8The PNGRB is likely to finalize rules for new players in the geographical areas, where marketing exclusivity has ended. 8New players are expected to enter into high-margin CNG segment compared to PNG industrial. 8This particular CGD company may face headwinds going ahead Click on Reports for moreDetails
For reference purposes the website carries here the following tenders: 8Procurement of HV Panel for Barmer Palanpur Pipeline Project Details 8Laying and Construction of Steel Pipeline and Associated FacilitiesDetails 8Supply of 3/8 encapsulated Control Line & Accessories to ONGC, Ahmedabad Asset Details 8Design and Maintenance of portal for Opportunities in Oil and Gas Sector Details 8Supply of Mechanical Seal Spares Details 8Supply of Spares of MAB Motor at refinery Details 8Modification of Centrifugal Pumps Details 8Supply of Tube Bundle to refinery Details 8Procurement of 600 Kg DWPE Bio for ETP Details 8Procurement of 8000 kg of additive Dihydrotalcite for PP Unit Details 8Bassein & Satellite Shore Base (BSSB) Management Contract Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8CBI raids oil firm over Rs 938 crore ‘loan scam’ in Madhya Pradesh Details 8No DBT for cylinders to 31 lakh women due to banking issues; 7.5 cr benefit Details 8Petrol prices increase for 5th consecutive day Details 8GAIL's weaker EBIT highlights US LNG price risks: FitchDetails 8Fitch Ratings says weak oil refining margins to put pressure on fuel retailers Details 8India, Nepal to expand energy cooperation, explore new pipeline Details 8Demand squeeze in India reduced OPEC share in oil imports Details 8Innovation: Scientists derive biofuel from algae to boost India’s clean energy efforts Details 8Brazil's Petrobras puts another small refinery and 26 oilfields on the block Details 8Convert sugar factories into bio-energy hubs: Food Secy Details 8Oil prices mixed on storm-driven output cuts, rising COVID-19 cases Details 8COLUMN-Surge in spot Asian LNG prices looks good on paper, but deceives: Russell Details 8Explosion at gas pipeline leads to blackout in Syria, says energy minister Details 8Crude oil futures rise on spot demand Details 8Middle East Crude-Benchmarks weaken as trading slowed Details 8Opinion: Hedge funds shift focus from crude to fuels: Kemp Details 8Covid sparks oil industry's shift towards lower growth, consolidation: Moody's Details You can also click on Newsclips for moreDetails
8There is expectation that an aggressive EPCM bid for CPCL-IOC's 9 MMTA greenfield refinery at Nagapatinam from a home grown company will upset the applecart. 8But those expectations may get belied.Details
8MRPL's EPCM bid for the Continuous Catalyst Regeneration-1 project was won by an aggressive domestic company. 8Find out what was the L-1 price Click on Details for more Details
Morbi is India's largest tile manufacturing hub and at full capacity its gas consumption is over 7 mmscmd. 8Tiles are the basic building block of an economy, they are used in every construction activity. 8We did a survey of Morbi, on how its 800 odd factories are doing in a post-COVID world, and the findings are a surprise.
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Process Air Compressor Greenfield Project 8Cost - Rs 347 crore 8Project Event: The project was on hold due to some technical issues but was to have been activated in June 2020 but due to reasons like the lockdown, the contractor selection process for an LSTK contractor is going slow. Contractor finalization has now been pushed to end September. Three bidders in the race.Details
Ammonia-Urea Energy Saving Project 8Cost - Rs 250 crore 8Project Event: Feasibility studies are ongoing, RFQ for the process licensor as well as LSTK contractor is likely to be released in September 2020 , this was meant to have been done earlier but was put off due to COVID-19.Details
8Green hydrogen will be at par with "gray" hydrogen as early as 2030 8And this will bring about an unprecedented revolution Click on Reports for more
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Ammonia Storage Tank Greenfield Project 8Cost - Rs 100 crore 8Project Event: The tender has been out for an LSTK contractor for design, engineering, procurement, fabrication, supply, transportation, handling, erection, testing and commissioning of an ammonia storage tank with associated facility. the bid due date has been extended from 18 August to 1 September 2020. Click here for more details Phosphoric acid Expansion Project 8Cost - Rs 50 crore 8Project Event: The proposal for the term of references has been accepted and the discussion is ongoing for a contractor. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in September in place of August 2020, due too COVID-19. Click here for more details (Available through www.indianfertilizer.com)
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Assuming a landed price of gas of aroud Rs 700/mmbtu, the cost of power for a gas-based power plant was arrived at Rs 5.27/Kwh. 8But capital structures for power plants differ, so the price could be different for other gas based plants at the same gas price. 8At current LNG prices, gas power will be cheaper, and may well figure consistently in the merit order system. Click on Reports for more.Details
New IMO regulations and increasing volatility has stymied the growth of the Indian shipping industry. 8The fleet size of the Indian Shipping industry is 19.38 mn dwt with a fleet of 1,405 ships. Of this, tankers accounted for the highest share at 54.5% followed by dry bulk vessels at 18.1% and containership at 5.1%. 8As the industry evolves, assessing the strenghths and weaknesses of the Indian shipping industry has become a more complicated exercise. Click on Reports for more. Details
It is a Rs 350 crore product pipeline. 8The HDD drilling contract has been selected. 8RFQs for pipelines and pumps expected in November. Click here for more detailsDetails
Megha Engineering & Infrastructure Ltd is a company to watch for downstream EPC players. The company is already a formidable presence in the E&P segment and it has of late begun bidding in the downstream sector. 8Megha is a young company, founded in 2006 by PP Reddy. 8A farmer's son, Reddy is an intrepid entrepreneur and he seems to be breaking new barriers every time. Click on Reports for more.Details
8In a low priced environment, is Cairn India trying to convert some of its gas output from its Barmer field into power? Click on Report for more.Details
For reference purposes the website carries here the following tenders: 8EOI for hiring of Integrated CTU-HF Services Details 8Supply of Conventional Gas Lift MandrelsDetails 8Appointment of Automotive, Industrial and Rural Lube Distributors for locations in Southern India Details 8Procurement of Trolley Mounted Breathing Apparatus- TBA set with Cylinder Details 8Catalyst replacement jobs during shutdown at refinery Details 8Surge Analysis of Crude oil receipt system Details 8Non Comprehensive Annual Maintenance Contract for Tank Farm and MSQ Plant CCTV System Details 8Procurement of Digital Ultrasonic Thickness Gauges Details 8Allied Mechanical Works for Installation of new Carousel at LPG Bottling Plant Details 8Supply and Installation of New Deluge Valves in Fire sprinkler system Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India, Nepal hold JWG meeting, discuss new pipelines for petroleum products Details 8Oil India Q1 results: Net loss at Rs 249 crore, turnover drops 46 per cent Details 8Saudi Aramco continues to explore its India investment plan Details 8ONGC shuts 2 rigs after spurt in Covid cases Details 8Covid effect: Karnataka sees sharp decline in fuel consumption in July Details 8India to see natural gas share rise to 10 per cent by 2025: GAIL director Details 8OPEC's share of Indian oil imports drops to at least 14-yr low Details 8Exxon limits Guyana crude output due to more gas injection issues Details 8Petronet CEO gets 27% salary raise in FY20; Search launched for new chief Details 8Turkey expects big drop in natural gas imports after Black Sea find Details 8US Oil firms evacuate staff, curb offshore production ahead of twin storms Details 8Lower German June gas imports drag down H1 total, prices fall Details 8Draft EU methane strategy shies away from binding emissions standards Details You can also click on Newsclips for moreDetails
As of last Friday, the following companies have imported LNG cargoes lined up for offlaoding in Indian LNG terminals: 8Petronet LNG 8IOCL 8GSPC 8Arecelor Mittal Nippon Steel India Ltd 8RIL 8GSFC Get full details on their shipments here Click on ReportsDetails
8ONGC is learning quickly how to deal with COVID-19 when it breaks in offshore installations in a proactive manner. 8The manner in which it dealt with the outbreak in an offshore process platform is an example.Details
There is a points man in the petroleum ministry who is pushing LNG stations across India 8He is armed with solid economics on why LNG is a superior fuel for long distance transport. 8He also seems to be a man in a hurry.Details
It looks like OIL's effort to kill the flareup at Baghjan has dramatically failed after so many weeks of effort. 8It is a scathing indictment of the incompetence of the OIL management. Clearly, it does not have enough technical experience at hand. And depending upon a bunch of experts from one foreign firm is not enough, it shoudl tap more resources. 8The fallback that the company is looking at now is a relief well Click on Reports for more
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What is the last update on the India Gas Exchange? 8How many deals have been done so far? 8What is the differential between buying and selling price? 8And what is coming up ahead? Click on Details for more
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For reference purposes the website carries here the following tenders: 8Rate Contract of Pressure Gauges for two years Details 8Rate Contract for Testing of Pressure Vessels, HOTs Cranes and various statutory testingDetails 8Disposal of unserviceable assets automatic cut torn bagging machine and sweeping machine from Polymer Terminal Details 8Transportation of Indane LPG Cylinders in vertical position on unit rate basis Ex-Gopanari Bottling Plant Details 8Calibration skid for electromagnetic water flow meter Details 8Procurement of Foam Trolley and High Expansion Foam Generator Details 8Engagement of Internal Auditors for Financial Year 2020 2021 for Konkan LNG Limited Details 8Hiring of services for acquisition of 2D seismic data through outsourcing in following areas of A&AA Basin Details 8Supply, Installation, Training, Commissioning, Allied Works and Annual Maintenance Contract of Main Instruments & Accessories for Laboratory Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8LPG pilferage racket busted in UP; agencies’ staff among 31 arrested Details 8Indian Oil to fully restart Paradip refinery by Saturday Details 8GAIL sees gas sales returning to pre-COVID-19 levels by quarter endDetails 8India's crude imports fall to lowest in over a decade in July Details 8Wipro implements blockchain platform for energy sector with Uniper Details 8Indian Oil Corp depot at Ambala cantonment to be shifted to Una: Haryana minister Vij Details 8Saudi Arabia's Public Investment Fund looks to invest up to $1 billion in Jio's fibre assets Details 8Premier Oil lays out plan to extend debt facilities, posts H1 loss Details 8Indonesia mulls palm oil levies increase to support biodiesel plans Details 8Polish gas firm PGNiG to keep paying dividends after record results Details 8Ethanol price paid by oil companies to sugar mills may be hiked Details 8OPEC+ needs to fix daily oversupply of more than 2 mn barrels Details 8Mauritius starts to scuttle Japanese oil-spill vessel Details 8Gazprom Neft profit slumps 80 per cent in Q2, pledges dividend later this year Details You can also click on Newsclips for moreDetails
Project Name: Greenfield 2G Bio-Ethanol Refinery Project 8It was hit by COVID 8Licensor and EPCM selected 8When are RFQs expected now? Click here for more detailsDetails
Given India's well developed offshore market, helicopter transportation is the key mode of transfer of oil & gas personnel to offshore sites. 8But what really is the protocol for such transportation, particularly during COVID? 8Do we have adequate safeguards in place? 8Is there a comprehensive best practices code?
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Petronet LNG is essentially an LNG tolling company, with no real role in the direct marketing of LNG. 8It is however setting up a string of LNG stations 8But more that, it is also trying to find other ways of reaching the end customer. Click on Details for more
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The RIL-BP gas production from the D-6 field has got delayed as contractors failed to deliver well completion equipment due to COVID. 8The gas was meant to flow in April, the date has been postponed, first to the end of the year, and not, officially, the timeline has been pegged to the second half, 2020. 8When exactly is the gas hitting the market?
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8The state of the economy is best reflected in its energy consumption parameters. 8And July data seems to rove that we could well be in a low equilibrium trap going head Find out why that is so
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BPCL has a big line-up of projects. 8The company has done the internal work and they are being undertaken because the IRRs are attractive. 8Even if owners change, these projects are likely to be pursued Click on Reports for more.Details
8Great Eastern Shipping admits that the offshore vessel and rig business has become very challenging. 8But find out more on the principles on which it continues to generate positive margins while others struggle. Click on Reports for more.Details
LNG imports in July are higher than in the same month last year 8And prices are significantly lower 8Not just that, gas consumption, both domestic and imported, has held up firmly against all odds 8And buyers have reaped a bonanza in terms of lower prices
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8Some government related businesses have begun returning performance bank guarantees of bank guarantees in proportionate to the work completed. 8Given difficult times, and complaints by many contractors of a liquidity crunch, should the oil & gas sector follow the same principle? Click on Details for more
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Distinct seller side improvements have been noticed of late in LNG 8Price are firming up 8And the short term marginal cost curve for liquefaction terminals are showing more terminals making money than those which are not. Get a cost-wise segmentation of the LNG cost for all global terminals in terms of net cost, upstream opex, LNG production opex, transportation opex and SG&A opex 8On the buyer side this can be bad news
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For reference purposes the website carries here the following tenders: 8Condition monitoring testing of critical electrical equipments Details 8Supply of Eccentric Plug Control ValvesDetails 8Contract for Security and Allied Services Details 8Transportation of Indane LPG Cylinders in vertical position on unit rate basis Ex North Guwahati LPG Bottling Plant Details 8Procurement of Valves and MOV Details 8Contract for Supply, Installation, Commissioning & Testing of Hot Water Generator Details 8Hiring of Annual Rate Contract Services for Refilling and Hydrotest of Extinguishers and Cylinders Details 8Hiring of service contract for monitoring and maintenance of pipelines and SV station Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8IOC nears first deal to export fuels to Mauritius -sources Details 8Asia to import record LPG in 2020 as pandemic boosts demand for protective gear, cooking Details 8Maharashtra: MNGL’s green fuel project a hit in city Details 8Attempt to kill blowout in Baghjan oil well aborted by OIL Details 8HC directs Centre, Assam govt, OIL to file replies on PIL over drilling wells inside national parkDetails 8Occidental-backed company will build new US CO2 removal plant Details 8Italy's Snam eyes investments in Indian gas pipelines Details 8Russia's oil and gas condensate output up to 9.78 mln bpd Aug 1-18: sources Details 8Egypt brings online new crude pipeline at al-Hamra port Details 8US eyes October deadline to end exemptions on Venezuela oil sanctions: sources Details 8OPEC singles out laggards over oil production cuts Details 8Saudi Arabia, Russia insist oil production cuts be respected Details 8US weighs more sanctions on Venezuela to halt fuel deals: Bloomberg Details 8OPEC+ meets to review compliance with oil cuts Details 8Saudi Arabia's SABIC picks banks for dollar bond Details 8Oil eases on demand risks, US stockpile data Details 8US crude stockpiles fall even as imports jump: EIA Details You can also click on Newsclips for moreDetails
Greenfield Natural Gas Pipeline 8Project Cost: Rs 1700 crore 8What is going to happen ahead: COIVD had forced the PMC to hold up RFQs. Requirement for pumps and mainline pipes is coming up in September. Click here for more detailsDetails
DAP/NPK Greenfield Project 8Cost - Rs 300 crore 8Project Event: RFQ for the EPC contractor is likely to be released in October in place of September 2020. Click here for more details GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project 8Cost - Rs 48 crore 8Project Event: Here again, RFQ for the EPC contractor is likely to be released in October 2020 instaed of September. Click here for more details (These links you can only access through www.indianfertilizer.com)Details
8If you want to keep a check on how COVID-19 is working its way through the Indian economy, ou do not need to go any further than here. Click on Reports for more
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Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: 80% physical work has been completed, RFQ for the road works has come out out and bid due date is 28 August 2020. All the long lead items have reached at the site, the project is likely to be completed in May in place of February 2021 duel to COVID-19. Once this plant is commissioned, another LNG cargo will added to India imports every month, because it will consume a standard 2.4 msmcmd of gas at full capacity Click here for more detailsDetails
LPG bottling plants will always be built in India 8Here is a Rs 200 crore plant coming up in the Prime Minister's constituency. 8And anything remotely connected with the PM has to be on the fast track but then the virus has an inimitable way of getting in between Click on Details for more
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What are GAIL's plans for the next six months? 8Overall marketing margins were negative as of now 8But outlook is brighter, going head Click on Reports for more
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A new breed of companies are now getting into refinery and petrochemical projects 8This is evident when technical bid submission was done today for one such unit Find out moreDetails
The exploration business is in a bad way. 8But there are two schools of thought: one says it is the end of the road for exploration, the other says it is not as bad as is made out to be. Click on Reports for more
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