Here is an onland oil & gas field, where some action will happen going ahead. 8The total investment is a whopping Rs 7700 crore for a development driilling programme. 8And after post-COVID issues are settled, expect RFQs to come out for it. Click here for more detailsDetails
Some private E&P operators continue to make money even under the current low price environment 8Here is one example of an operator with three fields staying well above water at $40/bbl Click on Details for more
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8Even though GAIL continues to claim that gas demand is reaching normal levels, the company continues to divert LNG cargoes a the last moment. Here is one instance this week
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The Kochi-Mangalore pipeline looks like is being readied for commissioning 8Is an LNG cargo lying in wait for line filling purposes? Click on Details for more
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IOC Ennore LNG terminal is witnessing a sudden rush of activity after a period of lethargy. 8But why is IOC importing from a place where no one else is? Find out more
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For reference purposes the website carries here the following tenders: 8Supply of steam traps for PH3 units Details 8ARC for Supply of Stationery Items as per tender specificationDetails 8Procurement of Chemical/ Mud Suction Tank for Work Over Operations Details 8Hiring of PMC services for stakeholders jobs including natural gas pipelines HDD & other associated pipeline-terminal works Details 8Procurement of Motors Details 8Supply of Dimethyl Disulphide DMDS Details 8Operation & Maintenance of civil works for BCPL township Details 8Hiring of services for Annual Civil Maintenance contract at Township Details 8Hiring of services for support assistance Dresser at GAIL Gandhar Details 8Annual Rate Contract for HT motor and DG set installed at GAIL Gandhar Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India to simplify gas pipeline tariff to boost demand Details 8Dharmendra Pradhan says pipeline tariff rationalisation, gas pricing freedom on anvil Details 8CBI books alleged arms dealer for corruption involving Korean firm for ONGC-related contract Details 8Pause on petrol, diesel price hike for 3rd consecutive day Details 8INNOVATION: IIT Hyderabad researchers use novel method to study biofuels Details 8Baghjan blowout: Environmental Impact Assessment by ERM in progress Details 8Efforts to cap OIL gas well fire in Assam continue Details 8Bokaro police assures ONGC of safety around its Gomia CBD project Details 8Fuel demand shock threatens future of Australia's oil refineries Details 8CVR Refining, HollyFrontier cut jobs at US refineries: sources Details 8Russian oil output falls to 9.32 mln bpd in June, close to OPEC+ goal Details 8China's CNPC targets 50 per cent slash in methane emission intensity by 2025 Details 8Japan's investment drive in LNG faces risk of souring Details 8U.S. oil M&A activity rises in Q2 on Appalachian gas deals - Enverus Details 8Oil falls as growing coronavirus cases stoke fuel demand worries Details 8OPEC basket oil price rises above $40 for first time in 4 months Details 8Oil product demand growth will never recover to pre-COVID levels: Citi Details 8Jordan says Iraq suspends daily crude oil shipments Details 8Russia's Novak sees global oil output cuts easing from August Details 8US oil & gas rig count hits record low for 9th week: Baker Hughes Details 8Wall Street sees Exxon paring asset values on weakening demand Details You can also click on Newsclips for moreDetails
8It is not as if Oil India Ltd does not have projects linked up 8It is just that the management's attention is entirely focused on the blowout 8OIL's cost of production in its nomination blocks are low, and while it will have to do a fresh set of IRR calculations because of COIVD-19 and the fall in prices, here is one ,massive Rs 10,000 crore investment that can well go through in parts Click here for more detailsDetails
India's gas exchange was recently launched with much fanfare but this website has been skeptical about whether it will ever be able to deliver results. 8The gas supply landscape in India is riddled with landmines. 8And the exchange seems to have just stepped into one.Details
Oil India Ltd is under severe pressure on account of the Baghjan field 8But the company has the potential of meeting the gas demand of the North East, including the North East grid if it monetizes the gas reserves at its disposal Click on Details for more. Details
The fate of an LNG terminal is inextricably linked to the efficiency of its evacuation network 8It can make or mar a terminal. 8The Kochi terminal and its low capacity utilization is an example 8But others are now showing anxiety, including Swan LNG and Chhara LNGDetails
For reference purposes the website carries here the following tenders: 8Purchase of Foam Generators Details 8Transportation of ATF Ex Vijayawada TerminalDetails 8Services for Monitoring of Cooling Water Treatment and Effluent Water Treatment Details 8Procurement of HSD Details 8Supply of Non-Intrusive Type Pig Signaller/ Passage indicator for Hazira and Silvassa base with installation and commissioning demo at site Details 8Contract for Mechanical Maintenance and Audit Compliance Jobs Details 8Procurement of Mass Flow Meters for Ennore Costal Installation Details 8Supply, Installation & Commissioning and CAMC of Online Distillation AnalyzerDetails 8Job of providing services for peripheral operations assistance activities for barrel filling and blending activities Details 8Charter Hiring of Hot Oil Circulation Unit (HOCU) along with 20 KL tanker Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8LPG prices hiked for second consecutive month Details 8ONGC shares tank 4 per cent after first-ever quarterly loss Details 8Petrol, diesel prices go for a longer pause; LPG, ATF rises Details 8Sukhbir Badal urges PM to bring down fuel prices Details 8Debris removal underway at Assam gas well site Details 8India's fuel demand continues to recover in June Details 8Petrol sales up 36 per cent, diesel 20 per cent in June Details 8AAP workers protesting against fuel hike detained Details 8ONGC, OIL top bidders for 11 oil, gas blocks Details 8Flood continues to affect efforts to douse fire at Assam gas well Details 8E S Ranganathan joins GAIL as marketing chief Details 8India to simplify gas pipeline tariff to boost demand Details 8Dharmendra Pradhan says pipeline tariff rationalisation, gas pricing freedom on anvil Details 8Renewable energy's share of German power mix at 55.8 per cent in H1 Details 8CBI books alleged arms dealer for corruption involving Korean firm for ONGC-related contract Details 8S M Vaidya takes over as Chairman of Indian Oil CorporationDetails 8Iraq to halve Basra oil exports in July Details 8Oil prices dip on demand worries as California reimposes restrictions Details 8Venezuela's oil exports sank in June to 77-year low: data Details 8US crude stockpiles drop sharply as imports fall, refining rises: EIA Details 8Thrown for a LOOP: Big US offshore port's crude exports in surprising surge Details 8BP completes sale of Alaskan oil and gas producing properties to Hilcorp Energy Details You can also click on Newsclips for moreDetails
To understand why very few LNG is coming to India from US and some other terminals, it is imperative to understand the short run marginal costs of LNG terminals around the world 8The website carries here the costing breakdown of LNG terminals globally, in terms of net cost, upstream opex, LNG production opex, SG&A opex, royalty, pre-tax liquids revenue to arrive at a conclusion why LNG from some terminals are finding favour over others 8A total of 130 cargoes have been cancelled so far globally, and there are some terminals such as Cove Point (low feedgas cost) and Cameron (where offtakers are also equity partners) who have an advantage 8When will cargo cancellations taper off, and when will they peak again? 8Different analysts have made different demand estimates for LNG in 2020 and 2021, find out which ones are more reliable.Details
The Mundra terminal can take in a number of cargoes eveny month, but there is eventually a limit. Even if the Mundra LNG terminal were to want to work at full capacity, it just cannot 8It can only run at 40% 8But the path to 100% capacity utilization is complicated as of now Click on Details for more
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The lockdown and its aftermath has hit all LNG gasification plants adversely. 8And the newly commissioned Mundra LNG is no exception. 8Over the next one month, it currently has smallish cargo of of around 70607 cubic metres now unloading at the port. 8For the rest of the coming month, there are no fresh cargoes planned as of now.
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NPK Fertilizer Greenfield Project 8Cost - Rs 400 crore 8Project Event: All the project activities are on hold due to lockdown. The company was planning to release the RFQ for an EPC contractor in April 2020, but due to COVID-19, that will now happen in September 2020. The company is looking for an alternate location for this project in the state, The company wanted to use part of the land provided near the plant for a green belt, for the fertilizer project. However, it faced a lot of opposition at the mandatory public hearing meeting for environment clearance. Click here for more details Ammonium Sulphate Expansion Project 8Cost - Rs 100 crore 8Project Event: The proposal for the environmental clearance has been accepted in March 2019. RFQ for the EPC contractor is likely to be released in August in place of April 2020, due to COVID-19 Click here for more detailsDetails
As many as 21 LNG cargoes are lined up to hit Indian regasification terminals in the coming month. 8Find out which LNG liquefaction terminals are they coming from. 8Which vessels are bringing the LNG in, and where are they landing and on which date. 8What is the volume of cargo they are carrying. Click on Reports for more
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Ammonium Phosphate Greenfield Project 8Cost - Rs 200 crore 8Project Event: The company is looking for an alternate location for this project as it faces local opposition to the current site. The RFQ for the EPC contractor is likely to be released in August in place of April 2020 due to lockdown. Click here for more details Sulphuric Acid Expansion Project 8Cost - Rs 100 crore 8Project Event: The company has been signed up an EPC contractor, all the equipment has been reached the site. 80% of construction work has been completed. The commissioning is likely to be done in September in place of June 2020 due to COVID-19 as construction work was shut for a couple of months Click here for more details (Call our marketing team to access these projects, which are available through our fertilizer website, www.indianfertilizer.com)Details
The renewable energy challenge may start eating into petroleum demand in India soon enough, and refiners must take serious note 8The government is now saying that there is a massive opportunity to save as much as 600 million tonnes of oil equivalent (Mtoe) in fuel demand by 2030 through shared, electric, and connected passenger mobility and cost-effective, clean, and optimized freight transport. 8Also, know what is the latest levelized cost of electricity in India, how the data will prove that the fate of the gas-based power sector is permanently sealed in India. Click on Details for moreDetails
ONGC had sought revised price bids from bidders who had already submitted their bids agaisnt ongoing tenders because of changed circumstances brought about by COVID-19. 8The company's independent external monitors were seized of the issue after a complaint was made that it the directive was violative of tender conditions. 8A decision has come on this subject. Find out moreDetails
PLL's Kochi LNG terminal does not have a big client base. 8Even this client base seems unhappy as of now. 8So is the lessor of the terminal. Click on Details for more.Details
EPC bids for the Gujarat refinery expansion were cancelled. 8But there is rapid movement taking place on this front now. Click on Details for more.Details
Global majors are taking impariments on their balance sheets at a certain assumed price of oil for the current and the coming year 8Is this the price that Indian E&P majors should also take into account while conducting their internal workings? Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8Supply of chemicals under ARC for BPCL R&D center Details 8Operations and Maintenance of LPG Bottling PlantDetails 8Supply of MOV Globe Valves Details 8Hiring Tankage and Allied Facilities at Haldia for Receipt and Storage and Delivery of Bulk Bitumen Grades Details 8Supply of Bi-Directinal Brush Pigs Details 8ARC for supply of Helium Gas Details 8Procurement of Control Valve Spares for MHP Pressue Reducing Station in TPS and De-SuperHeater Station in SRU-IV Details 8Procurement of Pneumatic Actuator Spares for Boiler ID/FD Fan Vane at TPS Details 8Contract for conducting sampling Monitoring and Analysis of Stack Emission, effluent Ambient air Noise level Details 8Complete Factory Overhauling of Transformers Installed at Marketing Complex Details 8Preparation of the Asbuilt GA PI and Pipeline layout electrical layout and Illumination cable layout Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8ONGC reports first ever quarterly loss on impairment loss Details 8IOC to set up technology development centre at Faridabad Details 8Eight core industries including coal, oil & gas and electricity`s output contracts 23.4 pc in May Details 8India's top gas importer close to long-term deal around spot prices Details 8Gujarat: Petroleum minister’s effigy burnt, eight detained Details 8Chhattisgarh Congress workers pull truck, ride bicycles to protest against surge in fuel price Details 8AAP to hold countrywide protest against hike in fuel prices on Wednesday Details 8Reactors producing benzimidazole gas caused leakage: Visakhapatnam Police Details 8Domestic gas pricing reform on cards, controls may be lifted Details 8Petrol, diesel prices go for pause, relief likely ahead Details 8ONGC Q4 results preview: Profit may plunge up to 60 per cent, margin contraction likelyDetails 8No change in fuel prices in Delhi today Details 8India-Bangladesh form LPG joint venture Details 8OPEC oil output sinks as Saudi deepens cuts and others cut more, survey shows Details 8Shell secures biogas supply as part low-carbon shift Details 8U.S. report touts Appalachia's coal, gas future despite concerns Details 8Oil Search slashes a third of jobs, pledges more senior roles for PNG nationals, women Details 8Essar group places bid for Petrobras' Bahia refinery Details 8Oil rises after sharp drop in U.S. crude inventories Details 8Petronet says Qatargas, Exxon objected to force majeure on LNG imports Details 8Rising diesel prices may increase the modal share of rail segment: Concor CMD Details 8Brazil's oil industry sees COVID-19 impact until the end of 2021 Details You can also click on Newsclips for moreDetails
8Water is now becoming a big constraint for E&P companies, particularly in Rajasthan 8Oil India Ltd is already facing problems with regulators, will Cairn be next?Details