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May 2026

8The cost burden has been distributed across three balance sheets — refiner GRM, central excise revenue, and export earnings on petrol — with the consumer pump price held inside this triangular cushion.
8The arithmetic of how long the cushion holds at a sustained Rs 750 crore/day LPG under-recovery is the next disclosure that has not been made.
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8USA and Saudi Arabia are larger. Quite a transformation indeed.
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The structural read is that the Indian gas spot price has moved into a range that exceeds the long-term contracted R-LNG ceiling at most major terminals, and the spot-to-contract differential is now inverted against the historical pattern.
8The CGD and industrial off-takers that were sourcing incremental volumes from the exchange are facing a step-change in marginal cost.
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8How will such a dramatic repositioning work?
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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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8The long suffering project is well underway, it seems
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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo

Click on Reports for more. Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 croreClick here for more details Details
8Project Name: Varanasi District City Gas Distribution
8Project Cost: Rs 300 croreClick here for more details Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8LPG crisis forces auto drivers towards CNG, EVs Details
8LPG consumers face refill delays amid mandatory eKYC norms Details
8Newly built LNG vessel for Diamond Global Energy named DIAMOND GAS JADE Details
8Constellation to invest in Pine Creek RNG Details
8Wood Mackenzie warns oil could hit $200 Details
8What happens to oil if Iran permanently taxes Hormuz traffic? Details
8BP enters 3 new Indonesian blocks Details
8USA EIA reveals latest USA diesel price forecast for 2026 Details
8Oil near $100 seen as base case for 2026 Details
8Conoco says Venezuela bid to woo oil firms falls short Details
8Arab Energy Fund makes $120MM LNG investment in MidOcean Details
8MidOcean Energy funded $120m to support global LNG supply chain Details
8Inpex signs agreements for offtake from Abadi LNG project Details
8Offtake talks move forward for Southeast Asia’s $20 billion LNG project Details
8REnergy Dynamics wins two Tamil Nadu CBG projects Details
8Praj demonstrates integrated ethanol-to-jet pathway for sustainable aviation fuel with Axens Jetanol technology Details
8Indian government fast-tracks E100 (100% ethanol) flex fuel rollout to cut crude oil imports Details
8Amid energy crisis, IIT-G offers hope with green hydrogen production boost Details
8GAIL India Q4 net profit falls 40.41% to Rs.1,485 crore; revenue declines 2.30% Details
8Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India Details
8Adani Total Gas appoints Sanjay Pandita as CEO, effective May 22 Details
8INOX India secures Rs.322 crore orders across industrial gas, LNG segments Details
8BPCL intensifies fuel distribution across tier-2, tier-3 markets Details
8Diesel demand shifts to PSU retail pumps, India has sufficient fuel supplies: Govt Details
8CS reviews petrol, diesel and LPG supply in state Details
8Iran war rapidly wiping out the world’s oil stockpile cushion Details
8Three-day transport strike begins to oppose Delhi govt's cess, CNG price hike Details
8GAIL doubles Jamnagar-Loni LPG pipeline capacity to 6.5 MMTPA Details
8Engineers India (EIL) recommends Rs.2.50 final dividend, FY26 profit up 35% Details
8IndianOil refineries secure elite international risk rating upgrade Details
8GAIL Q4 results 2026: profit at Rs.1,262 crore, recommends Rs.0.50 dividend Details
8Middle East crisis: 58,500 LPG connections surrendered for PNG, 96% deliveries now authenticated Details
8India-UAE energy agreement: this Emirati strategy has power Details
8LPG cylinder prices today: domestic and commercial rates in major cities Details
8Should India adopt a four-day work week during the West Asia oil crisis? Details
8India has sufficient fuel supplies despite geopolitical tensions, says petroleum ministry Details
8Petrol pumps running dry in India? Not us, say Indian Oil, BPCL and HPCL Details
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8And global majors are pushing back one more time
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8A long-running fight over an operator's claim over a bunch of CGD licences has ended with the court calling the regulator’s conduct “indefensible”.
8The ruling could complicate how PNGRB handles future cancellations and transfers. Details
8From Assam to Cambay, the company is preparing to hand over gathering station
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8What began as a standard 3000-hp rig tender has evolved into a dispute over fairness, qualification norms and bid sanctity.
8The implications could go far beyond one contract. Details
8Its bid sat far below below Halliburton and Baker Hughes
8The spread raises a sharper question on whether the award reflects efficiency, risk absorption or margin stress.
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1) ONGC Mehsana tests microbial route to cut paraffin downtime in waxy-crude wells
8ONGC’s Mehsana Asset is testing whether microbial treatment can reduce a recurring wax problem that conventional hot oiling, scraping and chemicals have not fully controlled.
8The EOI places PDB culture, solvent support and post-job analysis at the centre of a 15-well pilot.
 
2) ONGC Mehsana tightens work-over rig mobility with KPI-linked heavy-lift tender
8ONGC’s Mehsana tender turns rig shifting into a measured reliability service rather than a plain transport job.
8The package hardwires crane readiness, route discipline, certified lifting gear and parallel rig movement into the contractor’s risk basket.
 
3) ONGC’s subsea capping stack tender shifts deep-water blowout readiness into a 10-year emergency-access model
8ONGC is not buying a routine oilfield service; it is buying pre-arranged access to subsea source-control capability for deep-water wells.
8The tender combines a 15,000 PSI capping stack, ROV intervention, debris clearance and emergency planning into a long-tenure membership structure.
 
4) ONGC’s Kalol FR pre-bid replies cut tank ambiguity but leave brownfield LSTK risk with bidders
8ONGC has cleaned up several contradictions in the Kalol FR surface-facilities tender, including tank quantity, GGS-III scope and RTU/SCADA boundaries.
8But the pre-bid replies keep the hardest brownfield uncertainties inside the LSTK contractor’s risk envelope.
 
5) ONGC torque-turn offshore tender extended as equipment-age and mobilization clauses expose bidder pressure points
8ONGC has pushed the bid deadline for its offshore computerized torque-turn package .
8The extension comes after bidders challenged the 7-year equipment cap, 5-day mobilization rule, dope uncertainty and breakdown penalty structure.
8The real signal is not the extra 14 days, but which risks ONGC relaxed and which it left untouched.
 
6) OIL extends Andaman offshore mud engineering tender as high-EMD drilling support package stays intact
8OIL has pushed the deadline for its Andaman offshore mud engineering tender by 14 days.
8The extension gives bidders more room, but the high EMD, two-packet GeM structure and 90-day mobilisation pressure remain unchanged.
 
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1) Oil India cancels CO? compressor package tender, putting Jaisalmer CCS procurement reset under watch
8Find out what really happened
 
2) ONGC S&SRP corrigendum keeps offshore LSTK risk with bidders as brownfield replacement scope stays tightly bundled
8ONGC’s S&SRP tender keeps the offshore replacement package technically broad and commercially disciplined.
8The visible documents push bidders to absorb survey, engineering, fabrication, marine and commissioning risk inside one LSTK envelope.
8What the corrigendum does not spell out may matter as much as what it changes.
 
3) Oil India extends low mast workover rig tender in Assam after selective technical relaxations
8Find out what they are
 
4) OIL extends Andaman offshore bundle services tender after price-bid, IEM and perforation-spec resets
8OIL’s latest corrigendum gives bidders another week, but the date shift is only the visible change.
8The tender now carries a revised price bid format, new Kakinada address, updated IEM list and a relaxed perforation gun diameter range.
 
5) ONGC extends MOPU tender for RJP/R-10A after easing entry and execution filters
8ONGC has pushed the R-series MOPU tender, but the extension is only the visible part of the shift.
8The deeper change is in qualification, mobilisation and design-life clauses that reshape who can credibly bid.
8The risk allocation, however, remains far tougher than the relaxed dates suggest.
 
6) Oil India extends New OCS Nagajan EPC tender as revised drawings and bidder queries reshape bid risk
8Oil India’s New OCS Nagajan EPC tender has been pushed after a heavy corrigendum cycle.
8The extension follows revised PFDs, plot plans, P&IDs and discipline documents that materially change the bid baseline.
8The bigger question is whether the extra time is enough to keep competition alive without inflating EPC risk pricing.
 
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8ONGC’s PRP-X is more than a replacement pipeline tender.
8The package folds rigid pipelines, risers, hot tapping, deck extensions and live-platform modification into a single offshore execution test.
8The real story is how much technical uncertainty the contractor must price before the field is fully verified.
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1) IOCL narrows Kaithal CBG cluster QRA tender to three technically qualified bidders amid stringent pipeline-risk evaluation
8The qualification outcome suggests that conventional industrial safety capability alone was insufficient for pipeline-linked bio-gas infrastructure assessment. The tender may now serve as an early indicator of how India’s future CBG-to-grid projects will be technically governed.

2) HPCL’s Mangalore LPG pipeline award exposes a brutal new pricing floor for intelligent pigging vendor
8Find out more

3) BPCL awards Kandla LPG rail connectivity DPR and ESP consultancy contract to M R. Technofin Consultants
8Find out more

4) India’s refinery expansion boom is quietly reshaping the instrumentation contractor hierarchy at NRL’s NREP project
8Find out more

5) Konstelec’s win in NRL’s RPTU instrumentation package signals aggressive refinery EPC execution pricing at NREP
8Find out more

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8They are looking at AI/ML-enabled demand engines capable of modelling petroleum, LNG and alternate-fuel disruptions till FY2050.
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1) Refinery’s coke drum crack may expose hidden retrofit risks in India’s ageing coker fleet
8A coke drum that reportedly operated failure-free for over two decades cracked only after automation-led retrofit modifications changed flow geometry and load distribution. The investigation could reopen uncomfortable questions around how Indian refiners validate ageing equipment after automation upgrades.

2) IGGL’s Duliajan feeder line EIA tender tightens environmental qualification barriers while accelerating Northeast gas corridor readiness
8Behind the EIA language, the tender reveals how aggressively the promoter is trying to accelerate Northeast gas infrastructure readiness.

3) CPCL’s digital logbook tender delays are exposing how unprepared refinery ecosystems remain for real-time operations digitisation
8Know more

4) IOCL’s repeated extension on a low-value reformer tube tender signals a deeper scarcity in India’s refinery integrity market
8Know more
 
5) GAIL may be discovering the limits of pushing engineered midstream procurement through GeM
8Let us tell you why

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1) Paradip is emerging as one of India’s toughest compliance theatres for oily-sludge disposal contractors
8Odisha-linked permissions are now emerging as a decisive participation factor in hazardous-waste packages around Paradip. Contractors without local regulatory alignment face higher mobilisation friction. That could gradually reshape regional waste-handling competition across eastern India’s refining corridor.

2) CPCL’s Refinery-III shutdown insulation tender extension signals pressure on specialised refinery maintenance participation
8The extension comes despite a shutdown-critical execution schedule. Contractors appear to be weighing operational liabilities against compressed execution windows. The final bidder mix could reveal how constrained India’s refinery insulation contractor ecosystem has become.

3) IOCL’s consultant panel may become the hidden command centre behind future hydrogen and petrochemical bets
8IOCL is effectively building an external brain trust covering hydrogen, catalysts, specialty chemicals, mobility and long-range market forecasting. The firms that make this panel could quietly influence future downstream and transition capital allocation.

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8Old and entirely running on conventional fuel It has nowhere to go
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8His appointment became effective 30 April, just as the Hormuz-driven gas cost spike was transmitting into city gas prices.
8The first six months of his tenure will be defined by pass-through decisions he did not design.
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8Where is the company going to deploy all the cash it has picked up during the crisis?
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8It cannot any more Also know more on why Morbi factories are now facing a labour shortage
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8There seems to be a persuasive logic behind this argument
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8Which tier — airline, OMC, or consumer — ultimately takes the hit is the question
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8The logic is blunt: in a high-gas-price environment, using gas to move gas is an economic absurdity.
8The operational saving per compressor is calculable.
8The barrier is procurement and execution, not economics.
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8CBG grid injection as the single most urgent near-term action, claims this expert
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8Find out what the data says
8There is a lot to be done
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8Europe has 70. That gap is no longer a planning footnote.
8It is a national emergency. The money to fix this has been calculated but who will foot the bill
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8The ambitious plan is moving ahead again
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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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8ONGC has delayed tenders even as rig availability tightens
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For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
8Qatari LNG outage shifts global gas market into structural deficit Details
8BP adds three Indonesia exploration blocks tied to Tangguh LNG Details
8Golar LNG stock price target raised to $67 by BTIG on strong Q1 Details
8REnergy Dynamics bags two waste-to-CBG projects in Tamil Nadu Details
8Advait Energy, TECO sign MoU for hydrogen fuel cell manufacturing in India Details
8250 km in single refill, but here’s why hydrogen buses may not work in city Details
8Government notifies standards for petrol blends beyond E20 Details
8Supreme Court refuses to defer hearing in KG Basin gas dispute Details
8US-Bangladesh sign energy pact amid scrutiny over Adani deal and West Asia war Details
8IEA: Oil shock sparks surge in EV sales Details
8The global energy crisis is driving countries back to coal Details
8Global gas markets may be underpricing the Middle East LNG shock Details
8New finds to catalyse Indian natural gas business: ICRA Details
8India faces 400,000 barrel per day LPG shortage amid energy crisis Details
8IGL hikes CNG prices again; Delhi rate crosses Rs 80/kg Details
8Andhra govt clears 2,250 MW Adani pumped storage project in Kadapa Details
8India weighs $1 billion aid for private electric buses, trucks Details
8Kotak warns of massive fuel under-recoveries despite recent Rs.3/litre price hike Details
8Govt keeps domestic LPG prices unchanged at 913.5 Details
8Tankers exit Strait of Hormuz with six million barrels of crude oil Details
8China's Xi, Russia's Putin praise ties but see no energy headway at Beijing talks Details
8Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA Details
8Fuel price hike sparks public outcry as petrol, diesel costs rise across India Details
8India Oil says revenue loss on LPG widens in May Details
8Krishna-Godavari basin dispute: Reliance and others seek mediation, SC refuses to halt hearing Details
8Oil falls after Trump says US will end Iran war 'very quickly' Details
8Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects Details
8India prepares to send oil tankers through Hormuz for new supply Details
8Ready to flex ethanol muscle, E100 gets road map to cut oil imports Details
8BPCL wins gold award for renewable energy integration at Greentech Energy Summit 2026 Details
8ONGC wins digital transformation champion award at ICC technology excellence awards Details
8GAIL Gas signs industrial PNG supply agreement with SAIL’s Rourkela Steel Plant Details
8ONGC hosts interns under Prime Minister Internship Scheme at Rajahmundry facilities Details
8GAIL hosts 22nd HSE workshop in Delhi, focuses on safety, risk management & digital innovation Details
8Indian Oil final dividend 2026: Maharatna PSU rewards shareholders after record FY26 profit; check payout and key dates Details
8India secures oil supply with steady Russian crude inflows Details
8India’s oil trade deficit may widen sharply in FY27: CRISIL Details
8Fuel price hikes can help cover India’s need for $30 bn in FX reserves amid oil shock Details
8India plans to send oil tankers through Strait of Hormuz for new supply amid Iran conflict disruptions Details
8Gita Gopinath flags inflation, more fuel hikes likely; says rupee at 100 no worry Details
8Is green hydrogen India’s key to withstanding global oil crisis? Details
You can also click on Newsclips for more
Details
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo

Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Project Name: Lucknow District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details
8The execution playbook for new private sector E&P is closer to US shale roll-ups than to ONGC-era E&P.
8Whether the two business cultures reconcile is the bet shareholders are now being asked to make.
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8Title is disputed. The physical product is no longer separable.
8The conciliation before a retired Chief Justice is being framed as cooperative; it is also unavoidable, and the framing does not change what the tanks contain.
8Also, HOEC’s third-party resale of B-80 cargo — who is the buyer, and why is HOEC not naming them?
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8HOEC is reselling B-80 cargo to a third party it has not yet named. Antelopus Selan is positioning for operator-level revenue capture.
8The upstream-to-refinery monopsony that defined Indian E&P is loosening at exactly the moment everyone is watching demand.
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8The rupee has weakened against the dollar on oil. The pass-through has begun in input costs.
8The MPC posture will follow, and the conversation about rates in the second half of 2026 starts here.
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8100% PI across three Assam-Arakan blocks.
8The competitive read against OIL India is the underdiscussed angle, and the next round of regional service tenders will reveal who has the inside track.
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8Multiple connectivity packages have been awarded in recent quarters.
8The CGD operator’s CNG station expansion is now visible in tender flow, and the upstream supply commitments will follow.
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8A low-profile name on a flagship sustainable aviation fuel project.
8The 50:50 structure is a departure from IOCL’s usual majority-controlled vehicles.
8What did M11 bring to the table that warranted equal voting rights?
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