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May 2021

US sanctions make it near-impossible for anyone to import from China
8Yet the Chinese are doing just that, importing crude in higher quantities.
8The implications in India are quite obvious.
Click on Details for more
Details
ABB is working on a modular approach to LNG, CO2 capture, hydrogen biogas and, water treatment
8And it is finding support to this idea from the corporate community
Click on Reports for more.
Details
8The World Bank taking the stance that governments should stop supporting the development of LNG infrastructure.
 
8And a war of words have emanated as a result
 Find out more click on Reports .
Details
Cargo arrivals are normal in some ports but cargo deliveries have been adversely impacted in many ports
8In some ports, cargo operations normal, however Cargo evacuation is  affected during night hours due to night curfew
8Also, Force Majeure declaration issued by Vizag Chamber of Commerce, for the period from 05th May to 19th May 2021 will impact operations.
8Get an all-indian roundup here of the day's outlook
Click on Reports for more
Details
End of last week, GAIL is still flogging the Dabhol terminal.
8One vessel is at berth and another is lined up, could also be because the weather has sobered down from how it was last week, when the seas were rough and mooring cables were getting broken.
8Shell's Hazira has five vessels lined up.
8And that is possibly because GAIL cannot load up Dabhol and Dahej is already stretched, some cargoes have come into Hazira as a result.
8Hazira has only a couple of dedicated clients, as far as we can see: RIL and Arcelor Mittal Nippon Steel India Ltd. Torrent too, sometimes.
8RIL,  as its dependence on ethane cargoes from the US and Indian gas from its fields in KG Basin go up, its demand for LNG will fall.
8And once GAIL has its Dabhol unit gets going 24X7 from the middle of next year, there will be that much less business for both Hazira and PLL's Dahej terminal
Click on Reports for more.
Details
We are approaching a record 8 MMT of crude lineup.
8This is an unprecedented figure, a full 1 to 1.5 million higher than the normal inventory of line up.
8Clearly, vessels are either on slow streaming or on hold from port of sailing because at the ports,there seems to be no congestion.
8So the port side management seems to be quite good as of now even as inventory lineup mounts  mount
Click on Reports for more
Details
From an average of around 1 MMT, chemical imports are down to around 0.83 lakh tonnes according to our database.
8Clearly, the current spurt in COVID cases is having an impact
8Click on Reports for more Details
8Get the fertilizer import data for the day available here
 Click on Reports for more
Details
Oil India Ltd has an acquisition of five new 2000 HP VFD rigs to make
8The deadline for bid submissions after several extensions was April 39
 Find out what happened next
Details
For reference purposes the website carries here the following tenders: 
8Appointment of operator to provide services of warehouse operations for storage, receipt and dispatch of various products Details
8Carrying out Composite Works in Sonipat Details
8Steel laying and associated works in UP and UL Cluster GA Details
8Supply of Pre-Fabricated SS Tanks for ROs under SZ Details
8Supply Installation and Commissioning of 630 KVA Transformer Details
8Rate Contract for Caustic Soda Lye Details
8Custom Bid for EPMC Services Details
8Supply of MDPE Pipes Details
You can also click on Tenders
for more
For reference purposes the website carries here the following Newsclips:
8Petrol at Rs 102-mark in Rajasthan, Madhya Pradesh after 4th straight day of price hike Details
8Reliance Power posts Rs 72.56 cr profit in March quarter Details
8Oil marketing companies go on pause mode as petrol, diesel prices remain unchanged Details
8Consumers upset as fuel prices rise for fifth consecutive day Details
8FinMin asks PSU banks to keep high vigil on any attempt to seize funds by Cairn Details
8Government should incentivise use of clean fuels: IAC Details
8Petrol, diesel prices remain unchanged for second straight day Details
8Abu Dhabi's ADNOC invites banks to pitch for bookrunner roles for drilling unit IPO Details
8Numaligarh Refinery earmarks Rs 25 crore to ramp up facilities to deal with COVID-19 pandemic Details
8Oil rises 1 per cent after cyber attack forces closure of U.S. fuel 'jugular' pipeline Details
8Experts say cyberattack on US pipeline is a wake-up call Details
8Rajasthan: Transporters write to Union min, CM about high fuel price Details
8From Amazon to Tata, Reliance to Vedanta, industry steps up to combat coronavirus Details
8Oil for oxygen: Covid-hit India welcomes Saudi medical aid, boosts oil imports Details
8Dutch govt grants $2.4 billion in subsidies to huge carbon storage project Details
8Petrol price on rise because polls are over, says PCC chief Kamal Nath Details
8FuelBuddy acquires on-demand fuel delivery startup MyPetrolPump Details
You can also click on Newsclips for more Details
EIL has taken quite a hammering during this new spurt in infections. Over 200 people has been infected, and there have been several deaths.
8The management however was quick to take action. Despite a home ministry directive, given the severity of the problem, all personnel except directors and Eds have been allowed to work from home.
8It has also put together a captive medical facility.
Click on Reports for more.
Details
ONGC seems to be facing a severe COVID crisis in its offshore assets
HAL offshore has been doing well
8On higher EPC billings but it has one big liability and that is one client dependent
Click on Reports for more
8Rigs and platforms are down as dozens of COVID cases have been reported.
Click on Details for more.
Details
HAL offshore has been doing well
8On higher EPC billings but it has one big liability and that is one client dependent
Click on Reports for more.
Details
Aegis Logistics Ltd seems to have caught the fancy of a stock market analyst.
8And the scrip is expected to go sky high.
8There is truth in the story but not to the extent that it is hyped up
Click on Reports for more
Details
8Work on offshore blocks seems to have started in right earnest with at least one large Indian operator.
8There multifarious requirements coming up
Click on Reports for more. Details
For reference purposes the website carries here the following tenders: 
8Expression of Interest for identification of suitable partners/ service providers to partner/ technically assist in specific E&P portfolios Details
8Development of New Retail Outlets and Modernisation of existing outlets in Gulbarga Sales Area Details
8Development of New Retail Outlets and Modernisation of existing outlets under Cochin Ro. Details
8Annual Rate Contract for Re Tubing jobs of Shell and Tube Type Heat Exchangers Details
8Hiring of service for FRP/ Rubber/ PPG Lining in DM and other plants Details
8Hiring of Infrastructure Support Service for Data Center and Disaster Recovery Center Details
8Service Contract for O&M assistance of terminals and pipelines under Malanpur Region Details
8Expression Of Interest for Auxiliary Services for Drilling Campaign in Offshore Blocks Details
8Expression of Interest for supply of Gas Engine Driven Multistage Centrifugal Pumps Details
8Global Expression Of Interest for Integrated Development of Surface Facility Works within RJ-ON-90/1 Block Details
You can also click on Tenders
for more
For reference purposes the website carries here the following Newsclips:
8COVID-19: State-run oil companies setting up 100 oxygen generation plants in hospitals Details
8Exclusive - India offers to lift regular Saudi oil volumes in June after May cuts: sources Details
8Crude oil futures rangebound as market monitors pandemic, weak US dollar provides support Details
8Oil prices rise on buoyant China, U.S. economic data Details
8Petrol price hiked by 25 paise, diesel by 30 paise Details
8Crude oil futures rise 1% on firm spot demand Details
8India offers to lift regular Saudi oil volumes in June after May cuts Details
8IOC renews medical insurance for petrol pump attendants, LPG delivery boys Details
8COVID to shave-off 20-25 per cent of auto fuel demand in April Details
8Global oil prices edge up as investors eye fuel demand recovery Details
8Oil and Gas PSUs sign MOU for redevelopment of Badrinath Dham as 'Spiritual Smart Hill Town' Details
You can also click on Newsclips for more Details
8Get an as-of-yesterday review of chemical inventories lined up for delivery in India
Click on Reports for more Details
Has the virus upsurge had an impact on Indian ports
8Here is a port-wise audit as of yesterday
Click on Reports for more.
Details
8There is a high inventory of crude cargoes now lining up for delivery to India.
8Earlier it could have meant that larger volumes are getting absorbed but the inventory has swelled to around 7.4 MMT, indicating that offtake at Indian berths must be slower, resulting in a higher cargo inventory waiting to load.
8Ideally, a waiting list of 7.4 MMT is unusual.
8What is more, we can see some vessel cancellations taking place
Click on Reports for more
Details
8How full is PLL's Dahej terminal?
8It is not 100 percent but it is full enough, according to what we hear. Details
8By all indications, the Dabhol terminal is shutting down.
8There are no vessels on berth as of the moment. Details
NRL an its canny MD S.K. Barua are likely to face a bigger scrutiny from OIL and EIL than it did from its earlier parent BPCL.
8The NRL takeover is giving some indigestion to OIL, and EIL is waiting to get into the management seat so as to start asking questions that it had long kept to itself about the Rs 23,0000 crore refinery expansion which on a standalone basis is intrinsically unviable.
8Find out what is going on. Details
For reference purposes the website carries here the following tenders: 
8Supply of Gas Over Oil Actuated Ball Valves for City Gas Distribution Project Details
8Carrying out Steel laying and Associated works Details
8Carrying out Automation Works at Barhi LPG Plant Details
8Supply of Vapour Recovery System Details
8Procurement of Vehicle Mounted Movable Hydraulic Boom Lift for Electrical Maintenance Jobs Details
8Procurement of Dissolved Oxygen Analysers Details
8Procurement of Materials for PNG Network Details
You can also click on Tenders
for more
For reference purposes the website carries here the following Newsclips:
8Indian in UAE to produce O2 cylinders instead of CNG to aid patients back home Details
8India’s COVID-19 nightmare set to balloon global oil liquids supply glut to over 1.4 mbpd Details
8Total shared gas revenue with Myanmar military: report Details
8Delhi: Petrol price at Rs 90.74, diesel at Rs 81.12 per litre Details
8Petrol, diesel price up 2nd day in row Details
8Six reasons Asia's oil refiners aren't going away anytime soon Details
8Total presses ahead with Papua LNG, sees 2023 investment decision Details
8Rajasthan: Boost for hydrocarbon exploration as companies can take land on lease Details
8Crude oil prices fall as U.S. gasoline stocks rise for a fifth week Details
8Rajasthan State Gas to participate in PNGRB bids for 9 districts Details
8OCI confirms potential Abu Dhabi listing for fertilizer JV with ADNOC Details
You can also click on Newsclips for more Details
8This embattled drilling rig company of local credentials gets a good rating for itself
 Find out more. Details
8The central government its seems has relaxed the norms for polluting units while allocating timelines for the retirement of these units
And that may be bad news for the gas supply industry
Click on Reports for more Details
Adani-Total has been able to ramp up operations to 2 mmscmd of gas per day.
 8Also, despite Covid, there has been significant progress in developing infrastructure across the country
 -- Commissioned 3 City Gate Station (CGS) in New GAs
 -- Cumulative MDPE network more than 7400 Kms
 -- Work in progress for developing L-CNG : L-PNG stations in new GAs where there are distant pipelines
 Click on Reports for more Details
The Coronavirus inflection has hit the offshore E&P industry
8At least one rig has been withdrawn from service.
Click on Reports for more Details
Is the use of ethane been advantageous to RIL compared to gas/LNG.
8Looks like the outlook for ethane is expensive, and if RIL can procure ceiling domestic gas from its own fields, could the cost-economics could turn out to be better?
8RIL meanwhile is getting in two cargoes of ethane by mid-May.
Click on Reports for more Details
8Get to know how to make transformer oil from base oil
Get the business model here Details
A massive 7.3 million tonnes of crude delivery is accounted for, these are very high numbers.
8The lock down impact could well be marginal and this could well be because the lockdown this time around is not the same as a year ago.
8Vehicle movements are almost normal as is evident from pollution AQI levels.
8Also, there are not waiting noticed at ports. Even if run rates are down, they aren't going to go deeper unless more lockdowns are announced across the country.
8This is what are views are. Click on Reports for more Details
Currently, we are tracking about 0.74 lakh tonnes of imports
8Way down from the near 1 MMT before lockdown.
8But chemicals are also down because of price and demand uncertainty.
8For more on chemicals, go to www.indianpetrochem.com, our premium site for petrochemicals, and our biggest site. We upload up to 70 stories every day on the sector
Click on Reports for more Details
Ammonia-Urea Greenfield Project
8Cost - Rs 5500 crore
We are keeping track of it, it is a brand new project
SSP Expansion Project
8Cost - Rs 15 crore|
Know more.
Details
With the Dabhol terminal running out of steam, and with Dahej at near tank full conditions, Shell's managers can put their feet up and relax.
8Not that they do much work anyways in other parts of the year.
8They have a platinum team with literally no work to show. And business comes around this time of the year by sheer default.
8In any other company, sack orders would have been out long back but Shell LNG, as we all know is a lumbering giant, as its track record in India shows for all these years.,
8Bad management all with absolutely zero accountability. Or how else can you explain a 5 MMTPA terminal in a prime location for all these years doing literally little or no business ever since January? Our desi chaps in GAIL, GSPC, PLL, even H Energy and a host of struggling newcomers, Indian and foreign, are much better at their jobs than Shell's "international team".
Click on Reports on how Shell's default business is ticking up in terms of the number of cargoes. Details
For reference purposes the website carries here the following tenders: 
8Procurement of Flameproof & Weather Proof Led Lights for Jetty & Process Area under buy back of old removed Conventional FLP Light Fittings at Konkan LNG Limited Details
8AMC for AC & DC Back up Power Systems at Offshore Facilities Details
8Supply, Installation, Testing and Commissioning of Helideck lighting system at PLQ platform on turnkey basis Details
8Hiring of Service Contract for Fabrication and Erection of Piping Details
8Hiring of Toyota Innova Crysta for 24 Months Details
You can also click on Tenders
for more
For reference purposes the website carries here the following Newsclips:
8Petrol, diesel prices rise again after 18 days of no change Details
8Saudi Arabia expected to cut June crude prices for Asia - survey Details
8Saudi oil firm Aramco's first-quarter profits up by 30 per cent Details
8New age start-up 'The Fuel Delivery' starts operations in Mumbai Details
8State elections over, petrol and diesel prices start rising again Details
8Petroleum Minister flags off first supply of used cooking oil-based biodiesel Details
8Adani Total Gas Q4 results: Net profit rises 19 per cent to Rs 145 cr Details
8Indian gas demand hit by coronavirus surge and restrictions Details
8Global crude oil price jumps on steep drop in U.S. crude stocks Details
8Diesel doped with biodiesel made from used cooking oil rolled out Details
8Steel, oil cos become lifeline with ramped up oxygen supplies for Covid relief Details
You can also click on Newsclips for more Details
8Dabhol LNG terminal is nearing the end of its current run
8Find out why that is so Details
The Dahej terminal has its tanks are at near full conditions.
8And a lot of vessel diversions are taking place.
Find out more Details
8Petronet LNG is venturing into an area that does not have a future.
8Why is it doing so then? Details
8A 400 people rationalization has just been conducted by an oil & gas major
8And in the middle of COVID, it has been a painful experience for all Details
Established players such as Technip, L&T and Petrofac, McDermott, among others will have to look out for these new players lest they run away with all the projects.
8Bids have to be more finely attuned given the new players' proclivity to aim low.
Click on Details for more Details
In another very large downstream tender, we found rank outsiders outsmarting established players.
8This is an interesting trend, and is likely to gain momentum to weeks and months ahead.
8It is a great time also for global engineering majors who seem to have got left out of the game, and they can crawl back and mark some space for themselves with these aggressive new players.
8Or even with bumbling elephants like BHEL. Details
Get the latest chemical import matrix
8Also get the weekly fertilizer import matrix
Click on Reports for more Details
8There has been an accident of sorts in Dabhol. Nothing serious but the eventful nevertheless.
8Time to shut down the terminal, we guess, as the seas are getting rougher.
8Hazira has three cargoes lined up for the rest of the month.
Click on Reports for more. Details
Crude cargoes are moving at normal levels
8There is one diversion by Hindustan Mittal Energy, reason not known, but that is quite unusual, possibly a tank-full situation.
8No waiting seen at ports
Click on Reports for more Details
For reference purposes the website carries here the following tenders: 
8Hiring Service of Well Servicing Unit Details
8Procurement of Truck Mounted Double Engine-Double Pump Fluid Pumping Unit Details
8Procurement of Truck Mounted Fluid Pumping Unit Details
8Procurement of Truck Mounted Nitrogen Pumping Unit Details
8Expression Of Interest for Lease/ Hire of Compressors for Oxygen Enriched Gases Details
8AMC for civil works Details
8Supply of Material, Fabrication, Installation,Testing, Hookup of above group Fire Water Pipeline with associates Civil jobs Details
8Procurement, Installation & Commissioning of UVGI System for Air Sterilization in HVAC System Details
You can also click on Tenders
for more
For reference purposes the website carries here the following Newsclips:
8India's fuel sales drop in April on Covid wave Details
8Record growth in April exports, trade deficit swells to $15.24 billion Details
8Global oil prices slip as pandemic takes toll on India's fuel sales Details
8Delhi Petrol Dealers Association urges L-G, police to open one side of road at Singhu Details
8Petrol, diesel prices revision maintain pause as OMCs weigh options Details
8BSL, Vedanta to set up field hospitals to increase bed count in Bokaro Details
8OPEC's share of Indian oil imports plunges to 2 decade low: Trade sources Details
8LNG cargoes diverted from India as COVID crisis dampens demand -sources Details
8Venezuela's oil exports stabilize at 700,000 bpd after stock drain Details
8BPCL extends ex-gratia period for frontliners falling to Covid Details
8Mangalore Refinery and Petrochemicals Ltd to set up five Oxygen plants Details
8Oil price edges up on U.S., Europe demand growth prospects Details
8India's eight core industries see production rise in March Details
You can also click on Newsclips for more Details
8Numaligarh Refinery Limited (NRL) is planning to lay a product pipeline from Numaligarh to Itanagar with a capacity of 0.5 MMTPA in order to improve petroleum product supply in the North Bank of Brahmaputra. The route length for the proposed pipeline will be around 100 Km and will be passing through the Brahmaputra River. Horizontal Directional Drilling (HDD) will also be required for this project as it crosses several rivers, including the Brahmaputra.
 Click here for more details for more on what is going on here Details
Kandla-Gorakhpur Greenfield LPG pipeline project
8It is a massive Rs 10,00 crore project, line pipe orders have been placed.
8It is at the permitting stage
8More RFQs are in place
Click here for more details Details
Family businesses in India are facing the pressures of COVID
8How to keep these businesses safe and within the family?
8How to ensure that the legacy is protected?
 Click on Reports for more Details
E&P giant is doing a massive COVID 19 purchase
8Total cost could be in hundreds of crores
8Hopefully the government will pay for it.
Click on Reports for more. Details
8Not that much trading is happening but get Trading & Settlement Calendar for May 2021 for IGX
Click on Reports for more Details
8COVID in India is now causing a global crew change crisis all over again
Click on Reports for more Details
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