Ammonia production using renewable energy is becoming competitive 8In areas where there are high capacity factors for renewable energy generation, they can generate ammonia at competitive prices Click on Reports for more
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The IEA has revised the demand for oil not just this year but also for the next year 8Will this hurt tanker rates, which have seen a recent revival? 8Find out how the dynamics will work Click on Reports for more
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Samik Mukerhee, the high profile Indian executive, left TechnipFMC in a cloud 8There is a now a lawsuit that says that he stole technical secrets from TechnicFMC and handed them over to McDermott. This is how TechnipFMC claims McDermott wrestled a big ONGC contract from them. 8Find out more on how is Mukherjee faring in McDermott. Click on Details and Reports for more
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China seems to be going through a subtle reforming of its gas sector, particularly on the pricing front. 8The government there has incentivised demand growth in gas with a low price while also attempting to increase domestic production with a high price. 8Interestingly, state companies are losing money on imports when highly priced LNG must be sold into a market with lower regulated prices. 8How does Beijing manage this dilemma using regulated prices while also attempting to provide a link to international markets? 8Reforms are yet to take place in the Indian gas sector in the manner in which it is happening in China. So what are the lessons that India can draw from the Chinese experiment? Click on Reports for more
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8Project Name: LPG Bottling Plant Expansion Project 8Project Cost: Rs 30 crore 8Project Description: The owner is planning to expand its LPG bottling plant capacity from 1063 MT to 1963 MT by constructing new 3 X 300 MT mounded storage vessels. The environment clearance for this project is expected by March 2019 and the project is expected to be commissioned in 27 months. For this project, an EPC contractor will be hired. Further RFQs are expected soon. 8Project Event: RFQ for the EPC contractor is expected by January 2019. 8Expenditure Approval: Q2:2018 8RFQ Date: Jan/2019 8Release Date: Feb/2019 8Start Date: Q2:2019 8Completion Date: Q3:2021 Click here for more details 8Project Name: Udaipur LPG Bottling Plant Expansion Project 8Project Cost: Rs 27 crore 8Project Description: The owner is planning to expand its LPG bottling plant capacity from 500 MT to 1400 MT by constructing new 3 X 300 MT mounded storage vessels. A PFR consultant has already been hired The environment clearance for this project is expected by February 2019. Further RFQs are expected soon. 8Project Event: RFQ for the PMC contractor is expected by January 2019. 8Expenditure Approval: Q2:2018 8RFQ Date: Jan/2019 8Release Date: Feb/2019 8Start Date: Q2:2019 8Completion Date: Q2:2020 Click here for more detailsDetails
ONGC's Jack-Up rig tender -- currently the largest in the world -- has thrown up all kinds of possibilities. 8The rig day rate can either go below the current low of $26,000 or go much higher, depending upon the strategies adopted by various bidders 8The pricing dynamics -- and the fact that they can go in any direction -- are giving many bidders sleepless nights Click on Reports for more
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What explains the phenomena of why ONGC elicits the lowest day rate among Jack-Up rigs anywhere in the world? 8Why are bidders still speaking of significantly lower rates for the ONGC tender than those prevailing even in South East Asia? Click on Details to know more
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When is ONGC going to require floaters? 8The company will need two floaters of 1500 metres and 600 feet 8What kind of day rates can be expected? Click on Details for more
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Oil India Limited has gone off to a good start with its OLAP blocks 8They are all going through the initial seismic study programmes 8Each block has its own dynamics 8Drilling programmes are going to start much later and the emphasis currently is on data acquisition 8The website has covered these blocks exhaustively in its project monitoring software, providing you vital data and key contacts Click here for more details for future EOIs and the latest updatesDetails
8Project Name: Oil & gas cogeneration Unit 8Project Cost: Rs 300 crore 8Project Description: BHEL is soon expected to release the RFQ for the following equipment - Centrifugal Compressors, Gas supply Pipes, Combustion Chamber, Heat Exchanger for establishing an Additional Co-generation Unit, GT-IV, and Enhanced Reactive Thermal Oxidizer (ERTO) within the ONGC-owned Uran Plant. Meanwhile, as of now the selection process for boiler feed pumps and HT LT Motors is currently on after tenders were floated.The boiler and the turbine will be supplied by the BHEL itself. Instead of 20 MW, the project capacity has been reduced to 15 MW and a cost revision has also been done. The project will meet the requirement of power for other upcoming projects viz. Firewater Network, Air Compressor, and an Additional Process Unit (APU) at Uran. Further RFQs are expected shortly. Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Hiring of Support Services for O&M of MDPE Pipeline and PNG Connections Details 8Carrying out 5,000 m and 10,000 m core drilling Details 8Maintenance of C&I System of main plant along with auxiliaries Details 8Supply of bio-diesel suitable for fuel in Diesel Engines Details 8Corrigendum: Supply of High Speed Diesel Details 8Transportation of Liquefied Ammonia Gas Details 8Hiring of Wireline Logging Services during Production Testing & Hydrofracturing of HPHT Wells Details 8Supply of Fittings for Slurry Loops of PFCC Unit Details 8Supply of Sodium Chlorite in barrels Details 8Corrigendum: Risk Assessment Study and Certification of Healthiness of Cross Country Pipelines Details 8Supply of Caustic Soda Lye for CPP DM Plants, ETP and Refinery Process Units Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Vasco Terminal Details 8Transportation of Bulk POL products MS HSD and Branded fuels by Road ex Miraj IRD Details 8Supply of LPG Marine unloading Arms Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's strategic petroleum reserves programme attracts overseas players Details 8Dharmendra Pradhan discusses skill development of Indians with UAE Human Resource Minister Details 8Saudi Arabia: World's top crude exporter to cut oil output as producers from DecemberDetails 8Major oil producers to consider cuts after price slideDetails 8Saudi Arabia discussing proposal to cut oil output by up to 1 million bpd by OPEC and alliesDetails 8Oil short sellers make a comeback as OPEC moves to centrestageDetails 8FPIs infuse Rs 4,800-cr in just 5 trading sessions on cooling crude prices Details 8Oman oil minister says majority of OPEC and its allies support cutDetails 8Oil pucks and pellets; Canada eyes new ways to move stranded crudeDetails 8Explainer: Why are Iraq's Kirkuk oilfields so important?Details 8Govt mulls selling 149 fields of ONGC to private companiesDetails 8The knowns and unknowns of U.S. Iran oil sanction waiversDetails 8LPG price hiked by over Rs 2 after rise in dealers' commissionDetails 8India examining details of exemptions on buying Iranian oilDetails 8U.S. ethanol producers feeling the pinch from Trump trade warDetails 8Raymond Plank, former CEO of oil explorer Apache, dies at 96 Details 8China's Zhoushan plans rare crude import permits in pilot market openingDetails 8OMV to pay at least $715 mln for half of Sapura's exploration assetsDetails 8Bangladesh cancels LNG cargoes after temporary closure of regas unitDetails 8Croatia picks Golar Power to supply future LNG terminal Details 8US grants Iraq 45-day waiver over Iran sanctions to import gas, electricityDetails 8Spot natgas prices rise to highest since January on cold forecastsDetails 8India to lease out half of Padur strategic oil storage to ADNOC: SourcesDetails 8Oil prices rise by 1 pct after Saudi announces Dec. supply cut Details 8Big Oil spent 1 percent on green energy in 2018Details 8Abu Dhabi crown prince discusses "potential bio-energy cooperation" with Total CEODetails You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8Rate Contract for procurement of Metering Skids for LMC Details 8Development of City Gas Distribution Networks Details 8Corrigendum: Supply of Flow Switches and Flow Indicators for Motor Lube Oil System Details 8Corrigendum: Project Management Consultancy Services for Polyols Petrochemicals Project Details 8Supply of Lubricants Details 8Hiring of the services of Crude Oil Tankers for lifting and transportation of Crude Oil Details 8Charter Hiring of Work over Rigs for various assets Details 8Annual Rate Contract for Civil Construction of Drill Sites at Bokaro and Jharia CBM Blocks Details 8Drilling and development of tubewells along with necessary pipeline and electrical works Details 8ARC for Scaffolding Jobs in PDPP Site Details 8Carrying out COD operations Details 8Procurement of OTS for RUF Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8New norms for setting up petrol pumps: expert panel seeks public comments Details 8India's Essar Steel seeks LNG cargo on GLX trading platform Details 8Uganda expects first oil production in 2021, refinery by 2023Details 8Norwegian oil, gas plants shut after tanker, frigate collideDetails 8US Poland LNG deal way for Europe to ease reliance on Russia: PerryDetails 8BHP secures exploration license for two oil blocks off eastern CanadaDetails 8EU clears state aid for Greek, Bulgaria natural gas interconnector Details 8India puts 50 cities on offer for city gas licensing roundDetails 8Anadarko to sell pipeline, storage assets for $4 blnDetails 8GAIL contracts pipes for Barauni-Guwahati gas pipelineDetails 8Oil set for longest losing run since 2014 as supply fears easeDetails 8Toshiba to pay $800 million to exit US LNG businessDetails 8Cabinet nod to foreign companies for storing oil at Padur storageDetails 8India oil demand to recover in 2019: Fitch Solutions Details 8Opec could still hold the Trump card for IndiaDetails 8Cabinet apprised of India joining as member of IEA programmeDetails 8Russia's Rosneft snubs government meeting on global oil dealDetails 8Crude oil prices down 20 percent in a month as fundamentals weakenDetails 8Gail’s surprisingly good trading segment performance boosts Q2 profitsDetails 8Oil heads south on Mixed Signals from OPEC Details 8Iran oil waivers: How India, China are lining up after US exemptionsDetails 8GAIL fast tracks NE Feeder Gas Pipeline ProjectDetails 8Areas marked for city piped gas, CNGDetails 8Industry Dilip Shanghvi’s Sun Petro looks to enter power generationDetails You can also click on Newsclips for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of High Speed Diesel Details 8Maintenance and Inspection of Crude Oil Storage Tanks Details 8Transportation of Light Diesel Oil Details 8Corrigendum: Procurement of Natural Gas Regulators for City Gas Distribution Project Details 8Corrigendum: Project Management Consultancy Services and EPCM Services for Kerosene Hyrotreater Unit at refinery Details 8Procurement of Special Lubricants Details 8Corrigendum: Developing City Gas Distribution Network Details 8Instrumentation Works for Biodiesel Facilities Details 8Supply of IBR Pipes Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Iran oil exports to fall, then rebound as buyers use waivers Details 8Iran oil waivers: How India, other buyers are lining up after US exemptions Details 8US exempts India from certain sanctions for development of strategic Chabahar Port in IranDetails 8Softening of American sanctions on Iran bodes well for IndiaDetails 8BRIEF: Russia, Saudi Arabia discussing 2019 crude oil output cuts -TASSDetails 8Middle East Crude-Benchmarks fall as U.S. allows some Iran oil exportsDetails 8Sudan in push for oil sector investment Details 8Republic of the Congo launches oil exploration licensing roundDetails 8Ghana approves state-owned oil company as partner in Exxon Mobil's deepwater oilfieldDetails 8Standard Bank Group urges Brazilian firms to tap Africa marketDetails 8Delhi records season's worst air quality; experts warn of further dip on DiwaliDetails 8India's oil and gas PSUs' permanent workforce declined by more than 2,000 last financial yearDetails 8Iran sanctions and global crude oil prices: Who'll feel the pain?Details 8India aims to sign pact with Iran this month for oil payments in rupeesDetails 8Asian economies grateful to Trump admin for reprieve on Iran oil importsDetails 8Chandigarh sees 78 percent hike in sale of diesel, 19 percent in petrol Details 8Global oil prices dip amid well-supplied market, Iran sanction waiversDetails 8U.S. natgas output, demand seen rising to record highs in 2018 -EIADetails 8Oil prices stable as talk of OPEC output cuts supports, but soaring US production dragsDetails 8Petrol, diesel prices cut once again after DiwaliDetails You can also click on Newsclips for moreDetails
Find out more on what is in store for GAIL: 8When the HVJ and HVJ upgradation tariff hikes come through 8When a single tariff policy is implemented 8When, as expected, its gas transmission volumes go up 8When its petrochemical utilization rates shoot up to 100% Click on Reports for more
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What is to be expected of ONGC going ahead? 8Will its crude output go up? 8Will recent EOR benefits help now or will they kick in later? 8What is the production guidance for the rest of the year? 8Will it be able to deliver as much gas as it has promised? Click on Reports for more
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Aegis Logistics is a private sector success. It has been able to find a niche within a very narrow space opened up in the deregulation of oil & gas sector 8How does its business model work? 8The company has been able to work out multiple income streams from its LPG and liquid storage as well distribution model. Click on Reports for more
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8The Supreme Court of India held that the conditions prescribed in a statute for claiming a tax credit must be strictly construed. The use of the word ‘shall’ in a statute does not admit to any other interpretation, except that the time prescribed for claiming input tax credit has to be strictly followed. 8Then again, a high court in a case concerning the allowability of a stay application held that the Assessing Officer must consider the taxpayer's genuine hardship to allow a stay application. 8A court has held that a taxpayer had committed an offence under Section 276CC of the Act by failing to furnish the tax return within the time limit specified under the Act and for the further failure to abide by the notices issued by the tax officer 8Another ruling on allowable deductions for payments of salary and other operating expenditures of a foreign company’s permanent establishment in India held that the disallowance provisions under Section 40(a)(i) of the Income-tax Act, 1961 do not apply to the taxpayer because of the lack of any restrictive clause in Article 7(3) of India-Mauritius income tax treaty. Click on Reports for more
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The threat of the electric car impacting the demand for petrol and diesel seems to have retreated in the face of the euphoria over the recent demand-led surge in oil prices. 8But an array of car manufacturers is now coming out with electric car models that have high mileage coverage and attractive economics. 8The new Tesla model, for example, is capable of going 800 km in one charge and it can go 600 km in one 30-minute charge. 8High oil prices seem to be just the impetus that the electric car industry needed to push more model out as rapidly as possible 8The attention of the oil & gas industry has been diverted in recent months but it will not be wise to take the eye off what is changing -- and a lot has been changing -- in the electric car industry. Click on Reports for more
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Get a complete list of equipment needed for an oil spill response 8Also know more on how and where to access immediate response to an oil spill 8What kind of subsea well intervention is possible if things go out of control and where to access such services Click on Reports for more
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The earlier model of handing out welfare programmes under CSR funding has now given way to a more competitive system 8Find out more on how oil & gas companies in the private sector now doing CSR work Click on Reports for more
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8US cargoes into India and their gas prices click on Report . 8A big inline pipeline inspection programme is planned. Know more click on Report . 8Global demand forecast for oil is being revised rapidly downwards. Find out more on who is predicting what click on Report . 8The VLCC fleet will probably shrink this year after 35 deliveries in the first ten months of 2018 offset by 35 units being scrapped. Know more click on Report . 8A Styrene Acrylonitrile co-polymer expansion project is coming up. Find out more click on Report .
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ONGC has terminated the Sagar Samrat MOPU contract that it had signed with a consortium of Mercator and Abu Dhabi Based Gulf Piping. 8The MOPU was earlier planned to be delivered by March 2013, but due to delay from the contractor's end it has not been commisioned till now. 8The MOPU was more than 95% complete when Mercator received the termination notice. 8Meanwhile 15 wells in the WO-16 Cluster have been completed and will be put into production once the MOPU is commissioned. 8So when will the MOPU be commissioned, now that the earlier contact has been terminated? Click on Details for more
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Petroleum minister Dharmendra Pradhan may not be remembered as someone who could arrest the alarming rise in India's oil dependency ratio despite the Prime Minister's avowed goal of bringing it down rapidly. Fact of the matter is that he has failed on this front. 8He has unveiled new policies but they have not been able to coax foreign investments into India E&P sector. While in tenure, he has not been successful either in persuading ONGC and OIL to push production up, eventually forcing his nationalist government to go against its deeply help beliefs to appoint a committee which will investigate the possibility of auctioning some of their nomination fields 8Nor has he been very successful in coaxing his own government to cut taxes to bring petrol and diesel prices down. 8But he has won a right to be remembered by posterity for the remarkable work he has done to introduce and effectively implement the Direct Subsidy Scheme for LPG. 8No doubt the scheme still has many problems, but his body of work on this subject is now the focus of global scrutiny by governments, research institutes and universities as a model to follow. 8This will remain Pradhan's indelible contribution to the world well after he demits office. By Aniruddha Sharma Click on Reports for more.
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For many around the world, an illustrative case of contemporary Indian opulence is ‘Antilia’, the residence of RIL chairman Mukesh Ambani, in the heart of Mumbai. Its estimated to cost one billion US dollars, it has a floor space equivalent to two-thirds of the Palace of Versailles, and boasts a staff of several hundred for its upkeep. 8The residence is now the scrutiny of economist and social anthropologists around the world over the question of how in the midst of poverty and squalor and the lack of proper housing, a 27-story, 400,000 square feet single-family residence can be accounted for. 8Also in focus is the question of why India, notwithstanding its multiple institutional challenges with a large impoverished agrarian population, is also able to generate a visible and globally mobile wealthy class. 8And how despite structural reforms, the country has failed to dismantle a vast and persistent low-wage informal sector, thereby accentuating the rise of the rich. By Aniruddha Sharma Click on Reports for more
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There are visible changes in the manner of functioning of the PNGRB after D.K. Saraff took over as the PNGRB chairman. This goes to prove that appointing an experienced oil & gas hand is better than putting a dyed-in-the-wool bureaucrat in charge of a specialized body such as the PNGRB. 8Saraff has been quick off the ground, having pushed one CGD round and now plugging for one more. 8He has also come out with an suo moto notice for a cross country pipeline, from Mumbai to Angul in Odisha, via Nagpur. 8But Saraff needs to be careful too. Particularly in tariff hikes to pipeline companies. The bottomlines of GAIL and Gujarat Gas have soared after the recent tariff hikes. The PNGRB is now considering a 40% tariff revision for the main pipelines of GAIL (HVJ & HVJ upgradation), that will result in a 13% increase in FY20 EPS of the gas monopoly. Further, implementing a single tariff formula will push GAIL EPS up by another 27%. 8Saraff must understand that his job is to be a regulator, to ensure that the system works not just for pipeline companies but also for hundreds if not thousands of gas consumers around the country, who will eventually have to bear the burden of his decisions. 8Surely, pipelines require an adequate return on investment but, equally, there is a need to end their stranglehold on transportation infrastructure. If Saraff is quick to provide tariff hikes, he must be strident in demanding a bifurcation of GAIL into its transmission and trading arms. 8He also needs to ensure a transparent mechanism by which the current crop of CGD companies pass on the benefits of subsidized gas prices to consumers. Their monopoly distribution rights need to be tempered too, so that these companies can earn the respect of their customers and not just of share brokers. 8Or else, Saraff will find that the hope vested on him to bring about much needed change will quickly turn to disappointment. By Aniruddha Sharma Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Restoration of trench of Gas Pipelines Details 8Consultancy for Installation of CNG Filling Station Details 8Procurement of Portable Particle Counter for Lubricating Oil Details 8Consultancy Services for proposed Greenfield LPG Bottling Plants Details 8Supply and Installation of Centralized Gas Distribution System Details 8Procurement of High Speed, Compact and Robust FTIR based Fuel Analyzer Details 8Procurement of Automatic Cold Filter Plugging Point Test Instrument in refinery Details 8Supply of Sodium Chlorite in tanker for Cooling Towers Details 8Carrying out Dry slop tank replacement Details 8Transportation of Gas through LCV’s in City Gas Distribution Project Details 8Procurement of Pipe Fitting Materials Details 8Supply of Metering Skids for Natural Gas Pipelines in KG Basin Details 8Engagement of Third Party Inspection Agency for MSV Project Details 8Contract for support services Details 8Hiring of support service for SAP-ERP system for a period of 2 years Details 8Design, Develop and Implement Projects to improve the access and quality of education Details 8Hiring of Internal Audit Service for a period of three years Details 8Procurement of Mobile Welding Generators and Welding Transformers for Drilling Services Details 8Hiring of Consultancy services of Pipeline activities for 3 years Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India, China, Turkey to support Iran crude sales going ahead Details 8Indraprastha Gas second quarter net profit up 11 per cent on higher volume Details 8Adani Gas shares hit upper circuit on debutDetails 8UAE's ADNOC to boost oil output capacity to 4 million barrels per day by 2020Details 8OPINION: From today, Trump's ban on Iran will make it a tough ride for IndiaDetails 8Israel announces new oil and gas exploration round in eastern Mediterranean coastDetails 8We will sell oil, break US sanctions: Iranian President Hassan Rouhani Details 8Hughes India bags Rs 200 crore order from oil marketing firmsDetails 8Qatar reshuffles Cabinet, board of Qatar PetroleumDetails 8Ease of Doing Business rank to improve India’s image globally: EEPCDetails 8Govt exploring multiple options including sale of crisis-hit IL&FS: OfficialDetails 8Govt plan: Let ONGC focus on its big fields, give small ones to private firmsDetails 8US to exempt China, India, Japan from Iran oil sanctions Details 8With US waiver, India’s Iranian oil imports to continueDetails 8India, China among 8 countries allowed to buy Iranian oil: Mike PompeoDetails 8Oil slips on worries that economic slowdown could weigh on fuel demandDetails 8Trump says he wants to go slower on sanctions for Iran's oilDetails 8Iran lost around $2 billion in oil revenues since May, U.S. official saysDetails You can also click on Newsclips for moreDetails
8HPCL's financial performance is lackluster for now the road ahead can fork in either directions. Click on Report for more. 8The entire shipping industry led by LNG is on a recovery path. Find out how different segments of the industry -- from tankers to rigs and support vessels -- are placed in the recovery curve. Click on Report for more. 8The man who predicted the last financial crisis is now saying another one is brewing. Click on Report for more. 8The latest projection is that oil will fall to $65/bbl in 2019. Know why the outlook has changed. Click on Report for more. 8Know more on why the Iran sanctions help the global shipping industry. Click on Report for more. 8Get the latest US LNG imports into India and the price at which they were imported. Click on Report for more. Details
Ammonia-Urea Brownfield Project 8Cost - Rs 6000 Crore 8Project Event: Equipment and services purchases are ongoing and pre-project activities are on. The project is likely to be commissioned in December 2020 Click here for more details Ammonia-Urea Energy Saving Project 8Cost - Rs 250 Crore 8Project Event: The company is still waiting for capital approval but the project will be on time as per norms announced by the Department of Fertilizers. Click here for more detailsDetails
After the expiry of a 10-year hiring deal, the FPSO attached to the RIL's MA-field has been decommissioned on September 29, 2018. 8The vessel is now expected to leave Indian waters before the end of 2018 8But outstanding contractual settlement issues between the FPSO and RIL are still be negotiated out. 8The owner stands to make a neat pile of the money on the FPSO. The vessel is now debt free, and its value has been estimated at $225 million. 8Negotiations are on for another long-term deal Click on Reports for more.
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The website carries here full details of the 526 km pipeline which will be built Crude Oil Terminal at Mandvi in the Gulf of Kutch to the Barmer refinery. The pipeline will have the capacity to increase throughput to 18 MMTPA when the refinery is eventually expanded. Know more about: 8The SPM to be built 8The crude crude types that will be bought 8What kind of carriers will deliver the crude 8What kind of blending facilities will be built Click on Reports for more
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Under the of China, India is helping Mongolia build an oil refinery. 8Business opportunities are available for consultants and service providers Click on Reports for more
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Japan is helping India build industrial townships in 9 Indian states 8Get the latest status report on these townships 8Some of them better than the others. 8Find out why Click on Reports for more
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Air passenger traffic grew by nearly 20% in the first half of 2018. 8That's good news for the ATF supplier but airlines are reeling under the impact of rising fuel prices despite high PLFs. 8Fuel costs make up between 40-45% of the total cost for a domestic airliner, much more than the global average. Click on Reports for more
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Despite favorable economics displayed as of now by CGD companies, the industry is not for the faint-hearted. 8As this website had pointed out earlier, there are serious distortions in the CGD market, and once corrected the long-term outlook seems less enticing. 8Nevertheless, interest still abounds in acquiring new territories 8Here is a list of probable geographical areas that are likely to be auctioned out in the future Click on Reports for more
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Priority allocation of subsidized domestic gas coupled with monopoly distribution rights and an unfettered ability to pass on higher costs to customers have made existing city gas distribution companies highly profitable 8Rising capex notwithstanding, there is one such company which has elicited a 100% return on equity for its owners year after year Click on Reports for more
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China and Iran are together building the 3,400 km New Silk Road rail connecting Tehran with Urumqi in China and also four Central Asian Republic Kazakhstan, Turkmenistan, Uzbekistan and Kyrgyzstan. 8Iran is now talking of building a railway line between India promoted Chabahar Port to the China built Gwadar Port in Pakistan 8How does all this work out for India, which is building infrastructure from the Chabahar Port to Afghanistan and other Central Asian republics Click on Reports for more
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Mahanagar Gas Ltd (MGL) is bitterly opposed to a new tariff order of the PNGRB over Uran-Trombay pipeline. 8The 24 km pipeline has a capacity of 6 mmscnd with 1.50 mmscd as common carrier capacity. Find out more on the latest turn of events on this dispute click on Report .
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For reference purposes the website carries here the following tenders: 8Hiring of 1400 HP Service Rig Package in KG Basin Project Details 8Procurement of High Speed Diesel Details 8Corrigendum: Providing Services for Subscription of Midstream and Downstream Database Details 8One time supply of HSD for commissioning of DG Sets Details 8Design and Engineering Services for ongoing Critical Jobs, Process Schemes and Trouble Shooting Details 8Procurement of Sullube Compressor Fluid Details 8Procurement of Coated Line Pipes for City Gas Distribution Project Details 8Providing Services of Engineering and other Technical Specifications during execution for Engineering Service Department Details 8Supply of HP Mud Gate Valves Details 8Corrigendum: Modernization of ETP Plant at Uran Plant Details 8Construction of UG Tank and dismantling of two UG Tanks Details 8Procurement of Potassium Hydroxide Details 8Supply of butterfly valves as per specifications Details 8Carrying out HTC Compressor Acoustic Study at refinery Details 8Hiring of Mud Engineering Services and Drill Waste Management for Production Testing & Hydrofracturing of HPHT Wells Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Indian, French companies ink pacts entailing Rs 1,600 crore investment Details 8China's Zhenhua Oil to sign oil deals with Iraq, Saudi at Shanghai expo Details 8Abu Dhabi's NPCC wins $231 million construction contract from Kuwait OilDetails 8HSBC-ING complete blockchain-based transaction for Reliance IndustriesDetails 8Petrol price cut by 21 paise; total reduction reaches Rs 4.05 in 18 daysDetails 8Indian Oil Corp second quarter net profit down 12.5 per cent at Rs 3,326 croreDetails 8France, Germany, UK, EU condemn new US Iran sanctions Details 8US to allow 8 countries to continue buying Iran oil after sanctions on Nov 5: PompeoDetails 8India's Petronet, ONGC Videsh eye stake in Tellurian projectDetails 8US reimposes all Iran sanctions lifted under nuclear dealDetails 8Israel PM Netanyahu praises restoration of US sanctions on IranDetails 8ONGC posts 61% rise in net profit to Rs 8,265 cr in Sept qtrDetails 8Oil companies rope in common service centres for LPG cylindersDetails 8UAE blames Iran's "aggressive policies" for U.S. sanctions reimpositionDetails 8IT, infra sectors key to India's growth to $10 trillion economy: ReportDetails 8US allowing buying Iranian oil upholds consuming nations' interest: PradhanDetails 8Govt vs RBI: Top Jaitley man mocks RBI deputy governor AcharyaDetails 8Crude oil caps worst week since February as Iran supply fears subsideDetails 8After US relief, India works to pay for Iranian crude oil in rupeesDetails 8India, Iran put systems in place to continue crude shipmentsDetails 8India to hold meeting with Iran, Russia to implement International North South Transport CorridorDetails 8Oil price rise: Making India’s voice countDetails You can also click on Newsclips for moreDetails
A mess-up by ONGC in obtaining environmental clearance has delayed the issue of RFQs for a Rs 300 crore Greenfield Early Production System and attendant pipeline in the West Godavari district. 8The error has now been corrected and following business opportunities are now in the offing: 8Project Event: RFQ for hiring services for civil and construction works is expected by January 2019. RFQ for hiring services for mechanical equipment installation and commissioning works is expected by February 2019. RFQ for hiring an EPC contractor for pipeline installation is expected by April 2019. Click here for more detailsDetails
Oil India Ltd too seems to have got into trouble with the environment ministry over approval for a Rs 600 crore oil field development project In Upper Assam 8The proposal was rejected due to shortcomings in the application 8Then again, forest clearance for the project has not been granted. What is more, wildlife clearance has not been applied for as yet 8So the timelines for RFQs have been delayed. This is the new timetable: 8Project Event: RFQ for a third-party drilling rig is expected by Q1 2019. RFQ for equipment and oil-field chemicals is expected by Q2 2019. Click here for more detailsDetails
A pigging contract was given out by ONGC for a 6-well fluid pipeline from the GS-15-4 offshore platform to Onshore Gas Terminal, Odalrevu. 8Two companies were in the race Click on Details for more Details
H- Energy Private Ltd has begun preliminary work on the Kukrahati- Itinda natural gas pipeline that will link up to a 5 MMTPA FSRU LNG terminal promoted by Bengal Concessions Pvt. Ltd, an H-Energy subsidiary, at Kukrahati on the Hooghly river. 8The capacity of the pipeline is 18 MMSCMD. The total length of the pipeline is estimated to be about 125 km. 8A PFR consultant is under selection 8The company will look for a surveyor in January 2019. Click here for more detailsDetails
Get the latest update on the project 8What is the status of the LSTK contracts for the VGO and Hydrogen Units? 8Are there any future RFQs in the offing? Click here for more detailsDetails
Project Name: Thermal Power Expansion Project 8Project Cost: 11520 crores 8Project Description: Promoter plans to commission a 660 MW Unit-V of the 1980 MW super-critical thermal power expansion project has been put off due to delay in the possession of balance land for the power complex and ash dyke area. Currently, the piling and casting work for installing the NDCT is going on. As of now, GE Power India Ltd has emerged as the L1 bidder for the FGD system for the entire complex. Further bids are expected soon. 8Project Event: RFQ for the main plant civil works and allied piling works for the FGD system is expected by December 2018. RFQ for limestone handling plant and gypsum handling unit for the FGD system is expected by Q1 2019. 8Expenditure Approval: Sep/2014 8RFQ Date: Dec/2018 8Release Date: Dec/2018 8Start Date: Oct/2015 8Completion Date: Q3:2019 Click here for more details 8Project Name: Super Thermal Power Station - FGD Addition 8Project Cost: 375 crores 8Project Description: Promoter is evaluating techno-commercial bids for installation of FGD system in the 2600 MW thermal power station. BHEL, GE, L&T, ISGEC, Mitsubishi, Tata Power, Thermax, and SEPCO are among the major contenders. Technology analysis of the bidders is expected to start by the next month. Further bids are expected soon. 8Project Event: RFQ for the price bid is expected by the Q1 2019. 8Expenditure Approval: Q2:2018 8RFQ Date: Q1:2019 8Release Date: Q1:2019 8Start Date: 2022 8Completion Date: 2025 Click here for more details (You will be able to access the links here, only if you have a password to our sister site, www.energylineindia.com)Details
Project Name: Thermal Power Station: Installation of WFGD 8Project Cost: 520crores 8Project Description: A JV company along with consultant is planning to come out with a bid for a wet limestone-based FGD system in its 2x660 MW thermal power station. The feasibility report has been prepared. Meanwhile, the technical parameters of the FGD system are under evaluation. Further bids are expected soon. 8Project Event: RFQ for design, engineering, supply, erection, and commissioning of a wet limestone-based FGD system is expected by December 2018. 8Expenditure Approval: Q1:2018 8RFQ Date: Dec/2018 8Release Date: Dec/2018 8Start Date: 2020 8Completion Date: 2022 Click here for more details 8Project Name: Thermal Power Station: R&M Project 8Project Cost: 15 crores 8Project Description: Promoter has planned a 36-day scheduled overhaul in the 900 MW thermal power station. The major scope of work includes renovation and modernization of C&I system and replacement of air preheater basket. A further bid is expected soon. 8Project Event: RFQ for the required overhaul is expected by the Q1 2019. Click here for more details 8Owner plans to come out with an overhaul of LP valves. Click on details for more. (You will be able to access the links here, only if you have a password to our sister site, www.energylineindia.com)Details
A bunch of licensors have been selected for the Rs 43,129 crore Barmer refinery Barmer refinery project promoted by HPCL. Find out who the licensors for the following units: 8Diesel hydro-treater unit 8VGO hydro treater unit 8Naphtha Isomerisation unit 8Butane unit 8Delayed Coker Unit 8Polypropylene Unit 8Cracker unit 8High Propylene Fluidized Cracking Unit 8Prime G 8Swing unit Find out when LSTK tenders will come out, and how EIL already has one contract in hand. Click on Details for moreDetails
Indian exhibited the highest landed price for LNG in the world in September, 2018. 8But LNG landed price differentials have narrowed significantly between Europe and India, not to allow for arbitrage opportunities Click on Reports for more
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Rising pollution levels have an insidious way of inhibiting health and industry in any country. The website carries here a comprehensive document on pollution, outlining the following issues: 8Health impacts 8Crop-yield impacts 8Impacts of air pollution on areas with ice and snow 8Air pollution effects on the Asian monsoon 8Climate change impacts 8Policy interventions needed 8Priority measures to reduce health impacts and meet development goals 8The top 25 clean air measures 8Health, environmental and other development benefits 8Economic implications of the measures 8Asia’s diversity calls for tailored approaches 8Successful implementation of measures 8Conventional emission controls 8Next-stage measures 8Development priority measures 8Air pollution episodes 8Governance and finance in controlling air pollution. Click on Reports for more
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The PNGRB is introducing a fee payment system, wherein registered entities may have to pay up to Rs 50 lakh in fees. 8There will be fees for Expressions of Interest as well as for registrations 8Pipeline, CGD and LNG terminal owners will have to pay up too Click on Reports for more
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