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Mar 2019

8India's oil marketing companies, on account of depressed crude prices, are earning supernormal marketing margins
-- These margins are likely to make up for lower GRMs and inventory loss. This may cause a jump in profit for OMCs
8The CGD revolution is going to unleash a massive jump in business opportunities for players in the field
Click on Reports for more Details
The battle for market share for advanced biofuels in India has just begun.
8A clutch of very large foreign companies are eying the Indian market
8There are a handful of domestic players but they are likely to lose out to the multinationals
8Can the government do something to promote indigenous technology?
Find out more Details
For local seismic survey company, after the current rush of business tapers off, it can begin looking at Mynamar, where opportunities can abound
8Find out more on what India's neighbor may have to offer
Click on Reports   Details
Petrofac has been an aggressive player in India of late
8It secured its first project in India after 10 years with the $135 million motor spirit block unit in Kochi refinery last year, and a $200 million award for an SRU package
8The other big win was in April 2018, for Vendanta's Raageshwari Deep Gas Field Development Project located in Barmer for $233 million, which involves the construction of integrated gas surface facilities and includes pre-commissioning and commissioning. Under the terms of the 23-month contract, the scope of work includes well pads, flowlines and a new gas processing terminal.
Find out more on what is going on with the company's activities in India
   Details
The sales and purchase market for vessels is taking a breather
8Which will rates go from now on seems to be everybody's guess
Click on Reports for more Details
8Four companies are in the race for making the detailed Feasibility report (DFR) and providing Project Management Consultancy (PMC) services till completion of the project for Zero liquid effluent discharge in a urea company
8The technical evaluation has been completed and price bid is likely to be opened at the end of March 2019
Click on Details for bidder name Details
For reference purposes the website carries here the following tenders:
8AMC for Instrumentation Works Details
8Hiring of commercial vehicles for transportation of CNG through cascade for CGD project Details
8Metering Skids on Annual Rate Contract basis Details
8Supply of Pipes as per Specification Details
8ARC for Environmental/ Crisis Management, Inspection related Civil Works Details
8Electrical works for new shed at Uluberia LPG plant Details
8Procurement of Chart scanner Details
8Providing Construction Safety Services Details
8Hiring of trucks and trailers on need & call basis for operational activities Details
8Hiring of services for repair and maintenance of cementing units Details
8Procurement of Electrical Driven Air Compressors Details
8Hiring NPU Package for a period of two years Details
8Procurement of difference sizes of wire ropes Details
8Miscellaneous civil works at Vengaram DSA in thiruvarur district Details
8Widening of turnings and providing crossing points Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8PM Narendra Modi launches Rs 5,150 crore Ennore LNG terminal in Tamil Nadu Details
8IGL to supply piped cooking gas, CNG in three UP districts Details
8India imports more oil in 5 years of Modi govt; 10% import cut by 2022 remains a dream Details
8SOCO will not bid for Ophir Energy after original proposal rejected Details
8Australia's Woodside slows marketing of Scarborough gas on weak LNG prices Details
8Denmark: No decision yet on Russian-German pipeline Details
8Vivo Energy 2018 profit rises on higher volumes Details
8China's Sinopec close to 20-yr gas deal with U.S.-based Cheniere - sources Details
8OPINION: When insanity makes sense. Australia's best option is LNG imports Details
8Glencore Asia hires ex-Goldman Sachs oil trader for derivatives desk Details
8Azerbaijan's SOCAR begins petroleum product exports from STAR refinery Details
8Exxon raises output target for top US shale field to 1 mn barrels per day by 2024 Details
8Exxon Mobil forecasts 2019, 2020 capex of up to $65 billion Details
8Zimbabwe allows mines, others to import own fuel as shortages bite Details
8Devon Energy to cut about 200 workers; more layoffs expected Details
8Trump administration offshore drilling plan due 'in coming weeks': official Details
You can also click on Newsclips for more   Details
It looks like bad times are over for some segments of the offshore supply vessel market, at least in India.
8Rates have gone up by a whopping 50% in the offshore vessel supply market from what they were just one year ago.
8The tables seem to have turned, and good times are here for vessel owners.
Click on Details to find out what is going on. Details
8Project Name: Greenfield LPG Import Terminal Project
8Project Cost: Rs 1034 crore
8Project Description: Local protests has meant that the project which was meant to be completed in October 2017 will now be commisioned in 2019 and even deadline is not certain. Promoters are reported to be looking at a massive scale-up in the cost of the project as well. Find out by how much costs are meant to escalate
8Project Event: RFQ for the LPG pump for terminal and Jetty is expected by May 2019 instead of November 2018.
RFQ for the Mechanical and fire package work is expected by June 2019 instead of December 2018.
8Expenditure Approval: Jul/2014
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Oct/2015
8Completion Date: Q4:2020
Click here for more details for more, including key contacts Details
8Project Name: Manali Refinery BS-VI Upgradation Project
8Project Cost: Rs 497 crore
8Project Description: Chennai Petroleum Corporation Ltd along with ThyssenKrupp Industries India Pvt. Ltd as an EPCM contractor is currently undertaking contracting activities for a new FCC gasoline desulphurization unit with a capacity of 0.6 MMTPA and expansion of the DHDT unit from 1.8 MMTPA to 2.4 MMTPA at its Manali refinery. Find out who the subcontractors are. Know more on what kind of equipment are still required.
8Project Event: RFQ for the piping work for the DHDT unit and its mechanical offsite work is expected by May 2019.
8Expenditure Approval: Q4:2016
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q2:2017
8Completion Date: Q3:2019
Click here for more details for key contacts
 8An operation and maintenance contract is coming up in a gas compressor station
 Learn more, get key contacts here Details
Has the market for offshore supply vessels turned for good?
8Or, are current market rates only a temporary phenomenon?
8Clearly, latest indications are that the market seems to have turned, as offshore E&P investments have started going up smartly
8If the market has bottomed out, how far higher can these rates go, going ahead?
Click on Details for more Details
A recent change in rules on inspection of chemicals imported by ONGC could mean a huge business boost for Third Party Inspection (TPI) agencies
8Find out which TPIs stand to benefit and by how much
Click on Details for more Details
Project Name: Hydroelectric Power Plant: RM&LE Project
8Project Cost: 300 crores
8Project Description: A DPR report is getting prepared for a renovation, modernization, and up-gradation of a hydropower project. A German financial agency has been withdrawn for the funding. Owner is in now look-out for a new funding agency. An EPC turnkey contractor bid is also ahead.
8Expenditure Approval: Q2:2019
8RFQ Date: Q3:2019
8Release Date: Q3:2019
8Start Date: 2020
8Completion Date: 2022
Click here for more details for project details and key contacts
8Project Name: Greenfield Pumped Storage Project
8Project Cost: 6000 crores
8Project Description: WAPCOS is carrying out site survey activities for a 1000 MW pumped-storage hydropower project. PFR has been approved by the Ministry of Water Resources. DPR works are expected to complete by mid-2020.
8Expenditure Approval: Q4:2018
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: 2021
8Completion Date: 2025
Click here for more details for project details and key contacts Details
The methanol industry has begun lobbying hard to push methanol as a viable marine fuel
8Find out why the industry thinks it is a good bet
Click on Reports for more   Details
Get complete details in terms of work progress, commissioning dates, among others, for the
8Srikakulam-Angul gas pipeline
8Kakinada Vijaywada Nellore pipeline
8Ennore-Nellore pipeline
Click on Reports for more Details
The government is looking for a transaction advisor
8Undertaking sector-specific industry analysis including demand-supply scenario, pricing scenario etc.
8Formulation of draft auction/ allotment process including timeline, bid parameter, key terms & conditions etc.
8Assisting the Nominated Authority in conducting stakeholders’ conference and providing feedback on comments received from the stakeholders.
8These are among the many other qualifications needed
Click on Reports for more
   Details
What is the projected price of domestic gas in India up to 2020?
8Also know what kind of spot LNG prices to expect in India going ahead
8And what about term LNG contract prices for India?
Click on Reports for more Details
8Project Name: Visakhapatnam Refinery Greenfield Captive Power Project
8Project Cost: Rs 1034 crore
8Project Description: LSTK contractor BHEL along with civil contractor Power Mech Projects Ltd. is carrying out main structural civil works for the 75 MW captive power plant for the Visakhapatnam refinery. BHEL has awarded the gas turbine generator to GE Power at the cost of Rs 220 crore based on F-class technology. Moreover, the transportation of 135 MT crane from Tanda (UP) site to Vizag refinery site has been carried out by NTC Logistics India Pvt. Ltd. and erection commissioning of C&I works has been awarded to KSL Technocrats. Apart from this Kirloskar Brothers Limited has been prioritized for the supply of the boiler feed pump. 
RFQ for the supply of Hight Tension & Low Tension (HT&LT) motor is expected by May 2019.
8Expenditure Approval: Q4:2016
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q4:2018
8Completion Date: Q2:2021
Click here for more details for key contacts Details
For reference purposes the website carries here the following tenders:
8Firewater network, LPG air and service water pipeline jobs Details
8Hiring of various capacity cranes Details
8Adequacy study of process units along with mitigation & debottlenecking measures Details
8ARC for carrying out Mechanical Maintenance Jobs Details
8Carrying out Hot Repair of Cylinders Details
8Supply of valves Details
8Supply of Heat Exchanger Tube bundles Details
8Carrying out metal beam crash erection work Details
8Hiring of services for health checkup survey of onshore pipelines Details
8Hiring the Services of Caustic Solution Dosing pumps Details
8Hiring of Gas Compression Services Details
8Procurement of crossovers for well services Details
8Drilling and development of tube wells Details
8Request for Proposal for Polycarbonate/ Polystyrene Seals Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Assam Petrochemicals Limited to set up 200 TPD Formalin plant in Bongaigaon Details
8Gail chosen for Vedanta’s Barmer gas output buy Details
8Haldia Petrochemicals to invest Rs 28,700 crore in Odisha refinery Details
8PM Modi to launch energy, health projects in Karnataka, Tamil Nadu today Details
8HOEC adds another block to its northeast portfolio Details
8BRIEF: Kuwait Petroleum signs MoU with Britain for $3 bln in loans and credit Details
8Oil falls on weak demand growth outlook; OPEC-led cuts support Details
8China to form national oil and gas pipeline company: state planner Details
8Ecopetrol, Colombia sign deal for offshore bloc in Caribbean Details
8Russia needs EU guarantees on TurkStream pipeline, say PM Details
8Oil trader AOT Energy reviews Asia business plan Details
8Australia's competition watchdog warns high gas prices threaten manufacturers Details
8Torrent Power seeks LNG cargo for March delivery Details
8Libya's national oil company to reopen major oil field Details
8Sinopec prepares to buy US LNG in case govt orders purchase: President Details
8Indonesia plans to sell 10 cargoes of LNG to spot market in h1 2019 Details
8INNOVATION: Researchers find way to turn algae into fuel Details
8French energy group Total buys 10 pct stake in Arctic LNG 2 project from Novatek Details
8Chevron expects 3 to 4 per cent annual output growth through 2023 Details
8Oil falls as rising US production counters OPEC supply cuts Details
You can also click on Newsclips for more   Details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: RFQ for the Composite Mechanical erection works for Offsite & Utilities of ammonia-urea fertilizer Complex has come out and bid closing date is 28 March 2019
Click here for more details
Ammonia-Urea Energy Saving Project  
8Cost - Rs 200 crore
8Project Event: The RFQ for EPC contractor has been already been released and technical evaluation is completed but price bid has not been opened yet, finalization is due in April 2019 in place of February 2018. Tenders for major equipment and services is likely to be released in April 2019.
Click here for more details Details
ONGC is in the final stages of completion of the contracting process for the $5 billion KG-DWN-98/2 Cluster-II project.
8Who are the top seven key executives in ONGC handling this project?
Click on Details to know their names  Details
The search for a project management consultant for the KG-DWN-98/2 forced ONGC to change the weightage for the technical-cum-cost criteria.
8Clearly, putting too much weight on experience and competence can be counter-productive, it was felt
Click on Details for more Details
ONGC had used the technical-cum-cost criteria for the first time in the selection of jackup rigs in a recent tender.
8The technical to commercial weightage was in the ratio of 25:75
8Eventually, only one rig had the lowest bid in relation to the other technically qualified bid and others had to match that bid.
8Find out how all the bidders scored under the technical cum commercial bidding process
Click on Details for more Details
ONGC chairman Shashi Shankar is breaking from past practices to introduce new concepts to expedite contracting processes within ONGC
8Sources said that two new measures which ONGC is introducing are
-- One-on-one post bid conferences
-- Purchasing from empanelled vendors
Click on Details for more Details
Intecsea is the Owner Management Consultant for ONGC for the $5 billion KG-DWN-98/2 project.
8But it looks like the E&P major is increasingly disappointed by its performance, so much so that the consultant was issued a show cause notice recently.}
8Will the appointment of a Project Management Consultant likely to further clip the wings of Intecsea?
Click on Details for more
   Details
India's captive power base is large and rapidly expanding.
8The website has used trained mechanical engineers to put together what is India's most extensive captive power knowledge base.
The following details are covered:
8For new projects:
-- Planning to commissioning schedules (multiple tracking from pre-feasibility to commissioning)
-- Milestone events and dates (Capital approval, RFQ dates, release date, start and completion date)
-- Key project developments
-- Project requirements (timing and requirement parameters for key equipment and services)
-- Project contractors and sub-contractors and their requirements
-- Details of key decision makers
-- An easy to use archiving system
-- Planned and unplanned maintenance
8The facility database covers installed and upcoming industrial facilities where the projects are located, and includes:
-- Primary & Secondary NIC codes
-- Utility matrix
-- Transportation matrix
-- Raw material matrix
-- Technology licensors
-- Design and actual capacity tables
-- Up to 10 key department head contacts
8There are dozens of other details in our database
Get in touch with our marketing department for more Details
8Project Name: Greenfield LPG cavern storage Project
8Project Cost: Rs 702 crore
8Project Event: RFQ for the PMC contractor is expected by May 2019.
8Expenditure Approval: Q1:2018
8RFQ Date: May/2019
8Release Date: Jun/2019
8Start Date: Q4:2019
8Completion Date: Q4:2022
Click here for more details
8An annual rate contract for civil works
Click on Details for more, including key contacts Details
How are the dynamics of GAIL's 5.8 MMTPA offtake of US LNG working itself out?
8GAIL makes money on its US LNG only if crude prices stay above $60.bbl and when Henry Hub prices are at $3/mmbtu
8The gas major, however, has been able to ensure that even at lower crude prices, it is protected
Find out more click on Report. Details
GAIL's monopolistic gas pipeline network makes it easier to switch gas from low tariff to high tariff pipelines
8Find out how the gas major has made a lot of money doing just that over the last five years
8Aided by likely tariff increases, GAIL's gas transmission business profits are expected to soar
8Then again, there is anticipation that a uniform tariff ruling will come in within the next 6-8 months.
Click on Reports for more Details
Fresh data seems to suggest that the total capex commitment in the offshore oil & gas market is expected to more than double in 2019 compared to last year, according to latest estimates.
8Oil field services' spend is expected to go up, albeit at a slower pace.
Click on Reports for more Details
Two countries facing US sanctions -- Iran and Venezuela -- have a lot to do with India.
8The year is 2007. Iran was India’s second-largest source of oil imports, totaling 367,000 barrels per day (bpd). The country is a stone’s throw from India, so close that both territories shared a land border before India’s independence from the British.
8In comparison, India’s imports from Venezuela are a paltry 28,000 bpd in comparison, not surprising since Caracas is about 10,000 miles from New Delhi.
8Cut to 2013. India’s oil imports from Venezuela skyrocket to 441,000 bpd, accounting for 12 percent of the country’s total oil imports. Meanwhile, imports from Iran plummet to 200,000 bpd
8Suddenly, Venezuela doesn’t seem so far away.
8In February 2019, India is poised to become Venezuela’s largest cash market for oil exports, amid recently announced US sanctions.
8What caused this rather sudden and unexpected reversal of roles?
Click on Reports for more   Details
Find out more on how an Indian company was able to provide a 100% biomass boiler to replace a FO based boiler in a vaccine plant.
8Fuel costs were reduced by 30%
8What is more, full automation ensured just 3 people can run the entire plant
Click on Reports  Details
Led by Pranav Adani and backed by a favourable Supreme Court order, Adani Gas put up a strong case for retaining their Udaipur and Jaipur city gas properties
8But the company was found wanting in its intentions
8Find out how Adani Gas lost the battle to control their hold on the two cities
Click on Reports for more Details
The Power Purchase Agreement for our gas-fired power plant expired in December 2018.
8But the private sector promoter still believes this is an excellent asset and it continues to explore long-term options for the project, although the lack of affordable natural gas makes this challenging.
Click on Reports for more Details
Find out more on Dev Mohanty, an enterprising Oriya, who built a global oil & gas business based out of the Gulf
8And on the way, Mohanty, who yields clout in New Delhi's corridors of power, diversified into many other related areas, some of them from out of India
Click on Reports for more Details
8Low LNG prices in the midst of an oversupply position seems to be deterring FIDs for new LNG projects. Many LNG projects have missed their deadlines, some are in fact facing cancellations. Click on Reports for more
8Bearish prices are not just due to a glut in LNG but also because of a sharp increase in gas pipeline capacity and delivery. Also, in December, an incremental 43 bcm/y of gas capacity increase materialised (or an added 1% of total yearly supply in just a month or a whopping 15% on an annual basis) at a time when seasonal demand in Asia and Europe did not pick up due to above normal temperatures. Click on Reports for more
8Meanwhile, domestic natural gas production from existing or already discovered fields in India is expected to increase to around 130 MMSCMD by FY2022 and 147 MMSCMD by FY2027 whereas the gas demand will rise to around 290 MMSCMD by FY2025 from the current demand potential of more than 230 MMSCMD. Accordingly, the outlook for LNG demand remains ffavorabledue to a widening domestic gas deficit. Click on Reports for more
8India's regas capacity can double in five years. Click on Reports for more
8Find out the story behind how NOVATEK has emerged as the new major player on global LNG market. Click on Reports for more Details
8There has been a lot of buying and selling activity in the crude oil tanker business of late.
 - A large number of sales are expected shortly.Click on Reports for more
8Get a complete update on the global ship breaking industry and where it is headed. Click on Reports for more
8Most shippers are installing scrubbers to part of their fleet to build up step by step knowledge. Scrubber installation has led many to believe that “early movers will make a scrubber profit” while “late movers will make a scrubber saving”. Last but not least, many ship-owners that have their vessels on long time charters have considered the option to include a clause in their charter parties, for charterers requesting a scrubber vessel, to pay for it through hire agreement.Click on Reports for more
 8With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of0.5% sulphur content does not yet exist physically nor financially. Thus, there is technical and financial planning to be involved for a shipping company.Click on Reports for more
 8Demand for methanol is expected to grow sharply in the shipping industry, if the IMO were to tweak its regulations.
 Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply & installation of high masts with FLP panel and LED lights Details
8Restoration works for abandoned locations Details
8Supply of Steel Plates to ROs under EZ Details
8Bid document for the STC (safety and technical competency) training Details
8ARC for Heat Exchanger/ Cooler / Reboilers/ Condenser/ Air Preheaters/ Finfan Coolers Overhauling & Testing Jobs Details
8Supply of Ceramic Fibre Module, Blankets, Anchors and Vacuum Formed Sight Doors for CDU-2 Heater Details
8HT & LT electrical works at haveli installation Details
8Civil & structural works for pre-project activities for refinery Details
8Effluent Treatment Plant for construction of POL terminal Details
8Transportation of ATF Ex Haldia Details
8Transportation of ATF Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Rs 9,000 crore gas-grid project for North East, Bengal: Dharmendra Pradhan Details
8Oil minister Pradhan launches several oil & gas projects in Tripura Details
8Nitin Gadkari’s units to produce green fuel for tractors in Vidarbha Details
8India’s crude oil imports from Iran declined 6.5 per cent in January Details
8IGL selects Genesis Gas Solutions for prepaid metering system Details
8Crop residue burning main culprit behind Delhi air pollution: Study Details
8India's diesel demand to hit record highs in 2019 as country goes to polls Details
8Lenders make a beeline for IOC loan blockbuster Details
8Investor rush for high dividend yield stocks lifts Bharat 22 ETF returns Details
8Aviation Turbine Fuel price hiked by 8.1%, still costs less than petrol, diesel Details
8ONGC, Vedanta, OIL among 14 firms selected for awarding 23 oil and gas blocks under DSF-II Details
8R Kesavan appointed CFO of HPCL Details
8ONGC to invest nearly Rs 13000 crore in Assam in next five years Details
8Rs 1.2 lakh crore investment committed in city gas rollout over 8-10 years Details
8Piped gas to cover 70% of India's population: Oil minister Dharmendra Pradhan Details
8Assam to develop into a hydrocarbon hub, says petroleum minister Pradhan Details
8Slowing global growth, high oil prices could derail India's economic growth Details
8AG&P plans to invest Rs 10,000 crore in India city gas business Details
8Financial bids for Pawan Hans to be submitted by March 6 Details
8Essar Oil & Gas gets environment clearance to begin shale gas exploration Details
8Earth scientists to explore new mineral, oil and gas resources of India Details
8Oil regulator rejects Adani Gas' application for CNG retailing in Jaipur, Udaipur Details
8China to produce 30 bcm of biogas, replace coal in rural regions Details
8US Oil imports at 23-year low, as Opec nations cut shipments Details
8Russia's Novak says too early to say if global oil output deal will be extended Details
8Phoenix-CNOOC team up with Philippines' PNOC on LNG hub project Details
8Russia's Rosneft sticking to quotas on oil output cuts Details
8U.S. oil rig counts falls to lowest since May 2018 -Baker Hughes Details
8U.S. fine with global crude oil supply amid Iran sanctions -envoy Details
You can also click on Newsclips for more   Details
Coal Gasification Unit Greenfield Project:
8Cost - Rs 4750 crore
8Project Event: A Chinese company beats others to the race, including a couple of competent Indian companies
Click here for more details
Ammonia-Urea Revamp Project   
8Cost - Rs 6000 crore
8Project Event: The erection and installation are ongoing for ammonia converter in the ammonia unit and 94 % physical progress has been completed. The commissioning has been delayed by 8 month due to delay in the construction, now the plant is likely to be commissioned by September 2019 in place of December 2018.
Click here for more details
(These links are available only through our sister website, www.indianfertilizer.com) Details
8Project Name: Panipat-Ambala-Jalandhar-Una Product Pipeline Expansion Project
8Project Cost: Rs 151 crore
8Project Description: The project was scheduled to commission by September 2019 but now it is expected to be commissioned before its scheduled date.
8Project Event: RFQ for the pre-commissioning work is expected by mid-week of April 2019.
8Expenditure Approval: Q1:2016
8RFQ Date: Apr/2019
8Release Date: Apr/2019
8Start Date: Q2:2017
8Completion Date: Jul/2019
Click here for more details
8Project Name: Kalaburagi Greenfield POL Terminal Project
8Project Cost: Rs 140 crore
8Project Event: RFQ for the steel plates is expected by May 2019.
8Expenditure Approval: Q2:2017
8RFQ Date: May/2019
8Release Date: May/2019
8Start Date: Q3:2018
8Completion Date: Q3:2020
Click here for more details
8Pigging and cleaning work for a gas trunk line expected soon
-- Contract period can be 36 months
Click on Details for key contacts and project information. Details
8Project Name: Water Injection Platform
8Project Cost: Rs 2100 crore
8Project Description: Oil and Natural Gas Corporation Limited's EPC contract for the construction of a Water Injection Platform (WIS) at Western Offshore Basin seem to have grabbed the attention of several contractors.
8Project Event: LOI is expected to be awarded by the end of May 2019
8Expenditure Approval: Q1/2018.
8RFQ Date: Jan/2019
8Release Date: Mar/2019.
8Start Date: Q3/2019
8Completion Date: Apr/2021
Click here for more details Details
ONGC's D1 and Neelam-Heera seismic update: Find out more.
8Oil and Natural Gas Limited's tender of the Hiring of services for 4C-3D OBN data processing and interpretation of data being acquired in D1 and Neelam-Heera areas of Western offshore has received some attention from the seismic data community
8ONGC commissions Sonamura GCS : Find out more
Click on Details for more Details
January imports of LNG are down a surprising 11% over the same month last year
8Domestic gas available for sale too was down 3%
8What explains the fall in gas offtake?
Click on Reports for more Details
8There is a demand for 100,000 BBLS of light crude oil has come up. Click on Report for more.
8Trane, a global leader in heating, ventilation and air conditioning (HVAC) systems and a brand of Ingersoll Rand, has launched its High Speed Magnetic Centrifugal chillers
(HSWA) at ACREX India 2019. Click on Report for more.
8More than 50 percent of the mobility industry’s revenue is likely to be in “disrupted” business areas by 2030.Click on Report for more.
8Get the full list of solar energy vendors and LSTK contractors along with their contact numbers here click on Report.
8For ABB, India is their bright spot in business generation. Click on Report for more.
8Janaury production, import and export of petroleum products data. Click on Report for more. Details
Well supplied LNG market due to new capacity and warm winter has resulted in low gas prices throughout this winter season.
8LNG prices are now at 17 months low and 3 year low versus Brent price.
8Historically, Asian LNG prices (JKM) has been trading at a premium to European gas prices (NBP/TTF)
8But this winter season, the spread has been negative meaning it was uneconomical to shift LNG to Asia
8Know more about what was different this winter compared to others as for as LNG supply-demand and prices are concerned.
Click on Reports for more. Details
The much-anticipated dip in supply post-2020 will soon afterward be replaced by a glut again.
8This will mean that prices will continue to be under pressure
8The LNG freight market, meanwhile, witnessed a lot of volatility, with a sharp rise and then a fall in prices.
8The freight market, however, is expected to stay tight as there are few available vessels before 2020
Click on Reports for more Details
The LPG freight market seems to be going through a bit of turmoil
8Record additions of newbuilds have not been met by rising volumes
Click on Reports for more Details
Global ethylene capacities are rising, stifling cracker margins
8Petrochemical prices are under pressure as supply additions have outpaced demand
8Cracker margins slipping for naphtha below their five-year average
8Overall, narrowing margins will impact the bottomline of petrochemical players
Find out what the forecast is for petrochemical prices for 2019. Click on Report. Details
Discovered small fields can be a goldmine for the companies who grabbed them
8Get then worked over, and they are ready to produce
8Two such fields in Assam are now ready for sale of output
Click on Reports for more   Details
For reference purposes the website carries here the following tenders:
8Carrying out hot repair of ex-LPG bottling plants Details
8Supply of Lithium Hydroxide to Mazgaon and Silvassa Terminals Details
8Carrying out Pipeline works at haveli terminal Details
8Supply of Exchanger Tubes at refinery Details
8Rendering of Support Service on round the clock basis for Maintenance of Coke Cutting System Details
8Supply of 650 Short Ton Rated Rotary Swivel Details
8Supply of drill collars and lifting plugs Details
8Supply of Citric Acid for a period of one year Details
8Hiring of LP Mobile Steaming Unit Details
8Procurement of Level transmitters for oil storage tanks of production installations Details
8Procurement of Magnetic Flow meters Details
8Hiring of services for Repairing and Anti-corrosion treatment of Radiators Details
8Procurement of oil level Interface level and temperature Control valves Details
8Providing civil works at 'KPEI' drill site Details
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For reference purposes the website carries here the following Newsclips:
8GAIL evaluating buying stake in Adani's east coast LNG terminal Details
8Core sector growth falls to 19-month low of 1.8 per cent in January Details
8Cabinet okays ethanol projects' funding Details
8Oil rises on OPEC supply cuts, but surging US output and economic slowdown weigh Details
8U.S. crude oil output falls in Dec for first time since May: EIA Details
8Alberta premier warns energy bill could hurt slumping oil sector Details
8Shell, PetroChina JV Arrow wins leases for big Australian gas project Details
8CNPC to build new shale oil field by end of year Details
8Novatek, Shell see Russian gas keeping edge in Europe over US Details
8SoCalGas raises estimated cost of Aliso Canyon natgas leak to $1.06 bn Details
8OPINION: Even China may not be able to soak up all 2019's new LNG Details
8UAE's Fujairah oil hub starts to offer cleaner marine fuels ahead of new rules Details
8Softer crude to pull petrochemical prices down in 2019: CRISIL Details
8No gas? No votes. Subsidy cuts imperil Ukraine leader's reelection bid Details
8Oman signs oil agreement with Occidental Oman for Block 72: Ministry twitter Details
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