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Aug 2021

8Here is a new Rs 1000 crore lube oil base stock project
Click on Reports to know all about it Details
For reference purposes the website carries here the following tenders:
8Standing Rate Contract for Smart Pylons at Retail Outlets Details
8Supply of CNG Dispenser Package for CGD Projects Details
8Supply of Cascades for CGD Projects Details
8Supply, Erection, Testing, Commissioning and Operation & Maintenance of Boiler Package for 2G Bio-ethanol Refinery Project Details
8Sale of Emulsified Crude Details
8Requirement of Impact Assessment of CSR Projects Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petrol price hike: Demand for CNG kits soars amid spike in fuel prices Details
8No change in fuel prices in almost 3 weeks Details
8$300-400 million investment expected in latest oil, gas bid round Details
8Millions of Brits to face energy price hike as global gas prices bite Details
8Gas leak from ONGC pipeline triggers panic in South Tripura Details
8U.S. drillers add oil and gas rigs for fifth week in six -Baker Hughes Details
8Mizoram stares at fuel shortage amid border row, orders rationing Details
8Saudi oil giant Aramco sees half-year earnings climb to $47B Details
8Crude oil price slumps on China travel curbs, strong U.S. dollar Details
8Final phase of Ennore LNG pipeline to be completed by Feb 2022 Details
8Restoration of fuel supply brings relief Details
8Indian shares inch higher as auto stocks gain on upbeat sales data Details
8Saudi Arabia's economy grew 1.5 per cent in Q2, first expansion since pandemic Details
8Quiet decontrol of LPG: 2021-22 to bring the curtain down on budgetary fuel subsidy Details
8Companies scale up capex plans post Q1 boost Details
8Petrol, diesel prices unchanged; here are the prices in your city today Details
8Saudi Aramco reports four-fold rise in Q2 net profit Details
You can also click on Newsclips for more   Details
One cargo each from GSPC and IOCL are expected to be unloaded in the days ahead
8A cargo out of Soyo is unloading for Arcelor Mital Nippon Steel India Ltd. at Hazira
8Meanwhile, LNG prices are at the highest levels for this time of the year in the last eight years
8Usually, Indian buyers are staying away but some technical buying in taking place
Click on Reports for more Details
The latest OALP round is currently on
8Here is all the documentation for it
Click on Reports for more Details
China has not allowed ships with Indian crews to berth in its ports
8There is an "unofficial ban".
Click on Details for this story Details
The biggest demand boost for gas is coming from the fertilizer sector in the months ahead
8Four additional cargoes of LNG are expected to be needed from now till may 2022 Details
Distress pricing in the offshore vessels market has raised concerns among industry watchers.
8In one case the L-bidder, against an ONGC tender, has quoted so low that even in a bad market, others may find it difficult to match that price without staring at losses.
Click on Details for more Details
8Usually LNG shipments are received by a single company. However, Gunvor Int shipped a 152k MT consignment from Bonny and the shipment was split between three companies in Dahej. The receivers were Adani Total, Arcelor Mittal Nippon Steel and HPCL.
8Petronet LNG’s 136k MT cargo coming in from Ras Laffan was offloaded at Dahej 0n 5th August.
8A 145k MT shipment carried by the vessel Pearl LNG has been cancelled. The consignment was expected to arrive at Dahej port on 10th August.
Click on Reports Details
8The NRL managing director S.K. Barua is retiring.
8So who is likely to take his place? Details
The website carries here the daily import matrices for:
8LPG
8Ammonia
8Chemicals
8All tankers imports
8Bulk and dry cargoes
8Port update
Click on Reports for more Details
Three crude oil offloading births (JD-2, JD-3 and JD-4)  are currently vacant in Mumbai.
8A 95k MT shipment was unlaid on birth JD-5 on 2nd August
8An additional 4 shipments are currently expected to arrive in Mumbai for HPCL and HPCL in the coming days.
Click on Reports for more Details
India will not reach its 15% gas use target in its energy mix by 2030
8And the debate over withdrawal of price benefits to priority sector is more complicated than some would suggest.
8Also, India is highly price-sensitive
8Here is a fresh and comprehensive report on the Indian gas sector, full of insights and recommendations on what lies ahead
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Monolithic Insulating Joints Flow Tees Bi Directional Scrapper Trap PSV and quick opening end closure Details
8ARC for procurement of Consumables for Printers Details
8Procurement of Ball Valves Details
8Supply of Vent Recovery Compressor for PP Unit Project Details
8Procurement of Online Sodium Analyser Details
8Procurement of Antifoaming Agent Details
8Procurement of Industrial Hygiene Assessment/ Survey Services Details
8Procurement of Parafin Oil Details
8Procurement of Infrared Thermal Imaging Camera and Infrared Thermometer Details
8Procurement of Evaporator for Chain C, PC-I Nitrogen Plant Details
8Procurement of Milling Machine Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Centre making all efforts to reduce crude oil imports: MoPNG in RS Details
8Chidambaram takes a dig at Modi government over high fuel prices Details
8Biden seeks to boost fuel economy to thwart Trump rollback Details
8Delta outbreak unlikely to derail oil rally this year, UBS says Details
8Gujarat: Natural gas supply goes ‘virtual’ in tribal areas Details
8Quite a good recovery in terms of fuel demand: MK Surana, CMD, HPCL Details
8Govt exercises retro tax ghost; brings bill to withdraw tax demand on Cairn, Vodafone Details
8U.S. oil set for biggest weekly loss since Oct as Delta variant fans demand worries Details
8GAIL first quarter net profit jumps 500 per cent to Rs 1,530 cr Details
8India has not operated any civilian flight on bio-fuel till date: Centre Details
8India HPCL's high sulphur oil imports to rise after refinery upgrade Details
8Assam government approves ethanol production promotion policy Details
You can also click on Newsclips for more   Details
NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore
8Project Event: Environmental clearance has been elicited in February 2021, The company is talking with a different local contractor now, and the final RFQ for the local contractor is likely to be released in October 2021, due to the second wave of Covid.
Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: Public hearing has been completed, the proposal for environmental clearance is likely to be granted in September 2021. RFQ for the EPC contractor is likely to be released in Q3 FY 2021. Details
8Who are top 50 key executives in IOC today?
8Get their names and get in touch with them if you have any business interest with this oil industry giant. Details
There are many in the downstream EPC industry who think that Indian petrochemical expansion boom is over after Panipat and CPCL projects are completed.
8But they may be wrong.
8IOC has big plans ahead right up to 2030, including acquisitions in the chemical and petrochemical industry as it wants to foray deeper into the fine chemicals segment.
8Also, IOC is very ambitious about the LNG business, wants to become the dominant player, with a 40% market share
8And its E&P division is looking for big acquisitions, big and small, in India and abroad. Details
The website carries here daily import matrices for
8LNG
8Fertilizers
8Chemicals
8Crude
8Chemicals
8Ammonia
8LPG
8All tankers
8Bulk and dry cargoes
8Update on ports
Click on Reports for more Details
It looks like BPCL employees are going to get a bad deal when it comes to post retirement benefits, even for those who had opted to stay on.
8Hundreds of employees in Kochi and Mumbai refinery will be adversely impacted as new owners might be unwilling to take on these obligations
Click on Details for more Details
Hydrogen is meant to be an alternative to fossil fuel
8So why is the oil industry backing this fuel?
Click on Details for more Details
The ONGC brass seems worried about ambiguity in the bidding norms for contracts involving services
8And a warning of sorts has been issued down the line
Click on Reports for more Details
Adani Gas Ltd, AGP City Gas Pvt Ltd, Think Gas Distribution, Torrent Gas and Unison Enviro are all facing penalties for non-fulfillment of minimum work programmes in their city gas distribution projects
8These companies are claiming that COVID-19 came in the way but then the issue seems to be more complicated than that
8While COVID extensions are for a limited timeframe, some of these companies have slippages which can go well beyond that period
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Production and Supply of Compressed Bio Gas to Oil Marketing Companies Details
8Fumigation and Disinfection Services at Jubilee Tower Details
8Procurement of Pneumatic Torque Wrench for Meter Prover Details
8Service contract for painting of identification numbers and description on the pipelines and equipments & painting of display boards Details
8AMC for Monitoring and Maintenance of ICMS of Maharashtra Pipeline Network Details
8Annual Maintenance Contract of Golf/ Environment Park Maintenance Details
8Hiring of Software Support and Maintenance Services Details
8Appointement of consultant for preparation of Marine Impact Assessment and Costal Regulation Zone Study report Details
8Expression Of Interest for Comprehensive Operation and Maintenance of Mangala Processing Terminal Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8HPCL Q1 results: Net profit down 36% on lower refinery run Details
8Major fire breaks out at Haldia Petrochemicals plant Details
8Ivory Coast to build 200 MW LNG plant, says energy minister Details
8With global crude fluctuating, OMCs to wait & watch on fuel Details
8Oil drops for third day on concerns COVID-19 variant spread to cut demand Details
8Reliance BP Mobility planning to open retail outlets at fuel stations Details
8Low natural gas prices critical to meet India’s 15 per cent fuel share ambitions: CEEW Details
8Crude oil futures rise on spot demand Details
8Maharashtra State Road Transport Corp plans shift from diesel to LNG Details
8Oil prices rise on Mideast tensions; crude stock build caps gains Details
8HPCL net down 36 pc on lower refinery run Details
8Indian firms plan to invest $27 billion to boost refining capacity by 2025 Details
You can also click on Newsclips for more   Details
Clearly, the Tamil Nadu government does not see eye to eye with the centre over on E&P activities in Tamil Nadu.
8The controversy has escalated after the entire Cauvery delta was declared as an agriculture zone
8There are as many as 307 wells are operational out of which 178 are under production.
8So there are many grey areas now on how to go ahead in this region
Click on Reports for more Details
8Project Name: Shahjahanpur and Budaun Districts City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details. Details
8The feasibility study for a Rs 33,000 GAIL sponsored petrochemical complex has been completed
8But will the complex ever come up. Details
Project Name: Bijnor and Nainital Districts City Gas Distribution.
 8Project Cost: Rs 370 crore
 8Project Description: Hindustan Petroleum Corporation Limited has been granted permission on March 29, 2019, to set up a CGD network in Bijnor and Nainital Districts of Uttar Pradesh and Uttarakhand. The entity won the project under the 10th CGD bidding round. The CGD network will have a coverage area of 8812 sq. km. For an overall timeframe of 10 years, HPCL is expected to provide 300000 piped natural gas connections and 91 CNG Stations. Gas is expected to be drawn from Dadri Bawana Nangal Natural Gas Pipeline
Click here for more details for more of what is ahead with this CGD block. Details
As per our data as of yesterday, LNG cargoes are lined up for three out of six LNG terminals in India.
8Of the three, Mundra only has one cargo that is currently offloading
8The other two terminals are Dahej and Hazira
Click on Reports for more Details
The website carries here the daily import matrices for:
8Crude Oil
8LPG
8Ammonia
8Chemicals
8Daily tanker lineups
8Daily dry and bulk cargo lineups
8Daily port status update
Click on Reports for more Details
Against ONGC's requirement for 1500 tonne Offshore Supply Vessels (OSVs), the lowest bidder was Hind Offshore
8Norwegian built Lady Grace which is Indian flagged was the vessel that was offered by the company
Click on Reports for more Details
Raj Shipping quoted significantly lower than the L-2 competitor against ONGC's requirement of 4 PSVs of 3000 DWT capacity.
8It had offered the Indian flagged 2003-make vessel, the Offshore Monarch, in the bid.
Click on Reports for more for the entire pricing matrix Details
8Three fresh EPC tenders for downstream projects are expected ahead
8Find out who the possible bidders are likely to be Details
At long last, IOCL has a marketing director
8One of the several executive directors who applied for the job was selected
Click on Reports for more Details
Great Eastern Shipping has been able to put one of the two off-contract offshore rigs back on contract
8The second rig will also be placed as it is the lowest bidder against a tender
8Get an update on the offshore rig market directly from the company.
Click on Details for more Details
It looks like Great Eastern Shipping has dragged down the L-1 rate for 80-tonne Anchor Handling Tug Supply (AHTS)
8They were L-1 by a long distance from the L-2 and other rates
8So what ONGC will do now is to ask the others to match the L- rate
8Incidentally, against the requirement of 8 vessels, only seven were shortlisted.
Click on Reports for the day rates quoted by those who put in their bids Details
For reference purposes the website carries here the following tenders:
8ARC for supply of Liquid Nitrogen through road tankers Details
8Two Year Comprehensive AMC of Audio Video System Details
8Supply of Metallic Gaskets Details
8Hiring of Contract Services for Monitoring Contract for Internal Corrosion System Details
8AMC for O&M of Organic Waste Converter Plants Details
8Carrying out T4S Audit of LPG Storage Details
8Carrying out Certification of ERDMP at various GAIL sites Details
8Carrying out T4S Audit of NG Pipelines Details
8Carrying out T4S Audit of LPG Pipelines Details
8Carrying out T4S Audit for CGD Network Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Summit Oil signs pact with Commonwealth LNG for supply to Bangladesh Details
8Fuel prices remain static for 17 consecutive days Details
8Are fugitive Sandesara brothers selling oil to India via UK companies? Details
8Brazil's Petrobras undecided on LPG program Details
8Rahul Gandhi meets opposition leaders over breakfast, rides bicycle to Parliament to protest fuel hike Details
8Blending of biodiesel in diesel is less than 0.1 pc: Centre Details
8BP returns to profit as oil prices recover Details
8Riding the oil price rebound: Gulf states to accelerate asset sales Details
8UK summons Iranian envoy following oil tanker attack Details
8Study suggests stinkweed could make cleaner biojet fuel Details
8Oil drops for third day on concerns COVID-19 variant spread to cut demand Details
8Abu Dhabi National Energy Co nears deal to sell some Canadian assets to Blue Sky Details
8Over 600 CNG stations will be set up in 5 years: Kerala CM P Vijayan Details
8MNGL announces hike in CNG, domestic PNG prices effective 1 August Details
8Maharashtra: MSRTC issues tenders for LNG and wet lease buses Details
8Indian carmakers seek extra year to meet fuel efficiency rules, sources say Details
8Bharat Petroleum elevates VRK Gupta as Chief Financial Officer Details
You can also click on Newsclips for more   Details
Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost - Rs 550 crore
RFQ only after environment clearance. And that is taking time
Urea Expansion Project
8Cost - Rs 52 crore
RFQ delayed by another month
Click on Details for more Details
An Mumbai-based company has bagged the propylene and LPG mounded bullets project for Rs 499 crore for the Gujarat refinery
8It was a three-way fight
Click on Details for more Details
Indian Oil Corporation wants to diversify away from just being a traditional supplier of petrol and diesel to other relevant alternatives.
8Find out which companies responded to a proposal.
Click on Details for more Details
8There was a high price differential between bidders for the crucial EPCM for the overall project management of capacity expansion of the Panipat refinery from 15Mmtpa to 25Mmtpa
8Toyo came last, and its price was almost twice as high as that of the L-1 bidder Details
Looks like EIL had got the pricing wrong for the EPCM for the polypropylene and catalytic dewaxing units for the Panipat refinery
8It came last in the bidding for the contract
8Clearly, the engineering major has high overheads, but it will have to trim down its costs and its pricing to grab consultancy contracts Details
Given that domestic gas prices are so low, both for onland and deepwater fields, is there a proposal to remove the ceiling?
8A lot of pressure has been brought on the government both by ONGC and RIL to take the ceiling off
 Click on Details for more Details
8This public sector oil & gas company has decided to relax the provision surrounding the disclosure of price bid during the techno-commercial stage
8There will not be a outright rejection now
Click on Reports for more Details
There are three mega-sized ethanol projects coming up in Balasore Odisha
8They are all going to be grain-based
8Total investments cleared is a massive Rs 2083 crore
Click on Details for more Details
8The website carries here:
8The daily ammonia import matrix
8The daily LPG import matrix
8The daily chemical import matrix
8Daily tanker (all products) line up report
8Daily bulk and dry cargo line up report
8Daily port update report
Click on Reports for more Details
8Will the recent loss of lives in Mumbai High bring about a revamp in the hiring process for offshore vessels and rigs?
8Perhaps yes.
Click on Details for more. Details
8Project Name: Bareilly (Except area already authorized) District, Pilibhit and Rampur Districts City Gas Distribution.
 8Project Cost: Rs 300 crore
 8Project Description: Hindustan Petroleum Corporation Limited has been granted permission on March 29, 2019, to set up a CGD network in Bareilly (Except area already authorized) District, Pilibhit and Rampur Districts of Uttar Pradesh. The entity won the project under the 10th CGD bidding round. The CGD network will have a coverage area of 9886 sq. km. For an overall timeframe of 8 years, HPCL is expected to provide 145000 piped natural gas connections and lay 1200 inch-km of steel pipe.
Click here for more details for what is next in terms of business development Details
8Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five
 mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel.
8The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and
 in the future, this could grow to 1 GW capacity.
Click on Reports for more Details
8MRPL is expected to receive the 369k MT of crude at their New Mangalore port.
8The shipments are coming in from the following locations:
8Fujairah
8Mina Al Ahmadi
8Corpus Christi
8Ras Lanuf
8Ras Tanura
Click on Reports for more Details
8BPCL’s 140k cbm consignment is expected to arrive on 6th Agust
8On 9th August, a cargo coming from Soyo carried by the vessel Sonagol Benguela is awaited
8A 145k cbm shipment coming in from Ras Laffan is going to arrive on the 15th
8Another 145k cbm shipment is also expected to arrive on 29th August
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Expression of Interest for supply of Compressed Bio Gas under SATAT Details
8Supply of Bio-diesel produced from used Cooking Oil Details
8Supply of Denatured Anhydrous Ethanol to Oil Marketing Companies Details
8Procurement of 1200 SCMH Gas Engine Driven CNG Online Compressor Package Details
8Service Contract for implementation of Leak Detection and Repair Programme Details
8Procurement of Instrumentation Items Details
8Hiring a Contract for support service for Inline Inspection of pipelines under HVJ Pipeline System Details
8Hiring of furnished office accommodation on lease for Chennai Zonal office Details
8Procurement of Safety Equipments Details
8Outsourcing of services for two years Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Essar Oil UK appoints new CEO Details
8Crude oil prices rebound, but fuel demand concerns cap gains Details
8Wabag expands global footprint with oil & gas order worth $165 million in Russia Details
8Reliance slips 59 places on Fortune list, SBI jumps 16 notches Details
8$1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle dispute Details
8IOC may sell some petrol pumps to JV with Petronas Details
8US, Caribbean emerging as new hotspots for crude oil imports by India Details
8Petrol sales top pre-virus level for first time in 17 months, diesel 11% short Details
8Crude oil prices slide on worries over China economy and higher crude output Details
8Oil prices slide on worries over China economy and higher crude output Details
8Chevron, Total in talks with ONGC for upstream projects in India Details
8SAP India bets on internet-led businesses to boost growth in India Details
8Halt in fuel price revision continues, global oil rates above $75/bbl Details
You can also click on Newsclips for more   Details
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