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Mar 2022

8Find out why adulteration data from oil marketing companies do not make sense.
And why it is difficult to accept. Details
Find out how private sector refineries are in a great disadvantage in today's India.
8And among the two private entities, Nayara seems to be much worse off.
Click on Details for more Details
Ammonia Storage Tank Greenfield Project
8Cost: 100 crore
8Vijay Tanks was "finalized" but then what happened?
Click on Details for more Details
Get the daily updates for
8LNG
8Crude
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Here is a Rs 220 crore fertilizer expansion project
8Nuberg is the contractor
Click on Details for an update Details
A new MD for OVL has been selected.
8He is expected to have better luck than the current MD Alok Gupta, who, hamstrung by COVID, could not stand out.
8OVL has this once-in-lifetime opportunity to play its biggest role ever in furthering India's E&P interests abroad.
Click on Details for more. Details
Suniti Bhat, a graduate from Stanford and Harvard, and his full entrepreneurial flair is in evidence in the E&P company that he has set up.
8Find out more on what he is up to.
Click on Reports for more. Details
8A new gas sale tender is out
8This one will work on a different set of pricing parameters
Click on Reports for more Details
High LNG prices have cast a shadow on carbon neutral LNG
8But this is expected to be temporary
8Also, find out how many carbon neutral cargoes have been delivered around the world, and by whom to who.
8Further, what kind of carbon pricing are we looking at going ahead for these cargoes?
Click on Reports for more Details
Coal based Ammonia Greenfield Project
8Cost: 1000 Cr.
8Project Event: Invitation for Bid has been released for Contractor on Build on Operate (BOO) basis. The bid due date is 28 April 2022.
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
8Project Event: The RFQ for the ammonia storage tank with associated facilities has been out and the due date is 12 April 2022. Details
The oil & gas sector in Russia has been spared to some extent from punishing western sanctions
8But they will have an impact
8Get an exact update on what is going to be hit in Russia's oil & gas sector
Also know what is happening on the shipping front because as much as 60% of seaborne crude exports will be removed from the market. 
Click on Reports for more. Details
8IEX has come out with a comprehensive set of business rules
Click on Reports for more Details
8Expect oil prices to stay above $100/bbl for the foreseeable future
There is now a call to cut the use of crude, as the situation will aggravate in the coming months.
Click on Reports for more Details
The EU wants to reduce demand for Russian gas by two thirds by end of 2022
8Is that possible at all?
8If so, what are the implications for the LNG market?
Click on Reports for more. Details
India is launching a green port initiative
8But by the way it has been structured, it will take a while before progress can be made
Click on Reports to know what needs to be done Details
8The tenders for this E&P fracking job from a small private sector company were scrutinized last week.
 Click on Details for more Details
Get the daily updates for
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Here is a case of a small private sector E&P company making good money out of selling a big stake.
8Hanging on to an E&P asset initially, dressing it up colourfully and offering to investors can be yet another award to E&P operators, over and above good returns by way of ROI on the E&P output itself
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Catering and house keeping services at transit flat Details
8Supply of Metallic Bellow Installed in SARU Units Details
8Road transportation of bulk petroleum products Details
8Concertina coil works at WRPL Details
8Fabrication, manufacturing and supply of empty bitumen drums Details
8ARC for Miscellaneous Maintenance Services Details
8Conducting QRA, HAZOP study and Preparation of ERDMP in line with latest PNGRB guidelines Details
8Annual rate contract for environment management services, horticulture and civil repair works Details
8Procurement of GCV/ SRV combined module Details
8Maintenance of semi-automated shot blasting and painting facility Details
8Safety valve overhauling at central engg. Workshop Details
8Integrated digital solutions for turnaround 2022 RMP & DHT complex Details
8Leaning of OWS/ CW funnels units using hydro jetting machine Details
8Supply of Lubricity Additive for HSD (in tankers) Details
8Canteen renovation works at CPCLs CBR in Nagapattinam Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Details of Loss of Certificates [HOEC] Details
8Change of name of registrar [IEX] Details
8Intimation of Analyst/ Investor Meet [Vedanta] Details
8Investment Approval for Implementation of Poly-Butadiene Rubber Project [IOCL] Details
8Investment Approval for Development of City Gas Distribution Projects in 9 Geographical Areas [IOCL] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Energy agency: 10 steps would save 2.7M barrels of oil a day Details
8Eni pledges more gas for Europe to help cut reliance on Russia Details
8India's February oil imports surge as refiners boost runs to meet demand Details
8Sri Lanka to prioritise tourism sector for gas, fuel distribution Details
8Euro zone in trade deficit for third month as energy costs surge Details
8EU seeks energy price-busting strategy amid Ukraine crisis Details
8India's legitimate energy transactions should not be politicised, say govt sources Details
8Iran ready to meet India's energy needs, says Ambassador Chegeni Details
8OPINION: India looks to Russia to solve the energy crisis Moscow created Details
8Always exploring all possibilities in global energy markets: India Details
8Oil price jumps on lack of progress in Russia-Ukraine talks Details
8UK wants every country to "move away" from Russian oil: PM Johnson's spokesperson Details
8After IOC, HPCL buys 2 million barrel Russian crude, MRPL seeks 1 million barrel Details
8Diesel price for bulk users hiked Rs 25/ltr; pvt retailers stare closure Details
8Ukraine conflict opens diplomatic and energy opportunities for Qatar Details
8Inflation set to go up, govt must act to protect people: Rahul Gandhi Details
8Halliburton, Schlumberger draw back from Russia amid U.S. energy sanctions Details
8LNG projects in the Gulf of Mexico boosted as Russian gas alternative Details
8US recognises 'economic reasoning' behind India buying Russian oil: Spokesperson Details
8India's oil imports from U.S. to rise, amid criticism for Russian purchases Details
8Industrialist Gautam Adani explores partnerships with Saudi Aramco Details
You can also click on Newsclips for more   Details
Even as uncertainty surrounds the Mongolia project, EIL has awarded lincensor contractors for various refinery units last week
Find out who the licensors are for:
8SRU
8VDU
8HGU
8LPG
8HCU/DHDT/MS block
Click on Details for more Details
What is the progress report of the 2G ethanol project in Bargarh by BPCL?
8It is the first full scale ethanol plant ever constructed in India
8The cost of the project is much more than the originally estimated Rs 1000 crore plus
Also, it is under active contracting Details
8There is a whole chapter on Indian green hydrogen in this report
8And it is interesting to read
Click on Reports for more Details
8The BP energy outlook report is here
Click on Reports for more Details
8Find out why downstream EPC major Petrofac is breathing easier than before
Click on Details for more Details
What is likely to be the biggest spot tender for LNG for the next quarter has been put off
8Who has the advantage to bag this tender?
Click on Details for more Details
Get the daily updates for
8LNG
8Crude
8Chemicals
8Fertilizers
8Weekly Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Get full project updates along with key contacts for these projects
Project Name: Paradip-Somnathpur-Haldia Greenfield Product Pipeline (IOCL)
8Project Cost: 1297.5 Cr 
Click here for more details
Project Name: Mumbai-Nagpur-Jharsuguda natural gas pipeline (GAIL)
8Project Cost: Rs 7845 Cr                                   
Click here for more details
 Project Name: Paradip-Hyderabad Product Pipeline Greenfield Project (IOCL)
8Project Cost: Rs 3338 Cr                                   
Click here for more details Details
For reference purposes the website carries here the following tenders:
8Supply of Wind Socks Details
 8Supply of Spares for Compressor Details
 8Supply of flanges Details
 8Supply of Dual Emergency Push Button Switch Assembly Details
 8Supply of CS and SS pipes Details
 8Supply of chemical injection packages Details
 8Supply of 3D CAD Software Creo as per Tender Specifications terms and Conditions Details
 8Supply and SITC of Rotork make MOV Spares Details
 8Statutory testing of underground LPG bullet, connected pipelines and other associated works Details
 8Replacement of Stainless steel steam coil in SRU Details
 8Production Enhancement Operations in Marginal Nomination Fields Details
 8Procurement of various LED lights Details
 8Procurement of printer cartridge Details
 8Engineering supervisory services during RMP turnaround jobs Details
 8Construction of building near LEB control room Details
 8Carrying out training, implementation and Green Co certification at Vadodara LPG Terminal Details
 8Carrying out civil & electrical works Details
 8Appointment of Third Party for effective operation of QLOC machines in Retail Outlets Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Listing Obligations and Disclosure Requirements [OIL] Details
 8Listing Obligations and Disclosure Requirements [GGL] Details
 8Intimation of Lost, Stolen, Fake, Duplicate Shares [MRPL] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8EU launches new sanctions against Russia, targets energy sector Details
8UK's Johnson, Abu Dhabi Crown Prince discuss energy security, trade Details
8TotalEnergies would not seek compensation for Myanmar exit Details
8Oil price falls below $100, eases pressure on oil marketing companies Details
8Govt to make calibrated interventions to keep fuel prices under control: MoS Finance Details
8Thai firm takes over Myanmar gas field after Total withdrawal Details
8Retail fuel prices would need to be increased by 15% to reflect Int'l crude prices Details
8Nine states have not reduced VAT on petrol, diesel: Hardeep Puri in RS Details
8Indian Oil buys 3 million barrels Russian Urals crude via tender Details
8INOX to invest Rs 750 crore to set up Oxygen plant at SAIL Bokaro Details
8Puri slams Rahul Gandhi for tank-up comment says sales went up 20% Details
You can also click on Newsclips for more   Details
It looks like India is looking at all kinds of feedstock to produce chemicals and petrochemcials
8Gas is one
8Green energy is another
8And coal too as emerged as a competitive fuel
8And new concepts and busienss models are at play, all of which lead to additional business opportunities for PMC/EPC and vendor community
8The downstream chemical and petrochemical industry seems to be very active as of now.
Click on Details for more Details
After the oil marketing company led ethanol projects did not get off the ground due to technical and financial viability issues, a new crop is coming up
8But there is scepticism about their success, as they are moving straight from pilot phase to expensive large scale plants.
Click on Details for more Details
There is an augmentation work going on for the Chennai-Trichy-Madurai Product Pipeline Project (IOCL)
8The cost of the project is Rs 28 Cr 
When is the completion date Details
8Project Name: Guna District City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details Details
8Project Name: Rewa District City Gas Distribution
8Project Cost: Rs  200 crore.
Click here for more details Details
For reference purposes the website carries here the following tenders:
8Supply of switchgear spares by ABB Details
 8Supply of siemens make VFD Details
 8Supply of Feed Filter Details
 8Provision of Heavy Duty DAG and Air Compressor Details
 8Procurement of printer toner cartridges Details
 8Procurement of FLP sockets and welding receptacles Details
 8Procurement of fastners for shutdown maintenance activities Details
 8Item Rate Contract for O&M support services Details
 8Hiring of services for comprehensive AMC of EPBAX system Details
 8Hiring of Security Care taking and Loss prevention Services for Kerala & Karnataka under KKBMPL Details
 8Health and integrity assessment of existing building at GAIL Usar Details
 8Transportation for supply of Packed Lubricants and greases Details
 8Transportation of Refinery vessels from BG Cryogenics Details
 8Group Life Insurance Coverage in terms of FAS for GAIL Employees Details
 8Control valves for 60 kta polypropylene unit Details
 8Comprehensive Annual Maintenance Contract for one elevator of KONE make installed Details
 8Centralized Procurement of 20 inch 600 Axial Flow Check valves for GREP Packages of Hazira and Vaghodia Compressor Station Details
 8Cardiac Software and Cardiac Probe for BPL make USG machine Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Notice of the meeting convened by the Ministry of Corporate Affairs (MCA) of the equity shareholders Details
 8Intimation of LostStolenFakeDuplicate Shares Details
 8Information regarding loss of share certificate(s) Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Red hot global oil and gas markets need some settling down to do Details
8India not violating sanctions, but Russian oil deal could place it on 'wrong side of history': US Details
8Can't renegotiate PPAs; clear RE dues in 6 weeks: AP HC on PPA reneging matter Details
8India plans Rs 24,000 crore sovereign green bond issuance Details
8Part of Asia’s largest coal conveyor belt has become operational: NTPC Details
8Oil price falls below $100, eases pressure on oil marketing companies Details
8Ukraine crisis: India in talks to buy discounted Russian crude oil Details
8UK Prime Minister Johnson to visit Saudi Arabia for oil supply talks Details
8Rajarshi Gupta to be new OVL head Details
8India taking up Russian discounted oil offer will not be US sanctions violation, says White House Details
8Oil deal with Russia to go through soon, sources say Details
You can also click on Newsclips for more   Details
Phosphoric acid Expansion Project
8Cost: 130 Crore
8Project Event: 50 % of construction work has been completed, the installation of dryer unit is ongoing. Commissioning is likely to be completed in December 2022.
Phosphoric acid Expansion Project
8Cost:  500 Crore
8Project Event: The construction is likely to be started in Q1 FY 2022-2023 in place of December 2022 due to delay in the procurement. The company has awarded a contract to ThyssenKrupp Industrial Solutions for the expansion of its phosphoric acid plant in Paradeep, Odisha. The plant is based on the di-hydrate technology from Prayon Technologies of Belgium. ThyssenKrupp Industrial Solutions will provide engineering and technical procurement services. Details
Get the daily updates for
8LNG
8Crude
8Chemicals
8Weekly Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
The Americans are on a warpath and are talking tough not just to the Chinese but also to the Indian government on staying away from Russia.
8Any attempt to break the sanctions on Russia would attract counter sanctions on the third party, the Americans have warned.
8If India were to break the American diktat under a barter trading arrangement, then will the multinationals working in the oil & gas sector for example, particularly in the E&P as well as in the EPC and equipment supplying spaces in mid-stream and downstream segments be forced by US counter sanctions to stop supplying critical equipment to India or stop working altogether? Of course nothing can be as harsh as what has been imposed on Russia, but it is not known to what extent the US will go to push its agenda in Europe.
8In this context, is it better then to become as Atmanirbhar as possible, while also looking for alternative supplies, perhaps from China?
8Which kind of companies are likely to stop working in India if sanctions are invoked?
Indian fell in line with the Americans when Iran was sanctioned this time around, and we permanently damaged what was our time-tested relationship with that country, are we willing to stand by and do the same with Russia?
Click on Details for more Details
There are many finer nuances for the energy market due the Russia-Ukraine war
8Here is where you get a full hang of it
Click on Reports for more Details
As many as 54,000 discrepancies of all kinds from norms have been detected in the sale of petroleum products by public sector retail outlets over the last four years
8That is a large number by any yardstick
Click on Reports for more Details
Offshore wind energy projects are yet to take off in India
8But when they do, there will are collateral costs which will have to be paid
Click on Reports for more Details
8City gas distribution companies have begun cutting supplies to buyers in the face of high gas prices
Click on Details Details
When is the Rs 467 crore Asanur greenfield POL terminal getting ready?
8Are there any RFQs left?
Click on Details for more Details
What is the current status of the Jagdishpur-Haldia-Bokaro-Dhamra gas pipeline project
8When is the completion date?
8And what is the latest update on what is going on at present
Click on Details for more Details
There is a big rush of ONGC tenders these days.
8An EOI for a MOPU for ONGC's marginal fields saw many companies participating.
8And the job is not so easy either, as it involves the conversation of a jackup rig into a MOPU. Details
Ammonia-Urea Brownfield Project 
8Cost: 6000 Cr.
8Project Event: The project is likely to be commissioned in June 2022 in place of March 2022 due to the slow progress.96% of construction work has been completed, construction of the bagging building has been completed. RITES is still in the process of laying rail tracks and electrifying. Testing of one of the boilers has also been successfully completed.
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost: 1800 Cr.
8Project Event: The RFQ for the EPC contractor is likely to be released in April 2022 in place of January 2022 due to the impact of Covid. The Company has carried out a Detailed Project Report (DPR) through ThyssenKrupp Industrial Solutions for the plant capacity of 600 MTPD Phosphoric Acid and 1800 MTPD Sulphuric Acid. The report from Thyssen Krupp is still under evaluation and the final decision for the Project will be taken up appropriately. The company has already achieved NoC from GPCB for execution. Details
8Project Name: Jagtial, Peddapalle, Karimnagar & Rajanna Sircilla Districts City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details Details
8Project Name: Salem District City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details Details
For reference purposes the website carries here the following tenders:
8Procurement of medicines Details
 8Procurement of laserjet printers and their cartridges for PDH-PP Usar project Details
 8OSO engg development of new a site ro within 2 km from koraput coffee board main gate Details
 8IRC for electrical maintenance Details
 8External services for HVAC ducts modification & insulation Details
 8Expression of Interest (EOI) for Temporary Land Acquisition and Drill Site Construction for Drilling 05 Exploratory Oil & Gas Wells Details
 8Disposal of used and unused items on where is as is basis lying at GSPC Guest House at Swagat Rainforest Details
 8Construction of View cutter at NTF at Digboi Refinery Details
 8ARC for providing expert service during overhauling of multistage pumps and trouble shooting of problems of KSB make Pumps Details
 8Appointment of Registrar and Share Transfer Agent for Securities related services Details
 8Annual Rate Contract for supply and installation of telecom and SCADA equipments Details
 8AMC for turnstiles in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Schedule of in person meeting with Group. of Investors at Mumbai Details
 8Re-payment of amount due to the holders of Commercial Paper Details
 8Notice of due dates for payment Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Fertiliser subsidy may exceed RE by Rs 10K cr; fiscal deficit to remain close to 6.9% in FY22 Details
8India's post-pandemic eco recovery progressing well; high oil prices pose risks: Ashima Goyal Details
8Bidding for DSF-III oil fields round to start on Apr 1, says DGH Details
8Crude oil prices fall, continuing downward trend from last week Details
8Ranjit Rath picked to head Oil India Details
8With crude hovering around $95-$130, fuel price hike inevitable Details
8Russia's war idles some European mills as energy costs soar Details
8Iran ready to supply required oil for the world market: Official Details
8Auto firms will begin manufacturing flex-fuel vehicles within six months: Gadkari Details
8India may relook inflation, growth projections, says RBI deputy governor Michael Patra Details
8Mumbai boasts India’s first woman pilot to lead offshore flight Details
8Soaring LNG prices likely to drive up India's Rs 1 tn fertiliser subsidy Details
8Global crude oil prices extend losses ahead of Fed meeting Details
8India indicates readiness to release more oil reserves Details
8Govt to take all measures to provide relief to consumers from high fuel prices: Puri Details
8BPCL's amalgamation of subsidiaries to improve synergies: Fitch Details
You can also click on Newsclips for more   Details
Get the daily updates for
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Get the daily updates for
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
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