Even the Project Management Consultant was taken aback when after submission of bids, Indian Oil Corporation Ltd, decided to pull cancel the contract. 8No explanations were given, leaving the bidders miffed, even stunned. 8After decades of experience in running projects, both the chairman Shrikant Madhav Vaidya and the project team in New Delhi's Scope Building came in for intense criticism. 8Permission was taken from the very top bosses for cancellation. Click on Details for moreDetails
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8Gas prices are moving northwards again. Click here for more 8Fresh dates for bidding for gas. Click here for more 8Dealership offer for new CNG stations. Click here for moreDetails
ONGC's Uran plant that processes the gas and condensate coming out of the company's Mumbai field 8And there is always some capex needed Click on Details for moreDetails
Ammonium Nitrate Greenfield Project 8Cost: 1750 Cr. 8Project Event: 50 percent of the engineering work has been completed, The piling work is likely to be started in January 2022, The project is likely to be commissioned in August 2024. Sulphuric Acid and Captive Power Unit Expansion Project 8Cost: 300 Cr. 8Project Event: The project is still awaiting environmental clearance, Public hearing has been completed. Internal discussion is ongoing. RFQ for the PMC contractor is likely to be released in January 2022.Details
For reference purposes the website carries here the following tenders: 8Hiring of services for instrumentation maintenance assistance at GAIL compressor station Details 8Providing of security caretaking and loss prevention services along with pipelineDetails 8Transformer distribution up to 5 MVA 60 KTA at Polypropylene unit Details 8Procurement of pipe, pipe fitting, tubes, elbows and valves Details 8Procurement of electric operated hydraulic torque wrench Details 8Engaging fire and safety support services at GAIL Dibiyapur compressor station and P/L terminals base officesDetails 8Providing of security caretaking and loss prevention services along with pipeline installation Details 8Annual Maintenance Contract for AGVC and guest house for a period of two yearsDetails 8Supply of Butterfly Valves for 60 KTA Poly Propylene Unit Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8IEA: omicron to temporarily slow global oil demand recovery Details 8Energy stocks set to break out in 2022 Details 8WoodMac: Global upstream faces ‘peak uncertainty’ in 2022 Details 8Biogas produced from cargo ships’ sewage to be used by heavy traffic Details 8Asian spot LNG prices fall below Northwest Europe as market fundamentals flip Details 8India's Adani signs PPA with SECI to supply 4.67 GW renewable power Details 8CHINA DATA: Independent refiners lift run rates to 5-month high as margins hold Details 8Crude oil futures fall as omicron threat overshadows bullish OPEC report Details 8Rosneft bets on gas in energy transition, pushes for right to export to Europe: report Details 8India says oil producers artificially adjusting oil supply leading to price riseDetails 8Centre to release 5 million barrels crude oil from strategic reserves Details 8Gail India issues tender to buy and sell LNG -sources Details 8Essar's Stanlow to invest in UK’s largest biofuels storage facility Details 8OMCs keep diesel, petrol prices steady on Tuesday Details 8No proposal to transfer ONGC's assets to OIL: Rameswar Teli, MoS -Petroleum and Natural Gas Details 8Oil prices retreat on bets that crude supply growth will exceed demand Details You can also click on Newsclips for moreDetails
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For reference purposes the website carries here the following tenders: 8Hiring of service for Coring Analysis Details 8Procurement of VFD for raw water pump house transfer pumpsDetails 8Heater package works for PDH-PPU project at Usar Details 8Annual Rate Contract for supply of LP Dozing Chemical for HRSG Details 8Procurement of Electrical Safety Equipments Details 8Hiring of agency for conducting programs for spread of awareness about wildlife conservation as per approved Site Specific Wildlife Conservation Plan in DAPL SectionDetails 8Procurement of Color Spectrophotometer Details 8On-Call Basis ARC for Repair and Maintenance of Non-metallic Pipe Lines at Refinery, CPP and off SiteDetails 8Fabrication & Erection of Piping and Structural work of VGO Revamp and Critical MOCs Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Expanded Santos names new CFO as it prepares to sell assets Details 8Modi govt planning surge in big fertilizer plants to achieve second green revolution Details 8Chip giant Taiwan's energy security on the line with LNG referendum Details 8Oil prices steady on demand concerns over Omicron spread Details 8OPEC upbeat on 2022 oil demand, says Omicron impact to be mild Details 8No proposal to transfer ONGC's assets to Oil India: Minister TeliDetails 8India's MRPL operating refinery at full capacity, eyes profit in FY22 Details 8All industrial units in Delhi have switched to clean fuels: Report Details 8Gujarat govt reduces VAT on ATF by 5 per cent in a bid to boost tourism Details 8INTERVIEW: High gas price environment likely to persist in medium term: MET Details 8European natural gas prices soar on supply shortage fears Details 8OPEC’s november oil production still below target Details 8Saudi Arabia set to become global film production destination Details You can also click on Newsclips for moreDetails
When maverick Assam Chief Minister Himanta Biswa Sharma sought a merger of ONGC's North Eastern assets with Oil India Ltd, everyone thought it had the blessings of the centre. 8After all, Sharma had delivered the North East to the BJP and what he thought was good for the North East held for the centre too Find out what is the latest on this proposal.Details
OIL's bundled contract for RSS tools plus mud engineering was handed out at a cost of Rs 210 crore 8Interesting twist to how Halliburton lost the battle Click on Details for more
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8Treatment of petroleum products under India's taxation regime is extensive and vexing. 8Particularly with tax, what is the way forward now? Click on Reports for an expanded discussion on the subjectDetails
Clearly, with oil prices moving north, the promoters of a three-blocks under the DSF regime is getting active 8Public hearing has taken place, and environment clearance is on way 8It can be a biggish Rs 180 crore project Click on Details for more
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8A combination of circumstances has got this ship management services out of Mumbai into trouble 8Will there be a turnaround later? Click on Reports for more
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Prabha Energy aims to produce 1 mmscmd of gas within "2-3" years from its CBM field 8That is a lot of production by any yardstick 849 wells have been drilled, and 33 have been put on de-watering 8The advantage of the block is it is just 60 km from the Urja Ganga pipeline Click on Reports for moreDetails
8In an alarming prediction, there is this large trading arm is claiming that gas price may stay high for as long as five years. 8There is reportedly a structural change Click on Reports for moreDetails
Tamil Nadu has an very environment sensitive lobby. 8So what exactly is the status of ONGC's application for Environmental Clearance to drill 10 exploratory wells in L-I PML block in Ariyalur district of the state? 8And what is the ministry's take on this? Click on Details for moreDetails
Ammonia Greenfield Project 8Cost: 2773 Cr. 8Project Event: Environmental clearance submission in January 2022. The RFQ for the contractor is likely to be released in March 2022. Nano Fertilizer Greenfield Project 8Cost: 119 Cr. 8Project Event: The company has hired EQMS India Pvt. Ltd for environmental clearance, the proposal for the term of reference has been granted in Feb 2021. The final preparation of the EIA report is still ongoing, a proposal for the environmental clearance is likely to be submitted at the end of February 2022. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021Details
Cairn India continues to evolve its integrated service provider business model in its Barmer E&P block 8Two service providers are now in final negotiations. Click on Details for more on what kind of a model it is going to be this time around.Details
8The DGH's inordinate delay in providing permissions to deployment of vessels is putting off vessel suppliers 8So much so that one is on the verge of giving up a Rs 500 crore crore contractDetails
Quite a few small-to-medium sized E&P projects are rushing through environment clearance 8Here are two promoters going through a public hearing in the third week of December Time for E&P service providers to stay in touch with the promoters for RFQs ahead Click on Details for more
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For reference purposes the website carries here the following tenders: 8Carry out Pipeline RoW exposure Repair works Details 8SSupply of Pony Drill CollarsDetails 8Supply of Well Logging Equipments Details 8Civil, Electrical and Mechanical Jobs for development of new outlet as well as modernization of existing outlet under Salem Retail Region Details 8Supply, installation, implementation and provision of end-to-end support for automation system at new depots Details 8Transportation of Packed LPG Cylinders by Road Ex Patna LPG Bottling PlantDetails 8Line Walking Services for BPPL Pipeline Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Aramco and CLG to co-develop heavy oil processing technology Details 8Oman bases 2022 budget on oil price of $50/b, up from $45/b in 2021 Details 8Saudi Arabia, Kuwait say they are working to raise Neutral Zone crude oil production Details 8Jittery oil market could trigger consolidation in the permian Details 8Oil rises on optimism Omicron impact will be limited on fuel demand Details 8Delhi minister Gopal Rai to hold meet today to review air pollution situation Details 8Oil prices slip on profit-taking, but head for strong weekly gain Details 8ExxonMobil, Qatar sign Cyprus gas deal despite Turkey opposition Details 8Biden orders U.S. to stop financing carbon-intense overseas fuel projects Details 8Shell walks 'tightrope' of demands amid climate change pressures Details 8Can we still be friends? Shell sends Dutch PM parting note Details 8Oil prices post biggest weekly gain since August Details 8Students of Thapar Institute design satellite to measure air pollution over Punjab Details 8Rahul, Priyanka to take part in Congress's Jaipur rally against inflation Details 8ONGC seeks minimum $4 for CBM gas, $3.5 for gas in North-EastDetails 8Activist group targets Exxon with shareholder climate resolution Details 8OPINION: Bullish oil outlook crushed by rise in coronavirus cases Details You can also click on Newsclips for moreDetails
A total of 100 million tonnes of sugar cane bagasse is produced per annum in India. 8Current use of bagasse is mostly restricted to cogeneration of steam and power, however considering its potential, cogeneration is not the best valorisation route. 8Bio-refineries is where the future lies, of generating revenues in a sustainable manner. Click on Reports for moreDetails
With oil prices high, the demand for marine logistic services is suddenly on the rise. 8And this is a good time for the depressed marine spread industry to make good for the bad times in the past Click on Reports for moreDetails
There are a bunch of coastal traffic ship owners, mostly tanker owner, who depend on public sector oil companies for work. 8They enter into agreements with oil marketing companies for a period of one to two years. 8Owing to the short tenure of these contractc, the long-term revenue visibility depends on the renewal of these contracts with existing clients or their ability to enter into new contracts with other counter parties. 8The business has its risks but if you have the right contacts and intelligence, it is a good one to be in. 8This company is an example of how business can thrive over time and with experience Click on Reports for moreDetails
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Ammonium Nitrate and Nitric Acid Greenfield Project 8Cost: 1375 Cr. 8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited at the end of January 2022. RFQ for the LSTK contractor is likely to be released in February 2022Details
8There is a huge marine spread requirement in RIL-BP's KG Basin offshore area 8Also, know more on when the next tranche of RIL gas is slated to come in?
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While we speak of CNG al the time, LPG as a vehicle fuel has a logic of their own. 8Find out here what are the reasons why LPG can be the right choice Click on Reports for moreDetails
There was a hue and cry over a reported letter by the petroleum ministry to ONGC asking it to spin off ONGC's prized Mumbai High assets to the private sector 8Objections came in from everywhere, including from the officers union 8The government did clarify its position earlier 8But a more formal and nuanced clarification has now come in on the subject, which has interesting implications when juxtaposed against what the officers union had been asking for. Click on Reports for moreDetails
Oil India Ltd will never be able to live down the Baghjan fire 8And the company's problem with the blow out only now beginning to hurt, well after the the blowout was killed in November 15. Click on Details for more.
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High crude prices juxtaposed against against subsidized gas prices makes CGD an attractive business. 8Gas prices are going up, and are to go up next year, but the price difference with fossil fuels is still quite high 8An attractive margin of around Rs 8/SCM is still on the table even if domestic prices were to double though local factors and economies of scale can whittle down the margin. Click on Reports for more.
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If you want a pre-existing infrastructure in place that you can access to supply gas to a city or an industrial unit, there are 67 such networks available. 8Take your pick Click on Reports for more.Details
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