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May 2026

New Page 1 8BPCL appoints Anoop Taneja as head of quality control wing after S. Dhanapal’s superannuation [BPCL] Details
8HPCL names Sitaram G Taparia as chief risk officer as Krushna Mahapatra superannuates [HPCL] Details
8Vedanta says NSE Sustainability revises ESG rating to 54 from 57 [Vedanta] Details
8GSPC group restructuring takes effect; Gujarat Gas to emerge as integrated energy major, GTL set for listing [GGL] Details
8Gujarat Gas composite scheme becomes effective; GSPC, GSPL and GEL amalgamated with company [GGL] Details
8ONGC director finance and CFO Vivek Tongaonkar retires on superannuation [ONGC] Details
8ONGC announces superannuation of two executive directors effective May 1 [ONGC] Details
8CRISIL enhances Asian Energy’s rated bank facilities to Rs.317.5 crore, keeps ratings on watch developing [AES] Details
8Cochin Shipyard names Riya Mathew as head of internal audit [CSL] Details
8Somany Ceramics extends AGPL stake sale timeline by 9 months on revised payment terms [Somany] Details Details
8Here's what's happening today in the E&P, midstream-downstream, and CGD section
Click on Reports for more Details Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Oil prices dip amid Trump's Strait of Hormuz plan, Iran tensions persist Details
 8US 'suffocating' Iran with blockade, says Treasury Secretary Scott Bessent Details
 8Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships Details
 8Trump announces 'Project Freedom' to escort stranded ships through Strait of Hormuz Details
 8Tensions intensify at Strait: Cargo ship sailing near Hormuz attacked by Iran Details
 8OPEC+ hikes oil production quotas but stays mum on UAE pull-out Details
 8UAE oil giant ADNOC pledges $55 billion in new projects by 2028: Statement Details
 8Crude beyond $120: Oil prices touch four-year peak, here's what analysts are saying Details
 8Iran juggles oil cuts and storage strain to resist US blockade Details
 8OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say Details
 8India-bound LPG carrier crosses Hormuz: Shipping Ministry Details
 8Oil marketing companies seek LPG, petrol, diesel price hike as Iran war deepens losses Details
 8Delhi govt tightens 'No PUC, no fuel' rule, data shows over 15K vehicles denied fuel in four days Details
 8OPEC+ agrees in principle on small oil output quota hike without UAE, sources say Details
 8Karnataka hotels seek GST cut on LPG after Rs.993 price spike Details
 8Vaiko demands immediate rollback of LPG price Details
 8India-linked tanker laden with cooking fuel attempts Hormuz exit Details
 8Andhra hotels to raise menu prices by 10 per cent after LPG price hike Details
 8Rahul slams government for LPG price increase Details
 8Commercial LPG price up by Rs.993, highest one-day hike Details
 8Amid renewed ties between India and Canada, energy cooperation in focus: Christopher Cooter, Canadian High Commissioner Details
 8India maintained stable energy supplies amid crisis, shielded people from global price shocks: Hardeep Singh Puri Details
 8India’s great gas dilemma: How much PNG is too much? Details
 8Gujarat emerged as India’s ‘Energy Capital’ and ‘Natural Gas Gateway’: Puri Details
 8Centre to approve Rs.37,500 crore scheme for coal gasification Details
 8Natural gas: Asian LNG prices soar to three-year high Details
 8First LNG shipment since war began appears to exit Hormuz Details
 8From the dhabas of Varanasi, Guwahati and Ludhiana, a tale of the LPG crisis — and a way out Details
 8ONGC, CSIR-NCL to launch pilot project to test dimethyl ether as LPG alternative Details
 8KPCC spokesperson attacks Centre over commercial LPG price hike Details
 8Kerala CM slams Centre over LPG price hike Details
 847 lakh domestic LPG cylinders delivered in a day against 47.4 lakh bookings: Govt Details
 8Dining out set to get costlier as LPG prices bite Details
 8Kerala LPG surge triggers hotel shutdown, dining costs rise Details
 8India ramps up raids to curb hoarding as LPG supply steadies amid West Asia tensions Details
 8LPG tanker en route to India clears Strait of Hormuz Details
 8Ukraine hits Russia's oil port, shadow fleet tankers in new wave of drone strikes Details
 8Indian rupee, bonds set to sway to oil prices as US-Iran stalemate drags Details
 8India expands crude oil sourcing network from 27 to 41 countries: Union Minister Hardeep Singh Puri Details
 8If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil analyst Details
 8T. Rowe Price reduces stake in Indraprastha Gas via open market sale Details
 8GSPL announces May 12, 2026 record date for Gujarat Gas share allotment under amalgamation scheme Details
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8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
8Project Name: Daman District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details
8Project Name: Dharwad District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
Five years on, the gas exchange is still only a small slice of Indian consumption.
8That matters before the next layer of market reform arrives.
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Crude, LPG, PNG, diesel exports and fertilizers are all being managed at once.
8The intervention is wider than it looks.
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A 20 km line, Rs 40 crore capex and 20 months of approvals
8All for gas that peaks below 0.35 MMSCMD.
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1) Four bidders enter Ankleshwar valve ARC as API repair, custody and 90-day lot risks sharpen execution burden.
8ONGC’s Ankleshwar valve ARC has drawn four bidders, but the tender is not a plain repair job.
8The contract pushes logistics, testing readiness, custody exposure and warranty risk deep into the contractor’s account.
8The real contest may be decided after award, inside workshops and batch-wise inspection cycles.
 
2) Pipeline maintenance corrigendum tightens ATC control without changing the core three-year integrity scope
8ONGC’s latest corrigendum does not rewrite the pipeline maintenance job; it rewrites the control layer around it.
8The technical burden remains a full-spectrum integrity contract covering CP, ROU, surveys, testing and reporting.
 
 3) PWC systems corrigendum tightens DMI&SP steel traceability while extending bids for MH and NH offshore revamp
8ONGC’s latest PWC corrigendum is less about changing the treatment package and more about tightening the supply-chain proof around it.
8The new DMI&SP affidavit pushes bidders into melt-and-pour, heat-record and DVA territory.
8The larger question is whether offshore PWC bidders can absorb this compliance load without diluting execution quality.
 
4) Extends Samudra Manthan deepwater rig tender without easing the technical or security bar
8ONGC has given bidders more time in a deepwater rig tender where time, not terms, is the only relief.
8The second extension keeps the DP3, ROV, real-time data and high-value security structure untouched.
8The move raises a sharper question about whether ONGC is widening competition or merely giving global rig owners enough time to clear the compliance maze.
 
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8Find out what is going on
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8Find out how
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1) L1 wins cheap, but at what cost for SRU reliability
8A sub-Rs. 3.5 crore bid has clinched a critical sulphur recovery turnaround. The pricing sits at the floor of a tightly contested band. But the real question is whether margins have been sacrificed too far in a high-risk unit.
 
2) IOCL locks GC maintenance into OEM monopoly at Mathura refinery
8A single-vendor tender has effectively eliminated competition in a critical instrumentation contract. Yokogawa walks in as the only eligible bidder. The deeper question is whether reliability concerns now justify bypassing market pricing altogether.

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8Two bidders entered a technically ambitious pipeline repurposing study. Only one survived HPCL’s evaluation filter. The result hints at a capability gap in India’s ammonia logistics ecosystem.
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1) Two bidders, one outcome? Market depth questioned in critical vacuum systems
8A multi-crore refinery-linked package draws just two participants. This is not an isolated case in high-spec rotating equipment. The real issue may be structural, not transactional.
 
2) CPCL’s Manali refinery eliminates 45% of bidders in QRA tender, tightening competition to 11 technically qualified firms
8A Rs 10 lakh consultancy tender just filtered out 45% of its bidders. CPCL’s Manali refinery QRA evaluation suggests that OISD-118 compliance is tougher in practice than on paper. The real competition now begins with a tightly screened pool of 11 firms.

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8Bidders are not just asking routine questions—they are flagging inconsistencies in equipment weights, SOR quantities, and execution details. The responses offer little resolution, shifting interpretation risk downstream. That raises a bigger concern about engineering maturity at bid stage.
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8The new sulphur and chloride caps create a sharper performance boundary. This protects the downstream SNG package. The cost implication sits inside purification design.
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1) DHT turnaround tender quietly shifts full execution risk to contractors
8The DHT tender pushes contractors into a fully loaded execution model where manpower, consumables, and logistics sit entirely with the vendor. The structure leaves little room for claims, adjustments, or pricing corrections once the shutdown begins. The real question is whether bidders will absorb the risk — or price it in aggressively.
 
2) BPCL shifts full PESO regulatory burden to contractor in VBPL pipeline expansion tender
8The technical scope stretches from pipeline amendments to multi-location statutory compliance, yet the qualification bar remains unusually low. The real tension lies in how this mismatch between scope and eligibility could reshape execution risk and bidder behaviour.
 
3) HPCL restructures refinery turnaround instrumentation tenders with cross-award restrictions and lump sum risk transfer
8HPCL’s latest refinery turnaround tender quietly rewrites how instrumentation contracts are distributed across vendors. The sequencing logic ensures no single bidder can dominate multiple packages, even if technically superior. Behind the pricing discipline lies a deeper shift in how shutdown risk is being redistributed.
 
4) HPCL’s CO2 pilot tender exposes early-stage CCUS contracting challenges
8Pilot plants come with evolving designs and incomplete engineering. This tender reflects how PSUs are managing that uncertainty. The burden is increasingly shifting outward.
 
5) Repeated deadline push exposes weak contractor appetite for 2G ethanol dust systems
8Two extensions in quick succession are rarely procedural. They usually signal a mismatch between scope complexity and market readiness. The silence on technical clarifications makes the signal louder.

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1) HPCL’s DHT, ARU and FGATU turnaround tender quietly removes high-cost exchanger risks
8But leaves execution exposure intact
 
2) MRPL aromatic complex RGC drive study gets bid extension as OEM, VFD and brownfield scope risks surface
8MRPL has extended the GeM tender for its aromatic complex recycle gas compressor drive conversion study to 07-05-2026. The pre-bid replies show bidders were concerned about OEM dependency, study duration and the boundary between feasibility and EPC-stage work. The extension may ease participation, but MRPL has kept several commercial controls firmly in place.
 
3) IOCL Panipat refinery extends SAF certification tender as GCC overhaul and audit bundling tighten bidder economics
8IOCL’s SAF certification tender is not just a compliance exercise—it is a structural shift in how refineries engage with carbon markets. A quiet GCC overhaul and rigid audit bundling are reshaping bidder economics beneath the surface. The repeated extensions hint at a market still adjusting to these new rules.
 
4) IOCL Gujarat Refinery gives bidders one more day as HGU-3 reformer tube life-assessment tender tightens shutdown risk
8IOCL’s HGU-3 tender is framed as a small inspection package, but the deliverables go far beyond routine NDT. The contractor must produce tube-wise remaining-life intelligence inside a narrow shutdown window. A one-day extension keeps the bid alive while the revised commercial framework shifts execution pressure back to the vendor.

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8Here's what's happening today in the E&P and midstream-downstream section
Click on Reports for more Details Details
It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
Click on Reports for more. Details
8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
Click on Reports for more. Details
8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
Also click on the Tenders section for more detailed documentation
Click on Reports for more. Details
For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8Japan weighs $3 billion power subsidies as LNG crunch bites Details
 8Stalemate in USA–Iran conflict continues Details
 8USA crude oil inventories drop more than 6 million barrels WoW Details
 8European Commission completes inaugural hydrogen matchmaking round Details
 8Lummus Technology selected for major ethanol-to-jet SAF project in India Details
 8US gas producer signs 20-year offtake deal with LNG project in Louisiana Details
 8EIA reports international LNG prices rise amid Strait of Hormuz disruption Details
 8Repsol holds off on US listing for upstream unit despite 2026 plans Details
 8Net crude supply loss is 9 million bpd despite surge in Atlantic exports: Vortex Details
 8ENEOS takes 10% stake in Malaysia LNG Tiga in deal with Petronas Details
 8Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say Details
 8Chhattisgarh approves Urban Gas Distribution Policy 2026 to expand PNG access Details
 8Albania and Bosnian aluminium producer sign long-term US LNG supply deals Details
 8Gas cylinder blast injures seven members of a family in Bhiwadi village Details
 8Gas companies double workforce as PNG connection demand surges in Gujarat Details
 8UK petrol and diesel prices fluctuate amid global oil volatility Details
 8India moves to enable E100 vehicles through new fuel norms Details
 8India’s heatwave exposes fragile power grid amid energy crunch Details
 8Government reviews households with dual LPG and PNG connections Details
 8India’s crude imports in April fall to 85% of February level, Russia remains top supplier Details
 8Rupee slides to record low on higher oil prices and FPI outflows Details
 8India’s Russian oil imports decline 21% from March peak Details
 8GPS Renewables wins EPC mandate for ethanol-to-jet SAF plant Details
 8Petrol, diesel and domestic LPG prices remain unchanged, ATF also steady Details
 8Commercial LPG cylinder price jumps sharply, 19 kg cylinder rises to Rs 3,071.50 in Delhi Details
 8Government reviews households with dual LPG and PNG connections Details
 8Textile production hit due to rising crude oil and input costs Details
 8Government sets export duty on diesel and ATF, petrol levy remains nil Details
 8No LPG shortage, government clarifies amid West Asia crisis Details
 8Brent crude crosses $120 after Strait of Hormuz blockade Details
 8Centre proposes rules to recognise higher ethanol fuel blends Details
 8Oil prices surge above $120 amid Hormuz fears impacting India Details
 8Oil spike impacts global markets and dividend stocks outlook Details
 8Pakistan oil shock contrasted with India’s relative stability Details
 8Venezuela and Brazil among India’s top crude suppliers in April Details
 8GAIL leadership changes after senior executive retirements Details
 8GAIL Gas CEO retires after long career Details
 8ONGC announces senior management change Details
 8CONCOR and GAIL explore PTA transport and LNG infrastructure collaboration Details
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8The 92% methane floor is not just a specification tweak. It creates a clear differentiation between process technologies. Some bidders may struggle to meet this without cost escalation.
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8The issue isn’t capability—it’s risk allocation.
8The repeated extensions may be telling a bigger story about BOO viability.
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CPCL Manali pelletizer tender extensions expose vendor scarcity in sulphur handling segment
 8Four extensions rarely occur without participation issues. The sulphur pelletizer market is tightly controlled by a few OEMs. That concentration is now surfacing in procurement timelines.
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8Another US LNG export application shows how supply ambition is still expanding.
8The queue is widening
8Not just deepening
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New Page 1 8Centre issues ROU notice for Adani Ports pipeline network in Gujarat’s Kachchh district [Gazette] Details
8Centre notifies land acquisition for BPCL’s Mumbai–Rasayani pipeline stretch in Raigad [Gazette] Details
8Centre notifies land-use acquisition for underground pipeline works at ONGC’s Gandhar field in Gujarat [Gazette] Details
8GSPL seeks views on Cambay Field tie-in link to Ishwarwada station on Gujarat gas pipeline [PNGRB] Details
8IGX rolls out May trading calendar, maps contracts across monthly, weekly and spot gas markets [IGX] Details
8IEX flags strong volume growth momentum, sees coal exchange as next big market opportunity [IEX] Details
8Deep Industries confirms it stays outside SEBI’s large corporate debt framework [DIL] Details
8BPCL shareholders clear Petronet LNG deal with near-unanimous 99.4% backing [BPCL] Details
8ONGC hands finance reins to HR director Manish Patil for interim three-month charge [ONGC] Details
8ONGC mourns executive director Debasish Mukherjee’s demise, announces senior management change [ONGC] Details
8Confidence Petroleum says it is not a large corporate despite Rs.173 crore secured borrowings [Confidence Petroleum] Details
8Cochin Shipyard’s internal audit head Mary Ranjit Abraham retires on superannuation [CSL] Details
8Adani Ports unveils ‘Ambition 2031’, charts aggressive growth across ports, logistics and marine [Adani Ports] Details
8Adani Ports posts FY26 profit jump, lifts dividend to Rs.7.50 and brings GMB chief Ajay Kumar on board [Adani Ports] Details
8Adani Ports confirms large corporate status under SEBI debt disclosure norms [Adani Ports] Details
8South West Pinnacle sets May 6 earnings call to engage investors on FY26 performance [SWP] Details
8GE Shipping shareholders back Bhavna Doshi’s reappointment with over 90% approval [GES] Details
8GE Shipping adds bulk muscle with delivery of 81,000-dwt carrier “Jag Abhishek [GES] Details Details
API certification opens the door to critical-service valves.
8The real test is whether Indian vendors can enter global EPC supply chains.
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8Crude, LPG, LNG-linked marine services and offshore support are all sitting inside this story.
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8What is going on?
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