The fact that LNG prices went so high that Indian LNG terminals had to go empty shows that the market is inflexible. 8A lot more work needs to be done before everything comes back to normal. Click on Reports for more.
Bumi Armada partnered with Afcons to win the controversial KG-DWN-98/2 FPSO on a single tender basis. 8Many believed ONGC paid too high a price 8ONGC has not struck another deal with the company. Click on Reports for more.
For reference purposes the website carries here the following tenders: 8Supply, Installation and Commissioning of SDWAN Devices and infrastructure as per specifications Details 8Supply of 182 kg open top Grease DrumsDetails 8Supply of 1200 SCMH Motor Driven Compressor Details 8Dealership of Dealer owned Dealer Operated (DODO) CNG station in the geographical area of Sonipat Details 8Supply of Skimming Catalyst Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Green tax to be imposed on vehicles over 8 years in bid to clean environment Details 8Cairn Energy threatens to enforce arbitration award against Indian assets overseasDetails 8Hike petrol price to Rs 100/litre on Republic Day, youth Congress to PM Details 8Fuel on fire: Petrol price crosses Rs 100 in Rajasthan Details 8Anil Agarwal raised $10 billion to hunt for govt assets Details 8New LNG projects will start going ahead, but green credentials to be closely watched - execs Details 8Petrol crosses Rs 86 mark in Delhi, diesel above Rs 83 in Mumbai Details 8Steepest 35-paise hike in petrol, diesel prices on Republic Day Details 8India seen as fastest growing economy in FY22, Oil prices to rise: IMF Details 8Oil and Gas sector emerges as largest contributor to profit pool: Report Details 8GAIL plans to launch pipeline InvIT before company's split Details 8Fuel prices in Andhra top southern states Details 8Flaming petrol prices to fuel CNG vehicles adoption: Report Details 8West Bengal: GEECL seeks nod for shale gas explorationDetails 8IOC raises Rs 1,290 cr in debt Details 8Reliance Industries spins off oil-to-chemical business unit Details 8SAIL planning to set up India's first gas-to-ethanol plant in ChandrapurDetails 8ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn award Details 8Oil rises as U.S. oil stockpiles drop, new Chinese COVID-19 cases decline Details 8Global gas demand likely to grow by 2.8 per cent this year: IEA Details You can also click on Newsclips for moreDetails
Is there a conflict of interest in clients -- such as Adani Gas or Torrent -- in picking up an equity stake in IGX? 8Are the PNGRB guidelines watertight to separate client-IGX relationships? Click on Details for more.
This is a 7-year old indigenous engineering company. 8And it is already making a mark globally. It is growing at 250% a year. 8This proves that there is still a lot of scope to build first-rate engineering companies in India, and leverage this across the world Click on Reports for more
Tata Consultancy Services believes that the EPC industry can gain a lot from its inputs 8There is a vast scope for bringing in more efficiency, according to this IT major Click on Reports for more.
Tiles are the building block of an economy. 8And we track the industry because it is energy-intensive and a big chunk of it has now turned to gas to meet its high energy requirement. 8What has been noticed in the industry is this startling turnaround after the lockdown. 8And demand seems to be coming in from smaller cities and towns instead of the metropolitan areas. 8And this year seems to look extremely bright Click on Reports for more.
With oil prices moving up, Cairn India is pushing ahead with exploration in new blocks. 8Expect a lot of E&P business on this front, on seismic surveys and then exploration wells Click on Reports for more
For reference purposes the website carries here the following tenders: 8Tender for service for drilling rig Details 8Tender for procurement of 100000 mt petrochemical grade naphth Details 8Tender for epc works for dhamra haldia natural gas pipeline project Details 8Tender for procurements of sundyne llc make pump spares Details 8Tender for mechanical piping works of provision of oil catch pit / oil water sewage (ows) in the tank farm area Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Big Oil hits brakes on search for new fossil fuels Details 8Oil keeps falling on fears over global fuel demand due to new Covid-19 lockdowns Details 8Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects Details 8Rahul Gandhi slams Centre over high fuel prices Details 8Reliance’s Q3 numbers fall short as investors ?await fresh triggers Details 8Electric vehicles to dominate in India by 2030, Mahindra says Details 8Biden Administration appoints Indian-Americans to key posts in Energy Dept Details 8BP's oil exploration team swept aside in climate revolution Details 8West Bengal: GEECL seeks nod for shale gas exploration Details 8SAIL planning to set up India's first gas-to-ethanol plant in Chandrapur Details 8UP to buy agricultural waste to hike farmer income, cut pollution Details 8Nord Stream 2 says pipe-laying vessel has started works in Danish waters Details 8Reliance Industries spins off oil-to-chemical business unit Details 8Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects Details 8Big Oil hits brakes on search for new fossil fuel resources: data Details You can also click on NewsclipsDetails
A modified Rangarajan Committee gas pricing formula that serves as floor price? 8This seems to be a budget expectation. Find out more on what the other expectations are covering other segments of the oil & gas industry.
8If you are a city gas distribution company and keen on setting up a quick CNG station, what kind of specifications should you be looking at? 8Also, the station will have to come coupled with a virtual gas supply network.Details
It is already known that Eastern Offshore acreages have treacherous geology. 8It was found to be true in both in ONGC's KG-DWN-98/2 as well as in RIL's D-6 bocks. 8But "reservoir trouble" is brewing up in yet another block, it seems.
For reference purposes the website carries here the following tenders: 8Construction of new Retail Outlets Details 8End to End Fuel Management Systems and automation solutions with Command & Control Centre through REST API Protocol for both Read & WriteDetails 8Procurement of Fastener for use at Konkan LNG Limited Details 8Procurement of Radiant Outlet Crossover Assemblies for Gas Cracking Furnaces Details 8Public Awareness Program at villages along Pipeline ROU under Hazira Jurisdiction Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian Oil Corporation seeks to build pipeline up to Jewar airport to supply aviation turbine fuel Details 8Maharashtra : Petrol price rise hurts people’s spending Details 8India's Dec crude oil throughput picks up as fuel demand accelerates Details 8OPINION: Can Biden transform the U.S. energy system? John Kemp Details 8Mahrashtra: Petrol price in Parbhani at Rs 94.16/l highest in state on Wednesday Details 8Japan's petroleum industry calls on utilities to keep using oil-fired power plants Details 8India expects participation of global oil majors in BPCL bidding: Oil minister Dharmendra PradhanDetails 8Iraq cuts crude oil supplies for most Indian refiners in 2021 Details 8Norway plans to award Arctic oil drilling permits in Q2, minister says Details 8Germany's Merkel to discuss Russia pipeline project with US Details 8EU lawmakers call for halt to Nord Stream 2 after Navalny arrest Details 8Oil drops as new COVID cases in China trigger clampdowns Details 8Saudi Aramco omits some carbon data in disclosures to investors Details 8China's Sinopec raises oil output at Shunbei field 30 per cent in 2020 Details 8Biden plans temporary halt of oil activity in Arctic refuge Details 8Trump's EPA granted Sinclair Oil last-minute biofuel waivers Details 8OMCs keep petrol, diesel price rise under check on Thursday Details You can also click on Newsclips for moreDetails
Crude vessels are on wait at BPCL's Mumbai refinery, perhaps pointing towards a slowdown in processing at its Mumbai refinery. 8Unless there is a vessel line-up mismatch Click on Reports for more.
>LNG imports have slowed down quite a bit and some of the terminals are now working at zero or much lower capacity. 8This signals a large dependency of the Indian market on floating spot cargoes. 8While a healthy spot content in the overall market is good for the market depth, it remains a moot point however whether the Indian market, with all its market imperfections and monopoly players and in the absence of enabling regulations is suitable at all for this kind of volatility. Click on Reports for more.
8Project Name: West Tripura District City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description:Tripura Natural Gas Company Ltd, JV of GAIL, Govt of Tripura and Govt of Assam has been granted permission on September 28, 2018, to set up a CGD network in West Tripura (except area already authorized) district of Tripura. Click here for more details.Details
8Project Name: Gomati District City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description:Tripura Natural Gas Company Ltd, a JV of GAIL and the state governments of Assam and Tripura has been granted permission on September 28, 2018, to set up a CGD network in Gomati district of Tripura. The entity won the project under the 9th CGD bidding round. Click here for more details.Details
Project Name: Hindustan LNG Limited LNG, LPG import facilities 8Project Cost: 2800 crores 8Project Description: This company is planning to install an LNG, LPG import facility with captive jetty and breakwaters at T. Challapalli village in East Godavari District, Andhara Pradesh. 8But COVID had come in the way 8Get a full update here, including key contacts Click here for more details.Details
There are all kinds of oil & gas associations now 8Here is one for the gas industry 8It is lobbying for a "Gas Act"! 8But given that the industry is heavily divided, it remains to be seen how effective this one is going to be Click on Reports for more.
For reference purposes the website carries here the following tenders: 8Detailed Route Survey for Vizag Raipur Pipeline Project Details 8Supply of 1200 SCMH Electric Motor Driven Compressor PackageDetails 8Supply of cooling tower packages Details 8Supply of Oil Software Package for Corrosion Simulation Details 8Procurement of Gas Chromatographs Details 8Designing and Printing of GSPC Annual Financial Report 2019-20 Details 8Crude Oil Tankers on call out/ firm basis for Ankleshwar Block Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8North corporation, IOC ink pact for integrated WTE facility Details 8Crude oil production falls 3.6 per cent, natural gas shrinks 7.1 per cent in December Details 8Cairn says engaged with Indian govt on adherence to arbitration awardDetails 8Cairn Energy to spend $85 million in 2021, ends 2020 with $570 million cash Details 8India unlikely to use US facilities to store oil reserves Details 8Brazil's Ultrapar leads negotiation for Petrobras' refinery Refap -filing Details 8US EPA to release update on biofuel blending waivers Details 8Biden revokes KXL permit in blow to Canada's oil sector, Ottawa disappointed Details 8Oil slips on surprise rise in U.S. crude stocks Details 8Venezuela completes first tranche of oil transfer from offshore facility -sources Details 8Colombia's Ecopetrol says oil theft from pipelines rose 46% last year Details 8Oil price slips on surprise rise in U.S. crude stocks Details 8Investors buy $2 bln in Gazprom Eurobond, shrugging off Nord Stream 2 sanctions Details 8Price dispute shrinks Russia oil pipeline exports Details You can also click on Newsclips for moreDetails
As the economy recovers, chemical imports are going up. 8The highest recorded volumes since the lockdown is up ahead. 8We are tracking around 1.12 million tonnes of imports Click on Reports for more.Details
The Sikka crude terminal is the busiest in India And vessels come in not just for RIL but also for Bharat Oman Refineries Ltd Shipments are currently coming in from: 8Freeport 8Zirku Island 8Banyu Urip Marine Terminal 8Novorossiysk 8Marsa Bashayer 8Cayo Arcas Terminal 8Ras Gharib Click on Reports for moreDetails
We had earlier projected two LNG cargo arrivals at Shell Hazira in February. 8Our as of yesterday data shows that only one cargo arrival is scheduled between now and February, and that is on February 23. 8Currently we can see cargoes coming into other ports from Ras Laffan, Lake Charles, Bonny, Soyo, Das Island, and Cameroon. 8Bulk of the shipments are from Ras Laffan Click on Reports for moreDetails
8Project Name:Shivpuri District City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description:Think Gas Investments Pte. Limited, in consortium with Think Gas Distribution Private Limited, had been granted permission on March 29, 2019, to set up a CGD network in Shivpuri district of Madhya Pradesh. The entity won the project under the 10th CGD bidding round. Think Gas then requested transfer of authorization to Think Gas Bhopal Pvt Ltd, wholly-owned subsidiary of Think Gas Distribution Private Limited, which was granted on June 11, 2019. The CGD network will have a coverage area of 10066 sq. km. For an overall timeframe of 8 years, Think Gas is expected to install 11 CNG stations, 27299 piped natural gas connections and lay 60 inch-km of steel pipe. Gas is expected to be drawn from GAIL's Dahej- Vijaipur- Dadri Natural Gas Pipeline through Kulwara- Shivpuri spurline. The whole project is being executed in a phase-wise manner for which separate tenders will be floated in months to come. The contracts will be awarded or extended depending on the performance of the contractor. The project will require line pipes; carbon steel pipes; polyethylene pipes; galvanized iron pipes; copper tubes; piping system components such as pipeline valves, stud bolts, and nuts; pressure relief valves, slam-shut valves, steel gate, globe, and check valves; metal ball valves; steel pipeline flanges; steel line blanks; gaskets; copper fittings; pressure safety equipment such as regulators, slam shut valves and creep relief valves; filters; metering equipment such as pressure gauges, gas meters, orifice meters; odorizing units; compressors; pumps; etc 8Project Event:RFQs for valves, gaskets, dispensers, compressors, and odorizing units are expected in Quarter 1, 2021 RFQs for equipment for CNG stations and auxiliaries are expected later in Q1 2021.PNGRB has given an extension period of 129 days to Think Gas Begusarai Pvt Ltd for achieving their MWP targets due to the COVID 19 pandemic. Click here for more details.Details
Project Name: Polyol Project at Kochi Refinery 8Project Cost: 8967 crores 8Project Description: Bharat Petroleum Corporation Limited (BPCL) along with PMC contractor Fluor Daniel India Private Limited is setting up a polyol; propylene glycol; mono ethylene glycol petrochemical complex at the Kochi refinery. 8What is the latest update Click here for more details.Details
Project Name: Hope Town Greenfield Power Plant Project 8Cost is Rs 500 crore 8NTPC Vidyut Vyapar Nigam Limited (NVVN) Ltd. a wholly-owned subsidiary of NTPC is planning to install a gas-based power plant of 55 MW at Hope Town, Port Blair, Andaman, and the Nicobar Islands. NTPC in house team is acting as the PMC contractor. Pre-Feasibility Report (PFR) was prepared by NTPC Vidyut Vyapar Nigam Limited (NVVN). Vimta Labs Limited was appointed as the EIA Consultant. 8Find out what is the current status 8RFQ for the EPC contractor is expected by May-2021. Click here for more detailsDetails
High spot prices have dried up LNG supplies to India. 8A comparison of our daily data from two months ago with that of the import sheet as of yesterday will show that LNG imports have gone down dramatically. 8Exactly two months ago, on November 20, 2020, LNG imports that we had documented come to 2411832 cubic metres 8As on January 19, 2021, the total volume that we could document was just 1689523 cubic metres 8As on 21 November, 2020, there were 595095 cubic metres of gas meant to come in at Hazira while Dahej was meant to process 1527237 cubic metres of gas 8As of yesterday, 290000 cubic metres is documented to come in at Hazira and 953793 cubic metres at Dahej 8Also, the Hazira data as of yesterday is misleading, as these shipments are meant to come in only in February now, as for this entire month, there are no shipments coming in at Hazira. Two major clients, ArcelorMittal and RIL are both not bringing any cargoes. RIL is using its ethane cargoes and liquid fuels while AcerlorMittal is being supplied gas from RIL's new gas from the KG Basin. 8But clearly, the point to note is that India Inc is adjusting to low LNG supply by going through the time tested way of switching to alternate fuels, like naptha or fuel oil or syn gas. 8India's gas demand can see big increases only if the price is low, in the range of $6-7/mmbtu whereas the price appetite is much higher in countries such as China or in Korea or Japan. India's demand for gas is highly price elastic. 8The projection is that these high, winter demand-driven prices are going to settle down, and hopefully the termianls will start importing normal volumes of LNG 8But the lesson for Indian businesses is that you cannot depend on gas entirely, and that you need to have dual feed systems, so that when push comes to shove, you can move easily to alternate fuels. Click on Reports for more.
In an informal briefing, GAIL has claimed that high LNG prices are a result of mostly paper transactions between a few big LNG traders. 8GAIL also said that it is willing to sell LNG at a far lower price than the benchmark JKM spot prices. 8This assertion by Indian largest gas trader seems to cast doubt on the viability of JKM as a benchmark for gas prices for India. Click on Details for more.
India's dependence on LNG demand is high now 8Overall, we are 64% dependent on LNG 8Power is 40%, fertilizers 73% 8Refineries is as high as 88% 8Petrochemicals is a whopping 95% Find out how high gas prices are having an impact Click on Reports for more.
While high spot LNG prices have dried up LNG cargoes into India, these prices are unlikely to last beyond a point. 8Also, Indian companies have learned a lesson: that while spot LNG can be a viable way of plugging a gap in supply, sticking to long term contracts, whether Henry Hub based or Brent-based is the best way out. 8Sticking to good old GAIL will make more sense than to go with newer players. The fertilizer industry, for example, will always pitch for GAIL even if a competitor is providing gas at a lower rate. "Whenever there is an unscheduled shutdown, we have found GAIL adjusting the volumes elsewhere instead of imposing take-or-pay penalties. This is something a new supplier cannot afford to provide," a source in Iffco, the country's largest fertilizer company told this website. "Look at the situation now, GAIL continues to provide gas while others have run for cover," he added. 8As for the power sector, even in normal times, the survival of gas-based power plants was a problem, but with LNG prices sky-high, even those with captive distribution systems such as Torrent are balking at buying gas. In the merit order system, it is near-impossible to find any demand for gas-based power. 8What should be the proportion of spot vs. term? Well, that depends on the risk-taking capacity of the buyer. But the lesson here is not to be swayed by low spot LNG prices to take long term decisions. Just a few months ago, when spot prices were really low, many buyers of US HH-based term gas, were trying to re-read their GSAs to find loopholes to get out of them. They should be thankful now that they have these deals in place. Click on Details for more.
Ammonia-Urea Brownfield Project 8Cost - Rs 4933 crore 8Project Event: The project has elicited cabinet approval. Still, discussions are ongoing for the finalization of plant size and equity share between JV partners, and this is likely to be finalized in March 2021 Ammonium Sulphate Expansion Project 8Cost - Rs 9 crore 8Project Event: The evaluation is still ongoing, the proposal for the environmental clearance is likely to be granted in February 2021. RFQ for the EPC contractor is likely to be released in April 2021 Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8Providing service for Drilling Rigs Details 8Steam Trap Management and Optimization of Steam Trap System installed at C2C3 Recovery PlantDetails 8Hiring of services for Pipeline ROU Surveillance Details 8Empanelment of Domestic Law Firm Category B Details 8Supply, Installation and Commissioning of Terrace Fire Water Pumps Details 8Procurement of 220 MT Sulfuric Acid Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol crosses Rs 85 mark for first time in Delhi, nears Rs 92 in Mumbai; diesel nears record Details 8NGT directs committee to submit report on ammonia gas leak at IFFCO plant in UP Details 8India blames Saudi oil output cut for surge in oil prices Details 8Shell India starts LNG truck-loading unit at Hazira Details 8Norway awards oil and gas exploration rights to 30 firms Details 8Hike in fuel prices due to lower production amid COVID-19, says Dharmendra PradhanDetails 8India's oil imports at near three-year high in December - trade Details 8Tax weighs heavy on fuel prices in Kolkata Details 8Pune: No let-up in increase in petrol price Details 8Saudi Arabia beats Russia in tight race for China oil supply, U.S. imports soar Details 8Rising fuel prices boost Karnataka coffers by Rs 2,000 croreDetails 8Resurgence in COVID-19 cases slows oil demand rebound - IEA Details 8Crude oil futures rise on spot demand Details 8Gazprom plans 8-yr Eurobonds denominated in U.S. dollars, IFR says Details 8OPEC 'cautiously optimistic' oil market will recover in 2021 Details 8COLUMN-Oil price forecasts fall in the wake of the pandemic: Kemp Details 8U.S. imposes sanctions on Russian vessel involved with Nord Stream 2 pipeline Details You can also click on Newsclips for moreDetails
Tata Projects had bagged two sets of projects of consequence in the oil & gas downstream industry. 8In one, it has failed. 8In the other, it is lucky to have a solid manager which will beat it into shape. 8Eventually, quite by default, the company has learned how to survive in this business segment.
As LNG prices rise, did PLL make a mistake by not signing up for the Tellurian project? 8LNG prices are highly volatile, and the US project would look very attractive on paper now. 8Meanwhile, Tellurian says it is going ahead with the construction of the Driftwood LNG project. Click on Reports for more.
As of yesterday evening data shows that the next LNG cargoes at Shell's 5 MMTPA Hazira terminal are slated for delivery only in February. 8One cargo is coming on the 8th, and the other on the 23rd. 8Till then the data is blank, but we will keep you updated on this on a daily basis. 8Dahej on the other hand has a large lineup 8In Ennore, IOCL is getting in a cargo but only in February from Cameroon liquefaction terminal. Click on Reports for more.
IOCL sources its crude cargoes for Paradip refinery from across the world. Our forward-looking crude tracker shows that crude being delivered to the refinery consists of the following places 8Agbami 8Zirku Island 8Labuan terminal 8Ras Tanura 8Jebel Dhanna 8Aegina 8Turkey 8Basrah Click on Reports for more.
RIL's import line-up ahead (as of today) is: 818000 tonnes of orthoxylene/benzene 818000 tonnes of paraxylene 818000 tonnes of paraxylene/orthoxylene/benzene 8Another 12000 tonnes of paraxylene 835000 tonnes of ethane 811000 tonnes of ethylene Click on Reports for more.
For reference purposes the website carries here the following tenders: 8Procurement of Cab Catalyst Details 8Procurement of Ball ValvesDetails 8Procurement of 500 MT Pentane Details 8Procurement of Transformer Oil Details 8EPC works for Dhamra Haldia Natural Gas Pipeline Project Details 8Procurement of Tyre, Tube, O-ring, Flap for Crane, Hydra, Forklift Details 8Procurement of Hydraulic Torque Wrenches Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices scale new highs after 25 paise per litre hike Details 8Low production due to COVID-19 raising fuel prices: Dharmendra PradhanDetails 8Petrol price rises to all-time high of Rs 91.56 per liter in Mumbai Details 8IEA says oil, gas methane emissions down 10 per cent in 2020 as output fell Details 8Biden may cancel Keystone XL pipeline permit as soon as his first day in office -source Details 8Algeria's oil and gas exports and output down around 10% in 2020 Details 8Crude oil futures decline on low demand Details 8China drew on crude oil inventories in December, unlikely to become a trend Details 8Oil companies, aid groups plan to press Biden to allow Venezuela fuel swaps Details 8Conserving oil, petroleum products is need of hour: Bihar Deputy CM Details 8Canada urges Biden not to cancel oil pipeline Keystone XL on first day Details 8Brent crude edges up as optimism over economy trumps demand concerns Details You can also click on Newsclips for moreDetails
Ammonia and Captive Power Unit Greenfield Project 8Cost - Rs 1920 crore 8Project Event: The project has elicited the terms of references, the final EIA report preparation is likely to be completed in, March 2021. The proposal for the environmental clearance is likely to be submitted in April 2021. RFO for the EPC contractor is likely to be released in Q2 2021 Ammonia-Urea Energy Saving Project 8Cost - Rs 200 crore 8Project Event: 99.8 % Erection and installation of mechanical equipment have been completed. The pre-commissioning is ongoing, the commissioning is likely to be completed in February 2021. Click on Details for more.Details
The Bina refinery 2G Ethanol bio-refinery has run into quite a bit of trouble. 8Some environment ministry queries remained unanswered, so the project was delisted 8Then again, COVID-19 and BPCL privatization caused further delays Click here for more detailsDetails
8The imminent transition of 11 of the 12 ports owned by the Central government from running as ‘trusts’ into ‘authorities’ will clear the decks for the biggest privatisation of cargo handling terminals. Click on Reports for more.Details
For reference purposes the website carries here the following tenders: 8EOI for provision of Comprehensive Operation and Maintenance of Gas Processing Terminal Details 8Appointment of Petrochemical reseller for I&CDetails 8Operatorship of Consumer Pumps Details 8Transportation of packed Bitumen Ex Guwahati Details 8Expression of Interest for engaging in the trade of HSD Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel price rise pause after consecutive days of increase Details 8GAIL announces Rs 1,046.35 cr share buyback Details 8Rajasthan: Congress protests against Centre’s farm laws & rising fuel prices Details 8Arun Kumar Singh takes over as Chairman of IGL Details 8EESL to implement 'Energy Efficient PNG Cook Stove' programme across India Details 8Conserve petroleum products for sustainable development: Rajasthan Governor Details 8ATF price up 3%; petrol, diesel unchanged after hitting new highs Details 8India’s fuel demand falters in the first fortnight of January 2021 Details 8ONGC's plan to merge MRPL with HPCL may have to wait till FY24Details 8Delhi govt aims to reduce 5 million tonne carbon emissions Details 8Oil drops 1 per cent as rising coronavirus cases end supply-led rally Details 8Excise duty collection surges 48 per cent in FY21 on high fuel levies Details 8Farmers' stir: Fuel pump stations suffer losses at Singhu border Details 8Petrol, LPG sales in state jump to pre-Covid levels, diesel sees slight gap Details 8Amit Shah launches farmer-friendly projects in Karnataka, emphasises on use of ethanol Details 8IEA says oil, gas methane emissions down 10 per cent in 2020 as output fell Details 8Biden may cancel Keystone XL pipeline permit as soon as his first day in office -source Details 8Algeria's oil and gas exports and output down around 10% in 2020 Details 8Energean approves Israel gas field development Details 8Labour union warns of potential strike at Norway's onshore oil, gas facilities Details 8France's Total quits top U.S. oil and gas lobby in climate split Details 8Iraq oil minister sees oil at $60 a barrel in second quarter Details You can also click on Newsclips for moreDetails
Granular Single Super Phosphate Greenfield Project 8Cost - Rs 148 crore 8Project Event: The project is still in the initial phase, and the proposal for the environmental clearance has been accepted and the review is ongoing, It is likely to be granted in Feb 2021. RFQ for the EPC contractor is likely to be release in March 2021.Details
Ammonia-Urea Revamp Project 8Cost - Rs 6000 crore 8Project Event: 99.80 % of the construction work has been completed, and the railway siding has been completed. Pre-commissioning is still ongoing, The commissioning is likely to be completed in February 2021. the schedule of commissioning was 31 March 2020. but due sudden lockdown of the country, authorities stopped all the pre-commissioning activities following the declaration of the holiday for employees, including outsourcing staff. The pre-commissioning works such as target plate flushing for turbine lines, Co2 section commissioning activities, and urea plant water flushing were stalled following the lockdown.Details
Promoters of this particular bio-refinery is still wanting to go ahead. But work has got delayed as was the case with other 2G refineries 8Project Cost: 838 crores 8Project Description: The owner along with PMC contractor Engineers India Limited (EIL) is planning to construct an ethanol plant to produce 60 KL fuel-grade ethanol per day, primarily from biomass, and will use approximately 1.5 Lakh tons of biomass per year at Davanagere, Karnataka. PFR report was prepared by Engineers India Limited (EIL). EIA report was prepared by ABC Techno Labs India Pvt. Ltd. but the Environment Clearance (EC) has not been elicited yet. 8Event:RFQ for licensor is expected in March-2021. Click here for more details.Details
The latest data sheet we have is as of end of last week and that data shows Shell's Hazira terminal, otherwise busy around this time of the year, as hshowing no processing of any cargo. 8It is indeed a sad testimony to the multinational driven private sector business model for LNG in India. With volumes from entities, like RIL drying up because of high prices, the terminal is left with no cargoes to handle. 8The public sector bears the load. "We have not missed out on a single cargo meant for our customers in India," a GAIL official told this website. 8Dabhol therefore has the usual GAIL cargoes coming in 8In Mundra, we could track a GSPC cargo from Bonny scheduled for January 25. Click on Reports for more.
A total of 6.71 million tonnes of crude imports are getting tracked 8No major vessel waiting episode has been noticed in any of the crude terminals in India. 8This points to higher utilization of vessels and perhaps to minimal unscheduled maintenance as of now in Indian refineries Click on Reports for more.
For reference purposes the website carries here the following tenders: 8Carrying Composite Works at Thimmapur for HCPL Project Details 8VHF System at BPPL ProjectDetails 8CAMC of Air compressors and Air Dryers at locations under North Zone Details 8Process Condensate Treatment Plant for 2G Ethanol Project Details 8Milling System for 2G Ethanol Project Details 8Providing Strapping Solution Services for Packed Lube products in Closed Containerized & Open/ Full Body vehicles at our Lube plants Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8MNGL to launch mobile CNG refuelling pumps in Maharashtra: Official Details 8Nod to independent operators of gas pipelines soon: Petroleum SecyDetails 8Govt notifies modified scheme on ethanol production Details 8Mumbai: Petrol 2 paise shy of all-time high, diesel at highest ever Details 8Fuel prices flare up but no tax cut signs Details 8Azerbaijan set to boost gas exports via TANAP pipeline in 2021 Details 8Rahul seeks public support for campaign in favour of farmers, against fuel prices Details 8Indonesia's Pertamina conducts trials on 100 per cent palm oil biodiesel and jet fuel Details 8CVR Energy says not interested in buying Delek, proposes to replace board nominees Details 8Crude oil futures rise on spot demand Details 8Venezuela proposes deals allowing private companies to operate oil fields Details 8Abu Dhabi Investment Office opens eight global offices to attract investors Details 8UK power utility Centrica expects 2020 net debt down 10 per cent Details 8Possible gas leak caused death of 4 workers at Rourkela Steel plant Details 8Ukraine minister says IMF concerned by plan to regulate gas prices Details 8Rosneft seeks to tempt trading houses into Arctic oil project with supply deals Details You can also click on Newsclips for moreDetails
Now that oil prices are moving up, OIL India Ltd is showing some activity on long-pending projects. 8One is a Rs 3500 crore, where the website noticed some movement. Click here for more details 8The other is a Rs 2000 crore project. Click here for more details. (We are revising some of the contact telephone numbers in these projects as personnel have changed since our last update)Details
Power of work centres in ONGC to process tenders is now being significnatly diluted 8New systems are being put in place where the entire processing will be done remotely by unconnected people Click on Reports for more.Details
Shell's Hazira LNG terminal has suddenly gone dry. 8Only one vessel, booked by ArcelorMittal for its steel mill is currently unloading its cargo. There is to be a list of about five or six cargoes lined up, all of them are gone now, as per our data 8GAIL is bringing in its long term cargoes 8All spot cargoes because of extremely high prices have dried up, leaving a big question mark over how India is going to cope with its gas demand ahead. More than 50% of India's gas demand is catered to by LNG. 8A shortage is likely as a whole lot of buyers were dependent on spot cargoes. Get the latest vessel line up here, click on Reports for more.
Now that prices are going up, the Daman Upside development is back in focus. 8It is a big project and well-placed ONGC sources said that the crude oil price at which the viability of this gas field was established was at $53/bbl +-20%. 8The offshore infrastructure is expected to centre on a new process platform, B-12, that will be bridge-linked to the existing B-12-11 wellhead platform.The project also envisages at least four new wellhead platforms — B-12-18-PA, B-12-18-PB, B-12-2-P and B-12-24-P. Several segments of subsea pipelines are also expected to be included in the project, with one source indicating that up to 150 kilometres of offshore lines could be involved. In the meanwhile, the existing Daman development involves the exploitation of the B-12 and C-24 marginal gas fields, off the country’s west coast.Details
For reference purposes the website carries here the following tenders: 8Supply of PPCP Pails to Lube Oil Blending Plants Details 8NHAI Road Cutting and Bypass Road Arrangement in Alibag-Pen Road for attending casing removal job of 26 inch TUPL and 20 inch UTPLDetails 8High Stability Calibration Gases Details 8Internal painting of Quarters in Township at Bharuch Details 8Contract for Civil Structural Architectural Works for Construction of Clean Agent Systems Building Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Third of oil and gas workers faced pay cut in 2020 due to pandemic, survey shows Details 8Special infrastructure development fee on petrol, diesel, property purchase in Punjab Details 8OPEC crude output cuts should help U.S. shale profits in 2021 Details 8China's Bohai Bay energy terminals on alert as sea ice slows ships Details 8DBO Energy takes pole position in Petrobras deepwater sale, sources say Details 8LNG shipping rates from U.S. surge to record highs on Asia buying boom Details 8Natural gas price headed towards $3/MMBTU in a monthDetails 8Hike in petrol, diesel rates after global oil price jump Details 8Mumbai: Petrol price crosses Rs 91 mark, diesel costliest ever Details 8U.S. tells European companies they face sanctions risk on Nord Stream 2 pipeline Details 8Mexico may raise farm concerns if energy dispute bites, minister saysDetails 8Britain's GMB union announces second 5 day strike at Centrica's British gas Details 8Global natural gas production down 3.6 per cent in 2020 -Rystad Energy Details 8Sweden's Swedbank Robur joins growing investor oil and gas exodus Details 8Trump administration expected to grant biofuel waivers for some oil refiners Details 8Oil prices extend gains after U.S. inventory drop Details 8Saudi Aramco cuts Feb crude supply to some Asian refiners - sources Details You can also click on Newsclips for moreDetails
Sulphuric Acid and Captive Power Unit Expansion Project 8Cost - Rs 300 crore 8Project Event: The project is still awaiting environmental clearance, and the review is ongoing, the project is likely to elicit environment clearance at the end of February 2020, RFQ for the PMC contractor is likely to be released in March 2021 whereas earlier it was expected earlier. Ammonium Nitrate and Nitric Acid Greenfield Project 8Cost - Rs 1375 crore 8Project Event: The project is still awaiting environmental clearance, clearance It is likely to be elicited in Q1 2021. RFQ for the PMC contractor is likely to be released in Q1 2021.Details
8Project Name:Vadodara District City Gas Distribution 8Project Cost: Rs 200 crore 8Project Description:Vadodara Gas Limited, has been granted permission on October 2, 2016, to set up a CGD network in Vadodara district district of Gujarat. The entity won the project under the 6th CGD bidding round. The CGD network has a coverage area of 6950 sq. km. For an overall timeframe of 8 years, VGL is expected to provide 369182 piped natural gas connections and lay 348.58 inch-km of steel pipeline. The first phase of the project has been implemented and the second phase is under progress. RFQs are up ahead. Click here for more detailsDetails
The global gas market is in a complete tizzy 8A January 2021 cargo was sold by Exxon at ~$35/MMBtu or >$200 boe. This is an unheard-of rate 8Then again, on January 11, 2021, an al time high JKM price of $28.2/MMBtu was established. 8Japanese power prices are at $400/MMbtu, a scale never seen before. 8The arbitrage opportunities between Henry Hub and Asian prices is incredibly massive, and GAIL can make the biggest killing ever, except for the fact that most of its US cargoes are already fully tied up 8The US cargo value is a mere $10.8 million and by the time it reaches Asia the value goes up to a massive $112.8 million. 8A cargo can yield an arbitrage of an incredible $100 million. 10 cargoes and you make a billion dollars. This is unbelievable economics. 8PLL can very well take its oil price linked cargoes out of RasGas and sell it at JKM rate and make a whole lot more money than it can by processing that cargo through its Dahej terminal. This looks like a once in a lifetime opportunity. 8LNG cargo rates have hit the ceiling too. With that kind of arbitrage available, the spot cargo rate is close to 0.5 million a day. 8European storage levels have plummeted given the huge arbitrage available between European and Asian prices. Click on Reports for more.Details
Two good and inexpensive supply chain conferences are coming up, all virtual 8One is on how blockchain technology can help 8And the other is on using IOT for supply chain optimization Click on Reports for moreDetails
Customized Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project 8Cost - Rs 90 crore 8Project Event: The project is on hold due to the company's internal issues. It is likely to activate in Q1 2021. RFQ for the Contractor is likely to be released in Q1 2021 NPK-SSP & Sulphuric Acid Expansion Project 8Cost - Rs 15 crore 8Project Event: RFQ for a contractor is likely to be released after the environmental clearance. The public hearing has been completed but environmental clearance is due and valuation is ongoing, It is likely to be elicited at the end of Jan 2021 in place of December 2020. RFQ for the EPC contractor is likely to be released in February 2021.Details
India imports a wide variety of chemicals. 8From paraxylene to acetic acid to benzene to butadiene to methanol to sulphuric acid to hexane to base oil to caustic soda to styrene monomer to ethanol. Click on Reports for more on India's chemical matrix.
India centric crude tonnage we are currently tracking is at 6.5 million tonnes. 8The only port where vessel waiting is seen is at Paradip at the moment. 8Two vessels are on wait and our data is not showing unloading at the port at this moment. Click on Reports for more
For reference purposes the website carries here the following tenders: 8Procurement of Remote Operated Actuator for existing Ball Valve for Rokhia Terminal Details 8IRC for CP Maintenance for entire VSPL JurisdictionDetails 8Declaration based Storage Insurance Policy Details 8Supply of pipes and flanges Details 8Procurement of 100000 MT Petrochemical Grade Naphtha Details 8Miscellaneous Steel Structure Fabrication and related works at Compressor Station Details 8Hiring of Services Electrical Site Works for new Residential Quarters Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices hold even as crude remains strong Details 8Global natural gas production down 3.6 per cent in 2020 -Rystad Energy Details 8Third of oil and gas workers faced pay cut in 2020 due to pandemic, survey showsDetails 8Special infrastructure development fee on petrol, diesel, property purchase in Punjab Details 8OPEC crude output cuts should help U.S. shale profits in 2021 Details 8China's Bohai Bay energy terminals on alert as sea ice slows ships Details 8DBO Energy takes pole position in Petrobras deepwater sale, sources say Details 8LNG shipping rates from U.S. surge to record highs on Asia buying boom Details 8Crude oil futures rise on spot demand Details 8Trump administration expected to grant biofuel waivers for some oil refiners Details 8Oil prices extend gains after U.S. inventory drop Details You can also click on Newsclips for moreDetails
The line-up of LNG vessels coming into India suddenly looks far shorter than before. 8Why is that so? 8It is quite possible that spot cargoes have completely dried up, now that spot rates are at $20/mmbtu. 8And only term cargoes, at crude linked or Henry Hub linked pricing, are coming in. 8According to studies made, Indian appetite for absorbing incremental gas at large enough volumes is at a price range of around $6-7/mmbtu, beyond that point, its appetite wanes. 8At $20/mmbtu JKM price, there will be zero buyers for gas. Click on Reports for more.
This is a Rs 31000 crore capacity addition and petrochemical addition project 8Get the full details of the configuration here 8PFR report was prepared by in-house team and on the basis of which TOR was granted. Engineers India Limited (EIL) has been selected as the EIA consultant but due to COVID-19, there is no such progress in preparing the EIA report which also resulted in a delay for the project. The capital approval is still not still not granted by the board and it will be expected by Q2:2021. RFQs for the PMC is expected after the grant of capital approval. Click here for more details.Details
DAP Greenfield Project 8Cost - Rs 200 crore 8Project Event: The proposal for the term of references has been accepted and studies are still ongoing, and the proposal for the environmental clearance is likely to be submitted in February 2021. The company has applied for a loan, RFQ for the EPC contractor is likely to be released in March 2021. Sulphuric Acid Expansion Project 8Cost - Rs 100 crore 8Project Event: The company has been signed up Furnace Fabrica as an EPC contractor, all the equipment has reached the site. 99 % of construction work has been completed. The pre-commissioning is ongoing, commissioning is likely to be completed in Q1 2021. Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8EOI for development of local vendors for laying of U/G Steel Pipeline including associated jobs for CGD project Details 8Purchase of Refrigerator Truck for Vaccine TransportDetails 8Inline Inspection of KKBMPL-II Pipeline Network using High Resolution MFL Technique Details 8Hiring of Contract Services for Management of GAIL Transit Accommodation & Catering Services Details 8Selection of Agency for Providing Business Contact Centre Services Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices remain unchanged across metros Details 8Madhya Pradesh: Pocket pinch worry as fuel prices reach all-time high Details 820% ethanol blending in petrol can create economic activity of Rs 1 lakh crore: Petroleum Secretary Details 8GAIL to consider share buyback, dividend on January 15Details 8India’s annual oil usage falls for the first time in 21 years Details 8Saudi cut to boost oil market de-stocking, even as demand falters Details 8Chevron says repairs underway at Australia's Gorgon LNG Train 1 after weld quality issues Details 8Oil prices sapped by rising virus cases; anticipated drop in U.S. inventory stems losses Details 8Shell says LNG cargoes resume from Australian Prelude facility Details You can also click on Newsclips for moreDetails
Mobile CNG units on own and operate model may be a preferred business model as CGD entities expand their networks rapidly. 8This is particularly true when the gas supply is through a virtual network. 8The operator may want to pursue an asset-light model, to begin with. Click on Reports for more.Details
All the limits are over now, and the oil & gas market is on fire 8Crude prices will continue to climb much higher, according to all estimates. 8This should come as music to Indian E&P players Click on Reports for moreDetails
A Petronet LNG Ltd cargo from Ras Laffan was canceled. 8The cargo was meant to come in on January 18. PLL sources were not available for comment. But it is quite likely that the cargo is diverted to spot trading, where the prices are currently hovering at a record $20 plus/mmbtu. What the implications of this price spike on Indian demand? 8Dabhol seems to be working at full load now that winter has fully set in, and the Arabian sea is quieter. The breakwater facility will take some more time to be completed, so in the coming summer, the terminal will again stay shut. L&T is currently building the facility. 8Spot rates for the scarce liquefied natural gas fleet have broken the $320,00 per day mark on January 8, as growing demand for the commodity and limited vessel supply continue to prop up the sector. That was over $95,000 more than on January 5. Click on Reports for more.Details
The DGH is taking its single window clearance slogan seriously. 8It is now hiring a security consultant, whose only job will be to follow up with the security agencies for clearances Click on Reports for moreDetails
As of today, we are tracking 6.2 million tonnes of crude coming into India in the next week or so. 8The waiting period has come down to normal in Paradip and Cochin. 8In Mumbai, where both BPCL and HPCL take in cargoes for their refineries, there are three vessels on wait. 8The crude is coming in from an assortment of terminals from around the world. Click on Reports for more.Details
1.17 million tonnes of fertilizers is headed in. The main receivers are 8Iffco 8GSPC 8Indian Potash Ltd 8MMTC 8RCF 8Coromandel Fertilizers 8Paradeep Phosphate Ltd 8Indorama Click on Reports for more.Details
Project Name: Numaligarh-Itanagar Greenfield Product Pipeline Project 8Project Cost: 470 crores 8Project Description: Numaligarh Refinery Limited (NRL) is planning to lay a product pipeline from Numaligarh to Itanagar with a capacity of 0.5 MMTPA in order to improve petroleum product supply in the North Bank of Brahmaputra. The route length for the proposed pipeline will be around 100 Km and will be passing through the Brahmaputra River. Horizontal Directional Drilling (HDD) will also be required for this project as it crosses several rivers. 8Project Event: RFQs for the surveying work is expected up to February-2021. Click here for more details.Details
For reference purposes the website carries here the following tenders: 8Transportation of Packed Bitumen Ex Panipat Details 8Composite Works for Compressed Bio Gas Distribution ProjectDetails 8Supply of Vertical Submersible Centrifugal Pumps for Underground LPG Rock Cavern Application Details 8Hiring of services for Seismic Survey Operation for acquiring 3D seismic data of 10000 shots Details 8Providing Services for Peripheral Operations Assistance Activities for Barrel Filling and Blending Activities Details 8Construction of NRO Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Fuel price rise paused after taking petrol rates to record high level Details 8India's December fuel demand scales 11-month peak as recovery gathers paceDetails 8Petrol, diesel prices remain unchanged for second consecutive day Details 8Oil Marketing Companies may see earnings erode in third quarter 2020-21 Details 8Strong recovery in oil and gas volumes likely in 2021-22: ICRA Details 8Inclusion push: petrol pumps may sell insurance products Details 8Rajasthan can earn 63% of money India spends on mineral imports: Anil Agarwal Details 8Task force for mines development, new mines and mineral policy soon: Raj CM Details 8Petrol sales up 9.3 percent in December; diesel down 2.8 percent, jet fuel by 41 percent Details 8Include natural gas under GST to push for gas-based economy: Industry Details 8India now looks to build strategic gas reserve Details 8Facelift for IOC pumps to catch 'em young, make room for EV charging Details 8Top global oil exporter Saudi Arabia launches car-free, zero carbon emissions city Details 8OPEC crude output cuts should help U.S. shale profits in 2021 Details 8Oil prices fall on renewed coronavirus concerns as China cases mount Details 8Stricter air quality standards in the works to check ultra-fine pollutants Details 8OPINION: 1,000 LNG stations: A dream too big? Details 8Latest global lockdowns delay fuel demand recovery Details 8Agri products to cost more due to hike in fuel prices, warns Delhi Cong Details 8Explorer Horn in Saudi sands seeks a rally without petrol Details You can also click on Newsclips for moreDetails
8Project Name:Lucknow District City Gas Distribution 8Project Cost: Rs 150 crore 8Project Description:PNGRB has given an extension period of 129 days to Green Gas Ltd for achieving their MWP targets due to the COVID 19 pandemic. 8There are RFQs ahead Clck here for more detailsDetails
DAP Expansion Project 8Cost - Rs 100 crore 8Project Event: The project is still waiting for the environmental clearance, It is likely to be elicited at the end of Jan 2021, review is ongoing. RFQ for the LSTK contractor is likely to be released in Q1 2021 Single/Triple Super Phosphate Greenfield Project 8Cost - Rs 25 crore 8Project Event: The studies are still ongoing, the proposal for the environmental clearance is likely to be submitted in Feb 2021. The procurement work is ongoing. RFQ for the local contractor is likely to be released in March 2021.Details
Project Name: LPG cavern storage project 8Project Cost: 702 crore 8Studies have been completed. 8Project Event:RFQ for the equipment regarding cavern storage and the pipeline is expected in March-2021. Click here for more detailsDetails
RIL currently has around 1.64 lakh tonnes of chemical imports lined up 8It is not known whether RIL procures LNG on a term basis, for it doesn't and if it depends on spot prices, its ethane shipments from the US will become really handy at this juncture. Two shipments are landing up ahead. 8Then again, now that the affiliate restriction on the buying of gas has been lifted, RIL, which in any case is the largest gas buyer in India, can end up also being the biggest buyer of gas from its KG Basin discoveries. Around 7 mmscmd of gas is being auctioned out in February by the RIL-BP duo. And these imports come in at Dahej and Sikka and they consist of 8Ethane 8Benzene 8Acetic Acid 8Ethylene 8Methanol 8Paraxylene Click on Reports for more.Details
For reference purposes the website carries here the following tenders: 8Hiring of Mobile Air Compressor Services on Callout basis for Blocks CB-ONN-2000/1 (Ahmedabad), CB-ON/2 (Tarapur) & CB-ON/2 RFPSC Details 8Primary & Backup Internet Connectivity at GSPC BhavanDetails 8Design, Supply of Materials, Fabrication of Equipment under Third Party Inspection, Testing and Commissioning of 27 KL Capacity, 600 GPM flow rate Aircraft Refuellers for Aviation SBU, HPCL Details 8Supply of Heavy Alkylate to HPCL Mazgaon Terminal Details 8VHF Radio System for Vijayawada Dharmapuri Pipeline Project Details 8Development of TT Parking area and Civil Works at Jabalpur LPG Plant Details 8Supply of Di Octyl Adipate to HPCL Ram Nagar Terminal Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Bengaluru’s 2.8 lakh households have opted for piped gas: Karnataka CM BS Yediyurappa Details 8OPINION: Oil & Gas sector to post robust volume growth in FY22; Expect more tax incentives in budgetDetails 8India's IOC buys its first cargo of Iraqi Basra Medium oil Details 869% people want reduction in excise duty on petrol and diesel: Survey Details 8L&T Hydrocarbon Engineering secures offshore contract from ONGC Details 8SBI, Indian Oil Corporation launch co-branded RuPay debit card Details 8Sonia slams govt over fuel price hike & farmer stir, says country standing at crossroads Details 8Petrol and diesel rates hit new high Details 8Delhi: Petrol hits new high as taxes bump up crude impact Details 8Nigeria's NNPC seeks $1 billion oil prepay to revamp Port Harcourt refinery Details 8Brent oil may retest support at $53.13 Details 8Crude shock: Petrol price headed for new high on tax boost Details 8Oil hovers near 11-month highs, sustained by Saudi output cuts pledge Details 8Malaysia postpones biodiesel mandate rollout to 2022 - state media Details You can also click on Newsclips for moreDetails
LNG prices are at an unbelievable high, something unthinkable a couple of months earlier. 8A deal was reported for a cargo of LNG this week at $24/MMBtu. 8What is more, LNG vessel rates have soared like never before. 8All of this is bad news for Indian gas consumers. 8For Indian consumers who were trying to wriggle out of GAIL's Henry Hub based contracts a few months ago, as they were found to be too expensive compared to spot LNG, are now thankful that they could not escape for them. 8Oil-linked Ras Gas contracts are now far cheaper. Click on Reports for more.
ONGC had opened two tenders for offshore vessels 8One was for AHTS 120 tonnes. 8The other for OSVs (1500 tonnes) 8Get the full picture here, those who bid, those who qualified, and those who came L-1. Click on Reports for more
GSPC is getting in a full cargo of LNG at Mundra 8The vessel Maran Gas Ulysses will deliver 162600 cubic metres of gas. 8The gas is being sent from the Bonny liquefaction terminal. 8Unloading is on January 25. Click on Reports for more.Details
Project Name: Durgapur- Haldia Greenfield Natural Gas Pipeline Project 8Project Cost: 1740 crore 8Project Description: Gas Authority Of India Limited (GAIL) has hired Engineers India Limited (EIL) as a PMC contractor to lay a natural gas pipeline from Durgapur to Haldia with a capacity of 16 MMSCMD and a length of 680 Km. This pipeline is the part of Jagdishpur-Haldia-Bokaro-Dhamra pipeline. 8Project Event:RFQ for fabrication and erection works are expected in March-2021. Click here for more detailsDetails
The number of pending director level PSU appointments is getting larger as the government has not yet appointed a chairman to head the Public Sector Enterprise Selection Board. 8What is the government thinking on this subject? Find out moreDetails
Here is a private sector field operator who claims to be sitting on a massive 34 TCF of commercial recoverable gas reserves. The discovered reserves are at around 5 TCF, it is claimed 8But the operator is being stymied from going to its full capacity by one important handicap Find out more
For reference purposes the website carries here the following tenders: 8Procurement of 289856 Kg Additive Antioxidant for LLDPE/ HDPE and PP Unit Details 8Procurement of Heat Transfer FluidDetails 8Design, Supply, Installation, Commissioning of Internal Corrosion Monitoring System Details 8Procurement of 84296 Kg Additive Antioxidant for LLDPE/ HDPE and PP Unit Details 8Hiring of Support Services for Gas Terminals in West Bengal Details 8Hiring of Support Services for Gas Terminals in Jharkhand Details 8Hiring of Support Services for Gas Terminals in Bihar Details 8Hiring of Support Services for Gas Terminals in Uttar Pradesh Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Fuel crisis for vital installations, defence or neighbouring countries Details 8Petrol, diesel prices rise breaking month-long pause Details 8Early inclusion of natural gas into GST fold likely Details 8Gas pipeline to benefit Karnataka's coastal districts: CM Details 8Oil and gas deal-making peaks in Q4 as pandemic spurs consolidation Details 8U.S. says BP pays $24.4 mln but challenges natgas manipulation fine in court Details 8Mumbai: Diesel costliest ever, petrol price at 25-month high Details 8Crude shock: Petrol price headed for a new high on tax boost Details 8Petrol price nears all-time high after oil firms hike rates after month-long hiatusDetails 8Exxon, under investor pressure, discloses emissions from burning its fuels Details 8Petrol price at all-time high level of Rs 84.2 per liter in Delhi Details 8Traders accelerate oil sales from floating storage to meet Asia demand Details 8OPINION: Hedge funds end 2020 with lopsided oil position: Kemp Details 8Countries where Iranian oil and gas revenues are blocked Details 8Swinging again, Saudi Arabia sacrifices market share to protect oil price Details You can also click on Newsclips for moreDetails
NPK-TSP-GSSP Greenfield Project 8Cost - Rs 100 crore 8Project Event: The project activities have been active, EIA studies are ongoing, the proposal for the environmental clearance is likely to be submitted in Feb 2021. RFQ for the PMC contractor is likely to be released in Q1 2021 Phosphoric Acid Greenfield Project 8Cost - Rs 10 crore 8Project Event: The proposal has been accepted by SEAC and the proposal for the environmental clearance was submitted to MOEF in June 2018. The procurement work is ongoing and construction is likely to be started in Q1 2021.Details
Project Name: Barauni - Guwahati Greenfield Gas Pipeline Project 8Project Cost: 3308 crores 8This is a crucial pipeline that links the North East to the rest of the India 8GAIL is building it, MECON is the PMC. HOEC, says it can use to pump out as much as 3-4 mmscmd of gas through this pipeline. 8Find out what kind of progress it is making Click here for more detailsDetails
Third party access in the city gas distribution entities where the exclusivity period had ended may eventually be a non-starter. 8There is now an increasing realization that the whole move was nothing but a storm in a tea cup. 8Find out why existing players do not now seem to see that as a big threat.
LNG prices have shot up and that is bad news for the gas-based power sector, as the power produced gets too expensive under India's merit based pricing sytem. 8Yet here is this producer which is buying a whole cargo load of LNG. 8How does this company make money out of LNG when others do not?
After a weak run, this multinational EPC players is doubling up globally 8Its focus on India remains strong, according to its India team on all segments of the oil & gas industry. Click on Reports for more
Phosphoric Acid & Sulphuric Acid Greenfield Project 8Cost - Rs 1800 crore 8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the Company proposes to execute the project on an EPC basis. The finalization is still ongoing and it is now likely in Feb 2021. The company has already got an NoC from the state pollution board. The RFQ for the EPC contractor is likely to be released in Feb 2021. SSP/NPK Greenfield Project 8Cost - Rs 70 crore 8Project Event: The project activities were adversely impacted due to COVID-19, Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance at the end of Jan 2021 instead of earlier due to delay in the studies, RFQ for the contractor is likely to be released in February 2021Details
8It looks like the investment in Mozambique LNG terminal -- in which the Indian trio of ONGC, OIL and BPCL are heavily invested -- has run into very serious trouble. Find out what exactly is going on, click on ReportsDetails
What is the latest status on RIL's gas output now that it has started commercial production? 8How much is being produced? 8When is the next tranche likely 8Also know more on why competing gas suppliers have been taken by surprise 8Already one prominent buyer is substituting around 1 cargo of LNG with local RIL gas. Click on Details for more
For reference purposes the website carries here the following tenders: 8Hiring of Manpower for Support Peripheral Services at West Bengal Details 8Hiring of Manpower for Support Peripheral Services at Uttar PradeshDetails 8Hiring of Manpower for Support Peripheral Services at Jharkhand Details 8Hiring of Manpower for Support Peripheral Services at Bihar Details 8Hiring of Manpower for Support Peripheral Services at Assam Details 8Pest Control Service for Vijaipur, Kota & Chittorgarh Details 8Hiring of ARC Services for Mutation, Diversion of Agricultural Land to Non-Agricultural Land and Prohibited Area declaration for installations Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Hubballi: 19,000 houses to be connected to PNG network by May-end Details 8Ethanol blending in petrol will cross 8% in 2020-21: Petroleum Secretary Tarun Kapoor Details 8Gas-based economy crucial for Atmanirbhar Bharat, says PM Modi Details 8Indian Oil Corporation's jet fuel business has recovered by 60 pc: Executive Director Sanjay Sahay Details 8No change of course in new year; petrol, diesel prices remain static Details 8Share of natural gas in energy basked will be more than doubled: PM Modi Details 8Credit Suisse says Aramco may revive RIL deal if oil prices continue to rise Details 8Indian Oil's jet fuel business has recovered by 60 per cent: Executive Details 8Brent oil rises to highest since February after Saudi Arabia output cut Details 8India in no hurry to seek US nod for oil supplies from Iran, Venezuela Details 8OPEC+ resumes talks after February split on oil output Details 82021 oil prices seen hovering around $45 per barrel in 2021: Moody's Investors Service Details 8Saudis take on burden of oil production cut to support price Details You can also click on Newsclips for moreDetails
The port declared quantities of LNG offloading are sub-optimal in these terminals Dabhol: 8Trafigura is delivering a cargo of only 78500 cubic metres for GAIL from Das Island 8GAIL is getting another cargo from Das Island and it is for 75600 cubic metres Then again, we have: Cochin: 8Cargo volume is 70931 cubic metres Ennore: 8Declared cargo volume of 40000 cubic metres from Lake Charles 8The other cargoes which are coming in to Dahej and Hazira are the standard 140,000 to 150,000 cubic metres Click on Reports for moreDetails
RIL clearly has the best crude vessel management system as of now with no vessels in waiting 8Nayara too is pretty strong on this count 8Curently Cochin has a problem 8And for some strange reason, Paradip always seem to have a lot of waiting going on Click on Reports for more Details
This is one gas buyers which took a big risk when it doubled its capacity. 8It stepped in when others were unwilling to go in. 8But the gamble paid off 8It consumes a whopping 5 msmcmd of gas Click on Reports for moreDetails
In India Praj Industries has a modest portfolio. 8In the oil & gas space is it has had moderate success with its bio-ethanol technology. And now it is into bio-gas. 8Globally however the company is considered very hot 8It is for the readers to find out why Click on ReportsDetails
The website is tracking the delivery of 124412 cubic metres of LNG into Indian terminals in the next one week. The LNG is coming from: 8Das Island 8IDKU, Egypt 8Point Fortin 8Ras Laffan 8Soyo 8Lakes Charles Click on Reports for more
For reference purposes the website carries here the following tenders: 8Hiring of Directional Drilling Services on Call-out basis Details 8Transportation of Packed Lube Ex Daruhera Mega WarehouseDetails 8Production and Supply of Compressed Bio Gas to Oil Marketing Companies Details 8Hiring of Vehicles for O&M Activity Details 8Procurement of 1280 MT of Caustic Soda Lye for BCPL through GeM portal under custom bid creation Details 8Procurement of 4600 MT Petrochemical Grade Naphtha through GEM portal under custom bid creation Details 8Hiring of Compression Facility at Maskal SV StationDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8No plans to enter contract farming, buy agricultural land: RIL Details 8L&T Hydrocarbon Engineering bags over Rs 7,000 crore order from HPCL Rajasthan RefineryDetails 8Oil minister Pradhan urges coal and mines minister to expedite capacity expansion of smelter plant Details 8Oil little changed as investors await OPEC+ decision Details 8PM Modi to inaugurate Kochi-Mangaluru natural gas pipeline today Details 8India’s 40th Antarctica trip fuelled by Indian Oil Details 8Praj ranked as 2nd hottest company in global bioeconomy for 2021 Details 8Promote ethanol production from sugarcane, maize & agri waste: Nitish to officials Details 8Oil prices touch multi-month highs as OPEC+ expected to hold output Details 8China gas price surge likely shortlived as winter supply measures kick in Details 8Venezuela's oil exports sink to 1940's level under tighter U.S. sanctions Details 8Malaysia's Petronas says force majeure declared at two oil terminals Details 8US extends Iraq sanctions waiver for further three months Details 8China's Shanghai energy exchange to allow use of govt bonds as margins Details 8Oil price slides with U.S. stocks as OPEC+ delays output decision Details 8OPEC+ deadlocked over raising oil output, to resume talks Tuesday Details You can also click on Newsclips for moreDetails
Our daily fertilizer import data slate shows 1.2 MMTPA of products coming in 8IFFCO's Paradip complex is importing a significant quantity of rock phosphate and sulphur 8The material is coming in from Aqaba, Ras Lafan and Casablanca Click on Reports for the entire fertilizer slate
Project Name: Kukrahati- Itinda Greenfield Natural Gas Pipeline Project 8Project Cost: 210 crore 8This is an H-Energy project 8Is it coming up at all? 8Get the latest progress report here. Click here for more detailsDetails
RIL has lined up roughly 1.8 MMTPA of crude imports into India in the coming days. 8We are currently tracking around 6.2 million tonnes of crude deliveries across India 8RIL imports, as per our information, is coming in from Ras Tundra, Porto Do Acu, Aseng FPSO, Mina Saud, among others. 8Our data shows crude vessels are in waiting mode at Cochin, pointing perhaps towards a refinery shutdown. Click on Reports for more Details
We are tracking 0.93 million tonnes of chemical imports over the next few days in India at different ports. 8Around 0.22 million tonnes of chemicals is coming in at Kandla 8Around 0.13 million tonnes of chemicals is unloading at Mumbai Click on Reports for more
This private sector gas company plans to produce a whopping 3 mmscmd of gas by December, 2025 from its onland asset 8By 2022, it will produce 2 mmscmd from the current level of 1.2 mmscmd of gas Click on Reports for more.Details
The propane vs. LNG price competitiveness relationship is a dynamic one. 8Looks like propane is currently uncompetitive, and there is large scale switching from propane to LNG Click on Reports for more.Details
Ammonia-Urea Energy Saving Project 8Cost - Rs 217 crore 8Project Event: All the erection and installation work has been completed, The project is was meant to be commissioned in May 2020, but due to COVID-19, commissioning has been delayed. The project is likely to be commissioned at the end of Jan 2021, the pre-commissioning is ongoing. DAP/NPK Greenfield Project 8Cost - Rs 300 crore 8Project Event: PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned. Feasibility Studies are still ongoing. RFQ for the EPC contractor is likely to be released in Feb 2021. Ammonia Revamp Project 8Cost - Rs 200 crore 8Project Event: Still internal discussions are ongoing, RFQ for the EPC contractor is likely to be released in Feb 2021. Nano Fertilizer Greenfield Project 8Cost - Rs 119 crore 8Project Event: The company has hired EQMS India Pvt. Ltd for environmental clearance, the proposal for the term of reference has been accepted and the proposal is likely to be granted in Feb 2021. RFQ for the LSTK contractor is likely to be released in Q2 2021Details
On account of COVID, our project monitoring team had taken a break from updating city gas distribution projects but we have restarted the updates from today. Unnao City Gas Distribution 8Green Gas Limited, joint venture of IOCL and GAIL has been granted authorization for laying, building, operating and expanding CGD network in the authorized area of Unnao district of Uttar Pradesh. The entity won the project under 9th CGD bidding round. The authorized area for the proposed CGD network will have a coverage area of 4574.22 sq. km. For an overall timeframe of 8 years, Green Gas Limited is expected to install 2 CNG stations, 3000 piped natural gas connections, and lay 150 inch-km of steel pipe. RFQs for MDPE and carbon-coated steel pipelines were floated on October 15 and December 4, 2020. The project will further require copper tubes; piping system components such as pipeline valves, stud bolts, and nuts; pressure relief valves, slam-shut valves, steel gate, globe, and check valves; metal ball valves; steel pipeline flanges; steel line blanks; gaskets; CNG dispensers; copper fittings; pressure safety equipment such as regulators, slam shut valves and creep relief valves; filters; metering equipment such as pressure gauges, gas meters, orifice meters; odorizing units; compressors; pumps; etc. 8What is coming up: RFQs for valves, gaskets, dispensers, meters, compressors, and odorizing units are expected in February 2021. Click here for more details.Details
For reference purposes the website carries here the following tenders: 8Provision of Integrated Petroleum Engineering Services for Rajasthan Block Details 8HP Catalysts Screening Unit with AMCDetails 8Hiring office accommodation at Haldwani City for City Gas Distribution Project Details 8Supply of Air Compressor at Dharmapuri Terminal Details 8Appointment of MAK Lubricants Distributors Details 8EOI from global Oil & Gas companies with requisite technical & financial strength to carry out production enhancement from mature fields Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8BPCL, Air India selloff to slip into FY22 Details 8NRL pays first interim dividend of Rs 122 cr to Assam govt Details 8Pradhan launches missed call facility for booking of LPG refills Details 8Reliance, BP commit to pay for any shortfall in KG-D6 production to buyers Details 8PM Modi to dedicate GAIL India's natural gas pipeline to the nationDetails 8RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities Details 8West Bengal: Petrol demand rises in third quarter, but diesel lags Details 8Rise in fuel sales in 2020 shows signs of economic recovery: IOC Details 8OPEC secgen says ready to adjust oil output increases Details 8China's natural gas output to surpass oil around 2025 -CNPC expert Details 8Jet fuel prices up by 3.7 percent, LPG remains unchanged Details 8U.S. crude output dropped 442,000 bpd to 10.419 million bpd in Oct Details 8The Gulf Cooperation Council: A bloc in crisis Details 8Retail fuel prices remain unchanged across metros Details 8OPEC+ emerges from chaos of 2020 to face delicate balancing act Details 8Cheaper LPG may help the fight against pandemic, says PGI study Details 8Exports slip 0.8% in December 2020; trade deficit widens to USD 15.71 billion Details 8Russian annual oil output falls for the first time since 2008 on OPEC+ deal, pandemic Details 8New year OPEC+ meeting to decide oil production levels Details You can also click on Newsclips for moreDetails
The gas story has been robust in India 8But with nomination gas pricing at an all-time low, gas production from these fields is a loss making proposition. 8The focus has now shifted to the eastern offshore fields for incremental gas output 8Get a full overview of the gas sector as of the moment Click on Reports for moreDetails
Two LNG cargoes, one shipped by Trafigura for GAIL, and the other coming from GAIL's Sabine Pass terminal, are getting processed at Dabhol. 8The Sabine Pass terminal cargo has already landed, while the Das Island shipment through Trafigura is expected on January 7 8IOC's Ennore terminal is expecting a low volume terminal from Lake Charles in the second week of January Click on Reports for more.
Heavy year-end waiting is noticed in Indian ports at Mumbai, Cochin and Paradip. 8Is it still to be determined if there is any forced maintenance going on or whether this is on account of a tank-full situation resulting upon underutilization of capacity. Click on ReportsDetails
Under the up ahead chemical import slate, RIL is a heavy importer of: 8Cyclphexene 8Ethylene 8Butadiene 8Benzene and orthoxylene 8Paraxylene In all 97 lakh tonnes of chemical imports are slotted for the first few weeks of the new year.Click on Reports for more.Details
8In a big shot-in-the-arm, this technology and EPCM player has grabbed its first downstream EPC project. 8Find out how it plans to cope with the sudden boost in business. 8It is likely to be poaching for personnel from its EPC peers.
For reference purposes the website carries here the following tenders: 8Annual Civil Maintenance Works for three years at ONGC OGT, Mallavaram, HPHT-EOA, ONGC, East Godavari District Details 8Miscellaneous Civil Works inside OGT plant, Mallavaram, HPHT AssetDetails 8MDT of Cylinders at Chakan LPG Plant Details 8Design and Sup of PRU CompablocsDetails 8Procurement of Bio-diesel produced from used Cooking Oil across indiaDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Crude oil futures rise on spot demand Details 8China issues 5 mln T clean marine fuel export quotas for 2021 - traders Details 8Virus-ravaged oil market collapses by a fifth in 2020 Details 8Algeria's Sonatrach plans $40 bln in investment over five years Details 8Core industries’ output snaps recovery, worsens in November 2020; these areas hit mostDetails 8Exxon signals up to $20 bln writedown to overwhelm 4th-qtr gains in oil, chemicals Details 8Italy's Edison sells Norway upstream assets to focus on energy transition Details 8U.S. drillers add most oil and gas rigs in a quarter since Q2 2017 - Baker Hughes Details 8China's CNOOC leads first LNG group purchasing on Shanghai gas exchange Details You can also click on Newsclips for moreDetails