Ammonia-Urea Expansion Project 8Cost - Rs 150 crore 8Project Event: The project has been elicited the environmental clearance in Jan 2020 but they were waiting for the gas connectivity, and that is now conformation that it is expected in May 2020. RFQ for the EPC contractor is likely to be released in June 2020. Click here for more details Single/Triple Super Phosphate Greenfield Project 8Cost - Rs 25 crore 8Project Event:The project has sufficient fund to progress, but still internal discussions are on before capital approval is given. RFQ for the contractor is likely to be released at the end of May 2020 in place of Feb 2020.. Click here for more detailsDetails
OIL is going ahead with production testing in its NELP-VI block KG-ONN-2004/1 and is looking for As a part of the exploratory campaign NELP-VI block: KG-ONN-2004/1. 8The wells have already been drilled and hydrocarbon is established in both the wells in the first phase of the campaign 8New zones are to be tested and RFQs are out Click on Reports for more
Details
OIL is going ahead with production testing in its NELP-VI block KG-ONN-2004/1 and is looking for As a part of the exploratory campaign NELP-VI block: KG-ONN-2004/1. 8The wells have already been drilled and hydrocarbon is established in both the wells in the first phase of the campaign. 8New zones are to be tested and RFQs are out. Click on Reports for more
Details
For the next 21 days, oil sector executives are going to work from home 8China had done it already 8What are the standard operating procedures coming out of the Chinese experience? Click on Reports for more
Details
What is the latest update on LNG liquefaction projects globally now that the coronavirus is ripping through the globe? 8The outlook is grim for now, it seems Click on Reports for more
Details
Get the full list of Independent External Monitors that you can approach for grievance redressal in public sector companies 8New set of monitors have been appointed Click on Reports for moreDetails
8Project Name: Bokaro CBM Block Development 8Project Cost: Rs 910 crore There is movement in this block after a dispute with a Coal India subsidiary lead to a re-drawing of the project feasibility report 8Project Event: RFQ for an equipment and services are expected by August 2020. Click here for more detailsDetails
8Project Name: Kharsang Drilling Field Development 8Project Cost: Rs 720 crore. 8Project Description:The operator GeoEnpro Petroleum Limited's plan for a 40 development well and 05 exploratory and appraisal wells in Kharsang seems to been stuck amidst the controversy in between 2 participating interest holders.The procurement process is still under process. In the meanwhile, a revised field development plan and production sharing contract have been recommended from management committee's end for approval by Government of India, some clarity on the battle among stakeholders is available but unless the dispute is amicable resolved, it is unlikely that much progress will be made on the development plan Details
8Project Name: CB-ONHP-2018/2 Block Exploration 8Project Cost: Rs 384 crore. 8Project Description:The bid eligibility criteria has been changed for an ongoing RFQ Also know more about when further RFQs are going to come out Click here for more detailsDetails
Crude oil production during February was a whopping 16.99% lower than target and 6.41% lower when compared with February 2019. 8Gas output was 17.02% lower than the monthly target and 8.78% lower when compared with February, 2019. 8Clearly, something is dramatically going wrong on the domestic production front. 8But are we better off producing less than more?
Details
For reference purposes the website carries here the following tenders: 8Supply of Instrumentation Tubes and Fittings Details 8Procurement of Plug ValvesDetails 8Enquiry for Empanelment of Consultants Details 8Project Management Consultancy Services for Construction of Retail Outlets Details 8Carrying out ultrasonic thickness testing of crude oil and fire water storage tanks Details 8Annual Maintenance Contract for Electrical Maintenance Works Details 8ARC for Re-Conditioning, Fabrication and Supply of 56 inch Suction Strainers of Cooling Tower Pumps Details 8Supply of Gas Turbine Oil to Panipat Refinery and Petrochemical Complex Details 8Supply of Valve check (Dual plate type) Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Fuel prices frozen for the eighth day, government increases cap on excise duty Details 8Jet fuel refining margins turn negative as airlines ground fleets Details 8Coronavirus: Minister Pradhan asks PSUs to ensure supply of essential goods not affected Details 8Coronavirus: Vedanta Ltd announces Rs 100-cr fund to fight pandemic Details 8Moody's places Vedanta rating under review for downgrade Details 8Indian state refiners cut runs on weak demand Details 8Moody’s downgrades ONGC, outlook remains negative Details 8Moody’s places Vedanta’s corporate ratings under review for downgrade Details 8Pune: From today, petrol, diesel only for vehicles providing essential services Details 8Indian Oil customers can now use Paytm to pay for LPG cylinders at petrol pumps Details 8LPG supplies normal in TN & PY, no need for panic booking: oil companies Details 8Russia set for record high ESPO Blend oil loadings from Kozmino in May Details 8Chevron to cut 2020 spending by $4 billion, trims Permian production guidance by 20 per cent Details 8Millions of job losses in coming weeks as global GDP set to fall 0.4 per cent: Moody's Details 8Excise duty on fuels to go up by Rs 8 per litre to fund Covid-19 fight Details 8In oil market standoff with Saudi Arabia, weakened rouble helps Russia Details 8Saudi Arabia tanker power play could backfire as oil demand shrinks Details 8UK`s gas prices edge higher with wind power output set to dip Details 8Sinopec Oilfield Service plans 18 per cent boost to 2020 capital spending Details 8Latin America's oil producers sweat to cover costs as price war takes toll Details 8UAE's SNOC says Mahani 1 gas project startup to be delayed slightly Details You can also click on Newsclips for moreDetails
The shock of the shutdown will have huge repercussions. 8A discontinuous shift in the preferences and expectations of individuals as citizens, as employees, and as consumers. These shifts and their impact on how we live, how we work, and how we use technology will emerge more clearly over the coming weeks and months. Institutions that reinvent themselves to make the most of better insight and foresight, as preferences evolve, will disproportionally succeed. 8Find out more on what you can learn from the experience
Details
It is time for all of us to get real about the coronavirus impact. 8How long will the lockdown last? This is difficult to predict but we can surmise from the Chinese experience. 8This website spoke to a prominent oil & gas gas company executive who was based out of Delhi but was in China when the outbreak happened 8Find out what is his experience sitting in Shandong province. almost 1000 km from epicenter, Wuhan. Shandong also had a big outbreak of the virus. There are some do's and dont's suggested by him for us. 8Meanwhile, in India, a government agency has suggested a prophylactic that medical professionals and those exposed directly can use. It has been found to be effective. Click on Details for more.
Details
Project Name: Polyol Project at Kochi Refinery 8Project Cost: Rs 8967 crore 8Project Event: RFQ for the EPC contractors is expected in Q3:2020. Click here for more details Project Name: Rayagada Greenfield LPG Bottling Project 8Project Cost: Rs 92 crore 8Project Event:RFQ for the pre-commissioning and commissioning work is expected in May-2020. Click here for more details.Details
8Project Name: East Godavari District (except area already authorized) City Gas Distribution 8Project Cost: Rs 330 crore 8Project Description:Godavari Gas Private Limited, a consortium of APGDC, GAIL Gas Limited and HPCL has been granted permission on August 14, 2015, has set up a CGD network in East Godavari district in state of Andhra Pradesh. But further RFQs are expected Click here for more details 8Project Name: West Godavari District City Gas Distribution 8Project Description:Permission was granted on August 14, 2015, and here too RFQs are expected Click here for more details.Details
Petronet LNG is still taking deliveries of LNG, it is learned 8But demand has slowed down, the company claims Click on Details to know which sectors have already been hit most
Details
Data has begun coming in from China on how the country has been tackling the disease. Studies are now being done and findings reported. 8The information carried here shows that if there is strict surveillance, the rate of spread is low, even within the same household. 8Btu the problem is somewhere else Click on Details for more
Details
For reference purposes the website carries here the following tenders: 8Supply and commissioning of Hydrocarbon Vapour Detectors for Ethanol and MS Products Details 8Supply of Baffle Plates and Pre-cut Valve Support Plate for Deaerator at refineryDetails 8Supply of Asco make Solenoid valve installed in Turbine trip service of Recycle Gas Compressor Details 8HAZOP Study of Process Units at refinery Details 8ARC for Dry Ice Blasting in tubes Furnaces, Boilers and Heaters during shut down at refinery Details 8Assistance in upkeepment of Shutdowns Porta Cabins during forthcoming shutdown of various units Details 8Supply of Drager Gas Detection Tubes at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8IGL rationalises CNG operations; shuts 2/3rd outlets as demand drops on corona lockdown Details 8Complaints of alleged corruption/ irregularities against Petronet LNG CEO: Pradhan Details 8Low crude oil prices cast a shadow on India’s oil and gas E&P prospectsDetails 8Petrol, diesel prices can be increased further Details 8Govt gets nod to raise excise duty on petro, diesel by Rs 8 in future; Parl approves Finance Bill Details 8IGL to operate only 55 CNG stations in Delhi-NCR till March 31 Details 8Demand for LPG cylinders rising in NE, IOC urges people not to panicDetails 8Coronavirus impact: Oil price slides toward 2003 low on demand shock Details 8Global oil and gas majors announce major spending cuts as industry stares at oil at $30 Details 8OPINION: The decline and fall of the Gulf’s oil empire is looming Details 8US diesel cash prices latest to slump from coronavirus fallout Details 8Russia's Rosneft to simplify share buyback process Details 8Seismic firm Polarcus' project cancellations highlight oil price slump Details 8UBS slashes oil price, demand forecasts on mounting stocks Details 8Norway postpones oil fund policy paper due coronavirus outbreak Details 8Russia to give Belarus oil discount, ready to restore supplies from April: sources Details 8Brent crude extends fall as coronavirus shutdowns sap demand Details 8Fuel prices remain unchanged for seventh day Details 8OPINION: Oil slump overwhelms hedge-fund short covering: Kemp Details 8BlackRock no longer in the race for ADNOC's gas pipeline assets: sources Details You can also click on Newsclips for moreDetails
Not all Indian gas producers are perturbed by the fall in oil & gas prices 8Here is one company which claims that no matter how low prices can go, it will still stay profitable 8It is not just because it has water tight gas supply agreements at good priecs but also because its breakeven price is incredulously low Click on Reports for more
Details
Standard SOPs for government ministries to deal with the coronavirus are now being put in place 8One such economic ministry has put standards in place not just for itself but also for public sector companies working under it. Yet another government agency has issued detailed instructions Click on Reports for more
Details
Ammonia-Urea Energy Saving Project 8Cost - Rs 380 crore 8Project Event: The Company will be undertaking significant debt-funded capex to meet energy consumption norms applicable under NUP-2015 from FY2021 onwards. The capex for the project is around Rs. 380 crores and is to be funded in a debt-equity ratio of 70:30. The loan is likely to be approved in May 2020. The finalization of the contractor is also pending, it is likely to be finalized in May 2020. Click here for more details Granular Single Super Phosphate Greenfield Project 8Cost - Rs 148 crore 8Project Event: The project is in the initial phase, and the proposal for the environmental clearance has been accepted, review is ongoing, It is likely to be elicited in April 2020, Discussion is ongoing, RFQ for the EPC contractor is likely to be released in May 2020. Click here for more details (Available only through www.indianfertilizer.com)Details
Tractebel is very active in the city gas distribution space 8Here are details of two new first phase-1 projects where it has grabbed the PMC contracts 8RFQ dates are coming up ahead Click here for more details and Click here for more detailsDetails
There is no substitute to experience as ONGC is finding out much to its chagrin 8It plans to induct as many as 72 retired hands in two of its assets Click on Details for more
Details
The Coronavirus is changing work habits in more ways than one 8Oil & gas agencies with public dealings are now going to work with industry stakeholders through video conferences 8"We will see, if this is more convenient, instead of people traveling to an office, and then we make it a rule rather than an exception even under normal circumstances," one official said. Click on Details for more
Details
Unlike in the case of the judiciary, The PNGRB will not entertain a public interest litigation 8Who is an affected person or an interested person who can lodge a complaint with the regulator is now being more rigidly defined by the regulator. Click on Reports for more
Details
GAIL claims that merely recognizing that benchmarking product pipeline tariff to the principle of equivalent rail distance is enough will not capture all the nuances involved in this pricing system. 8To truly reflect the situation on the ground, there is a need to take into account additional surcharges that are worked into rail tariffs 8The gas major meanwhile justified the principle of taking equivalent rail distance rather than actual pipeline distance but said more was needed to be built to the pricing matrix over and above this assumption. Click on Reports for more
Details
VLCC rates have begun to fall after hitting all time highs. Crude storage is at a record high, find out how much of it is in floating stocks 8Meanwhile, as crude prices fall, renewed attempts are being made by members of the OPEC cartel to work out a deal as low prices are hurting everyone. 8Also, Saudi Arabia's attempt to bring US shale manufacturers to their knees may take longer than expected. 8Low prices may eventually not work in anybody's favour, it seems Click on Details for more.
Details
8Project Name: Sarupathar Exploratory Drilling 8Project Cost: Rs 900 crore 8Project Description:Oil and Natural Gas Corporation Limited's RFQs for the 45 wells exploratory drilling project at Titabar ML, Borholla ML, East-Lakhibari ML, East-Lakhibari Ext. ML, Kasomarigaon ML, Khoraghat Extn ML, Nambar ML, Golaghat Dist. PEL Golaghat Extn II A PML areas of Jorhat and Golaghat districts of Assam are expected to be delayed. When are they expected now? Click here for more detailsDetails
8Project Name: KG-OSN2004/1 and GS-49-2 fields integrated development 8Project Cost: Rs 3916.57 crore 8Project Description:Oil and Natural Gas Corporation Limited has floated the RFQs for the hiring of a project management consultant for the KG-OSN2004/1 and GS-49-2 fields in Eastern Offshore Basin. Overall workscope will involve preparation of technical bid packages based on the pre-FEED, provide support during tendering for EPIC packages 8Project Event: RFQ for hiring an EPC contractor for offshore platforms and subsea pipelines is expected by April mid 2020. When is the RFQ EPC contractor for offshore platforms and subsea pipelines expected? Click here for more detailsDetails
If you were meant to lay a 42-inch diameter pipeline but end up shrinking the size to 18 inches, is there a penalty to be paid? 8What kind of tariff rates will you be entitled to? Are you entitled to do a bidding process for the pipeline tariff and then seek a post facto authorization? 8If it is a partially laid pipeline, can the authorization be cancelled? Click on Reports for more
Details
There are fresh details on Nayara's 10.750 MMTPA expansion of the Nayara refinery in Vadinar 8The total refinery-and-petrochem expansion is pegged at Rs 1.30 lakh crore Click on Details
Details
For reference purposes the website carries here the following tenders: 8Supply, Installation, Testing & Commissioning of Web Security Appliances Details 8Supply of Pressure VesselsDetails 8Carrying out Quantitative Risk Analysis and HAZOP Study Details 8Realignment of Pipelines Details 8Annual Rate Contract for Operation and Maintenance of Mechanical Workshop at Panipat Naphtha Cracker Details 8Supply of SS Hoses Assembly and Associated fittings at refinery Details 8Supply of Molykote Super and anti-Seize Spray at refinery Details 8Annual Inspection, Maintenance and Revalidation of Tank wagon siding fall arrestor system at Ongole depot for 3 years Details 8Study on Environment Impact Assessment of refinery Details 8Procurement of Spares for Schneider make Triconex PLCs Spares installed in various units at refinery Details 8Procurement of Anti Corrosive Spray WD-40 at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil prices can go as low as $20 per barrel, level not sustainable for any country or company: K Ravichandran, ICRA Details 8Steep capacity cut leaves airlines with overhedged jet fuel headache Details 8Oil refiners reduce output as coronavirus kills fuel demand Details 8Petrol, diesel prices remain frozen for fifth day Details 8Petroleum dealers in Karnataka to shut sales for 12 hours on Janata Curfew Details 8Indian oil to continue operations at critical facilities amid Coronavirus outbreak Details 8Rupee payment mechanism with Iran working well amid coronavirus pandemic: UCO Bank Details 8Maharashtra: Fuel pumps count 30 per cent dip in sales over a week Details 8Petrol, diesel costlier in Rajasthan after VAT hike by governmentDetails 8Coronavirus: India to save $45 billion on oil imports next fiscal, says CIIDetails 8Oil falls more than $1 as coronavirus spreads Details 8Starting Monday, petrol pumps to operate from 7am-7pm Details 8IOC becomes 1st company to begin supply of BS-VI fuel across country Details 8Azerbaijan's BTC pipeline Jan-Feb oil exports down 7.3 per cent yr/yr Details 8OPEC supply curbs, U.S. measures could support oil prices near term: Goldman Details 8Italy's Snam takes steps to guarantee gas flows during coronavirus outbreak Details 8Asian National Oil Companies need Brent crude at $57 to break-even in 2020-2021: Wood Mac Details 8Qatar eases exit restrictions on migrant employees in the oil and gas industry Details 8Crude oil futures gain 2.68 per cent on global cues Details 8How low can oil go? One forecast sees $5 a barrel Details 8Asian LNG spot prices rise but lower European demand could boost flows Details 8India to top up strategic oil reserve with cheaper crude Details 8Top trader Vitol expects oil demand to fall more than 10 per cent amid lockdowns Details 8OPEC's Barkindo says he spoke with Texas regulator about oil market Details 8Oil firms cut hundreds of jobs in Texas and New Mexico as prices crash Details 8Late-day moves shake up 'crazy' crude oil market Details 8Oil falls back as Russia rejects Trump's intervention in price war Details 8France's Total renounces rights to deep water block in Mexican Gulf Details 8US to send envoy to Saudi Arabia; Texas suggests oil output cuts Details 8Coronavirus, gas slump put brakes on Exxon's giant Mozambique LNG plan Details You can also click on Newsclips for moreDetails
The PNGRB's attempt to tinker with the product pipeline tariff structure will not help, say stakeholders 8Frequent mid-course corrections are not good for the industry, it is argued Click on Reports for more
Details
What are the real implications of falling crude prices on India? 8If prices move in the $35-40 per barrel band, the oil import bill would fall ~8% on-year in fiscal 2020 and 35-40% in fiscal 2021. 8The benefit of lower crude prices may not be completely passed on to the end consumer on account of excise duty hikes. However, they will still stand to gain. 8Find out more on how everyone will be impacted Click on Reports for more
Details
Ammonia-Urea Energy Saving Project 8Cost - Rs 300 crore 8Project Event: The project is likely to elicit the environment clearance in April 2020. RFQ for the EPC contractor is likely to be released in May 2020. Click here for more details Sulphuric Acid and Captive Power Unit Expansion Project 8Cost - Rs 300 crore 8Project Event: RFQ for the EPC contractor is likely to be released in May 2020. Click here for more details (Availabe only through www.indianfertilizer.com)Details
8Project Name: Ramol Greenfield Quick Production System 8Project Cost: Rs 18 crore 8Project Description:Oil and Natural Gas Corporation Limited has awarded the LSTK contract for the construction of Ramol Quick Production System Find out who won it and what is ahead Click here for more details 8Project Name: Kasomarigaon Drilling Project 8Project Cost: Rs 625 crore 8Project Description:Oil and Natural Gas Corporation Limited is yet to award the LSTK contract for Early Production System at Kasomarigaon. Currently, the tender is price bid evaluation stage and is expected to be awarded by April mid 2020. RFQs for the hiring of an LSTK contractor for a Group Gathering Station at the SUAB drill site and laying of pipeline are planned to be released by June 2020. Furthermore, the owner has awarded the contract for the hiring of EIA services to Gurgaon based AECOM India Private Limited. As of now, project proponent, has not received any slot for the public hearing, despite the baseline studies being already completed. 8Project Event: RFQ for the hiring of an LSTK contractor for GGS is expected by June 2020. RFQ for the hiring of an LSTK contractor for GGS is expected by June 2019. Click here for more detailsDetails
ONGC has put RFQs for a Rs 3300 crore drilling project on hold 8But thankfully this is not on account of the current precipitous drop in oil prices Click here for more detailsDetails
8Project Name: Satna and Shahdol Districts City Gas Distraction 8Project Cost: Rs 200 crore 8Project Description:The project is under its first phase. Tractebel Engineering Pvt. ltd has been appointed as the PMC for the project. Gas is expected to be drawn from RGPLs Shahdol- Phulpur Natural Gas Pipeline through a spurline to Shahdol Click here for more details 8Project Name: Jagatsinghpur and Kendrapara Districts City Gas Distraction 8Project Cost: Rs 174 crore 8Project Description:Here again. Tractebel is involved. Gas is expected to be drawn from GAILs Surat-Paradip natural gas pipeline through Jagatsinghpur spur-line. Click here for more details Virtual pipeline deal 8A deal has been struck between two large companies to push virtual pipeline deals in the country. Click on Details for moreDetails
Project Name: Refinery Crude Distillation Unit Debottlenecking Project 8Project Event: RFQ for the EPCM contractor is expected by May-2020 now instead of March. Click here for more detailsDetails
HPCL's Rajasthan refinery project is showing all signs of delay. Leave alone the impact of the coronavirus which mean re-working some of the matrices, there are delays with the decision making concerning the refinery itself 8Then there is the petrochemical segment issue, as validity has to be re-established. Click on Details on what is going onDetails
Getting capital sanction for the Gujarat refinery expansion from 13.7 to 18 MMTPA is not getting any easier 8The IOC Board reportedly rejected capital approval recently Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of MCBs, RCCBs and RCBOs for heat tracing panels Details 8Supply of Belt Vulcanizing Machine as per tenderDetails 8Mainline and Combined station works for conversion of existing 18 inch Crude Oil Mainline of Haldia-Barauni section Details 8Annual Rate Contract for NRPL Panipat Pump Station Details 8Supply, Testing and Commissioning of differential Pressure Valves Details 8Repair and reconditioning of API 6D Gate Valves Details 8Dismantling, supply and installation of primary and secondary foam seals at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Govt may increase duty on petrol, diesel again to fight outbreakDetails 8India's fuel demand drops 11 pc in March as Covid-19 hits aviation, transport sectors Details 8200 oilfield service firms could go bankrupt as COVID-19 slashes $5 bn off the market Details 8U.S. offshore oil lease sale weakest since 2016Details 8Britain's oil industry calls on public purse as first fields shut Details 8Saudi Aramco to reduce refinery runs in April, May to boost oil exports Details 8Saudi Arabia, Iraq say they won't compensate for oil freight rate jump Details 8Texas oil producers ask state to limit output as prices collapse Details 8China's CNOOC to load first cargo of Guyanese oil in coming days: official Details 8US to buy initial 30 mln bbls of oil for emergency stockpile Details 8Trump says he will enter Saudi-Russia oil fray at appropriate time Details 8Oil stuck below $30 a barrel Details 8Coronavirus, oil price war put Canada's crude sector 'on life support' Details 8WTI oil surges 20 per cent after three-day sell off Details 8US approves Pembina's proposed Jordan Cove LNG export plant in Oregon Details 8BP says no major disruption to operations from COVID-19 Details 8US biofuel group says ethanol industry sharply cutting production Details 8Does oil crash mean global recession is upon us? Details 8Petrol, diesel prices remain frozen for fourth day Details 8Cheap gas drives auto industry to distraction Details You can also click on Newsclips for moreDetails
Don't expect LNG prices to keep falling forever. 8In Asia, things have stabilized somewhat, with less floating storage near China, the epicenter of the outbreak, and more cargoes headed to the country. 8Prices are recovering there and have moved well above $3.00 both on the spot market and the forward curve. Click on Details for more
Details
Find out more on how the global Natural Gas Liquids market seems to have been turned upside down by the coronavirus 8As of today, LPG ethylene production cash costs (about 7.4 cents per pound for propane and 6.8 cents per pound for butane) are below that of ethane, at about 8.5 cents per pound. Click on Reports for more
Details
8Project Name: Golaghat Development Drilling 8Project Cost: Rs 1325 crore 8Project Description:Oil and Natural Gas Corporation Limited's RFQs for the 53 wells development drilling project in Jorhat and Golaghat districts of Assam are expected to be delayed. Find out why and for how long Click here for more detailsDetails