Oil India Ltd thinks that this OALP block may bring it luck 8The company plans to acquire 125 sq km of 3D seismic data 8Also drill 4 exploratory wells Click on Details for more
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China is by far the largest exporter of project related cargoes to India. In turn, India exports next to nothing to China 8And for India, ironically, Bangladesh is the biggest destination by far for project exports out of here 8Even as we build a formidable project related infrastructure in India, we do not seem to be making a dent in exports to countries we import from Click on Details for more
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For reference purposes the website carries here the following tenders: 8Procurement of Electrical Measuring Instrument Details 8Procurement of FRP Chemical Storage Tanks and Acid Fume Dilution PotsDetails 8Supply of Column Trays-Valve/ Sieve (EIL-Engineered) Details 8Procurement of EOT Cranes (Hazardous Area) for PDH-PPU RPOJ Usar Details 8Procurement of O&M Spares for RG Compressors Details 8Procurement of Activated Alumina and Molecular SievesDetails 8Hydro Testing, Refiling and Painting of Co2 and DCP Extinguisher of the entire Kailaras Region ADN Pipeline Details 8Procurement of Electrical Consumable Material for Electrical Maintenance Details 8Procurement of 20 Inch X 300 Class Motor Operated Ball Valves Details 8Painting of Matrix Border Lines, Row Number and Zebra Crossing inside Area of Product WarehousesDetails 8Procurement of HVAC Spare for HVAC System installed at GAIL Hazira Compressor Station Details 8Project Monitoring Consultant for construction of pipelines Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Asian refineries' run rates to rise on firmer margins Details 8Japan to subsidise refiners to ease oil price impact Details 8India allows renewable, thermal power bundling in existing supply agreements Details 8Emirates prepares for test flight using 100% sustainable aviation fuel Details 8Crude oil futures fall on easing supply concerns Details 8EXCLUSIVE U.S. asks Japan, China, others to consider tapping oil reserves -sources Details 8India's diesel demand dips in first half of November Details 8Nations show commitment to making energy transition at Abu Dhabi event Details 8IEA revises up 2022 average oil price assumption to $79.40 a barrel Details 8Sri Lanka shuts its only oil refinery to manage forex crisis Details 8IEA says oil price rally may start to ease Details 8Rajasthan cuts petrol price by Rs 4 per liter, diesel by Rs 5 per liter Details 8Delhi's air quality drops again to severe category; States meet to discuss strategy to check pollution Details 8Qatar sells January al-Shaheen crude at highest premiums in nearly 2 years -sources Details 8Regulators seek to suspend Trump rule on railway natural gas Details 8Indian govt aims to privatise 5-6 state-owned companies in 2021/22Details 8Centre took away Maharashtra's Rs 30,000 crore collected in seven months through cess on fuel: Congress Details 8Oil under pressure as U.S. looks to lead SPR shock treatment Details 8Financial bids for half a dozen CPSEs to be invited in Dec-Jan: DIPAM Details 8Vedanta looks to rejig group, list businesses separately Details You can also click on Newsclips for moreDetails
NPK Fertilizer Expansion Project 8Cost:190 Cr. 8Project Event: The project has elicited environmental clearance in September 2019, The project activities are still on hold due to lack of funds, the project is likely to be activated in January 2022. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021 Click here for more details DAP Expansion Project 8Cost: 20 Cr. 8Project Event: The final EIA report has been made, and a proposal for the environmental clearance has been submitted, all the project activities are likely to be started after the clearance, environmental clearance is likely to be elicited in December 2021. RFQ for the local contractor is likely to be released in February 2022. Click here for more detailsDetails
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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For reference purposes the website carries here the following tenders: 8Supply of Green H2 Electrolyser System Details 8Engineering, Procurement, Project Management Consultancy Services for City Gas DistributionDetails 8Supply of IBC Containers Details 8Supply of PPCP buckets Details 8Civil, Electrical and Mechanical Jobs for development of new outlet as well as modernization of existing outlet Details 8Design, Manufacture & Supply of Internal Floating Roof and its Erection & Installation Details 8Supply of Marine Hoses (Floating & Subsea Hoses) for SPM at Jetty Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8U.S. Natural Gas prices could soon hit $6 Details 8IEA hikes 2022 Brent Oil price outlook to $79 Details 8The Refinery of the Future: A dynamic investment outlook as multi-billion-dollar green capex spend looms Details 8India’s 1H Nov diesel use falls below pre-Covid levels Details 8India cuts second-half November jet fuel prices Details 8OPEC to stay 'cautious,' with oil market surplus coming in December: Barkindo Details 8Crude oil futures rally from 10-day lows as sentiment recovers Details 8ADNOC to spend up to $6 bil on drilling equipment to support oil, gas expansion Details 8Abu Dhabi to partner with Japan's Mitsui, South Korea's GS Energy on blue ammonia plant Details 8IBM, Amazon partner to extend reach of data tools for oil companies Details 8UAE says world still needs to invest billions in oil and gas projects Details 8Request for DPR on petrochemical cluster in TN withdrawn following opposition Details 8China winter gas supplies tightly balanced, coal supply assured - planner Details 8India to pitch for global investments in oil and gas value chain at Dubai Expo Details 8India's diesel demand dips in first half of November Details 8Nations show commitment to making energy transition at Abu Dhabi event Details 8IEA revises up 2022 average oil price assumption to $79.40 a barrel Details 8Sri Lanka shuts its only oil refinery to manage forex crisis Details 8IEA says oil price rally may start to ease Details 8Cairn to partner with Halliburton for raising offshore reserve base, shale exploration in Rajasthan Details 8Rajasthan cuts petrol price by Rs 4 per liter, diesel by Rs 5 per liter Details 8Delhi's air quality drops again to severe category; States meet to discuss strategy to check pollution Details You can also click on Newsclips for moreDetails
What has happened to BHEL's EPC foray into oil & gas downstream projects? 8With power projects drying up, BHEL was looking at the downstream segment with much excitement. 8But is the enthusiasm waning?Details
EIL has made a maiden foray into the EPC space by putting in a bid for the Koyali refinery SRU project 8What kind of a chance does it stand to win the bid? 8Who are the other bidders? Click on Details for more
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As the de-carbonization drive gains momentum, how does the refinery of the future looks like? 8Will lower consumption of transportation fuel, lead to the demise of the refinery? Click on Reports for more
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8GAIL's Henry Hub-based contracts in India are likely to get more expensive in the coming months. 8Even though they will stay well below spot prices.
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Despite the turmoil, LNG sales continue to move up 8The fact that the Indian market is highly price-sensitive is evident from the fact that we are one of the very few spots where LNG demand has come down 8The sensitivity comes from the fact that the crude equivalent of spot LNG price is $180, higher by $100 from current crude prices 8Henry Hub to JKM price arbitrage can still provide a profit of a massive $120 million a cargo load 8The prediction now is that LNG prices will come down from their present highs but they will stay tight till the summer of 2023 8Lack of ships and high arbitrage have driven up LNG shipping rates as well Click on Details for more
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SSP/NPK Greenfield Project 8Cost:70 Cr. 8Project Event: Still, feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in January 2022 in place of November 2021, due to the delay in the feasibility study. RFQ for the contractor is likely to be released after the clearance Single/Triple Super Phosphate Greenfield Project 8Cost: 25 Cr. 8Project Event: The proposal has been submitted for environmental clearance, RFQ for a local contractor is likely to be released in February 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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8After a long hiatus, Shell is bringinging in its own cargo at its terminal in Hazira 8It is a smallish cargo, according to daily data available with us, of a mere 33080 cubic metres 8Looks like the multinational has lined up a customer or two for it Click on Reports for more
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Here is a consolidated set of news on the shipping industry. 8Carbon dioxide emissions per tonne mile is now the metric against which shipping’s progress is being gauged. A failure to adapt and grasp the nettle of decarbonisation is the surest guarantee of obsolescence. Click on Reports for more 8China economic transition has serious implications for the shipping industry. Click on Reports for more 8As the global supply chain struggles from the aftershocks of the pandemic, spreading the suffering to nearly every industry, cybercriminals vultures are descending on the vulnerabilities to create more dangerous disruption. Click on Reports for more 8This multinational controlled port in India is where our bets are on for aggressive future growth. Click on Reports for more 8Why is is DP World running foul of authorities in India. Click on Reports for more 8The report, Ship Acquisition, Financing and Leasing (SAFAL), was submitted to the International Financial Services Centres Authority (IFSCA) on 28 October 2021 by the Committee for Development Avenues for Ship Acquisition, Financing and Leasing from the International Financial Services Centres (IFSC). Click on Reports for more 8Coral-Sul FLNG vessel ready to serve Mozambique. Click on Reports for more 8Indian port tariffs, why is there a controversy over them?. Click on Reports for more
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Is Petronet LNG at the end of its growth story? 8With new terminals coming up and without a strong enough growth plan in hand, it is no longer a favourite with analysts. Click on Details for more
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For reference purposes the website carries here the following tenders: 8RHiring of Internal Audit Agency Details 8Providing technical assistance/ services for mechanical maintenance jobs at compressor station Details 8Service contract for flaker operation and handling of low polymer pits in HDPE plants Details 8CNG Composite works (SS Tubing and Electrical Works) Details 8Construction of Above Ground Internal Floating Roof Petroleum Storage Tank, Allied Pipelines and Civil Works Details 8Architectural and Engineering Consultancy services for construction of office building cum Information Technology with allied facilities Details 8EOI for Additives Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian Institute of Technology (Guwahati), Oil India Collaborate to Develop Tech in Energy Sector Details 8Rising trade deficit to weaken rupee, oil prices add to woes Details 8India's oil minister says volatility could hurt energy transition Details 8Buy Oil India; target of Rs 351: Prabhudas Lilladher Details 8ONGC sells January-loading Russian Sokol crude at 22-mth high premium -sources Details 8Petrol, diesel prices continue to be steady as global crude softens Details 8India to step up oil exploration, production in very big way: Hardeep Puri Details 8Australia’s Woodside sells 49% in planned expansion of Pluto LNG plant to GIP Details 8Europe’s LNG imports on rise, flows to asia unaffected Details 8While oil prices are surging, Canadian crude is getting cheaper Details 8U.S. oil futures dip below $80 a barrel on fears of possible Strategic Petroleum Reserve release Details 8Oil prices slide on strong dollar, rising crude supplies Details 8Sri Lanka shuts only oil refinery for 50 days amid severe dollar crisis Details 8GIP buys stake in Woodside’s Australian LNG project Details 8Crude Oil prices drop on demand worries, rising supplies Details 8Oil & gas consultant required Details You can also click on Newsclips for moreDetails
EIL did plunge into the risky EPC space yesterday 8It put in an EPC bid for a downstream project 8Whose engineering licence did it reply upon? Click on Details for more
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Here is a requirement for an oil & gas consultant but with a very interesting job profile 8And they are looking for a retired person with an oil & gas background Click on Reports for more
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ONGC has made the highest ever profits last quarter 8And its stock has underperformed in the market so far 8Yet, why are stock market punters not putting a buy recommendation on the stock then? Click on Details for more
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Get the daily updates for 8LNG 8Crude 8Chemicals 8Weekly Fertilizers 8LPG 8Ammonia 8All tankers 8Bulk and dry cargoes 8Port updates Click on Reports for more
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Urea (Granular) and Captive Power Unit Expansion Project 8Cost:700 Cr. 8Project Event: The project is still on hold, It is likely to be activated in January 2022, RFQ for the LSTK contractor is likely to be released in February 2022. SSP/GSSP Greenfield Project 8Cost: 15 Cr. 8Project Event: The proposal for the environmental clearance has been submitted, and terms of reference granted. The final EIA preparation is ongoing which is likely to be completed in December 2021. RFQ for the local contractor is likely to be released in January 2022. The company has also applied for a loan, which is likely to be elicited in December 2021.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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For reference purposes the website carries here the following tenders: 8Repair & Maintenance work of Early Production System (EPS) facilities Details 8Supply of VG 8 and VG 12 to HPCL Chennai TerminalDetails 8Supplementary Tender at L1 rates for Transportation of Bulk POL products MS HSD and Branded fuels Details 8Manufacture and Supply of HDPE Containers of various sizes (for filling lubricants) Details 8CNG Composite works (SS Tubing and Electrical Works) in UP and UK Cluster GA Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8The U.S. Solar boom is only just beginning Details 8Why a U.S. Crude export ban won’t lower prices at the pump Details 8Will oil ever become truly worthless? Details 8India, China win coal, fossil fuel changes in Cop text Details 8Iranian oil, gas facilities report no damage from strong earthquakes in Persian Gulf Details 8Iraq to start developing Akkas gas field to pave way for foreign investments Details 8UAE's Dana Gas boosts Kurdish output by 7%, on track for 2023 expansion Details 8Petrol, diesel prices continue to be steady as global crude softens Details 8Pakistan expected to be hit by major gas crisis in winter Details 8Oil giant Rosneft profit up with 'rapid growth' in energy demand Details 8Oil India, IIT-G come together to boost technology in energy sector Details 8U.S. drillers add oil and gas rigs for third week in a row -Baker Hughes Details 8ONGC reports highest ever net profit by any corporate at Rs 18,347 cr in Q2Details 8ONGC's KG oil, gas project delayed; nation bleeds precious forex Details 8Cong says Delhi has become 'gas chamber', asks PM, Delhi CM to take urgent steps to tackle pollution Details 8Air Pollution: Smog chokes Indian capital as air pollution levels soar Details 8Rising trade deficit to weaken rupee, high oil prices add to woes Details 8Fuel price hike: Congress launches Jan Jagran Abhiyan from Wardha Details 8Symbolic reduction in excise duty on petrol, diesel will not bring down inflation: Gehlot Details You can also click on Newsclips for moreDetails
Oil prices are already hovering at high levels even though prices have indeed posted the third consecutive week of losses. 8But the bad news is that options traders have booked 5 million barrels of crude aiming at prices as high as $250/bbl Click on Reports for moreDetails
The pollution levels in Delhi have reached such alarming levels that it is going to impact business practices in the capital. 8In oil & gas companies too Click on Reports for moreDetails
The current spread is $150/mt between 3.5%S high sulfur fuel oil and 0.5%S very low sulfur fuel. 8This means that those ships which installed scrubbers are making more money now Click on Reports for more
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ONGC has contingent liabilities worth Rs 24,000 crore under different kinds of disputes. 8This is a very large figure indeed. Click on Details for more.Details
Globally the electric vehicle industry is now well underway. 8In many countries, EV sales are outpacing conventional cars. 8Clearly, the revolution is yet to come to Indian shores. 8What the government will do is to impose so much tax on these vehicles while coming in or insist on unfeasible make-in-India preconditions, that it will take a long time for the market to garner speed Click on Reports for moreDetails
The ingenuity of the Indianjugaad system has led to the mushrooming of sale of various solvents, base oils, lubricating oils, and other petroleum products by unscrupulous elements in the name of biodiesel. 8Moreover, the current imperfections in the market has led to various petroleum products sold under the guise of Industrial oil are finding their way into automobile use as a fuel. 8So much so that state governments are getting alerted and they have begun the process of cracking down on such activities. Click on Report for moreDetails
Phosphoric Acid & Sulphuric Acid Greenfield Project 8Cost:1800 Cr. RFQ for EPC contractor will be out in January 2022 now Ammonia Storage Tank Greenfield Project 8Cost: 100 Cr. Vijay Tanks has got the contract. Construction to start on ground in February, 2022Details
Morbi, the largest consumer of gas for an industrial cluster in India, is feeling the pinch of higher gas prices. 8Gujarat Gas had done a massive price hike recently, find out by how much prices were raised. 8Some units are in fact closing down. Click on Details for more
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Adani-Welspun Exploration Ltd (AWEL) is a a 65:35 JV between Adani Group and Welspun. 8There are four blocks involved And here is a status report
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Large gas suppliers who had been on the sidelines so far are now queuing up to be part of the IGX milieu. 8The initial cynicism has now given way to a more practical approach. Click on Details for more.
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What is happening with the PNGRB chairman's posting? 8There has been a lot of speculation but what is really going on? Click on Details for more
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Know all about PLL's expansion plans, earnings ahead and capacity utilization targets of its terminals. 8The assumption is that gas demand will keep going up at around 6-8% per annum. Click on Reports for more
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HOEC is poised to enjoy the fruits of its investments in two E&P locations. 82022 is therefore going to be a great year for the company. 8Also, it elicited a premium over the PPAC price for its gas sale out of its Assam field Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Supply, Installation and Commission of Quad Band Mobile Signal Booster Details 8Hiring of Annual Rate Contract Services for Calibration & Repairing of LEL Cum Oxygen DetectorDetails 8Repair/ Modification and all Associated Works on LPG MSV A and C Details 8Supply of Mounded Bullets (Part A & Part B) for PDH PPU Project Details 8Supply of Spares and Retrofitting Job of High Mast Details 8Developing Infrastructure required to receive power from MSEDCLDetails 8Procurement of UPS with Battery Bank for Terminals Details 8Hiring SMS Voice Call Services fot three years Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Energy majors stage muted oil, gas recovery as climate pressures force fossil retreat Details 8Reliance's exit from US shale signals intent to focus at home in India Details 8Fortescue eyes 1st green ammonia-fuelled vessel by end of 2022 Details 8European natural gas prices plunge as Russia increases gas flows Details 8OPEC cuts 2021 global oil demand forecast again Details 8OPEC fell short on oil production target in october Details 8Green fuel to power entire Kolkata public vehicle fleet by 2030 Details 8Govt wants ONGC to identify areas for involving private sector: Oil SecretaryDetails 8OPEC says high energy prices to dampen fourth quarter demand Details 8Buyofuel raises Rs 1.6 crore in seed round led by Inflection Point Ventures Details 8Petrobras sells shale oil unit to Canadian bank for $33 million Details 8Fuel prices hold for a week despite firm global crude oil rates Details You can also click on Newsclips for moreDetails