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May 2020

For reference purposes the website carries here the following tenders:
8Services for carrying out NDT testing, inspection & certification of process pipeline, pressure vessels Details
8AMC for calibration of pressure safety valves for two years Details
8Hiring of Services for repair of Traction Motors Details
8Laying and Associated Works for Dhamra Angul Pipeline Project Details
8Implementation of OFC Based Pipeline Instrusion Detection System Details
8Pneumatic Chemical Dozing Pump complete with variable output adjustment devices, relief valves and check valves Details
8Procurement along with Installation, Commissioning and AMC of Spinning Drop Video Tensiometer Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot Details
8Requirement of "On Call Basis" ARC for Testing, Failure Analysis and Health Assessment Jobs of various Refinery components Details
8Supply and Installation of Branding Elements Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Clogged cooling system likely cause of gas leak in Andhra Pradesh, three investigators say Details
8India's GSPC seeks LNG cargoes first time since start of lockdown Details
8GAIL halts LNG imports at Ratnagiri port Details
8India's gas demand gradually picking up as virus restrictions ease Details
8India's fuel demand recovers in May Details
8MoEF to hear plea against LG for leak Details
8ONGC gas pipeline leaks in Andhra Pradesh's East Godavari Details
8‘New Reliance’ to be best proxy for new India’s consumption, tech-driven growth story: RIL Details
8Crude oil prices back at early April highs as demand shows signs of picking up Details
8Saudis reel from austerity drive after oil-rich 'magic decade' Details
8US sends oil to Belarus, seeking to diversify from Russia Details
8European Union condemns new Turkish drilling for gas off Cyprus Details
8Iran says United States cannot block fuel shipments to Venezuela Details
8China's top energy firms to grow gas output despite spending cuts Details
8Russia's Rosneft incurs $2.1 billion first-quarter loss, cuts output Details
8Unique payout Alaskans get from oil wealth could be at risk Details
8Hundreds get virus at main Kazakh oil field Details
8European Union condemns new Turkish drilling for gas off Cyprus Details
8Crude oil prices back at early April highs as demand shows signs of picking up Details
You can also click on Newsclips for more   Details
There is mayhem in the deepwater blocks of India
8Force Majeure declarations have left major service providers without income
Click on Details for more. Details
It is leaned that one technology licensor has been short listed for the Numaligarh Refinery expansion
8The others are in the process of evaluation
Click on Details for more Details
Halliburton has reportedly been dealt a cruel blow by Cairn India Ltd
8Know more about what really happened Details
Cairn India Ltd has terminated some of its key contracts in the Barmer oil block
8Contractors have been left high and dry
Click on Details for more Details
The website carries here March and April data of LNG arrivals in India
8April arrivals are much lower
The data is given in terms of:
8Name of carrier
8Arrival date, sailing date, berthed date
8Quantity of each cargo
8Buyer name
8Producer name
8Name of dispatch terminal
8Name of destination terminal
Click on Reports for more Details
Everyone, from LNG buyers to sellers to rig operators to EPC contractors are currently all going through the fineprint of the Force Majeure clause in their agreements
8Easy solutions are not available, as everyone is seeking to pass the buck on
8But there is need for clarity on who can and cannot claim indemnity under Force Majeure
Click on Reports for more Details
The volatility in the tanker market is likely to bring about a massive resizing of the market
8This is happening even as tanker companies post record earnings
8Know more about why and how this is going to happen
8Also, product tankers are experiencing a super cycle
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Mainline & Booster Pumps for Barmer Palanpur Pipeline Project Details
8Procurement of Sampling Cylinders for Gas Sample Collection Details
8Procurement of LT Panels for Feeding Power Supply to New Residential Quarters Details
8Procurement of 4367030 Kg Additional Slip Agent for LLDPE/ HDPE and PP unit Details
8ARC for Hyrdotesting & Refilling of Cylinders of Pipeline Installations Details
8Providing Insurance Policies Details
8Rectification of Gas Leakage in Pig Signallers installed in HVJ Pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8This is the last leg of simplification of Vedanta’s structure: Anil Agarwal Details
8India Ratings puts April revenue loss for 21 states at 97,100 crore Details
8Angre Port leases part of industrial land to Arjun Refineries Details
8Vizag gas tragedy: LG Chem begins transportation of Styrene Monomer inventory to South Korea Details
8Govt releases truncated April WPI inflation data; reports 10.12 per cent deflation in fuel, power basket Details
868 ONGC men return from sea Details
8ONGC awards 49 marginal fields to 7 companies amid corona crisis Details
8Petrobras books $8.35 bn Q1 loss amid 'worst crisis in 100 years' Details
8GAIL chief Manoj Jain appointed CMD of Mahanagar Gas as well Details
8Global oil refining could rebound in June, but margins weak: IEA Details
8Crude oil prices get some respite from drop in US crude stockpiles Details
8Singapore Airlines posts first-ever annual loss on fuel hedges, virus Details
8Delisting of subsidiary to enhance Vedanta Resources' financial flexibility: S&P Details
8IEA projects gradual relaxation of restrictions to help oil demand recover in 2020 Details
8Saudi Aramco cuts June crude allocation to some Asian buyers Details
8Gazprom's natural gas exports slump 19 per cent in first quarter - source Details
8Hit by coronavirus and Trump, Iran's oil exports dwindle to record low Details
You can also click on Newsclips for more   Details
8Public sector companies have gone online with COVID-19 reporting
Find out more Details
A massive tankage capacity -- crude and finished products -- build up is coming up
8Find out when RFQs are going to be due
Click on Details for more Details
An ongoing oil & gas project had 12,000 workers on site
8It now only has 2000
Find out more Details
The urea industry has been  the biggest anchor customer for the Indian gas industry
8But the future is looking a little wobbly as of now
Find out why Details
8In the midst of ongoing changes, E&P companies are streamlining procedures for procurement for EPC and LSTK contracts
Click on Reports for more Details
8HOEC's contract for an offshore drilling rig has just gotten over
Click on Reports for more Details
8In the midst of the current turmoil, seismic tender are still coming out
Click on Reports for more Details
Indian refiners are even looking at a possibility of zero prices for their export products
8Some of them are writing indemnities on such scenarios into their contracts
Click on Reports for more Details
Don't get swayed by the current euphoria around easing of the lockdown.
8Normalcy may not be restored all that soon
8And there is still a strong possibility of oil storages getting fully filled up a few months down the line, with resultant implications for prices
8Different scenarios are throwing different kind of results, and the future remains deeply uncertain
Click on Details for more Details
Of the 288 geographical areas under city gas distribution entities, how many are in red, green and orange zones?
8For service providers and gas suppliers, it is important to have these facts together
Click on Reports for more Details
Force Majeure conditions have been invoked by ONGC and OIL on some E&P service providers
8How did it hit these providers, and what kind of mitigating steps are they taking?
Click on Details for more Details
Barmer Refinery will entail the building of a big pipeline network
8There will be pipelines to ferry raw water from the Indira Gandhi canal
8Then there is a 510 km crude pipeline to the Arabian sea
8There is another line coming into the refinery from Cairn's Mangla field
8One contract has already been awarded, what is the status of the other pipelines?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Hiring of Environmental Monitoring services for Blocks CB-ONN-2010/8 & Block CB-ONHP-2017/9 Details
8Hiring of Consultancy Services for Implementation of Quality Circles Details
8Procurement of Online Ambient Air Quality Monitoring system Details
8Item Rate Contract for providing services of Civil Works Details
8Procurement of High Speed Diesel Details
8Procurement of 800 kg Hydrazine Details
8Procurement of De-Oiling Poly Electrolyte Details
8EOI for providing services for Preventive Maintenance of motors Details
8Supply of Flanges supply for DPI Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vedanta makes proposal to delist from Indian stock exchanges Details
8Vedanta shares zoom 10 per cent on delisting plan Details
8Angre Port ties up with Arjun Refineries Details
8Jharkhand: Hike in VAT on petrol, diesel in state from today Details
8South Korea's LG Chem sends delegation to India to probe deadly gas leak Details
8OPINION: COVID-19 impact on the Oil & Gas industry - A perspective Details
8‘Vedanta offer price not attractive enough’ Details
8This is the last leg of simplification of Vedanta’s structure: Anil Agarwal Details
8Crude oil prices to stabilise over next 4-6 quarters: Report Details
8As Canadian oil sands site fights infections, some want fewer fly-in workers Details
8Exclusive: Venezuela's PDVSA allocates oil cargoes to partner at Petrozamora - data, sources Details
8Occidental offering voluntary job buyouts, citing need for spending cuts: document Details
8ABN Amro warns of ballooning provisions after $1.2 billion first-quarter hit Details
8Saudi Aramco closes $10 billion one-year loan: LPC Details
8Significant advantages for Aramco to conclude investment in O2C biz of RIL: Report Details
8Crude oil futures slump on weak global cues Details
8Crude oil prices fall as fears of second coronavirus wave take hold Details
8Aramco deal could provide significant financial muscle to RIL: HSBC Details
8Japan's Inpex slashes profit forecast by 93 per cent on oil price slide, COVID-19 Details
8Oil holds near $30, caught between demand loss and supply cuts Details
8Oil and gas, pharma, telecom should do well while everything else comes off: Goldilocks Details
8Saudi cabinet urges OPEC+ countries to further reduce production: SPA Details
8Norway's oil income plunges with weak crude prices, tax relief Details
8JPMorgan sees more Gulf companies linking up but no liquidity crunch Details
8US crude stockpiles unexpectedly drop for first time since January: EIA Details
You can also click on Newsclips for more   Details
RIL is mean to have another auction for gas from its KG Basin development plans
8When is it due now? Details
A face-off is brewing between suppliers and buyers of gas under long term agreements over who will foot the gas bill during the lockdown phase.
8A citation of the Force Majeure clause by the buyer on the seller such as GAIL may not suffice
8The situation is more complicated than that, when both sides are heard
Click on Details for more Details
When is first gas expected from the RIL's KG-D-6 block?
8The company had sold 5 mmscmd of gas to customers -- with GSAs in place for supply stretching from 3 to 6 years -- and deliveries were meant to begin in May, 2020
8But post-COVID, the timeline had shifted.
Find out what the new deadline is Details
HSD is a significant portion of an E&P service provider's expense, particularly for a drilling company, onshore or offshore
8So if there is a government fiat that raises the price of HSD (on not not to secular interaction of demand and supply), can be ruled as a 'change oin law" and the service provider be compensated consequently?
Click on Details for more Details
The petroleum ministry is now listening to the oil & gas industry more openly
8Is this the impact of the new secretary at the helm?
8Find out what kind of opening is taking place
8Also know more about what is going to come up in terms of incentives, particularly for the E&P industry. Details
The CGD industry continues to be a high return business despite the lockdown
8Three companies are reportedly in the race to acquire a third CGD entity
8More such deals are likely to follow in a post COVID world
Click on Details for more Details
In the face of the Coronavirus attack, upstream LNG assets are going really cheap
8Is this a good point in time for a PLL or a OVL to pick up stakes?
Find out more Details
8An analysis shows that only ONGC among its peers does not have the cash flows to fund its cash flow deficits over the next two years
Click on Reports for more Details
With gas prices ruling low, suppliers are eyeing the stranded gas based power capacity in the country
8Gas based power may in fact get a shot in the arm through a different initiative from a government agency
Click on Details for more Details
An E&P operator is finding it difficult to get service providers to cut prices
8A tender in which it sought a lower price saw a mass protest and a subsequent boycott
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8EOI for sale of low grade Sulphur from Gas Processing Plant, Hazira, Surat Details
8Hiring of Forklift Services on Firm Basis in Gujarat Details
8Supply of 5 HP Submersible Pump Sets Details
8Hiring of Contract Services for Hydro-testing, Painting, Refilling and Recharging of FM-200 Gas Cylinders Details
8Hiring of Contract Services for Hydro-testing, Refilling, Painting and Re-installation of Fire Extinguishers and Cylinders Details
8Procurement of 1500 MT Butene1 for LLDPE/ HDPE unit Details
8Procurement of spare tubes of heat exchanger of ECU unit Details
8Procurement of Diesel High Speed Details
8AMC Civil at GAIL Usar Details
8Requirement for ARC for deployment of 100 MT tyre cranes (for 3 years) Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vedanta makes proposal to delist from Indian stock exchanges Details
8State refiners spent more than they had planned in 2019-20 Details
8Gas production to remain a loss-making proposition for upstream producers: ICRA Details
8U.S. crude output to drop, oil demand to slump by 2.2 million barrels per day in 2020: EIA Details
8Crude oil prices to stabilise over next 4-6 quarters: Report Details
8South Korea's LG Chem sends delegation to India to probe deadly gas leak Details
8Norway's oil income plunges with weak crude prices, tax relief Details
8Oil falls amid concerns about new viral outbreaks, rise in inventories Details
8OPEC+ wants to maintain oil output cuts beyond June - sources Details
8Saudi Arabia to cut June's oil production Details
8OPINION: New hope or false dawn? Asian refining margins gain, but risks loom: Russell Details
8Saudi Aramco Q1 profit dives, says virus to hit 2020 results Details
8Under virus pressure, Saudi Aramco may cut government payout Details
8Crude oil prices up after Saudi pledge on cuts eases some glut fears Details
8Saudi Aramco tips difficult 2020 as crisis hits quarterly profits Details
You can also click on Newsclips for more   Details
Negative pricing was observed in crude prices
8But negative prices in the power market is now a reality too
Click on Details for more Details
One sweet spot in the CGD business, the ability to mark up end prices, even through supply is subsidized, is under increasing scrutiny of policy makers.
8In the aftermath of COVID-19, will there be a change in this paradigm?
8Why is this issue getting highlighted again among policy makers?
Click on Details for more Details
The domestic gas as well as the LNG supply industry's largest customer may be in a bit of trouble.
8While every effort was made to keep this critical gas demand segment going, and there were indications that everything was going fine, worries are now beginning to mount.
Click on Details for more Details
Oil companies when through a long period of iteration before perfecting an online payment mechanism, where invoking and payments are entirely virtual.
8These are not permanent changes, but given that the virus is likely to stay with us for a couple of years, some aspects of this new system may well become permanent.
8Find out how oil companies are evolving their payment systems, after weeks of trial and error. Details
The rise was so fast that the fall too could not have been any less spectacular
8Crude carrier rates fell 80% in two weeks
Click on Reports for more Details
8In the midst of the havoc wrecked by the virus, has GAIL cancelled some of its US LNG commitments now that LNG prices in Asia and elsewhere are ruling below Henry Hub prices leave along taking into account liquefaction charges?
8US cargoes have become uneconomic all over the world, and more so in India, where GAIL has some Henry Hub based gas supply contracts. Details
The coronovirus epidemic has claimed its first oil & gas victim, it seems
8A large company has been declared to have a "negative" outlook.
Click on Details for more. Details
It is not known where the ongoing tussle between buyers and sellers of LNG is going to land up?
8But some of it may well land up in litigation, as even after buyers have declared Forece Majeure, they are being still being served with daily nomination quantities.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8GIS Mechanical Piping and Miscellaneous works for MSBP Details
8Providing Services of CRC Assistant, Store Keeper, Engineering Assistant & Planning Assistant at LPG Bottling Plant Details
8Civil, Electrical and Mechanical works at the retail outlet for providing various facilities Details
8Transportation of Packed LPG Cylinders by Road Ex Yediyur LPG Plant Details
8Procurement of Aluminium Power Cables Details
8Procurement of Power Cables Details
8Hiring of service for Insurance Broker Details
8Request for Technical Proposal (RFP) for Treasury Automation System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petrol, diesel prices may rise again after daily price revision restarts Details
8Petrol, diesel prices unchanged for 56 days, oil ministry says market volatility is the reason Details
8Fuel consumption declines in April, ATF falls over 90 per cent as airlines remain grounded Details
8Fitch Ratings says higher risks to Indian oil marketing firms' standalone profiles Details
8ONGC losses on gas business to widen to Rs 6,000 cr in FY21 Details
8Indian state refiners scale up crude processing as fuel demand improves Details
8IndianOil plans to operate refineries at 80 per cent capacity by May end Details
8Not cancelled any long-term contract for LNG or crude oil: Dharmendra Pradhan Details
8Oil prices rise as Saudi Arabia pledges further supply cut Details
8Saudi Arabia deepens oil cuts as weak demand weighs on prices Details
8U.S. refiners killed the golden goose: diesel margins Details
8Kazakhstan signs decree to cut oil output under OPEC+ deal Details
8Colombia's Ecopetrol Q1 net profit plunges 95% on low oil prices Details
8Analysis: Investors search for bargains in energy sector minefield Details
8Crude oil prices fall on fears of coronavirus second wave Details
8Middle East Crude-Benchmarks rise; Kuwait, ADNOC raise June OSPs Details
8Oil market slump prompts Spain's Cepsa to cut spending, delay dividend Details
You can also click on Newsclips for more   Details
8Speculation: In these times of crisis, there is always a lot of speculation.
8One such projection by a respectable bank is that demand for crude may exceed supply by end of May!
8Also, find out why Saudi Arabia may emerge as the ultimate arbiter of oil prices
8One certainity now is that the market will be in supply deficit in 2021 to support higher prices
Click on Details for more Details
Gas suppliers in India will need to keep track of how the global LNG markets are behaving not in the immediate future but in the long run
8In the last two months, more has happened to impact the long term outlook than in the last two years
8There is a surplus of supplies now but how long will that last?
8Does hanging on to long term contracts or getting into more such contracts make for more sense?
Click on Details for more. Details
8The Mozambique LNG terminal, in which the Indian trio of ONGC, BPCL and OIL are invested, seems to be in serious trouble
Find out more Details
8Why is ONGC deploying multiple Boeing 747-400s -- the largest commercial planes available in India -- across the country?
Find out more. Details
There is a lot of data coming out on emerging markets' fiscal and monetary response to COVID-19
8Is India playing too safe?
8Should it do much more?
8Which are the segments of the economy with the highest possibility of negative ratings going ahead?
8Also, what kind of progress has been made in the medical fight against the virus? There are many potential treatment avenues and vaccines under investigation.
Click on Details for more Details
The industrial cluster of Morbi is at the centre of attention of the gas supply industry.
8There are a total of 875 ceramic units, which under normal circumstances consume around 6.5 mmscmd of gas.
8Common tiles are a basic necessity in an economy and if this segment can get going, there is hope ahead for others.
8Now that the lockup has been lifted, are these units coming back to life?
8What is the prognosis from here on?
8Morbi is not just about gas supply, it is as much about labour supply, gas pricing, export orders and domestic demand.
Click on Details for more Details
A fall in crude prices will mean that rates of service providers, already under a lot of pressure, will have to fall
8But the room for maneuvered is low
8Offshore rig rates are not expected to fall by more than 10%
8What about other services?
Click on Reports for more Details
LNG terminal owners are feeling the pinch of lower tankage capacity while dealing with the coronavirus
8More tanks are now set to be built, to take into account greater volatility expected in a post-virus world
Click on Details for more Details
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