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Aug 2018

Dharmendra Pradhan may not have succeeded in tenure as the petroleum minister to perform his key function, which is to significantly raise the country's oil & gas production. India's import dependency is rising alarmingly in the face of growing demand and falling output. Measured in these terms alone, his performance has been sub par. Some will argue that five years is not enough for a turnaround and he has done what he can, by unleashing all the requisite policy measures to put Indian E&P on a firm long term footing. These policy initiatives will eventually have an impact, the argument will go. Gas output from long delayed ONGC discoveries will hopefully go up around the time he demits office and then pick up speed when the KG Basin discoveries come into production. The outlook however does not look all that encouraging when it comes to crude output.
8The petroleum minister will not go down as a hero to the average vehicle owner. The government's steel-like determination to stick to a no-subsidy regime even as the political cost is clearly evident will be applauded by economists and oil sector executives but not by the two wheeler rider. The logic here is a little fuzzy anyways. A political economist like Manmohan Singh will say it is better to transfer a fuel subsidy to the vehicle driver -- which in turn will spur the economy through higher general expenditure -- than to shore up the balance sheets of networth heavy oil companies. Eventually all that these oil companies create are low employment capital intensive projects. On the other hand, an energy economist will testify that cleaning the oil economy of diesel and petrol subsidies is a praise-worthy policy goal as it will help cleanse the messy energy economics of the country with immense long term benefits.
8Pradhan however is shrewd enough to know what he can and cannot deliver.
8What he is going to be remembered for is his execution skills under the Pradhan Mantri Ujjwala Yojana. A new survey has shown that the scheme has hit targeted low-income households with laser-like precision. This has earned him the Prime Minister's appreciation. For the BJP, there is political capital to reap.
8But Pradhan needs to do more before he can call the programme a success.
 Here is the data:
8Only 16% of beneficiaries have shifted to LPG exclusively, while 81% use fuelwood or dung-cakes at least once a day to cook food.
8The poor exhibit a low rate of refilling LPG. Of the surveyed beneficiaries in M.P., U.P., and Chhattisgarh, 23% did not refill even once.
8Chhattisgarh has the highest percentage of PMUY beneficiaries (40%) who have not purchased a single refill since they finished using their first cylinder. But there is another reason for it.
8On an average, beneficiaries have to wait for between 19–22 days to order a refill from the LPG dealer after their previous cylinder is empty. This is because of the time needed to arrange the lump sum finance required to purchase a PMUY refill.
8Almost all beneficiaries use LPG mainly to prepare tea. Their use of LPG to prepare food is limited. Most beneficiaries do not use LPG during the winter months as the use of fuelwood has an extra benefit of keeping the house warm.
8Given the energy usage in rural households, LPG is not the least cost option.
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Project Name: Greenfield Hydroelectric Project
8Project Cost: 3245.25 crores
8Project Description: Owner is preparing the site survey report as directed by an EAC committee for a 250 MW greenfield hydroelectric project. Further bids are expected soon.
8Project Event: RFQ for drilling, drifting works, and subsurface investigations is expected by the Q4 2018.
8Expenditure Approval: Q1:2019
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: 2020
8Completion Date: 2026
Click here for more information
8Project Name: Thermal Power Expansion Project
8Project Cost: 11458.25 crores
8Project Description: Promoter plans to commission one of the 660 MW units out of its ongoing 1980 MW super-critical thermal power expansion project. Further bids are expected soon.
8Project Event: RFQ for a flue gas desulphurization system is expected in October 2018, instead of June 2018.
8Expenditure Approval: Sep/2014
8RFQ Date: Oct/2018
8Release Date: Oct/2018
8Start Date: Oct/2015
8Completion Date: Q2:2019
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8Project Name: Thermal Power Plant - Annual Maintenance Contractor Project
8Project Cost: 1.25 crores
8Project Description: A subsidiary company is going on with the bidding process for an annual maintenance contract for electrical equipment and rotary parts of the boiler for the 500 MW commissioned units out of the 2000 MW  thermal power complex. Moreover, the owner is also preparing bid documents for annual maintenance contractor of the boiler pressure parts in the commissioned 500 MW thermal power complex. A Notice Inviting Tender is expected soon.
8Project Event: RFQ for AMC of boiler pressure parts in the 500 MW units (2x250 MW) is expected by September 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Dec/2018
8Completion Date: Dec/2019
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8Procurement of spare parts of bottom ash hopper is upcoming in a 500 MW thermal power station: RFQs in end of August 2018
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Details
Parallel marketers seem to be having a field day as demand for commercial and auto LPG climbs in the country.
8Surprisingly enough, the field is unregulated.
8No one really needs a license
8Know more about what is going on in this segment of the oil & gas industry
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The best times for the offshore oil & gas market is ahead of us, says a new analysis.
8Oil demand to grow by approximately 1 percent per year over the next decade despite significant efficiency gains in the light–duty vehicle fleet and the advent of the electric car.
8The problem seems to be on the supply side of the market.
8Wth natural supply decline of between 3 percent and 4 percent per year added to 1% demand growth, the world will need production equivalent to at least one–third of total global production today.
8The anticipation is that US tight oil production will start to plateau in the mid–2020s, at which point its role in setting global oil prices is expected to begin to diminish.
8That observation, and the relative lack of exploration success and investment in the conventional sphere in recent years points to the need for known but more costly supply to be induced to fill the long run gap to demand.
8By the mid–2020s, the marginal barrel is expected to come from a higher–cost non–OPEC deepwater asset.
 Click on Reports  for more Details
July figures are a dismal reminder of India's inability to stem what seems to be an inexorable decline in oil &gas output.
8Both oil and gas saw a decline of 5% from what it was in July, 2017
8There are some early signs of a recovery in gas output, but ONGC seems to be struggling to get its offshore discoveries from going online.
8The outlook for crude remains grim
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The website carried here a report on how the advent of subsidized solar pumps can eventually replace the need for diesel pumps in Indian agriculture.
8But that has not deterred the diesel pump industry from remaining bullish on the Indian market.
8The hectic pace of growth of the economy and the inability of the grid to supply consistent power is pushing the growth of the diesel generator market
8The market dynamics have changed as more grid power becomes available but that is not deterring the growth of this segment
8Not for now
Find out more click on Report . Details
 8Project Name: Rasayani Greenfield LPG Bottling Plant Project
 
8Project Cost: Rs 300 crore
8Project Description: Bharat Petroleum Corporation Limited is planning to install a new LPG bottling plant by installing 3X1450 MT mounded storage bullets for the storage system with a bottling capacity of 270 TMTPA. It has not been decided yet whether the project will be implemented through the EPC or EPCM route.
8Project Event: RFQ for a contractor expected by the first week of November 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Nov/2018
8Release Date: Dec/2018
8Start Date: Q1:2019
8Completion Date: Q1:2021
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8Business opportunity pipeline suppliers- Find out where
A refinery is planning to float a bid for the manufacture, inspection, testing and supply of Seamless, ERW (Electric Resistance Welded) pipes and EFSW (Electric Fusion Welding) pipes.
Click on Details for more
Details
Saudi Arabia is known to be a sober and responsible oil producer, interested in trying to manage the Brent price within a very narrow range of $70 to $80/barrel for now:
8In this context, why did the Kingdom lower its output in July?
8Does this mean that it is not interested in capping the oil price on the upside?
8Saudi Arabia pockets a hefty part of the total oil revenues generated by oil exporting countries but its earnings, even as prices go up, are much lower than what it had been in the past
Find out more click on Report . Details
Sembcorp Industries deal with Bangladesh for sale of  250MW of power represents around 19% of Sembcorp Gayatri Power Ltd's (SGPL) 1,320MW installed capacity. The plant has been in losses due to the lack of PPA since the inception of operations.
Some questions are answered here;
8What price was the deal arrived at?
8How will Sembcorp Gayatri Power fare now that the deal is in place?
8Does the deal make sense for India, wherein the CO2 emissions take place within India while the power is supplied at the lowest cost basis to Bangladesh.
8Should such power plants exporting to India pay for the ost of CO2 emissions in India?
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A controversy has also erupted over Adani Power Limited's 2x800 MW super-critical thermal power plant to be located in the Godda district of Jharkhand.
8The plant is meant to supply power to Bangladesh.
8An EPC contract was awarded to Shanghai Electric Power Construction Corporation but work at the ground has not been started yet.
8As a host state, Jharkhand is legally entitled to buy 25% of the electricity, but the company plans to export the entire electricity to Bangladesh while sourcing Jharkhand's 25% share from another power plant, albeit at a higher price.
8The land acquisition plan has come run into trouble as villagers are strongly opposed to the plant.
8Perhaps they have a point reasonable point of view because the question is whether it is justified to take over local land, build a power plant, emit emissions and then ferry the power at competitive rates to Bangladesh? Details
8Project Name:  Oilfield Development
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited is planning the development of the CB-ONN-2010/8 block the in Cambay Basin in Gujarat. A pre-feasibility report has already been prepared. The project involves drilling of 8 development wells and conversion of 2 existing exploratory wells into development wells. Moreover, a consultant has been appointed for the preparation of an EIA report. Further RFQs are expected soon.
8Project Event: RFQ for integrated drilling services is expected by June 2019.
8Expenditure Approval: Q1/2019
8RFQ Date: Jun/2019
8Release Date: 2019
8Start Date: Q1/2020
8Completion Date: 2022
Click here for more details or key project parameters and other details
Details
8Project Name:  Oil Field Development
8Project Cost: Rs 200 crore
8Project Description: Gujarat Natural Resources Limited's RFQs for development drilling of 05 wells and laying down of infield pipelines in the Dholasan block located in the state of Gujarat are expected soon. The RFQs for the hiring an EPC contractor for pipeline installation will be executed after that. The block has been awarded to Gujarat Natural Resources Limited (GNRL) and Gujarat State Petroleum Corporation Limited (GSPCL) with participating interest of 30% and 70% each. The equipment required for this project includes Drilling Rigs, Drilling Pipes, Casing Pipes, Drill Bits, Directional Drilling services, Cementing services and Mud engineering services.
8Project Event: RFQ for the hiring of Integrated Drilling services is expected by December 2018.
RFQ for the hiring of equipment and oilfield chemicals is expected by Q1 2019.
8Expenditure Approval: Q4/2017
8RFQ Date: Dec/2018
8Release Date: Feb/2019
8Start Date: Q3/2019
8Completion Date: Dec/2022
Click here for more details for key project parameters and other details
Details
8Project Cost: Rs 300 crore
8Project Description: Owner's RFQs for an EPC contractor for establishing an Additional Co-generation Unit, GT-IV, and Enhanced Reactive Thermal Oxidizer (ERTO)  are expected shortly.
8Project Event: RFQs for hiring services for topographical surveys is expected by October 2018.
RFQ for the hiring of an EPC contractor is expected by December 2018.
8Expenditure Approval: Q3/2016
8RFQ Date: Oct/2018
8Release Date: Dec/2018
8Start Date: Feb/2020
8Completion Date: Dec/2021
Click here for more details
Details
8Project Name: Panipat Refinery Greenfield Catalyst Manufacturing Unit
8Project Cost: Rs 206 crore
8Project Description: Indian Oil Corporation Limited has hired Projects & Development India Limited (PDIL) as an EPCM contractor to install a new Catalyst Manufacturing Unit with a capacity of 1500 MTPA in its Panipat refinery. The detailed feasibility report was prepared by PDIL. Currently, planning related activities are on.
8Project Event: RFQ for the land development work is expected by end September 2018.
 RFQ for the FEED work is expected by November 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q3:2018
8Completion Date: Q2:2020
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Details
8Project Name: Greenfield refinery gas pipeline project
8Project Cost: Rs 1400 crore
8Project Description: The route has been finalised and the Cadastral Survey has been completed. The requirement of pipe quantity is under preparation. Detailed engineering survey is expected to completed by December 2018. At present land acquisition process is going on.
8Project Event: RFQ for the FEED is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q3:2020
Click here for more details for key contacts
Details
For reference purposes the website carries here the following tenders:
8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Kolkata Terminal Mourigram Details
8Procurement of Effluent Treatment Plant Pressure Filters at LPG and C2C3 Recovery Plant Details
8Procurement of 7700 KL N-Hexane Details
8Hiring of Project Management Consultancy Services for Pipeline Project Details
8Piping and Structural Modification for Additional Flare Line for refinery Details
8Supply of addressable Multi-sensor Detector at HMRB Pipelines Details
8Supply of pH Analyser spares at refinery Details
8Supply of Rotork make Actuators Details
8Supply of HCU Dresser Valve Spares Details
8Supply of 42 MT of Ethylene Bis-Stearamide Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Now IOC targets clothes ironing shops with gas iron boxes Details
8Government tells ONGC to list overseas unit Details
8GE to supply gas turbines for HPCL Vizag refinery expansion Details
8BRIEF: Shell restarting Pernis oil refinery gasoline unit after brief outage Details
8Trade deficit greater concern than rupee, says Niti Aayog Vice-Chairman Rajiv Kumar Details
8Rising costs, trade worries tarnish BHP profit jump, record dividend Details
8Russia's Putin to maintain gas transit to Europe via Ukraine Details
8Moldova mulls new gas contract with Romania, not Russia Details
8Sinopec Shanghai Petrochemical processed 8 per cent more crude in H1 Details
8OPINION: US gasoline consumption flat, growth switches to diesel Details
8Iraq's southern oil exports head for record high in August Details
8China-backed energy and rail projects worth $22 bn cancelled: Malaysian PM Details
8Oil prices rise on U.S. crude inventories, Iran sanctions worries Details
8No GST on petrol, diesel in near future as Centre, states not in favour Details
8US sanctions hit India, Iran gas field talks Details
8Canada's Alberta to roll out automated oil project review system Details
8Spanish energy company Cepsa ready to launch listing in September -sources Details
8S.Korea's S-Oil plans $4.5 bln petrochemical project investment Details
8OPINION: No matter how many leaders Australia knifes, renewable energy will still win Details
You can also click on Newsclips for more
Details
Project Name: Greenfield Hydroelectric Project
8Project Cost: 2545 crores
8Project Description: Owner along with consultant is planning the installation of a greenfield 260 MW hydroelectric power project. Further bids are expected soon.
8Project Event: RFQ for civil and H&M works worth Rs. 1228 crores are expected by September 2018.
8Expenditure Approval: Q4:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: 2019
8Completion Date: 2024
Click here for more information

8Project Name: Hydroelectric Plant Maintenance Project
8Project Cost: 10 crores
8Project Description: Promoter plans a 35-day scheduled annual maintenance in the 600 MW hydropower station. The major scope of work includes overhauling of speed governors, replacement of bearing sets, seals, replacement of valves, pipes, cleaning of the field winding of stator and rotor of the generator, among others.
8Project Event: RFQ for required overhaul equipment is expected by September 2018.
Click here for more information
8A 130 KWp solar PV plant is coming up in a 2600 MW thermal power station: Opportunities for solar power developers
Click on details
Details
Some recent oil & gas sector tax ruling have widespread implications
8One such case, the court held that the authorities did have the right to separate Technip's contract for offshore construction work into mobilization and demobilization and installation services as the company executed the job on a composite contract. This has implications for other service providers
8Then again, it was clarified that GST will be payable by the refinery only on the net quantity of petroleum gases retained by the recipient manufacturer for the manufacture of petrochemical and chemical products. Though, the refinery would be liable to pay GST on such returned quantity of petroleum gases, when the same is supplied by it to any other person. It was reiterated that this clarification would be applicable mutatis mutandis on other cases involving supply of goods, where feed stock is retained by the recipient and remaining residual material is returned back to the supplier. The net billing is done on the amount retained by the recipient.
 Click on Reports  for more Details
The Federation of Indian Petroleum Industry is a well meaning outfit but it has yet to put its act together properly.
8The research reports generated are at best mediocre and whether it is an effective lobbying force is in doubt
8But it has now constituted committees of retired bureaucrats and oil executives to institute a series of awards
8One of them is to select the best private E&P player.
8But, really, is there a need to select a winner among, at best, a handful of such players?
Click on Reports  for more Details
A private E&P player is currently actively negotiating an Mobile Offshore Processing Unit for deployment in an offshore asset with first oil by Q-1, 2020-21
8The MOPU will hook up with wells through flow lines.
8A new set of small but efficient players are now working on select offshore blocks where the requirement of MOPUs and rigs will be common place
8Find out more about this deal.
Click on Reports  for more Details
Ammonia-Urea Brownfield Project       
8Cost - Rs 6000 Crore
8Project Event: The equipment and services purchase work is ongoing and NIT for Offsite & Utilities package is likely to be released in September 2018.
Click here for more information  
NPK Fertilizer Greenfield Project      
8Cost - Rs 1517 Crore
8Project Event: RFQ for EPC contractor was floated in February 2017 and price bid has been opened, Finalization is due in September in place of August 2018 due to delay in the evaluation. The tender for equipment is likely to be released in September 2018.
Click here for more information
Ammonia-Urea Annual Maintenance Project    
8Cost - Rs 20 Crore
8Project Event:NIT for a registered Maintenance Contractor is likely to be released in January 2019.
Click here for more information
Details
How is it that bidders in high-value ONGC contracts are filing representation even before tenders are processed by ONGC?
8Even before tender proceedings are approved within ONGC by competent authorities, bidders have often been seen sending in a representation to the company
8There have been instances where bidders have moved Independent External Montiors
8There have been times when judicial authorities have been appealed to even before a tender was processed internally
Click on Reports  to know more Details
8Onshore-wind-produced power: US$39/MWh
8Solar-photovoltaic power: $41/MWh
8Coal-fired electricity: $68/MWh
8Combined cycle imported natural gas: $93/MWh.
Click on Reports  for more Details
Is there a possibility of a misuse of the "subject to availability" clause in tenders taken out for rigs and vessels?
8Were some suppliers gaming the bidding system in ONGC as a consequence?
8A complaint was filed to the CVC that the clause was indeed misused
8An investigation followed
Click on Details for more Details
8Project Name: SRU Unit Revamp
8Project Cost: Rs 300 crore.
8Project Description: The owner along with its EPC contractor is revamping of the Sulphur Recovery Unit
8Project Event New: RFQs for Centrifugal pumps and Valves are expected by November 2018.
8Expenditure Approval: Q1/2017
8RFQ Date: Nov/2018.
8Release Date: Dec/2018
8Date: Q2/2018
8Completion Date: Q4/2020
Click here for more details

8Project Name:  Trunkline Modification
8Project Cost: Rs 100 crore
8Project Description: RFQs for hiring an EPC contractor for topside enclosure modification in its existing  250 km trunk line is expected soon.
8Project Event: RFQs for hiring an EPC contractor for topside modification for pipeline is expected by December 2018.
8Expenditure Approval: Q3/2018
8RFQ Date: Dec/2018
8Release Date: Q1/2019
8Start Date: Q2/2019
8Completion Date: Q4/2019
Click here for more details
Details
8Project Name: Refinery Greenfield Bulk Import of Grid Power Project
8Project Cost: Rs 200 crore
8Project Event: RFQ for the material supply for switchyard equipment is expected by October instead of August 2018.
8Expenditure Approval: Q1:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2018
8Completion Date: Q4:2020
Click here for more details

8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 4000 crore
8Project Description: MECON is the PMC contractor. Ratnamani Metals & Tubes Limited has got the contract for pipeline supply for a100 km 24-inch diameter stretch.
8Project Event: More pipeline RFQs are expected by October 2018.
8Expenditure Approval: Q4:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q1:2022
Click here for more details

8An annual maintenance contract for Atlas Copco make compressors
Know more
Details
For reference purposes the website carries here the following tenders:
8Monitoring & maintenance of pipeline and SV Station Details
8Procurement of Helium Gas for Online Gas Chromatographs Details
8Supply of Cast Valves Details
8Internal Painting of Carbon Steel Fire Water Pipelines in refinery Details
8Supply of Complete Evaporator Assembly Details
8Down comer and riser Tube replacement IBR jobs in Boiler in refinery Details
8ARC for Online sealing and Re-strengthening of pipes and Tanks Details
8Bunker Supply of White Oil by Barge to Coastal/ Foreign Vessels Details
8Supply of License, Basic Engineering Design Package, Catalyst and other related Services for Polypropylene Unit Details
8Supply of General Gases Details
8Procurement of Optical Pyrometer for PDPP Project Details
8Transportation of filled Totebins Details
8Procurement of Check Valves Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8GAIL Barauni-Guwahati natural gas pipeline work gathers pace Details
8India has 49% more than earlier estimated oil and gas reserves, says report Details
8ONGC not to sell stake in IOC, GAIL in near future; repays close to third of Rs 24,881 cr loan to buy HPCL Details
8Final hearing in British oil firm Cairn's arbitration against retro tax of Rs 10,247 crore to begin today Details
8Iran oil minister: French oil giant Total pulls out of Iran Details
8Land purchase problems slowing TAPI advance in Afghanistan Details
8France’s Total has officially left Iran: Oil minister Details
8India’s Vedanta to invest $2.3 bln in oil and gas Details
8Oil heads for a third straight rise as traders eye Iran and China Details
8How an Iraqi election compounded India's Iranian oil problem Details
8Brent oil stabilises near $72 as economic concerns weigh Details
8Shell recovers most oil from Nigerian spills, pipeline still shut Details
8Sinopec Shanghai ahead of schedule in providing cleaner diesel Details
8Lebanon wants Russian firms to compete for oil and gas tender Details
8Government eyes Rs 12,000 crore via share buyback in 6-8 PSUs Details
8Oil edges up on U.S. sanctions against Iran, but trade dispute weighs Details
8Bullish oil bets fall to 11-month low as fund managers close long positions Details
8China defies U.S. pressure as EU parts ways with Iranian oil Details
8U.S. offers 11 mln barrels of oil for sale from strategic reserve Details
8Poland and Germany disagree over planned Russian gas pipeline Details
You can also click on Newsclips for more
Details
Four Jack-Up rig tenders are coming up between November to January this year
8Find out where these rigs are going to be needed
8When are the RFQs coming up?
Click on Details for more Details
The crude tanker spot market saw some surprising strength in July, with rates rising to 9-month highs.
8But are these highs sustainable?
8Find out what is the outlook for the rest of August and September
Click on Reports  for more Details
There are signs that tanker ordering is beginning to slow down.
8It is not unusual to see a reduction in ordering activity over the summer months but this time around ordering is at a record low
82016 and 2017 were bad years for tanker orders but the situation has become worse now
8Is the rising cost of newbuild tankers the reason?
Click on Reports  for more Details
Nothing highlights the fuel-use dilemma better than the Indian tile industry
8High LNG prices have forced many of them to go back to coal gassifiers
8Yet environmental regulations are tightening, pushing up the cost of energy through the coal route
8Caught between high LNG prices and increasing gasifier cost, the industry faces the dilemma on which fuel to bet upon eventually
8If LNG prices stay low, as they are likely to in 2019 and 2020, more gas than coal will be consumed
Click on Reports  for more Details
Big data is changing the way product slates and crude mixes are going to work on refinery dynamics.
8The data landscape has changed so much that a schedule can be produced on a daily or shift basis (mainly around blending and batch or semi-continuous processes) to capture changes in market demand.
8These decisions can feed into a dynamic optimization model which in turn determine optimal operating conditions for equipment using up-to-date information.
8Initial research conducted with models to predict the performance of crude distillation units reveals above par accuracy, which holds promise for significant improvements in overall margins.
Click on Reports  for more Details
8Contrary to what the mainstream view is, the global oil market is likely to see an over supply by the end of 2018. Find out what is the basis for this argument. Click on Report  for more.
8With a spate of high cost 2G ethanol project in implementation mode, the design phase is going to be coming to an end and equipment orders are likely to flood in from the next two quarters. Know more click on Report .
8The Chinese are buying more Middle Eastern LPG now than every before. Know more click on Report .
8Tax incentives was what drove investments in the oil & gas sector but some of it will not longer be available. Find out why click on Report .
8Get the latest maritime risk report here. Click on Report  for more.
8India may the gastest growing big economy in the world, and its energy consumption needs will be large going ahead. Yet its par capita consumption will stay low and will not catch up with China and the US. Why will that be so? Click on Report  for more.
8One Indian maritime company has come out with a full disclosure on its green house emissions and the steps it is taking to keep them under check. What were the findings, also know more on the consultant it employed to derive its data.Click on Report  for more.
8India's new ethanol blending policy is likely to bring about a rush in orders but not from traditional players. Know more click on Report .
8Indian Oil Corporation Ltd has been losing market share while its core GRMs have weakened. Click on Report  for more.
8Indian researchers have found that a blend of hydrogen with CNG provides the best results. Click on Report  for more.
8Bamboo is a great renewable fuel. A study has shown that even 1% of India's bamboo output is utilized, it can generate equivalent of 32,500 MW of power. The ash content is low while availability is throughout the year. Cost-economics show a payback period of just 1 year. Click on Report  for more.
8With the overall sulphur recovery efficiency of sulphur recovery units with tail gas treating commonly exceeding 99.9%, attention has turned to other sources of sulphur emissions in refineries and gas plants. What has been the advances on this front so far, and which the most promising licensors in this field? Click on Report  for more.
8Solar power pumps are getting increasingly popular with attractive schemes launched by the government. This can cause a huge dent in the Rs 27,000 crore diesel market for agricultural use. That is 12% of India's diesel consumption. Click on Report  for more.
8India is considering 50% Iran oil cut: Find out more click on Report . Details
Ammonia-Urea Brownfield Project       
8Cost - Rs 6000 Crore
8Project Event: The purchase of major equipment and services is ongoing and NIT for Effluent Treatment Plant & Sewage Treatment Plant has been released and bid closing date is 11 September 2018.
Click here for more information  
 Ammonia-Urea Brownfield Project      
8Cost - Rs 4933 Crore
8Project Event: Discussion process is ongoing, The project is under consideration of Govt and Cabinet approval is likely to be elicited in October 2018, and RFQ for the EPC contractor is likely to be released in December 2018
Click here for more information
  Details
Ammonia-Urea Brownfield Project       
8Cost - Rs 6000 Crore
8Project Event: The purchase of major equipment and services is ongoing and NIT for Effluent Treatment Plant & Sewage Treatment Plant has been released and bid closing date is 11 September 2018.
Click here for more information  
 Ammonia-Urea Brownfield Project      
8Cost - Rs 4933 Crore
8Project Event: Discussion process is ongoing, The project is under consideration of Govt and Cabinet approval is likely to be elicited in October 2018, and RFQ for the EPC contractor is likely to be released in December 2018
Click here for more information
  Details
8Project Name:Refinery Greenfield INDMAX Project
8Project Cost: Rs 2582 crore
8Project Event: RFQ for the erection of Reactor, Regenerator & Riser of Indmax Gasoline Desulphurization Package is expected by end October 2018.
8Expenditure Approval: Q4:2015
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Feb/2016
8Completion Date: Nov/2019
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8Project Name: Greenfield Gas Pipeline Project
8Project Cost: Rs 3500 crore
8Project Description: MECON has hired as the EIA consultant for this pipeline. Further RFQs are expected soon.
8Project Event: RFQ for the Geotechnical survey is expected by October 2018.
8Expenditure Approval: Q3:2017
8RFQ Date: Oct/2018
8Release Date: Nov/2018
8Start Date: Q1:2019
8Completion Date: Q4:2021
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8Major PMC contractors discouraged from upcoming LNG terminal maintenance contract.
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Details
8Project Name: Oil Field Development
8Project Cost: Rs 300 crore.
8Project Description: Private sector E&P player's  RFQs for wellhead installation facility for Modhera oil field are expected to be out soon.Meanwhile,  RFQs for hiring effluent treatment and mud services is expected by November 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Nov/2018.
8Release Date: Dec/2018
8Date: Oct/2019
8Completion Date: Dec/2021
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8Project Name:  Mining Lease Block Development
8Project Cost: Rs 50 crore
8Project Event: RFQs for hiring wireline and cementing services is expected by November 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Nov/2018
8Release Date: Q1/2019
8Start Date: Oct/2019
8Completion Date: Oct/2021
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Details
For reference purposes the website carries here the following tenders:
8Supply of Fresh Catalyst (Dry Basis) for PFCC Unit Details
8125 Ton Capacity Work-Over Rig including Supply, Installation and Commissioning Details
8Supply of 702000 Kg of Liquid Flow Improver Details
8Copying of Seismic Raw Data from input tapes to output tapes Details
8Pre- Qualification Criteria of vendors for Hiring of Top Drive Assisted Casing Tubing Running Tool Services Details
8Pre Qualification Criteria of vendors for Hiring of Non Rotating Drill Pipe Protector Services Details
8PQC for tender of TPCA for CPP-LQUP and Onshore Terminal packages of KG DWN 98/2 Details
8PQC for tender of TPIA for CPP-LQUP, Onshore Terminal and FPSO packages of KG DWN 98/2 Details
8Notice Inviting Tender for Engineering Study for Plant Reliability Details
8Hiring of Agency for Domestic Meter Reading Collection through Software Details
8Global Expression of Interest under International Competitive Bidding for provision of Support Vessel for Acid Stimulation/ Coil Tubing Campaign at CB/OS-02 Block Details
8Supply of Caustic Potash Details
8Supply of Blowdown Valves and Spares in refinery Details
8Supply of Spares for Compressor in refinery Details
8Environmental Audit for obtaining No additional Load on Pollution certificate for BS VI project of refinery Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8GAIL awards contract for 108 km of Barauni-Guwahati gas pipeline Details
8Vedanta to invest $2.3 billion towards capex on oil & gas in near term Details
8ONGC repays a third of loan taken to buy HPCL Details
8Final hearing in Cairn arbitration against retro tax to begin on Monday Details
8Sudan wants India's ONGC Videsh to withdraw arbitration over oil payment dues Details
8GAIL seeks foray into solar power plants, battery charging stations Details
8Rupee might stabilise at 68-69 a dollar: Economic affairs secretary Details
8FCCU shutdown not impacting Jamnagar refining business: RIL Details
8OPINION: Be alert! Curbs on Iran oil can make Indian macros crumble Details
8CAG pulls up SAIL for huge coking coal import despite 3 captive mines Details
8India's current account deficit expected to widen to 2.8% of GDP: Nomura Details
8Kerala floods: 280 fuel stations, 279 LPG distributorships submerged Details
8Iraq's Basra Oil, Chevron agree to implement MOU to develop oil fields - Iraqi oil ministry Details
8Global crude oil prices dip on concerns of slowing economic growth Details
8Iran says no OPEC member can take over its share of oil exports Details
8Iran says it is seeking solution to sell oil and transfer revenues -IRNA Details
8Hoegh LNG to supply floating LNG terminal to Australian import project Details
8Ethiopia opens first-of-its-kind power plant that turns waste into energy Details
8Australian prime minister abandons greenhouse gas reduction target Details
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Details
At long last, combine cycle gas-based power plants are back in demand. And they will not be subsidy driven this time around.
8The expansion of the renewable industry will now mean that gas-based power plants will be increasingly called upon to fill up the gap in power supply in the absence of large-scale energy storage systems.
8This is part of a major shift now on in the Indian power sector, in which conventional power plants shift from baseload to intermediate load operation
8Indian power grid operators recently recommended the need for power plants to have fast load ramp-ups and shorter low-load and start-up time to ensure a stable grid in the face of increasing injection of intermittent renewable energy.
8The demand for ancillary services, such as a provision of control reserves and frequency support, as well as tertiary control reserves along with consequential load-follow operation, has gone up.
8New operating dynamics, never seen earlier, have now emerged, such as two-shift operations, load-follow operations, island operations, black start capabilities, frequency support and very high start-up and operating reliabilities.
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Project Name: Thermal Power Station - FGD Addition
8Project Cost: 1060 crores
8Project Description: Owner has awarded an EPC contract for development of the flue gas desulphurization system (FGD) in a 1980 MW thermal power plant. Further bids are expected soon.
8Project Event: RFQ for civil works of piling, foundations, structural and architectural works of the FGD system is expected by the Q4 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Q4:2018
8Release Date: Q4:2018
8Start Date: Q1:2019   
8Completion Date: Q1:2022
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8Project Name: Thermal Power Station - Annual Rate Contract Project
8Project Cost: 3 crores
8Project Description: Promoter is planning to come out with an O&M of the lignite handling plant in its existing 300 MW lignite based thermal power plant. A bid for an annual rate contract for O&M of the same is expected soon.
8Project Event: RFQ for an O&M of the lignite handling plant is expected by December 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Dec/2018
8Release Date: Dec/2018
8Start Date: Q1:2019   
8Completion Date: Q1:2020
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8Supply of C&I equipment required in a 1000 MW thermal power station: Find out the project owner
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Details
This is where gas based power plants will now step in. And the change in coming quickly, within the coming few months.
8The pattern of dispatch of combine cycle gas turbines (CCFTs).
8There will be a general shift for CCGTs from base load to flexible operation.
8Flexible operation is broadly defined as any mode of operation other than base load, such as a two-shift operation and load following.
8Two shift operations will mean starting up and shutting down a plant each day to meet load demand during periods of high demand.
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Gas suppliers were recently contacted by India's grid operators to help out with two-shift gas plant operations.
8There was some initial reservations as such operations would lead to fluctuations in pipeline pressure which would affect the others connected to their supply system.
8But it is now learnt that least one of them have agreed to try out the experiment
8A mock test is proposed to be carried out at the end of the month in one power plant wherein a gas turbine would be scheduled for 2-3 hours of operation during the evening peak to examine the level of pressure fluctuations in the gas pipelines.
8On successful completion of the trial, the proposed two shift operation would be implemented.
8The energy generated during this mock test will be scheduled to the beneficiaries of the respective generating stations.
8If the system holds out, gas-based power plants across the country will be moved into double shift. And nearly all of them will start pumping out power once again, given India's growing appetite for flexible power.
8If the demand for gas from the Indian power sector picks up in this manner, the gas supply industry in India is in for a major boost
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BPCL's upstream activities, driven by Bharat Petro Resources Ltd, is likely to see some sharp uptake
8The company has already invested $3 billion in upstream assets
8Another $3 billion is in the pipeline for early monetization effort, particularly in Mozambique
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The real reason why pollution is so rampant in India is due to false reporting of data
8The rules are all in place but polluters just do not follow them
859% of the industrial plants whose audits were back-checked by an independent agency were found to be polluting above the standard.
8The other place where fraud occurs is at the auditing level. Monitoring reports carried out by accredited third-party labs were found to be heavily biased. For instance, independent back-check pollution readings were 0.3 standard deviations higher than the readings produced in official audits. In other words, 29% of industries were falsely reported to be in compliance.
8A new study claims that pollution an be brought down by simple measures:
-- Install real time emission monitors and check the data remotely
-- Publicize the list of polluters to build public pressure
-- Move to fines instead of heavy fisted criminal penalties
-- Introduce emission trading
-- Introduce a different set of incentives to get auditors to report correct data
-- Introduce Odd-Even driving restrictions during times of heavy pollution, as data shows that this works
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What really was the rationale for the Schlumberger quote an impossibly high day rate of $86,000 for an uncontracted Indian Platform Support Vessel while quoting for a Well Stimulation Vessel tender in India?
8Why was there a need for such a high quote?
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For reference purposes the website carries here the following tenders:
8Tender for Supply of Instrumentation Junction Boxes Details
8Tender for Supply of Cast Valves Details
8Tender for Overhauling/Servicing/AMC of Auma India Pvt. Ltd. make actuators Details
8Procurement of Pulleys for Refinery Details
8Supply of Liquid Chlorine in 100 Kg Cylinder Details
8Tender for Service Contract for BHEL make DAVR & ECS Details
8Tender for Consignment clearance services at port trust Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Japan steps up US LPG purchases in fallout from Sino-US trade conflict Details
8India's oil import bill to jump by $26 billion on rupee woes Details
8Angola aims to boost crude oil output with new block sale agency Details
8Stock market update: IGL, IOC drag oil & gas index down Details
8Swiss utility in LNG supply talks with Canada's Goldboro project Details
8Workers to strike at three Total North Sea oil and gas platforms on August 20: Union Details
8OPINION: Fuel markets confirm global growth slowdown Details
8U.S. energy chief Perry applauds Mexico's plan to end fuel imports Details

8Oil prices fall amid fears over slowing global economic growth Details
8Russia's Gazprom Neft says expects better oil output dynamic in 2018  Details
8Rs 44,000 crore greenfield freight corridor on east coast in the works Details
8Dalian coke extends rally to 7-year peak as China curbs hit supply Details

You can also click on Newsclips for more
Details
Project Name: Greenfield Super Thermal Power Project
8Project Cost: 15960 crores
8Project Description: The EPC contractor along with sub-contractor is carrying out the preparation of the compound boundary wall in the 1600 MW greenfield thermal power plant. Further bids are expected soon.
8Project Event: RFQ for supply, civil works, erection, and commissioning of the natural draft cooling tower is expected by the September 2018.
RFQ for the coal handling plant main package is expected by October 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Sep/2018
8Release Date: Sep/2018
8Start Date: Jun/2018    
8Completion Date: 2022
Click here for more information
8Project Name: Hydroelectric Power Station Maintenance Project
8Project Cost: 8 crores
8Project Description: Owner has planned a 26-day scheduled annual overhaul in the 50 MW hydroelectric power station. The major scope of work includes overhauling of speed governors, replacement of bearing sets, seals, replacement of valves, pipes, cleaning of trashrack, replacement of runner blades of turbine due to damage caused by silts and debris, among others.
8Project Event: RFQ for required overhaul equipment is expected by the end of August 2018.
Click here for more information Details
8Which are the major brownfield and greenfield refinery projects coming up in India from the perspective of a licensor or an EPC contractor? Click on Reports for more.
8There is a projection that Petronet LNG's share price is going to go up by 25%. Find out more on what is the real basis of this optimism. Click on Reports for more.
8RIL restarts Jamnagar PE complex after shutdown while it declares force majeure on gasoline exports because of trouble with its FCC units. Click on Reports for more.
8Iran has begun heavily discounting its crude supplies to purchasers such as India. The discount rate in relation to Saudi Arabain crude is the highest in the last one and half decades. Know more click on Report.
8What is the progress on IOC's latest capex round? Get an update on the company's projects here. Click on Reports for more.
8Marketing freedom on sale of gas in the North East may not turn out to be as much of a bonanza as the underlining subsidy now stands withdrawn. Know more click on Report for more. Details
How attractive is the RIL-BP investment in the in the R-Cluster and MJ discovery?
8A lot will depend upon the price of gas relative to the cost of production
8And the price of gas will be pegged to the landed price of LNG
8Are banks and financial institutions willing to back these investments?
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How much money will RIL-BP combine invest in the R-Cluster and MJ discovery from their own pockets?
8It looks like the total investment will not be as high.
8The estimated own pocket investment will be only to the tune of around $2 billion  between mid-2018 and mid-2020.
8Find out why there is such a large divergence between total investment of $ 5 billion and investment from own pockets
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