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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.


Jul 2021

For reference purposes the website carries here the following tenders:
8Supply of Pressure Reduction Skid for Last Mile Connectivity to Sisecam Flat Glass Details
8Works for improvement of Ventilation and Air Quality at Gail Jubilee Tower Details
8Annual Rate Contract for Catering and Pantry Services Details
8AMC for maintenance of Tata Make Fire Tenders for two years Details
8Procurement of on-off valves Details
8Construction of First Floor Over & Above the Existing Building & Shifting of Panels Details
8Procurement of Dodge Bearing for GREP GAC and LOC Fans at GAIL Hazira Compressor Station Details
8Contract for services for Resing, Bagging and Handling in LLDPE-II Plant Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Kerala vet doc gets patent for biodiesel from chicken waste Details
8Auto LPG price drops but fare remains high Details
8China's Guangdong starts building $1 bln Huizhou gas terminal Details
8Three Muzaffarnagar distilleries produce 6.73 crore litres of ethanol in FY21 Details
8Mobile fuel delivery Startup garners seed funding from ONGC Details
8Madhya Pradesh levies highest tax on petrol, Rajasthan on diesel: Oil Min Puri Details
8Prompt action by ONGC averts LPG tanker collision Details
8Govt justifies higher taxes on petrol and diesel Details
8Oil inches up as tight supply, vaccinations outweigh virus concerns Details
8Vedanta Q1 PAT jumps over four-folds to Rs 4,280-cr; to invest Rs 7,246 cr in expansion Details
8Revenue from petroleum sector important for growth plans: Govt Details
You can also click on Newsclips for more   Details
8What is the oil outlook up to 2045
8If you are an E&P operator or if you want to participate in the forthcoming E&P rounds in India, it is good to know what is ahead
Click on Reports for more
Details
8The shipment is coming from the following ports:
8Point Fortin
8Ras Laffan
8Ingleside
8Lake Charles
8Bonny
8Ras Laffan
8Qalhat
8Damietta
8Montoire
8Soyo
Click on Reports for more
Details
8Reliance unloaded two shipments totaling 523k MT at Sikka, the shipments came in from Basrah and Ras Tanura.
811k MT was set down at Mumbai and received by BPCL.
8Mangalore Refinery unlaid two consignments adding up to 177k MT at New Mangalore. The freights were dispatched from Basrah and Mina Al Ahmadi.
8Two shipments of 150k and !45k MT coming from Basrah were disburdened at Chennai port and received by Chennai Petroleum.
Click on Reports for more
Details
The website carries here the following import matrices. Latest daily
8Chemical imports
8Fertilizer imports
8Daily LNG imports
8Chemical imports
Daily tanker updates
Daily COVID-2 port updates
Click on Reports for more
Details
NP (20:20:0:13) Fertilizer Expansion Project
8Cost - Rs 220 crore
8Project Event: Two companies in the race. Bid opening in August now
DAP Expansion Project
8Cost - Rs 20 crore
8Project Event: RFQ for the local contractor is likely to be released in September 2021 now Details
8New gas sales have pushed RIL's EBITA margins from its E&P segments well into the positive territory
8Also, when will its third KG Basin discovery go on stream?
Click on Reports for more
Details
8ONGC's East Coast blocks are giving trouble.
8What was planned has gone off track. Details
8GAIL's Henry Hub gas has become more expensive.
8JKM spot prices are however above $12/mmbtu, making gas from the US to India still cheaper than spot prices
Click on Reports for more
Details
8As times elapses, floating a global tender for bids below Rs 200 crore is going to get tougher for oil & gas companies
8Conditions under which global tenders can be floated are getting tighter by the day
Click on Reports for more
Details
8ONGC has decided to get tough on bidders who bid frivolously.
Click on Reports for more
Details
8There is a GOI roadshow for oil & gas coming up
Click on Reports for more
Details
8Oil & gas companies rarely hire these days
8And here is a company that is expanding and looking for people
Click on Reports for more
Details
A global benchmark of how top 100 energy companies are doing to take climate-friendly steps seems to rank ONGC rather poorly.
8Reliance Industries is higher up on ranking the ladder however
8There is little transparency in emission control and virtually no accountability.
Click on Reports for more
Details
Project Name: Thane District (Maharashtra) excluding area already authorized City Gas Distribution
8Project Cost: Rs 300 crore
8Find out more
Click here for more details Details
8The letter by the Assam Chief Minister to the Prime Minister and the Petroleum minister seeking the handing over of ONGC's North East assets to Oil India Ltd (OIL) is leading to fireworks
8There is a push back from ONGC
Click on Details for more
Details
For reference purposes the website carries here the following tenders:
8Procurement and Implementation of Commodity/ Energy Trading and Risk Management software service Details
8AMC for Cathodic Protection Monitoring & Maintenance of Pipelines Details
8GPS based Pipeline ROU Surveillance for Cross Country Pipelines Details
8Pile Foundation Jobs for Above Ground Product Storage Tanks and Pipeline supports at Visakhapatnam New White Oil Terminal Details
8Supply, Installation, connection, testing & commissioning of Bypass Conductor for direct electrical connection Details
8Specification for 9 KG Capacity DCP Extinguisher bearing IS-15683 mark Details
8Transportation of Packed LPG Cylinders Details
8Digital assets creation for VR Details
8Manufacturing, packing and supply of Bituminous Grades to HPCL Warehouse Details
8Supply of Poly ISO Butylene 200 and PIB 1300 Molecular Weight Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Iran inaugurates major oil pipeline to bypass Hormuz Strait Details
8Oil slips but seen ending week little changed on supply tightness Details
8LNG imports dip 17 per cent in June as prices soar, local output rises Details
8India's gas production jumps 19.5% in June on back of KG-D6 Details
8India refiners' June crude processing bridled by virus curbs Details
8Reliance Industries revenue rises 58% as oil and gas business recovers Details
8Oil edges up on forecasts for tight supplies Details
8Trump slams Biden for approach to energy, coronavirus, internal security Details
8Assam: Oil leak from ONGC pipeline spills into farmland in Sivasagar Details
8Oil prices little changed, coronavirus, floods threaten demand Details
8China crackdown could knock crude oil import growth to 20-year low Details
8Israel freezes UAE oil deal over environmental concerns Details
8RIL likely to produce natural gas from MJ field starting Q3FY23 Details
You can also click on Newsclips for more   Details
8Charter hire rig owners are unhappy with Oil India Ltd of late
8They said the rig hire conditions were such that they had been forced into a corner.
Details
8How many people would Megha Engineering and Infrastructure Ltd need to build all the downstream refinery projects it has bagged?
8Will it be difficult to find them?
Details
8Who are the likely competitors for the NRL's DHDT project?
8There can be one surprise entry.
Details
8776k MT of crude oil was offloaded all over India on the 21st of July.
8The following ports received the consignment:
8Sikka - 523k MT received by Reliance
8Mumbai - 11k MT received by BPCL
8New Mangalore - 91k MT received by Mangalore Refinery
8Chennai - 150k MT received by Chennai Petroleum
Click on Reports for more
Details
Get an update here on
8Daily bulk cargo import movements
8Daily tanker cargo imports
8Daily COVID-19 restrictions on ports
8Daily chemical import matrix
8Daily crude import matrix
8Monthly crude import data port-wise, refinery-wise, and country-wise
Click on Reports for more
Details
8Two shipments of LNG totalling 307k cbm was unladen on the 22nd
8One 155k cbm shipment was received by Gail
8Petronet LNG was the receiver of the other 152k cbm consignment
Click on Reports for more
Details
It is unusual but RIL is bringing in as many as three ethane cargoes in quick succession through dedicated vessels
8Each vessel carries 46,000 tonnes of ethane. Either these vessel shipments were delayed and lumped together because it unusual to have three cargoes mapped for arrival in our database.
8RIL had switched to ethane as it was a cheaper feedstock but prices had been going up sharply now
8Eventually, feedstock prices, like water, get to even out over different feedstocks.
Click on Reports for more
Details
8307k cbm of LNG unloaded at Dahej port
8Two shipments of LNG totaling 307k cbm was unlade on the 22nd
8One 155k cbm shipment was received by Gail
8 Petronet LNG was the receiver of the other 152k cbm consignment
Click on Reports for more Details
ONGC has become more responsive to complaints from vendors
8This is really quick action, as a BEC has been relaxed as a spin-off from the meeting
8This will come as much-needed relief to vendors
Click on Reports for more
Details
The JKM monthly price for August delivery into northeast Asia rose 18.6% month on month to an average of $12.972/MMBtu.
8In comparison, the August JKM assessment in 2020 was at $2.164/MMBtu, which was close to the historical low of $2.063/MMBtu for the July 2020 average.
8Vessel higher rates are high
8And Henry Hub prices are sizzling too, making shipment out of there into India more expensive
8Quite a change, click on Reports for more Details
The Swan LNG-IFFCO owned Floating Storage Vessel did not have much business until it was hired out to work in Ghana
8The lease period indicates that the Swan terminal will be unable to get functional before August, 2022 at the least
8The vessel has been sitting idle, having delivered only one cargo in February before was leased out, causing a huge loss to the owners.
8Also know more on why the FSU is being loaned out such an abysmally low day rate, far below the market price
Click on Details for more
Details
Did you know that ONGC is the first non-American company to take up the Global Methane Initiative? What has it done on this front
Also know more on the company's
8Gas blending in large diesel engines
8Power generation in remote gas locations
8How it plans to use CCUS to raise output by 10% in Gandhar and Ankleshwar
Click on Reports for more
Details
Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been out and the discussion is still ongoing, It is likely to be finalized in August 2021 in place of June 2021.
SSP/NPK Greenfield Project
8Cost - Rs 70 crore
8Project Event: Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in September in place of June 2021 due to the second wave of Covid. RFQ for the contractor is likely to be released after the clearance. Details
Megha Engineering and Infrastructure Ltd (MEIL) MD, PV Krishna Reddy, is camera shy.
8But how is he when it comes to being hands-on?
Click on Details for more
Details
For reference purposes the website carries here the following tenders:
8Construction of Ethanol Tank and Bio-diesel Tanks along with Associated Product & Fire Water Pipelines and Civil Work for Impervious Dyke & Dyke Wall at Haldia Coastal Installation Details
8Foundation Works for Ethanol, Bio-diesel and Surge Tanks at Ennore Coastal Installation Details
8Supply of various Chemicals to HPCL Silvassa Terminal Details
8Zonal Contract for all Mechanical Maintenance jobs in refinery Details
8Standing Order for supply of hired cars Details
8Refurbishment of Tanks Details
8Hiring of service for installation of USM Dual Meters and USM check Meters Details
8ARC for Pipeline CP maintenance and other associated facilities installed under Silvassa maintenance base Details
8Procurement of Master Instruments Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Saudi Prince Abdulaziz bin Salman Seeks to tame oil prices, OPEC, Russia Details
8India overhauls petroleum reserve policy to boost private interest Details
8Excise duty collections from petroleum products being used in infra development: Nitin Gadkari Details
8Gehlot writes to PM on rising fuel prices, seeks relief for common man Details
8Fuel prices remain unchanged for 5th day Details
8Germany, US announce deal to allow completion of Nord Stream 2 Details
8Govt may involve other PSUs in PLL, IGL open offer Details
8Cabinet eases FDI rules to aid BPCL sale: Sources Details
8Barclays raises oil price view, sees slow grind higher in coming months Details
8Centre allows 100% FDI in BPCL privatisation Details
8Excise duty collections from petroleum products being used in infra development: Nitin Gadkari Details
You can also click on Newsclips for more   Details
The Nagapattinam greenfield refinery is at the EPCM selection stage
8The EPCMs have been selected
8There is movement ahead on this front
Click on Details for more
Details
Saudi Aramco is no doubt a giant company with huge resources
8But are these resources running thin as of now?
8Does it have enough heft to pick up a large enough investment in what RIL thinks could well be a $100 billion valuation (that is what some analysts would have us believe) for its oil-to-chemical business?
8Or a stake in the long-pending Ratnagiri refinery?  
We have quite an interesting insight here
Details
The following import matrices are carried here today
8Daily tanker line up
8Daily dry bulk cargo line up
8Daily COVID-19 port update
Click on Reports for more
Also update for July 22
The following import matrices are carried here today
8Daily tanker line up
8Daily dry bulk cargo line up
8Daily COVID-19 port update
Click on Reports for more Details
After setting up exclusive email IDs to handle procurement-related issues that vendors may face, and an open-minded vendors conference attended by the company's top brass, ONGC is taking yet another step to revamp its purchase processes.
8Best practices for hiring of  rigs, helicopters, offshore vessels as well as forthcoming EPC and LSTK contracts are being looked into, and these are likely to be incorporated in forthcoming tenders
Find out what is the next step the company is taking Details
8A lot of LNG cargoes that India could not take due to COVID lockdowns or high prices have got diverted out.
8And because of strong Asian LNG demand for summer and tight supply, the LNG got absorbed elsewhere without creating much of a problem. Details
The enthusiasm to set up new LNG terminals continues to stay high
8After a 7.2 MMTPA Crown LNG announcement, here is another one looking to set up a 5 MMTPA terminal
Click on Details for more Details
8Why is ONGC stuck over its tender for two workover rigs in Mumbai High?
8When are the tenders going to open? Details
For reference purposes the website carries here the following tenders:
8Hiring the special skilled services for various safety audits Details
8ETP/ OWS Works at Krishnapatnam Coastal Installation Details
8Construction of new 20000 KL Fixed Roof HSD Tank at Irugur Details
8Supply of various chemicals to HPCL Silvassa Terminal Details
8TAS Software Standardisation at various locations Details
8Above Ground Works for LPG Cavern at Mangalore LPG Import Facility Details
8Monthly Basis Cab & Taxi Hiring Services Details
8Aboveground works for LPG Cavern at Mangalore LPG Import Facility Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8IOC busts fake offers for LPG dealership registration Details
8India to leverage hydrogen for transportation Details
8Oil prices keep overnight gains as demand hopes offset U.S. stock build Details
8Chinese hackers breached 13 US gas pipeline operators from 2011 to 2013: Report Details
8Goldman cuts Q3 Brent forecast to $75 a barrel Details
8IOC, GAIL, ONGC may buy shares if open offer for Petronet, IGL is triggered Details
8Exclusive: Mercuria bulks up energy transition team with BP, Shell hires - sources Details
8Platts says industry focuses on adding Sverdrup, WTI to Brent benchmark Details
8Germany commits to action if Russia uses energy as weapon Details
8Green energy will drive new capacity at IOC: Shrikant Madhav Vaidya, Chairman Details
8Oil prices keep overnight gains as demand hopes offset U.S. stock build Details
8Saudi Aramco facing USD 50M cyber extortion over leaked data Details
You can also click on Newsclips for more   Details
ONGC promised that RFQs will come out for as many as four offshore projects before the current financial year is out.
The projects promised are
8Daman upside development project with 4 wellhead platforms and 1 process platform
8The 5th phase of the NBP field development project
8Cluster 9 marginal field development project
8Ratna process platform project (bridge connected to existing R-12 A platform)
But industry watchers are cynical about how many of them will actually hit the ground. After speaking to a cross-section of people, the website has arrived at a new shortlist
Click on Details for more
Details
8In this industrial cluster with a huge consumption of gas, the gas pipeline supplier has eliminated all possible competition from alternative fuel sources.
8Much to the the discomfiture of the buyers. Details
8GSPC’s LNG shipment headed to India
8A 160k cbm consignment for GSPC is expected to reach Mundra port on the 30th.
Click on Reports for more Details
1.7 million MT of crude coming in for IOCL's Paradip port
The shipments are coming from:
8Basrah
8Zirku Island
8Bonny
8Guyancourt
8Zhoushan
Click on Reports for more Details
Here is a company that is marketing L-CNG, by pumping LNG straight into CNG stations and into vehicles.
8How does it work? LNG is Liquefied Natural Gas at -135 C and as it is three times denser than CNG, the need for compressor pumps is eliminated.
8It is fast filling, and there is less consumption of power, and manpower requirement is lower.
8It is being supplied at a lesser cost than at which CNG is available.
8Then the company is also looking at H-CNG, all of this viewed within a realistic paradigm.
8And, all at a reasonable cost package for the CGD owner
Click on Reports for more Details
ONGC's ambitious 33-well onland programme in the North East is likely to take off soon
8The wells are spread over 5 PMLs in an area of 570 sq kms
8The project cost is nearly Rs 2000 crore
Click on Details for more Details
8Six early production systems are coming up along with attendant facilities
8The operator is GSPC
Click on Details for more Details
8One of the biggest jobs in Horizontal Directional Drilling for pipelines is currently in the North East of India.
Click on Reports for more Details
DAP Greenfield Project
8Cost - Rs 200 crore
8Project Event: The proposal for the term of references has been accepted and studies are still ongoing, proposal for the environmental clearance is likely to be submitted in August 2021. The company has applied for a loan, RFQ for the EPC the contractor is likely to be released at the end of September 2021.
Phosphoric acid Expansion Project   
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, a proposal for environmental clearance is likely to be submitted in August 2021. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in September 2021. Details
The average LNG price for June is significantly higher than that of for the same month last year
8Higher prices meant lesser imports as well, again showing that India is a highly price-sensitive market, where the price elasticity is high
Click on Details for more      Details
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