OIL India workover rig O&M award at Rs 52.38 crore as L2 trails by 8.8%

Jun 03: 8OIL India’s workover rig award is not a routine manpower win; it carries well-control, ILM, maintenance and compliance obligations inside a four-year field package.
8Rigtech Power’s L1 price sits 8.8% below the nearest rival, but the wider L3 spread hints at sharply different risk assumptions.
8The real story is what this price says about vendor appetite for OIL’s outsourced rig operating model.
Click on Details for more Details

Sparkon’s low bid exposes a pricing fault line in EIL’s HEF Khadki cyclone separator tender

Jun 03: 8Find out why that is so
Click on Details for more Details

L1 bid changes the economics of NRL’s acid-service tank package

Jun 03: 8The winning price is not just lower; it is dramatically lower than the only other qualified commercial bid.
Click on Details for more Details

IOCL’s POL and gas demand study shifts from report-writing to model ownership

Jun 03: 8The tender is structured around a forecasting asset, not only a consulting report. IOCL wants a dashboard/model, database, source-code handover and recurring updates. That changes the delivery burden for bidders.
Click on Details for more Details

HPCL Renewable’s Maharashtra solar-BESS tender quietly cuts storage capacity by 30 percent

Jun 03: 8Why that is so, no one knows
Click on Details for more Details

NRL’s polypropylene cooling tower tender hides a bigger risk-transfer story behind routine EIL procurement

Jun 03: 8Company refuses to answer some bidder queries
Click on Details for more Details

Oil cancels CTU-led well servicing package after bidder pushback

Jun 03: 8Find out what really happened
Click on Details for more Details

ONGC’s new Director Production is an insider

Jun 03: 8But the candidate shortlist tells the bigger story
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: 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

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

Downstream contracting briefs

Jun 03: 1) MRPL’s SEPU-RO membrane tender favours compatibility control over wider price discovery
8MRPL is buying 120 RO membranes for its SEPU-RO plant through a tightly framed GeM tender. The document carries quick-payment comfort, but the single-tender structure and technical replacement profile narrow the market signal. The real story lies in how MRPL balances refinery utility reliability against competitive discovery.

2) HPCL’s inspection services tender at Visakh Refinery turns minor projects into a tighter outsourced quality-control gate
8HPCL is not buying plain inspection manpower for Visakh Refinery. The tender folds NDT-heavy mechanical oversight, safety-watch duties, logistics, tools and wage pass-through into a two-year man-month model. The real contest will be between bidders that can price refinery readiness and those that only price headcount.

3) BPCL Mumbai Refinery turns FGH polishing catalyst buy into a yield-and-life performance contest for the ISOM unit
8BPCL Mumbai Refinery’s FGH polishing catalyst tender goes beyond a routine consumables buy. The bid formula rewards longer catalyst life and higher guaranteed yield while tying suppliers to hard benzene, throughput and failure triggers. But a few internal inconsistencies could become the real battleground before price bids open.

4) IOCL’s HBPL integrity tender puts specialist DCVG-CIPL credentials ahead of low-value procurement economics
8IOCL’s latest HBPL tender looks small in value but exacting in technical intent. The package ties pipeline integrity diagnostics to defect verification, coating repair and compliance-heavy reporting. The real story is how a Rs 24.77 lakh GeM job can still reshape the vendor pool.

5) HPCL’s LMBU mechanical tender draws three bidders as EIL keeps process-unit experience and execution-risk filters tight
 8Find out more

Click on Details Details

E&P contracting brief: Part I

Jun 03: 1) Western offshore Mumbai tender turns pipeline fit-for-purpose certification into a data-risk test for ageing offshore assets
8ONGC is not just buying another certificate for its western offshore Mumbai pipelines.
8The tender pushes consultants into corrosion modelling, residual life calls, PoF-CoF assessment and virtual-defect assumptions where inspection data may be thin.
 
2) Bechraji GGS I & II revamping extended again as additional replies keep LSTK bidders in play
8ONGC’s latest Bechraji amendment gives bidders more time but does not visibly soften the LSTK risk frame.
8The Corrigendum IV signal is less about calendar relief and more about unresolved bid-friction in a brownfield surface-facility revamp.
8The unanswered part is what the additional replies really change.
 
3) Offshore torque-turn tender extended as corrigendum shifts catering cost, SFMS control and equipment-age risk
8ONGC’s latest corrigendum keeps the premium tubing service scope tight while reopening one equipment-entry barrier.
8The real pressure point is now offshore cost recovery, where catering, manpower deployment and mobilization discipline can alter contractor margins.
 
4) Integrated vessel tender extended as offshore survey scope stays technically tight
8ONGC has pushed the integrated vessel tender deadline by 7 days without loosening the offshore survey burden.
8The package still demands round-the-clock vessel support, DGPS/SBDPS capability, remote rig positioning and multi-coast deployment.
 
Click on Details for more Details

E&P contracting brief: Part II

Jun 03: 1) Umatara surface production tender gets extension as high-pressure DSF package tests bidder depth
8IndianOil has extended the Umatara surface production services tender..
8The scope goes far beyond equipment rental, bundling 10,000 psi production equipment, crude processing, sampling, fire systems, data acquisition and 24x7 field operations.
8The extension may ease bid preparation, but it also exposes how narrow the qualified vendor pool could be.
 
2) Offshore 6 inch hole services extended after technical relaxations, revised pricing and unresolved risk clauses
8Oil India Limited’s offshore 6 inch hole services tender has moved after a pre-bid process that changed the technical baseline.
8The addendum softens several slim-hole tool requirements but leaves the hard commercial risk stack largely intact.
8The extension gives bidders more time, but not necessarily a safer contract.
 
3) Andaman mud-services tender gets extension without visible BEC relaxation
8OIL has pushed its Andaman offshore mud-engineering tender, giving bidders 28 more days.
8The relief sits beside a hard original-date BEC lock, offshore LTSOBM experience filter and sizeable EMD.
8The extension raises a sharper question on whether the bidder pool is being widened or merely given more time to clear a demanding compliance stack.
 
Click on Details 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

NRL signs 10-year sulphur supply agreement with Teesta Agro Industries

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
 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 
8Torrent Group commissions green hydrogen plant in Gorakhpur, inaugurated by Yogi Adityanath 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
 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
 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

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

DGH’s contract bench now reaches deep into core regulation

Jun 02: 8Find out what is the upstream regulator up to?
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

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

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

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

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

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

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

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

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

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

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

Two chemical mega projects worth $20 billion: Nobody showed up

Jun 04: 8What is going on with this mind-bogglingly crazy project?
8Which direction is this highly controversial projects is going? Details

Oil & Gas Sector: All new tenders of the day

Jun 04: 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

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

Jun 04: 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

Daily forward looking import matrices

Jun 04: 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

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

Jun 04: 8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details

BW LPG exits investment in Confidence Petroleum India following sale of 8.50% equity stake

Jun 04: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8BW LPG sees year-on-year increase in shipping revenue Details
 8Egypt’s US LNG imports halve in May Details
 8Strike at Australian LNG operations is impacting loading and exports Details
 8HOCL shuts Kochi hydrogen peroxide plant amid weak demand, rising input costs Details
 8Government to introduce hydrogen-powered buses in city Details
 8MGL and BMC ink pact for 350-TPD biogas plant at Mankhurd Details
 8Government eyes E85 fuel adoption and flex-fuel vehicles in India Details
 8Gadkari predicts drop in ethanol prices, bets on isobutanol to replace diesel Details
 8INEOS Energy breaks into Asia LNG market with Marubeni deal Details
 8Why is India increasing LNG purchases despite soaring prices? Details
 8Why Noida and Ghaziabad cab drivers prefer filling CNG in Delhi Details
 8India’s push for national gas grid portal: utility shake-up Details
 8Hotels absorb LPG price hike, no rise in food prices for now Details
 8For larger PNG footprint, government looks at consumer-friendly centralized portal Details
 8LPG shortage fails to boost PNG connections in Hubballi Details
 8Why Centre wants more households to switch from LPG to PNG Details
 8LPG sales down 19% year-on-year in May Details
 8Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levels Details
 8India’s Russian oil imports at risk as US seeks to end sanctions waiver “as soon as possible” Details
 8BW LPG exits investment in Confidence Petroleum India following sale of 8.50% equity stake Details 
8ONGC seeks shareholder approval for USD 6.3 billion Mozambique LNG project via postal ballot Details
 8India’s fuel demand outlook hit by price hikes and slowing industrial activity Details
 8Unlocking India’s untapped energy potential through fiscal reforms Details
 8Iraq targets 770,000 bpd through Ceyhan as southern output climbs back Details
 8US crude oil inventories in freefall Details
 8Supply shock to slash India’s oil demand growth to pandemic low Details
 8Crude oil futures hit record Rs.9,260/barrel amid escalating tensions in West Asia Details
 8Oil jumps on Mideast missiles while AI bulls carry stocks higher Details
 8China crude oil stockpiles: refiners cut imports amid weak demand Details
 8Rupee slips 29 paise to 95.27, RBI steps in to arrest slide Details
 8War shifts 80% of India’s diesel exports to Africa Details
 8Oman beats Qatar as India’s top LNG supplier as war disrupts Gulf gas flows Details
 8ONGC appoints Anupam Agarwal as Director (Finance) effective June 3, 2026 Details
You can also click on Newsclips for more Details

OIL's 3000-HP rig tender: A procurement that wouldn't sit still

Jun 03: A two-part investigation into how a routine drilling-rig hire ended up frozen in the Gauhati High Court — and what came next
8One rig, two rigs, no bids: How a drilling hire reached court
8Starting over: the quiet re-tender and the clause that vanished
Click on Details for more Details

ED raid: Why is there a trust deficit between Anil Agarwal and the government?

Jun 03: 8Find out what prompted the ED raid
Click on Details for more Details

Europe’s storage comfort depends on demand destruction in India

Jun 03: 8Why is this the case?
Click on Details for more Details

ABS Marine’s profit surge hides a bigger offshore bet

Jun 03: The company has made a strategic shift
8And it is paying off
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Rigtech Power takes OIL India workover rig O&M award at Rs 52.38 crore as L2 trails by 8.8%

Jun 03: 8OIL India’s workover rig award is not a routine manpower win; it carries well-control, ILM, maintenance and compliance obligations inside a four-year field package.
8Rigtech Power’s L1 price sits 8.8% below the nearest rival, but the wider L3 spread hints at sharply different risk assumptions.
8The real story is what this price says about vendor appetite for OIL’s outsourced rig operating model.
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Sparkon’s low bid exposes a pricing fault line in EIL’s HEF Khadki cyclone separator tender

Jun 03: 8Find out why that is so
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L1 bid changes the economics of NRL’s acid-service tank package

Jun 03: 8The winning price is not just lower; it is dramatically lower than the only other qualified commercial bid.
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IOCL’s POL and gas demand study shifts from report-writing to model ownership

Jun 03: 8The tender is structured around a forecasting asset, not only a consulting report. IOCL wants a dashboard/model, database, source-code handover and recurring updates. That changes the delivery burden for bidders.
Click on Details for more Details

HPCL Renewable’s Maharashtra solar-BESS tender quietly cuts storage capacity by 30 percent

Jun 03: 8Why that is so, no one knows
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NRL’s polypropylene cooling tower tender hides a bigger risk-transfer story behind routine EIL procurement

Jun 03: 8Company refuses to answer some bidder queries
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Oil cancels CTU-led well servicing package after bidder pushback

Jun 03: 8Find out what really happened
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ONGC’s new Director Production is an insider

Jun 03: 8But the candidate shortlist tells the bigger story
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: 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

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

Downstream contracting briefs

Jun 03: 1) MRPL’s SEPU-RO membrane tender favours compatibility control over wider price discovery
8MRPL is buying 120 RO membranes for its SEPU-RO plant through a tightly framed GeM tender. The document carries quick-payment comfort, but the single-tender structure and technical replacement profile narrow the market signal. The real story lies in how MRPL balances refinery utility reliability against competitive discovery.

2) HPCL’s inspection services tender at Visakh Refinery turns minor projects into a tighter outsourced quality-control gate
8HPCL is not buying plain inspection manpower for Visakh Refinery. The tender folds NDT-heavy mechanical oversight, safety-watch duties, logistics, tools and wage pass-through into a two-year man-month model. The real contest will be between bidders that can price refinery readiness and those that only price headcount.

3) BPCL Mumbai Refinery turns FGH polishing catalyst buy into a yield-and-life performance contest for the ISOM unit
8BPCL Mumbai Refinery’s FGH polishing catalyst tender goes beyond a routine consumables buy. The bid formula rewards longer catalyst life and higher guaranteed yield while tying suppliers to hard benzene, throughput and failure triggers. But a few internal inconsistencies could become the real battleground before price bids open.

4) IOCL’s HBPL integrity tender puts specialist DCVG-CIPL credentials ahead of low-value procurement economics
8IOCL’s latest HBPL tender looks small in value but exacting in technical intent. The package ties pipeline integrity diagnostics to defect verification, coating repair and compliance-heavy reporting. The real story is how a Rs 24.77 lakh GeM job can still reshape the vendor pool.

5) HPCL’s LMBU mechanical tender draws three bidders as EIL keeps process-unit experience and execution-risk filters tight
 8Find out more

Click on Details Details

E&P contracting brief: Part I

Jun 03: 1) Western offshore Mumbai tender turns pipeline fit-for-purpose certification into a data-risk test for ageing offshore assets
8ONGC is not just buying another certificate for its western offshore Mumbai pipelines.
8The tender pushes consultants into corrosion modelling, residual life calls, PoF-CoF assessment and virtual-defect assumptions where inspection data may be thin.
 
2) Bechraji GGS I & II revamping extended again as additional replies keep LSTK bidders in play
8ONGC’s latest Bechraji amendment gives bidders more time but does not visibly soften the LSTK risk frame.
8The Corrigendum IV signal is less about calendar relief and more about unresolved bid-friction in a brownfield surface-facility revamp.
8The unanswered part is what the additional replies really change.
 
3) Offshore torque-turn tender extended as corrigendum shifts catering cost, SFMS control and equipment-age risk
8ONGC’s latest corrigendum keeps the premium tubing service scope tight while reopening one equipment-entry barrier.
8The real pressure point is now offshore cost recovery, where catering, manpower deployment and mobilization discipline can alter contractor margins.
 
4) Integrated vessel tender extended as offshore survey scope stays technically tight
8ONGC has pushed the integrated vessel tender deadline by 7 days without loosening the offshore survey burden.
8The package still demands round-the-clock vessel support, DGPS/SBDPS capability, remote rig positioning and multi-coast deployment.
 
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E&P contracting brief: Part II

Jun 03: 1) Umatara surface production tender gets extension as high-pressure DSF package tests bidder depth
8IndianOil has extended the Umatara surface production services tender..
8The scope goes far beyond equipment rental, bundling 10,000 psi production equipment, crude processing, sampling, fire systems, data acquisition and 24x7 field operations.
8The extension may ease bid preparation, but it also exposes how narrow the qualified vendor pool could be.
 
2) Offshore 6 inch hole services extended after technical relaxations, revised pricing and unresolved risk clauses
8Oil India Limited’s offshore 6 inch hole services tender has moved after a pre-bid process that changed the technical baseline.
8The addendum softens several slim-hole tool requirements but leaves the hard commercial risk stack largely intact.
8The extension gives bidders more time, but not necessarily a safer contract.
 
3) Andaman mud-services tender gets extension without visible BEC relaxation
8OIL has pushed its Andaman offshore mud-engineering tender, giving bidders 28 more days.
8The relief sits beside a hard original-date BEC lock, offshore LTSOBM experience filter and sizeable EMD.
8The extension raises a sharper question on whether the bidder pool is being widened or merely given more time to clear a demanding compliance stack.
 
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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

NRL signs 10-year sulphur supply agreement with Teesta Agro Industries

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
 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 
8Torrent Group commissions green hydrogen plant in Gorakhpur, inaugurated by Yogi Adityanath 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
 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
 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

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

DGH’s contract bench now reaches deep into core regulation

Jun 02: 8Find out what is the upstream regulator up to?
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

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

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

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

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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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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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

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

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

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

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
  • Jun 02: Downstream contracting briefs: Part II:Details
  • Jun 02: Today's update in E&P, Midstream-Downstream & CGD sector:Details
  • Jun 02: Daily forward looking import matrices:Details
  • Jun 02: Hormuz crisis fallout: How Indian refiners are adjusting to new crude oil mix to maximize output :Details
  • Jun 02: Ernakulam District City Gas Distribution Project:Details
  • Jun 02: Chandigarh District City Gas Distribution Project:Details
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