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Sep 2020

Big multinationals are clearly not interested in the Indian E&P story anymore. Even Indian investors are going to stay away from here on, oil & gas is no longer a growth story.
8But what will still attract a lone wolf investor are the few success stories in Indian E&P.
8Here is one, where on revenues of Rs 427 crore, the operating profit is Rs 397 crore. There is no tax, and profits are more or less in the same region. Revenues will jump once pricing improves and so will the bottomline.
8Loans taken are easily getting paid. And the asset itself will create the facility for more funding should the need arise.
8The cost of production is so low that the operator can easily adjust to the pandemic.
8And the field will keep running for the next 20 years
Click on Reports for more Details
Unifed gas transportation tariffs are going to play havoc with the rates paid by those consumers nearer to gas supply sources.
8The extent of price increase has now been calculated, and the picture looks ugly
8Tariff increases will be multiple times what they had been paying.
Click on Reports for more Details
The government is preparing BPCL employees for the disinvestment process.
8But in return they have to indemnify the government or the new owner.
Click on Reports for more   Details
8A shockingly high number of people want to leave the oil & gas sector
8Juxtaposed against this, job creation is accelerating at a rapid pace in the renewable energy industry.
8Find out more, click on Reports. Details
From the LNG terminal owners point of view, these may not be the best of times.
8There is a big gush of domestic gas flowing in from next month and a total of 40 mmscmd will be added over three years, if not more. Our estimate is it can be up to 50 mmscmd, may be more, if Daman Upside, a couple of other ONGC assets and CBM output are taken into account.
8Four of the country's six functioning LNG terminals are running at capacities far below optimal.
8Quite a few more terminals are being constructed. And a trend towards smaller terminals, aiming at local area virtual networks and areas not densely covered by pipelines is already noticeable. 
8Everything said and done, the long term outlook continues to be bright for LNG.
Click on Reports for more. Details
A new trend in the pricing of spot LNG by India was noticed recently
8Is this the beginning of a new pricing matrix not just for spot prices but also for domestic gas prices?
Click on Details for more Details
8GSPL India Gasnet Limited (GIGL) is keen to build a new gas pipeline
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Supply of Glass Cartridge Fuses as per tender technical specification and scope in refinery Details
8Procurement of Electrical Items at refinery Details
8Health assessment of Reformer Catalyst Tubes of HGUs 76 and 77 at refinery Details
8Agency for Mechanical jobs for implementation of scheme Routing of Propylene rich PP Off gas from Refinery Fuel Gas header to INDMAX WGC at refinery Details
8Civil works at drill site GKKR in GLK area Details
8Procurement of Reciprocating Pumps Details
8Procurement of Flare KOD Pumps Details
8Contract for Services of Relay Coordination and SLD Jobs for Electrical System Details
8Supply, Fabrication and Fixing of Aluminum Cable Tray & Aluminum Cable Tray Cover Details
8Piping & Structural Painting for LNG Process & Jetty Area Details
8Supply of Smart Transmitters Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Aramco is committed to $44-bn Ratnagiri refinery-cum-petrochemicals complex: Project CEO Details
8BPCL may sell part of treasury shares via bourses, rest 2 per cent stake to be in staff trust Details
8Diesel fall continues as petrol holds firm Details
8India looking to store oil overseas in US, other commercially viable locations: Pradhan Details
8BPCL's Mozambique block acquisition under scanner Details
8Cairn seeks $1.4 bn in losses from retro tax demand Details
8OIL draws up plans to fast track exploration in Arunachal Pradesh Details
8Natural gas prices may continue to correct till November Details
8OIL's 2019-20 profit 2,584 cr, revenue Rs 13,649 cr: CMD Details
8Oil drops 2nd day as surging coronavirus cases prompt demand worries Details
8Rosneft, Aramco unlikely to bid for India's BPCL stake: sources Details
8Oil traders doubt OPEC will boost output as planned in 2021, citing bearish signals Details
8Another two months needed to kill damaged Baghjan gas well: Oil India chief Details
8New PNGRB regulations cap non-members' shareholding for gas exchanges at 25 per cent Details
8India will define post-Covid energy trends: Dharmendra Pradhan Details
You can also click on Newsclips for more   Details
The Dabhol LNG terminal owned by GAIL is now fully active
8After a vessel was unloaded, another two vessels are now headed for the terminal
8Both are however lower capacity vessels
Click on Reports for full details Details
8A total of 7.41 million tonnes of crude are under dispatch or are on way to Indian ports as yesterday
8Get a full matrix of this tonnage, where is it coming from, where is it headed and who is buyer and the seller
Click on Reports for more Details
For imports of chemicals Haldia is now emerging as a big destination
The major importers there are
8Haldia Petrochemicals
8Indorama India
8Philips Carbon
8MCPI Pvt Ltd
Click on Reports for more Details
India is looking for partners to set up two strategic storage facilities.
8Then again, India stays committed on spending Rs 14,000 crore on bio-ethanol plants
Click on Details for more.   Details
Sulphuric Acid Greenfield Project 
8Cost - Rs 50 crore
8Project Event: The environmental clearance is still awaiting, Project activities are on hold due to COVID-19, RFQ for a contractor is likely to be released after the environmental clearance.
Single Super Phosphate Expansion Project
8Cost - Rs 20 crore
8Project Event: All project activities is on hold due to COVID-19, the project is likely to be activated in November 2020. RFQ for a local contractor is likely to be released in November 2020. Details
This is an LPG pipeline
8Cost is Rs 1400 crore
8RFQs for pumps expected in December. It was earlier meant to have come out in May.
8Get complete project information here, including key contacts.
Click here for more details   Details
8A massive E&P water injection job is in the anvil
Click on Reports for more Details
The Indian economy is going to perform worse than what was thought before
8And this will have implication for oil & gas demand
Click on Reports for more Details
Domestic gas availability at low prices is expected to shrink
8This is because fresh allocations are being made to other segments
Click on Reports for more Details
8Selling ships for scrapping to Indian companies is getting more complicated
Find out how. Click on Report for more. Details
Inventory management is a big problem for ONGC
8Find out how the company is trying to find solutions
Click on Reports for more Details
Ammonium Sulphate Expansion Project 
8Cost - Rs 9 crore
8Project Event: The proposal for the environmental clearance is likely to be granted in November 2020. RFQ for the EPC contractor is likely to be released after environmental clearance.
Process Air Compressor Greenfield Project
8Cost - Rs 347 crore
8Project Event: The project was on hold due to some technical issues, and was to have been activated in June 2020 but due to the lockdown, the project is still on hold, the hiring process  for an LSTK contractor is also on hold. The project is likely to be activated in November 2020.
Click on Details for more Details
The headline news is that cash flows to fertilizer units will improve as the cap on government expenditure has been removed for the quarter beginning October, 2020 for fertilizers and defence.
8The fertilizer sector is the largest consumer of gas in the country.
8And it is assumed that since Rs 70,000 crore of annual subsidy is given to the industry, this improvement in cash flow, as gas cost is nearly 80% of the production cost of an ammonia-urea plant, will make fund flows to the gas supplier easier as well.
8Find out why that is not going to be the case. Details
8Uncertain of the future, BPCL has stopped hiring people
8Instead it is looking at other ways to plug the manpower gap
8Also, the company has stopped talking of future plans, now merely consolidating whatever it already has
Click on Reports for more Details
The lockdown has trapped as many as 4 lakh sea farers.
8A big chunk of them are Indians
The crisis is now at the breaking point.
Click on Report for more. Details
Hydrogen-enriched CNG is now an option in India
8Rules have been formulated accordingly
Click on Reports for more Details
RIL is a big importer of paraxylene
8But there is also lesser known MCPI Pvt Ltd, a manufacturer of PTA, also bringing in two shipments in Haldia
8Meanwhile, RIL has nominated its October paraxylene Asia Contract Price at $650/mt CFR Asia,unchanged from its nomination for September PX ACP,a 
Click on Reports for more Details
Cairn India is finally going ahead with the contracting for its OALP blocks
8A contract has been awarded to a multinational.
Click on Details for more Details
8The crude storage problem seems to have improved both at Paradip (IOC) and Mumbai (HPCL)
Click on Reports for more Details
Two small sized vessels are now headed towards Mundra
8And Ennore is getting a consignment after a long time
Click on Reports for the LNG cargo martix in the coming weeks Details
RIL is bringing in 5 mmscmd of gas into the market soon
8That is equivalent to more than 2 cargoes a month of LNG.
8The gas was meant to hit the market in mid-June, has been put off due to COVID.
8So when is it expected now?
8Also, when will tenders be taken out for the next 5 mmscmd tranche? Details
For reference purposes the website carries here the following tenders:
8Supply, Installation, Testing and Commissioning of Cloud Based Solution for Energy Trading and Risk Management Details
8Supply of Spares for Double Disc Slide Valves Details
8Supply of Column Internal at refinery Details
8Supply of spares for Technika make TLF loading arms at LPG Bottling Plant Details
8Supply, installation and commissioning of Online Stack Analyzer at refinery Details
8ARC for electrical jobs for execution of process modification schemes at refinery Details
8Procurement of Human Body Static Dissipater for Railway Siding Terminal Details
8Procurement of Pipe Locators Details
8Replacement of Methanol Injection Network in LPG Unit Details
8Hiring of Services for Environmental Monitoring around ONGC installations in Western Offshore Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Diesel prices fall again, petrol unchanged Details
8BPCL executive says privatisation will unlock value for company Details
8Domestic gas prices may rise as govt explores floor price mechanism Details
8Re 1 invested in Adani Enterprises has yielded 800-times return: Gautam Adani Details
8Business environment for City Gas Distribution at its best: D K Sarraf, PNGRB Details
8Govt may consider halving cess on domestic crude Details
8Low diesel demand hits India BPCL's crude runs, ups petrol imports Details
8Record 2.72 lakh new PNG connections provided in FY20: Indraprastha Gas Ltd Details
8West Bengal: Petrol demand touches pre-covid level in state Details
8Diesel demand seeing degrowth, petrol picking up: IOC Details
8BPCL paid up for defaulting partner Videocon to defend Brazilian JV, says CMD Details
8Brazil's Petrobras says to review Golar's participation in LNG terminal tender Details
8Australia trims resources revenue outlook on weaker coal, LNG exports Details
8BPCL may sell part of treasury shares via bourses, rest 2 per cent stake to be in staff trust Details
8Oil slips as demand worries offset hopes for stimulus Details
8Egypt aims to become self-sufficient in petroleum products within three years, says Minister Details
8Australia trims resources revenue outlook on weaker coal, LNG exports Details
You can also click on Newsclips for more   Details
It is a pipeline project
8Cost is Rs 1300 crore
8Installation work has got delayed due to COVID.
Click here for more details, including full project information and key contacts. Details
A reputed multinational PMC and EPCM company has decided to step into the downstream EPC segment.
8It has decided to get its hands dirty in the risky EPC space, where returns can be very uncertain, after looking at this segment long and hard for several years.
8It also left its competitors far behind when it emeged L-1 in a bidding war.
Click on Details for more Details
Canadian PE major Broofield is heavily invested in India
8It has bought the East West Pipeline from RIL with a big price tag.
8This giant has a vast appetite and has the patience of an elephant.
8Find out more on how the company thinks
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Revamping of Interlock shutdown System (ILSD) at Balasore BP from existing Micro-processor based System to PLC based System Details
8ARC for providing service for maintaining, running and Upkeeping of Mobile Oil Spill Recovery Unit MOSRU and other Mainline Equipment Details
8Annual Rate Contract for Tank cleaning and sludge handling job from units, tank farms of Panipat Naphtha Cracker Details
8Supply of Ethylene Glycol Details
8Geotechnical Investigation Works for Proposed Mounded Bullets and also Fire water Tanks Details
8Supply, Installation and Commissioning of Multi-sensor detectors Details
8Supply of Valves at Barhi and Patalganga LPG Plant Details
8Transportation of Bulk POL products MS HSD and Branded fuels by Road Ex Visakha White Oil Terminal to South Odisha at L1 Rates Details
8Hiring of Tanker for LPG transportation Details
8Hiring of external resources on contract basis for various LPG plants Details
8Underground Pipeline from Uran Chakan Pipeline’s SV 2 Station to proposed LPG Bottling Plant at Rasayani Details
8Supply of Sulphur Seal Pot for SRU Phase-III Details
8Supply of Gas Detectors Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Indian Oil Corp seeks petrol after BPCL's post-hiatus purchase Details
8Gujarat: Dealers won’t buy petrol on Sept 29 Details
8BPCL sale may be delayed to next fiscal year, worsening federal deficit woes Details
8India mulls gas price floor pegged to Asia LNG to help ONGC Details
8Diesel price falls again after 2-day pause, no relief on petrol Details
8India's August crude processing drops as raging virus cases dim demand Details
837 hrs after fire, ONGC Hazira starts operation Details
8Oil minister Dharmendra Pradhan wants tourist towns to run on clean fuel Details
8BPCL pays for defaulting Videocon in Brazil oil block Details
8Govt notifies norms for alternative fuels to promote sustainable transportation Details
8Strategic Energy Partnership emerged as cornerstone of expanding India-US ties: Envoy Details
8Canadian government commits C$320 million to aid offshore oil industry Details
8Dirty secret: Half of world lacks clean cooking, at a huge cost Details
8Boarding burning oil tanker saved marine environment: Coast Guard Details
8China to build country's largest LNG reserve base -state media Details
8U.S. shale producers Devon Energy , WPX Energy in merger talks Details
8Russia plans to kick-start unfinished oil wells programme this year: RIA Details
8NCLAT sets aside NCLT order rejecting insolvency plea against Coastal Oil Gas Infra Details
8Oil heading for weekly decline as coronavirus demand concerns mount Details
8China's August low-sulphur marine fuel exports mark 2020 high Details
8OPINION: How intelligent automation is improving performance and optimizing costs in the Oil & Gas industry Details
You can also click on Newsclips for more   Details
The jury is still out on how LNG prices are going to behave
8Here is one argument that says that they are going to soar
Click on Reports for more Details
8Find out what the latest pricing parameters are for incremental Indian domestic gas
Click on Reports for more Details
The 10-year cess collection from oil industry is at a massive Rs 1,24,399 crore.
8It was meant to be spent for the development of the oil industry but wasn't
Click on Details for more Details
Ammonia-Urea Expansion Project 
8Cost - Rs 150 crore
8Project Event: The project has elicited environmental clearance in Jan 2020, but project activities are still on hold due to COVID-19, RFQ for a PMC is likely to be release in November 2020. Details
8The waiting period continues to be long both at IOC's Paradip refinery as well as in BPCL's Mumbai refinery berths
8Clearly, offtake is less, get an analysis here of what is going on with the refinery sector, along with a full crude vessel inflow matrix as of now for the next few weeks to India.
Click on Reports for more Details
The Mundra LNG terminal has two smaller vessels coming in but with a gap of two weeks between the two
8The Ennore teminal has no vessel slotted as per our information with us so far
Click on Reports for more Details
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost - Rs 262 crore
8Project Event: The terms of reference have been granted, this project has been impacted by the COVID-19. Still, studies is ongoing, The proposal for environmental clearance is likely to be submitted at the end of October 2020, RFQ for a project management consultant is likely to be released in November 2020 instead of August as was planned earlier. Details
Saipem is the leader in the ammonia-urea business
8And it is so not without reason
Click on Reports for more. Details
8Setting up gas exchanges in India is going to be an expensive business
Find out why Details
Why is it a "buy" now for shares of Gujarat Gas?
8And a neutral for Indraprastha Gas?
8But a "buy" for Mahanagar Gas?
8Clearly, CGD dynamics play out differently in India
Click on Reports for more Details
8Find out how many paraxylene cargoes are headed towards India
Click on Reports for more Details
Here is a large Indian group, trying to get into the LNG retail outlet space.
8A consultant has been hired.
Click on Details for more. Details
It is a Rs 3400 crore gas pipeline
8Clearly, the timelines have been delayed. The PMC contractor RFQ was meant to come out in December, 2019
8Now it is slated for December, 2020
Click on Details for more Details
8Cairn's Rajasthan producing block seems to be facing a litany of woes
Find out what they are. Details
RIL claims it is making an all-out effort to start-up gas production in the East Coast
8Will it be forced to pull out the force majeure clause on its buyers?
Find out more Details
8Four liquid fuels, naphtha, FO/LSHS/ LDO and petroleum coke, all exuded different growth patterns in the aftermath of the pandemic
8Why so? Details
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