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Dec 2020

Ammonia-Urea Greenfield Project
8Cost - Rs 5500 crore
8Project Event: The project is in the initial stage, The feasibility study/DPR is still ongoing, The company said that firstly they will do the Phos acid expansion project. The timeline set is that hiring of contractors for the Ammonia-Urea project will be completed within 2021. RFQ for the PMC is likely to be released in Q1 2021 in place of December 2020 due to the impact of COVID-19.
Details
There is no limit in terms of ambition when a company wants to think big
8But this Rs 10,000 crore ammonia-urea project is on hold, for now
Click on Details for more
Details
India is a land of opportunity and that story stays intact, lockdown or no lockdown
8Just yesterday, around Rs 10,000 crore of downstream projects saw conclusion.
8And for the winners this will be the biggest bonanza in a long time.
8One of the projects at Rs 8600 crore is the biggest ever to be eventually awarded.
Find out more Details
Project Name: Faridabad Greenfield Research And Development Center Project
8
Project Cost: 2281.94 crores
 Indian Oil Corporation Limited (IOCL) along with L&T as the EPCM is planning to construct an integrated campus combining engineering/technology offices, experimental research and development (R&D), Pilot/ demonstration/ semi-commercial scale-up units for the development of processes and products for crude oil, petroleum, petrochemical, catalyst, and chemical industries. PFR report was prepared by IOCL itself on the basis of TOR was granted in March 2018. EIA report was prepared by Engineers India Limited (EIL) on the basis of which EC was granted on 06 December 2019.
Click here for more details Details
8This Sulphur Recovery Unit will come with an LEPC tag
Find out more Details
8BHEL had decided to drop EIL to tie up with a competitor for engineering support for a Sulphur Recovery Unit at Barauni refinery.
8But there can be a problem there. Details
8There is a lot of uncertainty ahead in India's largest oil & gas engineering company.
Find out why. Details
8An LOI was granted  for another big ticket downstream deal yesterday
8This takes the total finalized levels yesterday to  over Rs 10,000 crore
8It looks like it never rains, it pours in India Details
Here are some questions answered about GAIL
8What kind of petrochem margins is it witnessing
8At what level is its gas transmission business compared to last year
8What is it total capex for the next three years
8How many US cargoes were it able to handle and how many came to India
8What kind of new volumes will the Kochi-Mangalore pipeline handle
Click on Reports for more Details
8ONGC has fine tuned its chemical testing guidelines
Click on Reports for more Details
8This rig supplier has now been put on holiday
Find out more. Click on Reports. Details
Oil India Ltd makes for a sorry picture when dealing with the aftermath of the Baghjan fiasco.
8It is fighting orders to provide more compensation to affected families.
8And it is exuding little grace while dealing with the aftermath of the blowout Details
For reference purposes the website carries here the following tenders:
8Supply, Transportation and Installation of Retro Reflective High Masts Details
8Civil works at Dispatch Terminal Barmer Details
8Procurement of Mechanical Consumables Details
8Procurement of Pipes & Pipe fittings including valves Details
8Procurement of Radiant Outlet Crossover Assemblies for Gas Cracking Furnace Details
8Replacement of Leak Detection System Server Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Amid Chinese glare, India and Vietnam look to ramp up energy, defence ties Details
8BP acquires majority stake in carbon offset developer Finite Carbon Details
8High taxes and duties keep petrol, diesel prices close to all-time high levels Details
8India's Dec 1-15 diesel sales down 5.2 per cent, shows data Details
8LPG price up by Rs 50 per cylinder, ATF rises by 6.3 per cent Details
8World faces long-term oil supply gap despite COVID demand destruction Details
8Rajasthan CM targets Centre over LPG price hike Details
8Can’t escape wrath of women: MK Stalin on LPG price hike Details
8India's petrol sales up 10 per cent in December so far, diesel lags Details
8China's LNG imports could hit record high in Dec as demand bounces back Details
8Venezuela's PDVSA starts oil transfer from offshore facility to barge, sources say Details
8Indonesia may lower 2021 biodiesel allocation to 8.5 mln KL Details
8Crude oil futures rise on spot demand Details
You can also click on Newsclips for more   Details
8Get the chemical import matrix as of yesterday
8Also the fertilizer import schedule. Click on Reports. Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 262 crore
8Project Event: 99.4 % erection and Installation work has been completed, the installation of HRSG & GTG has been completed, The pre-commissioning is ongoing commissioning is likely to be completed in January 2021.
NPK-DAP Greenfield Project 
Cost - Rs 987 crore
8Project Event: The proposal for an environmental clearance has been submitted, the DPR preparation is ongoing, RFQ for the EPC contractor is likely to be released in January 2021. Details
8A huge 11.5 million tonnes of crude are getting unloaded in India in the days ahead
Get the full matrix here Details
81497009 cubic metres of LNG is coming to India
Click on Reports for more Details
Just at this moment, the E&P sector in India may look very sluggish
8But we have estimated that must-do, government approved investments which are lined up total up to a staggering figure.
8So, for those in this segment, the idea is to hang in there and be patient, business will come.
8We have made a detailed estimate
Click on Reports for our estimate of what is up ahead. Details
In the downstream segment too, the total investment planned is a staggering 1.50 lakh crore
 8And these are all concrete projects. And while the timelines may have gone a little haywire because of COVID, all of them are likely to come up sooner than later.
8Get an update here in terms of value, project name, contract status, licensors, possible bidders and location
   Details
With business now focused in Asia, all of the world's major companies are now in India trying to do business.
8This is particularly true for the refining and petrochemical segment. Engineering companies are trying to get into the EPC space and those into engineering consultancies are trying to bid for as many projects as possible.
8So while project promoters complain of higher than estimated costs, this is not usually because of any death in competition but account of faulty estimates.
8The world's best companies are here.
 Click on Details for more   Details
The oil price fall had pushed almost all of ONGC's offshore projects into cold storage.
8But at least two of them are likely to be salvaged now.
Find out more Details
A global alliance is driving hydrogen truck technology now
8And along with battery trucks, this is another space to watch
Click on Reports for more Details
Given the volatile nature of the gas market, fortunes can turn rapidly for gas companies.
8The outlook for GAIL was mired in headwinds earlier
8Suddenly the tailwinds are stronger
Click on Reports for more Details
8An LSTK contractor requirement is out for a large scale NPK plant
Click on Reports for more Details
8The sudden and sharp increase in spot LNG prices have left buyers stumped
Click on Reports for more Details
Plug and play system that can plugged up to a gas turbine but will use hydrogen instead of gas is a big advancement
8The system comprises a photovoltaic system, an electrolyzer, a membrane compressor, a hydrogen storage unit, a fuel cell, pipes, and control units, and the assembly as a whole is connected to a gas turbine test facility.
8And it comes in two containers
Click on Reports for more
Details
8Our chemical import tracker shows 1 million tonnes of assorted chemicals headed towards Indian ports
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Details
8While the Paradip refinery took a long time in sorting out its crude vessel line up problem, with a long vessel waiting time earlier as output adjusted to the lockdown, a line of waiting vessels is now noticed in Mumbai with BPCL's refinery there.
8Vessel waiting is a sign of sudden refinery stoppage, mostly an unplanned shutdown.
Click on Reports for more on today's crude import matrix Details
8Get the LNG daily cargo matrix here
Click on Reports for more
Details
What is the latest on IOC's Dumad Petrochemical project
8There were two packages, an N-Butanol package and a butyl acetate and acrylic acid complex
8One package may be slipping into a retendering stage while negotiations are on with the other.
 Find out more Details
For reference purposes the website carries here the following tenders:
8Fitness for Service and Remaining Life Assessment of Static Equipment and Piping at HVJ Compressor Station Details
8Hiring of services for replacement of feed end tyre and support rollers of dryer Details
8Procurement of 11000 Kg Additive Oleomide F&T for PP Unit Details
8Hiring of Call Basis Vehicles Details
8Hiring of Support Services for Gas Terminals in West Bengal Details
8Hiring of Support Services for Gas Terminals in Jharkhand Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8No change in petrol, diesel prices for 8th consecutive day Details
8BPCL to consider buying Oman Oil stake in Bina refinery Details
8SBI Card, BPCL jointly launch credit card offering benefits to high fuel spending customers Details
8Green groups seek court order to stop Arctic refuge oil lease sale Details
8MP now mulls cow cess on fuel & LPG Details
8Ban on federal drilling leases would cost eight U.S. states billions, study finds Details
8Oil prices slip on surprise gain in US inventory, demand worries Details
8Saudi 2021 budget cuts spending after deficit spike on oil, COVID-19 Details
8Oil slips on demand worries as COVID-19 lockdowns tighten in Europe Details
8North Dakota oil output holds steady at 1.2 million bpd for October Details
8OPINION: Hedge fund oil buying slows as prices near critical level: Kemp Details
8Vaccine impact on moribund oil demand is several months away - IEA Details
8Russia approves Sinopec's participation in huge petrochemical project Details
8UK power firm Drax to focus on biomass after selling gas assets Details
You can also click on Newsclips for more   Details
There is still a fair amount of confusion over what is going on with the Rajasthan refinery bidding process.
Here is an update in terms of bidders for:
8Packages already awarded
8Financial evaluation completed and LOI pending
8Technical evaluation completed, financial evaluation and LOI pending
8Under re-bidding
Click on Details for more
Details
Ammonia-Urea Energy Saving Project
Cost - Rs 262 crore
8Project Event: All the erection and installation work has been completed, the pre-commissioning is ongoing, commission is likely to be completed in Jan 2021 whereas it was meant to have been earlier Details
Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been out and discussion is ongoing, but due to COVID-19,  finalization is due, It is likely to be finalized in Feb 2021 in place of December 2020. Details
Project NameMumbai Harbour FSRU
8The terminal capacity is 5 MMTPA
8Find out what is the latest status
Click here for more details Details
8The Karaikal LNG terminal project has witnessed some active bidding
Find out who the bidders were. Details
PNGRB refuses to take cognizance of extra capex in tie-ins for gas pipelines
8Pipeline suppliers seek clarification
Click on Reports for more Details
The fear of the pink slip after they were served on Petrofac and GS Engineering executives has now started pervading the atmosphere in all downstream technology and EPC companies.
8We did a survey of a bunch of these companies -- from TechnipFMC to L&T to Toyo an others --  to find out how real is this fear.
8Are they going to serve pink slips too?
Here is what we found. Details
CBM is not living up to its promise of bringing a large volume of gas onboard.
 8A look at the production profile of three CBM blocks shows a limited supply potential.
 8For now at least Details
China's climate change pledge is projected to bring about a 40-50% jump in gas-based power project capacity.
8Chinese gas-based power project promoters face the same trepidation as that of their Indian counterparts, high cost of gas combined with the unwillingness of power price regulators to take this into consideration
8But climate compliance is going to change all that unless of course large scale utility-wide battery installations change the game.
8Can the China story hold true for India?
8Dig deeper into this for a clearer insight
Click on Reports for more. Details
138657 cubic metres of LNG imports coming in
8GSFC has two cargoes lined up
Click on Reports for more Details
A Bharat Oman Refinery crude oil delivery was cancelled. It was meant to arrive at Sikka on the 19th. Such cancellation are rare in the industry.
8Between Bharat Oman and RIL, Sikka has 2.3 million tonnes of outstanding crude deliveries in the coming days
8Crude from multiple sources are coming in at Sikka
 Click on Reports for more Details
Get the full fertilizer import lineup here
8Also know more about the total weekly imports of fertilizers, in an easy-to-refer format
Click on Reports for more Details
1.08 million tonnes of chemical imports
8All lined up
Click on Reports for more Details
This is a Rs 100 crore tankage project
8Toyo is in the race, find out who the other bidder is
When is the price bid opening? Details
This is a low cost SSP/GSSP greenfield project
8But our job is to keep you informed of all project
Click on Details for more
Details
For reference purposes the website carries here the following tenders:
8Procurement of Steel Plates Details
8Handling Contract at CNG Mother Station and HP Auto Care Center Details
8Supply, Transportation and Installation of RVI together under various regions of North Zone Details
8Supply of Mainline and Station Valves Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Oil Marketing Companies continue to hold petrol, diesel price rise Details
8BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race Details
8Petrol would be Rs 8 cheaper if additional VAT is removed Details
8Nayara Energy in pact to sell Shell Lubricants’ products at fuel retail outlets Details
8U.S. shale oil output to drop 136,000 bpd to 7.44 mln bpd in Jan - EIA Details
8India's November oil imports rise from U.S., Africa but fall from Middle East, LatAm Details
8Clean fuel must for NCR units: Central Pollution Control Board Details
8Exxon Mobil, under pressure on climate, aims to cut emissions intensity by 2025 Details
8Torrent Gas in pact with Tamil Nadu to invest Rs 5,000 cr on city gas distribution infra Details
8TN signs 18 MoUs, launches projects worth over Rs 24,000 cr Details
8Explosion rocks Singapore-flagged oil tanker off Saudi port Details
8Oil prices rise on vaccine hopes, ship explosion at Saudi Arabia Details
8Shipping firm Hafnia says oil tanker hit by 'external source' in Saudi Arabia Details
8OPEC cuts 2021 oil demand outlook again as pandemic impact lingers Details
You can also click on Newsclips for more   Details
The bidding for the PX unit in Paradip ended yesterday
8There was one surprise bidder among the lot
Find out more Details
TechnipFMC is the PMC for the Gujarat refinery
8The refinery has got the ok for IOC
8When are EPC tenders due? Details
With private sector contracts, it is very difficult to predict how the final awards are going to go.
8Anything can happen at the last moment for private companies are not bound by CVC guidelines .
8But from inputs that we have gathered from various sources on the ground, there is a certain way it is going as far as all three packages are going.
Details
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