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Jul 2020

8The PNGRB circular allowing others to set up LNG stations in CGD areas has stirred up a hornets nest of controversies.
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8RIL's refusal to start gas production from KG Basin hits India's gas production target
8Know more Details
8COVID-19 and attendant troubles with contractors have taken a bit toll on Cairn India's Barmer field
8Production has been impacted all around Details
8The tight grip of a select bunch of companies in refinery unit tenders seems to be gradually loosening
8Here is a recent instance Details
8Read more on how crew change is ridden with problems not just in India but globally
8Click on Reports for more Details
8Are LNG prices on a bumpy road to recovery?
8Or is it too early to come to that conclusion?
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8IOC had struck a deal for supply of bulk CNG at almost 40 to 50% lower costs than LNG
8What happened to the deal? Details
8The Vasai East Development project was completed some years ago
8But it is only now that Samsung lost its appeal
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8Mundra has received one more cargo but the vessel size is small.
8Another cargo in another LNG terminal is still on wait and has berthed yet.
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Ammonia Storage Tank Greenfield Project
8Cost - Rs 100 crore
8Project Event: The tender is finally out for an LSTK contractor, who will need to offer design, engineering, procurement, fabrication, supply, transportation, handling, erection, testing and commissioning of ammonia storage tank with associated facility. the bid due date is 18 August 2020.
Click here for more details
Sulphuric Acid Greenfield Project 
8Cost - Rs 50 crore
8Project Event: The environmental clearance is awaiting. Project activities are on hold due to COVID-19, RFQ for the EPC contractor is likely to be released in August in place of April 2020.
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(Available only via www.indianfertilizer.com) Details
8Mid-tender revision of price bids sought by ONGC was challenged.
8There have been some twist and turns in that story
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It is a Rs 600 crore ethanol plant
8An engineering consultant has been selected as also a technology supplier and an EPC contractor
8Equipment RFQs are expected going ahead.
Click here for more details, incuding key contacts and project details Details
8A private sector offshore drilling rig had a virus attack
8Find out how the company is dealing with it. Details
For reference purposes the website carries here the following tenders:
8Procurement of Emergency Rescue Vehicle at Pipeline Locations Details
8Site Enabling Works for Polyols Petrochemical Project Details
8Supply of Seal Spares Details
8Supply of Mass flow meter Details
8Expert Services for Steel Belt Repair and Preventive maintenance of Rotoformer installed in SPU plant at refinery Details
8Supply of Catalyst Details
8Three years ARC for Electrical Operation and maintenance activities Details
8Annual Rate Contract for refurbishment, maintenance and testing of Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil companies hold diesel, petrol prices for 3 consecutive days Details
8Govt invites suggestions for inclusion of hydrogen-CNG as automative fuel Details
8Refinery throughput continues to rise in June Details
8Petronet plans to cancel 10-year LNG import tender: Sources Details
8Assam: Fire at OIL well during capping operations; final preparations underway Details
8Thailand's PTT moves closer to decision on Ohio petrochemical plant with storage deal Details
8Oil rises on weaker dollar, but virus woes and US-China tensions weigh Details
8Strengthening Indo-US ties salvages PLL's deal with Tellurian Details
8China's oil port congestion to stretch on as record imports strain facilities Details
8Crude oil prices rise on weaker dollar, high US stocks weigh Details
8OPINION: U.S. refiners trim crude processing as recovery falters: Kemp Details
8S-Oil expects refining margins to recover in Q3 as virus curbs ease Details
8PetroChina to sell major pipeline assets to PipeChina for $38 bln Details
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8Two union ministers met yesterday to salvage 24 LNG cargoes for GAIL
8What really transpired in the meeting?   Details
This Chinese contractor seems to have run into a problem with one Rs 14,000 crore project which it had won, and it will have to fight to retain it.
8There is another Rs 10,000 crore project where it has been shortlisted and it may end up losing it as well.
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Ammonia-Urea Energy Saving Project 
8Cost - Rs 217 crore
8Project Event: All the erection and installation work has been completed. The project was meant to be commissioned in May 2020, but due to COVID-19, commissioning has been delayed . Likely commissioning date in August 2020.
Click here for more details (Availabe through www.indianfertilizer.com) Details
8The lack of demand for gas has surprised this particular gas supplier.
8So much so that it had to leave an LNG ship waiting as its tanks had not emptied out enough.
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The government seems to be taking Atmanirbhar Bharat very seriously.
8Here is an example of an oil and gas industry player, and how it tapped into the system to get tailor-made support for its indigenous product.
8If you want to take advantage of the scheme, learn how to go about it.
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8Coal mining has been opened up in a big way for the private sector recently
8But coal is a sunset industry in most parts of the world
8Find out why is that so also in India?
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COVID-19 has adversely impacted L&T's Q-1 performance.
8Hydrocarbon division failed to get a single domestic order in the quarter.
8The company is increasingly looking abroad for succor.
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This is a Rs 1500 crore pipeline project
8DFR was prepared by EIL
8EPCM has been selected
8COVID has delayed the project
8Pipeline laying RFQ expected
Click here for more details. Details
8The race for the polypropylene unit for Nayara Energy is not over yet
8Find out why Details
For reference purposes the website carries here the following tenders:
8Supply of Globe Type Control Valves Details
8BA 31001 & BA 31101 - CDU III Heaters inside scaffolding & coil surface cleaning Details
8Demand assessment of Natural Gas available on fall back and as-is-where-is basis from Vadatal Field Details
8Supply of Mechanical Bulk items for various Process modification schemes at refinery Details
8Operation of Mobile Oil Spill Recovery Unit (MOSRU)/ Gully Sucker at refinery Details
8Supply of Guided Wave Radar Level Instruments Details
8Comprehensive Maintenance Contract Plan for Agilent HTGPC for one year Details
8Supply of Flanges for Naphtha Cracker Expansion Project at refinery Details
8Rate Contract and Empanelment for laying of PE Pipeline Network and Associated Works along with LMC and DMA work for PNG Connections Details
8Supply of mA loop calibrator and Temperature calibrator Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Ind-Ra assigns HPCL's NCDs AAA with a stable outlook Details
8Explosion near OIL well in Assam, three foreign experts injured Details
83 foreign experts hurt in flame burst at Baghjan Details
8GAIL urges government to use diplomacy to help rework expensive US LNG deals Details
8Unified tariff on gas pipelines from September Details
8Illegal power from Haryana lit 40 UP farmhouses, probe on Details
8Bihar: Petrol, diesel prices hiked again Details
8Black waters: Oil spills pollute northeast Syria creeks Details
8U.S.-Vietnam JV plans to invest up to $6 bln in LNG power project-CEO Details
8Plummeting gas and electricity demand drags on earnings for Spain's Naturgy Details
8Oil edges down for 2nd session as coronavirus curbs fuel demand Details
8Israel's Tamar gas field to start paying taxes on profit in 2021 Details
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8COVID-19 has brought about a dual speed gas economy
8Find out how Details
8GAIL is facing more LNG cargo losses going ahead
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8GAIL has been debarred from selling gas to small consumers upon a complaint by a CGD operator
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A US LNG cargo continues to wait for berthing by IOC at its Ennore LNG terminal, according to latest reports
8"This will mean more boil off gas burning away over and above the fact that it is a shipment all the way from the US," an industry observer said
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COVID-19 is a real crisis for business development executives in oil & gas companies.
8But newer and more effective ways of marketing have been discovered.
Find out more click on Reports. Details
The Chhara LNG terminal had a major technological issue
8This has now been resolved
8When is commissioning expected? Details
SSP/NPK Greenfield Project
8Cost - Rs 70 crore
8Project Event: The project activities have suffered due to COVID-19 and feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in August 2020 and RFQ for the contractor is likely to be released after the environmental clearance.
Click here for more details
Single/Triple Super Phosphate Greenfield Project
8Cost - Rs 30 crore
8Project Event: The proposal for environmental clearance was submitted in June 2018, and proposal was accepted by SEAC. All the project activities are on hold due to COVID-19. RFQ for the contractor is likely to be release in September 2020.
Click here for more details
(Available through www.indianfertilizer.com) Details
For reference purposes the website carries here the following tenders:
8Providing Tapping points on pipeline for installation of Instrumentation Equipments Details
8Repairing of Numerical Relays at refinery Details
8Supply of Butterfly Valve On-off (exotic) Details
8Consultant for carrying out Financial due-diligence of the Target Company for formation of Joint Venture Company Details
8Hiring of Warehouse for receipt and storage of lubes, execution of indents received from HPCL and transportation to HPCL channel partners at Ahmedabad Details
8Non-comprehensive AMC for Siemens VFDs at pipeline locations Details
8Housekeeping Services at GSPC Bhavan, Kerala Ware house and other location Details
8Annual Rate Contract for supply of Refractory Material Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Fitch affirms Indian Oil Corporation at BBB-minus with negative outlook Details
8Oil companies hold Diesel, petrol prices again Details
8Crude prices will continue to be less than $45: HPCL Details
8Castrol partners with Jio-BP for selling lubricants Details
8India's Petronet renews investment deal with Tellurian Details
8Cairn Energy says arbitration ruling expected soon on its challenge to Indian govt seeking Rs 10,247 crore Details
8Petrol and diesel prices go up in highest price rise in south Details
8Farmers protest against govt ordinances, fuel price hike Details
8Oil prices fall on U.S. inventory build, increasing pandemic fears Details
8Crude oil prices gain as vaccine hopes edge out rise in infections Details
8Chevron inspecting heat exchangers at Gorgon LNG plant after maintenance Details
8Uniper to work with GE to decarbonise European gas plants Details
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Even assuming that capital approval is given, it will some time before work can begin on the projects
8Why is that going to be so?
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Being in the gas business is never easy. And that holds true not just for gas suppliers but for buyers as well.
8For the gas suppliers, India has become a messy market: competition is intense and there is literally a war on to grab more buyers.
8But here is an instance of a buyer, a CGD company, which has a trunk gas supply pipeline going a mere 70 kms from its geographical area and yet it finds it cheaper to ferry LNG in trucks from 700 km away.
8Why is that so?
Click on Details Details
8A couple of licensors have been selected by EIL For the Numaligarh refinery
8These recommendations have been sent to the management. Details
8PLL has a lot of plans; including a new LNG terminal in India
8It also explains why the Tellurian deal was a no-win one
8The company is going ahead and finalizing a new LNG import deal with a different pricing index
Click on Reports for more Details
8There is no clarity on how much the Indian economy will contract this year. But here is a comprehensive and realistic estimate. Click on Reports
8Contracting jobs are now coming with new caveats, manpower has to be sourced from within, to avoid quarantine time. Click on Reports for more
8Three-week refinery shutdown raises eyebrows. Reports
8It is usually international analysts who look at how crude prices are going to behave going ahead. Here is a domestic view point on the subject. Reports Details
8Is there a way to profit from COVID-19?
8The website tabulates five growth industries here, for those looking to diversify.
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8There have been some rapid personnel movements in the CGD sector.
8Higher competition means that better paying companies are getting the talent. And some companies are stealing the march over others.
8A change is anticipated in the MD slot of a CGD company as well.
8Then again, the slot for director BD in GAIL has seen some strong candidates applying
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8GAIL is planning on saving on transportation costs of bringing US LNG into India in 2022.
 8Find out how   Details
Here are some interesting updates on Indian oil & gas sector
8Refining Industry outlook in India in a post COVID environment
8Digital Interventions in the upstream industry for operational excellence: Incident prevention and cost optimization
8Natural gas trading hubs: Prerequisites for a success story
8Gas balancing under a transportation network
8Gas Exchange India: Challenges and the way forward
8Is the LNG industry bracing for a tougher time in India?
8Comprehensive approach to energy saving opportunities in Indian refineries
8On purpose Butadiene (2PBD) production: Current scenario and emerging trends
8Atmanirbhar Bharat: What kind of an opportunity is it for the instrumentation industry?
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8Taking advantage of the COVID and cash issues with established players, a new breed of seismic companies are coming into the forefront
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8A new trend is emerging that can cause offshore wind energy to flourish like never before
8If this eventually catches up in India, it can be quite a revolution
8Find out more
Click on Reports  Details
Who is the next boss of Petronet LNG?
8There is wide speculation on who that could be
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For reference purposes the website carries here the following tenders:
8Hiring of service for lightning protection adequacy study of BCPL complex at Lepetkata Details
8Hiring of commercial vehicles for transportation of CNG thru cascade for Ranchi Details
8Annual Rate Contract for various jobs in IOP&S Plants Details
8Procurement of Bare/ Coated Line Pipe for SAPL Project Details
8Procurement of 3000000 nos of PP woven dack Bags for PTD BCPL Lepetkata Details
8Supply of Mechanical Seal at refinery Details
8Supply of Pressure Relief Valves Details
8Annual Rate Contract for Maintenance of Cathodic Protection CP and Mainline System Details
8Supply of FLP Pedestal Fans and FLP Transformer for Lighting Details
8Procurement of additive packages to various Lube Plants Details
8Supply of Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Krishna-Godavari fault line may trigger quakes, tsunamis in Vizag Details
8Andhra Pradesh hikes VAT on diesel, petrol to overcome financial stress Details
8Karnataka: Gas pipeline gets damaged during repair work in Hubballi Details
8MMRDA decides to allot Bandra-Kurla Complex land parcel to Indian Oil Corporation Details
8India to store crude oil in US Details
8Chevron CEO sees continued 'choppy economic and price activity' Details
8Snam and Baker Hughes test first hydrogen hybrid turbine for gas transportation Details
8Oil steady as vaccine news counters rise in virus cases Details
8Gulf government debt to see record $100 bln surge in 2020 - S&P Global Details
8Polish refineries increased oil imports by 2.2 per cent in Q1: c.bank Details
8Chevron to buy Noble Energy in $5 bln deal Details
8US may open its strategic petroleum reserve to store Indian oil Details
8Turkish vessel begins drilling in Black Sea: minister Details
8Crude oil futures drop over 1 pc on low demand Details
8Exclusive: Kuwait scrambles to boost coffers with up to $16 billion debt plan Details
8Crude oil prices fall on worries over fuel demand setback as infections rise Details
8Diesel prices hiked again, while petrol rates remains on hold Details
8China's record crude oil storage flies under the radar Details
You can also click on Newsclips for more   Details
What is the latest update on LNG vessel arrivals in India?
8IOC is the only company with a vessel coming out of the US as of now, and currently the vessel is at anchorage and still not at the LNG port here in Ennore.
8Cochin is currently taking in a cargo from Cameroon.
8There are no cargoes currently targeted to berth at Mundra.
8Two cargoes are expected before this month is out in Hazira.
8And there are eight lined up at Dahej.
Click on Reports for full details Details
This is a private sector greenfield ammonia-urea plant and fingers are crossed over whether it will go through the investment threshold. Our job is to keep track of the developments on this front without passing a judgement on whether it will eventually go through or not.
8Cost - Rs 6500 crore
8Project Event: All project activities are on hold due to COVID-19, and pre-feasibility studies are likely to be started in August 2020. The proposal for the environmental clearance is likely to be submitted in October 2020.
Click on Details for more Details
Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: The project was on hold due to some technical issues, and then COVID slowed it down. It is expected to be activated in August in place of July 2020. The contractor is likely to be finalized in September 2020. Details
Has Nayara Energy selected the L-1 bidder for their polypropylene plant?
8There have been some twist and turns, but looks like one company is forging ahead.
Click on Details for more. Details
8An effective transformation of E&P projects in a post-COVID scenario will entail mounting a head-on attack on the the operating models that took root during the growth era.
8How to go about doing it?
8And, oil field services are under stress, what does the future hold in store?
Click on Reports for more Details
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