How much oil can the world realistically add now that demand has surged? 8There can be a scary conclusion ahead: that demand can outstrip supply even when all oil wells are pumping at full strength Click on Reports for more
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Hydrogen will not be the preferred fuel for vehicular industry 8A recent study has confirmed 8Also, India is not a signatory yet to the methane emission global pack 8Then again, India becoming a global hub for hydrogen is not more than a pipe dream as of now 8Further, get a full report card on ethanol blending in India here Click on Details for more
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For reference purposes the website carries here the following tenders: 8Supply of MDPE Pipes Details 8Provision of Catering, House Keeping & Facility Management/ Maintenance ServicesDetails 8Procurement of Safety Caps for LPG Plants Details 8Bunker Supply of White Oil Details 8Bunker Supply Survey at Kochi Details 8Annual Maintenance Contract for Fire Extinquisher for Onshore blocksDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Reliance tops India Inc in World's Best Employer rankings 2021 Details 8International Energy Agency revises up oil demand forecasts for 2021, 2022 Details 8Oil prices rise to three-year high on back of supply deficit forecasts Details 8OPINION: Global oil market is tight, despite what producers say Details 8U.S. drillers add oil and gas rigs for sixth week in a row - Baker Hughes Details 8Fuel price hike: Petrol, diesel prices rally to highest ever levels Details 8China looks to lock in U.S. LNG as energy crunch raises concerns Details 8Essar submits planning application for hydrogen production plants Details 8Global stocks extend rally on earnings; Brent oil hits new peak Details 8Air Pollution: Data shows Delhi's air quality deteriorates to 'poor' Details 8Cong slams 'catastrophic mishandling' of economy, asks Centre to reduce excise duty on fuel Details 8Fuel rates hiked again, petrol at Rs 105.84 per liter in Delhi Details 8Oil prices climb to highest in years as COVID recovery, power generators stoke demand Details 8Indian agri waste recycling project wins Prince William's Earthshot Prize Details 8Climate change a double blow for oil-rich Mideast, say experts Details 8Congress leader Rahul Gandhi slams govt over rising fuel prices Details 8Karnataka Chief Minister Bommai hints at reducing taxes on fuel Details 8Sri Lanka to obtain $500mn loan from India to keep fuel supply continue Details 8Accelerate action to achieve net zero transport emissions: UN summit Details 8Fuel price hike: India's diesel sales fall in October, data shows Details 8Petrol, diesel price hiked again; cost 30 per cent more than ATF Details 8India has right to 30% stake in Iranian gas field even after contract to local firmDetails 8FinMin to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEs Details 8Three-year high crude oil price to boost ONGC profit by 124 per cent: Report Details You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8Mechanical Job for Installation of Pumps and Associated Piping Details 8Carrying out MES-Documentation ServicesDetails 8Expression of Interest for Empanelment of Advertising Agencies Details 8Refurbishing, Erection & Commissioning of 2x24 Station Electronic Carousel & its all up/ down Stream Facilities Details 8Supply of Vibratory Hose Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil falls on fears faltering economic growth to hit demand Details 8Why India & world are facing sudden energy crisis Details 8Wake-up call ahead of COP26: No new oil, gas, coal extraction projects Details 8Coal shortage: How power crunch may affect non-power industries Details 8A closer examination of India’s inflation story Details 8ONGC dominates India's latest upstream bid roundDetails 8Crude oil futures dip on weak spot demand Details 8ANALYSIS: Brent crude oil price may rise to $85.04 per barrel Details 8India's September fuel demand steady, rising oil prices cloud outlook Details 8Oil rises on expectation high natural gas to drive switch for heating Details You can also click on Newsclips for moreDetails
On account of Dusshera, our staff is on leave 8We shall offer a leaner edition today and tomorrow and come back with vigour on Monday Click on Details Details
For reference purposes the website carries here the following tenders: 8Bottom Loading Rates for Rajasthan, Madhya Pradesh and Maharashtra Details 8Expansion of Fire Water Pipe Line and Allied WorksDetails 8Supply of Earthing Relays Details 8Carrying out SOP and Club HP audit at retail Outlets across India Details 8Upgradation of Terminal Automation System at Visakh new LPG Terminal Details 8Transmission line at BadaunDetails 8Pipeline Intrusion Detection System for Mumbai-kota Section of Mumbai-Manmad-Bijwasan Pipeline Details 8Procurement of Y-type and CS Basket Type Strainers for all India locations on ARC BasisDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Andhra Pradesh: Fuel price hike weighs on RTC's stressed revenues Details 8Petrol, diesel price rise pause after a week of increase Details 8Asia crude oil imports stay soft, but Middle East is regaining share : Russell Details 8Fuel prices to pinch harder as crude tops $83/barrel Details 8RIL is metamorphosing again to tap 'new oil'; and that's not data Details 8Oil steadies as energy crunch stirs up volatility, recovery concerns Details 8Only 3 bidders for 21 oil, gas blocks; Vedanta, Reliance stay away Details 8Looking forward to working with India to make it energy independent by 2047: ExxonMobil leadership Details 8Govt promoting ethanol production in a big way: Nitin GadkariDetails 8Extraction of natural gas and oil not mining activity, experts call this move of NBWL regressive Details 8Stocks that may gain or lose as crude oil hits multi-year highs Details You can also click on Newsclips for moreDetails
8Cost - Rs 6000 crore Find out who the L-1 bidder was for the Instrument Air System & Plant Ammonia-Urea Energy Saving Project 8Cost - Rs 250 crore 8Project Event: The feasibility studies are still ongoing, which is likely to be completed in November 2021, RFQ for the LSTK contractor is likely to be re-released in Q3 FY 2021. Ammonia-Urea Annual Maintenance Project 8Cost - Rs 20 crore 8Project Event: The NIT preparation is ongoing, RFQ for a registered maintenance contractor is likely to be released in December 2021. Ammonia-Urea Annual Maintenance Project 8Cost - Rs 20 crore 8Project Event: RFQ for the different registered maintenance contractors is likely to be released in January 2022 Details
Get the daily updates for 8LNG 8Crude 8Chemicals 8Fertilizers 8LPG 8Ammonia 8All tankers 8Bulk and dry cargoes 8Port updates Click on Reports for more
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Procurement from Chinese companies have become troublesome 8What if you procure a part of a product from China? Will that have to be registered? 8What if you procure an entire equipment? Click on Reports for more
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High oil prices should have provoked an interest in E&P assets 8But that does not seem to be the case in India 8Is India running out of E&P properties? Click on Details
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Here is a group that that is setting up a 5 Mw green ammonia project in India 8And it has also just awarded a big contract to an oil & gas technology supplier Click on Details for more
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Cairn has 666 sq km of greenfield hydrocarbon acreage in a frontier basin 8And a Rs 200 crore plan 8There is a drilling plan for 7 wells Click on Details for more
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For reference purposes the website carries here the following tenders: 8Procurement of Video Scope/ Bore Scope along with probes and accessories Details 8Surface Facility for development of Well GailiyanaDetails 8Hiring of pest control services Details 8EPCM Consultancy Services for 500 KTA PDH-PP Project Details 8Procurement of Antioxidant Details 8Design and maintenance of Integrated Alkali Surfactant Polymer Injection Plant with raw water treatment facilitiesDetails 8Supply of Incoloy Grade Pipe Flanges Details 8Requirement of Incoloy pipe fittings Details 8Operations, Maintenance and upkeepment of Electrical and Fire Fighting System Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India well placed for swift recovery, oil prices a concern: Finance Ministry Details 8Five reasons why global oil prices have jumped to 3-year high Details 8India liberalises petrol pump licensing norms Details 8International Energy Agency invites India to become full-time member: PuriDetails 8India's govt says volatile crude oil prices pose concerns for economy Details 8‘Mineral water is costlier than oil; petrol taxes fund Centre’s ‘free’ Covid-19 vaccines,’ says Petroleum Minister amid fuel price hike Details 8Diesel hits Rs 100/litre mark in Kerala, Karnataka Details 8Oil drives Indian rupee lower, 10-year yield to 18-month high Details 8NTPC, Gujarat Gas 'blend' hydrogen for homes Details 8Asian markets down on concerns over inflation, energy crunchDetails 8Oil price falls after blistering run amid global energy crisisDetails 8Indian Oil defers maintenance shutdown of units at Haldia Details You can also click on Newsclips for moreDetails
We have intensified our coverage of the petrochemical sector in our sister site, www.indianpetrochem.com. 8It started off as India's largest pricing site, where we provide daily chemical, petrochemical, fiber and rubber prices across the country. 8But we dug deeper into the companies behind these segments and figured that even during COVID they did well, thereby underlining the fact that the fundamentals in India are very strong 8In areas like specialty chemicals, there are Indian companies that are big global players. And they are also getting bigger and more ambitious, many of them have big capex plans which EPC and PMC players in the oil & gas space can look at now 8To begin with here is a conference you can attend, click on Reports for more 8The website will keep you posted of large capex plans in these areas, by reposting some of the material in indianpetrochem here, but ideally, for more mileage you should subscribe to that site too Click on Reports for more
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Heurtey Petrochem India was taken over by the Axens Group, and it is into designing, procuring, and manufacturing of furnaces, waste heat recovery units (WHRU), furnace studies and revamps, spare parts, technical support, and training. 8Though it has the support of the Axens Group, a French multinational, it has, after the takeover, ended up with a weak financial profile, with declining revenues since the past three years, coupled with losses at the operating level and weak coverage indicators. 8Those dealing with this company must stay informed of these developments Click on Reports for more
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Shell's Hazira LNG terminal is showing up two more cargoes lined up for unloading 8One for delivery on the 14th and another for the 19th 8For now these are the two cargoes record for the rest of the month 8PLL's Dahej terminal is also showing a shorter list of cargoes but as the month proceeds, more cargoes are likely to show up 8The spot price hike is constraining LNG imports of the short term, spot variety Click on Reports for more.
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An oil & gas technology supplier has bagged India's first big sized commercial hydrogen plant contract 8This looks like the beginning of a whole new game in the Indian new technology market 8Find out others who are going this route Click on Details for more
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Going hydrogen is the new mantra 8So here are some calculations on use of hydrogen in India by the year 2020 8What kind of cost are we looking at 8And what kind of hydrogen use is possible Click on Reports for more.
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Get the daily updates for 8LNG 8Crude 8Chemicals 8Fertilizers 8LPG 8Ammonia 8All tankers 8Bulk and dry cargoes 8Port updates Click on Reports for more
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Ammonia Storage Tank Greenfield Project 8Cost - Rs 100 crore 8Project Event: Toyo engineering was the single bidder for the 10000 MT double-wall supply with associated facilities on an LSTK basis. The purchase of equipment and services is still ongoing, construction is likely to be started at the end of October 2021. 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, are still ongoing, RFQ for the LSTK contractor is likely to be re-released in November 2021. Click on Details for moreDetails
42 of the world's largest oil companies will generate a trillion dollars of cash if prices keep tracking above a US$50/bbl 8At 80 dollars the intake will be even more 8Some of it will eventually get into spending in oil & gas 8And this is good news going ahead for vendors in the business Click on Reports for more.
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A PMC tender was out for this shallow water block 8Find out what is the mandate of the PMC 8There was a very good response for the tender 8The point to note is the PMC is essentially man-hour dependent with no attendant risk involved, so ordinarily, there is a big response Click on Details for more.
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A pre-bid meeting was held for ONGC's first big offshore order post-COVID, the Pipeline Replacement Projec-Phase 7 (PRP-7) 8Find out who attended the meeting 8The project cost can be as much as $375 to $400 million. 8If you are a potential vendor, it is about time you get an RFQ from these bidders as they prepare to put in their bids. If not, then you should get in touch with them right away Click on Details for more
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For reference purposes the website carries here the following tenders: 8FMS Services at HPCL Pan India Marketing Locations and Vizag Refinery Details 8Rate contract for supply of Liquid Nitrogen in tankersDetails 8Supply and Installation of LNG Station Package at the existing retail outlets Details 8Procurement of Green Hydrogen Electrolyser System Details 8Rate Contract for Operation and Maintenance Contract of RODM, CPU and old DM Plant Details 8Road transportation of Packed Lubricants/ Greases/ Specialities in ISO type container trucks Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8PM silent on inflation, fuel prices, 'murder of farmers': Rahul Gandhi Details 8Need to boost biofuel production to reduce dependence on import of crude oil: GadkariDetails 8Oil price gains as energy demand rises; WTI tops $80 per barrel Details 8Diesel crosses Rs 100 mark in Mumbai, fuel prices up again Details 8Global oil demand seen returning to pre-pandemic levels within a year: Moody's Details 8Reliance Industries buys REC Solar for $771 million Details 8EV charging stations, CNG outlet at petrol pumps before petrol sales: Govt Details 8Fuel prices hit fresh record high, increase for 6th straight day Details 8Brazil's Vibra buys 50 per cent stake in energy trader Comerc Details 8Vietnam approves new $2.3 bln LNG project Details 8Kremlin says Russia does not use energy resources as a weapon Details 8Oil rises 4% in week as energy crunch shows no signs of easing Details 8U.S. drillers add oil and gas rigs for fifth week in a row -Baker Hughes Details 8Petrol, diesel prices rise again on fresh surge in global oil prices Details 820 years later: India's CPSE privatisation off to 'Maharaja' start Details 8Flagged our concerns on high petrol taxes; up to govt to take decision: RBI Gov Details 8Ethanol blending with petrol seen at 8.3 per cent in 2020-21; blending achieved across states Details 8Crude oil futures rise on spot demand Details You can also click on Newsclips for moreDetails
Six development wells are coming up that will bring about an incremental 0.265 mmsmcd of gas 8Cost: Rs 180 crore 8RFQs will be ahead after a time lag Click on Details for more
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HPCL Rajasthan Refinery Ltd's crude pipeline offers a lot of business development opportunities for vendors 8It is a big cross-country, 486-km long pipeline And one stretch has been awarded already
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Get the full details of Cairn India's plans for the Tinsukia OALP block 8If everything goes well, the total spend can go up to Rs 240 crore Click on Details for more
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Arcelor Mittal Nippon Steel India Ltd has canceled one cargo of LNG that was slated to arrive tomorrow at Shell's Hazira plant 8As per data available with us, Shell Hazira has one cargo at berth, again for the steel giant, and no other cargo in sight. 8As of tomorrow, the Hazira terminal will have zero cargoes lined up 8This is perhaps an unprecedented situation Click on Reports for more
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Even as terminals in India suffer from low capacity utilization, another LNG terminal is coming up 8This is by a reputed Indian promoter 8Expected RFQs ahead Click on Details for more
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Is Oil India Ltd preparing for a round of Production Enhancement Contracts? 8There is intense pressure from New Delhi on Duliajan to do so 8If so, which are the fields that can be on offer? Click on Details for more
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There are vast changes coming in the specifications of offshore vessels. 8This is an attempt by ONGC to bring vessel specifications up to international standards Find out what these changes are.
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It was generally expected that W.R. Grace would be the licensor of this mega downstream project 8Instead, it turned out to be someone else Click on Details for more
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For reference purposes the website carries here the following tenders: 8Hiring of Security Services Caretaking and Loss Prevention at HCS and Terminal Details 8Procurement of various Insurance CoverDetails 8Procurement of Pressure Control Valves Details 8Annual Rate Contract for Operation and Maintenance Assistance Services Details 8Procurement of Hydrogen Gas on ARC Basis Details 8Hiring of Cementing Services Details 8Hiring of Wireline Logging and Perforation Services for Drilling & Testing Programme Details 8Supply of Calibration Gases Details 8Supply of Nitrogen Cylinders and Regulators Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Step up actions to reduce methane emissions: IEA to nations Details 8Shell flags $400 mln hurricane hit, but boost from soaring prices Details 8BPCL Privatisation: SEBI unlikely to exempt open offers for Petronet, IGLDetails 8Crude oil futures dip on weak spot demand Details 8Oil climbs on switch from gas and doubts over U.S. releasing reserves Details 8Brazil first post-pandemic oil auction finds very few buyers Details 8No firm tally of how much oil leaked off Southern California Details 8Oil companies ask Canada to pay for 75 per cent of carbon capture facilities Details 8BP wins over Greenpeace in North Sea oil court case Details 8Fitch expects natural gas prices hike to boost the profitability of upstream oil companies Details 8Moody’s affirms Oil India rating, upgrades outlook to Stable; Stock up 1% Details 8What's behind the demand for Indian high-yield dollar bonds? Details 8Centre dismisses fears that ethanol plan would affect food security, says it would benefit farmers Details 8Diesel price hovers near 100-mark in Mumbai, petrol at Rs 109.54 per litre Details 8Oil companies ask Canada to pay for 75% of carbon capture facilities Details You can also click on Newsclips for moreDetails