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 moreDetails
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
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Project Name: Faridabad Greenfield Research And Development Center Project 8Project 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 detailsDetails
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.
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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
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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
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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
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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 BarmerDetails 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 destructionDetails 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 moreDetails
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
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.
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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
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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
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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
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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
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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 moreDetails
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
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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
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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 dryerDetails 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 refineryDetails 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 moreDetails
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 moreDetails
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 earlierDetails
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
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.
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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
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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.
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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
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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
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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 CenterDetails 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 crDetails 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 moreDetails
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