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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

Domestic gas started guzzling out of RIL's fields
8And this is replacing LNG already to a large extent
8Combined with high spot prices, LNG use is on the decline in India
Click on Reports for the requisite data Details
Private sector interest in strategic reserves for crude is likely to get a fillip
8This is because of the new norms being put in place
Click on Reports for more Details
85.97 MMT of crude oil arriving in India in the next few days
8981k MT of chemical imports heading towards India in the ensuing days
Also, find the following import data
8All tankers
8All bulk and dry cargoes
8Update on COVIDD-19 impact
Click on Reports for more Details
Ammonia Brownfield Project
8Cost - Rs 250 crore
8Project Event: The project is in the initial phase and the discussion is ongoing, Project activities are still on hold. RFQ for the environmental clearance consultant is likely to be released in Q3 FY2021.
Phosphoric Acid Greenfield Project
8Cost - Rs 10 crore
8Project Event: The proposal has been accepted by SEAC and the proposal for the environmental clearance has been submitted to MOEF in June 2018. RFQ for a local contractor is likely to be released in September 2021. Details
Tellurian Driftwood LNG project has just got going
8Even so, PLL was right, despite pressure from no less than US President Donald Trump, to renege on its expression of interest with Tellurian
Click on Details for more. Details
8The shipment was coming from Fos Sur Mer terminal carried by the vessel Amadi. It was expected to arrive at Dahej on 2nd August. The cargo was meant to cater to the demand from Adani Total, Arcelor Mittal Nippon Steel India and HPCL.
8A shipment for IOCL carried by the vessel Maran Gas Efessos coming from Lake Charles is offloading today at Ennore.
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We are now providing a daily update on ammonia shipments
8Quantities range from 8800 tonnes to 6500 tonnes
8Receivers are mostly fertilizer companies
Additionally, get a global update on ammonia ready ships
Click on Reports for more Details
Two shipments totaling 45.5k MT of LPG were unloaded yesterday at Haldia
8IOCL and HPCL received the 22k MT cargo coming from Kuwait.
8The other 23.5k MT consignment coming from UAE was offloaded from the vessel BW Oak LNG and received by BPCL
Click on Reports for more Details
The state government seems to be developing an unsolicited interest in Oil India Ltd.
8It had already been forced to loan Rs 1687 crore by the state government for raising the latter's stake in NRL with no timeline on when the money will be paid.
8Now the aggressive Assam chief minister Hemanta Biswa Sarma wants more. Details
For reference purposes the website carries here the following tenders:
8Sale of old Oils/ Greases Details
8Consultant for carrying out feasibility study to set up in-house grease manufacturing facilities at strategic locations Details
8Manufacture and Supply of printed Metalized, Silver PP Labels for HDPE containers and PET bottles Details
8Carrying out Integrated CP Survey Details
8Repacking of HP grade small lube packs of various sizes Details
8Procurement of various spares for cooling tower installed at IOPS unit in C2C3 plant Details
8AMC for Cable Fault Location and Rectification of Cable Faults at C2C3 Recovery Plant Details
8Annual Rate Contract for Refilling and Hydrotesting of Clean Agent Extinguisher Details
8Procurement of CPVC piping materials Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Nod to 100% FDI in oil PSUs approved for stake sale Details
8Oil prices drop, but on track for steep weekly gain Details
8SC stays NGT’s Baghjan ruling, flags Oil India MD presence on compensation panel Details
8Oil India announces nomination of director on board of Numaligarh Refinery Details
8Non-compliance of order: HC issues bailable warrant against Indian Oil Corporation official Details
8Shell boosts dividend and launches buybacks as profit soars Details
8No revision in fuel prices for 12 straight days Details
8Saudi Arabia's oil exports climb 147 per cent to $16 billion in May Details
8Big Oil back to boom after pandemic bust, aiding climate push Details
8Most countries have similar or higher fuel taxes: CEA Subramanian Details
8Govt permits 100% FDI in oil PSUs approved for disinvestment; to aid BPCL sale Details
You can also click on Newsclips for more   Details
8GSPC is selling off its stakes in five blocks
8Find out who could be interested in buying these blocks. Details
Technip is undoubtedly one of the big EPC names in the hydrocarbon sector.
8It employs 3000 people.
8But it is undergoing a very crucial transition at this point in time. Details
For reference purposes the website carries here the following tenders:
8Inspection and repair of 18 inch 350 m pipe length Details
8Supply of around 18 crore litres of denatured Anhydrous Ethanol at oil marketing companies Details
8Supply and fabrication of LPG Tank Wagon Details
8Sale of old lubricating oil at Lubricant Depot Details
8Carrying out various Civil, Electrical and Mechanical Jobs Details
8Procurement of Galvanized Iron Pipes Details
8Detailed Feasibility Study for pipeline and associated facilities Details
8Finalization of office space on lease/ rent for Sambalpur LPG Regional Office Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8LNG price recovery spurs investment in race against carbon targets Details
8India seeks reasonable price, better commercial terms from oil producers Details
8State-run oil companies spend one-fifth of annual capex target in Q1 Details
8Many oil sector executives in Pegasus snoop list Details
8Oil companies spent Rs 758 crore from CSR funds in last 5 years in Odisha Details
8Shell to buy Inspire Energy in green energy push Details
8Oil prices slip but remain near $75 after large inventory drawdown Details
8Engie to whittle down majority stake in gas network - sources Details
8Mahanagar Gas first quarter net profit jumps 351% on low base Details
8INNOVATION: IIT Kharagpur researchers develop synthetic molecules for oil extraction Details
8U.S. firms may have to disclose emissions by partners, suppliers -SEC Details
8Mexican methane leak rate 'alarming' for climate change, report says Details
8Rosneft announces second round of its 6-month tender for Urals, CPC Blend oil Details
8India June crude imports hit 8-month low as virus dampens demand Details
8Enterprise Products oil pipeline volume rises on demand recovery Details
8U.S. crude stockpiles slide as imports fall -EIA Details
8ONGC had asked ill-fated Barge P-305 to move to safety: Minister Details
8Congress also raised VAT on fuel during its tenure, says Mishra Details
8‘Chunk of 3.4L cr petro cess used for free vax’ Details
8NGT joint panel seeks 26L compensation from HPCL Details
You can also click on Newsclips for more   Details
8Project Name: Nawada and Koderma Districts City Gas Distribution
8Project Cost: Rs 300 crore
8Project Description: Indian Oil Corporation Limited has been granted permission on March 29, 2019, to set up a CGD network in Nawada and Koderma Districts of Bihar and Jharkhand. The entity won the project under the 10th CGD bidding round. The CGD network will have a coverage area of 5034 sq. km. For an overall timeframe of 8 years, IOCL is expected to provide 13632 piped natural gas connections and lay 527 inch-km of steel pipe. Gas is expected to be drawn from the Jagdishpur Haldia Natural Gas Pipeline.
Click here for more details Details
Get the following import data here
8Daily chemical import
8Daily fertilizer import
8Daily tanker import data (all kinds of tankers)
8Daily dry and bulk cargo data
8Daily COVID-19 update on port imports
Click on Reports for more Details
Here is this complex fertilizer manufacturer who has worked out a win-win deal with its gas suppliers.
8The deal was for 0.9 mmscmd of gas
Click on Details for more Details
The RIL-BP regime is looking at a massive bonanza from its 18 mmscmd of gas production in the KG Basin
8Gas prices are expected to flare up next time it is revised.
8Find out by how much
8And also how it can be a double-edged sword. Details
8New Mangalore port will receive shipments of crude oil from the following sources:
8Saudi Aramco - 91k MT
8Saudi Arabian Oil Company - 91k
8Kuwait Petrochem Corp - 90k
8BP - 93k
Click on Reports for more Details
8The following ports are expected to receive shipments in the coming days:
Kandla - 20k MT
Mumbai - 65.6k MT
JNPT - 19k MT
Click on Reports for more Details
On account of a spate of complaints of sub-standard supply of chemicals, ONGC has decided to tighten the sampling process
8Essentially, there will be more accountability at the sample collection point
Click on Reports for more Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 380 crore
8Project Event: The project is still on hold due to a lack of funds, the project is likely to be activated in Q3 FY 2021. RFQ for the LSTK contractor is likely to be re-released in Q3 FY 2021.
Customized Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project
8Cost - Rs 90 crore
8Project Event: The project is on hold due to the second wave of the covid, the project is likely to be activated in August 2021. RFQ for the contractor is likely to be released in September 2021. Details
The website carries here a full and comprehensive presentation on how crude prices are going to behave until 2022 end.
8The price will move in a narrow band but with an upward bias.
Click on Reports to understand the fundamentals behind the projections. Details
IOC's Puthuvype Greenfield LPG Import Terminal Project has bogged with delays
8Local protests and the pandemic added to the problems
8Delays have lead to cost overrun
Get an update here on the project Details
8What is the latest update on the 2,000-km Liquefied Petroleum Gas (LPG) pipeline from IOC's Kandla import terminal on the west coast to Gorakhpur in UP?
Click on Details for a synopsis. Details
A long-pending Rs 5000 crore chemical plant is now getting active again.
8Quick developments are expected in tying up equity, and first RFQs may begin from as early as this year, according to well-placed sources
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The interview for director marketing of IOC was meant to be held on July 23 but there was an intervention in between by an interested party.
8It is a hangover from a mess left over by the previous ministerial regime.
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80.99 MMT of chemicals are currently being tracked by this website for arrival in Indian ports
Also given here are
8Daily all tanker import line up report
8Daily dry cargo import data
8Daily COVID impact on port operations report
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What is the projected price of GAIL for gas for August
8The data is given in terms of:
8FOB price, long term and that indexed to Brent
8And includes regasification and VAT
8Indexed to Brent is cheaper as of now by a good margin
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The tariff setting structures for Indian ports have changed dramatically
8And many are no aware of it
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Latest reports seem to show that the use of gas-fired power plants in some states like Gujarat is expected to change by 2030, with their capacity factors increasing.
8Gas-fired power plants are expected to contribute to the flexibility of the system by helping to meet evening and night-time demand, and running at low output or shutting down during periods of high renewable output in the daytime.
8Gas-fired plants also help to meet seasonal flexibility needs, with evening output increasing during the highest net load periods in September and October.
Click on Details Details
With oil prices on the rise, there seems to be growing interest in the latest DSF round offering of E&P blocks.
8This is evident from the number of queries received by the DGH
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8Unaccounted gas loss and its non-recognition by the PNGRB has been the cause of much debate.
8Here is a major gas operator again seeking that such losses be considered in tariff on a uniform and normative basis for all pipeline operators
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8The tussle over a tie-in connectivity between GAIL and GSPL from the Swan LNG terminal means there are two applications for tie-ins from the same terminal.
 8And the regulator wants to call an open house on this to resolve the issues involved
 Click on Reports for more Details
Ammonia Storage Tank Greenfield Project 
8Cost - Rs 100 crore
There is just this one bidder for ammonia tanks but the technical bid opening is getting delayed
Single Super Phosphate Greenfield Project
8Cost - Rs 10 crore
8Project Event: Still, evaluation is ongoing for environmental clearance, and it is likely to be granted in August 2021. A new committee has been formed for the project, the tender for a contractor is likely to be released in September 2021 Details
8A 160k cbm LNG cargo coming from Qalhat carried by the vessel Sohar LNG has been diverted from Dahej to Mundra. GSPC will receive this consignment on the 30th.
8Now, Mundra will receive the two shipments in quick succession
8The other shipment is another 160k cargo for GSPC coming from Point Fortin. The vessel Hispania Spirit will arrive on the 1st of August.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Non-comprehensive AMC for VFD at pipeline locations Details
8Upgradation of ABB Scada System Mumbai and Washala Pipeline Terminal Details
8Standing Rate Contract for Supply and Installation of Retro Reflective High Masts for NZ Details
8Supply of Pig valves for HPCL Pipeline from SV-04 to Patalganga LPG Plant Details
8TAS revamping Balasore new IRD Details
8Annual Maintenance Contract for Fire Extinguishers Details
8Carrying out renovation works Details
8EPCM Services for GRID connectivity to supply 125MW power Details
8Residual Life Assessment and Fitness for purpose of NG pipelines Details
8Supply of Fittings and Flanges for tie-in connectivities of ONGC Bokaro and ONGC Jharia to JHBDPL Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8OPINION: India joins trend to use strategic crude reserves to offset high oil prices, says Russell Details
8TMC government proactively sought investments: Vedanta's Anil Agarwal Details
8Big part of petroleum cess used for free vaccine, poor and various developmental schemes: Hardeep Puri Details
8Fitch rates Cleantech Energy's proposed USD notes first-time BB-minus Details
8Crude oil futures rise on spot demand Details
8Vedanta to invest Rs 6.6K cr on Balco expansion Details
8Cairn arbitration: Govt confirms French court order against Indian assets Details
8Torrent Gas plans Rs 10,000 crore capex in 5 years; sets up 25 CNG stations in Chennai Details
8No revision in petrol, diesel prices for 10 consecutive days Details
8‘Chunk of 3.4L cr petro cess used for free vax’ Details
8U.S. LNG exports in first half up 42% from a year ago -EIA Details
8Centre confirms freeze of Indian assets in France Details
8Oil rises on U.S. fuel drawdowns despite surging coronavirus cases Details
8NGT joint panel seeks 26L compensation from HPCL Details
You can also click on Newsclips for more   Details
8The government has prevented another important vacancy in the PNGRB at the last moment
Click on Details for more. Details
The EIL and BHEL had partnered for a SRU project that BHEL won
8The partnership broke up later, and there was much ill-feeling.
8Is there a possibility of a revival of that partnership? Details
Find out how BHEL got excluded and Megha got included in projects handed out by Numaligarh Refinery Ltd (NRL).
8What went on behind-the-scene?
Click on Details for more Details
Approval has finally been granted for 6.5 MMT underground storages at Chandikhol (4 MMT) and Padur (2.5 MMT)
8Find out RFQs are expected
Click on Reports for more Details
8Privatization of oil sector PSUs
8Find out what the petroleum ministry says about it
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8The atmanirbhar slogan sounds hollow when it comes to stopping the tide of crude imports into India
8Dependency is going up slowly but surely
Click on Reports for more. Details
8The Baghjan blowout has focused renewed attention on blowouts in Assam
8The leakage has been plugged
Click on Reports for more on what the government's stand is now on the blowout and blow prevention Details
8Inability to grab orders by L&T seems to have its repercussions.
8Find out more on why the company brass will be under huge pressure to perform better. Details
8How many cargoes of LNG has RIL's East Coast gas production taken out?
Click on Details for more  Details
NPK-DAP Greenfield Project 
8Cost - Rs 987 crore
8Project Event: RFQs will begin from Q3FY 2021
Sulphuric Acid Greenfield Project 
8Cost - Rs 50 crore
8Project Event: The review is ongoing in the MoEF, clearance is likely to be elicited at the end of Q2 FY 2021, RFQ for the local contractor as well as equipment supplier is likely to be released in August 2021 in place of July 2021.
Click on Details for more Details
8After a long wait, an LNG shipment is coming in at Cochin but only on August 7, 2021. It is a 162 cubic metre shipment brought in by PLL
8Then a shipment will also come in at Mundra on the 30th July.
8Further, a cargo from Ras Laffan is unloading today for PLL at Dahej.
Click on Reports for more Details
8The website is tracking 5.2 million tonnes of crude imports into India as of the moment at different arrival ports
Click on Reports for more Details
8RIl is bringing the following chemical cargoes to Sikka
8Benzene
8Orthoxylene
8Methanol
8Paraxylene
8PCN
8MED
8The total quantity imported is 150,500 tonnes, making the company the largest importer of chemicals in the country.
Click on Reports for more Details
8The website carries here
8The daily fertilizer import matrix
8Weekly fertilizer import matrix
Click on Reports for more Details
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