A clear winner for the purchase of rotary steerable systems and mud engineering against a tender by an E&P major was Halliburton in this case 8But find out why it will however not end up winning the tender, and instead the LOI will go the L-2 biller Click on Details for moreDetails
The industrial cluster of Morbi is facing a massive hike in gas prices 8And companies in the cluster claim that the price rise will hit their margins badly as a COVID hit market would mean that they may not be able to pass on the price rise entirely to end consumers. Find out by how much is the supplier planning to raise prices.Details
8Inspection of ships in India: Get a full overview here 8Tellurian LNG terminal: Progressing quickly. Click on Reports for more 8Hydrogen trading: High enough for launch of a pricing index. Click on Reports for more 8Gujarat Pipavav Port: Know why the expat MD is concerned. Click on Reports for more 8New guidelines on setting up retail outlets. Click on Reports for more 8Niti Aayog: An full insight into what it has been up to. Click on Reports for more 8Get a weekly synopsis on ship freight rates. Click on Reports for more 8Get a full synopsis of the Indian fertilizer industry. Click on Reports for more 8An oil pipeline repair robot that can repair when pipeline flows continue is looking for a partership Click on Reports for more
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On Petronet LNG Ltd, know the following 8Capacity addition up to Fy24 8Year wise capex for the next three years 8How many LNG stations are to be set up and what is the capex per station 8What is the spot vs. long term price differential now 8Tank tender has been awarded 8What is the capacity utilization at Dahej in July 8When is the long term Qatar Gas deal ending, and what is next with it Click on Reports for more
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Get the latest looking-ahead import data for 8LPG 8Ammonia 8Ports update and crew change 8Tanker imports 8Bulk and dry cargoes Click on Reports for more
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8The prices for gas are not looking good at all for India 8It is bad right through 2022, going down only around mid-2023 Click on Details for more
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8As of today, Shell's LNG terminal has four cargoes of GAIL one for RIL coming up ahead Click on Reports for daily looking-ahead data on LNG imports
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Nayara Energy’s 140k MT crude shipment cancelled 8A 140k MT crude shipment has been cancelled. The consignment carried by the vessel Nordic Sprinter was expected to arrive at Vadinaar on 19th August to be received by Nayara Energy has Click on Reports for more
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8Adopting the wrong business model can be costly for a bulk gas buyer in a competitive market 8Its bulk LNG cargo purchases have come down to a trickle, in fact, none, now that prices have shot up
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Motihari POL Terminal Cum LPG Bottling Plant Expansion Project : - Indian Oil Corporation Limited (IOCL) along with Projects & Development India Pvt. Ltd. (PDIL) as EPCM contractor is building a POL Terminal and an LPG Bottling plant, Pipeline Delivery/Pumping Station, Pigging facilities and other associated facilities at Chhapra Bahas on Motihari – Raxaul Road. 8Commissioning is going to be delayed
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Who says the fertilizer sector does not have enough projects? There are projects, big and small, on the horizon Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 crore 8Project Event: The company had hired Casale as the technology licensor and the company has received environmental clearance in September 2018. RFQ for the EPCM contractor is likely to be released in September in place of August 2021 due to the impact of the second wave of Covid. Ammonium Nitrate and Nitric Acid Greenfield Project 8Cost - Rs 1375 crore 8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited in October 2021. RFQ for the LSTK contractor is likely to be released in Q3 FY 2021.Details
Here is this company that decided to junk one gas supplier for a more reliable one. 8And it is a big customer with a consumption of 2.4 mmscmd of gas. Click on Details for more
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For reference purposes the website carries here the following tenders: 8EOI for Renovation & Vertical Extension of Admin Building in OB MPT at Barmer, Rajasthan Details 8EPCM Consultancy Services for 500 KTA PDH-PP ProjectDetails 8Providing Manpower Outsourcing Services Details 8Carrying out housekeeping services at GAIL Details 8Review of Lightning Protection in line at Pipeline Installations Details 8Procurement of Assorted Valves Details 8Hiring of Fire Tender Services with DCPO and Firemen Details 8Monthly Basis Cab and Taxi Hiring Services Details 8Painting of petroleum product pipeline not-petroleum product pipeline and other facilities Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India starts selling oil from strategic reserves after policy shift Details 8Bharat Petroleum Corporation scoops up U.S. oil as demand rebounds Details 8Sitharaman's statement on servicing oil bonds 'astonishing': Chidambaram Details 8Petrol price: A month on, fuel prices still at an all-time high in Bihar Details 8India asks US court to reject Cairn Energy's $1.2 billion suitDetails 8Nirmala Sitharaman says rules on retro tax to be framed soon Details 8Oil edges lower as spread of Delta variant clouds prospects for demand Details 8Australia faces "precarious" gas supply in 2022, watchdog warns Details 8No change in petrol and diesel prices for 31st day straight Details 8Oil bond dues: The rationale behind not reducing your fuel bill Details 8No proposal to cut petrol prices in state: Karnataka CM Details 8BHP to sell oil and gas business to Woodside Details 8Biden admin appeals federal court decision to block oil, gas leasing pause Details 8BHP reports best profit in nearly a decade, pivots portfolio Details You can also click on Newsclips for moreDetails
The website carries here the following import matrices 8Weekly fertilizer import data 8Daily fertilizer import data 8Daily crude import data 8Daily LNG import data 8Daily LPG import data 8Daily Chemical import data 8Daily ammonia import data 8Daily all tanker import data 8Daily bulk and dry cargo data 8Daily port update data Click on Reports for more.
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There is concern in ONGC over the delay in gas production from the KG-DWN-98/2 block. 8What are the new milestones for gas production? 8Also, the executive director in charge of the block has changed, instead of the hands-on style of the former ED Arvind J Morbale the style of the present incumbent Adesh Kumar is different, often brass. That is slowing things down too, it is reliably learned Click on Details for more
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A producing field that was lying utilized for over 10 years and it has finally started working 8The field has a long history, but the point to note is that work has begun 8Expect more business from it going ahead
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Ammonia-Urea & Captive Power Unit Greenfield Project 8Cost - Rs 7000 crore 8Project Event: All the project activities are still on hold due to second wave COVID, the project is likely to be activated in Q3 2021. The project authorities when spoken to claim that they are very keen on the project Single Super Phosphate Expansion Project 8Cost - Rs 35 crore 8Project Event: The procurement work Valve, Pumps, and Drum has been completed, the installation of Valve has been completed, pre-commissioning is ongoing and commissioning is likely to be completed in September 2021.Details
8What is the latest update on the Nagapattinam greenfield EPCM selection? 8The EPCM consultant had been selected but the LOIs are getting delayed. Click on Details for more
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8ONGC's decision not to cancel the price bids of bidders who peremptorily disclose their price bids was based on an incident involving an offshore vessel bid Click on Details to know the background.
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For reference purposes the website carries here the following tenders: 8Product Pipelines Works and Associated Civil Works Details 8Carrying out Roller Repair JobsDetails 8Manufacture and supply of 20 ltr round PPCP Pails to HPCL kolkata terminals Details 8Standing Rate Contract for Fabrication and supply of lift assisted mild steel fabricated manhole covers Details 8Transportation of packed bitumen in containers by rake through rail, road from Bitumen Filling Plants at Parwada and Pedgantyada Details 8Hiring of Operational Assistance services for KLL LNG Terminal Details 8Supply of PipesDetails 8Supply, Installation, Testing & Commissioning of Environment Friendly Inert Gas based Clean Agent Fire Suppression System Details 8Hiring of Deep Cleaning and Professional Sanitization Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Petrol, diesel prices complete a month without any revision Details 8U.S. Gulf of Mexico oil producers consolidation accelerates Details 8Aramco in advanced talks on up to $25 billion Reliance deal: ReportDetails 8Odisha: Indian Oil to train prison inmates in select sports Details 8Fuel demand recovery continues in August, diesel sales 8 per cent less than pre-Covid level Details 8India's Petronet aims to extend long-term LNG buy deal with Qatar Details 8U.S. Treasury to oppose development bank financing for most fossil fuel projects Details 8Have to repay oil bonds, can’t cut excise duty on fuel: FM Details 8Diesel sales 8% less than pre-Covid levels Details 8Karnataka: CM Basavaraj Bommai under pressure to cut fuel tax after Tamil Nadu’s move Details You can also click on Newsclips for moreDetails
Here is a small E&P company with small producing fields 8The work is set, and profits come easy, though the pandemic has hit margins but they will recover quickly. 8Clearly, behind every discovered bid price, this is the kind of company that investors look at as an example, hoping to replicate its success. 8Because if you really hit a coal mine, as some would surely do, it can provide many years of steady income and profits. Click on Reports for more
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These are timelines given by the IEA to achieve emission control targets 82021: ban on further developing new oil and gas fields, opening new coal mines, expanding existing coal mines, authorizing the construction of new coal-fired power stations; 82025: ban on the further sale of fossil fuel boilers; 82030: abandonment of coal in "advanced" economies; install 1,020 GW of solar and wind power each year; reach 60 per cent of electric vehicles in new car sales; achieve carbon neutrality for all new buildings 82035: 100 per cent zero-emission electricity production in all "advanced" economies; end of the sale of cars with internal combustion engines; 50 per cent of new trucks are electric 82040: worldwide, closure of all coal- and oil-fired power stations; achieve totally zero-net-emission electricity production; in aviation, achieve 50 per cent low-emission fuels 82045: 50 per cent of heat needs are met by heat pumps 82050: reach 70 per cent of electricity from solar and wind power; 85 per cent of buildings are adapted to zero-carbon; over 90 per cent of heavy industrial production (cement, steel, petrochemicals) is low-emission. Impossible as these timelines may be, there is now increasing criticism of these timelines as well Click on Reports for more
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8HOEC has lost an appeal against an arbitral award passed in favour of Hardy Oil but the company is looking at other legal recourse 8Site grading work for a COT is coming up, the capacity of the COT will be 8 MMTPA 8Hitech Engineering Services: Working under a constrained environment Latest daily import data 8Crude 8LNG 8Fertilizers 8Chemicals 8LPG & Ammonia Click on Reports for more
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8Despite the fact that L&T has had a dry run, find out why the company believes that the oil & gas segment can provide good business Click on Reports for more
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Gas penetration in the Indian economy will remain a complex affair 8And targets are not likely to be achieved, according to a new and exhaustive report Click on Reports for more
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The total demand under arbitration by the government of India as of now stands at 30,000 crore from the consortium of BG, RIL and ONGC 8But the amount is likely to balloon to much more 8Pre-emptive steps are being taken by the operators to fight against paying up but will they suceed? Click on Details for more
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For reference purposes the website carries here the following tenders: 8Supply of Check Valves & Butterfly Valves Details 8Pre-fabricated Canopies at Retail Outlets under South Cenral ZoneDetails 8Hiring of Direct Marketing Agency and Meter Reading Agency for UP and UK Clusters GAl Details 8Transportation of Bulk POL products MS HSD and branded fuels Details 8Transportation of packed bitumen in containers by rake through Rail, Road from Bitumen Filling Plants at Parwada and Pedgantyada Details 8Supply of Gas Chromatographs Details 8A-frame survey of Numaligarh-Siliguri Product Pipeline and Main Crude Pipeline Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8For many, hydrogen is the fuel of the future. New research raises doubts Details 8L&T arm bags oxidation reactor order from Technip Energies Details 8Nayara Energy raises Rs 2,285 crore from domestic market through NCDs Details 8No decision on stake sale in Petronet, Indraprastha Gas yet: BPCL Details 8Drumbeat grows louder for BHP to exit petroleum Details 8Study says 'blue hydrogen' likely bad for climate Details 8Exxon, Chevron look to make renewable fuels without costly refinery upgrades -sources Details 8Oil slips but set for weekly gain despite forecast for weaker demandDetails 8Vedanta gets nod to begin oil and gas exploration in Banaskantha Details 8India, Russia discuss expanding cooperation in energy sector Details 8Nitin Gadkari asks states to shift from 'harmful' diesel buses to alternative fuel Details 8ONGC logs multi-fold rise in first quarter net profit at Rs 4,335 cr Details 8Poll promise: TN govt cuts Rs.3 tax on petrol Details 8More Ujjwala beneficiaries in opposition bastions of Azamgarh & Rae Bareli than PM Modi’s Kashi in UP Details 8Upstream regulator DGH overhauls approval processes for oil, gas fieldsDetails 8Crude oil price falls as Delta surge clouds fuel demand outlook Details 8IOC to reward 2,250 Class-10 topper girls from all state, central boards Details 8BHP in talks to sell petroleum business to Australia's Woodside Details You can also click on Newsclips for moreDetails
IGX has drummed up a lot of static about an increase in activity in its exchange. 8And it is also trying to organize some webinars. 8GSPC has joined in as a member as well. 8But eventually, in a country with large monopoly sellers, it will take a long time before the exchange has any reasonable traction. Click on Reports for more
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Spot LNG prices are now more expensive than fuel oil 8The point to note is that this difference is likely to stay on for some time. 8For India, this will have implications, as dual fuel furnaces may end up using more FO. 8Also, industrial use of gas will be that much more difficult unless strict pollution control orders are instituted for wholesale conversion of industrial hubs, as was done in the case of Morbi, to gas Click on Reports for more
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Rs 466 crore Vizag greenfield POL terminal has been hit by COVID as has been the case with similar projects elsewhere. 8Commissioning has been delayed 8EPCM in this case is PDIL Click on Details for more
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The CGD industry will face challenges going ahead. 8There is of course the threat of electric vehicles 8Then again, there is going to be a sharp enough increase in APM gas prices 8Yet existing CGD companies are bullish of the future, for during the lockdown, even as volumes plunged profits have stayed firm 8Mobile CNG dispensation stations are the new flavor of the season. Click on Reports to find out more
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8Project Name:Panchmahal District City Gas Distribution 8Project Cost: Rs 300 crore 8Project Description: Gujarat Gas Limited, has been granted permission on July 7, 2016, has set up a CGD network in Panchmahal district of Gujarat. The entity won the project under the 6th CGD bidding round. The CGD network has a coverage area of 3304 sq. km. For an overall timeframe of 5 years, GGL is expected to provide 15191 piped natural gas connections and lay 1189 inch-km of steel pipeline. Gas is being drawn from GSPL's Jamnagar- Darod- Koyali High Pressure Pipeline Network Pipeline through a spur line to Halol. RFQ for supply of Brass Ball Valve & Ball Cock was floated by Gujarat Gas Limited with closing date August 20 2021Click here for more detailsDetails
Oil & gas conferences are back, some in real mode, and some in hybrid mode. 8Find out which are the major ones lined up 8There can be lots of takeaways from these conferences Click on Details for more.Details
Atlantic Gulf and Pacific (AG&P) out of Singapore has good pedigree in India. 8It has ambitious plans 8But it seems to be faltering going ahead Click on Details
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Here are two updates on the fertilizer project side 8One is a Rs 100 crore sulphuric acid expansion, where commissioning is likely next month 8Then there is an SSP greenfield project where the RDQ is expected to be released by September instead of August was planned Click on Details for more.Details
Tellurian is talking all key stakeholders in India for deals to supply gas to India 8However the pricing model is different from what we said it would be, the company has clarified Click on DetailsDetails
The emission reduction bug has finally bit ONGC 8It is now looking at first figuring out what its carbon footprint is, and then go about systematically reducing it Click on Reports for moreDetails
A new study has damaged the global prospects of using more gas as an industrial fuel 8The research is carried here, and it can be a setback for a country like India, which is depending on a massive infusion of gas into the economy in the years ahead Click on Reports for more
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Crude imports 8CPCL to unload a shipment of Arab Mix Crude at their Chennai port today 8The consignment totalling 136k MT of Arab MIx Crude, coming from Ras Tanura, arrived in Chennai today and is expected to offload soon. LPG imports 843k MT of LPG getting unloaded today 8IOCL’s 18k MT propane/butane cargo coming from Ras Tanura arrived at Kandla on 12th August and is expected to offload today. 8A 25k MT LPG shipment coming from UAE arrived at Haldia today and is expected to unload and be received by HPCL. Also, find the daily reports on 8Chemical imports 8Tanker imports 8Dry bulk imports 8Ammonia imports 8Port updates Click on Reports for moreDetails