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All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.

Oct 2020

8A total of 8.36 lakh tonnes of chemicals are currently under processing by Indian terminals
Click on Reports for more Details
There is a very gloomy projection for LNG price behaviour in 2021
8It is backed with solid facts though there will be cynics
8Gas prices are going to plunge, unless here is a shutdown of some capacity
Click on Reports for more Details
8Find out how slowly but inexorably, customer focus even in a country like India may be turning towards electric vehicles
Click on Reports for more Details
New jobs are rare now in the oil & gas sector
8But here are a bunch of them available to apply
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8As an oil & gas enthusiast, would you like to sit through a government video conference that will have a far reaching impact?
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The PNGRB is trying to fix CGD tariffs under a cost plus formula
8But such a formula does not leave any incentive to improve efficiencies
 Find out more click on Reports. Details
The Chhara LNG project has great economics
8The cost is lower than others and a lot of the gas has already been tied up
8But is the project facing some funding constraints?
Click on Reports for more Details
Shapoorji Pallonji Oil And Gas Private Limited is undertaking the highly cash intensive construction of the ONGC's KG-DWN-98/2 FPSO.
8The FPSO is the most exensive piece of equipment ever ordered by the Indian oil & gas industry, and the winner was selected on a controversial single tender basis. 
8It is being built in collaboration with Bumi Armada
8Find out what is going on here, how is the cash flow being managed, and eventually will be able to stay out of trouble.
Click on Reports for more Details
One OMC has shut its refinery for regular maintenance shudown for a  month
8And that is going to impact crude flow
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8Get the as-of-late-last-week chemical import slate into India
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8Late last week data shows that one LNG vesssel meant for Cochin was cancelled
8And another one was lined up for later
8Strange goings on
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Many vendors in the oil and gas sector was also vendors to the fertilizer industry
8Here is an update on a Rs 6000 crore ammonia-urea plant, which is under very active tendering
8Then again, we have a Rs 250 crore ammonia-urea energy saving project, with an LSTK contractor likely to be released in December instead of October
Click on Details for more Details
This is an LPG pipeline expansion project
8Cost is Rs 1823 crore
Click here for more details on what is going on with its contracting and commisisoning Details
8Find out how a very recent petroleum ministry press release may help RIL buttress its argument while fighting the arbitration battle over its KG-D-6 block.
Click on Details  Details
8Find out why a vendor is peeved with ONGC's inability to clear bills on time
8And his billing is a massive $100 million.
Click on Details for more  Details
For reference purposes the website carries here the following tenders:
8Annual Maintenance Contract for Calibration of Portable Gas Detectors at refinery Details
8Cleaning of Sludge from ETP, Tank Farms and other areas of refinery Details
8Annual Maintenance Contract for Operation and Maintenance of Electrical System Details
8Supply and Integration of Pressure Transmitters Details
8Supply of Remote operated shut off valves Details
8Supply, Installation, Testing and Commissioning of SCADA System Details
8Hiring of service for establishing the integrity of Oil Pipeline Details
8Outsourcing of 3D seismic data acquisition in RJ-ONHP-2019/1 area Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's diesel sales rise above pre-COVID-19 levels in October - Industry data Details
8BPCL tries again to cut dependence on Middle East LPG Details
8Trial run of H-CNG powered city buses to begin in Delhi Oct 20 Details
8Massive fire breaks out in underground gas pipeline of ONGC in Gujarat Details
8Diesel sales out of quarantine, shoots past pre-Covid level in October Details
8Visakhapatnam Port Trust dedicates team to re-float stranded vessel Details
8Govt hopeful BPCL strategic sale to sail through without further extensions Details
8India set to lose Farzad-B gas field in Iran: Sources Details
8Chandigarh launches used cooking oil initiative to make bio-diesel Details
8Delhi: From tomorrow, 50 buses to run on fuel that’s cleaner than CNG Details
8Philippines' PXP Energy in talks with CNOOC on S.China Sea development Details
8Repos Energy to deploy 1k mobile pumps by year-end Details
8Vladimir Putin and Saudi crown prince discuss OPEC+ agreements and coronavirus Details
8Islamic State tells supporters to target westerners, oil pipelines in Saudi Arabia Details
8Saudi Aramco and SABIC reassess crude-oil-to-chemicals project Details
8OMCs continue to hold petrol, diesel prices across metros Details
8OPEC+ faces growing pressure to change course as ministers meet Details
You can also click on Newsclips for more   Details
What is going on with ONGC's KG-DWN-98/2 block where $5 billion is being invested.
8One well is producing, when are more wells likely to go on stream?
8The geology of the block is treacherous and so is the weather.
Click on Details for more Details
This is one demand cluster that somehow seems to have escaped the agonies that the rest of the industry is facing.
8Demand for gas is going up dramatically, better than ever before, and has reached 8 mmscmd.
8A a record number of new units are also coming up
8What is driving this growth?   Details
For reference purposes the website carries here the following tenders:
8Hiring of services for Operation and Maintenance (O&M) of DSV Samudra Prabha for three years under QCBS methodology Details
8ARC of Services for Transformer Oil Filtration in refinery Details
8Supply of Chlorinated polyvinyl chloride (CPVC) pipe and fittings for DMP 1 & 2 units Details
8Procurement of Electronic Tyre Killer Details
8ARC for Hydro Testing, Painting & Refilling of Argonite Cylinders & Inergen Cylinder Details
8Hiring of Integrated SHD & SJS for acquisition of 3D seismic data in following areas of A&AA basin Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Being in denial will not help, Arvind Kejriwal to Prakash Javadekar on stubble burning Details
8'EVs distant dream, India needs cleaner fuels to combat pollution' Details
8Bharat Petroleum tries to cut dependence on LPG from the Middle East Details
8Numaligarh Refinery inked pipeline right to use agreement with GAIL Details
8OPEC+ panel discusses weaker oil demand outlook, Libya supply rise, sources say Details
8BP raises $500 mln from sale of UK petrol station leases Details
8Saudi Aramco, Adnoc committed to $44 bn west coast refinery project: IOC Chairman Details
8Abu Dhabi Pension Fund, ADQ to invest $2.1 bln in ADNOC gas assets Details
8OPEC+ will ensure oil prices do not plunge again, says OPEC chief Details
8EOGEPL appoints Santosh Chandra as CEO Details
8Fitch expects marketing, refining volume of oil firms to fall 15 per cent in FY21 Details
8Canada's oil patch seeks government green aid to produce cleaner crude Details
8Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment Details
8Standard Bank lending to fossil fuel industries stands at $4 bln Details
8Call to reduce dependence on imported crude oil Details
You can also click on Newsclips for more   Details
It is fascinating to watch how the gas supply industry is evolving
8Pipeline gas is now not necessarily the most viable alternative
8LPG is making serious inroads
8But virtual supply networks are the most aggressive. And they are providing an unbeatable price advantage.
Find out what the cost economics are  Details
What is the latest on the Barmer refinery re-tender for the PP, SRU and MS blocks?
8Find out more on what we have heard Details
8This public sector company is emerging as a big pressure vessel supplier
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8Some of the jobs lost in the oil & gas sector may never get filled
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Vedanta is in a bit of a spot
8Its attempt to delist the company has run aground.
8Its oil & gas division is in a bit of a turmoil.
8Yet, the company has some un-rivalled advantages too for those who want to do business with it
Click on Reports for more Details
Total has placed a big order on a company for the Mozambique LNG project, in which the Indian trio of ONGC, OIL and BPCL are heavily invested.
8A big equipment order was placed by Total, the leader of the consortium.
8Militancy around the surrounding areas where the LNG project is coming up is just one of the worries
8There are other worries too
Find out more Details
8What should be the benchmark rate for transportation in the area under a CGD?
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There are two fertilizer projects
8Worth not much but worth monitoring
Click on Details for more Details
Now that the Arabian sea has become less rough, with GAIL trying to maximize deliveries at the Dabhol LNG terminal, with demand for LNG not moving up much, will the neigbouring terminals, particularly Shell's Hazira terminal will have to do with less traffic?
8With RIL's start up of 5 mmscmd of gas production, another about two cargoes of  LNG demand per month is likely to go off
8Already, the line up of vessels at Hazira seems to have thinned a bit
8Clearly, Shell, the owner of the terminal, itself must pick up more market share to be able to keep utilization levels high.
8And unless overall gas demand picks up rapidly, and in the light of new terminals coming up, it will clearly not make sense for Shell to raise its Hazira terminal capacity anytime soon.
Click on Reports for more. Details
The biggest importersf benzene and paraxylene in India  is RIL.
8Find out how much quantity it is importing over the coming days and from where
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8The petrochemical industry is to be impacted by the coming revolution in the automobile industry
Find out how and by how much
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An Indian research agency has successfully developed an eco-friendly crude oil bioremediation mechanism for crude oil spillage
8An intrepid entrepreneur can help market it, perhaps?
Click on Reports for more Details
This is a nearly Rs 4000 crore pipeline
8Equipment required are: line pipes, coatings, valves, actuators, scraper traps, Quick Opening End Closure (QOEC), pig signallers, Flow tees, insulating joints, induction bends, flow meters (metering stations), booster pumps, filters, ball valves, flanges, seamless fittings, globe valves, check valves, gaskets.
Instrumentation: SCADA, flow pressure, temperature gauges, transmitters, Optical Fiber Cables (OFC).
8Project Event: RFQ for mainline pipes and pumps is expected by December-2020. Earlier, it was meant to have come out in August.
Click here for more details (our software provides you the capacity to do an equipment wise search for future projects) Details
One set of complex exercises that gas suppliers can do to keep track of domestic demand for gas is to look at fertilizer imports, domestic capacity utilization of fertilizer units, and keep an eye on what kind of gas requirements can come up.
8The fertilizer sector is the largest buyer of gas in India, both independently of LNG and through the fertilizer pooled pricing mechanism.
8Accordingly, business development teams can be at work on the data that is thrown up by our site.
8But the website suspects that this amount of due diligence no one does, and the BD teams are reactive rather than proactive.
8Since there are a handful of sellers, even though it is a competitive market, no one really puts in the effort needed. The point to note is that the first mover will always have an advantage however imperfect the market is.
8There is no doubt that the industry is made up of monopolies, and gas distribution networks are limited, and all of this adds to the prevailing ennui.
Click on Reports for a full import matrix for fertilizers in the coming days. (Coupled with our dynamic indusrial facilities database in fertilizers along with our project monitoring software, a potent business development tool is available for the marketers of gas). Details
There is one good sign coming out of Indian LNG terminals
8Kochi seems to be showing a higher capacity utilization.
8From having no cargoes coming in for days, there are two cargoes now lined up and at a reasonably good time interval
8The vessels are not standard sized yet this is some good news for the industry
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The government thinks there is still a lot of punch left in the E&P sector
8DSF Round III is to be launched soon
8And the National Data Repository is getting filled up as more and more data becomes available
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India is trying to sell emerging E&P basins to the outside world.
 8But when oil prices are down, and there are better, more prospective basins available around the world, will there be takers?
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8There seems to be some disagreements cropping up at the field level between Rajasthan refinery and EPC contractors.
Find out what is going on. Details
8The design is ready for the world's first ship to run on compressed hydrogen
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The Indian start-up system got hit by COVID-19
8But the sector going to recover very quickly
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United tariffs for gas pipeline is a controversial subject.
8A lot of fireworks are expected when an open house takes place later this month.
8For those who are not fully updated, here is a complete brief, with the pros and cons highlighted in great detail
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There are 70 companies in all in the Indian E&P sector
8Both Indian and foreign
8As an E&P business development manager, do you keep a track on each of them and their activity
8The segment is down but not out
Click on Details for more Details
E&P business is now expected to flow from enhanced recovery schemes which are under fast tract by the DGH.
8Of the 17 ER proposals submitted, 6 have been approved by DGH including 5 proposals for ONGC fields and 1 proposal for 1 PSC field.
8And more are in the pipeline
Click on Details for more   Details
A new spatial map for gas pipelines will be helpful for those in the industry
The map provides for:
8Existing Pipelines
8Upcoming -North East Grid
8Under Construction pipelines
8New pipeline being laid
8Approved pipelines
8Existing LNG Terminal
8Upcoming LNG Terminal
Click on Details for more Details
Around 9 lakh tonnes of assorted chemicals are being imported into India over the next couple of weeks.
8Get the schedules and all accompalying details from us. 
Click on Reports for more  Details
There are three SPMs in Paradip refinery
8Crude unloading is happening only in one SPM and not in the others
8As many as four vessels with crude loads aggregating to over 1 million tonnes are on wait mode at Paradip
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Construction of U/G Tanks for MTO, Hexane and Speed-97 with associated Civil And Pipeline Works Details
8Expression Of Interest for supply of Denatured Anhydrous Ethanol at Oil Marketing Companies locations Details
8Steel Pipeline Laying and Associated Works Details
8Transportation of Packed LPG Cylinders by Road Ex Gonda LPG Bottling Plant Details
8Procurement of Power Control cables for BCPL Lepetkata Lakwa and Duliajan units Details
8ARC of Testing & Diagnostic Analysis of Lube Oil Samples drawn from Machineries installed in Compressor Station, LPG and C2C3 Recovery Plant Details
8AMC for Fire Water Network Maintenance, Water Spray Nozzle Dechoking, Isolation Valve Maintenance & Flooding System Cylinder Weighment Details
8Procurement of lighting consumables Details
8Procurement of Ultra Violet Germicidal Irradiations Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Diesel RSP in Delhi down Rs 2.93 per litre in Sept: Indian Oil Details
8Torrent Gas plans IPO by FY24; eyes acquisitions in CGD business Details
8Refiners crank up runs ahead of India's festive boost to demand Details
8Anil Agarwal plans to move $1 bn from listed Vedanta as loans Details
8Price deregulation of natural gas key for success of unified tariff regime Details
8Govt allows ADNOC to trade 50 pc of oil stored in Indian strategic reserves Details
8India, Arab countries can partner to develop oil, gas reserves: MEA Details
8Oil PSUs to float website to promote Aatmanirbhar Bharat Details
8Stubble burning contributes only 1% to Delhi's pollution menace Details
8US shale oil output to drop 123,000 bpd to 7.69 mln bpd in Nov: EIA Details
8Petrol, diesel prices remain steady on stable global oil prices Details
8Crude oil futures decline on low demand Details
8Despite green plans, energy sector's methane leaks are up: Kayrros Details
8EU considers binding methane emissions standards for gas Details
8Bangladesh to increase spot LNG imports because of rising demand Details
8UAE's ADNOC to explore clean energy expansion, CEO says Details
8OPEC+ to stick with plans to ease output cuts, says Russia's Novak Details
8Safety of Norway oil industry deteriorating during pandemic: regulator Details
8IEA says refining throughput set for quarterly rise Details
8Azerbaijan accuses Armenia of trying to attack pipelines, Nagorno-Karabakh tensions rise Details
8Oil holds gains on shrinking US stockpiles Details
You can also click on Newsclips for more   Details
This is a product pipeline
8Cost is around Rs 500 crore
8EPCM has been selected
8RFQs were meant to come out in August but they will now come in December.
Click here for more details Details
What is the long term outlook for demand for oil?
8COVID-19 has had a ferocious impact
8But a look at long demand shows not much of an increase
8This is something Indian E&P players must take into account, as it has all round implications, particularly when resource rich countries such as Saudi Arabia will seek to frantically exploit its reserves before demand dries up
Click on Reports for more Details
8The industry is abuzz with the news of a high profile entry to the list of candidates for the Petronet LNG post
Click on Details for more Details
8This bio refinery is trying to expand its capacity from 6000 to 20000 TPD
Click on Reports for more Details
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