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Dec 2021

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.
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8The bids for this DHDT tender had been submitted
8Find out who had put in their bids
Details
Get the daily updates for
8LNG 
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
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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 more
Details
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
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Details
8Tripura is one place where ONGC continue to active search for hydrocarbons.
8And on its list is a lot of exploratory drilling
Details
8The formal price tag for this resid hydro cracker is Rs 4800 crore
8But no one will be able to bid at this level, it seems Details
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
8The Karaikal LNG terminal is undergoing an existentialist crisis
And it is not just because the port is set to change ownership.
Details
8Project Name: Sundargarh and Jharsuguda District City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details Details
The PNGRB is now in a position to take some decisions
8Find out why
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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 pipeline Details
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 offices Details
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 years Details
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 rise Details
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 more   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 Details
8Project Name: Dewas District City Gas Distribution
8Project Cost: Rs 300 crore
Click here for more details Details
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 pumps Details
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 Section Details
8Procurement of Color Spectrophotometer Details
8On-Call Basis ARC for Repair and Maintenance of Non-metallic Pipe Lines at Refinery, CPP and off Site Details
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 Teli Details
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
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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
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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 subject
Details
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
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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?
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8A huge rig-related parts contract is coming up
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Details
8Bid date extended for sale of natural gas
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Details
Get the daily updates for
8LNG 
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Weekly Fertilizers
8All tankers
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details
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
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Details
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
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Details
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?
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Details
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 2021
Details
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 contract Details
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
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Invenire Energy is pushing this E&P property as oil prices continue to rule high
8Expect RFQs in early 2022
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8Get the latest update on Oil India's 5 rig purchase tender
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Details
8Both GSPC and IOC used different methods to meet its requirements of gas
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Details
For reference purposes the website carries here the following tenders:
8Carry out Pipeline RoW exposure Repair works Details
8SSupply of Pony Drill Collars Details
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 Plant Details
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-East Details
8Activist group targets Exxon with shareholder climate resolution Details
8OPINION: Bullish oil outlook crushed by rise in coronavirus cases Details
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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.
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Details
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
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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
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Details
8Project Name: Sonipat District City Gas Distribution
8Project Cost: Rs 250 crore.
Click here for more details 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 Details
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 2022
Details
ThyssenKrupp is the L-1 bidder at a bid price of Rs 1298 crore
8Three other companies were in the race
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Details
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? Details
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
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Details
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.
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Details
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.
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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. Details
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
8Gas buyers in India are getting squeezed by sellers
8Long term buyers are being dictated unrealistic terms
Click on Details for more.
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 Details
8GAIL has done a swap deal for a Janaury cargo.
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Details
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