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Oct 2020

In a show of flexibility, the PNGRB is saying that its regulations are not etched in stone
8And the they are subject to change.
Click on Reports for more Details
OIL is currently collecting 8400 LK of 2D seismic data in its OALP-III blocks AN-OSHP-2018/1 & AN-OSHP-2018/2.
8Overall, over the next 3 years, find out how much seismic data OIL will collect for its OALP blocks
Click on Reports for more Details
Even OPEC is now accepting that 2019 was a watershed year for peak oil
8And demand will take a long time recovering
8OPEC too sees peak oil coming.
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Among 25 top anthropogenic SO2 emitting countries in the world, India is right on top
 8It is a colourless gas that is poisoning our air and health. Breathing SO2 increases the risk of health conditions including stroke, heart disease, asthma, lung cancer and premature death.
 8The single biggest source of SO2 is from burning fossil fuels, including coal, oil and gas.
 8Dangerous levels of SO2 pollution are often found near coal-fired power plants, at oil refineries and in areas that are dominated by heavy industry.
 8Find out where the hotspots are in India and try and avoid living in them
Click on Reports for more Details
A total of 2246446 cubic metres of LNG is headed towards India within the next couple of weeks
8A total of 18 cargoes are coming in.
Click on Reports for more Details
The waiting for crude vessels have been brought down to the optimal for all Indian refineries
8But Paradip has been a problem all along
The loading ports for Paradip are
-- Louisana
-- Galveston
-- Ras Tanura
-- Basrah
-- Zirku Island
Click on Reports for more Details
When the ceiling price announced by the government for the coming months went below the breakeven cost of $10 billion worth of KG Basin investments in gas blocks by ONGC and RIL-BP, the government woke up very quickly.
8And took decisive action to free up both the marketing and pricing of gas. Affiliates will be allowed to pick up gas, according to new marketing norms.
8It looks like RIL may pick up the gas to fire its refinery-cum-petrochemical complexes if others do not pay the right price for KG Basin gas. And perhaps trade the ethane it is picking up from the US elsewhere in the world, if the need arises. 
8The way the rules have been changed, RIL may end up standing guarantee for a good chunk of KG Basin gas in case prices dip below breakeven levels. 
Click on Reports for more. Details
8The LNG trading and virtual network solutions are getting more movement in India now
8New players are wading in
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Being a monopoly, GAIL had never really had to care too much about its customer base
8But that fact is changing now
8The gas major is slowly turning customer centric
Click on Reports for more on that gameplan Details
8The fight for control of three CGD entities took a different turn when the regulator called the operator's bluff
Click on Reports for more. Details
8If you are looking at economic data to decipher what the trend is going to be going ahead, here is a lot of data.
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A call has gone out for LNG producers to invest in downstream segments.
8There is an opportunity there for Indian players
8Get a full matrix here of what is up with the industry these days
Click on Reports for more Details
There are many LNG liquefaction terminals around the world
But as of now LNG cargoes are coming in from the following terminals
8Soyo
8Bonny
8Das Island
8Ras Laffan
8Qalhat
8Barrow Island
8Zeebrugge
A cargo is coming into Cochin, after a long gap as the terminal has low capacity utilization, brought in of course by PLL but we do not know yet what the origin is of this cargo
Click on Reports Details
Ammonium nitrate and nitric acid plant
8Rs 1375 crore
8PMC RFQ in December, it was meant to have been released in August
Click on Details for more Details
This is a Rs 10,000 crore ammonia-urea plant.
8In the private sector.
8Negotiations were on for a contractor who would also provide equipment funding
8But COVID and other developments have put it on hold for now
8Management claims work will restart in December.
8Get an update here.  Details
For reference purposes the website carries here the following tenders:
8Supply Installation Erection Testing and commissioning of 30 KLD Effluent and 5 KLD Sewage Treatment Plant at LPG Bottling Plant Details
8Supply of Mechanical Seal Spares Details
8Supply of Gate Valve with Motorized Actuator for Naphtha Cracker Expansion Project Details
8Supply of Conveyor Chains Details
8Supply of Pneumatic On-Off Valves Details
8Procurement of Triple Offset Butterfly Valves Details
8Procurement of Bearing Heater Details
8Procurement of Methanol Details
8Supply, installation and commissioning of LEL System Details
8Laying Fire Water Network at Suveli Details
8ARC for Operation & Maintenance of Pet Coke Handling System Details
8Rate Contract for Procurement Industrial Gas and Services of Industrial Gas Cylinders Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8No change in petrol, diesel prices for 5th consecutive day Details
88 injured in major fire at IOC petrol pump in Odisha Details
8Cabinet approves reforms in natural gas marketing Details
8Govt puts gas under standard bidding route for transparent price discovery Details
8RIL, ONGC arms can bid for gas under new marketing policy Details
8Dharmendra Pradhan orders probe into Bhubaneswar fuel station blast Details
8Venezuela sends two more of its own oil tankers to deliver exports: data Details
8Despite shift, energy giants fall short of UN climate goals: study Details
8Trump administration rejected most royalty cut requests from drillers this spring: GAO Details
8Cost of oil, gas projects in Norway rise amid COVID-19 pandemic Details
8Storm-weary offshore energy firms prep for massive hurricane Details
8Polish watchdog fines Gazprom $7.6 bln over Nord Stream 2 gas pipeline Details
You can also click on Newsclips for more   Details
As-of-yesterday, we have data on 6.4 million tonnes of crude coming in in the next few weeks
8The full matrix is here with us
Click on Reports for more Details
The full chemical import matrix coming up ahead is available for the following ports
8Kandla
8Sikka
8Pipavav
8Dahej
8Mumbai
8JNPT
8Goa
8Ranpar
8New Mangalore
8Cochin
8Ennore
8Vizag
8Paradip
8Haldia
8Ex-Kolkata
Click on Reports for more Details
Work on this particular bio-refinery is progressing well
8Cost is Rs 950 crore
8Find out what kind of equipment requirements is coming up
Click here for more details Details
BHEL is a serious bidder for OIL rigs
8But it does not have the expertise on its own, so it has advertised for collaborations.
Find out more Details
There was a long list of vendors who attended the OIL pre-bid conference for the purchase onland rigs.
8The OIL team was bombarded with all sort of questions
8Find out who attended the meeting Details
Find out more on how EIL got manoeuvred out of NRL contracts.
8Know more on what the public sector engineering major could have done but did not
8And how a wily NRL MD kept EIL at bay.
Click on Details for more Details
Vedanta has been doing some sleigh-of-hand work around Cairn India
8Will that impact cash flows?
8And the ability of the company to pay vendors?
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There is a $6 billion refinery coming up in Myanmar
8And IOC is the moving force?
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Work is going on in the Dhamra LNG project
8An EPC was just awarded
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Open access in CGD network may unleash quote a bit of competition eventually
8If the rules are properly framed
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The US government is pushing the interest of US LNG in a rather ham handed way
8Find out what their presentation has to say
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Indian aviation industry is far from recovery
8And the outlook for ATF remains negative
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1.66 million tonnes of crude are currently lined up for delivery in Indian ports
8Where are these shipments coming from?
8Meanwhile, IOC is finding th crude tanker that caught fire off the Sri Lanka coast too hot to handle.
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 Of the 22 national oil companies globally, only a handful have negative ratings
 8Why does ONGC have one?
 8Not the company's fault it seems
 Click on Details for more Details
While rates have been fixed for 8 vessels (it was a 10 vessel tender, cut to 8 vessels), there is another 10 vessel tender that is out in ONGC
8Find out what is the latest with it Details
For reference purposes the website carries here the following tenders:
8Health and performance monitoring of reciprocating compressors at refinery Details
8Ultrasonic thickness gauging services for Tank roof, shell nozzle and annular plate extension Details
8Procurement of Brass Tubes for Exchangers Details
8Procurement of Duplex Tube Bundle Details
8ARC for O&M of AC plant in CCR, Maintenance of Split AC units & TR11 units and water coolers Details
8Procurement of Lean Amine Charge Pumps for C2C3 Recovery Plant Details
8Providing of Security Care Taking and Loss Prevention Services Details
8Hiring of Guest house for ONGC Eastern Offshore Asset Details
8Creation of Effluent handling system at GGS-IV Details
8Procurement of Triplex Pumps for water Injection in Wells of NK Field Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Mumbai: CNG rate dips Re 1, piped gas to cost less from today Details
8To counter China, India offers Myanmar a $6bn oil refinery Details
8Energy transition poses varying degrees of credit risk to NOCs : Moody's Details
8Rolls-Royce to deliver 29 MW gas power plant for Dhamra LNG terminal Details
8LNG imports set to pick up as India unlocks Details
8Torrent Gas to invest Rs 8,000 cr in city gas business, set up 500 CNG pumps by 2023 Details
8India to overtake China as world's largest LPG residential market by 2030 Details
8Ahmedabad: Torrent Gas to invest Rs 8,000 crore in CGD over 5 years Details
8Union minister Dharmendra Pradhan inaugurates 42 CNG stations, 3 City Gate stations Details
8Mumbai: Mahanagar Gas cuts CNG, PNG prices Details
8Tamil Nadu: Farmers block IOC pipeline work over crop Details
8Karnataka: LPG pipeline between Hassan-Secunderabad gets nod Details
8OPINION: Harnessing digital technologies for utility industry resilience Details
8OPINION: Sustainable fuels - Innovations that can enhance sustainability footprint Details
8Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand Details
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8RIL has two ethane and one ethylene shipments coming in
Cick on Reports for more Details
US LNG cargoes seemed to have got priced out of the Indian market entirely.
8GAIL may be brining them via swapped cargo but unlike earlier times, there are no direct US cargoes headed towards India right now.
8Get the as-of-yesterday LNG import matrix here for the next two weeks.
8And if anyone is brining in US cargoes, he will need to answer some hard questions.
Click on Reports for more Details
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project 
8Cost - Rs 48 crore
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. proposal for the environmental clearance is likely to be submitted in November 2020. RFQ for the EPC contractor is likely to be released in December 2020.
Phosphoric acid Expansion Project 
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the discussion is ongoing for the contractor. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in December 2020. Details
This is one greenfield 2G bioethanol project which the promoter seems serious to pursue
8It is looking at a PMC in Q-1, 2021
8Interested bidders please keep track
Click here for more details  Details
One bidder forged ahead in Numaligarh Refinery's EPCM-II bid, for a resid ugradation project, with an extremely aggressive bid.
8Two bidders had the advantage of economies of scale but one took advantage of it while the other did not
8Find out who the L-1 bidder is and how far below did it quote from its competitors. Details
ONGC is still finding it difficult to keep track of all its various purchase orders and LOIs across all its assets.
8The company has done some tightening of rules after a scam emerged of a bidder running away with false completion certificates for work done within ONGC.
Find out more, click on Reports Details
A dewaxing unit is currently under installation
8Cost is around Rs 1000 crore
8The PMC has been selected
8The licensor has been selected
8Equipment orders are expected soon
8So get key contacts here, including who is the PMC and who is the licensor, also who is the owner
Click here for more details Details
What is the status of EPCM-II tender of Numaligarh refinery
8This is the for the residue upgradation project
Find out more. Details
Afcons may be in a bit of a financial squeeze
8And their ability to mobilize large resources may be in trouble
Find out why Details
ONGC and RIL are the two main players in the offshore gas industry.
8And the recently announced ceiling price of $4.06/mmbtu is clearly unviable for both the companies
8Yet reversing this decision or getting the government to provide for a higher price is going to be an uphill task.
8Find out what kind of options the two companies are faced with now. And what lies ahead.
Click on Details for more Details
This is a small SSP plant
8Rs 30 crore is the budget
8The project team has been made, RFQ for the contractor is likely to be release in November 2020.. Details
There are some gas supply companies which face frontal competition from competing fuels
8Fuel oil is one, and LPG is now increasingly also a competitor
8Find out how these factors interplay with each other, and how a gas supplier now has to handle a multi-pronged battle to stay on top
Click on Reports for more Details
>Spot LNG prices have hardened
8Find out why they may stay firm
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The Adanis have taken over the Krishnapatnam port
8What are the implications?
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8A new set of guidelines have come up on the piped natural gas front
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8Cairn India continues to push for raising production from the Barmer field to 400,000 barrels per day
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply and commissioning of API 6D MOV plug valves Details
8Supply of Spares for Coriolis Mass Flow Meters Details
8Procurement of CJ Diethylaluminium Ethoxide Details
8In-situ metallography of critical equipments and piping at refinery Details
8Supply, Installation and Commissioning of 48 port Access Switch at refinery Details
8Supply of Variable Frequency Drive Details
8Supply of Flanges Details
8Hiring the Services for Quality Analysis (QA) & Quantity Checking (QC) of HFHSD & ROB Survey of Vessels at Kakinada Deep Water Port Details
8Procurement of 70.0 MT of Oil Soluble Demulsifier for RDS field Details
8Procurement of Potassium Lignite (K+ Lignite) Details
8Procurement 42 MT Flush Pin Pick up shackle for SPM Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Gas price reduction will lower earnings for ONGC, Oil India: Moody's Details
8Vedanta delisting kicks off: Investors’ lobby suggests bid price at Rs 236-310 Details
8Jet fuel margins hit 2-month highs on warmer demand for kerosene before winter Details
8Dividend payouts leave little cash with NOCs for low carbon alternatives: Moody's Details
8State-run oil firms spend only a quarter of Capex target as pandemic delays projects Details
8Crude oil futures decline on low demand Details
8India's gas imports set to rise, demand reaches pre-pandemic level Details
8Lower gas prices to benefit urea producers, reduce subsidy needs: Icra Details
8Govt mulls domestic gas floor price system to protect explorers' margin Details
8Covid-19 made us realise petrochem can de-risk fuel biz: IOC Chairman Details
8CEOs indicate business sentiment revival; steady recovery of Indian economy on anvil: CII Details
8Opinion: US refiners on course to digest excess diesel by March: Kemp Details
8Saudi Arabia oil exports at 6.1 mln bpd, says industry source Details
8Partners in Tamar split on new natural gas sale to Israel Electric Details
8Libyan oil production rises to 290,000 bpd: source Details
8German Jan-July gas import bill shrinks 37.4 per cent as imports fall 6.4 per cent Details
8Oil holds gains after Trump's return to White House Details
You can also click on Newsclips for more   Details
We have updates on:
8Nayara refinery expansion from 20 to 46 MMTPA
8A Naphtha Hydro Treatment Unit (NHDT) & 90 KTPA Semi Regenerative Type Catalytic Reforming Unit (CRU)
8MRPL Modernization Project 2020
Click on Reports for more Details
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