COVID-19 and the crash in demand means that GRMs are the lowest levels in the last two decades 8But find out how refineries are cope rather well despite the downturn Click on Details for more
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Pipeline technology has made tremendous advances 8From using AI to alert you of third party interference in urban settings to diagnostics of pipeline integrity in deeply buried pipelines, the technology is advancing rapidly 8Up to 1000 meters of piping can now be inserted in urban settings without much of a fuss Click on Reports for more
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Dabhol is now fully functional. 8And it is loading up more vessels every week. 8And GAIL is no longer sticking to small vessel sizes. It is bringing in large sized vessels as well Click on Reports for as-of-yesterday LNG shipment data.
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Electric cars are now on the ascendancy, and the price gap with conventional cars is getting rapidly plugged. 8But what about hydrogen, not so such for cars but also as a fuel of the future? 8The bet is still out on whether the future is going to be entirely electric or it will be shared with hydrogen. 8India has been doing some good work on the hydrogen front 8Find out more on what is actually getting done here, and what does the future hold for hydrogen in India Click on Reports for more.
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Here is this ammonia-urea project that was meant to come up in January. 8Then the deadline was shifted to May 8And now it is going to be October, 2021 8So planners will have to account for one cargo less of LNG per month for about that long now. And by then if more domestic gas comes in as is likely, then this demand will evaporate too. Click on Details for more
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8What is the real meaning of allowing affiliates of producers of gas to buy gas? 8Why was the change made? 8And how will help? Click on Details for more
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The PIB notification on "Natural Gas Marketing Reforms" had been interpreted to mean that the two deepwater east coast blocks of ONGC and RIL-BP will be outside the preview of ceiling prices. The current ceiling price is $4.06/mbtu, way below the breakeven price of gas from these blocks 8The website has pieced together a startling finding. Click on Details for more
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For reference purposes the website carries here the following tenders: 8Piping & Structural Painting for LNG Process & Jetty Area Details 8Supply of Oxygen DetectorsDetails 8Procurement of Gas Detection Tubes Details 8Miscellaneous expenses incurred during various audits and weeks celebrated throughout the year Details 8Supply of Octylated Phenyl Alpha Naphthyl Amine Details 8Procurement of Steel Angle & Channels for ECU Details 8ARC for various types of valves installed at GAIL Hazira Compressor Station Details 8Design, Supply, Installation, Testing and Commissioning of Roof Top Solar Plant Details 8Contract for Corporate Point Of Presence for Operation of National Pension System Details 8Supply of Activated Alumina Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Andhra Industries Minister enquires about 'gas leakage' in Visakhapatnam Details 8No change in petrol, diesel prices for more than 10 days now Details 8Govt to set up inter-ministerial committee on energy modelling Details 8Total CEO reviews projects with Gautam Adani Details 8India moving 'cautiously' on oil refiner BPCL's privatisation: ministerDetails 8Haryana: State urges Centre to hike aid to set up biogas plants Details 8Germany warns Turkey to end "cycle of detente and provocation" in Mediterranean Details 8Russian companies settle row with Total over dirty oil supplies Details 8Middle East Crude-Benchmarks rise; NWS condensate strengthens Details 8Oil steady as rising coronavirus cases stokes demand concerns Details 8OPEC cuts 2021 oil demand forecast again as virus cases rise Details 8Pandemic could delay energy demand recovery to 2025: IEA Details You can also click on Newsclips for moreDetails
The Bargarh 2G ethanol bio-refinery greenfield project was awarded to Tata Projects. 8But progress has been indifferent for various reasons despite the fact that the project is located in the petroleum minister's home state. 8Find out what kind of RFQs are likely to come out. Click here for more detailsDetails
What is the latest on the Nayara Polyropylene project? 8There is a lot of a to-and-fro, but is one bidder emerging a winner? Click on Details for moreDetails
Updates are available here on two fertilizer projects 8One is for an ammonia tank storage tank, where technical bids have been opened but final evaluation is ongoing. Three companies are in the race, find out who they are. 8Then there is a Rs 220 crore fertilizer expansion, where bid submission date for an EPC contractor has been extended Click on Details for more
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There is a lot of data now available on peak oil, peak gas and various demand and supply scenarios in the aftermath of COVID-19 8But climate change is going to be the main driver here. 8Here is a set of data points that the industry will find very helpful. Click on Report for more.
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HPCL Shapoorji Energy Private Ltd (HSEPL) is developing a new LNG terminal at Chhara. 8Covid-19 did hit work at the terminal. 8Find out when is it likely to be commissioned.
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Beyond pricing and flexibility conditions, offsetting carbon content has become an attribute buyers are beginning to value. Last year Tokyo Gas and GS Energy purchased the first carbon-neutral LNG cargoes on the market from Shell, where the carbon content of the fuel was offset. 8This was followed by a delivery to CPC Corporation in March 2020 and CNOOC signing for receipt of two cargoes in June 2020. 8Also know more on what kinds of pricing and flexibility conditions are now in vogue for LNG Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Expression Of Interest under National Competitve Bidding for 220kv Overhead Line Reliability Improvement Project Details 8Procurement of Metal Tank for Transformer Oil Storage and FiltrationDetails 8Design, Supply, Installation and Commissioning of Variable Speed Drive Details 8ARC for Painting of Above Ground Terminal Pipelines Details 8Procurement of Auto Distillation Apparatus Details 8Rerouting of Pipelines Details 8Annual Rate Contract for supply of Liquid Nitrogen Details 8Hiring of Third Party Inspection Agency for inspection of Offshore RigsDetails 8Block chain based Contract Management system for Gas Sales MarketDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8DGH invites agencies for gas price auction Details 8Vedanta delisting fails; company to return all the shares tendered Details 8India sees Kuwait as trusted partner in achieving energy security: Pradhan tells Kuwaiti oil minister Details 8Visakhapatnam allege gas leak, factory officials say no such incident Details 8Puducherry: Cooperative Building Centre to supply fuel for govt vehicles Details 8Telangana: Govt plans to set up fuel stations at interchanges on ORR Details 8BPCL plans to raise engine oil market share to 13-14 pc by Mar Details 8Kerala: BPCL begins supply of liquid oxygen free of cost to govt hospitals in Ernakulam dist Details 8Gujarat: CBI court discharges oil company officials Details 8Petroleum Minister Dharmendra Pradhan seeks Kuwaiti investments in IndiaDetails 8Omega Seiki, FITT join hands to work on EV technology, research Details 8Oil prices steady amid return of supply, while COVID-19 lockdowns tighten Details You can also click on Newsclips for moreDetails
The Indian shipping market is subject to global trade winds. 8But the turmoil is hitting different shipping segments differently 8So those with a diversified fleet stand a better chance of surviving the storm Click on Reports for more
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The following companies have crude vessels unloading at berth 8Mundra: HMEL 8Sikka: Two berths, Reliance and Bharat Oman Refinery 8Vadinar: IOCL 8Mumbai: Waiting, HPCL 8New Mangalore: MRPL 8Cochin: No vessel at berth 8Chennai: No vessel at berth 8Vizag: At encourage, HPCL 8Paradip: One vessel at berth (IOCL), with for waiting Click on Reports for more
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There seems to be far too many holes in the procurement process for five 2000 HP VFD rigs by Oil India Ltd. 8The specifications have been entirely copied from a similar tender for rigs by ONGC without taking into account the entirely different ground situation existing at present. 8The point to note is that ONGC's tender did not really succeed as it failed to attract the reqisite number of bidders. 8What is also not taken into account is the fact that the Chinese cannot be qualified, something that OIL has to take into account as almost all its rigs for the past decade had been of Chinese maket. 8The website highlights a plethora of issues with the OIL procurement programme for new rigs which have been thrown up, and for which bidders have sought clarifications. Click on Details.Details
EIL has been able to manage a licensor-cum-engineering design job for a NRL unit 8The NRL brass is under severe criticism from EIL and other government quarters for refusing to cut more slack for this public sector engineering major while the refinery itself stays dependent on government doles. Click on Details for more.Details
Iranian LNG exports to China will eventually be the cheapest source of gas in the globe. 8There are many elements to the Chinese strategy that India can adopt Click on Reports for more Details
For service and equipment providers for the downstream industry, there is likely to be more business going ahead 8Here is this group that is planning to raise refinery throughput by 65 MTPA 8And push petrochemical capacity by an extra 6 MMTPA Click on Details for moreDetails
As for crude vessel line-ups, BPCL and HPCL have been able to curtail the waiting of vessels in Mumbai. 8Paradip in fact has no vessel at berth, all vessels are on waiting mode 8Kochi has a vessel waiting Click on Reports for moreDetails
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project 8Cost - Rs 75 crore 8Project Event:State approval is still awaiting, an approval is likely to be elicited in November 2020. The environmental clearance has been elicited in September 2019. RFQ for the contractor is likely to be release in December 2020. SSP Expansion Project 8Cost - Rs 15 crore 8Project Event: The project is still waiting for the approval of state and central government, the project authorities said that RFQ for the contractor is likely to be released in December 2020.Details
This is a Rs 1126 crore refinery related project 8And a PMC requirement will come up in Q-1, 2021 8There are some environment related issues invovled Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Empanelment of Design & Engineering Consultants for Onshore Engineering Services Details 8Surface Facilities and Gas Pipeline at GCS Gamnewala at RKOE AssetDetails 8Appointment of Primary, Industrial and Rural Lube Distributors for locations in North India Details 8Expression of Interest for supply of Bio-diesel produced from used Cooking Oil Details 8Security and Allied Service Contract at LPG Import Terminal Project Details 8Annual Contract for Operation and Maintenance of PMCC at LPG Bottling Plant Details 8Procurement of Motor Spares for PP Unit Propylene feed pump at refinery Details 8Inspection recommendation and other miscellaneous job during Opportunity/ Idling shutdown of HGU-1/2 in new unit at refinery Details 8Supply of Mechanical Seal Spares Details 8Electromagnetic Acoustic Transducer Inspection of Boiler Tubes at refinery Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8ONGC sells Dec-loading Russian Sokol crude at spot discount, sources say Details 8Oil ministry wants PSUs to build 50,000 houses for renting to migrant workers Details 8Oil minister Dharmendra Pradhan leaves for Kuwait to offer condolences Details 8Cess reduction to benefit upstream oil and gas companies: India Ratings Details 8North India's first Compressed biogas plant to go on steam in March Details 8Diesel gensets banned in Delhi-NCR from October 15 as GRAP enforced Details 8Adani Gas cuts CNG, PNG prices Details 8Fitch affirms Hindustan Petroleum at BBB-minus with negative outlook Details 8OIL begins seismic survey in Andaman offshore after 3 decades Details 8ONGC to look at HPCL, MRPL merger post-June 2021 Details 8ONGC sees Rs 6,000-7,000 crore loss on gas business Details 8Government considering changing price formula for domestic natural gas: ONGC chairmanDetails 8GLOBAL LNG: Asian LNG prices rise on firm demand Details You can also click on Newsclips for moreDetails
A feasibility study for a petrochem expansion saw this particular consultant bid way lower than its competitors. 8After losing a string of contracts, it is now trying to win them at any cost Click on Details for moreDetails
It is difficult for an upstream country manager to switch to the downstream sector? 8The E&P manager is a tough cookie, a man of all seasons. In that sense, an E&P manager can perhaps fit into the role of a downstream manager easier than a downstream man trying to switch segments. 8With orders drying up in the E&P segment, will this become a trend of sorts? Click on Details for more.Details
The Federation of Indian Petroleum Industry is an industry lobbying body 8But the problem is besides writing the occasional letter of demand to the government, it has little else to do. 8There is an occasional seminar or conference attended by VIPs. That has limited impact. 8But what the federation can do is to leverage its membership to provide data centric insights, laced with analysis, into the petroleum sector, and that can only happen if its members cooperate and share data with it. 8Even its demand notices, if each demand is highlighted with data and insights, that will help its cause, and will make the job of the bureaucrat easier when trying to correct the attendant policy anomaly. 8Insightful data is in severe short supply in India. And there is a gap which the federation can plug just like the American Petroleum Institute does. 8Or else, its publications -- essentially putting together public domain information -- will continue to remain placid. 8If members continue to use the federation as a empty lobbying body, then expect nothing else from it. Click on Reports for more. Details
What is the latest on ONGC's Pipeline Replacement Project-7? 8Last head capital approval was not granted 8But there has been some movement thereafter, we have heard Click on Details for moreDetails
NPK-DAP Greenfield Project 8Cost - Rs 987 crore 8Project Event:The DPR preparation is ongoing, RFQ for the EPC contractor is likely to be released in December 2020. Phosphoric Acid Greenfield Project 8Cost - Rs 10 crore 8Project Event: The proposal has been accepted by SEAC and proposal for the environmental clearance has been submitted to MOEF in June 2018. The procurement work is ongoing for the contractor and construction is likely to be started in Jan 2021.Details
80.8 million tonnes of assorted chemicals are slated to come into Indian ports over the next few weeks 8Get the full slate here Click on Reports Details
For reference purposes the website carries here the following tenders: 8Procurement of 24V DC SOVs at refinery Details 8Procurement of Bio-Diesel produced from used Cooking OilDetails 8Expression Of Interest for supply of around 21 Crore Litres of Denatured Anhydrous Ethanol at Oil Marketing Companies Details 8Lining up of Agency for carrying out Hazop Study of all Process Units Details 8Procurement of Carbon Tank for VOC at refinery Details 8Procurement of Gas And Liquid Moisture Probes for On-line Moisture Analyzer at refinery Details 8Procurement of Centrifugal Pump Spares Details 8Thickness Survey Jobs at Offsite Utilities Area of refinery Details 8Supply of Triple-off Set Butterfly Valves Details 8Hiring of Gas Dehydration & Hydrocarbon Dew Point Depression Systems Details 8Charter Hire of 90 MT Drilling Rig with Integrated Mud Services & METP with Manpower for a period of 2 years for CBM Asset Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Five-year high: Early spurt in Punjab farm fires Details 8What new gas pricing norms will mean for IGL, Mahanagar Gas Details 8ONGC to explore oil, gas at Bikaner; block allocated for 3 yearsDetails 8OIL begins exploration in Andaman sea Details 8Closing week without change in petrol, diesel prices Details 8Standard e-bidding route for gas credit positive : Moody's Details 8Govt allows Reliance, others to sell gas to affiliates; marketing freedom to benefit Cairn, Focus Details 8Total launches sale of resins business: sources Details 8Foreign-backed consortium in talks for Petrobras gas fields in Brazil Details 8Oil prices pause in week-long surge as Norwegian strike drives strong gains Details 8OPEC, in major shift, says oil demand to plateau in late 2030s Details You can also click on Newsclips for moreDetails
Vedanta's delisting exercise is being tagged as unfair by observers 8The company had claimed that in its oil business, at Brent Oil Price of $40 per barrel, it gets an IRR of 35%. So the impairment effected on its oil & gas assets is unjustified. 8Then again, based on the market cap of Hindustan Zinc Ltd, its value as embedded in Vedanta is Rs 55,000 crores, translating into Rs 148 per equity share, almost 70% higher to Floor price and 65% higher to book value. 8And when taking into account all other elements the share price tag should have been way higher Click on Reports for more Details