Another LNG cargo a month of additional demand is coming up starting December, according to our sources. 8And that is good news for an industry that has been reeling under low demand and high prices Click on Details for more.Details
Ammonia-Urea Brownfield Project 8Cost - Rs 8000 crore 8This one has been pending for a while but has now gathered momentum 8And project authorities are saying that RFQs for LEPC contractors are up aheadDetails
Here is a comprehensive update on a POL terminal with a price tag of Rs 580 crore 8But there are some RFQs, not many, that are still ahead. Click on Details for more
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It is now confirmed that the Chhara LNG terminal evacuation will get delayed. 8And it is not because the environment clearance is not available for the 86 km pipeline that will run partly through the Gir forest to connect to the trunk GSPL network. 8There are other more troubling reasons for it, the website has found out Also, by how much will everything get delayed?
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OVL admits that there has been a "severe deterioration" of the situation at Mozambique. 8And the matter is now "entirely out of the consortium's control". 8There are no timelines set for the restoration of work for what is one of the world's largest LNG project 8The company has spent more than Rs 12,000 crore on the project and more is to be spent Click on Details
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Posh Subsea is an offshore logistics company based out of Singapore 8Of late, it has been doing a lot of business in India Click on Reports for more
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IGX trading volumes are way below their buy and sell deals in August 8But the big impetus that the trading portal received was from the government that allowed domestic producers to participate in the portal| Click on Reports for more
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Those who are building midstream or city gas distribution networks will find their next great impetus for growth from hydrogen. 8So the investments are not going to go waste if CNN were to fall out of favor with the transition in the mobility industry 8Please also find model bid submission document for CGD GAs here. Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Revamping of CP system for Mounded Storage Vessels Details 8Supply of Ultrasonic Valve Cleaning Machine for Hoshiarpur LPG PlantDetails 8Bypass conductor Tanks at refinery Details 8Supply and Installation of Electro-hydraulic Actuator Control Skids Details 8Design, Detail Engineering, Procurement and Project Management Consultancy Services Details 8Repair of Crude Oil Storage Tanks Details 8Hiring of Mobile Test Separator on Callout basis for Onshore block Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Kerala cannot afford to lose revenue from fuel tax: Finance Minister Details 8Oil steady as U.S. storm-hit supply returns slowly Details 819 injured in blast in Indian Oil's Barauni refinery in Bihar Details 8Oil companies get good response to ethanol procurement tender Details 8Fuel prices stable for fortnight amidst volatility in global oil market Details 8HPCL to build 5,000 Electric Vehicle charging stations in three years Details 8Brazil's $1 bln LNG-fueled GNA I power project gets commercial operation green light Details 8Gujarat: High Court asks govt to reply on coal-to-gas shift Details 8Petroleum products not to be included under GST, says Nirmala SitharamanDetails 8PNGRB seeks bids for city gas licence for 65 areas Details 8Puri dials Saudi Arabia for second time in two months Details 8Petrol, diesel prices may rise as international oil rates surge Details 8Iran's petrochemical, fuel sales boom as sanctions hit crude exports Details 8GST Council meet today: Covid relief, bringing oil and gas indirect tax regime on agenda Details 8Fuel prices maintain stability amidst volatility in global oil market Details 8China's oil consumption seen peaking around 2026, Sinopec exec says Details You can also click on Newsclips for moreDetails
8Project Name:Jangaon, Jayashankar Boopalpally, Mahbubabad, Warangal Urban and Warangal Rural Dsitricts City Gas Distribution 8Project Cost: Rs 300 croreClick here for more detailsDetails
Meet this E&P equipment entrepreneur. 8He packs in 26 years of experience with the likes of Schlumberger, NOV, GE-Hydril, and Cameron. He did his engineering at the National University of Singapore. 8And he has now opened up shop with 13 people, and he will produce control systems for BOP, flanges, spools, and other such E&P-related equipment. Click on Details for more on this interesting storyDetails
Urea (Granular) and Captive Power Unit Expansion Project 8Cost - Rs 700 crore 8Project Event: The project is still on hold, It is likely to be activated in Q3 FY 2021, RFQ for the LSTK contractor is likely to be released in Q3 FY 2021. SSP/GSSP Greenfield Project 8Cost - Rs 15 crore 8Project Event: The proposal for environmental clearance has been submitted, and the terms of reference have been granted. The final environmental approval process is under preparation is ongoing which is likely to be completed in Q3 FY 2021. RFQ for the local contractor is likely to be released in Q3 FY 2021. The company has also applied for a loan, which is likely to be sanctioned in October 2021.Details
8There seems to be damning collusion of ONGC officers in an explosion in Kalol 8And even as an FIR has been lodged, a bunch of 11 other officers were exonerated after being accused of being in a scam six years ago Click on Details for more.
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As the JKM price enters the $25/mmbtu territory, demand destruction is not just happening in India 8It has now become a word wide phenomena Click on Reports for moreDetails
Here is a gas auction coming up 8The only problem is that it is a remote location 8And gas will be sold only at the production field Click on Reports for more
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8Higher prices were elicited in the recent short-term contract for four 80 T AHTS vessel requirement by ONGC. 8But there was wide variation in the quotes, between L-1 and the L-4. Question is there were four bidders for four vessels, will the others match the L-1 rates 8Also, it was noticed that those who did not want to lower their rates for long-term hire have quoted higher in this tender, thereby furthering the notion that below a price, owners are not willing to lend their vessels at low prices, and would rather risk looking for other assignments.Details
8The compliance and company secretary of this drilling company has quit his job. 8It is with immediate effect. 8It is a five-rig company, and while profits have slumped, it is bullish about the future. Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8Supply of Telecom Spares VVSPL Details 8Development of New Retail Outlets and Modernization of outlets under Siliguri Retail RODetails 8Providing Security Services at Goa LPG Plant Details 8Procurement of Flow Tees for Nagpur-Chindwara-Jabalpur Pipeline Details 8Fire Protection System for BAPL Pipeline Details 8Statutory Inspection, Re-certification, Installation of Stilling Well and Supports for LTS Details 8Procurement of Sulphuric Acid Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Europe's energy crunch sparks panic in Asia and scramble to buy fuel Details 8Nineteen people injured in blast at Barauni Refinery in Begusarai Details 8How GST on petrol, diesel will bring down prices Details 8Buy GAIL (India), target price Rs 207: ICICI Securities Details 8Siddaramaiah demands reduction in cess, sales tax on fuel prices Details 8US, several EU states continue to oppose Nord Stream 2: Russian FM Details 8K'taka to object bringing fuel prices into GST net Details 8India's September diesel sales remain below pre-COVID levelsDetails 819 injured in blast in Indian Oil's Barauni refinery in Bihar Details 8Oil steady as U.S. storm-hit supply returns slowly Details 8Kerala cannot afford to lose revenue from fuel tax: Finance Minister Details You can also click on Newsclips for moreDetails
If H-Energy were to sell the Jaigarh terminal, what could be the possible asking price? 8Clearly, the terminal will go with the attendant 60 km pipeline to the GAIL interconnection point 8Also, if others are going to buy the terminal, what kind of timing can be anticipated for such a deal?Details
The Arcelor Mittal tender for as many as 80 LNG cargoes has raised a low of eyebrows 8There is more to it than meets the eye Click on Details for more
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The H-Energy LNG business model is the most difficult one 8Its long lending pipeline connectivity to the GAIL network is finally completed, it is learned 8The terminal at Jaigarh is ready even though it has sent off its FSRU to Trafigura 8When does the terminal startup now?
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The LNG regasification terminal business in India has become far more complicated than before. 8Even as new terminals are going on stream, at least one terminal operating for several years now may end up getting closed Find out more
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For reference purposes the website carries here the following tenders: 8Supply, Installation and Commissioning of New Split ACs Details 8Procurement of DC-DC and AC-DC ConvertersDetails 8AMC of Ultrasonic Thickness Measurement of above ground piping at SV AND IP stations & Terminals en-route JHBDPL mainline and its spurline Details 8Hiring of Photo Copy Services Details 8Annual Rate Contract for PSV PCV Passing and Compressed Air or other Gaseous Leak Detection Survey Details 8Procurement of HSD Details 8Geotechnical Investigations and Topographical Surveys for Pipeline Project Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil slips but holds to most gains after draw in U.S. stocks Details 8Cairn Energy, Air India seek stay on New York court proceedingsDetails 8Manufacture of biofuel, new sand mining policy among Bengal govt measures to pep up industry Details 8Imposing cess impacts states' share from central excise duty: Chhattisgarh CM Details 8Germany's hydrogen dream needs gas for transition, industry says Details 8Prices of petrol, diesel kept static for tenth consecutive day Details 8Russia preparing report on Rosneft gas exports via Nord Stream 2 Details 8Ahead of state elections, govt takes steps to control food inflation Details 8Oil India Limited organizes official language pledge-taking ceremony at Duliajan Details 8ONGC, Oil India scale 52-week high with rising crude prices Details 8GST Council may mull petroleum inclusion: What it means for businesses, consumer Details You can also click on Newsclips for moreDetails
Get an update here on the Chennai-Trichy-Madurai Pipeline Augmentation Project 8The capacity is being raised to 3.9 MMTPA 8And COVID seems not to have impacted the timeline much 8Looks like L&T has done a good job here Click on Details for more
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The Essar Group has a truck LNG model in mind and it has been putting in a lot of effort on that front. 8It has a full team at work but suffered a serious setback recently. 8But find out what is going wrong.Details
Nano Fertilizer Greenfield Project 8Cost - Rs 225 crore 8Project Event: The project is awaiting environmental clearance, RFQ for the LSTK contractor is likely to be released in Q3 FY 2021. Ammonia-Urea Annual Maintenance Project 8Cost - Rs 10 crore 8Project Event: The tender for a registered maintenance contractor is likely to be released in February 2022. Details
Get the daily updates for 8LNG 8Crude 8Chemicals 8Fertilizer 8LPG 8Ammonia 8All tankers 8Bulk and dry cargoes 8Port updates Click on Reports for more
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Ammonia-Urea Brownfield Project 8Cost - Rs 6000 crore 8Project Event: 92 % of construction work has been completed, the installation of equipment is ongoing. procurement Machinery orders are already completed, Procurement of other services is ongoing, also pre commissioning is ongoing, commissioning is likely to be started in January 2022 in place of Dec 2021 Ammonia-Urea Annual Maintenance Project 8Cost - Rs 35 crore 8Project Event: The tender for a registered maintenance contractor is likely to be released in January 2022.Details
Spot prices have climbed to the above $20/mmbtu mark and there are no immediate signs of remission. 8The spot market was never too big in India and with spot prices up, it has shrunk by more than half. 8Find out what is GAIL's estimate of India's spot market. Click on Details for more
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Project management consultants for E&P fields, particularly the smaller fields, went into hiding during the pandemic 8But with oil prices going up, both E&P operators and the project management consultants are slowing emerging from the woodwork 8How many PMCs are really contending for such slots
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For reference purposes the website carries here the following tenders: 8Procurement of MCCBs for GAIL Township Details 8Procurement of SS Ferrule Fittings and SS Ball ValvesDetails 8AMC for Civil Works Details 8Supply of Analyzers for tie-in connectivities of ONGC Bokaro and ONGC Jharia to JHBDPL Details 8Hiring of Services for procurement of Open Access Power Details 8Hiring of LMVS for CISF and Gail Pata Security Department Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil prices climb after drawdown in stocks, positive demand outlook Details 8Covid shrank CNG sales in Gujarat by 13 per cent in FY21 Details 8Eni, Atlantia unit join forces to develop aviation biofuel Details 8Chevron triples low-carbon investment, pledges $10 bln through 2028 Details 850 city gas distribution areas to be put under common carriers listDetails 8Indian Oil launches cashback scheme on Google Pay fuel purchase Details 8Biden turns to Colorado to pitch investments in clean energy Details 8BP's renewables boss Sanyal quits in surprise departure Details 8High petrol, diesel rates to drive city gas volumes up 27 per cent Details 8Algeria aims for $2.6 bln increase in energy investment next year Details 8No change in petrol, diesel prices for ninth consecutive day Details 8Gujarat Gas appoints IAS Pankaj Kumar as Additional Director and Chairman Details You can also click on Newsclips for moreDetails
A series of CGD RFQs are out, here is a sample: 8Monitoring and maintenance of cathodic protection 8O&M services for a CGD GA 8A compressor package at a CGD station Click on Reports for more
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8Here is this existing LNG terminal which is going through a 2.5 MMTPA expansion 8And this expansion is not for Petronet LNG's Dahej terminal 8Capital approval is expected within a couple of months.Details
Haldia Petrochemicals is setting up a massive petrochemical complex at Cuddalore 8But there are many questions on the minds of potential EPC bidders 8These include: where will the company source its requirement for 5 MMTPA of naphtha annually, where is the funding going to come from, among others 8Clarifications have now come in for some of the questions Click on Details for moreDetails
Do not ignore the speciality chemical business 8Many units in this segment have survived the ravages of COVID and emerged more profitable 8And the business is growing in size. 8Yearly capex is around Rs 6000 crore Click on Details for more
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