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Apr 2020

The crude tanker market is going through never-before undulations
8Prices scaled new heights before falling, only to go up again now
8Also know more on what is up for smaller tanker sizes which are now chartered for floating storage of refined products, particularly jet fuel,
Find out more on what is going on in this market, click on Reports Details
The ceiling gas price for ONGC is now well lower than its breakeven price for its KG-DWN-98/2 block
8The gas major faces a daunting task in ensuring viability of its $5 billion investment, as also keep its nomination block gas fields running
Click on Details for more Details
The LNG spot market seems to have crashed
8But the LNG spot vessel rate is behaving differently
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8The lockdown had kept crews aboard ships beyond the statutory stay period
8But other countries are relaxing the rules.
8Can India adopt best -practices on how to deal with this problem?
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For reference purposes the website carries here the following tenders:
8Procurement of spares and consumables of pigging system Details
8Supply of Ammonium Polysulphide Details
8Supply of Dissolved Oxygen/ Conductivity/ PH Analyzer Details
8Procurement of Pipe Fittings, Flanges on ARC Basis Details
8Procurement of quartz sand and gravels for raw water treatment plant Details
8Supply, Installation & Commissioning of Fire Water Spray System Details
8Supply of Pure Condensate Pumps Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Consumers who booked LPG cylinder in panic don't have empty cylinders to accept delivery Details
8Oil, gas bid deadline extended; bid rounds merged Details
8Low oil prices don't mean much for India at this stage: Expert Details
8Govt extends BPCL bid deadline to June 13 Details
8ONGC, IOC, other oil cos contribute over Rs 1,031 cr to PM COVID-19 fund Details
8Natural gas price drops 26 per cent to record low of $2.39 per mmbtu in India Details
8India keeps date with BS-VI fuels amidst corona lockdown Details
8Demand for cooking gas increases by 25 per cent in Madhya Pradesh Details
8India LPG demand will not see a massive jump in March, panic buying has decreased: LPG Distributors Federation Details
8Indian oil PSUs expected to be hurt the most amid tepid demand: WoodMac Details
8COVID-19: Indian Oil Corporation insures over 3.2 lakh employees Details
8Oil to stay below $40 in 2020 on virus shock, OPEC+ deal collapse Details
8TC Energy to start work on Keystone XL pipeline after $1.1 bln Alberta funding Details
8Abu Dhabi's Gulf Marine Services reaches debt restructuring deal Details
8Putin and Trump agree oil market situation suits neither: Kremlin Details
8Poland's PGNiG to take immediate steps to receive $1.5 bln from Gazprom Details
8Oil marketing companies gain; BPCL rises 15 pc Details
8Saudi Aramco tells service firms to support its oil output hike to 12 mln bpd from April Details
8Coronavirus outbreak: Global oil demand to fall to 95-96 mbd in 2020, say agencies Details
You can also click on Newsclips for more   Details
February was a bellwether month for the LNG industry
8Imports surged 67% but March may end up being a different story
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As the lockdown impact spreads, more gas buyers are throwing up their hands in the air, and invoking force majeure caveats in their gas supply agreements
8Will these end up as skirmishes that will spill over to the courts
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How much has gas demand being impacted by the lockdown?
8What is the current capacity utilization at the LNG terminal at Dahej
8And at Shell's Hazira plant?
8What about force majeure conditionalities? When invoked by terminal owners, will they be accepted?
Click on Details for more Details
It is never easy to open up the clogged evacuation channels for the fertilizer industry, the largest buyer of LNG in the country. Thankfully it is an essential service, the payment terms are structured under a retention pricing system so there is no clogging of this channel, and fertilizers have to reach the retail shop before the busy season begins.
8Find out how both state and central governments are working hard to open up the lines
8Remarkable progress has been made, but find out where they have been successful and where there are failures. One fertilizer unit shut down because stocks could not be evacuated.
8The fertilizer sector is the only segment that can now keep the gas supply industry alive, so more than anytime before, this is the segment that gas suppliers need to keep keep a close watch on
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Cairn India is about to launch its OALP blocks campaign. The company had bagged 41 of the 55 blocks under the OALP-1 auction
8Find out the details of its seismic contracts.
8Rig contracts were also finalized through a reverse auction methodology. Also, know more on who were placed L-1 in these contracts
8Also, a set of integreted contacts were on the verge of finalization
8Will the coronavirus impact change all this? Know more on what the company is thinking
Click on Details for more Details
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