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Mar 2022

There are some strange goings-on in the PNRB of late
8For one,a petitioner has withdrawn a few crucial applications, raising eyebrows
8Then again a key functionary is still to be appointed thereby causing a lot of speculation.
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The new Oil India Ltd CMD appointee may well be facing a Hobson's choice
8Find out why?
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There has always been talk of ONGC making losses on current gas prices which are government mandated
8But what exactly is the cost of gas produced by ONGC?
8And the cost of oil?
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Details
What is the per mmbtu cost of imported gas from 2106 till now?
8Has the price gone up dramatically now than before?
The answers are quite interesting
Details
What is the total CSR spent of public sector oil companies year-wise
8It adds up to a lot of money
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Details
The European gas crisis existed long before the war started
8What were the main issues that lead to the spurt?
8Have we inalienably transited to a higher price regime for the foreseeable future?
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Details
For reference purposes the website carries here the following tenders:
8Supply of Pressure Skid Valve Spares for CPCL-RT Details
8Civil and RCC works for construction of Boundary wall using AAC (Autoclaved Aerated Cement) blocks and Chain link Fencing works along with various allied works at Panipat Refinery and Petrochemical Complex Details
8Balance job of Modification of Boundary wall for protecting the Admin building area and providing concertina fencing around Eco-Park boundary wall Details
8Supply of Fixture for Dry Gas Seal of RFCCU WGC Details
8Thickness Survey by MUT and LRUT and preparation of Isometric Drawing for WRPL Koyali Base Stations Details
8Supply of MRM Stirrer Parts at WRPL Vadinar Details
8Supply of Cock Pinch Details
8Balance works of plant Buildings on as is where basis for Fuel Quality Upgradation Project at Paradip Refinery Details
8Procurement of Spares for Control valve make KOSO Details
8Annual Rate Contract for assistance in operational activities in round the clock shifts at jhabua compressor station Details
8Procurement of sleeve & alignment block for discharge end of steam tube rotary dryer Details
8Installation of nozzle assembly in the conical portion Details
8HDD and Associated works for Dhamra Angul Pipeline under Jagdishpur Haldia Bokaro Dhamra Pipeline Details
8Hiring of services for material handling contract Details
8Procurement of control valves Details
8Procurement of field calibrators and measuring instruments Details
8Overhauling and servicing of disc skimmers Details
8Carrying out Refractory & fabrication works Details
8Procurement of tube supports Details
8Supply of mainline pumps BSPL project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Details of Loss of Certificate [HPCL] Details
8Intimation of Board Meeting [GNRL] Details
8Notice of Postal Ballot [ONGC] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8OPINION: Have the brakes failed as the rally in oil prices continues? Details
8Sonia leads opposition protest against rising fuel prices in Lok Sabha Details
8Indian Oil buys 3 million barrels of Urals for May loading - trade sources Details
8CNG, domestic piped natural gas prices hiked. Check rates Details
8Rising oil prices to worsen fiscal burden for India's economy: ICRA Details
8Indian oil companies may book impairment losses on Russian assets: Moody's Details
8India lost 3.79 MT oil worth Rs 11,276 crore due to less 'water injection' by ONGC: CAG Details
8Oil price sees further gains on sanctions talk, while equities slip Details
8Fuel price hike: "Significant damage" to consumers' budgets likely, says Chief Policy Advisor of EY Details
8Fuel price hike: Govt ready for action to reduce market volatility, says minister Details
8European Union divided on relying on Russia for energy supply Details
8Nations 'united' in seeking to cut Russian oil, gas imports Details
8IOC, BPCL, HPCL lost $2.25 billion in revenue due to fuel price freeze: Moody's Details
8Fuel price hike: Indian Oil to raise petrol, diesel prices from Friday Details
You can also click on Newsclips for more   Details
There is an interesting bit of data on
8How many retail outlets sell alternative fuels as well, besides petrol and diesel
8Also, how my retail outlets also have EV charging facilities.
8The numbers are not small
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Details
India’s new climate goals will significantly compromise its target of a USD 5 trillion economy by 2024-25
8India will need to invest $200 billion p.a. of funding over the next two decades in order to become net-zero by 2070.
8Mandatory disclosures are now lilely
8Get a comprehensive look at where India is and where it need to go from here on
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Details
8ONGC's water injection practices in its critical western offshore assets came in for intense criticism.
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BP has big interests in India.
8And BP's withdrawal from Rosneft in the context of the war with Ukaraine was watched with some consternation in Indian circles. Rosneft also has a big presence in India as an owner of Nayara Energy.
8"It is corporate weaponizing," an observer said, adding, "If they do it with Russia, they can do it elsewhere, where western interests may not be aligned."
8Is that the reason why the BP CEO rushed to New Delhi to assuage ruffled feathers?
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Details
8Project Name: Nawada and Koderma Districts City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details
Details
8Project Name: Morena District City Gas Distribution
8Project Cost: Rs 350 crore.
Click here for more details.
Details
Nano Fertilizer Greenfield Project
8Cost: 240 Crore
8Project Event: RFQ for the contractor is likely to be released in Q1 FY 2022-2023.
Ammonium Nitrate Melt Greenfield Project
8Cost:  88 Crore
8Project Event: The project is likely to be elicit environment clearance in April 2022. L&T Hydrocarbon Engineering Ltd is the single bidder, and technical evaluation is still ongoing. AThe financial bid is likely to be opened at the end of April 2022. the scope of work is Process license, Supply of Basic Design., Detailed Engineering, HAZOP Studies, and implementation of its recommendation., Procurement, and Supply of all equipment, Procurement and Supply of spares as per spares philosophy mentioned in Technical Part and more Details
The largest spot tender for gas concluded this week
8And the prices availed were a surprise.  Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8LPG
8Ammonia
Click on Reports for more Details
8Gas markets are in a frenzy
8And this is not something that will cool down soon
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8The de-clogging of the Mundra terminal is now running into fresh hurdles
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8What is currently holding up Haldia Petrochemicals Ltd's Cuddalore petrochemical project?
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Details
8The new EIL CMD is redefining how a public sector company should be looked at.
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Details
8Oil India has awarded a rig contract
 Click on Details for more   Details
8It looks like the plat to build a mega refinery by the private sector trio of IOC, BPCL and HPCL going to stay stalled
Find out what the immediate reasons for it Details
The aviation fuel market in India is tough.
8There is intense competition, the credit quality of the buyers is poor at this juncture
8Margins are low
8And even the best names find the going difficult
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8AMC for Schneider make Power Management System, installed at Paradip Refinery and PP unit through the OEM Details
8Construction of 11 kV line with 11kV/0.415kV, 63 kVA substation for CGS Biri Ranpal, Madhepura Details
8Supply of Antioxidant PEPQ or equivalent for Polypropylene (PP) Unit Details
8Transportation of Bulk Petroleum Product MS-HSD Ex Itarsi Depot Details
8Health assessment of coating of underground lines in offsite area by CAT/ DCVG survey Details
8Supply of Compressor Spares Details
8Miscellaneous job services contract Details
8Procurement of Pyrometer Spares for SRU Details
8Procurement of insurance policies for JLPL region Details
8Hiring of vehicles for VAPPL Project in MP and UP states Details
8Procurement of energy efficient LT induction motors Details
8Procurement of Personnel Protective Equipment (PPE) on Callout basis for Ahmedabad, Tarapur, Sanand Miroli & Ankleshwar Blocks in Gujarat Details
8Procurement of spares of volvo fire truck Details
8AMC for passenger lifts Details
8Installation of new MCC panels Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Details of Loss of Certificate [Reliance India Limited] Details
8Change in name of Registrar and Transfer Agent [Gujarat Gas] Details
8Grant of Authorization for development of City Gas Distribution Network [Adani Total Gas Limited] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Crude oil opens higher as EU members weigh Russian oil ban Details
8India's Nayara Energy buys Urals after 1 year Details
8Diesel price hike may result in no immediate impact on truck rentals, says IFTRT Details
8European nations remain biggest importers of Russian energy Details
8Oil price: Crude oil futures climb as supply concerns linger Details
8Fuel price hike: Petrol, diesel prices raised for 2nd day in a row Details
8After LPG, now PNG prices up by Re 1 per unit in Delhi-NCR Details
8The Mukesh Ambani-Gautam Adani rivalry is about to get intense Details
8Indian firms in a huddle with auditors, valuers over Russian investments as fiscal end draws near Details
8Indian Youth Congress activists protest against rising inflation, fuel price hike Details
8European Union seeks answers to energy supply crunch, U.S. LNG deal Details
You can also click on Newsclips for more   Details
8Project Name: Daman District City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details Details
8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore
Click here for more details Details
NPK Pilot Plant Greenfield Project
8Cost: Rs 90 crore
8Project Event: RFQ for the equipment & services is likely to be released in Q1 FY 2022-2023. The Pilot Plan is still in the progress at the Company’s R&D department. Based on inputs from the R&D department, the development of a pilot plant shall be taken up.
SSP Greenfield Project
8Cost:  Rs 48 Crore
8Project Event: The company has acquired land admeasuring 210377 Sq. Mts. (51.98 Acre) from Maharashtra Industrial Development Corporation (MIDC), Nardana Industrial Area, Dhule District. RFQ for the Local Contractor is likely to be released in Q1 FY 2022-2023. Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8Fertilizers
8Weekly Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
8This private sector E&P company may be looking for an FPSO
Click on Details
Details
Megha Engineering has got a big cache of downstream projects
8So what kind of reception are they getting in the Megha head office in Hyderabad?
8And what kind of bargaining is taking place between Megha and vendors?
Click on Details for more.
Details
The government is watching the conduct of the big three E&P service providers in terms of their decision to withdraw from the Russian market.
8The companies reportedly took a rare political stand to suspend future operations on their own, as clarified by the US government and not under any pressure
Find out what is being said informally.
Details
8There was a tender for the Jharia CBM block, involving gas gathering stations and pipeline erection.
Find out who won the tender and for how muc
Details
This Rs 6000 crore ammonia-urea plant is under heavy contracting
8Find out who has been short listed and who are bidding in the active tenders
Then again there is this: 
Ammonium Nitrate Greenfield Project
8Cost:  1750 Crore
8Project Event: 10% erection has been completed, Casale has been hired for the Technology Licensor, The project is likely to be commissioned in August 2024. Details
For reference purposes the website carries here the following tenders:
8Supply of furniture items Details
8Comprehensive AMC for PLC cum VFD panel of WPU plant Details
8Providing service and spare parts for maintenance of Cummins make DG set Details
8Road Transportation of Bulk Petroleum products Details
8Procurement of furniture equipment fitting and fixtures Details
8Procurement of reagents for AOD hospital Details
8Replacement of power and control cables Details
8Supply of pressure vessels Details
8Procurement of tools & hardware Details
8Procurement of GC columns Details
8Procurement of level transmitter spares Details
8Procurement of inspection mirror Details
8Annual rate contract for stack emission/ambient air/effluent water/noise monitoring Details
8Hiring of BHP services along with Equipment and personnel for Exploratory Wells Details
8Renovation and Expansion of Electronic Workshop of Instrumentation Department Details
8Gas chromatograph for NFCCU and GFEC Details
8Cylinder Handling contract at Jind LPG plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Intimation for change in Status of Registrar & Transfer Agent [Vedanta] Details
8Disclosure of Material Event under Regulation [Selan Exploration Technology Limited] Details
8Details of Loss of Certificate [Swan Energy] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8Air Pollution: Emission limit set for industrial units run on biomass Details
8LPG cylinder price increased by Rs 50 for the 1st time since October 2021 Details
8Fitch slashes FY23 India growth forecast to 8.5% on high energy prices Details
8Petrol and diesel prices hiked for the 1st time since November 2, 2021, LPG rates up too Details
8Vedanta seeks minimum $19 for gas from Gujarat block Details
8Kerala HC declines to stay OMCs decision to hike price of bulk diesel purchase Details
8Petrol, diesel price hiked by 80 paise; LPG at record high after Rs 50 rise Details
8Fuel price hike: Akhilesh Yadav slams BJP over high LPG price, terms it 'gift of inflation' Details
8Fuel price hike: Cong attacks govt on rise in petrol, diesel, LPG rates; Says 'loot' must end Details
8Fuel price hike: How inflation is burning a massive hole in common man's pocket Details
8French energy giant TotalEnergies to stop buying Russian oil Details
8Govt closely monitoring commodity price movements amid Russia-Ukraine war: FinMin Details
8Exxon appoints former GM executive to lead its energy transition business Details
8Bondholders stare at mark-to-market losses after Nayara Energy downgraded Details
You can also click on Newsclips for more   Details
Indian pipeline companies have started using drones for pipeline monitoring
8But pipeline companies can use them in far more innovative ways than they have been using them so far
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Get a list of new independent directors of IOCL here, they come in different shapes and sizes.
8Also get to know the new who the new HPCL marketing director is
Click on Details for more Details
Gas production is lower than target in India.
8And there are all kinds of reasons for that
Here is an outline of what is wrong
Details
The crude oil price hike and the subsequent inability to push through a hike in retail prices of petrol and diesel has come a dampener to those who are bidding for BPCL.
8Unlike Nayara and RIL, both of whom can find international markets for their products in case the domestic market shuts down, BPCL is heavily tuned to the Indian market via thousands of retail outlets.
8The inability to raise prices at will or in consonance with crude oil price movements will be a problem going ahead for any private investor looking to own BPCL, for unlike its public sector counterparts, as a private entity BPCL will not be entitled to disbursement of subsidies, if any, for keeping prices below cost of production.
8So what is the latest government position on the privatization of BPCL? Details
8Project Name: Bathinda District City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details Details
8Project Name: North Goa District City Gas Distribution
8Project Cost: Rs 250 crore
Click here for more details Details
8India might be picking up a few Russian LNG cargoes adrift at sea for want of a port of call
Click on Reports for more Details
Get the daily updates for
8LNG
8
Crude

8Chemicals
8Weekly Fertilizers
8LPG
8Ammonia
Click on Reports for more Details
Now that oil prices are shooting up. the government is trying to keep the impact on the user down.
8The play again is for the government to cut taxes, which again hits the poor more than the rich.
8Here is a play book of what can be done outside of the norm
 Click on Details for more   Details
Suppliers are now confining short term contracts to just 80 per cent of offtake
8And there is a very surprising part to this new way of keeping a lid on the situation
Click on Details for more.
Details
8Project Name: East Godavari District (excluding area already authorized) City Gas Distribution
8Project Cost: Rs 350 crore
Click here for more details. Details
8Project Name:West Godavari District City Gas Distribution
8Project Cost: Rs 300 crore.
Click here for more details. Details
8A big offshore seismic survey tender is coming up
Click on Reports for more.
Details
8What is India's exposure to Russia
Get all the details here
Details
For reference purposes the website carries here the following tenders:
8Procurement of perchloroethylene catalyst Details
8Procurement of thermocouple temperature elements Details
8Operation of semi-automated shot blasting and painting facility Details
8Global expression of interest for supply of carbon steel line pipes Details
8E-Auction sale of Petcoke and Sulphur Pellets Details
8Providing and Laying of Paver Block in the De Licensed Area of LPG Bottling Plant Details
8Carrying out on site calibration of Mass Flow Meters Details
8Electrical and Automation cabling works related to augmentation of facilities including supply and installation of various automation equipments Details
8Operation and maintenance of edger roll lubrication system and application of hot rolling oil servosteerol Details
8Expression of Interest for up new Plant/ Unit in India for production of one or more items Details
8Carrying out various Engineering Works at Surat AFS under Gujarat State Office Details
8Statutory testing and painting of LPG cylinders Details
8Annual rate contract for nitrogen supply Details
8Supervisors for Mainline Day/Night Patrolling, Intelligence and Ancillary Activities Details
8Procurement of associated cables for flameproof equipment Details
8Pigging of heater in CDU-1, VDU, CDU-2, VGO & DHDT Plant Details
8ARC for Fabrication & Erection of Piping and Structural Jobs Details
8Catalyst Replacement Activities in reactor at VGO, DHDT & DHDS Plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Company Announcements:
8Intimation of Board Meeting [GNRL] Details
8Media Release [RIL] Details
8Newspaper Publication on Postal Ballot [BPCL] Details
8Newspaper Publication on notice of meeting of shareholders [BPCL] Details
8Notice of Postal Ballot [IOCL] Details
You can also click on Reports for more
For reference purposes the website carries here the following Newsclips:
8EU to mull Russian oil embargo with Biden set to join talks Details
8In Sri Lanka, as economic crisis worsens, two men die waiting in queue for fuel Details
8Indian bulk diesel buyers rush to secure supplies from cheaper retail outlets Details
8Germany to 'fast-track' gas terminals as part of Qatar deal Details
8Proceeds of oil and petroleum exploration to be equally divided between states in DAB Details
8Crude oil futures gain on spot demand Details
8Saudi Arabia says it is not responsible for high crude oil prices Details
8Kremlin says Russian oil embargo would hurt Europe, not U.S. Details
8ANALYSIS-Ukraine crisis forces world to confront its oil and gas addiction Details
8Saudi Aramco CEO says majority of capex will be upstream Details
8India's import of Russian oil less than 1% of total; share from US to rise: Puri Details
8Oil price climbs on pressure from Ukraine conflict, tight market Details
8Russia-Ukraine war effect: Cooking oil scarcity, price shoot up in Andhra Pradesh Details
8Why India needs to buy cheap oil from Russia Details
8India to raise petrol, diesel prices after 4-month hiatus: Report Details
You can also click on Newsclips for more   Details
8India's gas imports have been stagnant despite a sharp increase in gas import infrastructure
Click on Details for more
Details
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