All content in this website is sourced legitimately

Archives

All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.

May 2020

The ONGC's senior most executives in Delhi go to really extraordinary lengths to keep the virus out.
8And in doing so, they are really tough on themselves.
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Hardware Upgradation of GAIL’s Centralized SCADA System Details
8Procurement of Temperature Transmitters Details
8ARC for Emergency Response and ROU Maintenance in GAIL Cauvery basin Details
8Procurement and installation & commissioning of in situ type stack analyzers for furnaces Details
8Hiring of services for calibration and servicing of PSV Details
8Implementation of the Command & Control Centre as part of BPCL Digital Initiatives Details
8Maintenance & Handling of Mill Plus Details
8Supply of 210 ltr HDPE Containers for HPCL Mazgaon And Silvassa Terminal Details
8Supply, Installation & Commissioning of Online HC and H2S Gas Detection Systems at various Installations of Rajahmundry Asset Details
8Civil works at drill site PDAM cluster Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Mumbai: 5 CNG pumps shut, owners upset but will not protest during Covid-19 Details
8Unlike China, India`s oil demand stays weak as economy falters Details
8CPCL posts Q4 standalone net loss at Rs 1,637.56 crore Details
8Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders Details
8Oil India to drill in Dibru-Saikhowa National Park from outside Details
8Pradhan Mantri Ujjwala Yojana beneficiaries get 6.8 crore free cylinders Details
8Thick smoke from oil refinery triggers panic among locals in Vizag Details
8Indian Oil bets on hydrogen vehicle for self-reliant future mobility Details
8Dharmendra Pradhan pushes PSUs to double sourcing of domestic steel pipes Details
8Gail to commission LNG pipeline next month Details
8EU court rejects Nord Stream complaint on pipeline law Details
8Sellers beware: Price collapse triggers bartering over oil and gas deals Details
8Shell evacuates foreign staff from Iraq's Basra Gas project: Executives Details
8Crude oil at highest since March on lower US inventories, recovering demand Details
8First piece of disputed Keystone XL pipeline finished Details
You can also click on Newsclips for more   Details
Find out why oil demand may in fact go up and not down in the aftermath of the virus
8This virtue was extolled by the world's most renowned oil expert
Click on Details for more Details
Two basic facts are emerging from the global tanker market this week
8Earnings have come down to a fourth of what it was at the height of the covid problem but then many companies made a lot of money in this period
8The other is a survey that shows that size does matter in the tanker business and large companies do not earn more money because they have a larger fleet
Click on Details for more Details
8After a gap, IOCL is landing a cargo in its terminal from the US
Find out more Details
Why is GSPC importing gas from the US?
8There are two cargoes slated to come in, one on the May 28 and another on May 29, one at Mundra and another at Dahej
8Why are LNG cargoes out of the US is landing in India, when the ex-terminal price here is near about the Henry Hub price? Details
What if a private rig owner were to be find a virus attack aboard
8What options does he have?
8Also know more about why the most obvious option is not the best option Details
8Rig owners which have been served with force majeures have also been handed out an olive branch by E&P operators
Find out more Details
As E&P operators declare force majeure, rig owners are scurrying back to pour over the fine print in their contracts
8Find out what their contracts have to say
Click on Details for more Details
Natural gas is a clean alternative for coal, and now that the National Green Tribunal is actively seeking to push coal consuming industrial units to use gas, there is likely to be an unabated growth of gas as fuel for industrial units.
8But inputs received by our website indicate that industrial clusters are being wooed by another competing fuel, and the economics are turning out to be cheaper than gas.
8"Eventually this will limit the maneuvering power of the gas supplier in many industrial clusters and work as a ceiling on the prices that they can charge for supply of gas," an industry observer told this website Details
RIL and ONGC have had a fraught relationship when it comes to working together in the deepwater blocks in the KG Basin.
8The relationship remained strained ever since ONGC rejected an RIL offer for sharing of the latter's vast KG offshore infrastructure, built by Mukesh Ambani in a flush of ambition to handle 125 mmscmd of gas.
8But the duo seem to have found common ground again during this time of crisis.
Click on Details for more Details
In today's troubled times, an LNG importer has to be more adept than at any other time
8Cargo cancellations, or diversion to other geographies is now common place
8Europe is the usual destination for cargoes not finding berth anywhere else
8In Europe too, the market is complicated, with many hubs operational.
8Which ones are more liquid, and whose prices are more reliable? Which is more dependable?
Click on Reports for more Details
A start-up of idle gas based power projects would be an ideal scenario for a gas supplier in today's times.
8There were expectations that low gas prices would spark a start-up but that had not happened yet
8But a few power companies have bad actively pursuing their gas based power ambitions, taking advantage of low prices
8Here is one such company
Click on Details for more Details
Saudi Arabia and UAE did not finally play ball with India in filling up the country's strategic storage caverns
8Instead they went to China
8Was it to India's disadvantage?
Click on Reports for more Details
8Two rigs were deployed, one from a dry dock and another from an anchorge, during the lockdown
Find out more on how it was done. Details
India and Bangladesh have put together a template for higher inland water transport traffic
8These can ideal areas to push small scale LNG as bunker fuels, if the economics are right
Click on Reports for more Details
Fresh and new data is emerging on COVID-19 and its impact on business
8And also newer templates, including fresh impact data on companies
Click on Reports for more Details
India's oil demand will fall much more than gas demand
8But by how much?
Click on Reports for more Details
Domestic gas demand had grown by 5.2% during FY20 and by 2.7% during FY19.
8But it will fall in the current year, find out by how much
8Also, by how much will LNG offtake fall? Details
Even though the lockdown has been lifted in many places around the world, do not expect the LNG market to show a marked improvement beyond a point
8Cancellation of US cargoes will in fact accelerate not decelerate going ahead given the uneconomic spread between the United States and key markets overseas.
8GAIL is tightlipped of how many of their cargoes are in the cancelled list
8Why are US LNG terminals still operating if the spread is uneconomic? Details
8A big offshore contractor is now looking for work onland
Find out more Details
For reference purposes the website carries here the following tenders:
8Contract for maintenance of private broad gauge railway track and siding for LPG plant Details
8Supply, Installation and Commissioning of Battery Banks Details
8Supply, Installation and Commissioning of AHUs for HVAC Plant and Buyback of Old AHUs Details
8Providing assistance to the Competent Authority in the state of Andhra Pradesh and Tamil Nadu for acquisition of ROU Details
8Providing OHE jobs at Railway Siding Madurai Details
8Hiring of Warehouse for Receipt and Storage of Lubricants and Execution of Indents received from HPCL including Secondary transportation Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India’s LPG penetration reaches 97.5 per cent Details
8No disturbance to environment and Dibru-Saikhowa national park is envisaged: OIL Details
8OPEC chief says oil market responding well to record OPEC+ cut Details
8Oil prices climb as US stock drawdown eases supply glut fears Details
8Venezuela to escort Iranian tankers bringing needed fuel Details
8Kazakhstan says may shut oilfield with 935 virus cases Details
8Oil up on lower US stocks, firmer demand Details
8Saudi pips Iraq as top oil supplier to India in April: trade Details
8Crude oil futures rise on spot demand, global cues Details
8Asian jet fuel refining margins turn positive first time in a month Details
8Russian oil output dips towards OPEC+ quota limit: sources Details
8Angola's oil exploration evaporates as COVID-19 overshadows historic reforms Details
8Russian oil output dips towards OPEC+ quota limit: sources Details
You can also click on Newsclips for more   Details
ONGC's offshore crew change exercise
What is the current status? Details
8MRPL was meant to go ahead with an 8 MMTPA refinery expansion
What is the latest status? Details
8Expect some quick action on the Nayara petrochemical tender
8Find out what is next Details
The Gujarat refinery expansion project capex has been cut after a full review
8Find out by how much and what is next with the project
Click on Details for more Details
An ugly oil industry regulator against. regulator battle is in the offing.
8And no one is expected to emerge a winner
Click on Details for more Details
8IOC is working on keep older Euro-IV cars running on CNG in circulation on Indian roads for longer
Find out how Details
LPG demand was expected to surge rapidly ahead after free LPG cylinders were distributed
8But that did not turn out to be the case beyond a point, and Indian refineries have been caught off guard
Click on Details for more Details
The lockdown has hit everyone
8But here is one pipeline operator which seems to have weathered the storm very well indeed
8Losses are marginal and volumes are expected to be higher than last year!
Click on Reports for more Details
The run rate of Nayara refinery has gone up in over the last two weeks
8Find out why the run rate is way higher than that of public sector companies
Click on Details for more Details
8An equipment supplier's inability to deliver has set off a disastrous string of events across the offshore E&P chain in India
8It will be nightmarish figuring out what the costs are going to be, but likely to be in tens of millions of dollars.
Find out more Details
8An E&P operator has been slapped by a service provider with a $100 million bill in the aftermath of a virus attack.
 8How much of it will get paid remains a moot point.  Details
For reference purposes the website carries here the following tenders:
8Three Years Rate Contract for Fire Retardant Overalls Details
8Procurement of Gate valves and NRV for 78 header works at Mehsana Asset Details
8Hiring Services of Turnkey Transportation of Drilling Rigs Details
8Supply Installation and Commissioning Stabinger Viscometer Details
8Procurement of Domestic Pressure Regulators to various LPG Bottling Plants Details
8Imported Auto Sampler Kit GC-HS Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot at Sangrur, Punjab Details
8Renewal of GST ASP (Application Service Provider) with SAP DSC (Digital Compliance System) Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Vizag gas leak: SC refuses to interfere with NGT order directing LG Polymers to deposit Rs 50 cr Details
8Vizag gas leak: SC asks LG Polymers to move NGT Details
8Vedanta’s debt-financed acquisition will increase leverage: Moody’s Details
8Cyclone Amphan: Indian Oil refinery, Haldia Petrochem plant put on high alert Details
8Fire at LG Chem's catalyst plant in South Korea leaves one dead, two injured Details
8Crude oil futures rise on spot demand, global cues Details
8Crude oil prices gain on signs of output cuts, improved demand Details
8Past its peak? Battered oil demand faces threat from electric vehicles Details
8Democrat Biden says he would kill Keystone XL pipeline Details
8Exxon revives sale of stake in giant Azeri oilfield Details
8Google backs off on AI for oil and gas extraction Details
8Protesters chant "Shell must fall" at oil major's meeting Details
8Coronavirus creates repair headache for oil and gas industry Details
You can also click on Newsclips for more   Details
The most brutal impact of the virus in the oil & gas industry in India has felt on the East Coast of India, were ONGC and the RIL-BP combine were in the midst of investing $10 billion in developing deepwater discoveries.
8More news is coming out on how both these operators have shut down bulk of the ongoing work.
8Some work systems have been spared but may not be for too long.
8How long will it take before these blocks limp back to normal?
8Find out more on the devastating imprint that the virus is carving out on these deepwater blocks. Details
The COVID-19 attack will entail relaxation of timelines for project implementation under the PNGRB
8But for all non-COVID related cases, expect no relief, as one operator found out
Click on Details for more Details
8One of the big three service providers has began issuing pink slips it is learned
Find out more  Details
Why is it that LNG suppliers such as ExxonMobil and Qatar Gas have ignored the invocation of Force Majeure conditions by Indian buyers?
8On technical grounds Indian buyers have a weak case
Find out why Details
Gas prices have started looking up
8But they can start dipping again by August
Click on Details for more Details
8What is the latest update on ONGC's 10-vessel tender?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot Details
8Construction of Signature Gate at Gas Processing Unit Details
8AMC of HVAC System installed at MCR & Technical building of Hazira Compressor Station Details
8Procurement of Cooling Fans, Fan Covers for LV Motors Details
8Supply of Flanges and Fittings as per tender Details
8Supply of Magnetic Level Gauges Details
8Item Rate Contract for Testing of Pressure Vessels, Pipes and Lifting Equipment Details
8Supply of Zinc Stearate Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8LG Polymers completes transfer of gas from plant, port Details
8LG completes removal of deadly Styrene Monomer gas from Vizag, ships back to Korea Details
8IOC close to first tender to export fuel to Bangladesh: sources Details
8Vedanta's oil and gas head Ajay Dixit quits Details
8Natural gas demand rises by a third Details
8India's fuel demand recovery gathers pace as lockdown eases Details
8Gujarat: Petrol pump owners seek urgent help from govt Details
8Saudi Arabia crude exports rise to 7.391 million barrels per day in March: JODI Details
8Fuel sales boost signals worst of rout might be over Details
8Crude oil futures rise on spot demand Details
8Coronavirus widens climate rift between European and U.S. oil majors Details
8Oil prices climb more than $1 ahead of WTI June contract expiry Details
8Oil prices recover on demand revival signs, Brent at $33/bbl Details
8Consolidation in public sector oil firms back on table Details
8Asia shares follow S&P 500 higher, oil and gold jump Details
8OPEC+ cuts oil exports sharply so far in May - trackers Details
8Global gas demand to shrink by 2 per cent this year amid pandemic: Research Details
You can also click on Newsclips for more   Details
Despite bruising battles with Cairn India and the termination of contracts, service providers may still work for the company, it seems
8But under different terms
Click on Details for more Details
The Delhi Court judgment last month in the case involving Halliburton and Cairn India has brought into sharp relief the question of performance guarantees and force majeure invocation
8While the encashment of bank guarantees of Halliburton by Cairn India has been put on hold, a can of worms -- particularly involving issues of sanctity of a contract -- is expected to open up in this case and in others that are likely to follow in the oil & gas sector on account of the lockdown
Click on Details for more Details
The Vedanta group had a cozy relationship with the BJP government
8But oil and gas industry analysts are now having doubts.
Click on Details for more Details
The crude tanker market is going through a volatility of a kind never seen before in recent history.
8Carrier rates had soared dramatically and fallen with equal speed at the same time
8But going ahead, there are real pointers now that while 2020 will be one of the worst years for the economy, it could be one of the best for tanker companies. Details
8The next oil price slump may come in July
Know why Details
COVID-19 counter measures differ from country to country
8But a comparison of measures taken in 170 odd countries can provide a more detailed perspective on what has and has not been done in India
8It also provides a context for companies to reason with the government of India for further finetuning, quoting examples of what others are doing
Click on Reports for more Details
8What is the latest run rate of Indian refineries?
Click on Reports for more Details
The appetite for installing scrubbers have dramatically waned after differentials between high and low sulphur fuel oil narrowed very sharply
8But this should lead to complacency as the situation can change soon
Click on Details for more Details
GAIL continues to keep some units shut in its Pata petrochemical complex in aftermath of the virus attack
8But why is it keeping one petrochemical complex located in the remote North East going at 100% capacity?
Click on Details for more Details
 < 1 2 3 4 >  Last ›

Showing 51–100 of 212 items