All content in this website is sourced legitimately

Archives

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.

Aug 2020

If you are a company with stressed power assets, here is a solution
8A JV can help you manage you assets with new skills and technology.
8How far the JV can go remains a moot point, as the problems are deeper than what just skills and technology can solve.
8Nevertheless, it is worth having a look at what they have to offer
Click on Reports for more Details
PLL claims ONGC could not sell KG-DWN-98/1 gas because the price was too high.
8Only 0.1 mmscmd of gas was sold from the planned output of 0.7 mmscmd from one well that went into early production
Click on Details for more Details
8There is hope as well as consternation among bidders over the Nayara petrochemical project.
8And there are some fresh developments we well. Details
For reference purposes the website carries here the following tenders:
8Supply, Transportation and Installation of RVI together under various regions of East Zone Details
8Supply of Manpower at T and E Station Details
8Supply of H2S Gas Detectors Details
8Supply of Motor Operated Valves - Ball Valves Details
8Supply of Forged Valves Gate Globe Check Lot 3 for Naphtha Cracker Expansion Project Details
8Supply of Horizontal Centrifugal Pumps Details
8Carrying out Geotechnical Investigation Works Details
8Supply, Installation, Testing and Commissioning of Lightning Protection Devices Details
8Detailed Route Survey of Pipeline Projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Maharashtra: Petrol dealers allege fuel oil being mixed in diesel instead of bio-diesel Details
8Petrol prices rise, Diesel remains steady Details
8Domestic gas prices may fall further in October Details
8Baghjan gas well capped after 83 days, operations start to douse fire Details
8Asia’s richest man Mukesh Ambani is on a shopping spree in race against Amazon Details
8RIL acquires majority stake in e-pharma player Netmeds for Rs 620 crore Details
8Maharashtra: Petrol dealers allege fuel oil being mixed in diesel instead of bio-diesel Details
8Maharashtra: MNGL’s green fuel project a hit in city Details
8Maharashtra: MSRTC to set up 30 petrol, diesel and LNG pumps Details
8BPCL to commission Rs 80 crore bottling plant in Tamil Nadu soon Details
8Demand dip makes refineries cut production, launch maintenance Details
8Warmer weather, supply woes push Asian LNG prices to pre-virus levels Details
8Petronet LNG to gain from higher LNG usage going forward Details
8Oil prices skid as concerns over U.S. demand recovery seep through market Details
8Rule allowing LNG rail shipments in US challenged in court Details
You can also click on Newsclips for more   Details
8PLL has been tight lipped about submissions made against their EOI for building additional LNG tankage
8Find out we found out Details
8Currently only two LNG terminals in India have cargoes linked up for them as per our data
8Four other terminals have no landings
Click on Reports for more Details
This is a Rs 6000 crore Ammonia-Urea project
8And yet it has not found a suitable bidder for a steam generation unit
Click on Details for more   Details
Project Name: Refinery Greenfield Residue Up-gradation Project
8Project Cost: Rs 7000 crore.
8Project Description: Public hearing is getting delayed due to COVID.
RFQs are to be floated from October, it is learned
Click here for more details Details
There are some seismic surveys form which it is not possible to get an adequate response
8As his company found out.
Click on Details for more Details
8COVID may have got firmly entrenched in the East Coast deepwater drillships.
8And this may turn out to be costly for the operators.
Know more Details
8EIL's order inflows plunged 91% in Q-1, 2020-21
8But the outlook is brighter than it seems now
Click on Reports for more Details
LNG spot prices are going up
8October deliveries are currently priced at between US$3.80 to US$4.00 per million Btu.
Are they likely to stay up? Details
For reference purposes the website carries here the following tenders:
8Refractory Repair Works in Group-1 and Group-2 during Refinery-III M and I Shutdown Details
8Supply of Sodium Nitrate Details
8Supply of Mechanical Seal Spares Details
8Rate Contract for Operation and Maintenance of Heavy Equipment at refinery Details
8Supply of Detachable type Conveyor Chain at LPG Bottling Plant Details
8Procurement of Portable Multi Gas Detector for Onshore Blocks Details
8Setup and maintenance of Facility Management Services for IT equipment, components, services Details
8Overhauling of CO2 Flooding Systems fitted with the Compressor or Booster Compressor at CGD Details
8Round the Clock Services for Operation and Maintenance of STP Details
8Procurement of Industrial Gases for Assam Asset Details
8Hiring of DG Set on call basis for providing back-up power to ONGC Transit Accommodation Details
8Operations, Maintenance and upkeepment of Electrical and Fire Fighting System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Natural gas prices may be cut to decade low of $1.9, dent ONGC revenues Details
8Brokerages cheer BPCL’s Q1 show; valuation, demand worry some Details
8Oil refiners shut plants as demand losses seen continuing Details
8Petrol prices now on the run while diesel remains steady Details
8Jobs: India's Petrochemicals sector to provide 100,000 jobs over next decade Details
8Assam oil well fire: Leakage expected to be capped at any moment Details
8Diesel consumption falls in August Details
8Opinion: Hedge funds focus on relative value as oil prices stall: Kemp Details
8Oil edges lower as suppliers try to hold line on output cuts Details
8Total resumes Angola oil drilling Details
8Libya's NOC says German foreign minister urges end to oil facilities blockade Details
8OPEC+ compliance with oil output cuts in July around 97 per cent Details
8BHP to put its Australian Bass Strait oil and gas assets up for sale Details
8US approves oil, gas leasing plan for Alaska Wildlife refuge Details
8Mauritius copes with split Japanese ship that spilled oil Details
You can also click on Newsclips for more   Details
8GAIL's inability to complete the Kochi Mangalore pipeline has caused a different kind of crisis
Find out more. Details
A bunch of submissions is coming up for the Barmer refinery.
8After many extensions, the dates are now final for submissions
Click on Details for more Details
This particularly E&P operator is now seeking to buy some heavy duty drilling rigs
8And this can turn out to be a sizeable order for anyone who grabs it
8With Chinese companies banned, it looks like the tender is tailor-made as of now
Click on Reports for more. Details
8The unit wise marginal cost of imported gas is going to be very high in India and eventually imported gas based units may have to stay dry
8No more coal based power plants are needed anymore as renewal power is becoming cheaper in a 24X7 mode in a combination of wind+solar+battery.
8Only domestic gas is going to stay viable for power units but supply will dwindle.
8Under this scenario, even low gas prices will not work, unless it is really low.
8In India, it looks like renewal power caries the day.
Click on Report for more. Details
There is an interesting hypothesis that is gaining ground on gas consumption
8And that is that all KG Basin dependent gas-based power companies may end up securing gas from the West Coast instead of expensive East Coast Gas being supplied by the likes of RIL and ONGC given that gas prices are currently ruling low.
8This will last till LNG prices stay very low, as is the case now
Click on Details for more Details
If businesses are planning to wait for normalcy to come after a vaccine to COVID is discovered, they have to wait for quite a while
8The realistic strategy is to wait for a vaccine – global roll-out before 2022 unlikely.
8So despite all the talk, here is a scientific basis to why the wait will have to be that long
8And this will eventually mean that oil demand and prices will stay lower for longer
8Find out more on how all this pans out
Click on Reports for more Details
8The National Stock Exchange wants to set up a gas exchange.
8And has sought modifications in the guidelines to do so
Click on Reports for more Details
India is still eliciting the lowest LNG landed prices.
8Except in Europe
Click on Reports for more. Details
Major gas players seem to have overseen two new hurdles in the smooth operation of gas exchanges
8One is that domestically produced gas cannot be traded in the exchange
8Also, the regulations framed the way they are will create a jurisdictional problem between SEBI and the PNGRB
Click on Reports for more Details
A lobby group of US companies is now active for the first time in the oil & gas sector.
8And they are working hard to ensure an even playing field.
8Find out more on what they are currently lobbying about
Click on Reports for more. Details
8The Rs 10,000 crore North East gas pipeline grid is in an active mode, now that all financial sanctions are in place including a massive doze of viability gap funding.
8Land acquisition is the next phase, it seems
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Global Expression Of Interest for Build, Operate and Transfer of Low Pressure Steam Turbine Driven Power Generation Units Details
8Annual Rate Contract for Supply of Welding Electrodes & Filler Wires Details
8ARC for High pressure water jet cleaning (Rotomol Cleaning) of transfer lines and Vapour lines of Delayed Coker Unit (DCU) and other Refinery Units Details
8Hiring of Open Warehouse space for storage of Project Material in Rohtak district Details
8Appointment of Automotive, Industrial and Rural Lube Distributors Details
8Appointment of Consultant for Digital Strategy Services and Resource Estimation for Digital Initiatives Details
8Hiring of Warehouse Services on Firm basis/ Callout basis Details
8Supply of CNG Dispensers for City Gas Distribution Project Details
8Civil works for deployment of Electrical Rig for testing of well BPAA Details
8Hiring of Services for Certification of Test & calibration equipment of MH Asset Details
8Supply of 2000 HP VFD Drilling Rig with Top Drive & Accessories Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8BPCL disinvestment: Bid submission deadline extended again Details
8Hit by COVID-19 disruptions, BPCL cuts 2021 spending plans by 36 per cent to about Rs 8,000 crore Details
8Delhi pollution: Punjab, Haryana to bank on more machines, biomass plants to reduce stubble burning Details
8EXPLAINER: Who pays for Mauritius oil spill and how much? Details
8Fitch cuts Bahrain rating on combined impact of lower oil prices, coronavirus Details
8OPINION: Oil market sentiment softens as pandemic lingers: Kemp Details
8China ramps up US oil purchases ahead of trade deal review: sources Details
8US oil & gas rig count falls to record low for 15th week: Baker Hughes Details
8Asia LNG prices at over 6-month high on Gorgon concerns, cargo buying Details
8Srait of Hormuz: the world's most important oil artery Details
8Iran refutes US announcement of seizing Iranian oil tankers as "lie" Details
8Japanese bulk carrier involved in Mauritius oil spill breaks apart Details
8UN chief 'deeply concerned' over environmental threat posed by stricken oil tanker off Yemen coast Details
8Petronet LNG may scale down $2.5 billion deal with Tellurian's LNG project Details
You can also click on Newsclips for more   Details
Project Name: Greenfield LPG cavern storage Project
8Project Cost: 702 crores
8The PMC has been selected, DFR was done by a foreign consultancy
8And others who had been involved were RITES. TCE Consulting Engineers and CMFRI.
8But there are delays now due to COVID.
8Find out when fresh RFQs are slated to come.
Click here for more details Details
Loose criteria for selection of a company to do real-time monitoring system for all Artificial Lift of SRP/PCP wells in ONGC's Mehsana Asset
8There were as many as 1000 wells
8Find out details of companies who are interested, and how the tender may end up choosing the wrong candidate for the job. Details
NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The public hearing has been completed but environmental clearance is due and it is likely to be elicited in September in place of August 2020. RFQ for the EPC contractor is likely to be released in October 2020. Details
Ammonium Phosphate Greenfield Project
8Cost - Rs 500 crore
8Project Event: The company is still looking for an alternate location for this project in the state, The company wanted to use part of the land provided near the plant for the fertilizer project. However, it faced a lot of opposition at the mandatory public hearing meeting for environment clearance, held in February 2019. The RFQ for the EPC contractor is likely to be released in September in place of August 2020 due to COVID-19. Details
If you have a large work force, how do you screen for COVID-19?
8Here is  a company which had tied up with IOC.
8But the problem is, the IOC brass wants its employees screened for more than just COVID. Details
For reference purposes the website carries here the following tenders:
8Supply of Sodium Carbonate LR Grade Details
8Engaging agency for carrying out earth pit resistance measurement checks Details
8Supply of Field Instruments Transmitters Details
8Supply of Mechanical Seal Spares Details
8Supply of Critical Spares for Kosan Carousal at Kanagala Bottling Plant Details
8Modification of LPG Horton Spheres Details
8Annual Contract for Operation and Maintenance of Electrical System Details
8Supply of Digital Portable Hand Held Vibration Meter Details
8Hiring of consolidated HFHSD/ ATF transportation services for a period of 3 years from Hazira plant Details
8Cable trench related maintenance earth works at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8GAIL rises ahead of Q1 numbers. Here's what brokerages say Details
8Govt asks oil firm to expedite Kochi gas project Details
8GAIL Q1 net profit tanks 80 pc to Rs 255.51 cr Details
8BPCL net profit almost doubles to Rs 2,076 cr in Q1 Details
8Higher excise, rebound in volumes to push states' sales tax from petro products by 9 per cent: Report Details
8Daimler reaches deal to settle US diesel emissions claims Details
8U.S. seizes Iranian fuel cargoes for first time: WSJ Details
8Biomethane connected to UK gas network for first time-National Grid Details
8'Massive poisonous shock': Scientists fear lasting impact from Mauritius oil spill Details
8IEA lowers 2020 oil demand forecast citing dismal aviation sector Details
8Oil giants' production cuts come to 1 million bpd as they post massive writedowns Details
8BP says it has no plans to scale down oil and gas in Azerbaijan Details
8Trump administration to roll back curbs on methane from oil, gas operations Details
8Oil prices rise, head for weekly gain amid cautious hopes for fuel demand recovery Details
8Venezuela environment groups say they are barred from joining oil spill cleanup Details
8Russia's Gazprom says H1 gas exports to Europe fell 18 per cent Details
8Grounded ship emptied of oil, but heavy damage for Mauritius Details
You can also click on Newsclips for more   Details
8The gas supply industry is relieved that its biggest client has got a large amount of cash now.
Click on Details for more. Details
Why are engineering companies and EPCM contractors wary of getting into the EPC space?
8The uncertainties are very large, as this engineering major has found out and profits can get killed
Click on Details for more Details
It is a Rs 470 crore product pipeline
8COVID had halted work for a while
8But RFQs are now expected going ahead
Click here for more details. Details
ONGC's CBM ambitions remains intact.
8And it is looking to push ahead
Click on Reports for more Details
ONGC's onland development wells are still lucrative.
8They make money at even current rates in most instances. Details
Get the list of LNG cargoes headed to India as of today
8A new cargo has been fixed for Mundra
8As of now, Shell's Hazira terminal is expecting one cargo for RIL on the 18th, and it looks like a dry run till then, as per our information.
Click on Reports for more Details
IOC seems to have reacted to the strident opposition to revere auction in its EPC tenders
8It was turning to be a battle between the new and old in the downstream business
8Find out more   Details
COVID has hampered work in the KG-DWN-98/2 block
8Even so, ONGC is pushing ahead with its plans to produce more from the block as soon as possible from additional wells.
Click on Details for more Details
Many names are circulating around for the PNGRB chairman's job after DK Saraff leaves office in December.
8Who is going to be the front runner will be difficult to predict as it will eventually be a political decision it seems, even through there will be a formal search committee involved.
8A bureaucrat cannot be ruled out this time, find out why. Details
8What are HPCL's plans for the future?
8Will there be a change of plans because of COVID? Details
Ammonia-V Revamp Project
8Cost - Rs 102 crore
8Project Event: A series of RFQs are out
Click here for more details
Phosphoric acid Expansion Project
8Cost - Rs 130 crore
8Project Event: The purchase of a long lead item is ongoing. Construction has not started yet, and is likely in September 2020, due to lack of labour and transpotation services.
Click here for more details
(Availabel through www.indianfertilizer.com only) Details
Capital approval has just been accorded to the Mozambique LNG project in which the Indian trio of ONGC, BPCL and OIL are heavily invested.
8But the project seems to have run into serious troubles of its own. Details
There is a 1 MMTPA brand new greenfield LNG terminal coming up.
8The cryogenic detailed engineering package has already been awarded
8And there are other fast-moving developments too.
Click on Details for more. Details
8The latest data seems to show that the LNG import curve in 2020 is already ahead of that of 2019
8In July, according to data now shown, imports are significantly higher than the same period last year
8There is an argument that LNG prices will get higher.
Click on Details for more Details
There is a 5 MMTPA brand new greenfield LNG terminal coming up
8The cryogenic detailed engineering package has already been awarded
8And there are other fast-moving developments too.
Click on Details for more. Details
8Running at around 20% capacity, PLL's Kochi terminal is bringing in a cargo after a longish break.
8When is the Kochi Mangalore pipeline going to be ready? It was meant to have been commisisoned in July.
8Also get a full update on how many LNG cargoes are coming and where they are headed Details
For reference purposes the website carries here the following tenders:
8ARC for Diesel Lubricity Additives Details
8Supply of Pipes as per tender Details
8Internal repairs of column DA2102 at HCU-1 during shutdown Details
8Supply, installation and commissioning of soft starter for firefighting motors Details
8Design and commissioning fire sprinkler system at IOCL Lube Blending Plant Details
8Disposal of spent catalyst from CRU, NHGU, MSQ, CCRU at refinery Details
8Supply, Installation and Commissioning of Complete Pump with Motor and Pump Spares Details
8Expression of Interest from existing Distributors attached to LPG Bottling Plant Details
8Rate contract for Construction of Drill site including approach roads at Mehsana Asset for three years 2021-24 Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's weak fuel demand drags on as virus crisis worsens Details
8Preparation on to cap damaged OIL well spewing gas for 78 days Details
8Shell eyes stake in Nayara's $9 bn Indian petchem project: Source Details
8Mukesh Ambani's Reliance Industries breaks into top 100 global companies Details
8Drones and mist cannons help India’s energy sector fight virus Details
8Oil prices bolstered by bigger-than-expected drop in US crude stocks Details
8US crude output drop in 2020 to be steeper than last forecast: EIA Details
8US natural gas output, demand to fall due to coronavirus lockdowns, agency says Details
8Venezuela's PDVSA restarts distillation unit at Amuay refinery: sources Details
8Crude oil futures rise on firm demand Details
8US refiners' biofuel bills soar in oil market slump Details
8Most oil on damaged ship off Mauritius removed, owner says Details
8Venezuela opposition lawmakers open probe of oil spill on Caribbean coast Details
8Turkey wants to resolve energy exploration dispute with Greece through dialogue Details
8Iran plans to boost state coffers by selling oil securities to Iranians Details
8OPEC trims 2020 oil demand, sees doubts about 2021 on virus fallout Details
You can also click on Newsclips for more   Details
Project Name: Pipeline Project
8Project Cost: 115 crores
8Basic design engineering RFQ has been delayed but expected ahead
Click here for more details Details
Phosphoric Acid Expansion Project
8Cost - Rs 1100 crore
8Project Event: Jacobs seems to be missing on targets. Construction is on hold, also commisisonng is to be delayed   Details
 < 1 2 3 4 5 > 

Showing 101–150 of 242 items