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Daily forward looking import matrices.  Oil & Gas Sector: All new tenders of the day.  Oil & Gas Sector: Get all winning contracts of the day.  RBI governor warns of retail fuel price hike if West Asia conflict persists.  The old CGD economics are breaking down.  India’s cryogenic engineering story is entering a new phase.  HOEC’s leadership structure is being rebuilt in real time.  Engineers India’s order book is changing shape.  Indian refineries are no longer treating AI as a dashboard experiment.  PNGRB’s paperless push has hit an unexpected wall.  ONGC relaxes R-series MOPU qualification gate.  ONGC’s WOB consultancy bid: Exploration risk outsourced.  Offshore seismic tender: two big companies fall off .  Vedanta’s waterflood EOI quietly shifts the battle from equipment supply to reservoir-control capability.  Announcements.  E&P contracting brief: Part I.  E&P contracting brief: Part II.  Petronet LNG: There is bad news, and then some good news.  CPCL’s heater package quietly sidelines India’s refinery revamp specialists from a core LOBS upgrade bid.  EIL/MIL TNT plant retender: A big surprise.  IOCL’s Panipat 2G ethanol utility tender exposes brutal pricing divergence in refinery O&M market.  Downstream contracting briefs: Technical bids.  Downstream contracting briefs.   Panipat District City Gas Distribution Project.  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.  Daily forward looking import matrices.  Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026.  Oil India’s seven-year equipment rule could reshape the economics of upstream production services.  Refiner’s R&D consultant EOI turns technology forecasting into a commercial gatekeeping exercise.  Refiner’s Catalyst Micro-Regeneration Unit tender raises the bar for catalyst R&D infrastructure.  IPPL’s East India LNG tender quietly shifts from feasibility study to market-entry blueprint.  Shutdown pre-bid at Bina Refinery: Silent treatment.  Why did this Toluene Extraction Unit draw only one bidder?.  GAIL’s KNPL tender quietly signals a new integrity doctrine for India’s aging gas pipeline network.  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.  E&P contracting brief: Part I.  

Daily forward looking import matrices

May 14: 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

Oil & Gas Sector: All new tenders of the day

May 14: 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

May 14: 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

RBI governor warns of retail fuel price hike if West Asia conflict persists

May 14: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8IEA revises 2026 forecast: oil deficit widens as Iran war cuts production Details
8Saudi Aramco looks to raise $10 billion from real estate asset deal Details
8Big oil reconsiders previously unattractive destinations Details
8AI is being used to fix its own energy problem Details
8Golar LNG joins AEW 2026 as gold sponsor amid Africa’s FLNG market expansion Details
8Shell entrusted with LNG cargo for Bulgargaz Details
8JP Morgan publishes first oil price forecast in 2 months Details
8Senegal targets $7.5 billion gas project to end energy subsidies Details
8Aramco targets raising over $10 billion from property portfolio Details
8ExxonMobil insists move to Texas won't erode shareholder rights Details
8Eni says its biodiesel successfully tested on cruise ship Details
8JP Morgan publishes first oil price forecast in 2 months Details
8INOX India reports record FY26 revenue growth driven by LNG, aerospace and industrial cryogenic demand Details
8India turns down US-sanctioned Russian LNG despite Middle East supply strains Details
8Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra Details
8Gas cylinder explosion triggers panic at Mantralayam Details
8Indian LPG tanker MV Sunshine safely crosses Strait of Hormuz, heads to India Details
8First solar-powered forecourt at CNG station marks clean energy push Details
8Wabag and Peak launch first bio-CNG plant in Ghaziabad, targeting 250,000 metric tons carbon reduction Details
8Middle East conflict pushes India to revive stranded energy pipeline projects Details
8Prashant Jain remains bullish on India, says oil prices biggest near-term market risk Details
8India, UAE set to ink energy pacts on LPG and strategic oil reserves on Friday Details
8India set to scale back Russian oil imports if US waiver lapses Details
8Oil India standalone March 2026 net sales at Rs 5,960.59 crore, up 8% y-o-y Details
8Govt approves coal gasification scheme with Rs 37,500 crore outlay Details
8Indian rupee hits record low as outflows, oil strain worsen rout Details
8Global oil supply to plunge below demand this year on Iran war, IEA says Details
8India set to scale back Russian oil imports if US waiver lapses Details
8RBI governor warns of retail fuel price hike if West Asia conflict persists Details
8Crude oil futures gain on spot demand Details
8HPCL warns of losses in Q1 FY27 as West Asia crisis lifts crude costs, hits fuel margins Details
8PM Modi reduces convoy size as austerity step Details
8HPCL Q4 FY26 net profit jumps 78% to Rs 6,065 crore Details
8Inflation in driver’s seat likely to stall discretionary spend Details
8Oil India Q4 results: PAT jumps 62% to Rs 2,424 crore; record drilling & highest daily production in a decade Details
8Mirae Asset mutual fund acquires 4.94% stake in Gujarat Gas Ltd on 12 May 2026 Details
8MGL leadership meets PNGRB & MoPNG to boost PNG connectivity and clean energy Details
You can also click on Newsclips for more
Details

The old CGD economics are breaking down

May 13: 8High allocation of cheap APM gas,
8Stable LNG sourcing,
8Strong margins on CNG,
8And predictable pass-through pricing.
Now that equation is getting disrupted. Details

India’s cryogenic engineering story is entering a new phase

May 13: 8This company is now linking LNG, hydrogen, space and fusion into one manufacturing platform.
And it is breaking new ground Details

HOEC’s leadership structure is being rebuilt in real time

May 13: 8Find out why there is such rapid churning
And what is the kind of stress that is pushing this
Click on Details for more Details

Engineers India’s order book is changing shape

May 13: Find out how engineering capex cycle is becoming more margin-driven
8Click on Details for more Details

Indian refineries are no longer treating AI as a dashboard experiment

May 13: They are now pushing AI directly into refinery operating environments
8And this could eventually change how Indian refineries are run
Click on Details for more Details

PNGRB’s paperless push has hit an unexpected wall

May 13: 8Why are companies unhappy?
Find out more Details

ONGC relaxes R-series MOPU qualification gate

May 13: 8This is  while tightening policy and availability undertakings
Click on Details for more
Details

ONGC’s WOB consultancy bid: Exploration risk outsourced

May 13: 8This is before drilling decisions are frozen.
8The assignment targets 11 high-cost offshore prospects where G&G ranking, pore-pressure review and techno-economic vetting can alter drilling priorities.
8The corrigendum looks procedural on paper, but the compliance load may decide who actually stays in the race.
Click on Details for more
Details

Offshore seismic tender: two big companies fall off

May 13: 8The exclusion of CGG Services India Private Limited and TNG Exploration (JV) Private Limited changes the competitive geometry before price is tested.
Click on Details for more
Details

Vedanta’s waterflood EOI quietly shifts the battle from equipment supply to reservoir-control capability

May 13: 8Find out more
Click on Details
Details

Announcements

May 13: New Page 1 8HPCL posts 133% jump in FY26 profit as record refinery throughput and stronger fuel sales boost earnings [HPCL] Details
8Synergia Energy elevates long-time company insider Stacey Britza to board as non-executive director [Synergia] Details
8Petronet LNG secures CRISIL AAA/Stable rating for Rs. 12,000 crore rupee term loan facility [Petronet] Details
8Hindustan Oil Exploration appoints corporate governance veteran Preeti Grover as independent director for five-year term [HOEC] Details
8Adani Ports expands into European deepwater subsea business through Astro Offshore’s pact with Oceaneering International [Adani Ports] Details
8South West Pinnacle bags Rs. 22.68 crore drilling and exploration orders from Odisha PSU and Hindustan Zinc subsidiary [SWP] Details
8SEAMEC secures USD 2.12 million offshore charter for SEAMEC PRINCESS from Lamprell Energy for ONGC operations [Seamec] Details
8Desco Infratech appoints Aristos Advisory to strengthen investor and public relations outreach [Desco] Details
Details

E&P contracting brief: Part I

May 13: 1) OIL’s Baghewala-Mehsana crude tender turns tanker hiring into a camera-led custody-control contract
8OIL’s new crude transport tender puts digital surveillance at the centre of a Rajasthan-to-Gujarat bowser operation.
8The 24 KL fleet requirement is tied to hatch cameras, GPS trip history, controlled halts and strict custody discipline.
8The real story is how much operating risk the contractor must absorb before crude reaches Mehsana.
 
2) Desco wins award as rival quotes fan out sharply replacement of 24 inch crude oil transfer pipelines from ONGC Trombay terminal
8Desco Infratech has emerged L1 at but the real story sits in the pricing ladder.
8The L2 bid is only 6.0% higher, while the L3 quote jumps 36.2% above the winner.
8That spread hints at a risk-reading split the tender document does not fully resolve.
 
3) Grace, Kaho, Oakinnovatica and Zodiac enter ONGC Ahmedabad Asset’s SRP BESS tender under a tight uptime-risk contract
8Find out more
 

4) ONGC pipeline maintenance corrigendum extends bid window but keeps field-risk burden on contractors
8ONGC’s pipeline maintenance corrigendum gives bidders more time, but not much more contractual comfort.
8The key technical risk remains buried in CP monitoring, ROU surveillance, 8MOSRU readiness and asset-wise manpower estimation.
 
5) ONGC extends Bechraji GGS-I and GGS-II surface-facility revamp tender without softening LSTK risk
8ONGC has given bidders more time for the Bechraji GGS-I and GGS-II revamp, but the commercial risk map remains tight.
8The package still pushes design validation, statutory approvals, monsoon execution and commissioning readiness onto the LSTK contractor.
8The extension may widen participation, but it does not answer the hardest pricing questions.
 
Click on Details for more
Details

E&P contracting brief: Part II

May 13: 1) ONGC extends Nawagam GCP gas compressor replacement bid deadline without easing LSTK risk terms
8ONGC has pushed back the bid deadline for its Nawagam GCP gas compressor replacement package.
8The extension gives contractors more time, but the turnkey risk frame remains intact.
8The real issue is whether extra time improves competition without weakening ONGC’s execution safeguards.
 
2) ONGC’s long extension for the 1000 km Pipeline Laying Project exposes offshore execution anxiety
8And it is not just bidder scheduling pressure
 
3) ONGC’s Mumbai High produced water conditioning tender keeps slipping as offshore lifecycle risk moves centre stage
8Find out more
 

4) Oil India extends New OCS at Nagajan EPC bid deadline to after heavy technical clarifications
8Oil India’s New OCS at Nagajan EPC tender has gained seven extra days, but the extension follows more than a routine calendar adjustment.
8The corrigenda show a late-stage technical reset across plot plan, PFD, P&ID and bidder clarifications.
8The real question is whether the added week is enough to convert uncertainty into bankable bids.
 
Click on Details for more
Details

Petronet LNG: There is bad news, and then some good news

May 13: 8Find out why we say so
Click on Details for more Details

CPCL’s heater package quietly sidelines India’s refinery revamp specialists from a core LOBS upgrade bid

May 13: 8For most Indian heater contractors, refinery revamps are the main proving ground. EIL’s decision to reject revamp references for qualification changes the competitive equation far more than the financial thresholds suggest. The clause could dramatically narrow the serious bidder pool before commercial bidding even begins.
Click on Details for more
Details

EIL/MIL TNT plant retender: A big surprise

May 13: 8The absence of visible amendments raises a sharper procurement question than a routine date extension would.
Click on Details for more
Details

IOCL’s Panipat 2G ethanol utility tender exposes brutal pricing divergence in refinery O&M market

May 13: 8A near 79% pricing gap has emerged between technically accepted bidders
Click on Details for more
Details

Downstream contracting briefs: Technical bids

May 13: 1) Six bidders enter IOCL Panipat refinery township solar RESCO race as refinery shifts renewable risk to private developers
8Find out more
 
2) Atlas Copco emerges as sole bidder in EIL’s centrifugal compressor tender
8Find out more
 
Click on Details
Details

Downstream contracting briefs

May 13: 1) IOCL’s Kandla integrity tender: Is it different this time around
8Does it quietly rewrite who can enter India’s specialised inline inspection market?
 
2) Repeated bid extensions signal participation and execution sensitivity in BPCL Kochi refinery polypropylene laboratory package
8The pattern suggests more than routine scheduling pressure in a technically sensitive downstream support package. The real concern may lie in what the tender still has not clarified.
 
3) BPCL extends PDPP acrylic acid catalyst changeover tender amid specialist execution dependence at Kochi Refinery
8Find out more
 
4) Did EIL just acknowledge a hidden solids problem inside NRL’s desalter system?
8The amendment abruptly abandons clean-service assumptions. That shift only happens when process conditions are more severe than originally represented. The industry will watch whether similar revisions appear in future NRL revamp packages.
 
5) IOCL’s cancelled Karnal biomass tender exposes the hidden execution risks inside India’s green fuel transition
8Find out more
 
Click on Details
Details

Panipat District City Gas Distribution Project

May 13: 8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details

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

May 13: 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

May 13: 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

May 13: 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

May 13: 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

Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026

May 13: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8Fraudsters dupe 130 MGL piped gas consumers and applicants of Rs 3 crore in 7 weeks Details
8India’s ethanol-blended petrol makes a splash amid global oil shock: report Details
8Higher ethanol blending: India’s next energy leap must begin now Details
8New Russian tanker starts loading cargo from USsanctioned LNG plant Details
8India rejects sanctioned Russian LNG despite energy supply pressures Details
8Why India chose caution over easily available Russian LNG Details
8IGL inaugurates India’s first forecourt rooftop solar plant at Ghazipur CNG station Details
8Oil crisis sparks austerity push in India Details
8Man held for illegal storage of 74 LPG cylinders Details
8Coal gasification key to build long-term resilience against global energy shocks: experts Details
8Iran now defines Strait of Hormuz as far larger zone, IRGC officer says Details
8India has 60 days of crude, 60 days of LNG and 45 days of LPG, there is no problem on supply side: Hardeep Puri Details
8Delhi CM orders curbs on official vehicles after PM's austerity push Details
8Oil prices today: crude slips after three-day rally as markets track Iran ceasefire and Donald Trump-Xi Jinping summit Details
8India needs to be ready for tough times: Uday Kotak Details
8India oil prices: minister addresses fuel hike fears amid global turmoil & strategic reserve needs Details
8Oil prices rise as fragile US-Iran talks sustain supply worries Details
8On first PM visit to Norway in 4 decades, Modi and hosts to discuss long-term LPG deal Details
8No shortage of LPG, petrol, and diesel in the state: Manipur government Details
8LPG shortage leads to increased demand for clean cooking solutions Details
8LPG worth Rs 1.5 crore diverted, Chhattisgarh officer named mastermind of racket Details
8Auto, taxi operators in Karnataka seek subsidy to shift from LPG to CNG, EV Details
8Why ignoring auto LPG weakens India’s clean mobility strategy Details
8IOCL fails to keep word, LPG transporters’ dues not cleared Details
8LPG production in India ramped up to 54,000 tonnes per day amid West Asia conflict: petroleum minister Hardeep Singh Puri Details
8India’s Russian oil imports drop in April on Nayara refinery shutdown Details
8Oil cos losing Rs 1,000 crore a day: hike in prices imminent, hints petroleum minister Hardeep Singh Puri Details
8Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026 Details
8India cuts oil & gas royalty rates in landmark upstream reform; ICRA says move will improve project returns Details
8Petronet LNG receives CRISIL AAA rating for Rs.12,000 crore term loan facility 2026 Details
8ONGC invites global EOI for offshore logistics across western offshore operations Details
8IGX gas trading volume rises 79% in April 2026, GIXI index jumps 49% YoY due to global energy tensions Details
8India beats global energy crisis: no petrol or diesel price hike in 4 years, says Hardeep Singh Puri Details
You can also click on Newsclips for more
Details

Oil India’s seven-year equipment rule could reshape the economics of upstream production services

May 12: 8The most commercially disruptive clause may not be financial at all.
8A seemingly technical restriction on equipment age could force vendors into accelerated fleet renewal, leasing dependence or strategic partnerships.
8The long-term effect may extend far beyond this single empanelment exercise.
Click on Details for more
Details

Refiner’s R&D consultant EOI turns technology forecasting into a commercial gatekeeping exercise

May 12: 8It is seeking consultants not just to study markets, but to support investment decisions around technologies and products.
Click on Details for more
Details

Refiner’s Catalyst Micro-Regeneration Unit tender raises the bar for catalyst R&D infrastructure

May 12: 8The tender points to a sharper in-house push on light naphtha isomerization, CRU and CCRU studies. The equipment is designed to generate data, not merely demonstrate laboratory chemistry. That makes this a small procurement with a larger downstream technology signal.
Click on Details for more
Details

IPPL’s East India LNG tender quietly shifts from feasibility study to market-entry blueprint

May 12: 8Find out more
Click on Details
Details

Shutdown pre-bid at Bina Refinery: Silent treatment

May 12: 8No bidder joined BPCL’s pre-bid meeting for a turnaround-linked transformer servicing package at Bina Refinery. The silence comes despite tightening turnaround schedules and rising refinery reliability pressures across India’s downstream sector. The bigger question may not be who bids — but how narrow the qualified contractor pool has become.
Click on Details for more
Details

Why did this Toluene Extraction Unit draw only one bidder?

May 12: 8A refinery-petrochemical integration project with direct aromatics monetisation potential should have attracted wider global technology participation. Instead, the process produced a sole-bidder outcome despite IOCL extending submission timelines. The answer may lie less in technology scarcity and more in how Indian refiners are reallocating lifecycle risk onto licensors.
Click on Details for more
Details

GAIL’s KNPL tender quietly signals a new integrity doctrine for India’s aging gas pipeline network

May 12: 8Find out what it is
Click on Details for more
Details

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

May 12: 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

May 12: 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

May 12: 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

E&P contracting brief: Part I

May 12: 1) Analyser wins VPA monitoring systems award as Swan trails by 5.7% amid bidder-status anomaly
8VPA’s environmental monitoring award has gone to Analyser at Rs 8.98 crore, with Swan 5.7% higher on the supplied award table.
8But the public result record introduces a complication by listing Swan as disqualified.
 
 2) Geosafe and Lotas split ONGC RTMS awards as uptime-linked well surveillance moves into managed IIoT mode
8ONGC’s RTMS award is less about sensors and more about who carries the risk of missing production data.
8Geosafe has taken the larger western-asset schedule, while Lotas has secured Assam under a structure that does not reveal L2 or estimate benchmarks.
 
3) Oil India’s CISF genset corrigendum eases mobilisation but keeps 48-hour restoration and diesel risk with bidders
8Oil India has softened mobilisation and compliance paperwork in its CISF genset tender, but not the operating risk that matters most.
8The 48-hour restoration requirement, shutdown penalty logic and no-escalation fuel stance remain intact.
 
4) ONGC’s Mumbai High LR-1 tanker tender widens vessel eligibility but keeps call-out risk with bidders
8Find out more
 
Click on Details for more
Details

Daily forward looking import matrices

May 14: 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

Oil & Gas Sector: All new tenders of the day

May 14: 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

May 14: 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

RBI governor warns of retail fuel price hike if West Asia conflict persists

May 14: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8IEA revises 2026 forecast: oil deficit widens as Iran war cuts production Details
8Saudi Aramco looks to raise $10 billion from real estate asset deal Details
8Big oil reconsiders previously unattractive destinations Details
8AI is being used to fix its own energy problem Details
8Golar LNG joins AEW 2026 as gold sponsor amid Africa’s FLNG market expansion Details
8Shell entrusted with LNG cargo for Bulgargaz Details
8JP Morgan publishes first oil price forecast in 2 months Details
8Senegal targets $7.5 billion gas project to end energy subsidies Details
8Aramco targets raising over $10 billion from property portfolio Details
8ExxonMobil insists move to Texas won't erode shareholder rights Details
8Eni says its biodiesel successfully tested on cruise ship Details
8JP Morgan publishes first oil price forecast in 2 months Details
8INOX India reports record FY26 revenue growth driven by LNG, aerospace and industrial cryogenic demand Details
8India turns down US-sanctioned Russian LNG despite Middle East supply strains Details
8Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra Details
8Gas cylinder explosion triggers panic at Mantralayam Details
8Indian LPG tanker MV Sunshine safely crosses Strait of Hormuz, heads to India Details
8First solar-powered forecourt at CNG station marks clean energy push Details
8Wabag and Peak launch first bio-CNG plant in Ghaziabad, targeting 250,000 metric tons carbon reduction Details
8Middle East conflict pushes India to revive stranded energy pipeline projects Details
8Prashant Jain remains bullish on India, says oil prices biggest near-term market risk Details
8India, UAE set to ink energy pacts on LPG and strategic oil reserves on Friday Details
8India set to scale back Russian oil imports if US waiver lapses Details
8Oil India standalone March 2026 net sales at Rs 5,960.59 crore, up 8% y-o-y Details
8Govt approves coal gasification scheme with Rs 37,500 crore outlay Details
8Indian rupee hits record low as outflows, oil strain worsen rout Details
8Global oil supply to plunge below demand this year on Iran war, IEA says Details
8India set to scale back Russian oil imports if US waiver lapses Details
8RBI governor warns of retail fuel price hike if West Asia conflict persists Details
8Crude oil futures gain on spot demand Details
8HPCL warns of losses in Q1 FY27 as West Asia crisis lifts crude costs, hits fuel margins Details
8PM Modi reduces convoy size as austerity step Details
8HPCL Q4 FY26 net profit jumps 78% to Rs 6,065 crore Details
8Inflation in driver’s seat likely to stall discretionary spend Details
8Oil India Q4 results: PAT jumps 62% to Rs 2,424 crore; record drilling & highest daily production in a decade Details
8Mirae Asset mutual fund acquires 4.94% stake in Gujarat Gas Ltd on 12 May 2026 Details
8MGL leadership meets PNGRB & MoPNG to boost PNG connectivity and clean energy Details
You can also click on Newsclips for more
Details

The old CGD economics are breaking down

May 13: 8High allocation of cheap APM gas,
8Stable LNG sourcing,
8Strong margins on CNG,
8And predictable pass-through pricing.
Now that equation is getting disrupted. Details

India’s cryogenic engineering story is entering a new phase

May 13: 8This company is now linking LNG, hydrogen, space and fusion into one manufacturing platform.
And it is breaking new ground Details

HOEC’s leadership structure is being rebuilt in real time

May 13: 8Find out why there is such rapid churning
And what is the kind of stress that is pushing this
Click on Details for more Details

Engineers India’s order book is changing shape

May 13: Find out how engineering capex cycle is becoming more margin-driven
8Click on Details for more Details

Indian refineries are no longer treating AI as a dashboard experiment

May 13: They are now pushing AI directly into refinery operating environments
8And this could eventually change how Indian refineries are run
Click on Details for more Details

PNGRB’s paperless push has hit an unexpected wall

May 13: 8Why are companies unhappy?
Find out more Details

ONGC relaxes R-series MOPU qualification gate

May 13: 8This is  while tightening policy and availability undertakings
Click on Details for more
Details

ONGC’s WOB consultancy bid: Exploration risk outsourced

May 13: 8This is before drilling decisions are frozen.
8The assignment targets 11 high-cost offshore prospects where G&G ranking, pore-pressure review and techno-economic vetting can alter drilling priorities.
8The corrigendum looks procedural on paper, but the compliance load may decide who actually stays in the race.
Click on Details for more
Details

Offshore seismic tender: two big companies fall off

May 13: 8The exclusion of CGG Services India Private Limited and TNG Exploration (JV) Private Limited changes the competitive geometry before price is tested.
Click on Details for more
Details

Vedanta’s waterflood EOI quietly shifts the battle from equipment supply to reservoir-control capability

May 13: 8Find out more
Click on Details
Details

Announcements

May 13: New Page 1 8HPCL posts 133% jump in FY26 profit as record refinery throughput and stronger fuel sales boost earnings [HPCL] Details
8Synergia Energy elevates long-time company insider Stacey Britza to board as non-executive director [Synergia] Details
8Petronet LNG secures CRISIL AAA/Stable rating for Rs. 12,000 crore rupee term loan facility [Petronet] Details
8Hindustan Oil Exploration appoints corporate governance veteran Preeti Grover as independent director for five-year term [HOEC] Details
8Adani Ports expands into European deepwater subsea business through Astro Offshore’s pact with Oceaneering International [Adani Ports] Details
8South West Pinnacle bags Rs. 22.68 crore drilling and exploration orders from Odisha PSU and Hindustan Zinc subsidiary [SWP] Details
8SEAMEC secures USD 2.12 million offshore charter for SEAMEC PRINCESS from Lamprell Energy for ONGC operations [Seamec] Details
8Desco Infratech appoints Aristos Advisory to strengthen investor and public relations outreach [Desco] Details
Details

E&P contracting brief: Part I

May 13: 1) OIL’s Baghewala-Mehsana crude tender turns tanker hiring into a camera-led custody-control contract
8OIL’s new crude transport tender puts digital surveillance at the centre of a Rajasthan-to-Gujarat bowser operation.
8The 24 KL fleet requirement is tied to hatch cameras, GPS trip history, controlled halts and strict custody discipline.
8The real story is how much operating risk the contractor must absorb before crude reaches Mehsana.
 
2) Desco wins award as rival quotes fan out sharply replacement of 24 inch crude oil transfer pipelines from ONGC Trombay terminal
8Desco Infratech has emerged L1 at but the real story sits in the pricing ladder.
8The L2 bid is only 6.0% higher, while the L3 quote jumps 36.2% above the winner.
8That spread hints at a risk-reading split the tender document does not fully resolve.
 
3) Grace, Kaho, Oakinnovatica and Zodiac enter ONGC Ahmedabad Asset’s SRP BESS tender under a tight uptime-risk contract
8Find out more
 

4) ONGC pipeline maintenance corrigendum extends bid window but keeps field-risk burden on contractors
8ONGC’s pipeline maintenance corrigendum gives bidders more time, but not much more contractual comfort.
8The key technical risk remains buried in CP monitoring, ROU surveillance, 8MOSRU readiness and asset-wise manpower estimation.
 
5) ONGC extends Bechraji GGS-I and GGS-II surface-facility revamp tender without softening LSTK risk
8ONGC has given bidders more time for the Bechraji GGS-I and GGS-II revamp, but the commercial risk map remains tight.
8The package still pushes design validation, statutory approvals, monsoon execution and commissioning readiness onto the LSTK contractor.
8The extension may widen participation, but it does not answer the hardest pricing questions.
 
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E&P contracting brief: Part II

May 13: 1) ONGC extends Nawagam GCP gas compressor replacement bid deadline without easing LSTK risk terms
8ONGC has pushed back the bid deadline for its Nawagam GCP gas compressor replacement package.
8The extension gives contractors more time, but the turnkey risk frame remains intact.
8The real issue is whether extra time improves competition without weakening ONGC’s execution safeguards.
 
2) ONGC’s long extension for the 1000 km Pipeline Laying Project exposes offshore execution anxiety
8And it is not just bidder scheduling pressure
 
3) ONGC’s Mumbai High produced water conditioning tender keeps slipping as offshore lifecycle risk moves centre stage
8Find out more
 

4) Oil India extends New OCS at Nagajan EPC bid deadline to after heavy technical clarifications
8Oil India’s New OCS at Nagajan EPC tender has gained seven extra days, but the extension follows more than a routine calendar adjustment.
8The corrigenda show a late-stage technical reset across plot plan, PFD, P&ID and bidder clarifications.
8The real question is whether the added week is enough to convert uncertainty into bankable bids.
 
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Petronet LNG: There is bad news, and then some good news

May 13: 8Find out why we say so
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CPCL’s heater package quietly sidelines India’s refinery revamp specialists from a core LOBS upgrade bid

May 13: 8For most Indian heater contractors, refinery revamps are the main proving ground. EIL’s decision to reject revamp references for qualification changes the competitive equation far more than the financial thresholds suggest. The clause could dramatically narrow the serious bidder pool before commercial bidding even begins.
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EIL/MIL TNT plant retender: A big surprise

May 13: 8The absence of visible amendments raises a sharper procurement question than a routine date extension would.
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IOCL’s Panipat 2G ethanol utility tender exposes brutal pricing divergence in refinery O&M market

May 13: 8A near 79% pricing gap has emerged between technically accepted bidders
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Downstream contracting briefs: Technical bids

May 13: 1) Six bidders enter IOCL Panipat refinery township solar RESCO race as refinery shifts renewable risk to private developers
8Find out more
 
2) Atlas Copco emerges as sole bidder in EIL’s centrifugal compressor tender
8Find out more
 
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Downstream contracting briefs

May 13: 1) IOCL’s Kandla integrity tender: Is it different this time around
8Does it quietly rewrite who can enter India’s specialised inline inspection market?
 
2) Repeated bid extensions signal participation and execution sensitivity in BPCL Kochi refinery polypropylene laboratory package
8The pattern suggests more than routine scheduling pressure in a technically sensitive downstream support package. The real concern may lie in what the tender still has not clarified.
 
3) BPCL extends PDPP acrylic acid catalyst changeover tender amid specialist execution dependence at Kochi Refinery
8Find out more
 
4) Did EIL just acknowledge a hidden solids problem inside NRL’s desalter system?
8The amendment abruptly abandons clean-service assumptions. That shift only happens when process conditions are more severe than originally represented. The industry will watch whether similar revisions appear in future NRL revamp packages.
 
5) IOCL’s cancelled Karnal biomass tender exposes the hidden execution risks inside India’s green fuel transition
8Find out more
 
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Panipat District City Gas Distribution Project

May 13: 8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details

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

May 13: 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

May 13: 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

May 13: 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

May 13: 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

Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026

May 13: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8Fraudsters dupe 130 MGL piped gas consumers and applicants of Rs 3 crore in 7 weeks Details
8India’s ethanol-blended petrol makes a splash amid global oil shock: report Details
8Higher ethanol blending: India’s next energy leap must begin now Details
8New Russian tanker starts loading cargo from USsanctioned LNG plant Details
8India rejects sanctioned Russian LNG despite energy supply pressures Details
8Why India chose caution over easily available Russian LNG Details
8IGL inaugurates India’s first forecourt rooftop solar plant at Ghazipur CNG station Details
8Oil crisis sparks austerity push in India Details
8Man held for illegal storage of 74 LPG cylinders Details
8Coal gasification key to build long-term resilience against global energy shocks: experts Details
8Iran now defines Strait of Hormuz as far larger zone, IRGC officer says Details
8India has 60 days of crude, 60 days of LNG and 45 days of LPG, there is no problem on supply side: Hardeep Puri Details
8Delhi CM orders curbs on official vehicles after PM's austerity push Details
8Oil prices today: crude slips after three-day rally as markets track Iran ceasefire and Donald Trump-Xi Jinping summit Details
8India needs to be ready for tough times: Uday Kotak Details
8India oil prices: minister addresses fuel hike fears amid global turmoil & strategic reserve needs Details
8Oil prices rise as fragile US-Iran talks sustain supply worries Details
8On first PM visit to Norway in 4 decades, Modi and hosts to discuss long-term LPG deal Details
8No shortage of LPG, petrol, and diesel in the state: Manipur government Details
8LPG shortage leads to increased demand for clean cooking solutions Details
8LPG worth Rs 1.5 crore diverted, Chhattisgarh officer named mastermind of racket Details
8Auto, taxi operators in Karnataka seek subsidy to shift from LPG to CNG, EV Details
8Why ignoring auto LPG weakens India’s clean mobility strategy Details
8IOCL fails to keep word, LPG transporters’ dues not cleared Details
8LPG production in India ramped up to 54,000 tonnes per day amid West Asia conflict: petroleum minister Hardeep Singh Puri Details
8India’s Russian oil imports drop in April on Nayara refinery shutdown Details
8Oil cos losing Rs 1,000 crore a day: hike in prices imminent, hints petroleum minister Hardeep Singh Puri Details
8Dolphin Drilling’s Blackford Dolphin to complete Oil India contract through July 2026 Details
8India cuts oil & gas royalty rates in landmark upstream reform; ICRA says move will improve project returns Details
8Petronet LNG receives CRISIL AAA rating for Rs.12,000 crore term loan facility 2026 Details
8ONGC invites global EOI for offshore logistics across western offshore operations Details
8IGX gas trading volume rises 79% in April 2026, GIXI index jumps 49% YoY due to global energy tensions Details
8India beats global energy crisis: no petrol or diesel price hike in 4 years, says Hardeep Singh Puri Details
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Oil India’s seven-year equipment rule could reshape the economics of upstream production services

May 12: 8The most commercially disruptive clause may not be financial at all.
8A seemingly technical restriction on equipment age could force vendors into accelerated fleet renewal, leasing dependence or strategic partnerships.
8The long-term effect may extend far beyond this single empanelment exercise.
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Refiner’s R&D consultant EOI turns technology forecasting into a commercial gatekeeping exercise

May 12: 8It is seeking consultants not just to study markets, but to support investment decisions around technologies and products.
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Refiner’s Catalyst Micro-Regeneration Unit tender raises the bar for catalyst R&D infrastructure

May 12: 8The tender points to a sharper in-house push on light naphtha isomerization, CRU and CCRU studies. The equipment is designed to generate data, not merely demonstrate laboratory chemistry. That makes this a small procurement with a larger downstream technology signal.
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IPPL’s East India LNG tender quietly shifts from feasibility study to market-entry blueprint

May 12: 8Find out more
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Shutdown pre-bid at Bina Refinery: Silent treatment

May 12: 8No bidder joined BPCL’s pre-bid meeting for a turnaround-linked transformer servicing package at Bina Refinery. The silence comes despite tightening turnaround schedules and rising refinery reliability pressures across India’s downstream sector. The bigger question may not be who bids — but how narrow the qualified contractor pool has become.
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Why did this Toluene Extraction Unit draw only one bidder?

May 12: 8A refinery-petrochemical integration project with direct aromatics monetisation potential should have attracted wider global technology participation. Instead, the process produced a sole-bidder outcome despite IOCL extending submission timelines. The answer may lie less in technology scarcity and more in how Indian refiners are reallocating lifecycle risk onto licensors.
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GAIL’s KNPL tender quietly signals a new integrity doctrine for India’s aging gas pipeline network

May 12: 8Find out what it is
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Today's update in E&P, Midstream-Downstream & CGD sector

May 12: 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

May 12: 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

May 12: 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

E&P contracting brief: Part I

May 12: 1) Analyser wins VPA monitoring systems award as Swan trails by 5.7% amid bidder-status anomaly
8VPA’s environmental monitoring award has gone to Analyser at Rs 8.98 crore, with Swan 5.7% higher on the supplied award table.
8But the public result record introduces a complication by listing Swan as disqualified.
 
 2) Geosafe and Lotas split ONGC RTMS awards as uptime-linked well surveillance moves into managed IIoT mode
8ONGC’s RTMS award is less about sensors and more about who carries the risk of missing production data.
8Geosafe has taken the larger western-asset schedule, while Lotas has secured Assam under a structure that does not reveal L2 or estimate benchmarks.
 
3) Oil India’s CISF genset corrigendum eases mobilisation but keeps 48-hour restoration and diesel risk with bidders
8Oil India has softened mobilisation and compliance paperwork in its CISF genset tender, but not the operating risk that matters most.
8The 48-hour restoration requirement, shutdown penalty logic and no-escalation fuel stance remain intact.
 
4) ONGC’s Mumbai High LR-1 tanker tender widens vessel eligibility but keeps call-out risk with bidders
8Find out more
 
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  • May 12: Downstream contracting briefs: Part I:Details
  • May 12: Downstream contracting briefs: Part II:Details
  • May 12: Today's update in E&P, Midstream-Downstream & CGD sector:Details
  • May 12: ONGC receives Visionary Leadership Award for transforming 7,500 government schools with digital education:Details
  • May 12: Agra District City Gas Distribution Project:Details
  • May 12: Oil & Gas Sector: Get all winning contracts of the day:Details