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Aug 2021

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 more
Details
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   Details
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 Details
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 Details
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 Details
This is coal to methanol plant
8When RFQs were floated, one company responded
8Find out who, and what is the status as of now.
Details
8There was a contact out to shoot 1800 LKM of 2D
8Find out who the L-1 bidder was but why an LOI will have to wait Details
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 Details
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 Details
8Project Name: Bhavnagar District City Gas Distribution
8Project Cost: Rs 400 croreClick here for more details on business prospects ahead. Details
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 Details
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 Details
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 Details
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 Project Details
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 suit Details
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 more   Details
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. Details
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 Details
8More CGD entities are coming up for bidding
Click on Reports for more Details
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 Details
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
8Project Name: Jalore and Sirohi Districts City Gas Distribution
8Project Cost: Rs 300 Crore
Click here for more details on what is ahead
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 Details
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. Details
For reference purposes the website carries here the following tenders:
8Product Pipelines Works and Associated Civil Works Details
8Carrying out Roller Repair Jobs Details
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 Pipes Details
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: Report Details
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 more   Details
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  Details
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 Details
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 Details
8SCI's loss of business will be the gain of others.
8Find out who else can take away this business from SCI Details
8Shipping Corporation of India (SCI) is likely to lose Rs 500 crore worth of business and more from ONGC
Find out how that is so. Details
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 Details
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 Details
Infusion of hydrogen into CGD network
8Pilot project is on
Click on Reports for more Details
8Former ONGC director of Technology and Field services has joined up a private sector oil & gas company.
Know more click on Reports. Details
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 Details
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 Zone Details
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 fields Details
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 more   Details
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 Details
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 Details
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 Details
8Project Name: Anand District (except areas already authorized) City Gas Distribution
8Project Cost: Rs 200 croreClick here for more details. Details
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 Details
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 details Details
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 Details
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 Details
Details
8Get an update on ONGC’s tender for hiring of four jack-up rigs here
8Find out how many companies have shown interest Details
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 more
Details
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 Details
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 more
Details
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