All content in this website is sourced legitimately
Archives
All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.
Dec 2018
A look at the gas consumption data shows that the power sector continues to be the largest consumer of domestic gas
8Increasingly, the fertilizer sector, buffered by a subsidy-driven pooled price mechanism, seems to be falling behind when it comes to usage of domestic gas.
8More domestic gas is likely to be rationed out to the fast growing CGD sector
8Eventually however, when BS-VI becomes the norm, the emission standards will need a full review, as also the gas allocation policy of the government as far as CGD is concerned
Click on Reports for more. Details
8Increasingly, the fertilizer sector, buffered by a subsidy-driven pooled price mechanism, seems to be falling behind when it comes to usage of domestic gas.
8More domestic gas is likely to be rationed out to the fast growing CGD sector
8Eventually however, when BS-VI becomes the norm, the emission standards will need a full review, as also the gas allocation policy of the government as far as CGD is concerned
Click on Reports for more. Details
Following trends are expected going ahead in the oil & gas market
8IMO sulphur regulations will mean that middle distillate cracks are likely to remain well supported for the foreseeable future, whilst gasoline cracks are likely to remain weak
8The ramp up of LNG export capacity and milder weather in Northern Asia this winter, should limit the upside in LNG prices in the short term. However, longer term trends for the LNG market remain bullish.
8The key to oil prices will depend on how oil demand evolves. It is assumed that demand will grow by 1.4MMbbls/d over 2019, but given concerns of a slowdown in China, there could be downside to this number.
Click on Reports for more Details
8IMO sulphur regulations will mean that middle distillate cracks are likely to remain well supported for the foreseeable future, whilst gasoline cracks are likely to remain weak
8The ramp up of LNG export capacity and milder weather in Northern Asia this winter, should limit the upside in LNG prices in the short term. However, longer term trends for the LNG market remain bullish.
8The key to oil prices will depend on how oil demand evolves. It is assumed that demand will grow by 1.4MMbbls/d over 2019, but given concerns of a slowdown in China, there could be downside to this number.
Click on Reports for more Details
Project: NHPC is delayed in coming out with RFQs for a greenfield hydro-power project.
8DPR activities are being executed by using in-house resources.
8RFQs for drilling and drifting expected.
Click on Details for more.
Project: The owner selected NTPC as a consultant to carry out DPR activities for installation of WFGDs.
8Site surveys are being carried.
8RFQ for design, supply, transportation, construction, erection, and commissioning of flue gas desulphurization units are expected by the February 2019.
Click on Details for more. (Access only through energylineindia.com) Details
8DPR activities are being executed by using in-house resources.
8RFQs for drilling and drifting expected.
Click on Details for more.
Project: The owner selected NTPC as a consultant to carry out DPR activities for installation of WFGDs.
8Site surveys are being carried.
8RFQ for design, supply, transportation, construction, erection, and commissioning of flue gas desulphurization units are expected by the February 2019.
Click on Details for more. (Access only through energylineindia.com) Details
For reference purposes the website carries here the following tenders:
8Supply of Pressure Transmitters Details
8Supply of Steel plates at Indore IRD Details
8Transportation of Packed LPG Cylinders Details
8Corrigendum: Procurement of USM Meters Details
8Forebay mesh, Strainer/ Filter cleaning and Vessel’s manway opening/ boxup jobs Details
8Mechanised cleaning of Storage tanks at CPP 1&2 FO units for facilitating inspection and maintenance works Details
8Supply of Hydrochloric Acid in Tanker Details
8Supply of Exchanger Tube Bundles and Floating Head assembly for the exchangers Details
8Supply of VFD with DOL bypass panel Details
8Hiring of services for repairing/servicing of X-mas tree valves and other line valves Details
8Hiring of Integrated Seismic Job Service and Shot Hole Drilling Services for 3D Seismic Data Acquisition Details
8Replacement of Mud tank system for Rigs Details
8Supply and Associated Engineering Work of Natural Gas based Micro Turbine Package Details
8Hiring of ETP Services and Chartered Hired Rigs Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petronet restructures natural gas supply contract with RasGas Details
8Oil companies setting up 60 LPG bottling plants under PPP mode Details
8Punjab industrialists wary of cleaner fuel PNG on GST refunds claims Details
8Fuel at your doorstep: Indian Oil launches mobile dispensers in Chennai Details
8IOCL ramping up LPG facility in Northeast India Details
8Petrol costs Rs 34 per litre before tax, dealer commission in NCR Details
8Government aims to boost methanol economy to Rs 2 lakh cr: Gadkari Details
8India making rapid progress on green energy, climate change mitigation: Harsh Vardhan Details
8Work on Rs 3,338 crore petrol, gas pipeline to start from Dec 24 Details
8ONGC board thinks not the right time to list overseas arm OVL Details
8Reliance Industries picks 5.56% stake in tech start-up for $5 mn Details
8Petroleum products should be brought under GST: PHD Chamber Details
8Total in talks to sell North Sea oil, gas assets to private firms Details
8Crude oil price hits multi-month lows as downbeat mood persists Details
8Venezuela replaces chief overseeing state-run oil firm's joint ventures Details
8Brazil's Petrobras suspends new oil exploration or production divestments Details
8Mitsui, Saudi Aramco, Russia's RDIF in talks to buy Arctic LNG 2 stakes Details
8FSRU suppliers shift from emerging markets, cut back new orders Details
8U.S. shale producers hit the brakes on 2019 spending Details
8China carbon industry to face severe overcapacity -association Details
8ExxonMobil ship approached by Venezuelan navy off Guyana coast Details
8UAE Energy Minister: Oct will be main reference for oil output cuts Details
8Iraq Oil Minister sees improvement in oil prices early next year Details
8Crude oil prices ease on oversupply concerns ahead of Christmas holiday Details
You can also click on Newsclips for more Details
8Supply of Pressure Transmitters Details
8Supply of Steel plates at Indore IRD Details
8Transportation of Packed LPG Cylinders Details
8Corrigendum: Procurement of USM Meters Details
8Forebay mesh, Strainer/ Filter cleaning and Vessel’s manway opening/ boxup jobs Details
8Mechanised cleaning of Storage tanks at CPP 1&2 FO units for facilitating inspection and maintenance works Details
8Supply of Hydrochloric Acid in Tanker Details
8Supply of Exchanger Tube Bundles and Floating Head assembly for the exchangers Details
8Supply of VFD with DOL bypass panel Details
8Hiring of services for repairing/servicing of X-mas tree valves and other line valves Details
8Hiring of Integrated Seismic Job Service and Shot Hole Drilling Services for 3D Seismic Data Acquisition Details
8Replacement of Mud tank system for Rigs Details
8Supply and Associated Engineering Work of Natural Gas based Micro Turbine Package Details
8Hiring of ETP Services and Chartered Hired Rigs Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Petronet restructures natural gas supply contract with RasGas Details
8Oil companies setting up 60 LPG bottling plants under PPP mode Details
8Punjab industrialists wary of cleaner fuel PNG on GST refunds claims Details
8Fuel at your doorstep: Indian Oil launches mobile dispensers in Chennai Details
8IOCL ramping up LPG facility in Northeast India Details
8Petrol costs Rs 34 per litre before tax, dealer commission in NCR Details
8Government aims to boost methanol economy to Rs 2 lakh cr: Gadkari Details
8India making rapid progress on green energy, climate change mitigation: Harsh Vardhan Details
8Work on Rs 3,338 crore petrol, gas pipeline to start from Dec 24 Details
8ONGC board thinks not the right time to list overseas arm OVL Details
8Reliance Industries picks 5.56% stake in tech start-up for $5 mn Details
8Petroleum products should be brought under GST: PHD Chamber Details
8Total in talks to sell North Sea oil, gas assets to private firms Details
8Crude oil price hits multi-month lows as downbeat mood persists Details
8Venezuela replaces chief overseeing state-run oil firm's joint ventures Details
8Brazil's Petrobras suspends new oil exploration or production divestments Details
8Mitsui, Saudi Aramco, Russia's RDIF in talks to buy Arctic LNG 2 stakes Details
8FSRU suppliers shift from emerging markets, cut back new orders Details
8U.S. shale producers hit the brakes on 2019 spending Details
8China carbon industry to face severe overcapacity -association Details
8ExxonMobil ship approached by Venezuelan navy off Guyana coast Details
8UAE Energy Minister: Oct will be main reference for oil output cuts Details
8Iraq Oil Minister sees improvement in oil prices early next year Details
8Crude oil prices ease on oversupply concerns ahead of Christmas holiday Details
You can also click on Newsclips for more Details
India seems to be keen on pushing methanol as a competitive fuel. NITI Aayog has set up an Apex Committee and five task forces to develop a roadmap.
8It is estimated that a 15% methanol blending can result in replacement of around 31.9 million tons of crude oil.
8Technological advances are helping pave new policies, including small-scale, highly efficient methanol plants.
8A 'methanol in a box" system can house an entire plant within a 40-foot shipping container
8Methanol in fact is better than diesel by a factor of 240 times, according to a report
8Methanol now is emerging as a viable marine fuel alternative
Click on Reports for more Details
8It is estimated that a 15% methanol blending can result in replacement of around 31.9 million tons of crude oil.
8Technological advances are helping pave new policies, including small-scale, highly efficient methanol plants.
8A 'methanol in a box" system can house an entire plant within a 40-foot shipping container
8Methanol in fact is better than diesel by a factor of 240 times, according to a report
8Methanol now is emerging as a viable marine fuel alternative
Click on Reports for more Details
Building the pipeline should be the key focus of Focus Energy
8Or else, risks will continue to build
Click on Details for more Details
8Or else, risks will continue to build
Click on Details for more Details
If you are into the crude tanker business, here is a bit of advise to invest in a counter-cyclical manner
8Tonne miles are increasing but a lot of it is undermined by US exports
8Then again, vessel supply is contracting, driven by industrial replacement or "cheaper prices".
82019 will see supply headwinds for VLCCs
8Find out more on an owner's dilemma when it comes to recycling as the pipeline for more recycling continues to build
Click on Reports for more Details
8Tonne miles are increasing but a lot of it is undermined by US exports
8Then again, vessel supply is contracting, driven by industrial replacement or "cheaper prices".
82019 will see supply headwinds for VLCCs
8Find out more on an owner's dilemma when it comes to recycling as the pipeline for more recycling continues to build
Click on Reports for more Details
Find out the likely cost of processing of crude and gas produced by operators of fields auctioned under the Discovered Small Field Rounds.
8Also know more about what kind of transportation costs that they are likely to pay.
8All producers will also have to establish facilities for transportation of crude and gas
8There will also be a separate charge for transportation of crude from processing station to refineries
8Any additional facilities set up by OIL or ONGC for transportation or processing of crude or gas will have to be paid for separately
Click on Reports for more Details
8Also know more about what kind of transportation costs that they are likely to pay.
8All producers will also have to establish facilities for transportation of crude and gas
8There will also be a separate charge for transportation of crude from processing station to refineries
8Any additional facilities set up by OIL or ONGC for transportation or processing of crude or gas will have to be paid for separately
Click on Reports for more Details
There seems to be a concerted campaign to book officials in the pre-NDA period for allegedly helping out RIL in its dealings with the government.
8The PAC has already called for action against those officials for granting permission to RIL's KG Basin investments without going through third-party assessments
8The lens within the government is now on a switch of a crude oil offtake contract from the MA field in the D-6 Block to RIL from Chennai Petroleum Corporation Ltd just before the Modi-led government came to power, highly placed government sources told this website.
Click on Details for more on what is up Details
8The PAC has already called for action against those officials for granting permission to RIL's KG Basin investments without going through third-party assessments
8The lens within the government is now on a switch of a crude oil offtake contract from the MA field in the D-6 Block to RIL from Chennai Petroleum Corporation Ltd just before the Modi-led government came to power, highly placed government sources told this website.
Click on Details for more on what is up Details
ONGC allowed service providers to get away lightly when it comes to paying for environmental damage
8"They should have been liable to pay for all damages, but they have been allowed to get away lightly," an ONGC official said
Click on Details for more Details
8"They should have been liable to pay for all damages, but they have been allowed to get away lightly," an ONGC official said
Click on Details for more Details
What happens to abandonment charges under a Production Enhancement Contract?
8The liability will lie with the owner, which is ONGC
8But how will ONGC account for abandonment charges for new wells built by service providers under the PEC?
Click on Details for more. Details
8The liability will lie with the owner, which is ONGC
8But how will ONGC account for abandonment charges for new wells built by service providers under the PEC?
Click on Details for more. Details
The Geleki field is now to be hived off under a Production Enhancement Contract
8But ONGC had its own 70-well development well drilling
8The problem however was that Geleki was lumped into a massive Rs 6000 crore development drilling programme that ONGC had outlined within its oil-producing fields in the North East
8But environment clearance was rejected multiple times, though a final hearing took place yesterday, where the plan was meant to be cleared
8ONGC will now proceed with a 130-well drilling programme, assuming Geleki is handed over to a service provider under a PEC
Click on Details for more, including key contacts for more updates. Details
8But ONGC had its own 70-well development well drilling
8The problem however was that Geleki was lumped into a massive Rs 6000 crore development drilling programme that ONGC had outlined within its oil-producing fields in the North East
8But environment clearance was rejected multiple times, though a final hearing took place yesterday, where the plan was meant to be cleared
8ONGC will now proceed with a 130-well drilling programme, assuming Geleki is handed over to a service provider under a PEC
Click on Details for more, including key contacts for more updates. Details
What is the latest status on Focus Energy's Rs 1750 crore Langtala- Bhilwara Greenfield Natural Gas Pipeline Project?
8This pipeline will enable evacuation of natural gas from RJ-ON/6 block Jaisalmer to the Hazira- Vijaypur- Jagdishpur pipeline of GAIL.
8When is capital approval likely?
8When are RFQs likely for the project?
Click on Details for more Details
8This pipeline will enable evacuation of natural gas from RJ-ON/6 block Jaisalmer to the Hazira- Vijaypur- Jagdishpur pipeline of GAIL.
8When is capital approval likely?
8When are RFQs likely for the project?
Click on Details for more Details
Project Name: Maitree Super Thermal Power Greenfield Project
8Project Cost: 9000 crores
8Project Description: The EPC contractor BHEL along with contractors is carrying out concreting activities of the main plant area and the turbine-generator hall for the 1320 MW (2x660 MW) greenfield super-critical thermal power plant located at Rampal, in the Khulna district of Bangladesh under the Bangladesh-India Friendship Power Company (Pvt.) Limited, a JV of NTPC and BPDB. Piling works in the coal handling plant are in progress. The project is getting delayed due to being at the vicinity of an ecologically critical area, Sunderbans. Moreover, boiler equipment will be supplied by GE Power, coal handling package by Shrachi’s BTL, ESP, turbo-generator, and FGD by BHEL, and civil works by Power Mech Projects. BHEL has recently floated a bid for the wastewater treatment system for the FGD system. Further bids are expected soon.
8Project Event: RFQ for the civil, structural, piling and architectural works of the FGD system is expected by March 2019 by BHEL.
8Expenditure Approval: Q4:2015
8RFQ Date: Mar/2019
8Release Date: Mar/2019
8Start Date: Q2:2018
8Completion Date: Q3:2022
Click here for more details (Access only through energylineindia.com) Details
8Project Cost: 9000 crores
8Project Description: The EPC contractor BHEL along with contractors is carrying out concreting activities of the main plant area and the turbine-generator hall for the 1320 MW (2x660 MW) greenfield super-critical thermal power plant located at Rampal, in the Khulna district of Bangladesh under the Bangladesh-India Friendship Power Company (Pvt.) Limited, a JV of NTPC and BPDB. Piling works in the coal handling plant are in progress. The project is getting delayed due to being at the vicinity of an ecologically critical area, Sunderbans. Moreover, boiler equipment will be supplied by GE Power, coal handling package by Shrachi’s BTL, ESP, turbo-generator, and FGD by BHEL, and civil works by Power Mech Projects. BHEL has recently floated a bid for the wastewater treatment system for the FGD system. Further bids are expected soon.
8Project Event: RFQ for the civil, structural, piling and architectural works of the FGD system is expected by March 2019 by BHEL.
8Expenditure Approval: Q4:2015
8RFQ Date: Mar/2019
8Release Date: Mar/2019
8Start Date: Q2:2018
8Completion Date: Q3:2022
Click here for more details (Access only through energylineindia.com) Details
Ammonia-Urea Revamp Project
8Cost - Rs 6000 Crore
8Project Event: The erection and installation are ongoing for the ammonia converter in ammonia unit and 90.5 % physical progress has been completed.The commissioning has been delayed by 6 month due to delay in the construction, now the plant is likely to be commissioned by June 2019 in place of December 2018.
Click here for more details
Ammonia-Urea Energy Revamp Project
8Cost - Rs 200 Crore
8Project Event: The basic engineering study was carried out by KBR and detail engineering is still ongoing by PDIL, and is likely to be completed in January 2019. The project is likely to be commissioned by the end of 2020.
Click here for more details
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 10 Crore
8Project Event: Tender for a registered maintenance contractor is likely to be released in February 2019.
Click here for more details Details
8Cost - Rs 6000 Crore
8Project Event: The erection and installation are ongoing for the ammonia converter in ammonia unit and 90.5 % physical progress has been completed.The commissioning has been delayed by 6 month due to delay in the construction, now the plant is likely to be commissioned by June 2019 in place of December 2018.
Click here for more details
Ammonia-Urea Energy Revamp Project
8Cost - Rs 200 Crore
8Project Event: The basic engineering study was carried out by KBR and detail engineering is still ongoing by PDIL, and is likely to be completed in January 2019. The project is likely to be commissioned by the end of 2020.
Click here for more details
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 10 Crore
8Project Event: Tender for a registered maintenance contractor is likely to be released in February 2019.
Click here for more details Details
Adani Welspun Exploration Ltd has decided to put off development of yet another field.
8The whole Rs 500 crore project was meant to be executed through the Lump Sum Integrated Project Management route
8This is the second field where investment has been deferred and RFQs have been put on hold.
Click on Details to find out what is going on Details
8The whole Rs 500 crore project was meant to be executed through the Lump Sum Integrated Project Management route
8This is the second field where investment has been deferred and RFQs have been put on hold.
Click on Details to find out what is going on Details
The $5 billion project has a massive $300 million outlay for consultants of all sorts
8Four companies are in the race for this particular contract
Click on Details for more Details
8Four companies are in the race for this particular contract
Click on Details for more Details
8Project Name: Greenfield POL Storage Depot Project
8Project Cost: Rs 283 crore
8Project Description: RITES is the PMC.
8Get an update on the project, including key contacts and future RFQs
8Project completion is Q3, 2020
Click on Details for more Details
8Project Cost: Rs 283 crore
8Project Description: RITES is the PMC.
8Get an update on the project, including key contacts and future RFQs
8Project completion is Q3, 2020
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply and Commissioning of workstations Details
8Procurement of Heavy Weight Drill Pipes Details
8Procurement of Bit Breaker & Bit Gauge Details
8Carrying out Civil Works at RGMC and Terminals Details
8Purchase of Portable LEL cum Oxygen Detectors Details
8Design and Commissioning of Gas Detections System at Hazira Compressor Station Details
8Hiring of Commercial Vehicles for Transportation of CNG through Cascades Details
8Supply of Soda Ash for Cooling Towers Details
8Hiring of Support Services as and when required basis for Operation & Maintenance Jobs Details
8Hiring of Surface Production Testing Services, Well Activation/ Stimulation/ Killing Services Details
8Corrigendum: Design, Engineering and Supply of Blast Resistant Modules at refinery Details
8Insulation removal of Pipes at refinery Details
8Piping Works for LPG, Firewater Network & Instrument Air Line, Service Water and Associated Works at LPG Bottling Plant Details
8Supply and Installation of Conveyor System at LPG Plant Details
8Bid Document for the PNG Control Room Manpower Services for Kanpur and Bareilly Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8PM Modi to announce Oil & Gas, road projects worth over Rs 14,500 cr for Odisha Details
8Share market update: OMCs trade in the red; GAIL slips 1% Details
8ONGC board approves Rs 4,022 crore share buyback Details
8PM Narendra Modi to lay foundation of Paradip Hyderabad Pipeline Product Project and Bokaro-Angul section of Jagdishpur-Haldia & Bokaro-Dhamra Gas Pipeline Project in Odisha Details
8India’s energy subsidies moving in the right direction Details
8Petrotech to strengthen global oil, gas engagement, says Union Minister Dharmendra Pradhan Details
8Petrol, diesel prices slashed by up to 20 paise per litre on Friday. Check rates here Details
8Oil prices rise as OPEC output cuts seen deeper than previously expected Details
8India’s crude oil imports from Iran declined 21% in November, 37% jump in shipments from Saudi and Iraq Details
8Government loses big as value of PSU holdings at record low Details
8Niti Aayog sets stiff targets to curb air pollution, pitches for stringent civil penalties Details
8India mulls building natural gas reserves Details
8ExxonMobil shelves WCC LNG export terminal project in Canada Details
8ANALYSIS: Rising LNG demand to exert more pull on US natgas prices Details
8US oil production seen accelerating, Venezuela output to decrease, says IEA head Details
8RWE signs second LNG supply deal with Australia's Woodside Details
8China's CNAF signs strategic alliance pact with oil major BP Details
8German regulator removes LNG connection line from grid expansion plan Details
8US grants Iraq 90-day extension to Iran sanctions waiver Details
You can also click on Newsclips for more Details
8Supply and Commissioning of workstations Details
8Procurement of Heavy Weight Drill Pipes Details
8Procurement of Bit Breaker & Bit Gauge Details
8Carrying out Civil Works at RGMC and Terminals Details
8Purchase of Portable LEL cum Oxygen Detectors Details
8Design and Commissioning of Gas Detections System at Hazira Compressor Station Details
8Hiring of Commercial Vehicles for Transportation of CNG through Cascades Details
8Supply of Soda Ash for Cooling Towers Details
8Hiring of Support Services as and when required basis for Operation & Maintenance Jobs Details
8Hiring of Surface Production Testing Services, Well Activation/ Stimulation/ Killing Services Details
8Corrigendum: Design, Engineering and Supply of Blast Resistant Modules at refinery Details
8Insulation removal of Pipes at refinery Details
8Piping Works for LPG, Firewater Network & Instrument Air Line, Service Water and Associated Works at LPG Bottling Plant Details
8Supply and Installation of Conveyor System at LPG Plant Details
8Bid Document for the PNG Control Room Manpower Services for Kanpur and Bareilly Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8PM Modi to announce Oil & Gas, road projects worth over Rs 14,500 cr for Odisha Details
8Share market update: OMCs trade in the red; GAIL slips 1% Details
8ONGC board approves Rs 4,022 crore share buyback Details
8PM Narendra Modi to lay foundation of Paradip Hyderabad Pipeline Product Project and Bokaro-Angul section of Jagdishpur-Haldia & Bokaro-Dhamra Gas Pipeline Project in Odisha Details
8India’s energy subsidies moving in the right direction Details
8Petrotech to strengthen global oil, gas engagement, says Union Minister Dharmendra Pradhan Details
8Petrol, diesel prices slashed by up to 20 paise per litre on Friday. Check rates here Details
8Oil prices rise as OPEC output cuts seen deeper than previously expected Details
8India’s crude oil imports from Iran declined 21% in November, 37% jump in shipments from Saudi and Iraq Details
8Government loses big as value of PSU holdings at record low Details
8Niti Aayog sets stiff targets to curb air pollution, pitches for stringent civil penalties Details
8India mulls building natural gas reserves Details
8ExxonMobil shelves WCC LNG export terminal project in Canada Details
8ANALYSIS: Rising LNG demand to exert more pull on US natgas prices Details
8US oil production seen accelerating, Venezuela output to decrease, says IEA head Details
8RWE signs second LNG supply deal with Australia's Woodside Details
8China's CNAF signs strategic alliance pact with oil major BP Details
8German regulator removes LNG connection line from grid expansion plan Details
8US grants Iraq 90-day extension to Iran sanctions waiver Details
You can also click on Newsclips for more Details
Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 Crore
8Project Event: The company has hired Casale as the technology licencor. Currently, environmental clearance from the State Environment Impact Assessment Authority is awaited, and there may be a slight delay in the project. The RFQ for EPC contractor is likely to be released in January 2019 in place of November 2018.
Click here for more details
Phosphoric Acid Expansion Project
8Cost - Rs 100 Crore
8Project Event: Erection & installation of mechanical & electrical have been 60 % completed. Commissioning is likely in July 2019.
Click here for more details Details Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 Crore 8Project Event: The company has hired Casale as the technology licencor. Currently, environmental clearance from the State Environment Impact Assessment Authority is awaited, and there may be a slight delay in the project. The RFQ for EPC contractor is likely to be released in January 2019 in place of November 2018. Click here for more details Phosphoric Acid Expansion Project 8Cost - Rs 100 Crore 8Project Event: Erection & installation of mechanical & electrical have been 60 % completed. Commissioning is likely in July 2019. Click here for more details Details Details
8Cost - Rs 1750 Crore
8Project Event: The company has hired Casale as the technology licencor. Currently, environmental clearance from the State Environment Impact Assessment Authority is awaited, and there may be a slight delay in the project. The RFQ for EPC contractor is likely to be released in January 2019 in place of November 2018.
Click here for more details
Phosphoric Acid Expansion Project
8Cost - Rs 100 Crore
8Project Event: Erection & installation of mechanical & electrical have been 60 % completed. Commissioning is likely in July 2019.
Click here for more details Details Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 Crore 8Project Event: The company has hired Casale as the technology licencor. Currently, environmental clearance from the State Environment Impact Assessment Authority is awaited, and there may be a slight delay in the project. The RFQ for EPC contractor is likely to be released in January 2019 in place of November 2018. Click here for more details Phosphoric Acid Expansion Project 8Cost - Rs 100 Crore 8Project Event: Erection & installation of mechanical & electrical have been 60 % completed. Commissioning is likely in July 2019. Click here for more details Details Details
For reference purposes the website carries here the following tenders:
8Engangement of TPIA at Patna LPG for MSV Details
8License for Bina Biofuel Plant Details
8ARC for construction of new approach roads leading to well sites Details
8Installation, Operation and Maintenance of Pilot Plant Facility to be set up for recovery of Oil from Oily Sludge Details
8Hiring of catering and housekeeping services at Offshore platforms / Rigs/ Vessels Details
8Procurement of Glutaraldehyde and Tetrakis Phosphonium Sulfate Details
8Contract for services of Discharging, Boost Charging and Capacity Test of Battery Banks Details
8Land Survey thru Private Land Surveyor for preparation of Site Plan for Submitting to MIDC Details
8ARC of GPS based Foot Patrolling, Surveillance, Report Generation and Report Submission for Pipelines Details
8Procurement of various Valves Details
8Hiring of Comprehensive O&M services for Heat Ventilation and Air-Conditioning systems Details
8Carrying out Conveyor Works Details
8Procurement of Assorted Valves for Pipeline Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Mumbai: Fuel prices up second day in a row Details
8Goa: Transport department asked to fix LPG detectors, reroute cables Details
8Airlines, oil companies gain on easing crude prices Details
8Number of fuel bunks in Hyderabad to double, dealers raise concern Details
8NITI Aayog says privatise power discoms, implement commercial coal mining, break up oil regulator Details
8PAC seeks inquiry into approval of RIL's gas field cost without third party validation Details
8NITI Aayog says renewable purchase obligations should be strictly enforced Details
8ONGC to invest 60 bln rupees on wells in Assam Details
8With high crude rates, ONGC profit may surge this fiscal year: Official Details
8IOC released 5.14 lakh Gas Connections under PMUY Details
8ONGC Board to consider OVL listing but IPO ruled out in near future Details
8Tumbling oil prices have delivered an early Christmas present to India’s currency market Details
8Indian government plans to pay five Iran banks for oil imports Details
8South Korea's 2018 LNG imports to hit record high over 42 mt Details
8OMV joins ADNOC for Ghasha gas project in Abu Dhabi Details
8Poland seeks contractor for LNG terminal expansion Details
8BRIEF: Aramco will double gas production and availability over 10 years: Energy minister Details
8Saudi energy minister expects oil stocks to fall by end of first quarter Details
8Shell to acquire 49 per cent stake in Cleantech Solar Details
8Where are gold, rupee and oil prices headed in 2019? Details
8Poland signs long-term deal to buy natural gas from the US for 20 years Details
You can also click on Newsclips for more Details
8Engangement of TPIA at Patna LPG for MSV Details
8License for Bina Biofuel Plant Details
8ARC for construction of new approach roads leading to well sites Details
8Installation, Operation and Maintenance of Pilot Plant Facility to be set up for recovery of Oil from Oily Sludge Details
8Hiring of catering and housekeeping services at Offshore platforms / Rigs/ Vessels Details
8Procurement of Glutaraldehyde and Tetrakis Phosphonium Sulfate Details
8Contract for services of Discharging, Boost Charging and Capacity Test of Battery Banks Details
8Land Survey thru Private Land Surveyor for preparation of Site Plan for Submitting to MIDC Details
8ARC of GPS based Foot Patrolling, Surveillance, Report Generation and Report Submission for Pipelines Details
8Procurement of various Valves Details
8Hiring of Comprehensive O&M services for Heat Ventilation and Air-Conditioning systems Details
8Carrying out Conveyor Works Details
8Procurement of Assorted Valves for Pipeline Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Mumbai: Fuel prices up second day in a row Details
8Goa: Transport department asked to fix LPG detectors, reroute cables Details
8Airlines, oil companies gain on easing crude prices Details
8Number of fuel bunks in Hyderabad to double, dealers raise concern Details
8NITI Aayog says privatise power discoms, implement commercial coal mining, break up oil regulator Details
8PAC seeks inquiry into approval of RIL's gas field cost without third party validation Details
8NITI Aayog says renewable purchase obligations should be strictly enforced Details
8ONGC to invest 60 bln rupees on wells in Assam Details
8With high crude rates, ONGC profit may surge this fiscal year: Official Details
8IOC released 5.14 lakh Gas Connections under PMUY Details
8ONGC Board to consider OVL listing but IPO ruled out in near future Details
8Tumbling oil prices have delivered an early Christmas present to India’s currency market Details
8Indian government plans to pay five Iran banks for oil imports Details
8South Korea's 2018 LNG imports to hit record high over 42 mt Details
8OMV joins ADNOC for Ghasha gas project in Abu Dhabi Details
8Poland seeks contractor for LNG terminal expansion Details
8BRIEF: Aramco will double gas production and availability over 10 years: Energy minister Details
8Saudi energy minister expects oil stocks to fall by end of first quarter Details
8Shell to acquire 49 per cent stake in Cleantech Solar Details
8Where are gold, rupee and oil prices headed in 2019? Details
8Poland signs long-term deal to buy natural gas from the US for 20 years Details
You can also click on Newsclips for more Details
Who has won the tender for dry docking and repairs for the ONGC rig Sagar Samrat?
8The floater needed to go through a mandatory dry docking process twice every five years
8Three shipyards were in the race, including a foreign one.
Find out for how much the contract went for. Details
8The floater needed to go through a mandatory dry docking process twice every five years
8Three shipyards were in the race, including a foreign one.
Find out for how much the contract went for. Details
8Project Name: Offshore Exploration
8Project Cost: Rs 150 crore
8Project Description: The private sector player is looking at an integrated E&P programme. A clutch of international service majors had shown interest. There has been a delay in getting approval to move to phase-II in this NELP block
Click on Details for more. Click here for more details Details
8Project Cost: Rs 150 crore
8Project Description: The private sector player is looking at an integrated E&P programme. A clutch of international service majors had shown interest. There has been a delay in getting approval to move to phase-II in this NELP block
Click on Details for more. Click here for more details Details
Know more about OIL's heavy oil development drilling programme in the Baghewala Mining Lease Area
8A new drilling plan -- undertaken with a John Energy rig -- had yielded positive results.
8Workover operations are planned now
Click on Details for more Details
8A new drilling plan -- undertaken with a John Energy rig -- had yielded positive results.
8Workover operations are planned now
Click on Details for more Details
8Project Name: Offshore Exploration
8Project Cost: Rs 150 crore
8Project Description: The private sector player is looking at an integrated E&P programme. A clutch of international service majors had shown interest. There has been a delay in getting approval to move to phase-II in this NELP block
Click on Details for more. Click here for more details Details
8Project Cost: Rs 150 crore
8Project Description: The private sector player is looking at an integrated E&P programme. A clutch of international service majors had shown interest. There has been a delay in getting approval to move to phase-II in this NELP block
Click on Details for more. Click here for more details Details
All attention of the Modi government is concentrated in keeping the Congress out of power in the North East
8A slew of pipeline projects were announced to connect different cities in this remote area
8One such project is the Guwahati-Silchar-Imphal Greenfield Product Pipeline Project, promoted by IOC
8But pushing a project from the drawing board to reality is more complicated than in the rest of the country
Click on Details to find out more Details
8A slew of pipeline projects were announced to connect different cities in this remote area
8One such project is the Guwahati-Silchar-Imphal Greenfield Product Pipeline Project, promoted by IOC
8But pushing a project from the drawing board to reality is more complicated than in the rest of the country
Click on Details to find out more Details
The Kochi Refinery Greenfield Propylene Derivative Petrochemical Project is going to be in pre-commissioning phase soon.
8Get to know when mechanical completion is expected.
8And when is commissioning?
Click on Details for more Details
8Get to know when mechanical completion is expected.
8And when is commissioning?
Click on Details for more Details
8Oil and Natural Gas Corporation Limited's annual TCR (tungsten carbide roller bit) Drill bits contract is coming up
Click on Details for more Details
Click on Details for more Details
Project: Bid documents are getting prepared for installation of Wet Flue Gas Desulphurisation system.
8All the statutory approvals have been obtained.
8When are the RFQs expected?
Click on Details for more.
Project: The EPC contractor along with sub-contractors is carrying out concreting works in a 1320 MW supercritical thermal power project.
8Commissioning is expected by 2021.
8Find out what kind of RFQs are left to come out?
Click on Details for more.
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details
8All the statutory approvals have been obtained.
8When are the RFQs expected?
Click on Details for more.
Project: The EPC contractor along with sub-contractors is carrying out concreting works in a 1320 MW supercritical thermal power project.
8Commissioning is expected by 2021.
8Find out what kind of RFQs are left to come out?
Click on Details for more.
(Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details
Has the ambitious Rs 22,000 crore Numaligarh Refinery Expansion elicited a PIB approval?
8Or it had not?
Click on Details for more Details
8Or it had not?
Click on Details for more Details
The private sector led commercial LPG market has seen far more technological advances than the traditional subsidy driven LPG business.
8Delivery models are far more sophisticated
8Joining up as a franchisee with a smart private sector player possibly makes more business sense than to become a traditional LPG stockist and distributor to a public sector company.
Click on Reports for more Details
8Delivery models are far more sophisticated
8Joining up as a franchisee with a smart private sector player possibly makes more business sense than to become a traditional LPG stockist and distributor to a public sector company.
Click on Reports for more Details
In less than a month, China is set to tighten its sulfur limit restrictions for ships by imposing a 0.5% bunker fuel sulfur limit not only in its initially designated Emission Control Areas but also along its entire coastline, a move likely to spur demand for cleaner fuels, industry sources said.
8Will India, given its daunting levels of pollution follow suit?
8If the Indian shipping industry was hoping that its policy planners would provide relief from the IMO 2020 guidelines by diluting them for ships moving around the Indian coastline, the Chinese example shows that it may not be the case.
8So investing to prepare for a post 2020 world is the only option left for Indian shippers, it seems
Click on Reports for more Details
8Will India, given its daunting levels of pollution follow suit?
8If the Indian shipping industry was hoping that its policy planners would provide relief from the IMO 2020 guidelines by diluting them for ships moving around the Indian coastline, the Chinese example shows that it may not be the case.
8So investing to prepare for a post 2020 world is the only option left for Indian shippers, it seems
Click on Reports for more Details
2019 could be a record year globally for LNG project sanctions with over 220 million mt/year of gas targeting FID.
8The Mozambique project -- with the Indian trio of OIL, ONGC and BPCL heavily invested in it -- is expected to be one of them.
8There is a buyers market currently prevalent around the world, and the less prepared projects not prepared to go through next year may see their FIDs slipping to 2020 or beyond
Click on Reports for more
Details
8The Mozambique project -- with the Indian trio of OIL, ONGC and BPCL heavily invested in it -- is expected to be one of them.
8There is a buyers market currently prevalent around the world, and the less prepared projects not prepared to go through next year may see their FIDs slipping to 2020 or beyond
Click on Reports for more
Details
The oil & gas industry is procurement heavy.
8And a massive transition is needed to what is now termed as a next-generation operating model for a "source-to-pay" paradigm.
8Getting started on a transition to new models may seem daunting but eventually a transition is all but inevitable.
Click on Reports for more Details
8And a massive transition is needed to what is now termed as a next-generation operating model for a "source-to-pay" paradigm.
8Getting started on a transition to new models may seem daunting but eventually a transition is all but inevitable.
Click on Reports for more Details
India has a very active offshore E&P business and it is growing every year
8And yet, there are many in the oil & gas industry who are not adequately versed on the intricacies of the business.
8For them, the website carries here a full template of how the offshore business works, what kinds of equipment are needed, how do they work, and what are the technological advances coming up ahead
Click on Reports for more
Details
8And yet, there are many in the oil & gas industry who are not adequately versed on the intricacies of the business.
8For them, the website carries here a full template of how the offshore business works, what kinds of equipment are needed, how do they work, and what are the technological advances coming up ahead
Click on Reports for more
Details
Is the Barauni-Guwahati gas pipeline coming up without the need for viability gap funding?
8The issue came into focus after H-Energy fired off a letter wanting to know the basis on which the pipeline was sanctioned by the PNGRB.
Find out more Details
8The issue came into focus after H-Energy fired off a letter wanting to know the basis on which the pipeline was sanctioned by the PNGRB.
Find out more Details
The steel ministry is reported to be considering a proposal to modify the domestic content policy for supply of steel pipes.
8Find out why this reconsideration is taking place.
8Know more on the contours of the new policy that is under consideration.
8Also know more on how the policy is adversely impacting oil & gas companies in India as the cost of pipes has flared up because of lack of competition.
Click on Details for more Details
8Find out why this reconsideration is taking place.
8Know more on the contours of the new policy that is under consideration.
8Also know more on how the policy is adversely impacting oil & gas companies in India as the cost of pipes has flared up because of lack of competition.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Supply of Automated External Defibrillator Details
8Procurement of Heavy Duty Spanners Details
8Hiring of CHA Services for Polymer Export Details
8Procurement of Measuring Equipments Details
8Procurement of TCR Bits for 2019-20 Details
8Replacement of Booster Pump with higher capacities at Heera Platform Details
8Installation of additional manifold headers Details
8Supply of Water and Minor Civil Works for Hydro Fracturing Jobs Details
8Engineering and Project Management Services for laying new LPG Pipeline Details
8Construction of Hoods of CDU4 CT for refinery Details
8Supply of Fresh Catalyst for Hydrocracker Unit at refinery Details
8Mechanical Seal Refurbishment and Test Unit Details
8Supply of Motor Driven Variable Suction CNG Reciprocating Compressors Details
8Reactors Catalyst unloading and loading jobs Details
8Supply of Centralised Vapour Recovery System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Arabia, Reliance in talks for refinery, petrochemical project: Saudi Oil Minister Details
8ONGC’s $1.7 billion deep sea award perks up oilfield services market Details
8Moderation in R-LNG prices will improve profitability for urea players: ICRA Details
8Want deposit-free LPG connection, interest free loan, Rs 16,007 cash? PM Modi has just announced this gift Details
8OMC stocks extend gains on global supply concerns; IOC, HPCL rise Details
8Diesel Impact: escalation of crude oil is the major reason for the RTC sector loss Details
8Govt must realise making money is no sin: Vedanta Chairman Anil Agarwal Details
8Buy GAIL India, target Rs 380: Nandish Shah Details
8Centre pushes for 100% LPG Connections, refills are another matter Details
8Petrol, diesel price remain unchanged on Wednesday. Check prices here Details
8Rupee at near three-week high on likely soft Fed outlook, low crude Details
8CNOOC inks agreements with 9 firms for oil, gas exploration in South China Details
8China's CNOOC to boost oil, gas exploration spending Details
8Russia signals oil output decline in 2019 after 10 years of growth Details
8Oil prices fall for third straight session amid supply glut worries Details
8Iran hackers behind attacks on oil and gas companies in Gulf and Europe Details
8Oil plunges to $47. Worries about economy collide with supply glut Details
8Oil & gas moving faster to digital Details
8Paris climate accord: The emission issue that was left untouched Details
8Rupee posts best gain in over five years as crude prices fall Details
8Canada gives struggling oil sector C$1.6 billion boost Details
You can also click on Newsclips for more Details
8Supply of Automated External Defibrillator Details
8Procurement of Heavy Duty Spanners Details
8Hiring of CHA Services for Polymer Export Details
8Procurement of Measuring Equipments Details
8Procurement of TCR Bits for 2019-20 Details
8Replacement of Booster Pump with higher capacities at Heera Platform Details
8Installation of additional manifold headers Details
8Supply of Water and Minor Civil Works for Hydro Fracturing Jobs Details
8Engineering and Project Management Services for laying new LPG Pipeline Details
8Construction of Hoods of CDU4 CT for refinery Details
8Supply of Fresh Catalyst for Hydrocracker Unit at refinery Details
8Mechanical Seal Refurbishment and Test Unit Details
8Supply of Motor Driven Variable Suction CNG Reciprocating Compressors Details
8Reactors Catalyst unloading and loading jobs Details
8Supply of Centralised Vapour Recovery System Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Arabia, Reliance in talks for refinery, petrochemical project: Saudi Oil Minister Details
8ONGC’s $1.7 billion deep sea award perks up oilfield services market Details
8Moderation in R-LNG prices will improve profitability for urea players: ICRA Details
8Want deposit-free LPG connection, interest free loan, Rs 16,007 cash? PM Modi has just announced this gift Details
8OMC stocks extend gains on global supply concerns; IOC, HPCL rise Details
8Diesel Impact: escalation of crude oil is the major reason for the RTC sector loss Details
8Govt must realise making money is no sin: Vedanta Chairman Anil Agarwal Details
8Buy GAIL India, target Rs 380: Nandish Shah Details
8Centre pushes for 100% LPG Connections, refills are another matter Details
8Petrol, diesel price remain unchanged on Wednesday. Check prices here Details
8Rupee at near three-week high on likely soft Fed outlook, low crude Details
8CNOOC inks agreements with 9 firms for oil, gas exploration in South China Details
8China's CNOOC to boost oil, gas exploration spending Details
8Russia signals oil output decline in 2019 after 10 years of growth Details
8Oil prices fall for third straight session amid supply glut worries Details
8Iran hackers behind attacks on oil and gas companies in Gulf and Europe Details
8Oil plunges to $47. Worries about economy collide with supply glut Details
8Oil & gas moving faster to digital Details
8Paris climate accord: The emission issue that was left untouched Details
8Rupee posts best gain in over five years as crude prices fall Details
8Canada gives struggling oil sector C$1.6 billion boost Details
You can also click on Newsclips for more Details
The last date for close of bidding for the 10 MLD Sea Water Reverse Osmosis Desalination project in the Uran Gas Processing Plant is looming ahead
8Find out more on the companies in the race
8The bid closing date was extended earlier.
Click on Details for more Details
8Find out more on the companies in the race
8The bid closing date was extended earlier.
Click on Details for more Details
What is the latest update on the Numaligarh-Itanagar Greenfield Product pipeline project
8The pipeline length is around 100 km but the price tag is high as it involves a 4 km HDD job under the Brahmaputra and a traverse through a mountainous terrain.
8When the next RFQ coming up?
8A month-long shutdown refinery shutdown is coming up in February, 2019: Get key contact here
Click on Details for more Details
8The pipeline length is around 100 km but the price tag is high as it involves a 4 km HDD job under the Brahmaputra and a traverse through a mountainous terrain.
8When the next RFQ coming up?
8A month-long shutdown refinery shutdown is coming up in February, 2019: Get key contact here
Click on Details for more Details
DAP Expansion Project
8Cost - Rs 442 Crore
8Project Event: The environmental clearance has already been elicited, the purchase of long lead item and services is ongoing from May 2018, technical evaluation has been completed for the long lead item. Site preparation is ongoing.
Click here for more details
Ammonia-Urea Energy Saving Project
8Cost - Rs 262 Crore
8Project Event: The purchase of long lead item is ongoing, the boiler structure has arrived, detail engineering is ongoing, commissioning is likely to be done by November 2019
Click here for more details
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Event: The erection & installation is almost completed for the mechanical & electrical equipment. Commissioning is likely to be done by January 2019.
Click here for more details Details
8Cost - Rs 442 Crore
8Project Event: The environmental clearance has already been elicited, the purchase of long lead item and services is ongoing from May 2018, technical evaluation has been completed for the long lead item. Site preparation is ongoing.
Click here for more details
Ammonia-Urea Energy Saving Project
8Cost - Rs 262 Crore
8Project Event: The purchase of long lead item is ongoing, the boiler structure has arrived, detail engineering is ongoing, commissioning is likely to be done by November 2019
Click here for more details
Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 Crore
8Project Event: The erection & installation is almost completed for the mechanical & electrical equipment. Commissioning is likely to be done by January 2019.
Click here for more details Details
The Nagarjuna fertilizer plant, shut for five months on account of financial problems, is starting up.
8This is good news for the industry as two urea units between them consume a significant quantity of gas.
8Find out what is the latest on this front
8When is the start-up scheduled, and when will the plant get to full production.
Click on Details for more Details
8This is good news for the industry as two urea units between them consume a significant quantity of gas.
8Find out what is the latest on this front
8When is the start-up scheduled, and when will the plant get to full production.
Click on Details for more Details
8IGL claims that there are no outstanding industrial connections to be given in and around the NCR. It has laid 12000 km of pipelines and it serves as many as 5000 industrial units, big an small. Click on Report for more.
8GAIL's demand for a single tariff for all associated pipelines along the HBJ route seems to be attracting all kinds of reactions. But one potent argument against such a proposal is that Under Section 22 of the PNGRB Act there is no definition for an integrated network of pipelines. The PNGRB therefore can determine tariff only for a specific authorized pipeline align with its attendant spur lines. Meanwhile GAIL has denied that tariffs will go up dramatically, in fact, it claims that will in fact be down not up. Click on Report for more.
8Demands are now being made to impose what is called a Climate Damage Tax (CDT) across the world. The demand is for the CDT to be introduced in 2021 at a low initial rate of $5 per tonne of CO2e, increasing by $5 per tonne each year until 2030 to $50 a tonne, with the expectation that it is increased at the rate of $10 per tonne annually after that to reach $250 a tonne by 2050. The increasing rate of tax will help incentivize the phasing out of fossil fuels by the middle of the century, and help keep CDT revenue to mitigate climate loss and damage at roughly $300 billion a year over this period. Click on Report for more.
8ONGC and OIL have together spent Rs 13,000 crore on the discovered fields auctioned under the fist and second discovered rounds. The jury is still out on what kind of investments will be seen by the new owners of these fields. The amount earmarked by the new owners is not much, and some of them seem already disappointed. Some fields have been relinquished. Details
8GAIL's demand for a single tariff for all associated pipelines along the HBJ route seems to be attracting all kinds of reactions. But one potent argument against such a proposal is that Under Section 22 of the PNGRB Act there is no definition for an integrated network of pipelines. The PNGRB therefore can determine tariff only for a specific authorized pipeline align with its attendant spur lines. Meanwhile GAIL has denied that tariffs will go up dramatically, in fact, it claims that will in fact be down not up. Click on Report for more.
8Demands are now being made to impose what is called a Climate Damage Tax (CDT) across the world. The demand is for the CDT to be introduced in 2021 at a low initial rate of $5 per tonne of CO2e, increasing by $5 per tonne each year until 2030 to $50 a tonne, with the expectation that it is increased at the rate of $10 per tonne annually after that to reach $250 a tonne by 2050. The increasing rate of tax will help incentivize the phasing out of fossil fuels by the middle of the century, and help keep CDT revenue to mitigate climate loss and damage at roughly $300 billion a year over this period. Click on Report for more.
8ONGC and OIL have together spent Rs 13,000 crore on the discovered fields auctioned under the fist and second discovered rounds. The jury is still out on what kind of investments will be seen by the new owners of these fields. The amount earmarked by the new owners is not much, and some of them seem already disappointed. Some fields have been relinquished. Details
