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Jun 2021

Mukesh Ambani has promised that his deepwater blocks will supply 30 mmscmd of gas by 2023
8The third field will come on stream in Q-4, 2022.
Find out more Details
China-backed port in Sri Lanka now competes for bunker fuel with India
8Its strategic location a few miles off the main shipping lines of Asia is a big help
8Sri Lanka is building more connections to the port
Click on Reports for more Details
The following are some of the highlights of OIL's performance in 2020-21
8The company brass claims that it will take no impairment on Mozambique even through force majeure conditions are in place because insurgents are very near its operating area in the LNG project where it has a big stake. The management claims impairment will not be needed even if the force majeure continues for two years
8The company took an Rs 850 crore hit in dry wells in its KG Basin exploration as well as Mizoram, both of these missions have not been abandoned.
Click on Details for more Details
8The capex of NRL has now been pushed up
8The earlier estimate was Rs 22,000 crore
Not it has moved up to Rs 28,000 crore because of extra additions Details
The common carrier regulations are now being set to be put in place
8And a lot of standardization is expected, including about GSAs
Click on Reports for more Details
8Gas compression facilities are required on rent
Find out more click on Reports. Details
8Focus Energy has claimed that it can produce 4 mmscmd of gas from its field at Langtala
8And a gas evacuation connection is crucial for that to happen
Click on Details for more Details
Of the country's six LNG terminals, our data shows that only three are currently receiving cargoes.
8Of this one has only one cargo coming up
8Essentially, there are only two terminals working, of  which one is at half speed
8So, and there are quite a few terminals that are going to be coming on stream
8In this context, the rush to set up new terminals has to be kept in perspective
Click on Reports for more Details
Paradip refinery has a long history of vessels waiting at berth
8Currently there are three vessels on wait.
8Vessel wilting is more of a norm than an exception, despite excellent SPM based evacuation facilities off Paradip
8Is there an offtake problem at the SPM prompted by bad weather or is there a frequent refinery offtake issue?
8Or is the vessel movement department in IOC getting the schedules all wrong?
Click on Reports for more Details
8Get the chemical import matrix for the day here
8As well as a COVID-2 update on Indian ports
Click on Reports for more Details
From the recent spate of petrochemical awards, LOIs are now being handed out.
8Two LOIs have been handed out to a new kid on the block
And for them, mobilization time has arrived Details
For reference purposes the website carries here the following tenders:
8Standing Rate Contract for Supply and Installation of Retro Reflective High Masts for SZ Details
8Providing Compressed Natural Gas (CNG) Cascade Solution for running Dual Fuel engines of Drilling Rigs by utilizing High Pressure Gas from ONGC Wells Details
8Miscellaneous Civil and Associated Works Details
8Procurement of Thermal Imager for Electric Department Details
8Procurement of Double Hydrants, Water Monitors with Valves and Piping for use in Flare area at KLL Dabhol Details
8Hiring of Truck Services on Callout basis for blocks Details
8Engineering, Procurement & Construction of Quick production system (QPS) facilities at GSAH#5 well site at Balpura field of Ahmedabad Details
8Hiring of Services for F&A, Mumbai Details
8Annual Rate Contract for Testing and Diagnostic Analysis of Lube Oil Samples drawn from Rotary Equipments Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petrol price on a roll, consumers spared big hike in diesel Details
8Russian domestic oil prices soar to all-time high Details
8Middle East's share of India's oil imports hits 25-month low Details
8Saudi Aramco extends $10 billion loan on improved terms, sources say Details
8Saudi Aramco chairman Yasir Al-Rumayyan to join Reliance Industries board Details
8Nigeria's $10 bln dispute with firm to go to trial in UK in 2023 Details
8TN environment authority rejects ONGC’s application for hydrocarbon project clearance Details
8Russian domestic oil prices soar to all-time high Details
8Oil climbs as draw in US crude stocks boosts optimism about demand Details
8Indian refining giant Reliance unveils $10-billion green energy plan Details
8High oil prices will throttle recovery, Dharmendra Pradhan tells OPEC Details
8India asks OPEC to restore oil supply to calm inflation Details
8Govt seeks ‘affordable’ price, production cut phase-out from OPEC Details
8India again urges Opec+ to boost oil supply amid price concern Details
You can also click on Newsclips for more   Details
Ammonia-V revamp project (Rs 102 crore)
8In the midst of contracting
Completion expected during November 2021 shutdown Details
Find out more on why IOC chairman Shrikant Madhav Vaidya works 14-hour days and is in office Saturdays and Sundays as well
8The management structures in IOC has changed dramatically after he assumed chairmanship as well.
Click on Details to find out why Details
8Intense lobbying is currently on in the corridors of power over the issue of disqualification of Afcons because of the tragic loss of life during Cyclone TaukTae.
Find out more Details
The PESB has got a new chairperson, a person with huge business experience
8But all is not well with the PESB
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8OIl India sees to be readying up for work on offshore block KK-OSHP-2018/1 OALP group
Click on Reports for more Details
At Hazira LNG terminal, the clientele as per yesterday's data available with us is limited to GAIL, Reliance and Arcelor Mittal Nippon Steel India Ltd
8Torrent infrequently brings in a cargo for its power plants.
8RIL is now buying gas out of its own fields in KG Basin, and though its demand for gas is high, imports will be curtailed to that extent.
8GAIL will no longer ship cargoes via Hazira from August next year when its Dabhol LNG terminal becomes an all-weather port
Click on Reports for more Details
Get the daily import matrix for:
8Crude
8Fertilizers
8Chemicals
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of non-A/C diesel driven BS VI ring route buses Details
8CCTV System at 8 East Zone O&D Locations Details
8Shifting, Erection, Testing, Commissioning and Synchronizing of Gas Turbine Generator Details
8Provision of Services of Gas Engine/ Turbine Driven Natural Gas Compressor Package on rental basis Details
8Engineering, Procurement, Construction and Commissioning of RTP Pipelines Details
8Procurement of Bare/ Coated Line Pipe for MNJPL Part A Project Details
8Horizontal Directional Drilling works for HRDPL Project Details
8Hiring of Consultancy Services for Operational Risk Review Details
8Weight Chain Assembly for Main Jetty Fenders Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC draws flak over lack of safety conditions in tender to hire oil vessel Details
8Fuel prices unchanged on Wednesday Details
8Oil minister Pradhan inaugurates KIOCL projects in Karnataka Details
8Oil giants see crude at $100/barrel on supply side constraints Details
8Assam CM requests PM Modi to transfer all assets of ONGC in the North East to Oil India Details
8Middle East's share of India's oil imports hits 25-month low Details
8Gujarat: 9% spike in diesel prices in a month bloats freight costs Details
8Hike in fuel prices due to excise duty imposed by Centre, says Sitaram Yechury Details
8India refiners' May crude processing skids to 7-month low on gloomy demand Details
8Oil climbs as draw in U.S. crude stocks boosts optimism about demand Details
8Rapid fuel price hikes boost oil companies' net marketing margins on petrol and diesel Details
8FPIs fill up on oil & gas stocks as rising crude boosts margins Details
You can also click on Newsclips for more   Details
There was an IOCL retender for the installation of a 43-inch pipeline along with two SPMs off the coast of Vadinar.
8The tender has been opened, and four companies were in the race
8Here again, the difference between the L-1 contractor and the L-4, which was Sapura, was as much as double the L-1 amount
8Sub contracts are going to be out once the LOI is handed over
Click on Details for more Details
8With fuel prices sky high, find out more how the politics of fuel pricing may impact the privatization of BPCL
 Click on Details for more Details
Even as the completion date nears, the two ammonia urea plants, each worth Rs 6500 crore, are still in the very active contracting mode
8Find out what kind of contracting is currently going on
Click on Details for more Details
The 5 MMTPA Chhara LNG terminal is 60% complete as of May, 2021
8The terminal will be completed next year, though pinning an exact date due to COVID related issues is problematic.
8But activation of the terminal may face a different kind of problem Details
May oil and gas production data is out.
8And all of its is below target
8In fact, for oil, production is as much as 10% lower than for the same month in 2020
Click on Reports for more Details
The fortunes of Invenire Petrodyne Ltd (erstwhile Tata Petrodyne) seems to be looking up, driven by higher oil prices
8As also the news that the PY-3 field may start working again, as a solution is likely in the next couple of weeks
8Unsecured loans infused by the parent company seems to be a big support as of now
Click on Reports for more Details
8An E&P operator is looking for an EPC contractor to replace and add infield pipelines among its wells
Find out more, click on Reports  Details
COVID has complicated the calculations about when peak oil is likely
8And there are some scenarios where oil demand could go up instead of coming down.
8is an excellent and very comprehensive reading on the subject
Click on Reports for more Details
Get the following import matrices here
8Chemicals
8Crude
8COVID-2 updates on Indian ports
Click on Reports for more Details
At the Dahej LNG terminal, cargoes are currently slated to come in from:
8Soyo
8Ras Laffan
8Cove Point
8Das Island (2)
8Lake Charles (2)
8Point Fortin
8Sabine Pass
8Ingleside
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Work Contract for Laying of 24 Inch UG Pipeline to connect Lean Gas Pipeline Header Details
8Upgradation of HVAC System at IPS Mansarampura on buy back basis Details
8Procurement of the Certified Reference Materials and Chemicals for analysis purpose Details
8ARC for Maintenance of CP System of Pipeline Details
8Procurement of Hydraulic Jack and Puller for Mechanical Maintenance Details
8Hiring of Toyota Innova Crysta for SRG project Details
8Hiring of Contract Services for SITC of 33KV overhead Transmission Line at Compressor Station Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Retail to be next growth engine for Reliance, says a Goldman Sachs report Details
8China cuts second batch of crude oil import quotas for private refiners - document, sources Details
8OPEC+ discussing gradual oil output rise from August -sources Details
8Gujarat State Petronet Ltd’s cross-country pipeline project delayed Details
8CNG-fuelled buses to hit Kolkata streets in 6 months: Minister Details
8Covid-19: Vedanta says 'supplied' over 15 lakh litres of oxygen to hospitals so far Details
8Rising crude prices get Oil India a re-rating; analysts see 55 per cent upside Details
8India to host 9th Asian Ministerial Energy Roundtable next year Details
8OPEC+ discussing gradual oil output rise from August -sources Details
8Petrol prices close to Rs 100 mark almost everywhere after Tuesday's fresh hike Details
You can also click on Newsclips for more   Details
Aban Offshore Ltd's income has shrunk but so have it losses
8And Q4 was better than the same quarter last year
8But the company continues to bleed, going to prove that the offshore rig business continues to be fraught with disproportional risks
Click on Reports for more   Details
Can we tap the Japanese to fund some of our LNG projects
8They seem to be willing to play ball
Click on Reports for more. Details
Jubilant Oil & Gas Private Ltd is in dire straits
8This is evident from the manner in which it is handling this particular exploration block
8A a decade has gone by with no work to show
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Oil India Ltd made a PBT of a mere Rs 700 crore in the previous year.
8It has spent Rs 7000 crore buying up NRL, which an ill-suited investment, particularly as the NRL works on a 50% excise duty subsidy that may get removed once GST is levied on petroleum products.
8Then again, it also ended up buying up the Assam government's share worth Rs 1687 crore
8Then it has a problem investment in Venezuela
8To top it all, its big investment in the LNG project off the coast of Mozambique is in serious trouble as insurgents have stopped work there
8Running short of money, OIL is sending out feelers to other companies to partner in its OALP investments while it is talking to ONGC for join development of some of its Upper Assam assets
Click on Reports for more Details
There was a recent conference that tried to kickstart the long-standing demand for a refinery in the Vidarbha region.
8At the conference, it was said that a 900 km pipeline will need to serve the refinery and the refinery will cost around Rs 10,000 crore
8It has been a long-standing political demand that a public sector refinery be set up, but no one is biting the bullet, as there are already huge coastal refineries in the area, catering to the demand from Vidarbha.
8But there is a lobby group that continues to push for a refinery there
Click on Reports for more. Details
This is an ambitious coal-based ammonia-urea plant in the private sector.
8Currently, one such project is under implementation in the public sector
8And two are in the private sector
8is one of the two, but progress has been slow, though the promoters continue to claim that they are very keen indeed
Click on Details for more
8Meanwhile, the active tendering is on for the Ammonia-V Revamp Project
8Cost - Rs 102 crore
Click on Details for more Details
We see a rather thin line-up of LNG cargoes headed for India.
8Shell Hazira terminal has two cargoes lined up
8Dahej has its usual share
8And there is one in Kochi.
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Around 6.8 MMT of crude cargoes are lined up for deliveries in India
8This possibly shows a well-oiled movement system into India, as refinery rates have gone up following the lifting of lockdown
8Paradip has three vessels on wait, Kochi has two
Click on Reports for more Details
Carried here are the daily import cargo details for
8Chemicals
8Fertilizers (daily as well weekly reports)
8As also daily COVID-2 impact update
Click on Reports for more Details
A brand new LNG terminal with a capacity of 7.2 MMTPA has burst into India.
8And the company seems to have drawn up detailed plans
8They are working on FID, which is expected shorted for this three-phase project.
8The gravity-based LNG regasification facility will be installed on the seabed approximately 11km offshore Kakinada
8It will be a leased out facility, with a 25-year lease Details
8Which is the Indian partner which is involved with this massive LNG facility which is being set up on a leased basis?
8Also, know what is the one primary advantage that he enjoys that other green field facilities do not
Click on Details for more Details
In quick succession, this new bidder has grabbed as many as four downstream projects of considerable size.
8Yesterday, it was declared L-1 for a PP unit, wherein, it quoted Rs 560 crore less than the L-1 bidder
8This is the fourth downstream project that the company has cornered in the last few months.
8The total orders for which it has been adjudged L-1 are worth a staggering Rs 11,272 crore
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Tankage Works at Ramagundam, Gulbarga and Hubli Depot Details
8Pre-fabricated Canopies at Retail Outlets under South Zone Details
8Fabrication, Erection, Testing & Commissioning of LPG-Air-Fire Water-MVWS Works related to MSV at Uluberia LPG Plant Details
8Expression of Interest for supply of Bio-diesel produced from used Cooking Oil Details
8AMC for Monitoring and Maintenance of Cathodic Protection System Details
8Procurement of Control Valves Details
8Monthly Basis Cab and Taxi Hiring Services-Sedan Details
8Monthly Basis Cab and Taxi Hiring Services-Premium SUV Details
8Procurement of Stud and Nut for Gail Samakhiali Gujarat Details
8ARC for Integrated Digital Management Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Fuel prices unchanged on Monday Details
8Italy's Eni makes oil discovery in Norway Details
8Gulf states will take at least 10 years to end oil dependence: Moody's Details
8Oil steady on summer demand hopes but Iranian supply looms Details
8Mukesh Ambani says no option but to make businesses green Details
8Oil India Q4 results: Net profit falls 8% to Rs 848 cr Details
8India’s return to LNG spot market hints at post-virus recovery Details
8BPCL set to commission acrylate unit at Rs 6,000-cr Kochi PDP complex shortly Details
8No respite! Petrol crosses Rs 100 per litre in more cities, diesel prices rise too Details
8Buy Oil India, target price Rs 205: ICICI Securities Details
8Markets likely to be under pressure; RIL, Oil India, Zee in focus Details
8South Asia steps up efforts to follow global energy transition Details
You can also click on Newsclips for more   Details
8Cochin Shipyard has turned in a better-than-expected performance.
8The ship repair segment, which was lagging since Covid, has now kicked in strong revenue and margins adding thrust to Cochin’s overall performance.
Click on Reports for more Details
8Current estimated catalyst market in India is around 8 TMTPA for Fixed Bed Hydroprocessing, 40 TMTPA for FCC Catalyst and Additives which is valued at about Rs. 2800 Crore per year.
8By the year 2025 requirement is set to increase to 18-21 TMPTA for Fixed Bed, and 70 TMT for FCC catalyst per annum.
8The industry is considering setting up a number of Ebullated Bed Resid Hydrocracking units, which will result in new demand of 10-15 TMTPA for EB catalyst.
8A large number of global companies have lined up to produce catalysts in India
Find out more on who these companies are. Details
8Cairn seems to have drilled its first well in a major hydrocarbon-bearing region
8And it has turned out to be dry. Details
8Here is an EPC-cum-O&M for a LPG plant
Click on Reports for more Details
8Refinery performance improvement programme (Phase-II) in India under the aegis of the Centre for High Technology has got the usual crop of paticipants
8No one else seems to be interested
Click on Details for more. Details
There are lots of companies providing expertise on refinery digitization
8But here is a multi-refinery initiative that has drawn up its own gameplan
Click on Details for more Details
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