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Jun 2020

8Gas suppliers may have to wait a long time before demand recovery takes place
8Here is case study of an industrial cluster heavily dependent on gas but offtake seems to be stuck at 25-30%
Click on Details for more. Details
Public sector companies are hitting back against some aspects of the government's indigenization programme
8In all BS-VI projects, one category of suppliers was accused of causing a delay of as much as six months.
Click on Details for more Details
8Is there a conflict of interest at play in Barmer refinery?
8Increasingly, bidders are pointing in that direction
Find out more Details
8As the government moves towards becoming atmanirbhar, the focus will shift to foreign technology licensors.
8How big a disadvantage will it be for them? Details
For reference purposes the website carries here the following tenders:
8AMC for Fire Water Piping Jobs in refinery Details
8Supply of Pig Launcher Valves for HCPL Project Details
8Dismantalling and disposal by way of scrap of MOT tanks 11, 13 & 14 of refinery Details
8Electrical Work C&P new Spare Shed Details
8Procurement of 250 MT Pentane Details
8AMC for civil and Horticulture works Details
8Annual Maintenance Contract for Preventive Maintenance and Breakdown Maintenance Jobs Details
8CAMC of Rim Seal Fire Protection System for 3 nos of FRVT at Madurai Terminal for 3 years Details
8Providing Entrance security gate for Tubular yard at TVAX drill site Details
8Civil works at drill site CHAS cluster with well no CH#24 in RDS area Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Assam oil well blow out: District administration starts survey for assessment of damage for compensation Details
8Assam well fire continues, environment assessment study in progress Details
8Prime Minister Narendra Modi reviews Baghjan inferno situation Details
8US slaps sanctions on Mexican firms, individuals linked to Venezuelan oil trade Details
812 hikes in June push petrol rate to 20-month high Details
8Venezuelan oil production sinks to lowest output in 77 years Details
8British oil major BP raises nearly $12 billion in hybrid bonds issue Details
8Oil prices inch up on faith in supply cuts, demand recovery Details
8Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say Details
8Opec+ pushes for compliance, undecided on oil cut extension Details
8Saudi Aramco will use cash, debt to pay dividends, says CEO Details
You can also click on Newsclips for more   Details
8There are some fresh developments in the Barmer refinery project
Find out more. Details
8A refiner is building 12 product and gas pipelines going ahead
8The company will also buy over Rs 4000 crore worth of cylinders
Find out more Details
8Get the OPEC latest monthly update here
8Also, pick up BP's latest oil & gas demand estimates here
8Praj has signed a new technology deal. Click on Report for more.
8What is the latest update on OIL's blowout.Click on Report for more.
8After record earnings, the tanker market is facing fresh challenges. Click on Report for more.
8Solar heating and cooling, see how the market is moving. Click on Report for more.
8GP global has 46 tanks in Pipavav, find out how the company is doing. Click on Report for more.
8Post-COVID, the seafarer's plight is getting more difficult by the day. Click on Report for more.
8It is not just India, our neighbours are also deferring LNG cargoes. Click on Report for more.
8We had said yesterday that the much touted gas exchange will not work Find out what the exchange is all about, and how business will be done. Click on Report for more.
8Global prices in April were low, benchmark the prices you elicited against these prices. Click on Report for more.
8IGL posted a better performance in 2019-20 than the previous year. Click on Report for more. Details
DAP Greenfield Project
8Cost - Rs 200 crore
8Project Event: RFQ for the EPC contractor is likely to be released in September 2020.
Click here for more details
(This is available through www.indianfertilizer.com) Details
Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
8Project Event: A prominent oil and gas name is the EPCM and ground level work etc were started in February, but then now everything is at a standstill, commisisning timeline is December 2021.
Click here for more details
(This is available through www.indianfertilizer.com) Details
PLL has a formidable alliance with Qatagas
8Find why that will hold PLL in good stead in the future, as Qatar will deliver the world's most competitive LNG going ahead
8Find out how competitive Qatargas will be compared to its competitors
8And in India, Qatar may well look at import terminals to secure gas supplies
Click on Reports for more Details
Get an overview of LNG cargoes coming into India for the next month in terms of
8Incoming berthing port
8Jetty
8Name of vessel
8ETA and ETD
8Kind of cargo
8Volume
8Shipper
8Receiver
8Load port
Click on Reports for more Details
It may seem like domestic steel manufacturers are having a field day as India turns inwards for line pipes and tubes
8But they seem to have a bunch of problems quite of their own Details
Our project engineers have their ears to the ground constantly and they are saying that even through 2G bio-ethanol plants are not the flavour of the season as of now, here is one promoter who seems keen to go ahead
8RFQ for a licensor is expected in July
8Find out more on the project promoter, project background and what is happening next
Click here for more details Details
8Find out why going local as called for by our Prime Minister is more complicated than it seems for the oil and gas industry
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Mechanical Seal Spares at refinery Details
8Laying of PE pipeline network along with last mile connectivity and direct marketing agency for Piped Natural Gas domestic, commercial and industrial consumers Details
8Supply of Corrosion Inhibitor at refinery Details
8Procurement of Offshore pipeline survey of 48 inch diameter pipeline Details
8Annual Contract for Operation and Maintenance of DG Set ,PMCC, other equipments in substation etc. Details
8Providing IFM Services for BPCL Offices Details
8Procurement and Installation of Battery Banks and Spare Battery Cells for SV Stations Details
8Aboveground GI Installations including Last Mile Connectivity at Consumer End Details
8PSARA services in Gujarat locations Details
8Supply and Commissioning of UV-IR Flame Detectors as per specification Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8PIL at Gauhati HC against Centre's nod to OIL to drill inside forest Details
8Kerala: Collector asks oil firm to expedite city gas project Details
8IGL Q4 results; Net profit up 12 per cent on higher gas sales Details
8Jharkhand: State hikes fuel prices to make up for lockdown losses Details
8Street cautious on HPCL after 99 per cent drop in Q4 net profit Details
8OIL assures of safety measures at well site Details
8Vizag gas leak: LG Polymers' response awaited on questionnaire, says high powered committee Details
8Fuel prices rise again in Delhi, troubled commuters urge govt to provide relief Details
8Akhilesh demands roll back of hiked petrol and diesel prices Details
8Petrol price up by 55 paise/litre, diesel by 60 paise; straight 11th day hike Details
8Saudi Aramco completes $69 billion SABIC stake deal, extends schedule Details
8Saudi Aramco donates $500,000 to Indian red cross society for Covid relief Details
8Oil prices drop on demand worries as coronavirus cases rise Details
8Second wave of Covid cases to keep oil prices in check; WTI to hover around $36/barrel Details
8Crude oil futures decline on low demand Details
8Oil rises on positive news of COVID-19 drug study Details
8UK inflation drops to four-year low in May as oil prices slump Details
You can also click on Newsclips for more   Details
8A public sector refinery has gone public on the challenges it will face while ensuring that procurement against all tenders up to Rs 200 crore should be done indigenously.
Find out more Details
8There has been some confusion over a key GAIL appointment
Click on Details for more Details
8Cairn India is unwilling to wait for a sorting out of the mess created by its termination of contracts of the big three service providers in the Barmer field
8It is taking control of some of the key service operations itself.
Click on Details for more. Details
A ranking of E&P blocks by production recovery factor, wells drilled, workovers done, technology infused, well staus, gas flaring mitigated, cost of produciton, discoveries made and HSE compliance undertaken is too simplistic a tool to catch every nuance.
8Even so, the results throw up a few surprises
8The cost of production of some of these blocks are really quite low
8Not just that, there is a large sprinkling of low cost private sector blocks in the ranking, which proves that there is still money to be made in the E&P segment for enterprising enterprenuer.
Click on Reports for more. Details
What is the latest on the Panipat Refinery expansion?
8It was meant to be a big one, with a 10 MMTPA capacity addition.
8EIL is the PMC for one EPCM segment of this massive project
8There is EPCM-2 and EPCM-3, as also a licensor-cum-EPC and three other EPC tenders which were to have been afoot.
Click on Details for more Details
The PNGRB has allowed the setting up of independent LNG dispensing terminals outside of the preview of CGD operators.
8This is going to provide a big leg-up to the the virtual pipeline network system in India, and the use of LNG as a fuel in heavy vehicles.
8LNG suppliers feel there is yet another big step that the PNGRB needs to take to give virtual networks the escape velocity
8But find out why the regulator will be unwilling to play ball. Details
8Construction work on this major IOC gas pipeline is on hold and will start only in August
8As a consequence some downstream projects have been hit
Click on Details for more  Details
A refiner has admitted that in the aftermath of COVID, it has given time extensions
8Also, more interestingly, it is giving cost escalations too, albeit on a case by case basis
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Transportation of MTO Ex HPCL Vizag Terminal to HPCL Kolkata Terminal Details
8Supply of water through tankers Details
8Supply of IBM Qradar Software License & Subscription as per tender Details
8Supply of MP Steam Control Valves Details
8ARC for Anchor Bolt Fixing, Rebar Fixing, Concrete Core Cutting and Saw Cutting related work Details
8Hiring of 62.5 KVA DG Set on firm basis Details
8Global Expression Of Interest for Integrated Development Services for Surface Facility Works within RJ-ON-90/1 Block Details
8Global Expression Of Interest for Integrated Development Services for Drilling & Completion of Wells at Barmer Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Stop profiteering from misery of poor: Rahul Gandhi to PM on fuel price hike Details
8Odisha: Fuel price hike leaves consumers fuming Details
8Petrol, diesel prices rise to 19-month high Details
8Fuel demand improves sharply in June as country reopens after lockdown Details
8India plans to nearly double oil refining capacity by 2030: Pradhan Details
8Aviation fuel prices raised second time in June Details
8Army team surveys spot to construct bridge at Assam's gas well site Details
8AK Jana takes over as IGL's new Managing Director Details
8Uniform transmission tariff will boost liquidity, ensure robust price discovery: Rajesh Mediratta, IGX Details
8HPCL keeps Rs 12,000 crore capex plan despite slide in profit Details
8ATF price hiked by 16.3 per cent; petrol up 47 paise, diesel by 93 paise per liter Details
8Sonia demands rollback of fuel prices, writes to Modi Details
8Next leg of RIL debt-reduction to be driven by strong cashflow from energy business: Report Details
8India's IOC awards US crude purchase tenders to Trafigura: sources Details
8Global gas inventory swells as demand recovers slowly: sources Details
8Increase domestic steel usage: Dharmendra Pradhan Details
8Plane speaking: IEA says aviation to hold back oil recovery Details
8Venezuela's oil exports plummet as shipping contracts get suspended Details
8Iraq lowers June oil exports, gets closer to OPEC+ target: sources Details
You can also click on Newsclips for more   Details
For seafarers, crew changes are happening far too slowly
8And there is a need to get the process expedited
Click on Details for more Details
8The LNG market is facing its "moment of truth".
8And there is now serious talk of negative prices
Click on Reports for more Details
8A second LNG cargo has appeared in the horizon heading towards India
Click on Reports for more Details
What is going on in HPCL's 9 MMTPA Barmer refinery is cause of great frustration for everyone
8Two important packages have gone unawarded
8And the next steps are still not clear but the website tries to visualize what are the next steps here Details
ONGC has got three deepwater drilling vessels deployed in its flagship KG-DWN-98/2 block.
8There has been some developments with them.
8Get a rig-by-rig update on what is on here. Details
Given that COVID cases are increasingly proliferating in government offices, the rules have now been relaxed
8These revised rules will also hold for public sector companies by default, and that will come as a big relief. Details
When is RIL going to supply 5 msmcmd of gas to its buyer?
8Another 5 mmscmd of gas is likely to tendered out as well, when is that likely?
8Also, will a different pricing strategy be likely for the next tranche?
Click on Details for more Details
In the aftermath of the virus, CNG volumes are moving up slowly
8But the pace of growth is disappointing, and that is the way it is likely to stay for some more time
Click on Details for more Details
8The virus has carved out a niche for itself in India's offshore infrastructure.
 Find out more on where it has struck   Details
The Dahej LNG terminal seems to have much more crowded calendar for the month ahead
8Cargoes are being brought in not just by Petronet LNG but also by GSPC, GAIL and even IOC
8Mundra's next cargo is linked up for this week but the berth otherwise remains unbooked for the rest of the month, according to data collected by us
8Kochi seems to have no cargoes lined up according to what we have
8Two US cargoes are lined up as of now
Click on Reports for more Details
The China-India relationship is in quite a bit of a mess given that the border standoff still persists
8But there are other simultaneous developments taking place.
8Eventually, the website argues that the standoff may impact the Indian oil & gas contracting space.
Find out how this is so Details
The gas exchange was inaugurated with much fanfare yesterday
8Find out why it won't work. Details
For reference purposes the website carries here the following tenders:
8Supply of 450 SCMH Booster Compressor Package Details
8Procurement of Steam Traps for LP, MP, HP and VHP steam trap for overall plant Details
84” LPG Pipeline Modification Work of Gailips-Mansarampura Details
8Contract for service for providing Operational Assistance in Marketing Department Details
8ARC for Civil Maintenance at SV/ IP/ Terminals if Gail Maharashtra Region Details
8Annual Rate Contract for Supply of HTD Belts as per tender Details
8Hiring of Gas Compression Services for a period of 3 years Details
8Hiring of miscellaneous services for Operation & Maintenance related jobs at Neelam and Heera process platforms for 2020-23 Details
8Civil works for installing cable winding machine for Well Logging Services Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Kerala: Kochi gas plan moves at snail’s pace Details
8Gas exchange opens a new chapter in India's energy history; New tariff policy soon: Pradhan Details
8Vizag gas leak incident: SC asks Andhra HC to decide on LG Polymers' application by next week Details
8New pipeline tariff, authorisation policy to push for higher share of gas in energy basket Details
8Dharmendra Pradhan visits Baghjan, vows action against guilty Details
8Vizag gas leak: Chandrababu Naidu writes to kin of 15 victims, announces Rs 50,000 assistance for each Details
8Assam well fire continues, Army joins efforts to douse blaze Details
8Government eyes common gas trading hub for Indian price benchmark Details
8India steps up bet on gas with first gas trading exchange Details
8Baghjan oil well inferno: Ascertain reason of tremors on emergency basis, Assam CM tell scientists Details
8RIL's surplus inflows may be used as war chest to speed up organic, inorganic opportunities: Report Details
8Crude below $40, fuel prices at 21-month high Details
8Saudi Aramco buys SABIC shares on market as it completes acquisition Details
8Saudi Aramco cuts July crude supplies to at least 5 buyers in Asia Details
8Crude oil futures slump on weak global cues Details
8Oil prices ease as coronavirus infections rise Details
8UAE confident that OPEC+ laggards will meet oil cut commitments Details
8Chesapeake Energy to file for bankruptcy as soon as this week - sources Details
8Driller charged over contamination in 'Gasland' town Details
8Russia's Gazprom to reimburse Poland $1.5 bn Details
8UAE says low oil price unsustaible, warns of shocks Details
You can also click on Newsclips for more   Details
IOC had cancelled the EPC bids for the Gujarat refinery expansion
8What is really going on here?
8The expansion itself on hold?
Is the expansion cancelled? Details
Ammonia Storage Tank Greenfield Project
8Cost - Rs 100 crore
8Project Event: The finalization of the LSTK contractor is on hold due to the lockdown. Three companies are in the race for the LSTK contractor. The LSTK contractor is likely to be finalized in August 2020 and construction is likely to start in September 2020.
Click here for more details
Ammonia Brownfield Project  
8Cost - Rs 250 crore
8Project Event: The project is in the initial phase and discussion is ongoing, All the project activities are on hold, the project activities is likely to be started in September 2020. RFQ for the LSTK contractor is likely to be released in October 2020.
Click here for more details
(Available through www.indianfertilizer.com) Details
Under current circumstances, this is a big enough project, with the cost pegged at around Rs 1200 crore
8It involves offshore pipeline replacement and additional evacuation facilities
8RFQs were meant to come out earlier in March, but like everything else, they have been delayed and will come out in August
8Point to note, this is not an ONGC project.
8Well, we have our engineers working hard, just like yours, to collect information from the ground everyday on business opportunities ahead..
8And there is a fee to be paid to know more. We have mapped the entire oil & gas sector in a easy-to-handle matrix wrapped around a sophisticated software that tells you were your next business opportunity can lie.
8Trust us, a deal can be just a phone call away
Click here for more details, including full project details, promoter details and key contacts   Details
Over a 100 US LNG cargoes have been canceled
8And there is the strange sight now of LNG cargoes going to US instead of the other way around
Click on Reports for more Details
Global oil demand will not recover from the COVID shock for at least two to three years but Indian recovery will be faster, but by how much?
8By how much will E&P investments fall?
8What happens if the virus remains uncontrolled?
8What is the breakeven cost of oil & gas assets as of now
8As an oil & gas operator, what kind of benchmarks should you go by?
Click on Reports for more Details
What kind of CNG volume hit are being worked into a functioning CGD company for the current year as a result of COVID
8While lockdown has cut volumes to as low as 15-20%, volumes are improving now but clearly they are showing signs of beign sticky going up
Click on Details for more. Details
8There are subtle and nto very subtle ways in which a monopoly gas supplier can stop a competitor from getting into the gas supply business even if its pipelines are not used.
8When it comes to a competing fuel like LPG, the natural gas or LNG supplier is using strong arm tactics to keep buyers in leash
Click on Details for more Details
8A groundswell of support is brewing for seafarers stranded at sea
Find out more click on Report. Details
A 31-km, 20-inch offshore gas pipeline is coming up
8Some movement has been noticed of late on this pipeline
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of 2 MVA Transformer for Phase-1 Nitrogen Plant Details
8Civil, Mechanical and Electrical Job at new Retail Outlets as well as existing Retail Outlets Details
8Self Closing type LPG Cylinder Valves to various LPG Bottling Plants Details
8Providing highly skilled, skilled and semiskilled retail outlet operating manpower services at HPCL ACC, Sajgaon under Vashi Retail RO Details
8Annual maintenance contract or Comprehensive annual maintenance contract for safety equipment installed at various POL depots and terminals Details
8Supply of Shell and Tube Heat Exchangers Details
8Supply of Mechanical Seal Spares Details
8Annual Rate Contract for Civil maintenance work at WRPL Chaksu Pump Station Details
8Design and commissioning of mechanized ows and allied works for the proposed expansion of petroleum storage depot Details
8Request for Information for Corporate Broadband connection for Depots in South Zone Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Gauhati High Court dismisses PIL on Assam gas well tragedy Details
8Covid-19: Is 2020 a year to forget or a year of learning for Oil & Gas sector? Details
8Oil India loses 638 MT crude oil due to blockades at Assam fire site Details
8Oil India Ltd to investigate tremors near Baghjan blowout site Details
8Baghjan gas blowout: Senior oil min officials hold discussion with US specialists Details
8Petroleum Minister in Assam, to visit Baghjan inferno site today Details
8Goa: Petrol and diesel prices rise for 7th day in row Details
8Prices of petrol and diesel should be brought under GST, says Congress Details
8India to begin natural gas trading with three delivery hubs Details
8Experts from US, Canada join hands to douse Assam oil well fire Details
8Govt, OIL to compensate all affected in Assam gas well tragedy Details
8Fuel prices rise over Rs 4 per litre since resumption of daily revision Details
8India to get its maiden gas trading platform Details
8Fuel price hike causes trouble for commuters in Delhi Details
8GAIL rating: Reduce - Impact of Covid on demand makes outlook bleak Details
8Oil prices drop as rising U.S. coronavirus cases stoke fears of weak fuel demand Details
8Iraq agrees with oil companies on deeper output cuts in June Details
8OPINION: Oil demand isn’t roaring back yet Details
8Yemen aims to raise oil output 25 per cent within months, minister says Details
You can also click on Newsclips for more   Details
8The lead partner's comments on new LNG projects has caused some consternation among partners in the Mozambique LNG project, in which the Indian trio of ONGC, OIL and BPCL are involved
Click on Details for more Details
8Plastic reprocessing plants have quick payback periods
8With the right technology, the payback period is short too
Click on Report for more Details
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