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May 2020

8A new entrant wants to get into the watertight ATF distribution system
8It will be up against entrenched vested interests but in the process it has set the cat among the pigeons
Click on Reports for more. Details
PLL has backed out of the Tellurian LNG terminal
8Did the Indian LNG major miss out on a good opportunity, even in the post-COVID aftermath?
Click on Details for more Details
8Cairn India's face off with its service providers is costing the company dearly
Click on Details for more Details
City gas distribution companies did not pass on the entire reduction in APM gas prices (from USD3.23/mmbtu to USD2.39/mmbtu) starting 1st Apr’20 to end customers.
8So, these are now favourties of punters as the economy revives
Click on Reports for more Details
How bad was the POL demand degrowth in India?
8Exact numbers have come in
Click on Reports for more Details
India is meant to be gas resilient economy, with a high gas price elasticity to demand.
8Even under the crisis, global gas demand is expected to go up not down in 2019 in comparison to 2020
8But, according to latest estimates by a reputable institute, why is it a different story in India?
8Also, how will global gas prices behave through 2020?
Click on Details for more Details
In a first, monopoly player GAIL has shown a willingness to play second fiddle in the Indian gas market
8What brought about a change in the mindset?
Click on Details for more Details
Indian retail outlet prices should ordinarily have gone done but they will go up despite crude prices being down
8Not just that refineries will also be in a spot in more ways than one
Click on Reports for more Details
The rout of US-origin LNG continues, with GAIL in a particularly tight spot.
8June looks bad, and this trough will continue until September at the least
8Our weekly arrival data shows US LNG cargoes are still streaming into India. How is that happening?
Click on Details for more Details
An extraordinary inter-regional project is in the offing which looks at eliminating plastic waste by replacing 20% of coal usage by the cement industry
8This will mean that these companies will co-process the plastic waste
8The model can be replicated in other energy-intensive industries
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Epoxy Grouting material Fosroc Conbextra EP75 for Mainline pumping unit Details
8Annual Maintenance Contract for Emission Monitoring Analyzers at refinery Details
8Conducting Quantitative Risk Analysis (QRA), Hazardous Operability Study(HAZOP) and Updation of Emergency Response and Disaster Management Plan (ERDMP) for the locations under Koyali Base Details
8Supply of Fasteners at refinery Details
8Procurement of Pressure Gauges at refinery Details
8Supply of 210 Ltr HDPE Containers for HPCL Mazgaon and Silvassa Terminal Details
8Providing maintenance of manpower at all RRKPL locations Details
8Supply, Installation and Commissioning of Odorizing System Details
8Annual Rate Contract for the operation of Effluent Treatment Plants Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8CPCL to raise Rs 1,000 cr through bonds issue in FY21 Details
8Gail India issues tender to buy and sell LNG cargoes: sources Details
8Indian economy to contract in FY21; lockdown compounds economic challenges, says Moody's Details
8India's petroleum product demand to fall 8 per cent in 2020: IEA Details
8Haryana gets its first grid connection biogas plant Details
8Dharmendra Pradhan reviews pipeline projects worth approximately Rs 8000-crore, pitches for Aatmanirbhar Bharat Details
8India's crude oil imports fall, product exports surge in April Details
8Pradhan sees fuel demand reaching pre-Corona level next month as India gets back to work Details
8No one can predict where oil prices will stabilise: Dharmendra Pradhan Details
8Govt working on relief measures for oil producers Details
8Seize LG Polymers premises, orders Andhra HC over gas leak Details
8Reliance estimates USD 200-400 million liability in KG-D6 cost recovery dispute Details
8Odisha ready for next level of industrial growth in post- COVID scenario: Pradhan Details
8The trader who called the 2020 oil crisis Details
8Lockdown easing traffic upsurge drives gasoline higher Details
8Saudi Aramco's Bahri puts LNG tanker plan on hold Details
8U.S. shale bust slams rural economies as oil checks shrivel Details
8BP's Looney halves top management roles in energy transition plan Details
8UK court throws out Nigerian oil corruption case against Shell, Eni Details
8Spot LNG price crash set to make life harder for Indian suppliers of long-term gas Details
8The oil and gas sites hit by coronavirus in Russia, Kazakhstan Details
8Sebi to seek timeline from MCX on upgrade of technology platform Details
8Iranian fuel starts arriving in Venezuelan waters despite U.S. warning Details
You can also click on Newsclips for more   Details
Shell Hazira terminal seems to be busy all of this week
8Four cargoes are transacting at the terminal
8This clearly means that the terminal is not under tank top conditions
8Cargoes are coming in for Shell, RIL as well as GAIL
Click on Details for more Details
8A tender is coming out for offshore rigs
Find out for how many rigs and when Details
ONGC has completed crew change not just in its offshore installation but across its onland assets
8The protocols are very strict and private contractors will also have to fall in line
8"It is vital that we keep the virus out from out installations," a top ONGC official told this website.
Click on Details for more Details
The ONGC's senior most executives in Delhi go to really extraordinary lengths to keep the virus out.
8And in doing so, they are really tough on themselves.
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Hardware Upgradation of GAIL’s Centralized SCADA System Details
8Procurement of Temperature Transmitters Details
8ARC for Emergency Response and ROU Maintenance in GAIL Cauvery basin Details
8Procurement and installation & commissioning of in situ type stack analyzers for furnaces Details
8Hiring of services for calibration and servicing of PSV Details
8Implementation of the Command & Control Centre as part of BPCL Digital Initiatives Details
8Maintenance & Handling of Mill Plus Details
8Supply of 210 ltr HDPE Containers for HPCL Mazgaon And Silvassa Terminal Details
8Supply, Installation & Commissioning of Online HC and H2S Gas Detection Systems at various Installations of Rajahmundry Asset Details
8Civil works at drill site PDAM cluster Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Mumbai: 5 CNG pumps shut, owners upset but will not protest during Covid-19 Details
8Unlike China, India`s oil demand stays weak as economy falters Details
8CPCL posts Q4 standalone net loss at Rs 1,637.56 crore Details
8Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders Details
8Oil India to drill in Dibru-Saikhowa National Park from outside Details
8Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders Details
8Thick smoke from oil refinery triggers panic among locals in Vizag Details
8Indian Oil bets on hydrogen vehicle for self-reliant future mobility Details
8Dharmendra Pradhan pushes PSUs to double sourcing of domestic steel pipes Details
8Gail to commission LNG pipeline next month Details
8EU court rejects Nord Stream complaint on pipeline law Details
8Sellers beware: Price collapse triggers bartering over oil and gas deals Details
8Shell evacuates foreign staff from Iraq's Basra Gas project: Executives Details
8Crude oil at highest since March on lower US inventories, recovering demand Details
8First piece of disputed Keystone XL pipeline finished Details
You can also click on Newsclips for more   Details
Find out why oil demand may in fact go up and not down in the aftermath of the virus
8This virtue was extolled by the world's most renowned oil expert
Click on Details for more Details
Two basic facts are emerging from the global tanker market this week
8Earnings have come down to a fourth of what it was at the height of the covid problem but then many companies made a lot of money in this period
8The other is a survey that shows that size does matter in the tanker business and large companies do not earn more money because they have a larger fleet
Click on Details for more Details
8After a gap, IOCL is landing a cargo in its terminal from the US
Find out more Details
Why is GSPC importing gas from the US?
8There are two cargoes slated to come in, one on the May 28 and another on May 29, one at Mundra and another at Dahej
8Why are LNG cargoes out of the US is landing in India, when the ex-terminal price here is near about the Henry Hub price? Details
What if a private rig owner were to be find a virus attack aboard
8What options does he have?
8Also know more about why the most obvious option is not the best option Details
8Rig owners which have been served with force majeures have also been handed out an olive branch by E&P operators
Find out more Details
As E&P operators declare force majeure, rig owners are scurrying back to pour over the fine print in their contracts
8Find out what their contracts have to say
Click on Details for more Details
Natural gas is a clean alternative for coal, and now that the National Green Tribunal is actively seeking to push coal consuming industrial units to use gas, there is likely to be an unabated growth of gas as fuel for industrial units.
8But inputs received by our website indicate that industrial clusters are being wooed by another competing fuel, and the economics are turning out to be cheaper than gas.
8"Eventually this will limit the maneuvering power of the gas supplier in many industrial clusters and work as a ceiling on the prices that they can charge for supply of gas," an industry observer told this website Details
RIL and ONGC have had a fraught relationship when it comes to working together in the deepwater blocks in the KG Basin.
8The relationship remained strained ever since ONGC rejected an RIL offer for sharing of the latter's vast KG offshore infrastructure, built by Mukesh Ambani in a flush of ambition to handle 125 mmscmd of gas.
8But the duo seem to have found common ground again during this time of crisis.
Click on Details for more Details
In today's troubled times, an LNG importer has to be more adept than at any other time
8Cargo cancellations, or diversion to other geographies is now common place
8Europe is the usual destination for cargoes not finding berth anywhere else
8In Europe too, the market is complicated, with many hubs operational.
8Which ones are more liquid, and whose prices are more reliable? Which is more dependable?
Click on Reports for more Details
A start-up of idle gas based power projects would be an ideal scenario for a gas supplier in today's times.
8There were expectations that low gas prices would spark a start-up but that had not happened yet
8But a few power companies have bad actively pursuing their gas based power ambitions, taking advantage of low prices
8Here is one such company
Click on Details for more Details
Saudi Arabia and UAE did not finally play ball with India in filling up the country's strategic storage caverns
8Instead they went to China
8Was it to India's disadvantage?
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8Two rigs were deployed, one from a dry dock and another from an anchorge, during the lockdown
Find out more on how it was done. Details
India and Bangladesh have put together a template for higher inland water transport traffic
8These can ideal areas to push small scale LNG as bunker fuels, if the economics are right
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Fresh and new data is emerging on COVID-19 and its impact on business
8And also newer templates, including fresh impact data on companies
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India's oil demand will fall much more than gas demand
8But by how much?
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Domestic gas demand had grown by 5.2% during FY20 and by 2.7% during FY19.
8But it will fall in the current year, find out by how much
8Also, by how much will LNG offtake fall? Details
Even though the lockdown has been lifted in many places around the world, do not expect the LNG market to show a marked improvement beyond a point
8Cancellation of US cargoes will in fact accelerate not decelerate going ahead given the uneconomic spread between the United States and key markets overseas.
8GAIL is tightlipped of how many of their cargoes are in the cancelled list
8Why are US LNG terminals still operating if the spread is uneconomic? Details
8A big offshore contractor is now looking for work onland
Find out more Details
For reference purposes the website carries here the following tenders:
8Contract for maintenance of private broad gauge railway track and siding for LPG plant Details
8Supply, Installation and Commissioning of Battery Banks Details
8Supply, Installation and Commissioning of AHUs for HVAC Plant and Buyback of Old AHUs Details
8Providing assistance to the Competent Authority in the state of Andhra Pradesh and Tamil Nadu for acquisition of ROU Details
8Providing OHE jobs at Railway Siding Madurai Details
8Hiring of Warehouse for Receipt and Storage of Lubricants and Execution of Indents received from HPCL including Secondary transportation Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India’s LPG penetration reaches 97.5 per cent Details
8No disturbance to environment and Dibru-Saikhowa national park is envisaged: OIL Details
8OPEC chief says oil market responding well to record OPEC+ cut Details
8Oil prices climb as US stock drawdown eases supply glut fears Details
8Venezuela to escort Iranian tankers bringing needed fuel Details
8Kazakhstan says may shut oilfield with 935 virus cases Details
8Oil up on lower US stocks, firmer demand Details
8Saudi pips Iraq as top oil supplier to India in April: trade Details
8Crude oil futures rise on spot demand, global cues Details
8Asian jet fuel refining margins turn positive first time in a month Details
8Russian oil output dips towards OPEC+ quota limit: sources Details
8Angola's oil exploration evaporates as COVID-19 overshadows historic reforms Details
8Russian oil output dips towards OPEC+ quota limit: sources Details
You can also click on Newsclips for more   Details
ONGC's offshore crew change exercise
What is the current status? Details
8MRPL was meant to go ahead with an 8 MMTPA refinery expansion
What is the latest status? Details
8Expect some quick action on the Nayara petrochemical tender
8Find out what is next Details
The Gujarat refinery expansion project capex has been cut after a full review
8Find out by how much and what is next with the project
Click on Details for more Details
An ugly oil industry regulator against. regulator battle is in the offing.
8And no one is expected to emerge a winner
Click on Details for more Details
8IOC is working on keep older Euro-IV cars running on CNG in circulation on Indian roads for longer
Find out how Details
LPG demand was expected to surge rapidly ahead after free LPG cylinders were distributed
8But that did not turn out to be the case beyond a point, and Indian refineries have been caught off guard
Click on Details for more Details
The lockdown has hit everyone
8But here is one pipeline operator which seems to have weathered the storm very well indeed
8Losses are marginal and volumes are expected to be higher than last year!
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The run rate of Nayara refinery has gone up in over the last two weeks
8Find out why the run rate is way higher than that of public sector companies
Click on Details for more Details
8An equipment supplier's inability to deliver has set off a disastrous string of events across the offshore E&P chain in India
8It will be nightmarish figuring out what the costs are going to be, but likely to be in tens of millions of dollars.
Find out more Details
8An E&P operator has been slapped by a service provider with a $100 million bill in the aftermath of a virus attack.
 8How much of it will get paid remains a moot point.  Details
For reference purposes the website carries here the following tenders:
8Three Years Rate Contract for Fire Retardant Overalls Details
8Procurement of Gate valves and NRV for 78 header works at Mehsana Asset Details
8Hiring Services of Turnkey Transportation of Drilling Rigs Details
8Supply Installation and Commissioning Stabinger Viscometer Details
8Procurement of Domestic Pressure Regulators to various LPG Bottling Plants Details
8Imported Auto Sampler Kit GC-HS Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot at Sangrur, Punjab Details
8Renewal of GST ASP (Application Service Provider) with SAP DSC (Digital Compliance System) Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vizag gas leak: SC refuses to interfere with NGT order directing LG Polymers to deposit Rs 50 cr Details
8Vizag gas leak: SC asks LG Polymers to move NGT Details
8Vedanta’s debt-financed acquisition will increase leverage: Moody’s Details
8Cyclone Amphan: Indian Oil refinery, Haldia Petrochem plant put on high alert Details
8Fire at LG Chem's catalyst plant in South Korea leaves one dead, two injured Details
8Crude oil futures rise on spot demand, global cues Details
8Crude oil prices gain on signs of output cuts, improved demand Details
8Past its peak? Battered oil demand faces threat from electric vehicles Details
8Democrat Biden says he would kill Keystone XL pipeline Details
8Exxon revives sale of stake in giant Azeri oilfield Details
8Google backs off on AI for oil and gas extraction Details
8Protesters chant "Shell must fall" at oil major's meeting Details
8Coronavirus creates repair headache for oil and gas industry Details
You can also click on Newsclips for more   Details
The most brutal impact of the virus in the oil & gas industry in India has felt on the East Coast of India, were ONGC and the RIL-BP combine were in the midst of investing $10 billion in developing deepwater discoveries.
8More news is coming out on how both these operators have shut down bulk of the ongoing work.
8Some work systems have been spared but may not be for too long.
8How long will it take before these blocks limp back to normal?
8Find out more on the devastating imprint that the virus is carving out on these deepwater blocks. Details
The COVID-19 attack will entail relaxation of timelines for project implementation under the PNGRB
8But for all non-COVID related cases, expect no relief, as one operator found out
Click on Details for more Details
8One of the big three service providers has began issuing pink slips it is learned
Find out more  Details
Why is it that LNG suppliers such as ExxonMobil and Qatar Gas have ignored the invocation of Force Majeure conditions by Indian buyers?
8On technical grounds Indian buyers have a weak case
Find out why Details
Gas prices have started looking up
8But they can start dipping again by August
Click on Details for more Details
8What is the latest update on ONGC's 10-vessel tender?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot Details
8Construction of Signature Gate at Gas Processing Unit Details
8AMC of HVAC System installed at MCR & Technical building of Hazira Compressor Station Details
8Procurement of Cooling Fans, Fan Covers for LV Motors Details
8Supply of Flanges and Fittings as per tender Details
8Supply of Magnetic Level Gauges Details
8Item Rate Contract for Testing of Pressure Vessels, Pipes and Lifting Equipment Details
8Supply of Zinc Stearate Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8LG Polymers completes transfer of gas from plant, port Details
8LG completes removal of deadly Styrene Monomer gas from Vizag, ships back to Korea Details
8IOC close to first tender to export fuel to Bangladesh: sources Details
8Vedanta's oil and gas head Ajay Dixit quits Details
8Natural gas demand rises by a third Details
8India's fuel demand recovery gathers pace as lockdown eases Details
8Gujarat: Petrol pump owners seek urgent help from govt Details
8Saudi Arabia crude exports rise to 7.391 million barrels per day in March: JODI Details
8Fuel sales boost signals worst of rout might be over Details
8Crude oil futures rise on spot demand Details
8Coronavirus widens climate rift between European and U.S. oil majors Details
8Oil prices climb more than $1 ahead of WTI June contract expiry Details
8Oil prices recover on demand revival signs, Brent at $33/bbl Details
8Consolidation in public sector oil firms back on table Details
8Asia shares follow S&P 500 higher, oil and gold jump Details
8OPEC+ cuts oil exports sharply so far in May - trackers Details
8Global gas demand to shrink by 2 per cent this year amid pandemic: Research Details
You can also click on Newsclips for more   Details
Despite bruising battles with Cairn India and the termination of contracts, service providers may still work for the company, it seems
8But under different terms
Click on Details for more Details
The Delhi Court judgment last month in the case involving Halliburton and Cairn India has brought into sharp relief the question of performance guarantees and force majeure invocation
8While the encashment of bank guarantees of Halliburton by Cairn India has been put on hold, a can of worms -- particularly involving issues of sanctity of a contract -- is expected to open up in this case and in others that are likely to follow in the oil & gas sector on account of the lockdown
Click on Details for more Details
The Vedanta group had a cozy relationship with the BJP government
8But oil and gas industry analysts are now having doubts.
Click on Details for more Details
The crude tanker market is going through a volatility of a kind never seen before in recent history.
8Carrier rates had soared dramatically and fallen with equal speed at the same time
8But going ahead, there are real pointers now that while 2020 will be one of the worst years for the economy, it could be one of the best for tanker companies. Details
8The next oil price slump may come in July
Know why Details
COVID-19 counter measures differ from country to country
8But a comparison of measures taken in 170 odd countries can provide a more detailed perspective on what has and has not been done in India
8It also provides a context for companies to reason with the government of India for further finetuning, quoting examples of what others are doing
Click on Reports for more Details
8What is the latest run rate of Indian refineries?
Click on Reports for more Details
The appetite for installing scrubbers have dramatically waned after differentials between high and low sulphur fuel oil narrowed very sharply
8But this should lead to complacency as the situation can change soon
Click on Details for more Details
GAIL continues to keep some units shut in its Pata petrochemical complex in aftermath of the virus attack
8But why is it keeping one petrochemical complex located in the remote North East going at 100% capacity?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Services for carrying out NDT testing, inspection & certification of process pipeline, pressure vessels Details
8AMC for calibration of pressure safety valves for two years Details
8Hiring of Services for repair of Traction Motors Details
8Laying and Associated Works for Dhamra Angul Pipeline Project Details
8Implementation of OFC Based Pipeline Instrusion Detection System Details
8Pneumatic Chemical Dozing Pump complete with variable output adjustment devices, relief valves and check valves Details
8Procurement along with Installation, Commissioning and AMC of Spinning Drop Video Tensiometer Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot Details
8Requirement of "On Call Basis" ARC for Testing, Failure Analysis and Health Assessment Jobs of various Refinery components Details
8Supply and Installation of Branding Elements Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Clogged cooling system likely cause of gas leak in Andhra Pradesh, three investigators say Details
8India's GSPC seeks LNG cargoes first time since start of lockdown Details
8GAIL halts LNG imports at Ratnagiri port Details
8India's gas demand gradually picking up as virus restrictions ease Details
8India's fuel demand recovers in May Details
8MoEF to hear plea against LG for leak Details
8ONGC gas pipeline leaks in Andhra Pradesh's East Godavari Details
8‘New Reliance’ to be best proxy for new India’s consumption, tech-driven growth story: RIL Details
8Crude oil prices back at early April highs as demand shows signs of picking up Details
8Saudis reel from austerity drive after oil-rich 'magic decade' Details
8US sends oil to Belarus, seeking to diversify from Russia Details
8European Union condemns new Turkish drilling for gas off Cyprus Details
8Iran says United States cannot block fuel shipments to Venezuela Details
8China's top energy firms to grow gas output despite spending cuts Details
8Russia's Rosneft incurs $2.1 billion first-quarter loss, cuts output Details
8Unique payout Alaskans get from oil wealth could be at risk Details
8Hundreds get virus at main Kazakh oil field Details
8European Union condemns new Turkish drilling for gas off Cyprus Details
8Crude oil prices back at early April highs as demand shows signs of picking up Details
You can also click on Newsclips for more   Details
There is mayhem in the deepwater blocks of India
8Force Majeure declarations have left major service providers without income
Click on Details for more. Details
It is leaned that one technology licensor has been short listed for the Numaligarh Refinery expansion
8The others are in the process of evaluation
Click on Details for more Details
Halliburton has reportedly been dealt a cruel blow by Cairn India Ltd
8Know more about what really happened Details
Cairn India Ltd has terminated some of its key contracts in the Barmer oil block
8Contractors have been left high and dry
Click on Details for more Details
The website carries here March and April data of LNG arrivals in India
8April arrivals are much lower
The data is given in terms of:
8Name of carrier
8Arrival date, sailing date, berthed date
8Quantity of each cargo
8Buyer name
8Producer name
8Name of dispatch terminal
8Name of destination terminal
Click on Reports for more Details
Everyone, from LNG buyers to sellers to rig operators to EPC contractors are currently all going through the fineprint of the Force Majeure clause in their agreements
8Easy solutions are not available, as everyone is seeking to pass the buck on
8But there is need for clarity on who can and cannot claim indemnity under Force Majeure
Click on Reports for more Details
The volatility in the tanker market is likely to bring about a massive resizing of the market
8This is happening even as tanker companies post record earnings
8Know more about why and how this is going to happen
8Also, product tankers are experiencing a super cycle
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Mainline & Booster Pumps for Barmer Palanpur Pipeline Project Details
8Procurement of Sampling Cylinders for Gas Sample Collection Details
8Procurement of LT Panels for Feeding Power Supply to New Residential Quarters Details
8Procurement of 4367030 Kg Additional Slip Agent for LLDPE/ HDPE and PP unit Details
8ARC for Hyrdotesting & Refilling of Cylinders of Pipeline Installations Details
8Providing Insurance Policies Details
8Rectification of Gas Leakage in Pig Signallers installed in HVJ Pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8This is the last leg of simplification of Vedanta’s structure: Anil Agarwal Details
8India Ratings puts April revenue loss for 21 states at 97,100 crore Details
8Angre Port leases part of industrial land to Arjun Refineries Details
8Vizag gas tragedy: LG Chem begins transportation of Styrene Monomer inventory to South Korea Details
8Govt releases truncated April WPI inflation data; reports 10.12 per cent deflation in fuel, power basket Details
868 ONGC men return from sea Details
8ONGC awards 49 marginal fields to 7 companies amid corona crisis Details
8Petrobras books $8.35 bn Q1 loss amid 'worst crisis in 100 years' Details
8GAIL chief Manoj Jain appointed CMD of Mahanagar Gas as well Details
8Global oil refining could rebound in June, but margins weak: IEA Details
8Crude oil prices get some respite from drop in US crude stockpiles Details
8Singapore Airlines posts first-ever annual loss on fuel hedges, virus Details
8Delisting of subsidiary to enhance Vedanta Resources' financial flexibility: S&P Details
8IEA projects gradual relaxation of restrictions to help oil demand recover in 2020 Details
8Saudi Aramco cuts June crude allocation to some Asian buyers Details
8Gazprom's natural gas exports slump 19 per cent in first quarter - source Details
8Hit by coronavirus and Trump, Iran's oil exports dwindle to record low Details
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8Public sector companies have gone online with COVID-19 reporting
Find out more Details
A massive tankage capacity -- crude and finished products -- build up is coming up
8Find out when RFQs are going to be due
Click on Details for more Details
An ongoing oil & gas project had 12,000 workers on site
8It now only has 2000
Find out more Details
The urea industry has been  the biggest anchor customer for the Indian gas industry
8But the future is looking a little wobbly as of now
Find out why Details
8In the midst of ongoing changes, E&P companies are streamlining procedures for procurement for EPC and LSTK contracts
Click on Reports for more Details
8HOEC's contract for an offshore drilling rig has just gotten over
Click on Reports for more Details
8In the midst of the current turmoil, seismic tender are still coming out
Click on Reports for more Details
Indian refiners are even looking at a possibility of zero prices for their export products
8Some of them are writing indemnities on such scenarios into their contracts
Click on Reports for more Details
Don't get swayed by the current euphoria around easing of the lockdown.
8Normalcy may not be restored all that soon
8And there is still a strong possibility of oil storages getting fully filled up a few months down the line, with resultant implications for prices
8Different scenarios are throwing different kind of results, and the future remains deeply uncertain
Click on Details for more Details
Of the 288 geographical areas under city gas distribution entities, how many are in red, green and orange zones?
8For service providers and gas suppliers, it is important to have these facts together
Click on Reports for more Details
Force Majeure conditions have been invoked by ONGC and OIL on some E&P service providers
8How did it hit these providers, and what kind of mitigating steps are they taking?
Click on Details for more Details
Barmer Refinery will entail the building of a big pipeline network
8There will be pipelines to ferry raw water from the Indira Gandhi canal
8Then there is a 510 km crude pipeline to the Arabian sea
8There is another line coming into the refinery from Cairn's Mangla field
8One contract has already been awarded, what is the status of the other pipelines?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Hiring of Environmental Monitoring services for Blocks CB-ONN-2010/8 & Block CB-ONHP-2017/9 Details
8Hiring of Consultancy Services for Implementation of Quality Circles Details
8Procurement of Online Ambient Air Quality Monitoring system Details
8Item Rate Contract for providing services of Civil Works Details
8Procurement of High Speed Diesel Details
8Procurement of 800 kg Hydrazine Details
8Procurement of De-Oiling Poly Electrolyte Details
8EOI for providing services for Preventive Maintenance of motors Details
8Supply of Flanges supply for DPI Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vedanta makes proposal to delist from Indian stock exchanges Details
8Vedanta shares zoom 10 per cent on delisting plan Details
8Angre Port ties up with Arjun Refineries Details
8Jharkhand: Hike in VAT on petrol, diesel in state from today Details
8South Korea's LG Chem sends delegation to India to probe deadly gas leak Details
8OPINION: COVID-19 impact on the Oil & Gas industry - A perspective Details
8‘Vedanta offer price not attractive enough’ Details
8This is the last leg of simplification of Vedanta’s structure: Anil Agarwal Details
8Crude oil prices to stabilise over next 4-6 quarters: Report Details
8As Canadian oil sands site fights infections, some want fewer fly-in workers Details
8Exclusive: Venezuela's PDVSA allocates oil cargoes to partner at Petrozamora - data, sources Details
8Occidental offering voluntary job buyouts, citing need for spending cuts: document Details
8ABN Amro warns of ballooning provisions after $1.2 billion first-quarter hit Details
8Saudi Aramco closes $10 billion one-year loan: LPC Details
8Significant advantages for Aramco to conclude investment in O2C biz of RIL: Report Details
8Crude oil futures slump on weak global cues Details
8Crude oil prices fall as fears of second coronavirus wave take hold Details
8Aramco deal could provide significant financial muscle to RIL: HSBC Details
8Japan's Inpex slashes profit forecast by 93 per cent on oil price slide, COVID-19 Details
8Oil holds near $30, caught between demand loss and supply cuts Details
8Oil and gas, pharma, telecom should do well while everything else comes off: Goldilocks Details
8Saudi cabinet urges OPEC+ countries to further reduce production: SPA Details
8Norway's oil income plunges with weak crude prices, tax relief Details
8JPMorgan sees more Gulf companies linking up but no liquidity crunch Details
8US crude stockpiles unexpectedly drop for first time since January: EIA Details
You can also click on Newsclips for more   Details
RIL is mean to have another auction for gas from its KG Basin development plans
8When is it due now? Details
A face-off is brewing between suppliers and buyers of gas under long term agreements over who will foot the gas bill during the lockdown phase.
8A citation of the Force Majeure clause by the buyer on the seller such as GAIL may not suffice
8The situation is more complicated than that, when both sides are heard
Click on Details for more Details
When is first gas expected from the RIL's KG-D-6 block?
8The company had sold 5 mmscmd of gas to customers -- with GSAs in place for supply stretching from 3 to 6 years -- and deliveries were meant to begin in May, 2020
8But post-COVID, the timeline had shifted.
Find out what the new deadline is Details
HSD is a significant portion of an E&P service provider's expense, particularly for a drilling company, onshore or offshore
8So if there is a government fiat that raises the price of HSD (on not not to secular interaction of demand and supply), can be ruled as a 'change oin law" and the service provider be compensated consequently?
Click on Details for more Details
The petroleum ministry is now listening to the oil & gas industry more openly
8Is this the impact of the new secretary at the helm?
8Find out what kind of opening is taking place
8Also know more about what is going to come up in terms of incentives, particularly for the E&P industry. Details
The CGD industry continues to be a high return business despite the lockdown
8Three companies are reportedly in the race to acquire a third CGD entity
8More such deals are likely to follow in a post COVID world
Click on Details for more Details
In the face of the Coronavirus attack, upstream LNG assets are going really cheap
8Is this a good point in time for a PLL or a OVL to pick up stakes?
Find out more Details
8An analysis shows that only ONGC among its peers does not have the cash flows to fund its cash flow deficits over the next two years
Click on Reports for more Details
With gas prices ruling low, suppliers are eyeing the stranded gas based power capacity in the country
8Gas based power may in fact get a shot in the arm through a different initiative from a government agency
Click on Details for more Details
An E&P operator is finding it difficult to get service providers to cut prices
8A tender in which it sought a lower price saw a mass protest and a subsequent boycott
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8EOI for sale of low grade Sulphur from Gas Processing Plant, Hazira, Surat Details
8Hiring of Forklift Services on Firm Basis in Gujarat Details
8Supply of 5 HP Submersible Pump Sets Details
8Hiring of Contract Services for Hydro-testing, Painting, Refilling and Recharging of FM-200 Gas Cylinders Details
8Hiring of Contract Services for Hydro-testing, Refilling, Painting and Re-installation of Fire Extinguishers and Cylinders Details
8Procurement of 1500 MT Butene1 for LLDPE/ HDPE unit Details
8Procurement of spare tubes of heat exchanger of ECU unit Details
8Procurement of Diesel High Speed Details
8AMC Civil at GAIL Usar Details
8Requirement for ARC for deployment of 100 MT tyre cranes (for 3 years) Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vedanta makes proposal to delist from Indian stock exchanges Details
8State refiners spent more than they had planned in 2019-20 Details
8Gas production to remain a loss-making proposition for upstream producers: ICRA Details
8U.S. crude output to drop, oil demand to slump by 2.2 million barrels per day in 2020: EIA Details
8Crude oil prices to stabilise over next 4-6 quarters: Report Details
8South Korea's LG Chem sends delegation to India to probe deadly gas leak Details
8Norway's oil income plunges with weak crude prices, tax relief Details
8Oil falls amid concerns about new viral outbreaks, rise in inventories Details
8OPEC+ wants to maintain oil output cuts beyond June - sources Details
8Saudi Arabia to cut June's oil production Details
8OPINION: New hope or false dawn? Asian refining margins gain, but risks loom: Russell Details
8Saudi Aramco Q1 profit dives, says virus to hit 2020 results Details
8Under virus pressure, Saudi Aramco may cut government payout Details
8Crude oil prices up after Saudi pledge on cuts eases some glut fears Details
8Saudi Aramco tips difficult 2020 as crisis hits quarterly profits Details
You can also click on Newsclips for more   Details
Negative pricing was observed in crude prices
8But negative prices in the power market is now a reality too
Click on Details for more Details
One sweet spot in the CGD business, the ability to mark up end prices, even through supply is subsidized, is under increasing scrutiny of policy makers.
8In the aftermath of COVID-19, will there be a change in this paradigm?
8Why is this issue getting highlighted again among policy makers?
Click on Details for more Details
The domestic gas as well as the LNG supply industry's largest customer may be in a bit of trouble.
8While every effort was made to keep this critical gas demand segment going, and there were indications that everything was going fine, worries are now beginning to mount.
Click on Details for more Details
Oil companies when through a long period of iteration before perfecting an online payment mechanism, where invoking and payments are entirely virtual.
8These are not permanent changes, but given that the virus is likely to stay with us for a couple of years, some aspects of this new system may well become permanent.
8Find out how oil companies are evolving their payment systems, after weeks of trial and error. Details
The rise was so fast that the fall too could not have been any less spectacular
8Crude carrier rates fell 80% in two weeks
Click on Reports for more Details
8In the midst of the havoc wrecked by the virus, has GAIL cancelled some of its US LNG commitments now that LNG prices in Asia and elsewhere are ruling below Henry Hub prices leave along taking into account liquefaction charges?
8US cargoes have become uneconomic all over the world, and more so in India, where GAIL has some Henry Hub based gas supply contracts. Details
The coronovirus epidemic has claimed its first oil & gas victim, it seems
8A large company has been declared to have a "negative" outlook.
Click on Details for more. Details
It is not known where the ongoing tussle between buyers and sellers of LNG is going to land up?
8But some of it may well land up in litigation, as even after buyers have declared Forece Majeure, they are being still being served with daily nomination quantities.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8GIS Mechanical Piping and Miscellaneous works for MSBP Details
8Providing Services of CRC Assistant, Store Keeper, Engineering Assistant & Planning Assistant at LPG Bottling Plant Details
8Civil, Electrical and Mechanical works at the retail outlet for providing various facilities Details
8Transportation of Packed LPG Cylinders by Road Ex Yediyur LPG Plant Details
8Procurement of Aluminium Power Cables Details
8Procurement of Power Cables Details
8Hiring of service for Insurance Broker Details
8Request for Technical Proposal (RFP) for Treasury Automation System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petrol, diesel prices may rise again after daily price revision restarts Details
8Petrol, diesel prices unchanged for 56 days, oil ministry says market volatility is the reason Details
8Fuel consumption declines in April, ATF falls over 90 per cent as airlines remain grounded Details
8Fitch Ratings says higher risks to Indian oil marketing firms' standalone profiles Details
8ONGC losses on gas business to widen to Rs 6,000 cr in FY21 Details
8Indian state refiners scale up crude processing as fuel demand improves Details
8IndianOil plans to operate refineries at 80 per cent capacity by May end Details
8Not cancelled any long-term contract for LNG or crude oil: Dharmendra Pradhan Details
8Oil prices rise as Saudi Arabia pledges further supply cut Details
8Saudi Arabia deepens oil cuts as weak demand weighs on prices Details
8U.S. refiners killed the golden goose: diesel margins Details
8Kazakhstan signs decree to cut oil output under OPEC+ deal Details
8Colombia's Ecopetrol Q1 net profit plunges 95% on low oil prices Details
8Analysis: Investors search for bargains in energy sector minefield Details
8Crude oil prices fall on fears of coronavirus second wave Details
8Middle East Crude-Benchmarks rise; Kuwait, ADNOC raise June OSPs Details
8Oil market slump prompts Spain's Cepsa to cut spending, delay dividend Details
You can also click on Newsclips for more   Details
8Speculation: In these times of crisis, there is always a lot of speculation.
8One such projection by a respectable bank is that demand for crude may exceed supply by end of May!
8Also, find out why Saudi Arabia may emerge as the ultimate arbiter of oil prices
8One certainity now is that the market will be in supply deficit in 2021 to support higher prices
Click on Details for more Details
Gas suppliers in India will need to keep track of how the global LNG markets are behaving not in the immediate future but in the long run
8In the last two months, more has happened to impact the long term outlook than in the last two years
8There is a surplus of supplies now but how long will that last?
8Does hanging on to long term contracts or getting into more such contracts make for more sense?
Click on Details for more. Details
8The Mozambique LNG terminal, in which the Indian trio of ONGC, BPCL and OIL are invested, seems to be in serious trouble
Find out more Details
8Why is ONGC deploying multiple Boeing 747-400s -- the largest commercial planes available in India -- across the country?
Find out more. Details
There is a lot of data coming out on emerging markets' fiscal and monetary response to COVID-19
8Is India playing too safe?
8Should it do much more?
8Which are the segments of the economy with the highest possibility of negative ratings going ahead?
8Also, what kind of progress has been made in the medical fight against the virus? There are many potential treatment avenues and vaccines under investigation.
Click on Details for more Details
The industrial cluster of Morbi is at the centre of attention of the gas supply industry.
8There are a total of 875 ceramic units, which under normal circumstances consume around 6.5 mmscmd of gas.
8Common tiles are a basic necessity in an economy and if this segment can get going, there is hope ahead for others.
8Now that the lockup has been lifted, are these units coming back to life?
8What is the prognosis from here on?
8Morbi is not just about gas supply, it is as much about labour supply, gas pricing, export orders and domestic demand.
Click on Details for more Details
A fall in crude prices will mean that rates of service providers, already under a lot of pressure, will have to fall
8But the room for maneuvered is low
8Offshore rig rates are not expected to fall by more than 10%
8What about other services?
Click on Reports for more Details
LNG terminal owners are feeling the pinch of lower tankage capacity while dealing with the coronavirus
8More tanks are now set to be built, to take into account greater volatility expected in a post-virus world
Click on Details for more Details
LPG prices are slated to rise sharply
8And this will have wide ranging implications across the board in India
8At risk is auto LPG and industrial clusters working on LPG
Click on Details for more Details
There is volatility in the LNG market as of now
8US LNG prices are way lower than Asian prices, implying US supplies overseas is no longer economic
8Also, LNG supply is expected to reach higher levels in 2020, unless there are shut ins, with demand likely to much lower, even if there is a marginal price during the year. Details
What are the quarter-wise price projections made for 2020 and 2021 by top analysts in the world?
8And what is the consensus price as of now?
Click on Reports for more. Details
Some surprising data is coming up from around the world
8In parts of New York the infection rate is 50%, close to herd immunity, when infection rates begin to come down
8Herd immunity theorists are now pushing this line of argument to loosen up controls
8Also, Indian demand for petroleum products seems to way lower than the global average
Click on Details for more Details
A global manufacturing giant is seeking a return of compensation previous paid to top company executives
8Unlike in India, global companies began the feel the pinch from mid-Q4 when the virus was raging in Wuhan
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Heavy Weight Drill Pipes Details
8Appointment of Cost Auditor for FY 2020-21 Details
8Replacement of existing SCADA servers & clients for CCKPL Details
8Gorge Protection Works at Rayagada LPG Plant Details
8Expression of Interest for Procurement of Sales and Customer Service Automation Software Product Details
8Annual Maintenance Contract for VFDs of CTMPL and CBPL at SRPL Manali, Asanur and Chittoor stations Details
8Supply of materials for laying of pipeline network, installation of transfer pump for Transmix tank Details
8Maintenance of Pressure Vessels (Mounted Bullet, Horton Sphere, Nitrogen Tank and Hydrogen Bullet) under SMPV with its associated jobs at refinery Details
8Supply of Induction Heater and Bearing Fitting tool kit Details
8Hiring of manpower services for operation of disinfectant sprayers at PPMC Details
8Annual Maintenance Contract for mechanical maintenance of carousel, chain conveyor system and other allied equipments Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil set for positive finish to week as lockdowns eased Details
8India's fuel demand growth could return to normal by mid-May: Dharmendra Pradhan Details
8LG Chem share price falls nearly 2 per cent after deadly gas leak in India Details
8Moody's reviews India's negative rating, upgrade unlikely in near term Details
8Pradhan hints at new gas policy, says low oil prices no answer Details
8Adani Gas fourth quarter net profit increases 59 per cent to Rs 121 crore Details
8India’s LNG imports jumped 18 per cent in 2019-2020 Details
8Odisha could follow other states in hiking taxes on liquor and fuel Details
8Aviation fuel price cut 23 per cent, costs one-third of petrol, diesel Details
8Record excise duty hike unlikely to help bridge fiscal gap: Report Details
8OMC caution public against fraudulent offers through fake letters, mails Details
8GAIL says DoT's Rs 1.83 lakh cr demand notice not material event Details
8Work from home calls for change in culture, says Indian Oil’s head of HR Details
8Human error, negligence led to Vizag gas leak: Forensic report Details
8India's fuel consumption dips 46 per cent in April; expected to rebound in May Details
8Oil prices drop amid supply glut, fears of 2nd coronavirus wave Details
8Oil crash busted broker’s computers and inflicted big losses Details
8GLOBAL LNG: Asian spot prices recover a little on improving demand Details
8Crude oil futures rise on spot demand Details
8Falling diesel use makes US oil industry 'like the snake biting its own tail' Details
8US drillers cut oil & gas rigs to historic low: Baker Hughes Details
8Republicans urge Trump to bar banks from shunning fossil fuel loans Details
8US offers bankrupt refiner $10 million cap on biofuel obligation: filing Details
8OPINION: COVID-19 - Preparing for the new normal in Oil & Gas Details
You can also click on Newsclips for more   Details
For pre-NELP blocks, the going was good until oil prices crashed
8The cost of production was low and despite the fact that they had to pay higher lease extension charges, after their first round, long term leases were over, including higher profit sharing and mandatory bark guarantees, they were managing to make money
8But the situation is different now
8Also know more about what the petorleum ministry's reaction is from operators request relief measures.
Find out what the outlook is from here on. Details
The virus attack and the lockdown do not seem to have deterred a global CNG supplier from setting up base in India
8The company is now waiting for state government paperwork which was meant to have completed last month but is expected my May
Click on Details for more Details
8Highway retail outlet executives of Oil Marketing Companies have tales to tell of what the lockdown meant for the transportation industry
Find out more Details
Even as legacy pipeline owners struggle to get their gas prices right for the end client in the aftermath of the lockdown, alternative supply lines, using virtual networks, are active, offering gas at far cheaper rates
8Is this the moment of triumph that virtual gas supply industry was waiting for?
Click on Details for more Details
Did Mott MacDonald wind up its energy & petrochemical division in India?
8The company got back to us, find out what they have to say
Click on Details for more Details
The lockdown has been lifted in parts of India.
8Has this brought about an increase in sales of petroleum products?
8What is the refinery run rate now for the oil marketing companies?
8Does the data from the ground call for optimism or pessimism?
8Get the as-of-yesterday data here Details
HPCL is trying hard to match high EPC bids for its 9 MMTPA Barmer refinery units against low reserve prices settled for them.
8It has been revising its base prices upwards but the exercise is fraught with problems, as even that has not been found to be enough
Click on Details for more Details
Tank full position continue to dog Indian LNG regasification plants as lockdown depresses demand
8This seems to happening in two key destinations, Hazira and Dahej.
Click on Details for more Details
What is the gas demand outlook for 2020 in India
8For the first time a realistic demand estimate has been made
Click on details for more Details
For reference purposes the website carries here the following tenders:
8Contract for Manpower Services Details
8Toll Manufacturing of HPCL Bio Products for a contract period of one year Details
8Supply of HV package for HPCL project Details
8Providing COMCO services Details
8Supply of Ultrasonic Level Transmitters Details
8Supply of Tube Bundles Details
8Procurement of MS Plates Details
8Supply of Gas Detectors Details
8Supply of Mechanical Seals at refinery Details
8Supply of Penatrating Oil at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8AP Gas leak: PM convenes meeting of NDMA Details
8Vizag gas leak: Civic body tells residents to stay indoors, use wet cloth as mask Details
8Vizag gas leak situation 'under control': South Korean parent company Details
8Gas leak took place as plastic factory was being prepared for resumption of work: NDRF Details
8Congress slams PM for hiking taxes on fuel Details
8Vizag gas leak: Spread of poisonous vapours depends on wind speed, officials say Details
8ONGC, OIL earnings to decline, credit metrics weaken due to lower oil prices: Moody's Details
8India, Russia plan MoU on coking coal; boost crude oil trade Details
8COVID-19: IOC's Mathura Refinery organises health testing camp for contract workers Details
8HSBC alleges Zenrock sought multiple loans for same oil cargo: court document Details
8OPINION: Robust imports of major commodities show China shrugging off coronavirus hit, says Russell Details
8Saudi Arabia raises June Arab light crude price to Asia Details
8Japan's Fuji Oil books annual loss because of oil price slump Details
8U.S. investment firm Warburg Pincus explores sale of overseas energy assets Details
8In a gloomy oil market, India's pump prices echo $100-plus crude Details
8Oil marketing companies' shares trim most of sharp early losses Details
8Equinor suspends 2020 output guidance amid global oil cutbacks Details
8States ask Trump administration to pay laid off oil workers to plug abandoned wells Details
8Russia says oil demand is not seen returning to pre-crisis levels fast Details
8ANALYSIS: From zero to hero: physical oil rally might be short-lived Details
8Taxes now make up 70 per cent of fuel retail prices Details
8Gazprom pumps gas to China as planned despite contractor's work suspension Details
8Crude oil futures rise on spot demand Details
8Hit by pandemic and oil slide, Norway cuts key interest rate Details
8CVR Energy to explore converting refining units for renewable diesel production Details
You can also click on Newsclips for more   Details
Covid-19 may be a scary phenomena for many but not for L&T
8The company seems well prepared to withstand this tsunami
Click on Reports for more Details
We carry here a series of 41 articles, all written by prominent experts in their fields on the impact of COVID on the Indian economy and its various sub-sectors
How will the virus impact
8Trade
8Container traffic
8Global investors
8FDI
8Exports and global value chains
8Electronic supply chain
8Engineering exports
8Trade and MSMEs
8Agricultural marketing
8Tackling uncertainty
8How to deal with China
8The new normal and India
8Economic assessment of COVID and how to minimize damage
8Economics of dealing with the lockdown and how to deal with a post-lockdown world
Click on Reports for more Details
There is nothing certain in today's world
8For a while, it looked like VLCC carrier rates will continue stay sky high because of the urgent need for floating storage
8But now, going by contango rates, three month VLCC storage rate can only be support a price of a mere $38,000/day.
Click on Details for more Details
It should have ordinarily been an easy job to load up a offshore rig vessel while at anchorage for a new contract
8But in the midst of the lockdown, when Mumbai is a red zone, it turned out to be a logistical nightmare
Click on Details for more. Details
Petronet LNG has still to work out a deal with Qatargas on how to account for all the cargoes it is turning back
8Force Majeure invocation has been rejected outright
8Find out more on the cargoes which have not been taken and how will they accounted for when books are settled
8Also how did other LNG terminals fare in April.
Click on Details for more Details
Indian oil & gas installations have begun reporting virus infections
8Two refineries and a drilling site have seen cases
8Housing complexes have also started reporting cases.
8For contractors too, it is important to now which are these zones where extra precaution will have to be taken.
Click on Details for more Details
A prominent oil & gas agency has decided to do all interaction via video conferencing.
8This can spark a new trend.
Click on Details for more. Details
SOPs for crew change in platforms and offshore installations have finally been institutionalized
8Everyone has been told to follow due process
Click on Details for more Details
There is now let up on the E&P work being done by RIL in the KG Basin, it seems
8This is despite the fact that they have delayed delivery of the first tranche of gas
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Hiring of services for fabrication and installation of flow arm for wells D6 & D7 at DDW1 platform of HPHT Asset Details
8Civil jobs under Siliguri Retail RO in the state of West Bengal and Sikkim Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot at Ernakulam Kerala for five years Details
8Annual Rate Contract for supply of Tetra System spares Details
8Supply of IBR gate valve, check valves and other fittings for fabrication of steam lines for injecting Steam in tanks and flowlines Details
82D Seismic Data Acquisition of 870 LKM covering parts of Manipur under National Seismic Program Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8UP hikes petrol price by Rs 2/L, diesel by Rs 1/L Details
8Petrol, diesel under GST unlikely in near future, say BJP, Congress leaders Details
893k Ujjwala beneficiaries in U'khand get money in their accounts for free LPG refills Details
8Covid-19 disruptions may further spike duty on petrol, diesel after Tuesday's unprecedented hike Details
8Numaligarh Refinery awards expansion project to thyssenkrupp Details
8Asia Distillates: Gasoil reels under pressure as lockdown-mode India pumps out barrels Details
8Economically anti-national: Congress slams 'draconian' govt for raising taxes on petrol, diesel Details
8Oil marketing companies' shares trim most of sharp early losses Details
8Gas leak at LG Polymers plant in Visakhapatnam kills nine, hundreds hospitalised Details
8Equinor suspends 2020 output guidance amid global oil cutbacks Details
8Hike in fuel excise to increase tax collection by $21 billion: Moody's Details
8Tax now forms 70 per cent of petrol, diesel prices Details
8Oil marketing companies shares drop up to 13 pc Details
8Crude oil futures fall on weak global cues Details
8OPINION: Oil car crash highlights Aramco investors' airbag Details
8Crude oil prices rise above $31 as lockdown easings counter supply glut Details
8Excise duty raised on petrol and diesel: What it means for you Details
8Oil gains as US inventories grow less than feared while coronavirus slashes demand Details
You can also click on Newsclips for more   Details
Coronavirus has stirred up a discount war.
8Large E&P operators such as Cairn India have begun asking for discounts even in existing water-tight compartments, and the menace seems to have spread to the main contractors who in turn are now seeking discounts down the vendor line
8All of this can lead to a dangerous downward spiral
Click on Details for more Details
The transition from high to low sulphur fuel was meant to have caused a lot of disturbance in the shipping industry.
8Refiners and shippers alike regarded the transition with unease since nearly all of the world's 3.2 million b/d of international bunker fuel consumption was accounted for by higher-sulfur (>0.5%) blends.
8Would refiners be able to produce enough very-low sulfur fuel oil (VLSFO) to meet demand?
8If so, at what cost and how would that affect shipping rates?
8And how would the incremental demand for low-sulfur hydrocarbons affect prices and differentials for the oil industry?
Click on Reports to find out how the story has eventually turned out, both for shippers and refineries. Details
Small scale LNG can be ideal for India in a situation of scattered demand centers, lack of delivery infrastructure, variable demand, short timeline for implementation, and where there are financial constraints.
8Commercially, there are two basic models for these applications: merchant model and service/tolling model.
8There is a Petronet LNG model at work
8Get a full update on how these models work and where they have been successfully implemented.
Click on Reports for more Details
The Numaligarh Refinery expansion seems to be one project where work is going on at quick pace
8After finalizing the PMC and EPCM, new bids have been opened
8One prominent licensor's bid was rejected.
Click on Details for more Details
Indian refiners are looking at jet fuel demand revival data with increasing trepidation?
8Will there be a V shaped recovery, or will be an agonizingly slow upturn?
8By when will full recovery take place?
8The answer can come as a surprise for planners, even those who have taken extreme scenarios into account
Click on Details for more Details
8Find out why 2020 may turn out to be a good instead of a bad year for an E&P operator in India
Click on Details for more Details
India is seeing a reduction of around 90,000 barrels per day of domestically supplied LPG this quarter because of refinery run cuts.
8That is forcing refiners to look for alternative suppliers to fulfill demand.
8And new supplies are coming from first time sources
Click on Details for more Details
Get a full employment survey for Indian companies subsequent to COVID-19
8By how much are salaries being cut?
8Clearly, top management is hit harder than the others.
8Were salary cuts enforced by RIL justified?
Click on Details for more Details
Work on the Vizag refinery expansion of HPCL from 8.33 MMTPA to 15 MMTPA was in full stream, with 60% work done, when COVID-19 hit the project
8EPC contractors, including TechnipFMC and L&T are on the ground
8Find out what is going on in what is arguably one of the India's largest construction sites as of the moment
8The invocation of Force Majeure has been rejected, so what are the next steps now?
Click on Details for more. Details
Will the PNGRB be able to help small factories caught under CGD monopolies to reach out for cheaper sources of gas from outside suppliers?
8Find more in this subject in our interview with a top PNGRB official.
Click on Details for more Details
What is the actual outlook on ONGC in a post-COVID world
8ONGC incurs significant capex every year (about Rs. 30-32,000 crore) on exploration, development, and purchase of capital assets.
8Additionally, the company acquired GSPC’s KG basin asset as well as GoI’s stake in HPCL.
8Yet, the picture is not all that grim either
Click on Reports for more  Details
For reference purposes the website carries here the following tenders:
8Supply of Static/ Earth discharge rod as per tender specification Details
8Supply and Installation of Pneumatic Actuators for 20” NB Plug Valves at Uran LPG Terminal Details
8Supply and Filling of Ethyl Mercaptan in STC to Uran LPG Terminal Details
8Contract for services of supply and application of Acoustic and Thermal Insulation without SS/ GI wire mesh using fibrous material at Compressor Station Details
8Supply, Installation & Commissioning of Ultrasonic Flow Meter based gas metering system for fuel gas metering at compressor station Details
8Hiring of Consultancy services for GST compliances Details
8Procurement of pipes and pipe fittings Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India eyes Rs 25,000 crore savings from storing cheap oil in ships Details
8For RIL data is beginning to look like new oil Details
8Tamil Nadu hopes to earn Rs 2,500 cr by hiking VAT on petrol, diesel prices Details
8People pay more for fuel but OMCs on way to record-high marketing margins Details
8Govt hikes excise duty on petrol, diesel to garner Rs 1.6 lakh crore Details
8Bring petrol, diesel under GST; any hike in taxes to depress demand: ASSOCHAM Details
8Numaligarh Refinery to import 21TMT of crude oil from Petronas Malaysia Details
8Excise duty hike on petrol, diesel to erode oil companies' savings: Moody's Details
8Bank of China may compensate up to 20 per cent of investments in oil products Details
8Carbon emissions cuts do not mean Repsol will exit oil sector: CEO Details
8EXPLAINER-How does government have the power to curb U.S. oil output? Details
8Crude oil futures rise on positive overseas cues Details
8Oil outlook for this year and next turning brighter: UBS Details
8Asia Distillates-Gasoil cracks plunge as region stays awash with supplies Details
8Coronavirus pushes oil majors to biggest output cuts in 17 years Details
8Asian jet fuel, gasoil cracks dive to record lows Details
You can also click on Newsclips for more   Details
What is HPCL's strategy for the Motor Spirit Block and the Sulphur Recovery unit in its Barmer refinery project?
8Now that bid prices were found to be way higher than the reserve price set for these blocks, what is next?
8As orders for other blocks have already been placed, HPCL is under pressure to ensure that work on these blocks too get off the ground.
Click on Details for what kind of plan is now getting finalized. Details
ThyssenKrupp and Technip bagged two consultancy contracts for the Numaligarh refinery expansion.
8But who won the bigger deal?
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It is already known that CNG sales are down but how is auto LPG faring?
8Find out why auto LPG may have an edge over CNG
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One global company with big stakes in the LNG business has put together a COVID-19 plan for all of this year
8Business recovery is estimated only by Q-1, 2020
Click on Reports for more Details
8Why is the inverse relationship between higher crude price and tanker tariffs more acute now than ever before?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Static/ Earth discharge rod as per tender specification Details
8Availing Terminalling Services at Chennai Port/ Kamaraj Port Area for White Oil Details
8Supplementary tender for Transportation of Packed LPG Cylinders by Road Ex Purnea LPG Plant Details
815KVA Power Conditioning Unit for AP, Telangana & Karnataka States Details
8Supply of Floating oil skimmers for ETP unit Details
8Hiring of contract for material handling of stores and pipepeyards of KG Basin-Rajahmundry Details
8Capital overhauling of 12.5 MW Steam Turbine Generators at refinery Details
8Dismantling existing TT calibration Tower at Vashi terminal and shifting and installation of the same along with SS Vessels 70 KL Horizontal Tank associated pipeline job TT access platform and other miscellaneous allied works Details
8Supply, Installation and Commissioning of level switches Details
8Supply of Ammonia Anhydrous Cylinder at refinery Details
8Comprehensive annual maintenance contract for maintenance of various type air conditioners Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8RIL: What analysts say about Silver Lake deal, rights issue, new core biz Details
8Indian state retailers' April petrol sales down 61 per cent; diesel down 57 per cent Details
8India's fuel demand shows signs of recovery, improves in April H2 Details
8Petrol sales down 61 per cent, diesel 56.5 per cent in Apr; slight pick-up in 2nd half, more expected in May Details
870 per cent decline in oil, gas demand but India able to fill its strategic reserves of petroleum products: Pradhan Details
8Tamil Nadu:Drivers urge govt to bring fuel under GST ambit, defer EMI Details
8India stockpiles low-cost oil, fills 32 million tonnes of commercial storage Details
8Indian Oil's debt mountain will diminish with fuel demand pick-up: Executive Details
8Coronavirus pushes oil majors to biggest output cuts in 17 years Details
8RIL's $7 billion rights issue a credit positive: Moody’s Details
8We are at high risk of closure: Ajay Dixit, CEO, Cairn Oil and Gas Details
8Indian Oil Corporation plan to cut debt hinges on demand revival Details
8Petrol, diesel prices see big hike in Delhi today after increase in VAT Details
8Formosa delays CDU restart, to operate at 80 per cent of capacity in May Details
8Middle East Crude: Benchmarks rise as OPEC+ pact takes effect; Malaysia sets OSPs Details
8'Like watching a train wreck': The coronavirus effect on North Dakota shale oilfields Details
8OPINION: Time to decline? Asia's crude oil imports set to drop after record April: Russell Details
8Goldman Sachs says it remains bullish on oil prices in 2021 Details
8Saudi chemical giant SABIC posts another loss Details
8Crude oil futures fall on weak global cues Details
8Time to decline? Asia's crude oil imports set to drop after record April Details
8Crude oil prices fall on US-China tensions, weak factory data Details
8Construction to start of gas pipeline from Norway to Poland Details
8World's fourth-biggest petrochemicals company, SABIC posts Q1 loss, suspends most capex Details
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In the midst of the lockdown or perhaps because of it, ONGC has just put together a key reform in its procurement policy
8"It will change how ONGC works," a vendor told this website.
Click on Details for more Details
One of ONGC's key offices is under lockdown as one person was found to be COVID positive
8Disinfection work is still continuing
Click on Details for more. Details
ONGC has begun airlifting fresh crew since yesterday on to its offshore installations
8A very strict protocol has been evolved.
8Find out what kind of of SOPs have been evolved to ensure that its critical offshore platforms remain virus free Details
8The world's most efficient ammonia plant is in India now
Click on Details for more Details
8All gas buyers and suppliers are dusting up the force majeure clause in their agreements. Questions of force majeure are rarely straightforward, as the present pandemic will illustrate.
8In another unrelated issue, concerning compensation for boil-off compensation, there are questions to ponder
Click on Report for more. Details
Cairn India needs to keep its offshore blocks working in the midst of the lockdown
8It is now changing its operatng model in the blocks.
8In Ravva, it operates eight offshore platforms, along with SPM, a network of sub-sea pipelines and one onshore processing terminal with a capacity of 50,000 bopd of crude oil, 2.2 mmscmd of natural gas, 110,000 bwpd of injection water and 1.0 million barrels of crude oil storage in East Godavari District, Andhra Pradesh, India.
8In CB/OS-2, it operates three offshore platforms, sub-sea pipelines and an onshore processing terminal which processes around 20,000 bopd of crude oil, 4.3 mmscmd of natural gas in Suvali, Surat.
Click on Reports for more Details
On of the largest producers of LNG has the following to say:
8LNG prices completely decoupled from crude oil prices as a result of increased spot trading and short-term contracts, where the oil price linkage is minimal or non-existent.
8We believe the floor in LNG imports was achieved and we do not believe LNG demand to decrease further.
 Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supervisory services for complete inspection and overhauling of coke cutting system Details
8Contract for operation of Mobile oil Spill Recovery Unit or Gully Sucker at refinery Details
8Civil Works Related to Up-Gradation of Infrastructure, Reliability and Development in refinery Details
8Construction of HDPE line RCC facility for bio-remediation of Oily sludge at refinery Details
8Procurement of hot tapping cum Drilling Machine Hydraulic Power driven with option for manual operation Details
8Procurement of Electronic Pig Transmitter and Receiver Details
8RVI at Retail Outlets under South Central Zone Details
8Supply, Installation and Commissioning of HVAC Systems for HCPL Project Details
8Production and Supply of Compressed Bio Gas to Oil Marketing Companies across India Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8COVID-9: No petrol, ration in Goa to those not wearing masks Details
8Lockdown cuts petrol sales by 61 per cent, diesel by 56 per cent in April; LPG up 12 per cent Details
8Mukesh Ambani aims to turn Reliance into zero net debt firm by Dec, ahead of target Details
8Covid 19 impact: CGD firms concerned over Force Majeure, demand destruction and labour shortage Details
8India's oil imports, product exports slow down in March Details
8Non-subsidised cooking gas price cut by a record Rs 162.50 per cylinder Details
8India’s April oil demand expected to fall 50 per cent, 2020 oil demand to fall 7 per cent: WoodMac Details
84,000 free LPG refills distributed under Ujjwala scheme in J&K's Doda Details
8ONGC's offshore 'chingaris' soldier on for record 45 days Details
8Reliance to produce new gas from D6 by end June; to cost $2.2/unit at current oil prices Details
8State oil companies take the CP route to raise Rs 12,500 crore Details
8Private equity firm Silver Lake to invest Rs 5,655.75 crore in Reliance Industries arm Details
8Transition to low-carbon energy may accelerate after crisis: Shell Details
8Oman plans about 30 per cent cut in July crude allocations Details
8Exxon, Chevron slam brakes on shale as oil demand tumbles Details
8Goldman 'patiently bullish' on oil as fundamentals improve Details
8OPINION: Oil futures markets need more transparency: Kemp Details
8Get ready for hefty cut in fuel prices as lockdown curbs ease gradually Details
8Russian oil output jumped to 11.35 mln bpd in April, ahead of cuts Details
8Low global oil prices help govt to end subsidy on cooking gas Details
8Oil-hungry Asian nations pounce on low prices to build stockpiles Details
8Aviation fuel price cut 23 per cent, costs one-third of petrol, diesel Details
8Saudi must reduce expenditures to ease COVID-19 economic impact: Minister Details
8LNG tankers build up around virus-hit Europe as crisis abates in Asia Details
8HC denies interim intervention in plea over negative oil price Details
You can also click on Newsclips for more   Details
Is EIL getting overwhelmed by nimble footed competitors?
8The public sector engineering giant has vast resources at its disposal but is it running in the wrong direction?
Click on Details for more Details
HPCL's Rs 43,000 crore Barmer refinery seems to be running into serious viability issues
8A bid that was opened last week for a refinery units witnessed the L-1 price to be a whopping 50% above the reserve price
8"The cost economics of the project has gone haywire," an HPCL refinery official told this website
Click on Details for more Details
8There is  revolt brewing among small industrial gas buyers in India
 Click on Details to know more Details
COVID-19 will surely require the CGD licencees to be given relief
8The PNGRB will have to defer project implementation deadline but for how long?
Click on Details for more Details
GAIL has been trying every trick in the book to get more of its gas sold domestically
8There were at least a couple of cargoes of LNG which GAIL coaxed buyers to take instead of from other suppliers
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of LOTO Lock and Key Board for LOTO Implementation Details
8Supply of Flow Control Valve with Electro-Hydraulic Actuator Details
8Supply of Ethylene Storage Bullets for Polyols Petrochemicals Project Details
8Supply, Installation and Commissioning of Electrohydraulic Actuator for existing Flow Control Valves Details
8Creation of Experience Centre Details
8Supply of Solenoid Valves at refinery Details
8Supply of Mechanical Seals at refinery Details
8Supply of Centrifugal Pump for NG firing facility creation in GTs at Refinery Details
8EOI from CBG or CNG or LNG equipment manufacturers and suppliers Details
8Procurement of high selectivity catalyst for MEG unit Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India set to take a Rs 40,000 crore blow on account of oil revenue loss Details
8S&P affirms BBB+ rating of RIL on disciplined spending, resilient earnings Details
8Reliance cuts pay of executives in oil-and-gas division: sources Details
8RIL fourth quarter net profit declines 37 per cent to Rs 6,546 crore Details
8Low prices soothe India’s oil and gas import bill in 2019-2020 Details
8RIL-Aramco deal on track, due diligence by Saudi co continuing Details
8COVID-19 to cause record emissions fall in 2020: IEA Details
8Shell cuts dividend for first time since World War Two Details
8Global energy demand to fall 6 per cent in 2020, largest drop in 70 years: IEA Details
8Qatar Petroleum plans job and cost cuts amid market downturn: sources Details
8Oil sellers add new 'zero price' clause in contracts in Asia Details
8Special Report: Trump told Saudis: Cut oil supply or lose US military support: sources Details
8OPEC April oil output surges to 13-month high before new cut deal Details
8US could store another 'several hundred million' barrels of oil: Mnuchin Details
8US crude output rises in February, Texas production eases: EIA Details
8CCI okays RIL-BP joint venture in retail fuel business Details
You can also click on Newsclips for more   Details
At a current average Brent prices, the cost of factory-gate price of term US LNG, ferried in mostly by GAIL into India, is already at a very high level.
8Will the situation get better going ahead, in the later part of 2020 or even in 2021?
8Quite a few Indian buyers had entered into deals for US LNG when crude prices were high, so for them this arithmetic becomes very important
Click on Details for more Details
How long will low global LNG prices stay?
8Longer than just the current period, it seems.
8June JKM prices are pegged at $2/mmbtu, and the implied slope to Brent is 8.9%
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Cairn India sets tough terms for tenders after COVID-19
8Vendors reject them
Find out more Details
Depending upon geography, there is a difference in how individual CGD entities are taking the brunt of the COVID-19 epidemic.
8Across the board, CNG offtake has taken a huge hit
8It is in the industrial and commercial segments where it is playing out differently for some entities
Click on Details for more. Details