All content in this website is sourced legitimately

Archives


All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.


Jan 2021

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
>This is one rig company that has its back against the well
8Yet, it is putting up a valiant fight that has surprised and inspired the industry. Details
 The Daman upside is the next big offshore E&P project
8But a decision on its viability will be taken by the Union cabinet. 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. Details
8Spot LNG prices may be sky-high but does that mean India is paying more than last year for LNG?
8What does the latest data show? Details
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 Package Details
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 award Details
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 more   Details
8We are currently tracking around 1.39 million tonnes of fertilizer imports
Click on Reports for more.
Details
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 more
Details
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 more
Details
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 details Details
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. Details
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. Details
8There is is an update on the IOCL-CPCL Nagapatinam project. Details
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. Details
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. Details
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 Plant Details
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 Pradhan Details
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 crore Details
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 more   Details
This is a product pipeline
8Cost is Rs 350 crore
8RFQs for mainline pipes and pumps expected by March 2021
Click here for more details Details
Both IOCL and HMEL take crude cargoes at Mundra.
There are three carges lined up, and they are coming from:
8Yuum K'ak'naab
8Zirku Island
8Ras Tanura
Click on Reports for more. Details
81.06 million tonnes of assorted chemicals are slated for import in the coming days.
Click on Reports for more. Details
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. Details
A new airport is coming up in Delhi
8And it looks like the ATF supply there will be one company's monopoly
Click on Reports for more. Details
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. Details
There is speculation of the government having zeroed in on a PESB chairman.
8But like with all decisions in this government, any speculation can be way off mark. Details
What is the latest on the Nayara refinery-cum-petrochemical project?
8There was a flurry of activity, and it is a little quiet now
Find out what is next.
Details
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. Details
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. Details
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. Details
The website carries here an update on fertilizer imports ahead.
8As also the entire set of import that had taken place in the last week on a weekly import format
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Procurement of Cab Catalyst Details
8Procurement of Ball Valves Details
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 Pradhan Details
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 more   Details
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 details Details
There was a big fire at ONGC's Hazira complex last year
8What caused it?
Click on Reports for more.
Details
8The BOO model is now sought to be extended to crude oil import terminals
 Click on Reports for more.
Details
Domestically manufactured iron and steel products will get preference now
8Oil companies will have to fall in line
Click on Reports for more. Details
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
Critical projects were awarded for the Barmer Refinery by the HPCL-EIL combine.
8But then capital approval is still pending.
8Find out far out is the budget for the refinery is, as of now. Details
8It looks like the Bargarh 2G bio-ethanol project, in the petroleum minister's home state, has run into serious trouble.
Find out what happened.
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&C Details
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 FY24 Details
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 more   Details
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
89 lakh tonnes of chemical imports are getting tracked.
8This is as of late last week
Click on Reports for more. 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. Details
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. Details
8We are tracking around 75 lakh tonnes of rock phosphate, DAP, urea, and MOP imports
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Carrying Composite Works at Thimmapur for HCPL Project Details
8VHF System at BPPL Project Details
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 Secy Details
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 more   Details
 < 1 2 3 4 >  Last ›

Showing 51–100 of 215 items