A Rs. 34 crore expansion of an existing Oil Terminal will start soon. 8Environment Clearance for the project is expected in May, 2017. 8Expansion includes: -- 1X18000 KL for HSD -- 1X11000 KL for MS -- 2X70KL for Biodiesel 8Equipments to be required are: -- Loading / Unloading gantry -- Storage Tanks -- Pipeline -- Pumps -- Enclosure -- Rotary Vane Pumps Click on Details for more.Details
A petrochemical plant is coming up with a 5 MMTPA FCU cracker 8The project is under approval from the Environment Ministry. 8EC is expected by April,2017. Click on Details for moreDetails
A Rs 15,000 crore Maritime Infrastructure facility has been proposed. 8The investment period of the project is split into years and the project will be taken up in 4 phases. 8The project is under planning stage at the moment. 8EC is expected to be granted in Q-4,2017. 8The construction phase of the project is expected to start in the beginning of 2018. Click on Details for moreDetails
RFQ's for following equipment and services are expected to be floated in Q-3,2017. 8Conveyor System 8Trestles 8Tugs 8Vessels 8Tankage System 8Dredging Services 8Fire Fighting Services 8Infrastructure Facilities 8Conveyor Belts 8Wharf Cranes 8Unloaders 8Navigational Services 8nfrastructure facilities Click on Reports for moreDetails
A Field Development Plan involving surface facilities, Group Gathering Station (GGS), development drilling of wells and interconnecting pipelines has been proposed. 8The project involves setting up of a GGS and drilling of 11 wells. 8During initial phase, four out of eleven wells are planned for drilling. 8EC is expected to be granted in Q-2,2017. Click on Details for more.Details
The RFQs for following equipment and services are expected to come up in May-June,2017. 8Drilling Rigs 8Mud Tanks 8Mud Pumps 8Compressors 8Fuel Tank 8D.G.Sets 8Blow Out Prevention (BOP) system 8Wastewater treatment unit 8Cuttings handling equipment. 8Casing pipes 8Drill Pipes 8Catwalks 8Rotary Hose 8Degasser 8Desander 8Mud Cleaner 8Shale Shaker Click on Details for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of Compressor Spares as per tender specifications, Digboi Refinery Details 8Supply of spares for servo level gauge of Horton Sphere at LPG Bottling Plant, Jharsuguda Details 8Replacement and Dryout of HGU Cold Collector Refractory along with Supply of Refractory Material, Guwahati Refinery Details 8Additional Crude Tank and Associated Facility Project, Paradip Refinery Details 8Pipeline laying works for capacity enhancement of Jamnagar - Loni Pipeline Project Details 8Providing civil works at 'KADU' drill site, Karaikal Details 8Procurement of Clamp-on Type Ultrasonic Flow Meters, Panipat Refinery Details 8Supply of fresh Catalyst for DHDS unit, Mumbai Refinery Details 8Supply of Caustic Soda Lye to BPCL’s Mumbai Refinery, Kochi Refinery and NRL’s Numaligarh Refinery under Annual Rate Contract Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Centre agrees to supply LNG to households in Yanam: Pondy CM Details 8RIL writes down $6 billion for New Accounting Standards Details 8MoU signed between NITI Aayog and University of Petroleum and Energy Studies Details 8Tata firm to invest in Rs 5,900 crore floating LNG project by Swan Energy Details 8India committed to goals on renewable energy: Goyal Details 8Expect great volatility in oil prices in 2017: IEA Executive Director Fatih Birol Details 8Operations at Venezuelan oil terminal halted by spill - sourcesDetails 8Oil prices fall on strong dollar, U.S. output rise expectationsDetails 8Why oil can spoil India’s budget math Details 8India's petroleum sector attracted FDI worth $1.18 billion in the last two financial yearsDetails You can also click on Newsclips for moreDetails
Land Preparation has been started for the project. 8EIL is appointed as a consultant. 8Total costing of the project is Rs. 950 crore. 8EC is expected to be come by, May 2017. Click on Details for moreDetails
A major refinery is planning to setup a new desalination plant. 8A Contractor for the PFR is the requirement right now 8The total cost of the project is Rs 100 crore. Click on Details for more.Details
RFQs for maintenance works at an LPG bottling plant are expected to be floated by Feb-end, 2017. Equipments to be required during the maintenance work: 8LPG Pumps 8LPG Compressors 8Conveyors 8Blowers 8Air Compressors and Air Dryer Units. Click on Details for more.Details
Initial dredging works in connection to a upcoming Storage Refasification Unit (FSRU) has been started recently. 8The project is worth Rs. 5600 crore. 8An EPC contractor for marine and dredging work, worth Rs. 2115 crore, has been selected. 8Groundwork for the project was started in November, 2016 and the Capital Dredging and Reclamation Process will be completed by December, 2017. 8Future RFQ’s are expected to released before dredging works are completed, Q-4, 2017. Click on Details for more.Details
A Rs.10,000 crore project is expected to get a green nod from the Cabinet within 3 months for strategic storages. 8EIL was entrusted to carry out the Detailed Feasibility Study for this project. 8The project has already gone through many changes in the past but all stakeholders are expected to come to a common ground this time. 8The cabinet approval is expected to be granted by March,2017. Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8Procurement of HV System Package for LPG Import Terminal Facilities Project Details 8Outsourcing of maintenance activities for DHT Plant, Mumbai Refinery Details 8Procurement of Displacer Level Transmitters for DHDS Unit, Gujarat Refinery Details 8Pressure reducing and Desuperheating station package for VGO-HDT Unit, Gujarat Refinery Details 8Procurement of Level Gauges for DHDS Unit, Gujarat Refinery Details 8Dig site verification and Repair of IPS anomalies in Northern Region Pipelines, Panipat Refinery Details 8Periodic Testing of LPG underground tanks Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Pradhan hits back at Jairam Ramesh, reminds him of Imperial Energy fiasco Details 8MobiKwik registers 10 times growth in oil, gas sector Details 8Cairn India gets nod for drilling 64 exploratory, appraisal wells in KG-Basin Details 8RIL shares dip 3% post Q3 earnings Details 8ONGC's KG gas field to touch peak in July Details 8Asian oil refinery margins jump on outages in Mideast, Asia Details 8'Gas Authority of India Ltd pipeline would not cross agricultural land'Details 8Oil, gas conservation fortnight begins Details 8Asian Oilfield bags Rs 143-cr contract from OIL in ManipurDetails 8Oil prices rise on weaker dollar, Saudi’s commitment to cut outputDetails 8India, China to fuel demand for natural resources, says Saudi energy minister Details 8UN puts India’s GDP growth at 7.7% for 2016-17Details 8Cairn ploughs on in the North Sea Details 8Oil majors, car makers to push hydrogen technology to help cut emissionsDetails 8World’s largest oil refinery increases profit despite tough market Details 8Mangalore Refinery and Petrochemicals sets out massive expansion drive, to invest Rs 24,000 crDetails You can also click on Newsclips for moreDetails
The website carries here GAIL India Ltd's full details of the second phae of the pipeline project from Jagdishpur Haldia Pipeline Project (JHPL) with the design capacity of 16 MMSCMD including 4 MMSCMD as common carrier. 8This pipeline will touch the districts of Jagdishpur, Haldia Bokaro and Dhamra and it will cover the states of West Bengal, Jharkhand and Orissa. 8Total projected cost is around Rs 9380 crore. Following are the potential gas sources for this pipeline. 8Gas through Vijaipur –Auraiya –Phulpur Pipeline (VAPPL): RLNG from at Dahej and Dabhol & domestic gas 8RIL CBM gas from Shahdol at Phulpur 8RLNG from proposed RLNG terminal at Dhamra. Following is the tentative gas demand enroute the pipeline Bokaro -Sindri-Ranchi- Angul- Dhamra Section 8FCI Sindri - 2.2 MMSCMD 8Ranchi CGD - 0.19 MMSCMD 8Jamshedpur CGD - 0.39 MMSCMD 8Other customers , Sambalpur, Raurkela -0.44 MMSCMD 8Other customers Paradip ( Essar, Paradip phosphate) - 0.53 MMSCMD 8Cuttack, CGD - 0.19 MMSCMD 8Bhubaneshwar, CGD - 0.19 MMSCMD Sindri- Haldia Section 8CGD Kolkata 1.95 8Other customer Haldia ( HPL, Mitsubishi)- 0.44 MMSCMD 8IOCL Haldia 2 MMSCMD 8Matix Durgapur - 1.5 MMSCMD Following are the schedule 8Prefeasibility report is completed 8Term of references have accepted in January, 2017 8Sources said that project has to be completed as quickly as possible on account of active interest from the Prime Minister's Office Click on Reports for comprehensive informationDetails
For reference purposes, the website carries here a 100 page pre-budget memorandum submitted by one of the major industry associations in the country 8While this is a general purpose memorandum, the petroleum industry will find some of the demands in sync with their own requirements and aligned to the points made in their own pre-budget petitions Click on Reports for moreDetails
Cairn India's gas production from the RGD field in its Rajasthan block has come to a halt 8The company has blamed an ongoing dispute between a gas transporter and buyers over pipeline tariffs and take or pay provisions for the suspension 8As a consequence, gas production from RDG was lower at an average of 21 mmscfd in Q3 FY2017 compared to 33 mmscfd in Q2 FY2017. 8Gas sales also declined quarter-on-quarter to 4 mmscfd from 17 mmscfd. 8Cairn is now trying to intervene in the dispute for an early resolution Click on Reports for moreDetails
The PNGRB has invited bids for an LPG pipeline from Mundra to Kandla 8The pipeline will be laid mostly along the coastline Click on Reports for moreDetails
Before the actual shutdown, company is now planning to hire a contractor for the inspection of its refinery units. 8RFQ’s for equipment related to the maintenance will be floated by mid-Feb, 2017.Details
A prominent refinery has gone for an unplanned maintenance shutdown of it crude distillation unit (CDU) recently. 8Local vendors will be hired on immediate basis for the electrical and mechanical equipment works. Click on Details for more.Details
A 22-well drilling programme is coming up in an onland field 8The approved cost for the drilling of 1 well is around Rs.11 crore and the total cost of the project is around Rs.242 crore. 8The company is now looking for a contractor for infrastructural works. The equipments which are to be used are listed below: -- Electrical Rig -- Shale Shakers -- Desander -- Desilter -- Mud pump -- Engine Generators sets -- Vibration Dampners -- Substructure -- Blow out Preventers -- Drill Bits -- Conductor Casing Pipe -- Drill Pipes -- Water Tanks -- Electrical Cables Tray and other electrical items -- Mud gas Separator -- Accumulators 8The RFQ’s for equipment requirements for drilling including the associated equipment are expected to be floated in April 2017. Click on Details for moreDetails
Owing to new regulations and environmental concerns, the operator is also looking forward for controlling noise pollution by introducing stringent standards on equipments. The noise emissions for the following machineries will be checked and noise reduction fittings will be required for the same: --Compactors (Rollers) --Front loaders --Backhoes --Tractors --Scrapers, Graders --Pavers --Trucks --Materials Handling equipments --Concrete Mixers --Concrete Pumps --Cranes (Movable) --Cranes (Derrick) --Pumps --Generators --Compressors 8The RFQ’s for the above is expected to released by March 2017. Click on Details for moreDetails
Expansion of a crude oil pipeline capacity by 9 MMTPA is under progress. 8Presently, installation work is under progress 8RFQ’s for the next phase of pipeline equipment are expected to be out by the end of Feb, 2017. Click on Details for more.Details
For reference purposes the website carries here the following tenders: 8Supply of Surege Arrestor, Panipat Refinery & Petrochemical Complex Details 8Providing Consultancy Services for Project benchmarking study during FEL phase of Ethylene Glycol project, Paradip Refinery Details 8Procurement of Turbine Spares, Mathura Refinery Details 8Chemical Cleaning of Heat Exchanger at Hydrocracker unit, Mathura Refinery Details 8Procurement of Tapered Bearing Simulator Viscometers Details 8Appointment of an agency for carrying out All India Study on Sectoral Demand of Petrol and Diesel being sold from retail outlets of IOCL, BPCL and HPCL Details 8Mechanical works related to tanks and pipelines, Tamil Nadu Details 8Handling and loading of Liquid Hydrocarbon at LPG Recovery Plant, Vijaipur Details 8Procurement of High Speed Diesel, Faridabad Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil marketing companies to bear entire MDR levy Details 8Indian Oil, BPCL, HPCL shares rise on petrol, diesel price hike Details 8Government mulling second public sector companies ETF next FY, official says Details 8India fuel consumption to hit 200 million tonnes in FY17: oil ministry Details 8Oil industry launches month-long conservation drive Details 8Nobody is above law: Oil Min Pradhan on raids on brother's LPG agency Details 8Not enough investment in renewables: IRENADetails 8Oil prices steady on weaker dollar, but doubts over output cuts linger Details 8Reliance Industries' third quarter net profit rises 3.6 per cent to Rs 7,506 croreDetails 8No returning to subsidies on petrol, diesel: GovtDetails 8Rising petrol, diesel prices push WPI inflation to 3.39% Details 8IMF cuts India's growth rate to 6.6% due to note banDetails 8HPCL in talks with six foreign suppliers for gas at LNG terminalDetails 8Tamil Nadu ministers take farmers’ views on GAIL pipeline Details 8Cashless transactions in IOC petrol pumps rise to 27% in BengalDetails 8Pradhan dismisses Congress’ charges on ONGC-GSPC dealDetails 8A time of change for the oil industry Details 836.5 per cent of Reliance's Q3 profit come from treasury gainsDetails 8For RIL, demonetisation had positive impact on retail but petrochemicals demand hitDetails 8Ten key takeaways from RIL's third quarter financial resultsDetails You can also click on Newsclips for moreDetails
Can shale oil and gas resources ever be exploited in India? 8Given its high population density and lack of water, coupled with farmer activism and an intrusive judiciary, the challenges are immense. 8Even if shale oil or gas production takes place, it will have to be under an entirely new regulatory environment Click on Reports to find out moreDetails
Subsequent to an appeal by Gujarat State Petronet Ltd., the PNGRB is reconducting its tariff determination exercise for the company's high pressure Gujarat grid 8The provisional tariff sought by GSPL was Rs 39.55/mmbtu (GCV) on a levelized basis but PNGRB was willing to part with only Rs 23.99 Click on Reports to find out more on the various cost components involved in the determination of GSPL's tariff rateDetails
Clearly, the The power and petroleum sector PSUs need to factor-in the rapid advances being made in clean energy in other parts of the world, also on the merit of better financials. 8In India, at the moment, the financials may not be entirely in their favour, but there will be alignment with global markets in due course. 8Many provinces of Germany are already integrating more than 50% renewable electricity in the grid, also supported by ‘flexible’ coal-based power. Small automobile markets like Netherlands and Norway are among the world’s 4 largest EV markets (China is the leader). 8India also aims to give a boost to it. The planned financial returns can only be realized if the assets can be productively operated for their entire productive life and earely retirements of refinery sector assets can upset plans. In a rapidly evolving technological and commercial scenario, energy sector ‘lock-ins’ demand a careful consideration, the article goes on to state. Click on Reports for moreDetails
The article then goes on to claim that gas may not be ideal fuel for the power sector 8This will demolish the basic argument of the gas supply lobby that a spurt in gas usage will come when gas based power plant are used to meet peaking power requirements in an environment where renewal power is increasingly in use. 8There is a move now to make coal-based plants ‘flexible’ so that they can balance the variable renewable power. If this were to happen, coal-based generation will receive a boost. 8While gas-based generation is often touted as a necessary accompaniment to wind and solar power, the example of Germany suggests that even coal-based power can play this role. 8Additionally, the emergence of renewable technologies has also adversely impacted demand for gas by displacing it in power generation. 8Coal-based power plants are going in for retrofits to serve as balancing units for renewables. 8The net impact on new gas demand has been negative (at least in the West where gas-based power generation is preferred over coal). Even for balancing variable renewable power, a number of technologies are available which will pose a challenge to gas as their prices fall over time. Click on Reports for moreDetails
The article also says that the private sector has already stopped investments in the refinery sector 8In the last decade the private sector set up three out of four new refineries directly or in the joint sector (Bhatinda, RIL’s second unit at Jamnagar, Bina and Paradip), but it is no longer coming forward. 8However, the public sector has announced its intention of setting up a mega-refinery on the west coast. 8Of course, refineries produce a slew of products, and not merely transport fuels. 8India imports nearly half of its LPG requirement (and we need our refineries to augment supply), which will further increase due to demand coming from Prime Minister Ujjwala Yojana. But, even as the configuration of refineries can be tweaked to produce the desired slate of products (LPG, kerosene, transport fuels etc.), the same will have to be consciously determined. 8We also have the option of importing products rather than crude oil for the new refineries (we already import 80% of our refinery crude), the article claims Click on Reports for moreDetails
A controversial new government sponsored article has warned against India "locking in" its investments in mega refinery projects when rapid technological changes are taking place. This has been the position of this website too over the past one-and-half years. 8The author quotes a growing ambition among Indian policy makers to ensure that all vehicles sold by 2030 are electric vehicles. 8A government-led initiative – the National Electric Mobility Mission Plan – is already targeting annual sales of 6-7 million EV/Hybrid vehicles by 2020. 8There are already several studies that indicate that lifecycle cost of an electric car in India would be the same as that of an internal combustion (IC) one by 2022. 8Over the last one-and-a-half decades, India has been an exporter of petroleum products, which is now changing to just self-sufficiency. 8There has been a buzz that India needs to step up refining capacity, to cater to the burgeoning demand arising from the transport sector. But if EV technology was to out-compete IC based vehicles in the coming years, surely the demand for liquid transport fuels would be adversely impacted, and new refinery sector investments would face a challenging, altered reality. Click on Reports for moreDetails
For reference purposes the website carries here the following tenders: 8Supply of Hydrous Sodium Acetate for ETP-3 for a period of one year Details 8Supply of various industrial gases, Guwahati Refinery Details 8Maintenance, Inspection and up-keeping of cross-country pipeline and Cathodic Protection system Details 8Annual Rate Contract for mainline maintenance, Viramgam Details 8Supply of Control Valve Spares, Panipat Refinery Details 8Provision of Capacity Underground Horizontal tanks with connected pipelines and allied works for Ethanol storage Details 8Supply of Base Oil Group to IOCL plants, Mumbai Details 8Supply of Helium Gas, Gujarat Refinery Details 8Supply of Mobile Oil Spill Recovery Units, Rajkot Details 8Supply of Di Iso Decyl Adipate Diester Additive Package Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Oil prices drop on concerns over OPEC members implementing the deal Details 8Power outage halts output at Mexico's second biggest crude oil refinery Details 8India's petroleum demand growth slowed 5.4 per cent in April-December Details 8BJP, SP at war over cut in kerosene quota for distribution in Uttar Pradesh Details 8Union Budget on February 1 will be like no other - A look a key expectations Details 8Gas agency owned by petroleum minister Dharmendra Pradhan's brother raided Details 8India's 2016 Iran oil imports hit record high with refiners resuming purchaseDetails 8India's petroleum demand growth slowed 5.4% in April-December Details 8Gujarat government rebuts Congress, says no ‘underhand’ dealing in gas fieldDetails 8Protest fear on Bengal gas projectDetails 8Demonetisation: Digital payments more than double at OMCs' fuel outlets Details 8India's oil demand expected to beat Chinas' this yearDetails 8Petrol prices up by 42 paise a litre, diesel by Rs 1.03 per litreDetails 8US reservoir evaluation firm puts gas reserves in Deen Dayal West field at about 1trillion cubic ftDetails 8Ratnagiri Gas eyes new business plan for LNG terminal Details 8Oil spill in ONGC well pluggedDetails 8INTERVIEW-Oil prices will be much more volatile in 2017 - IEADetails You can also click on Newsclips for moreDetails
The new Business Opportunity is expected to come for the “Procurement of Casing Pipes and Drill Pipes” in June 2017” for a six well drilling programme 8To begin with exploratory drilling of two well at a cost of around Rs.185 crores will be undertaken 8The environmental clearance (EC) is not required as the proposed location comes under the existing mining lease area. 8Further exploration and the developments will be proposed depending upon the feasibility of the two exploratory wells in nominated mining lease area. 8Duration of operation may take around 4-5 months period for drilling of one well 8An electrical rig is going to be used. 8At present the Site leveling and fencing is in process which will be executed by mid of next month. Click on Details for moreDetails
As of now, on the forthcoming two-well drilling programme, site development work is going on. The following infrastructure development RFQs are likely in the next one or two months: RFQs in January 8Cranes 8Lighting RFQs in February 8Cameras 8Fire extinguishers and medical supplies 8Flowback monitoring and analusis 8Health Risk Assessment analysis 8Hydraulic fluid and additives 8Oil tanks 8Pipe racks 8Safety: Harnesses, Hard Hat, Clothing, Gloves, Safety Glasses 8Spill Clean-Up: Dry Chemical, Foam and Gas Extinguishing System 8Welding Equipment Click on Details for moreDetails
Clearances for a 4.3 MMTPA refinery expansion is expected sooner than normal. 8Existing land is sufficient for expansion hence no additional land is required. 8Though the PFR is under progress, officials said that EC is expected by Q-4, 2017 as there are no land requirement issues 8The project commissioning date is 2022 Click on details for more.Details
Construction work on 1104 km natural gas pipeline project is already under progress for which further tenders are expected to be floated within 45 days. 8Due to previous delays in the project, its cost has increased from Rs. 4,493 crore to Rs. 4,700 crore. 8Presently, almost 86 Km pipeline work is completed and welding works are in progress. List of equipment to be required in upcoming works are: -- Pipeline -- Pig trap -- Launchers and receivers -- Odorization -- Quick opening closures -- Monolithic insulating joints -- Pipeline valves Click on Details for more.Details
A maintenance shutdown has been delayed by a month in a big refinery. 8It was earlier scheduled from mid-March, 2017; it is now expected to start from mid-April, 2017. 8It will be a 40-day shutdown. Click on Details for more.Details
A leading petrochemical player is all set to install a new naphtha cracker unit inside its refinery premises. 8Engineers India Ltd (EIL) is already working on the feasibility report. 8As the petrochemical complex is set to be installed inside the refinery premises, land preparation will start in August 2017. 8A banker in the know said that a combination of equity and debt will fund the Rs 5000 crore project Click on Details for more.Details
Two LPG mounded bullet storage vessels of 300 MT will be installed in the one of the union territories soon. 8The TOR has already been granted in October, 2016. 8The company is still waiting for Wildlife Clearance for the project, which is expected to be granted by May,2017. 8EIA will be submitted in July, 2017. 8The project is expected to get commissioned in 24 months after EC is granted. Click on Details for more.Details
The Terms of Reference for a 179-well on-land drilling programme is expected to be granted by Q-2, 2017. The field development also involves: 89 production installations, 8Associated pipelines, Click on Details for moreDetails
The flare up seen in the marketing margins of public sector oil marketing companies may be coming to an end. 8The peak has definitely come and gone 8One reason for this is the imposition of a 0.75% discount on cashless fuel sales, potential fee burden of ~1% on card transactions and competition from private players offering discounts. While OMCs will eventually pass on these charges to consumers, the scope for margin expansion in FY18 has reduced. 8HPCL, followed by BPCL, would be the most vulnerable. 8IOCL should be insulated given its smaller market share and slimmer margins. Click on Reports for moreDetails
Gas suppliers have argued that they can play a major role in the transition to decarbonised energy markets because of the advantages of switching from coal to gas, and the role of gas in backing up intermittent renewable power generation. 8While this argument remains a logical approach and this has gained credibility with the government of India, the suppliers have been unsuccessful so far in gaining the backing of the global environment community. 8This has left gas in a position of continuing to be labelled a fossil fuel, where its carbon-related advantages over other fossil fuels are viewed in the longer term (2030-50) as, at best, questionable. 8Decarbonisation is ongoing and unstoppable. 8The key variables which will determine the long-term future of gas will be policy and technology, as well as economics, defined as the price of gas in relation to the costs and prices of other sources of energy, impacted by policy measures such as carbon pricing. 8But depending upon how quickly technology and policy changes, there is certain risk for different asset classes, from LNG terminals to pipelines becoming redundant Click on Details for moreDetails
After initial uncertainty, private players are now firmly in the saddle. 8Private fuel retailers (RIL and Essar Oil) have ramped up the battle against OMCs by offering discounts on retail sales. 8RIL (1,400 operational outlets) is offering a flat discount of Re 1/ltr on diesel (on all payment modes), while Essar (~3,000 operational outlets) is matching the 0.75% discount offered by 8OMCs on cashless payments. 8Overall, OMCs have been OMCs suffered a 2% market share loss in diesel (mostly bulk sales) in FY16. 8While their clout is going up in the institutional sales business, in the retail arena they are up against a much larger footprint of the OMCs with their 52,000 strong retail network but slowly RIL and Essar are seem to be chipping away at market shares Click on Reports for moreDetails
The usage of gas as an industrial fuel suffered as a result of low crude prices 8The price sensitive Indian industrial market stuck to liquid fuels, refusing to convert, while some even shifted from gas to liquid. 8Now that crude prices are beginning to strengthen, the impact will felt on the ground. 8How will gas suppliers benefit? Click on Reports for more for a case studyDetails
What is the outlook for the large players in the oil & gas and refining space for 2016-17? Among the companies in the review are: 8Reliance 8ONGC 8OIL 8HPCL 8BPCL 8IOC 8MRPL 8GAIL 8Petronet LNG Click on Reports for moreDetails
Everyone knows that India's oil and gas data posted regularly by the PPAC is not of the standard that is expected out of a government organization. 8Compared to most other big governments, India's statistical database is indeed very poor. 8The amount of data that the EIA provides along with details analysis is a pointer 8The PPAC is now trying to hire more people, including a joint director to oversee a revamp of the gas statistics division. 8But will it work? Click on Reports for more Details
RFQs are expected in May, 2017 for a gas gathering station and an attendant pipeline network 8Environment clearance is in the Q-3, 2017 RFQs are going to come up for: 8Manifolds 8Header 8Piping system 8Separators 8Pumps 8Flare stack systems, among many other equipment needed Click on Details for moreDetails
An 8-well development programme is coming up 8The programme includes setting up of surface production facilities as well 8The TOR is expected in May-June, 2017 Click on Details for moreDetails
A Rs 22 crore expansion of an existing oil terminals is going to take place soon 8Clearances are expected in April, 2017 Click on Details for moreDetails
Environment clearance is expected in Q-3, 2017 for creation of water front facilities and oil jetties in an existing port 8The cost of the project is Rs 1500 crore 8The project will be ready within 12 months of clearance 8The project involves construction of four oil jetties Click on Details for moreDetails
>RFQs for a set of twin Rs 350 crore port to refinery pipelines will be floated in March, 2017 The list of equipment includes: 8Pumps 8Valves 8Compressor stations 8Pipes Click on Details for moreDetails
Another petroleum product storage capacity expansion project is in the offing 8It involves the conversion of a LAN (Low Aromatic Naphtha) storage tank to Biodiesel storage and the raising of the Bio-Diesel storage cpacity from 1365KL to 81765KL by the addition of 2x200KL capacity tanks. 8Environment clearance is expected in mid-2017 Click on Details for moreDetails