$23 Gas vs $1000 Urea: The $300 arbitrage nobody Is talking about. ONGC’s RJP MOPU pre-bid reset: Find out more. OIL India’s Rajasthan core services tender: Not as simple as it sound. ONGC’s cementing O&M: Entirely the contractor’s baby now. Carbon Capture goes in-house. Announcements. E&P contracting brief for the day. Downstream contracting briefs: Awards. Downstream contracting briefs: Part II. Downstream contracting briefs: Part I. Refiner’s CO2 sorbent technology commercialization: Any takers?. Multiple extensions reflect unresolved technical-commercial alignment in SAF plant. A ship carrying Iranian oil changed its route from India toward China mid-journey. Dakshin Kannada District City Gas Distribution . Kakinada District City Gas Distribution Project. Today's update in E&P, Midstream-Downstream & CGD sector. PVC licensor: Only one bidder appears. Global LNG spare capacity: What does it mean? . In a crisis, LNG contracts protect performance failure not buyers. The illusion of control: India can manage inflation optics, not energy costs. $5.8 billion committed, $3.3 billion spent: ONGC’s KG Basin footprint. GAIL Qandhar QRA tender sees 11 bidders shrink to 4. BPCL awards DAS project EPCM continuation contract to EIL under single tender route. RIL-BP has spent billions in the deepwaters of the KG Basin . Downstream contracting briefs. E&P contracting brief for the day. Announcements. India sets 2030 target of 29 million tonnes for domestic oil production. Lucknow District City Gas Distribution Project. Urea project: Cost touches an unacceptable Rs 20,000 crore. India’s urea economics have quietly inverted: It helps gas producers . 3000 HP rig: Yet another change. ONGC’s MB-OSN-2005/1, SD4 and BS-17 platform tender: Another development. Today's update in E&P, Midstream-Downstream & CGD sector. ONGC’s latest R-Series MOPU: Another update now. Prabha Energy’s North Karanpura CBM tender opens a critical regulatory gate before development-phase execution. Engineering Titans vs. oil PSU red tape: The survivors of BPCL’s SAF tender. Oil & Gas Sector: All new tenders of the day. Oil & Gas Sector: Get all winning contracts of the day. Parliamentary Briefs.
$23 Gas vs $1000 Urea: The $300 arbitrage nobody Is talking about
Apr 06: 8A widening gap between domestic production cost and import price is creating hidden pricing headroom upstream for gas suppliers 8This the time to make a once-in-a-lifetime killing Click on Details for more
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ONGC’s RJP MOPU pre-bid reset: Find out more
Apr 06: 8What really changed? 8Will this now the template? Click on Details for moreDetails
OIL India’s Rajasthan core services tender: Not as simple as it sound
Apr 06: 8This is not a simple lab-services bid dressed up as logistics. Click on Details for moreDetails
ONGC’s cementing O&M: Entirely the contractor’s baby now
Apr 06: 8Find out how execution accountability is getting redefined Click on Details for moreDetails
Carbon Capture goes in-house
Apr 06: 8A new model emerging in India’s Oil PSUs 8A partner has been roped in from outside the sector Click on Details for more
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Announcements
Apr 06: 8HPCL files Q4 demat compliance certificate with exchanges under SEBI Regulation 74(5) [HPCL] Details 8Adani Total Gas sets April 27 board meet to clear FY26 results, dividend call in focus [ATGL] Details 8ONGC says Mumbai High platform fire brought under control, 10 personnel suffer minor injuries [ONGC] Details 8Likhitha Infrastructure says sharp share price swings are purely market-driven [LIL] Details 8Afcons Infra shareholders back Rs. 12,328 cr related party deal with near-unanimous vote [Afcons] Details 8MRPL reports Rs 3,260 crore NCD outstanding in half-year debt securities disclosure [MRPL] Details 8Govt warns against panic buying, boosts PNG push as fuel supply measures intensify amid West Asia crisis [PIB] Details 8Govt ramps up PNG push, 3.6 lakh connections gasified as LPG supply measures tighten amid West Asia tensions [PIB] Details 8PNGRB extends National PNG Drive till June, 6.5 lakh connections infra rolled out amid supply concerns [PNGRB] DetailsDetails
E&P contracting brief for the day
Apr 06: 1) Offshore OSV award: Rs 90 crore 8Find out more
2) Seamec-led consortium secures ONGC Samudra Sevak and Samudra Prabha O&M bundle 8ONGC’s latest vessel O&M awards are less about manning boats and more about outsourcing offshore intervention readiness with almost no tolerance for execution drift. 8The real story sits inside the dry-dock liability, off-hire exposure and owner-retained inspection controls that now define the economics of these legacy IMR assets.
3) ONGC’s multi-asset gas compression services tender is extended 8ONGC has pushed the closing date on its multi-asset gas compression services tender , but the extension does not soften the engineering or compliance load. 8Bidders still face a wet-gas, TPI-heavy, full-turnkey risk package across Assam, Ahmedabad and Cauvery schedules.
4) Oil India Limited’s Rajasthan mobile steam generator tender gets extension 8Oil India Limited has pushed the Rajasthan mobile steam generator , but the extension does not appear to soften the contract’s underlying risk architecture
5) ONGC’s Madanam SRF estimation tender gets extension 8ONGC has pushed the Madanam SRF estimation tender out, but the real story is not the calendar. 8Bidders are still being asked to price a technically broad restoration-liability mandate while actual field details remain post-award confidential and dispute-softening clauses are absent in the bid summary.
6) ONGC extends Nawagam GCRP bid deadline as a tightly filtered brownfield compressor package tests bidder depth 8The real story is not the calendar. Bidders have to assemble TPIA-verified experience proof, finance certificates and a fully compliant brownfield execution story. 8More time here likely changes bid quality more than bid count.
Apr 06: 1) From Lab to DCS: Why sulphur analyzers are now mission-critical assets” 8The requirement for real-time DCS-integrated accuracy shows refineries can no longer treat sulphur testing as a lab function — it’s now a real-time operational control point.
2) HPCL pipeline integrity tender sees 4x price gap among qualified bidders 8That is saying quite something 8Find our analysis here
3) GAIL’s KG Basin risk assessment contract exposes a two-tier pricing market 8Find out why do we say so
Apr 06: 1) IOCL’s PMC-4 extension signals capability crunch in polymer project management 8Pre-bid engagement did not fully resolve bidder concerns. It seems. LLDPE/HDPE swing units demand operational flexibility expertise. Not all PMC players can demonstrate such experience.
2) Dual extension reshapes bid window for NRL’s PPU pressure vessel package 8The package spans CS, LTCS, and SS vessels across thickness bands. Such diversity increases fabrication planning complexity. Vendors may need additional time to align sourcing and compliance.
3) IOCL locks PMC risk allocation with zero concessions in PDPC Cumene-Phenol tender 8IOCL has taken an uncompromising stance in its Paradip petrochemical PMC tender.
4) BPCL’s hydrogen membrane tender reappears with deeper engineering load 8But then bid validity jumps from 30 days to 180 days between tender rounds. That is not a cosmetic change. It hints at internal approval complexity or anticipated delays post-bid.
5) IOCL restricts Panipat ethanol tender to sole eligible bidder 8The tender explicitly names a single vendor. No alternative bids will be evaluated. Competition is structurally removed.
6) BPCL marine oil terminal tender blends survey and geotech into a single execution-heavy package 8This is not a routine survey contract. The scope demands simultaneous expertise in mapping and subsurface investigation. Few vendors can realistically deliver both without coordination risks. A short extension to bid submission rarely signals much, but here it points to deeper execution challenges.
Apr 06: 1) HPCL’s LMBU tender makes the compressor package carry far more than the compressor 8The machine is only the visible centre of the scope. The real package reaches into a lot other things.
2) Petronet LNG Dahej project restricts competition for pressure vessel 8Only invited suppliers can participate in this RFQ. This narrows the competitive field significantly. It signals a preference for pre-qualified vendor ecosystems.
3) NRL expansion project turns a pump tender into a vessel-fit engineering test 8The critical clause is not the pump type but the boot-space rule. Vendors can offer VS-1 or VS-4, but only if the package physically fits the vessel geometry. That moves technical rejection risk to the front of the process.
4) Polymer-specific qualification criteria narrow vendor pool sharply in additive systems 8Experience requirements are tightly linked to polymer plants. This excludes generic material handling vendors. The result is a highly specialised bidder ecosystem. But clearly, three extensions suggest more than routine delays.
5) NRL extruder vacuum unit tender stretched as qualification rigidity slows bidder readiness 8Here, the delay aligns with stringent qualification thresholds rather than commercial indecision. The real story sits in who can qualify, not who can quote.
Refiner’s CO2 sorbent technology commercialization: Any takers?
Apr 06: 8Find out how you can qualify Click on Details for more
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Multiple extensions reflect unresolved technical-commercial alignment in SAF plant
Apr 06: 8Six extensions indicate deeper structural issues in tender design. Each delay aligns with technical corrections. The timeline itself becomes a signal of negotiation intensity. 8From what we could tell, hydrogen is now the primary consumption guarantee. This isolates the key cost driver in HEFA processes. It reshapes bid economics significantly. Click on Details for more
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A ship carrying Iranian oil changed its route from India toward China mid-journey
Apr 06: For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content): 8Eight Indian ships have exited the Persian Gulf via the Strait of Hormuz, while sixteen vessels remain Details 8The global oil crisis highlights Northeast India’s untapped energy potential Details 8Torrent Gas has increased CNG prices by Rs.2.50 per kg Details 8Fuel shortages in Bengaluru are pushing LPG autos off roads, with CNG vehicles replacing them Details 8Odisha has banned the open market sale of LPG cylinders Details 8JNV Jajpur faces LPG shortages and seeks intervention for uninterrupted mid-day meals Details 8Indian Oil Corporation has urged Bengaluru auto drivers to temporarily switch from LPG to petrol Details 8An illegal LPG refilling racket has been busted in Ludhiana Details 8Indian Oil has increased auto LPG supply while advising a temporary shift to petrol in Bengaluru Details 8Sundargarh plans to expand PNG coverage amid the LPG shortage Details 8Cairn Oil & Gas has begun sourcing renewable energy from Serentica Renewables for its Rajasthan oil field Details 8Oil prices are rising as Donald Trump issues a fresh ultimatum over the Strait of Hormuz, with Brent nearing $111 Details 8Trump has threatened to target Iran’s infrastructure if the Strait remains blocked Details 8The government has stepped up LPG supply and urged calm amid Hormuz concerns Details 8Airports in Italy are facing jet fuel shortages due to the Iran war Details 8OPEC+ is moving to increase output as the Iran war disrupts oil flows Details 8A natural gas pool is set to release 7 mmscmd to priority sectors amid supply constraints Details 8LPG carrier Green Sanvi is en route to India after crossing the Strait of Hormuz Details 8LPG shortages in Mandya are affecting auto drivers as fuel stations run dry Details 8A fire broke out at a petrochemical plant in Abu Dhabi after an intercepted attack Details 8The government reports 3.9 lakh new PNG registrations since March Details 8Naina Devi Temple has started producing biogas from leftover food Details 8Indian OMCs will pay discounted rates to refiners amid a fuel price freeze Details 8Oil India Limited has increased crude production from the Thar Desert Details 8India has resumed Iranian crude imports amid the West Asia conflict without payment hurdles Details 8States are accelerating PNG rollout due to the LPG crunch Details 8The government has strengthened fuel supply measures, selling over 71,000 small LPG cylinders in a day Details 8The government confirmed no diversion of Iranian crude to China, ensuring supply stability Details 8Auto LPG supply has improved, though commuters still face longer wait times and higher fares Details 8An LPG pilferage racket worth Rs.1.26 crore has been busted in Sambhajinagar Details 8Delhi has tightened LPG norms, linking commercial access to PNG transition Details 8A seventh India-flagged LPG tanker has crossed Hormuz, with seventeen still waiting Details 8A fire at Mumbai High operated by ONGC injured ten people but is under control Details 8Japanese, French, and Omani vessels have successfully crossed the Strait of Hormuz Details 8Oil prices are rising while Asian stock markets show moderate gains Details 8The US President stated that controlling the Strait of Hormuz would take more time Details 8INOX Air Products has commissioned an ultra-high purity oxygen plant in Tamil Nadu Details 8Sustained crude prices above $100 could push inflation beyond 6%, according to HSBC Details 8Indian Oil stated that domestic LPG supply remains normal with no shortage Details 8Russia has indicated it can increase oil and LNG supplies to India Details 8A case has been filed against seven individuals in Indore for allegedly cheating BPCL Details 8A fire broke out at Mina Al-Ahmadi Refinery after a drone attack Details 8A ship carrying Iranian oil changed its route from India toward China mid-journey Details 8GAIL has launched its Centralised Accounting Cell Details 8Coal India Limited Chairman B. Sairam has arrived for a three-day visit to SECL Details 8HPCL has ensured uninterrupted fuel and LPG supply across the country Details 8ONGC reported a fire incident at its SHP platform at Mumbai High Details You can also click on Newsclips for more