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Mar 2022

8One of the largest LNG spot price tender is opening up shortly
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Details
Project Name: Mundra - Panipat Crude Oil Pipeline (IOC)
8Project Cost: Rs 9,028 Cr
Click here for more details, get an update on when RFQs are likely.  Also click on Reports for more
Details
Project Name: Dahej-Koyali Refinery Captive Natural Gas Pipeline Project
8Project Cost: 315 Cr   
8Get an update here
Click here for more details, also click on Reports for more
Details
For reference purposes the website carries here the following tenders:
8Supply of sulphur forming unit Details
8Supply of Reference Fluids for Bocle Tester used to Determine lubricity for ATE Details
8Supply of labour and machinery for removal of Sulphur Details
8Supply of Calibration Gases Details
8Supply of Burner Spares Details
8Renovation of Admin and E and I Buildings Details
8Procurement of Yaskawa VFD Spares for drives Details
8Procurement of KSB Make Pump Spare Parts Details
8Maintenance and Inspection Works for Crude Tanks Details
8Invitation for pre-tender meet treated water reservoir for CBR project Details
8Inhouse fabrication of V127K15K Cryovessel Inner and Outer as per scope of work drawing and schematics etc and tender terms and conditions Details
8AMC for repair servicing overhauling trouble shooting of greaves cotton diesel engine Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Update on Block MBOSDSFB802016 (B-80) Gas E-Auction Details
8Outcome of the Board Meeting - Payment of 2nd Interim Dividend for FY 2021-22 Details
8Launch of Consent Solicitation Exercise by Bharat Petroleum Corporation Limited Details
8Information regarding issuance of ‘Letter(s) of Confirmation’ in lieu of share Details
You can also click on Reports for more

For reference purposes the website carries here the following Newsclips:
8Russia's war idles some European mills as energy costs soar Details
8With crude hovering around $95-$130, fuel price hike inevitable Details
8Crude oil prices fall, continuing downward trend from last week Details
8India's post-pandemic eco recovery progressing well; high oil prices pose risks: Ashima Goyal Details
8Petrol, Diesel Price: Fresh Rates Announced Today; Know How Much you Have to Pay Details
8Sinopec: Development In Oil And Gas Exploration Fields Details
8Ranjit Rath picked to head Oil India Details
8Converting used face masks into oil for fuel? Details
8With crude hovering around $95-$130, fuel price hike inevitable Details
8Brunei hopes to boost oil and gas production after new discovery Details
875 small oil & gas fields on auction from April 1 Details
8Oil Prices Drop Slightly as Market Volatility Eases Details
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High feedstock prices have had has hit home now
8An HDPE plant has been shut down
8This information we have received from our petrochemical pricing team
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Details
Project Name: Greenfield LPG Pipeline Project (IOCL)
8Project Cost: Rs 711 Cr
8 lot of work was done on project was eventually shelved, it is an old story but anyways worth revisiting
Click here for more detail Details
8Despite pressure from the US, the Chinese will be very keen to invest in the oil & gas, and metals projects that have been left behind by various companies boycotting Russia.
8China is also unlikely to give up on its efforts to internationalize the yuan too.
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Details
8Find out why Russian LNG will not be impacted much by sanctions imposed by the US
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Details
8Project Name: Hyderabad District City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details. Details
8Project Name: Vijayawada District City Gas Distribution
8Project Cost: Rs 350 crore
Click here for more details. Details
Now that India has firmly embarked on a road to green hydrogen production, it is necessary to look at everything realistically.
8What kind of cost curves are we talking about?
8What are the realistic cost curves?
8And what will be the cost of new hydrogen ferrying pipelines, of building new pipelines or of reconverting new pipelines?
8When is a realistic breakeven point likely with conventional hydrogen production cost?
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Details
Ammonium Nitrate and Nitric Acid Greenfield Project 
8Cost: 1375 Cr.
8Project EventThe project is still waiting for environmental clearance, It is likely to be elicited in April 2022. RFQ for the LSTK contractor is likely to be released in April 2022..

Nano Fertilizer Greenfield Project
8Cost: 119 Cr.
8Project EventA proposal for the environmental clearance is likely to be submitted at the end of March 2022. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022-2023. The company has hired EQMS India Pvt. Ltd for environmental clearance, the proposal for the term of reference has been granted in Feb 2021. The final preparation of the EIA report is still ongoing.
Details
Analysts are claiming that upstream companies will surely stand to gain from the war
8GAIL stands to gain too for obvious reasons. If can sell two cargoes out of the US at JKM prices, it can make as much money as it otherwise earns in six months..
8But how will oil marketing companies, already impacted adversely by the fact that pump prices have not been allowed to go up when they may have to go up by up to Rs 30/litre, gain out of this crisis as this analysis says they will?
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8Selan Exploration Technology Ltd claims that it has a winning set of combinations for its three fields
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8The Russia-Ukraine war has sent the shipping industry into turmoil as it has to selected which ships will be covered by sanctions which won't.
Click on Reports for more on what the repercussions are on the shipping fleet Details
8ONGC is going to have a comprehensive relook at the Bengal basin. Find out how
 8Also, ONGC plans to drill five exploratory wells in its OALP rounds
 Click on Reports for more Details
Indian Oil Corporation seems to be caught in a tight corner over an attempt to keep a contingency plan in place even as it places an LOA on another contractor for the same job.
8Contractor default seems to be the big worry for the public sector refinery major
8But is such a move justified?
Click on Details for more. Details
Coal prices at the highest levels in 200 years.
8Clearly, with the Russia-Ukraine war, commodity markets are in great turmoil.
8Also, CO2 emission levels are back to pre-COVID levels
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8RIL is going through a bidding process for a jetty and attendant facilities
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An RIL supported research outfit has criticized economic sanctions on Russia
8It has claimed that "given the negative externality of sanctions experienced by an unrelated third parties, often the most vulnerable and the least political, it is necessary to subject economic sanctions to the same moral and political scrutiny as military action".
8It has bandied a lot of data, including the impact of sanctions on India, to make its point.
Click on Reports for more Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8LPG
8Ammonia
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply, Installation, Testing and Commissioning of Feeder for Twin Screw Pumps and associated Electrical works Details
8Supply, Installation and commissioning of Fire Detection Details
8Supply of spares of Oxygen Analyser as per tender specification Details
8Supply of Liquid Off-take (LOT) Valves Details
8Supply of Flanges for Process modification schemes Details
8Supply of Dewaxing Aid in new MS Barrels Details
8Repairing, SDBC surfacing of the approach road Details
8Providing Structural Sheds Details
8Procurement of structural steel angle channel plate and flat for GREP plant Details
8Procurement of Refrigant Mafron22 61kg General Details
8Procurement of pneumatic spare parts installed in Bagging Machines at Polymer Terminal Details
8Procurement of Pipes Details
8Procurement of multifunction calibrator for JHBDPL Details
8Procurement of Lubricant Additives Details
8Procurement of flameproof push button telephone Details
8Manufacture and Supply of Diesel Exhaust Fluid Details
8Lining up for Expert supervisory services for inspection and maintenance jobs Details
8Lining up ARC Contract with OEM Ms Standard Engineers towards Deputing Expert Details
8Disposal of used and unused items on where is as is basis lying at GSPC Guest House Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Letter of Intent (Loi) for Grant of Authorization [IGL] Details
8Update on Block MBOSDSFB802016 (B-80) Gas E-Auction [HOEC] Details
8Update on the proceedings of the meeting of Secured Creditors of the Company and Scrutinizer’s Report on e-voting [RIL] Details
You can also click on Reports for more

For reference purposes the website carries here the following Newsclips:
8RBI issues notification to operationalise $500 mn loan to Sri Lanka for petroleum products Details
8CERAWEEK-U.S. energy secretary urges companies to boost oil, gas output Details
8Putin says western sanctions will disrupt food, energy markets Details
8EU to phase out Russian energy, offer Ukraine support but no fast-track membership Details
8Crude oil price extends losses; Russia to fulfil supply contracts Details
8EXCLUSIVE-Norway's Equinor halts trading Russian oil - CEO Details
8G7 calls on oil, gas producers to boost deliveries to blunt impact on prices Details
8ONGC fails to get bids in its tender to sell Russian oil- sources Details
8Combination of duty cut, price hike must to fight crude rally: Report Details
8Reliance Industries sells CBM gas for over $23; HOEC gets $25 Details
8Gas price hikes fueling electric vehicle conspiracy theories Details
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8What was the exact price fetched by HOEC against in the bidding for 0.3 mmscmd of gas from its B-80 offshore block?
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Details
Ammonia-Urea Energy Saving Project 
8Cost: 380 Cr.
8Project EventTheProcess Design Package (PDP) development is still ongoing and expected to be received by the end of Q1 of FY 2022-23. RFQ for the LSTK contractor is likely to be re-released in Q1 FY 2022-2023. Accordingly, the services of M/s CASALE had been engaged to carry out the Process Design Package (PDP) for the ESP schemes and their integration. However, due to financial liquidity issues faced by the Company, the PDP development had not proceeded as envisaged but was resumed through a commencement of the Kick-off Meeting in December-2020.

DAP/NPK /Phosphoric acid Greenfield Project
8Cost: 500 Cr.
8Project EventThe project is under the process of environmental clearance, public hearing is likely to be started at the end of March 2022, RFQ for the LSTK contractor for the DAP/NPK plant is likely to be released in April 2022.
Details
8Rank outsider is now going to be the CMD of Oil India Ltd
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Project Name: Hassan - Cherlapally Greenfield LPG Pipeline Project (HPCL)
8
Project Cost: Rs 2166.38 Cr.                                  
8Project Description: HPCL has taken up the project of laying 649 km, 14 inch of dia, Hassan–Cherlapalli LPG Pipeline project.
Click here for more details
Project Name: Kochi-Koottanad-Bangalore-Mangalore Natural Gas Pipeline (GAIL)

8
Project Cost: Rs 5909 Cr.   
Get the latest update here
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Details
8Who are in the race to become the next OVL MD?
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Details
8HPCL's Chhara LNG terminal seems to face further roadblocks
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Details
Petronet LNG's plans include
8An FSRU at Gopalpur (big plans)
8A propane or ethane import facility at Dahej
8Propane fed petrochemical complex at Dahej
8A third jetty at Dahej
8LNG bunkering
8LNG stations (It also claims to have got the necessary regulatory infrastructure in place for this to happen)
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Details
8An offshore jack-up rig requirement is coming up
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Details
By how much does green hydrogen more expensive than grey hydrogen?
8How much hydrogen is consumed yearly in India?
8And what is the extent of green power needed to cater to this demand?
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Details
Get a very nuanced outlook on the Russia Ukraine war and its impact on the oil markets
8Indian and even the normally adventurous Chinese are holding back purchases
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Details
8By selling a cargo of HH-linked LNG at the JKM price today will make GAIL more money than the entire company earns in 4-5 months
Click on Details for more.
Details
An unseemly battle seems to have broken out between two companies which provide virtual LNG networks
8But the authorities are unwilling to take sides
Click on Reports for more.
Details
For reference purposes the website carries here the following tenders:
8Supply of Spares for Thermo Make Stack and Ambient Analyzer Details
8Supply of honeywell spares for LPG BSDS Details
8Supply of FCCU RX Thermocouple with Thermowell Details
8Supply of ER probe system for corrosion monitoring Details
8Procurement of traction batteries on buyback basis for forklifts Details
8Procurement of on off valve for 24 inch and 10 inch RLNG pipelines Details
8Procurement of fittings and tubings for instrumentation maintenance jobs Details
8Procurement of diesel forklift trucks Details
8Procurement and installation of weatherproof smart screen for gate pass system Details
8Mooring Bridle Chains for SPM Systems at SMPL Vadinar Details
8Procurement of fittings and tubings for instrumentation maintenance jobs Details
8Hiring service for PSV testing and calibration Details
8Hiring of services for supply and application of cold and hot insulation in LPG & HVJ plants Details
8Hiring of Multi Utility Vehicle (MUV) at KLL Dabhol Details
8EPCC 1 package PBR plant at refinery and petrochemical complex Details
8Dis-charging, boost charging and capacity test of battery bank Details
8Design, Engineering, Supply, Installation, Erection, Testing and Commissioning of Solar Plant Details
8Contract for Operation and Maintenance of Electrical facilities at Lumding Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Intimation regarding incorporation of a wholly-owned subsidiary company of Petronet LNG Limited Details
8Details of Loss of Certificate [RIL] Details
8Details of Loss of Certificate [Manali Petrochemical Limted] Details
You can also click on Reports for more

For reference purposes the website carries here the following Newsclips:
8ONGC floats tender for two deep-water drillships amid oil price surge Details
8OPINION: US bans Russian oil, India needs to pivot Details
8Crude oil shoots higher on US Russian oil ban, Asian shares stabilise Details
8EXPLAINER: Why gasoline prices have soared to record highs Details
8No need to panic. Oil prices could drop to $100 a barrel in two weeks: Arun Kumar Singh Chairman & MD, BPCL Details
8Oil companies to determine fuel prices: Hardeep Singh Puri Details
8Haryana MSMEs to get 50 pc reimbursement of VAT on natural gas Details
8Mukesh Ambani is stepping in to supply diesel-starved Europe Details
8CERAWEEK -'Energy transition? Leave us out,' say African energy leaders Details
8Spotlight falls on natural gas amid energy transition debate - and geopolitics Details
8Oil price falls 5 per cent, cools down from Russian oil shock rally Details
8In a first, ONGC seeks consent from TTAADC for seismic survey Details
8Global LNG demand growth shifts from Asia to Europe on Russia sanctions Details
8India's February fuel demand rises, but soaring crude may slow uptick Details
You can also click on Newsclips for more   Details
8Look like India Inc is willing to pay a big price for gas as is evident by two sets of bids which have come in for CBM gas from North Karanpura of RIL and HOEC's offshore block.
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Details
A pruned down Daman Upside offshore gas project is under clearance by ONGC
8Find out what the project will entail, and when can an RFQ date be expected
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Details
8Megha Engineering and Infrastructure Ltd has won over Rs 10000 crore worth of downstream EPC contracts in rapid succession.
8It is up against a tight schedule, so how is it going through the accreditation process for vendors as it stays under pressure to award contracts to meet deadlines.
Click on Details for more Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
8This private E&P operator is likely to release tenders for a rig and services to begin work post monsoon
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply, unloading, installation, testing and commissioning of new battery bank Details
8Supply of UPS Systems Details
8Supply of Mainline & Station Valves for Last Mile Connectivity Details
8Supply of instrumentation cables Details
8Supply of heat exchangers Details
8Re routing of 18 inch bangalore city line Details
8Pulse Eddy Current Testing of Insulated LPG Dock lines from Jetty to Plant Details
8Providing CCTV Surveillance System for Cylinder Handling Monitoring Details
8Procurement, installation & commissioning of Split Air Conditioners Details
8Procurement of Transmitter Hart Type Details
8Procurement of Coke handling systems Details
8Maintenance Services at Plg Office, CEG, GWS and MG, Fuel Sector,Wax Sector, HDTB, Offsite Maintenace and TPM Maintenance Details
8Invitation for pre tender meet for NHT GDS, DHDT and VGO HDT heaters package Details
8Hiring of forecourt management services for CNG stations Details
8Hiring of contract for services of pipeline rerouting works Details
8Cleaning of oily sludge from ETP drying beds Details
8Assistance services in instrumentation maintenance jobs Details
8ARC for O&M services of KKBMPL Details
8Annual rate contract for road repair works Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Intimation regarding incorporation of a wholly-owned subsidiary company of Petronet LNG Limited Details
8Details of Loss of Certificate [RIL] Details
8Details of Loss of Certificate [Manali Petrochemical Limted] Details
You can also click on Reports for more

For reference purposes the website carries here the following Newsclips:
8Rosneft-backed Nayara Energy put under credit watch: CARE Ratings Details
8Oil jumpy as US weighs Russia oil embargo without allies Details
8Petrol, diesel price increase on wait-and-watch mode; CNG rates hiked Details
8US says no decision made about ban on importing oil from Russia Details
8MEIL to commission 15 oil and gas rigs for ONGC by May Details
8Indian Oil Corporation to build more crude oil tanks at Adani's Mundra port Details
8Adani-IOC sign agreement for augmenting crude oil volumes Details
8FM expresses concern on rising oil prices; Puri says oil cos to decide on hike Details
8ONGC says arbitrators overcharging; urges Supreme Court to fix uniform fees Details
8Govt will not criminalise stubble burning: Environment Minister Details
8EXPLAINER: What does a US ban on Russian oil accomplish? Details
8US President Biden announces ban on Russian oil and gas imports Details
8Oil see-saws near 14-yr highs as US weighs Russia oil embargo Details
8Ukraine crisis: Shell says it will stop buying Russian oil, natural gas Details
8Russia warns West of $300 per barrel oil, cuts to EU gas supply Details
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8There was interest shown against a tender for mixing hydrogen with piped gas
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81000 HP drilling rig contract attracts a lot of bidders
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8Every other company has jumped into the hydrogen bandwagon
8Everyone now wants to help build hydrogen plants
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Details
The hydrogen sector will witness a second round of reforms.
8The first set was announced recently
Find out what they are going to be
Details
It looks like RIL is setting an upper limit to the price of domestic gas it intends to sell in the market.
8This is rare as producers would usually want to garner as high a price as is possible
The limit set however is not a modest one Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Gas prices are at frighteningly high levels
8And this is expected to completely disrupt everything around.
8JKM is not just insanely high, but also H1 Aoril, H2 April, H1 May and H2 May are also equally high.
8Also get and idea of DES JKM Derivatives prices are in London
8What is the DES Mediterranean Marker level now?
8The Middle East Marker is also equally high
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Details
Megha Engineering & Infrastructure Ltd is in the process of handing over the first lot of new-generation 2000 HP, new generation onland drilling rigs. The one that was delivered today was a High Pressure High Temperatue rig
8Megha has a Rs 6000 crore order from ONGC to supply onland drilling and workover rigs.
8Despite COVID and logistical issues that followed, the rigs are being rolled out with the help of 30 to 40 Drillmech experts (the European drilling company that Megha took over) based out of India.
8There are also dozens of Megha engineers who were involved in the rig building process.
8"We are trying to deliver the rigs as per our promised timelines, Megha said. ONGC has extended the timeline for deliveries due to COIVD and there is no LD levied on us," company executives emphasised.
8Rigs are most likely also going to be operated by Megha personnel. Also, Megha is now trying to be a global player, at highly competitive rates, and one order has come in from Mexico.
8There was a 35 minute briefing given by Megha executives on this.
8And everyone in this business must listen to it
Click on Reports for more Details
The west's real threat comes from China and not really Russia.
8And what has happened subsequent to the war is that Russia will now be forced into the lap of China.
8In the near term, China will suffer from higher energy costs and commodity prices much like other energy importing countries. The economic and geopolitical fallout pose challenges for China in this critical year of a domestic leadership transition, a time when it is seeking stability. But in the longer-term, China could benefit from higher volumes of yuan-denominated trading (should Russian sellers chose to rely on it) and greater use of China’s payment settlement system.
8Russia’s growing international isolation could also lead it to offer attractively priced gas pipeline deals to China and open up new investment opportunities for Chinese firms in Russia’s energy sector.
Click on Reports for more on how China is impacted by the war.
Details
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