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Aug 2021

8Looks like OIL is making progress with drilling at two locations in a Karbi Anglong block in India's North East
Click on Reports for more Details
India's ambitions for oil and gas are clearly out of tune with climate change projections.
8If the world was to keep temperature rise at 1.5 degree centigrade, oil and gas production from India's sedimentary basins will have to drop sharply.
8While these projections may appear laughable at this moment, long term planners in oil companies must keep them in mind.
8For, there is no guarantee that the situation will not come to such a pass that eventually governments will not succumb to climate change pressures.
8That India may find an escape route while other countries will have to fall in line with climate change targets, like arguing on the lines of proportionality in terms of average per capita consumption or production, maybe nothing but wishful thinking.
Click on Details for more. Details
The monetization of gas and crude pipelines proposed by the government makes economic sense.
8Globally, this is the format that is followed, with asset incomes guaranteed by offtake agreements.
8A huge private equity interest is expected, as the post-tax return provided by these assets are much higher than the cost of money.
8There is of course the exchange rate fluctuations that will have to be taken into account
Click on Details for more Details
8BPCL’s 23k MT shipment coming from UAE carried by the vessel BW LEO is expected to offload today.
8Another 23k MT cargo coming from UAE carried by the vessel Tenacity IV is also expected to unload today and be received by IOCL.
Click on Reports for more Details
Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: The internal discussion is still ongoing as well as studies on the technical specification, RFQ for the LSTK contractor is likely to be re-released in September 2021.
Phosphoric acid Expansion Project
8Cost - Rs 130 crore
8Project Event: 30 % of construction work has been completed, erection of equipment is ongoing, all the long lead items have not reached the site. The commissioning is likely to be completed in December 2022. Details
8Nayara Energy will receive two shipments of 295k and 90k MT on 26th and 28th August, respectively.
8Also, a 282k MT consignment coming from Basrah carried by vessel MT Houston will arrive on 25th August at Vadinar to be received by IOCL.
Click on Reports for more Details
Get the latest import matrices here for
8LPG
8Ammonia
8LNG
8Fertilizers
8Weekly fertilizer import data
8Chemicals
8Crude
8Total tankers
8Dry and Bulk cargo
8Daily port update, and crew change
8Monthly coal import update
8Monthly container update
8Monthly liquid gases import update
8An update on seafarers
8Jobs coming up in the marine sector
Click on Reports for more Details
A domestic auction of gas is coming up
8Get the pricing formula
8Also know more on the gas purchase agreement involved
Click on Reports for more Details
Megha Engineering has a Rs 6000 crore order from ONGC to supply 47 rigs, involving 27 drilling rigs and 20 workover rigs.
8One mobile rig is already working at the Kalol oil field in Ahmedabad.
8Get to know more on the Megha order for rigs 
Click on Reports for more Details
A GAIL ED was made CMD of another big company
8But we hear he wants to quit and come back
Click on Details for more. Details
At one point in time last month, in our conversations with the downstream vendor community, there was an apprehension that projects may dry up, after the Panipat and Nagapittanam projects go through.
8But that is not turning out to be true now.
8India will continue to have a big appetite for downstream projects Details
8Project Name: Hoshiarpur and Gurdaspur Districts City Gas Distribution
 8Project Cost: Rs 330 crore
Click here for more details Details
The Adani plan to make PVC can be quite the game-changer
8The main reason for lack of investments in PVC manufacturing has to do with the lack of access to ethylene – the key starting material – and the priorities of petrochemical companies with access to this olefin.
8Adani will maneuver around this limitation, it looks like
Click on Details for more Details
The ONGC management's stock has gone up in the vendor community after a candid and open vendors meet that was held a couple of months ago.
8Ever since, the ONGC brass along with the MM department head AD Tripathi, has been fine-tuning the vendoring system in the company, slowly smoothening out the creases
8Here is a quick decision that the ONGC brass has now taken on how to proceed next on the findings of Independent External Monitors
Click on Reports for more Details
Coal-based Ammonia-Urea & Coal Handling Plant Greenfield Project
8Cost - Rs 7484 crore
8Project Event: The feasibility study has been completed, project activities are ongoing. The company is planning to hire a PMC contractor first, RFQ for the PMC contractor is likely to be released in Q3 FY 2021.
Ammonia Storage Tank Greenfield Project
8Cost - Rs 250 crore
8Project Event: LSTK contractor is undertaking the purchase of equipment and services as of now, construction is likely to be started in September 2021. Details
IOC is expanding its LPG import terminal at Kandla from 0.6 MMTPA to 5 MMTPA at a revised cost of Rs 731 crore
8Vijay Tanks is doing the tankage.
8Mounded type pressure vessels have been awarded to Sharp Tanks and Structural Pvt. Ltd.
8Commissioning date has been revised
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8RVI at Retail Outlets under West Zone Details
8Supply, installation, testing and commissioning of Earthing System Details
8Carry out Pipeline RoW exposure repair works Details
8Construction of Boundary Wall at Jammu CUF Details
8Construction of NRO Malakbalau Details
8ARC for various Mechanical Maintenance Jobs at Hazira Compressor Station and Ex-Hazira Terminals Details
8AMC for Routing NDT Inspection Services Details
8Procurement of Portable Petrol Generator Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil India can't be judge in its own cause, will reconstitute panel: SC on Baghjan oil well tragedy Details
8Oil rises as full U.S. clearance for COVID-19 vaccine stokes fuel demand hopes Details
8Vedanta makes gas discovery in Gujarat Details
8Fire erupts after explosion at Pemex Oil platform in Gulf of Mexico Details
8Papua New Guinea resumes talks with Exxon on gas field agreement Details
8Fuel prices remain unchanged across India despite August 22 rate cut Details
8Adani Total Gas acquires gas meter manufacturing co Details
8Priyanka Gandhi attacks Centre over rise in price of LPG cylinders Details
8IOCL Executive Director Arvind Kumar appointed as MD of Chennai Petroleum Corporation Details
8Zetwerk raises $150 mn from D1 Capital, others; valuation hits $1.33 bn Details
8Iran resumes fuel exports to Afghanistan after Taliban request, union says Details
You can also click on Newsclips for more   Details
Get the latest daily import updates for:
8LNG
8Crude
8Daily tankers
8Dry and Bulk cargoes
8LPG
8Ammonia
8Port crew change and operations update
Click on Reports for more Details
8LNG prices may shoot even higher as winter approaches
Click on Reports for more Details
Ashish Gaikwad the MD of Honeywell Automation has been shepherding the company in the right direction
8The company has done well over the years: from a fledgling entity serving customers in the process industry and commercial buildings with a limited automation portfolio, we have now transformed into a significant company with a large and diversified portfolio – among top 100 companies by market capitalization.
Click on Reports for more. Details
8There is a national and refining conclave coming up should you want to participate
Click on Reports for more. Details
OIl India Ltd has to acquire a controlling stake in Numaligarh Refinery Ltd by taking out a big loan.
8So,  is the acquisition going to be of benefit to OIL or will be a disadvantage?
8Here is an analysis of what NRL can do OIL's balance sheet
Click on Reports for more Details
ONGC chairman Subhas Kumar was finance director before took over reigns.
8So he has a clear understanding of the problems faced by vendors
8And it looks like he has yet another step to smoothen the payment mechanisms in the company
Click on Reports for more Details
Back in July, the European Union (EU) finally unveiled its much-anticipated plans to meet its climate ambitions, which for the first-time folded shipping into the Emissions Trading Scheme (ETS).
8The strategy also proposes to expand the Energy Taxation Directive (ETD) to bunker fuels and launch a new scheme to encourage the uptake of low carbon fuels, called FuelEU Maritime.
8Collectively these three initiatives will substantially increase the regulatory burden on shipping companies trading to, from and within the EU, with the ETS and ETD coming into force at the same time as the IMO’s carbon intensity indicator (CII) and energy existing ship design index (EEXI) in 2023.
8Evidently shipping companies will feel the regulatory heat like never before.
Click on Reports for more. Details
There is a rush of RFQs from Vedanta for E&P work
8Both for new blocks undergoing exploratory activity and for older mature blocks
Click on Reports for more Details
Nayara is a privately held company, so information is not easy to get by
8But it runs its 20 MMTPA refinery well
8Also, it has a presence in retailing of oil with 6,059 operational retail outlets as on March 31, 2021.
Click on Reports for more on the company Details
Dalmia Cement (Bharat) Limited has announced to become carbon negative by 2040.
8Carbon capture and Utilisation (CCU) is one of the key levers identified by the company to achieve its goal
8Here is a pre-feasibility study for CCU in one of its cement factories.
8This may also be of interest to the oil & gas industry
Click on Reports for more Details
What is the IOC chairman saying about the Nagapittanam refinery project
8The formation of a JV for the refinery has been permitted, among other things
Click on Details for more Details
The upswing in bulk dry cargo shipping rates is different this time around
8And it is likely to last, according to analysis.
8Also get the last forward-looking bulk dry cargo import data here Details
Hydrogen is the fuel for the future.
8Find out what the status of hydrogen projects is in India
8Also get the names of the top 150 names in India, who are involved with hydrogen research and development
Click on Reports for more Details
A long list of propane dehydrogenation plant start-ups and new flexible steam crackers will drive Chinese LPG demand
8Coupled with Indian domestic demand, the LPG market will continue to remain robust, as per projections
Get a full synopsis of the global LPG market here
8Also, get forward-looking LPG shipments information into India
Click on Reports for more Details
Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore
The LSTK contractor is still continuing with equipment purchases
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: The feasibility studies are still ongoing, and are likely to be completed in September 2021, RFQ for the LSTK contractor is likely in Q3 FY 2021.
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: Bid due date for the Urea handling & bagging package is 5 October 2021.
Ammonium Nitrate Melt Greenfield Project
8Cost - Rs 88 crore
8Project Event: The Letter of bid invitation for the LSTK contractor has come out and the bid due date has been extended from 6 August to 27 August 2021.
Access to this is available via www.indianfertilizer.com Details
For reference purposes the website carries here the following tenders:
8Contract for Ultrasonic In Line Inspection of Non Piggable Jetty Lines Details
8Construction of Pre Enginnered Building Type Project Site Office at Uran LPG Plant Details
8Services for Clearing and Handling Agent for exporting lubricants Details
8Supply of 54,000 Kg High Performance, High Range Water Reducing and Retarding Super Plasticizer Admixture Details
8Supply & Installation of Aviation Hydrant Dispenser module Details
8Carrying out Facility Management Services Details
8Terminal Automation System Project at Sitarganj IRD Details
8Carrying out FCCU-I Cyclones Replacement Details
8Development of New Retail Outlets and Modernization of outlets outside Chennai district Details
8Development of Truck Parking at Patna LPG Plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil company stops supplying Lebanon with petrol Details
8Oil steadies but set to slump for the week on Delta anxiety Details
8India's surging domestic gas output to dent LNG import, but not for long: Wood Mackenzie Details
8Committee to draft digitalization roadmap for Indian E&P sector: Tarun Kapoor Details
8Oil heads for 7% weekly slide as the Delta variant spreads Details
8Will Afghanistan situation have bearing on global oil prices? Details
8Just 15 km of Nord Stream 2 pipeline to go, says Putin Details
8Ever Given, the ship that blocked Suez Canal in March, crosses the canal again Details
8GAIL scouts for acquisition to augment renewable portfolio, to foray into hydrogen Details
8Oil prices rebound from 7-day losing streak as investors snap up bargains Details
8Fuel prices cut by 20 paise per litre, but fail to keep pace with crude’s fall Details
8OPINION: Oil price path depends on pandemic's next phase Details
8PSUs, private entities not spending 2pc of profit in CSR activities in Assam: Assembly panel Details
You can also click on Newsclips for more   Details
8Project Name: Jhabua, Banswara, Ratlam and Dungarpur Districts City Gas Distribution
8Project cost: Rs 350 crore on
Click here for more details and contacts Details
For reference purposes the website carries here the following tenders:
8Mobile Land Work-over Rig of 50 MT Capacity on Call-out basis for Onshore Blocks Details
8Standing WC for development of new RO and modernisation projects in Mahaboobnagar and sangareddy sales area under secunderabad retail region Details
8Carry out development of new retail outlets and modernisation projects in Medak and nizamabad sales area under secunderabad retail region Details
8Providing Facility Management Services Details
8FCCU-I Regenerator Cyclones Replacement with Dome, Plenum and Air Grid Details
8Terminal Automation System Project at Sitarganj IRD Details
8EPCM Consultancy Services for 500 KTA PDH-PP Project Details
8ARC for Hydrojet Cleaning of Heat Exchangers and Static Equipments in Upstream Details
8Procurement of Diaphragm Valves and Valves for Emergency Instrument and Seal Air Line Details
8Procurement of Ethernet to E1 Convertor Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Diesel prices reduce for second day in a row, petrol unchanged Details
8Japanese company may bring to India bio-diesel run mining machines Details
8Emerging oil nations reject climate curbs on exploration, pursue rapid development Details
8CNOOC plans more green investment as H1 profit more than triples Details
8Oil price steadies but set to slump for the week on Delta anxiety Details
8ONGC invites bids for partnerships from private players for its 43 small producing fields Details
8Global oil prices plunge $10 a barrel this month but little change in domestic prices Details
8BHP's petroleum exit shows oil and gas may follow coal's path to toxic status Details
8Oil extends losses on pandemic fears and rise in U.S. gasoline stockpiles Details
8Diesel price cut by 21 paise a litre but LPG rates up Details
8Oil prices fall in biggest losing streak since February 2020 Details
8Most flares from Texas Permian oil drilling lack permits -study Details
8OPINION: BHP's petroleum exit shows oil and gas may follow coal's path to toxic status: Russell Details
You can also click on Newsclips for more   Details
8Project Name: Narmada (Rajpipla) District City Gas Distribution
 8Project Cost: Rs 250 crore
Click here for more details. Details
A ranking of key production parameters for E&P blocks based on latest data has been carried out
Among the blocks which rank on the top five are
8Tripura asset ONGC
8Lohar field of Selan
8ONGC's Cambay asset
8Kharijisan of Selan
8CB-ONN-2004/1 of ONGC
Get the full ranking of all blocks here, click on Reports Details
A new breed of  floating storage regasification units (FSRUs) are coming into play now, that will make shore-based terminals look much more expensive
8Fuel consumption and CO emissions of new generation FSRUs can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Click on Reports for more Details
8An on-site LPG extraction unit is getting set up in an E&P complex
Click on Reports for business opportunities. Details
8There has been shipments of blue ammonia
8And there has also been a shipment of carbon-neutral LNG cargo
8And lots of companies are now eyeing hydrogen and ammonia plants
Click on Reports for more. Details
8Even as AG&P keeps on Karaikal LNG project on hold, it seems to be aggressive in setting up such units elsewhere
Click on Reports for more Details
The fertilizer industry is the biggest consumer of gas in India.
8Each ammonia-urea unit consumes a whopping 2.4 mmscmd of gas, equal to one cargo of LNG per month.
8Gas accounts for 70% of the cost of fertilizers and 90% of the variable cost
8The pool price of fertilizers has gone up by as much as Rs 189/mmbtu over the last six months
8This translates into an increase in cost of production of urea by Rs.4400 per MT. For domestic urea industry, not only the prices of imported gas have gone up, but heavy taxation has further pushed up the delivered cost of gas.
Click on Reports to understand the woes of the fertilizer industry. Details
 1.38 million MT of crude oil was offloaded all over India in the last 3 days
 8Two shipments totalling 556k MT were unloaded and received by RIL at Sikka on the 17th of August.
 8Nayara Energy’s 150k MT & 134k MT consignments were set down at Vadinar on18th and 16th August, respectively.
 8A 135k MT cargo was unlaid and received by HPCL at Mumbai port on 18th August.
 8MRPL unloaded an 89k MT shipment at their Mangalore port on 18th August.
 8IOCL’s 60k MT consignment was offloaded at Paradip on 17th August.
 8A 260k MT cargo coming from Ras Tanura was set down at Cochin and received by BPCL on 16th August.
 Click on Reports for more Details
Get the following import matrices
8Fertilizers
8Crude
8Chemicals
8LNG
8LPG
8Ammonia
8All tankers
8Dry and bulk cargoes
8All India port and crew change updates
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8RVI at Retail Outlets under North West Zone Details
8Providing Facility Management Services Details
8Terminal Automation System at Krishnapatnam Coastal Installation Details
8Supply of 5.0 Kg LPG Cylinders fitted with SC Valves at LPG Bottling Plants Details
8Providing Security Caretaking Services along the Pipeline Installations in Rajasthan Details
8Providing Security Caretaking Services along the Pipeline Installations in Madhya Pradesh Details
8Monthly Basis Cab and Taxi Hiring Services Details
8Procurement of Hydraulic Torque Wrenches Details
8Project Management consultant for Captive Power Plant at KLL Details
8Hiring of contract for Repair & Maintenance of KLL Tug Jetty Details
8Procurement of Bare & Coated Line Pipes for Nagpur-Chindwara-Jabalpur Pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Official figures expose BJP's falsehood on oil bonds: Congress leader Ajay Maken Details
8LPG price rose by Rs 265 in 9 months, Congress slams Rs 25 hike Details
8Vineet Jaiswal joins Vedanta Resources as Chief Digital & Technology Officer  Details
8Gazprom Neft says resolves pipeline failure after hydrogen sulphide leak Details
8BHP, Woodside investors jittery over $29 billion petroleum merger Details
8Ratan Tata-backed Repose Energy strengthens its presence across states Details
8Echo Fuels dedicates 6 Mobile Petrol Pumps to Fuel the Northeastern towns of India Details
8Oil steadies as US crude drawdown faces Covid-19 surge Details
8Govt 'sensitive' towards prices of petroleum products, says Puri Details
8Oil extends losses on pandemic fears and rise in U.S. gasoline stockpiles Details
8Diesel price cut by 21 paise a litre but LPG rates up Details
8Nord Stream 2 says Fortuna vessel working on final stage of project Details
You can also click on Newsclips for more   Details
Ammonia-Urea Energy Savnig Project
8Cost - Rs 200 crore
8Project Event: Basic engineering and Detailed engineering have been done by KBR and Tecnimont. The project has been commissioned in July 2021. Now the plant is working on an energy consumption level of 6.5 Gcal/MT.
Ammonia Greenfield Project
8Cost - Rs 2773 crore
8Project Event: The project is likely to be submitted as a proposal for environmental clearance in September 2021. in place of July 2021. The RFQ is likely to be released in Q3FY 2021.
Click on Details for more Details
NR Patel and Co is the EPC contractor for the grass root terminal at Malkapur
8But commissioning timelines next year will be delayed further
Find out whether business opportunities are available in this project Details
Shell has mediated an entire LNG cargo for Torrent yesterday at is captive terminal at Hazira
8The cargo of 130276 cubic meters had come in for Bonny.
8The fact that Torrent is bringing in a cargo under the current high price regime to run its gas-based power plants has raised eyebrows in the industry
Click on Details for more Details
8Megha Engineering is going through the process of vendor selection for the raft of downstream projects that it has acquired recently as a new bidder.
8Find out what the experience has been of some of the bidders in dealing with the Megha team. Details
8Oil India Ltd (OIL) has taken a surprise decision on the purchase of 2000-tonne onland rigs
Know more Details
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