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Feb 2017

Deep Industries Ltd happens to be one of the rare Indian companies who have emerged from being a small supplier to ONGC to becoming an ambitious operator of E&P and CBM blocks.
8The company has raised funds of $ 21 million for investment in its CBM block in North Karanpura even as it continues to consolidate its position in the highly competitive gas compression work rigs rigs and gas dehydration services segments.
8The company's profits have been going up, with a PAT of Rs 51 crore in the first 9 months of 2016-17
Click on Reports to know more Details
What are Numaligarh Refinery Ltd's future plans?
8It has lined up an ambitious investment portfolio
8But the bulk of it has several risk elements involved
8The refinery expansion, from 3 to 9 MMTPA is only viable after a huge capital and excise subsidy which the government seems reluctant to provide
8The bio refinery project is fraught with environmental concerns
8And the Indo-Bangladesh product pipeline also carries political risk should a friendly regime in Dhaka to change into an unfriendly one
Click on Reports for more Details
China will continue to be the largest economy in the world in 2050 and India the second largest in Purchasing Power Parity terms, according to a study by an international consultant.
8The US will be relegated to the third position.
8A number of other emerging markets will also take centre stage – Mexico could be larger than the UK and Germany by 2050 in PPP terms and six of the seven largest economies in the world could be emerging markets by that time.
8Meanwhile, the EU27 share of world GDP could be down to less than 10% by 2050, smaller than India.
8Vietnam, India and Bangladesh will be three of the world’s fastest growing economies till 2050.
8These findings have implications for businesses worldwide. Today’s advanced economies will continue to have higher average incomes, but emerging economies should make good progress towards closing this gap by 2050. This will open up great opportunities for businesses prepared to make long-term investments in these markets.
Click on Reports for more Details
For reference purposes, the website carries here a schematic route map of the Kandla-Gorakhpur LPG pipeline. The entry points and delivery stations are outlined. The terminating stations and the intermediate delivery stations are also highlighted. The PNGRB has invited EOIs for building the pipeline.
8Petroleum minister Dharmendra Pradhan said in a recent speech how he has turned the petroleum ministry which dealt only with big corporates into a welfare ministry, touching lives of millions of the poor and underprivileged through its LPG outreach schemes. He also spoke on the impact of demonetization and the Jan-Dhan scheme.
Click on Reports for more Details
A global rating agency has claimed that the proposed merger of India's state-controlled oil companies could reduce inefficiencies across the sector.
8It would also create an entity that is better placed to compete globally for resources, and less vulnerable to shifts in oil prices.
8But problems can arise as well, as it will have significant execution challenges, particularly in terms of managing the integration of employees, addressing overcapacity in the merged entity, and winning the backing for the merger from private shareholders.
8There is also a question of how the state will handle the likely decline in competition after a merger.
8Consumers have benefited from competition among the state-controlled retail companies, which has supported improvements in service standards.
8Private companies are increasing their market share from a low base, but could find it even harder to compete with a single large state-controlled company.
Click on Reports for more Details
AnE&P major is planning to drill to drill another 10 wells in  a mostly gas asset.
8EC is expected around May 2018.
8The project investment will be approximately Rs. 500 Crores
8Operator is looking up for the following consultancy services: 
- Feasibility Studies.
- Well Engineering services.
- Location scouting.
- Ministry applications.
- Environmental Impact Assessment.
Down the line, the EPC/EPCM contractors will also be hired for drilling and well engineering studies.
Click on Details for more. Details
New exploratory wells are coming up on-land field in Cauvery Basin.
8The total cost of the project is around Rs.575 crore.
8The officials are expecting Environment Clearance around May 2017 since the exploration talukas have changed for some of the exploratory wells.
8The RFQs for the equipments will be released soon.
Click on Details for more Details
Land preparation is done for this expansion project.
8The cost of the project is Rs. 6 Crore
8Equipment required are as follows:
-- LPG Pumps
-- LPG Compressors 
-- Conveyors
-- Blowers
-- Air Compressors and Air Dryer Units.
-- Mounded bullets
Click on Details for more Details
Civil works has been started for Phase-I of the pipeline.
8Total cost of the project is Rs. 12,000 Crore
8Equipment to be required:
-- Pipes 
-- Welding materials
-- Mix Concrete 
-- Cranes
-- Truck Trailers
-- Dozers
-- Excavators
-- Pumps
-- DG sets
Click on Details for more Details
The Operator has a plan to drill 8 exploratory wells as per the Minimum Work Programme.
8The operator seems to be encountering a lot of problems while undertaking the drilling of High Pressure/High Temperature 5th well and huge mud loss is being faced by the operator.
8The drilling of the 6th well in the next 15 days.
8The completion of the MWP is expected by Q-3, 2017.
8Subsequently, the drilling  of 15 appraisal wells and 3 exploratory wells is to be undertaken, for which environmental clearance is awaited.
Click on details for more. Details
The Operator is planning to build a LNG terminal at a port. 
8The capacity of the terminal is expected to be 5 million tonnes per annum (MTPA).
8The environment clearance for the project is expected to be granted in March, 2017.
8The terminal is expandable to 10 MMTPA capacity in the future.
8The facilities that are required to be developed under this are as follows:
--Marine Facilities
--Storage Tanks
--Regasifiaction Facilities
8The Project is expected to be commissioned by Q-4, 2019.
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Dry ice blasting of HRSG tube modules at P&U at refinery Details
8Procurement of Hydrogen Peroxide for refinery Details
8Procurement of Bare /Coating/Coated Line Pipes for Pipeline Project Details
8Integrity Assessment Survey of Non-Piggable Pipelines Details
8AMC for Instrumentation works in KG Basin Details
8Onsite Calibration of Electrical Testing and Measuring Instruments Details
8Civil works at drill site CMDN Cluster in RDS area Details
8Chemical Handling, Up Keeping of Sub Station and other miscellaneous jobs at TPS and GT areas in refinery Details
8Carrying out Catalyst Unloading, Loading, internal inspection etc. in reactors of refinery Details
8Item Rate Contract for LPG Pipeline Mechanical Maintenance Details
8Supply of Hydrogen Peroxide for refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8HPCL gets green nod for Rs 3,846 cr expansion project to produce Euro IV fuel Details
8Crude oil price steady, kept range-bound by mixed price indicators Details
8National Green Tribunal to continue hearing on Chennai oil spill today Details 
8India becomes second-largest LPG consumer Details
8Oil PSUs merger: New entity would face significant challenges, says Fitch Details
8Iraq's Basra oil export terminal to stop loading for 24 hours Details
8World LPG body lauds Modi government’s cooking gas coverage efforts Details
8Crude oil price slump hits demand in Gulf sector, says Jet Airways Details 
8The size of the merged oil PSUs will help in acquisitions: M K Surana, CMD, HPCL Details
8BP sees new output from eastern offshore KG-D6 block after 2020 Details
8Indian Oil says crude processing to edge up in 2017-18 Details 
8'Oil firms merger may not be good for consumers, private retailers' Details
You can also click on Newsclips for more    Details
Gujarat has sought a 40% capital grant to GSPL India Gas Net Ltd and GSPL India Transco Ltd (GITL) for development of the Mehsana-Bhatinda-Jammu-Srinagar (MVJS) pipeline
8A grant has also been sought for the Mallavaram-Bhopal-Bhilwara via Vijaipur (MBBV) pipeline set up by GITL
8The finance ministry has conveyed support so far for the finance assistance from the Asian Development Bank for the MBBV pipeline
Click on Reports for more Details
The development of the Vashista and S1 gas fields in the KG offshore basin will be completed by December, 2017
8The current production from one well, S2-AB, is around 0.9 msmcmd
8The estimated reserves in the S-1 field is 7.80 billion cubic metres
8The reserves in Vashista field is 9.69 BCU
Click on Reports for more Details
The website carries here the full status of progress of the GAIL's Rs 10,000 crore Surat-Paradip gas pipeline.
8EOIs were released for booking of capacity and detailed route surveys were done
8But the project has been kept on hold on account of lack of anchor load customers and inadequate capacity booking.
8The consideration of coal gasification route to produce urea in Talcher instead of gas has also come in the way
8Delay in the development of the ONGC-Mahanadi gas field and the Mallavaram-Bhilwara pipeline means that there is no domestic source of gas for the pipeline
8Non availability of LNG regasification terminals in the east coast and GAIL's inability to book capacity in the Shell Hazira LNG terminals are the other road blocks for the pipeline
8Meanwhile, GAIL has been advised to implement the Angul-Dhamra/Paradip stretch as part of the Jagdishpur-Haldia pipeline, for which the gas major has submitted a proposal to the PNGRB for revising the completion schedule to January, 2020
Click on Reports for more Details
Is there a way out of the impasse?
8Apparently there is the possibility of up to a 42% reduction in petroleum consumption in the transportation sector by 2031-32 if the right steps are taken.
8Efforts will be needed on multiple front for this to happen
8This study is important for planners in the refinery sector as it may have implications on projected demand for liquid fuels over the 15 year horizon.
Click on Reports for more Details
A new paper has envisaged a grim scenario of continued increase in liquid fuel consumption by the transportation sector and the consequent increase in carbon emissions in a 15-year projection for India.
8The transport sector's share in consumption of liquid hydrocarbons is expected to go up from the current level of 48% to 61%
8Road transport will consume over 90% of the energy within the transportation sector as the number of on road vehicles are expected to quadruple by 2031-32
8The fuel basket will remain undiversified within the transport sector with liquid hydrocarbons making up 92% of the total consumption. Import dependence of crude will go up 91% by 2031-32 from 76% in 2011-12.
8Share of transport sector in emissions will be go up from 14% to 19%. Pollution levels will go up in all cities and pollution related mortality rates will go up dramatically.
Click on Reports for more Details
Now that the budget is over, what the key budgetary demands set by the oil the gas industry which remained unfulfilled?
Among the key demands overlooked by the budget are:
8Extension of exemption under section 10(48A) to Indian companies who have been engaged in the business of storage of crude oil / natural gas in India
8Ceiling of 20 per cent on Profits for Site Restoration Fund (SRF) Contribution under section 33ABA of the Act should either be removed or increased to at least 50 per cent
8Losses from the specified business under Section 35AD of the Act to be made eligible for set-off  against profits from other businesses of the taxpayer, and not restricted to be set-off against only the  specified businesses. Accordingly, section 73A of the Act be deleted
8Extension of benefits under section 42 of the Income Tax Act, 1961 to (i) Pre-NELP contracts, which have the President’s assent; and (ii) for expenses incurred in connection with oil and gas blocks  located outside India
8Remove the prerequisite to surrender the area for claiming infructuous or abortive expenditure under Section 42. Such expenditure may be allowed as deduction in the year in which the area is abandoned  as abortive
8Clarification on applicability of Section 44BB in case of income by way of Fees for technical services (‘FTS’)
8Clarification on non-inclusion of reimbursement of service tax in the gross receipts under section 44BB
8Exemption from book profit tax under section 115JB of the Income Tax Act, 1961 to oil and gas companies availing specific incentives or covered under specific tax regimes (section 42 or section  44BB, etc.)
8Liquefied Natural Gas (LNG) storage facility at port location to be included in the definition of ‘Industrial infrastructure’ in section 80-IA to promote import of LNG
8Clarification on definition of ‘mineral oil’ under section 80-IB(9) of the Income Tax Act, 1961 and to include natural gas and Coal Bed Methane under the definition retrospectively irrespective of NELP  rounds
8Clarification on retrospective amendment regarding definition of ‘undertaking’ under section 80-IB(9)
8Tax holiday period for Exploration and Production (E&P) undertaking should be increased from seven years to 10 years out of 15 years
8Extend the period of Incentive (sunset clause) under Section 80-IB(9) to acquisition of new blocks in India
8Allotment of Infrastructure status to the Exploration and Production (E&P) facilities to enable access to funds and availability of other benefits which have been granted to infrastructure projects, such as tax  holiday, weighted deduction, etc.
Click on Reports for more Details
The website carries here the following data:
8Monthly average price of the Indian basket of crude oil, petrol and diesel in the international market from April 2014 till January 2016 and the number of times prices of petrol, diesel, LPG and kerosene have been raised in the last two years
8State-wise pending SC/ST letters of intent for allotment of retail outlets due to lack of availability of land and corrective action taken by the government to fix this anomaly
8Steps taken by the government to encourage the use of digital transactions by consumers in retail outlets
8Complete details of 188 LPG bottling plants that are currently operating in the country and details of new bottling plants being set up by the oil marketing companies in India
8Production vs consumption of individual petroleum products for the period 2013-14 to 2016-17 (April-December, 2016)
8Domestic production, consumption and import of gas over the last four years
Click on our Database for more Details
The oil and gas major has planned to drill another 108 wells in an oil and gas asset.
8Officials are expecting environment in the next 3 months.
8The E&P major has sorted out 20 locations so far.
8According to the officials “Currently there are only 2 rigs available in the area, so they are planning to hire rigs as we are planning for the drilling of around 18-20 locations."
8Electrical type of rigs would be hired for the drilling operations.
Click on Details for the locations for which rigs are going to be hired and the number of wells to be drilled in each location. Details
The operator is also planning to come up with an Effluent Treatment Plant at the site.
8The RFQs for the BOPs and ETPs are expected to released by March 2017:
--Blowout Controllers
--Blowout Preventers (BOP)
--Blowout Preventer Stacks
8Moreover, as per officials “All efforts will be made to confine waste within impermeable waste pits and treatment by ETP and disposal of solid waste as per guidelines and rules”.
8Apart from the construction of ETPs and for BOPs, RFQs for the following equipments will also be released.
--Mud Gas Separator
--Mud- Liquid solution used in preventing drill from overheating
--Mud Pit
--Mud Pump
--Mud Pump Separator
--Mud Return Line
--Mud System
--Water Storage Tank
--Water Tank
--Perforated Liner
--Perforated Pipe
--Waste pit
--HPDE Liner Details
Among others, following installations are also planned near the drilling locations:
8Laying of 4” and 8” diameter oil and gas flow lines,
8Establishment of 03 EPS, 
801 well head installation (WHI), 
803 water injection facilities,
Click on details for more. Details
The RFQs for various drilling equipments will floated by April 2017.
8Some of the expected equipments which are to be used at the drill site are as follows:
--Accumulator
--Blender- Mixes liquids and sand.
--Casing
--Choke Manifold
--Collar
--Degasser
--Derrick Board
--Diesel Engines- Powers the electric generator.
--Drill Bit- Steel Tooth Rotary Bit, Insert Bit, Polycrystalline Diamond Compact Bit,
--Diamond Bit
--Drill Line
--Drill Pipe
--Drill String- Consist of: Drill Pipe, Heavy Collar, Stabilizer, and Drill Bit.
--Monitoring Equipment- SCADA (Supervisory Control and Data Acquisition)
--Pipe Racks
--Pipe Ramp
--Rig Platform
--Rotary Hose
--Rotary Table
--SCR House/Top Drive
--Separator
--Shale Shaker
--Stabilizer
--Swivel
--Top Drive Details
 Land preparation work is going to start shortly for the expansion project
8EIL has been appointed as the PMC contractor.
8No additional land is required for the proposed expansion facilities
8EC has been already granted.
8Cost of the project will be Rs 3223.43 crore.
Click on Details for more Details
TOR have been already granted. 
8No additional land will be required.
8Cost of this project will be Rs. 554 crore.
8EC is expected by August, 2017.
Click on Details for more  Details
An existing refinery will be undergoing revamping of its DHDT unit soon.
8At this moment they are looking for a contractor for basic engineering and construction work
8RFQs for civil work requirements will be floated by April, 2017
Future Equipment requirements are: 
-- Reactors
-- Regenarators
-- Fractionators
-- Settlers
-- Condensors
-- Reflux drums
-- Air fin cooler tubes
-- Pumps
-- Plates
-- Heaters
-- Nozzles
-- Vessels
-- Columns cyclones
-- Air blowers
-- Wet gas compressors
-- Relief valves
-- Boilers
Click on Details for more Details
Another refinery is also planning to shutdown in its DHDT unit.
8The shutdown is mostly for blinding and deblinding of piping equipment and replacement of piping
8RFQs are to be floated by February end, 2017
Click on Details for more Details
An onshore oil & gas development drilling and production programme has been planned by the operator.
8TOR to the project is expected to be granted in April-May,2017.
8More than 60 locations have been identified for drilling new prospects some future wells have been identified in this block.
Click on Details for more. Details
A gas transportation pipeline is expected to be commissioned in Q-1, 2018 against the earlier scheduled date of Q-4, 2017
8The Length of the pipeline is 250 km with a diameter of 24 inches.
8The carrying capacity of the gas pipeline is expected to be 36 MMSCMD.
8The pipeline is expected to be commissioned by Q-1, 2018 as against Q-4, 2017. 
Click on Details for more. Details
8A compliance report submitted by Mercator Petroleum Ltd has for exploration drilling of 15 wells in the Block CB-ONN-2005/9 has claimed that no drilling activity has been conducted by the company in the July-December, 2016 period
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Piping & Modification jobs for Installation of New Gas Compressor Packages Details
8Hiring the services for collection of crude oil from effluent pits, cellars, sumps etc. of wells, OCS, EPS, QPS, WHS & other installations Details
8Refurbishment of coat and wrap of GSPL Mainline pipe by application of Cold Applied Tape Details
8Procurement of Level Transmitters Details
8Dig Site Verification for Direct Assessment of Jetty Pipelines Details
8Carrying out stress analysis on critical lines on requirement basis Details
8ARC for restrengthening of corroded weak pipes in hydrocarbon and non-hydrocarbon lines inside unit and offsite area at refinery Details
8Piping job for modification in the existing manual MVWS and Foam piping system into automatic system for Product Tanks in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8Oil firm flouts green norms, fined Rs 25 lakh by green tribunal Details
8World LPG Association to organize flagship LPG Summit in India Details
8ONGC's $11.5 billion Andhra Pradesh venture may stress cash flows, says Moody's Details 
8IOC may move court if Odisha ends tax sops to refinery Details
8Text of speech of Minister of State (I/C) for Petroleum and Natural Gas, Shri Dharmendra Pradhan during curtain raiser of WLPGA 2017 Asia LPG Summit Details
8Shale gas exploration: ONGC accused of flouting green laws Details
8India becomes second largest domestic LPG consumer Details
8Coverage of clean cooking fuel, LPG in India increases to 72%: Pradhan Details 
8Diamond Offshore sees recovery when oil 'well over $60' Details
8Qatar Petroleum boss says Trump ‘very positive’ for oil Details
8All set for exploration of shale oil and gas by ONGC in State Details 
8GAIL may remain a separate vertical under mega oil company Details
You can also click on Newsclips for more    Details
The operator is also planning to expand the capacity of an existing onshore gas processing plant.
 8The major facilities envisaged at the onshore terminal for which RFQs are to be released soon are. 
--High-pressure Pig Receiver & Launcher

--Multi pipe Slug Catcher

--Gas System (which includes Gas Compression, Gas Dehydration, DPD and Metering)

--MEG regeneration, Refrigeration system and Produced Water handling facilities

--Utility Systems such as Cooling Water, Fuel Gas, Plant and Instrument Air System,

--Circulating hot oil system, Diesel engine and Gas turbine generator

--Flare & Closed Drain System

--Open Drain System (Oily water sewer, Storm water sewer and Contaminated rain water sewer)

--Chemical Injection System
--Fire Water system

Click on Details for more

Details
The operator is actively involved in preparing a gas pipeline landfall point.
Currently, trenching work is on progress.
Equipment required at the landfall point as of now are:
8Land-fall tanks,
8Turning Motors installation,
8Corrugated tanks,
8Pipeline Manifold,
8Among others, crossing platform, safety equipments, transport equipments, lifting equipments, lightening equipments, valves and some general consumables would be also be required at the site.
8Moreover, area includes sandy slop lands which need to be levelled.
8The procurement for some of the above equipments has been done but more RFQs are still coming up
 Click on Details for more. Details
A new exploratory well is coming up as part of the 4-well offshore drilling programme
8he tenders for the following mentioned services and equipments are expected to be released by March 2017:
-- Production casing, 
-- Production tubing
-- Packers
-- Perforation 
-- Sub-sea tree
Click on Details for more Details
The exploratory drilling of the 2 offshore wells in the area has been put on hold as the pressure in the lower zone is turning out to be much higher than expected.
8Further drilling, according to sources, will require High Pressure Blow Out Preventer and Bigger Size Head spool which is not available at the location.
8The next tender by the contractor for the High Pressure Blow Out Preventer and Bigger Size Head spool is expected by next week.
Click on Details for more Details
An existing refinery is planning for a maintenance shutdown of the FCCU units soon.
 8List of equipment that will possibly be needed includes:            

-- fractionators

-- condensors

-- reflux drum

-- air fin cooler tube

-- pumps

-- plates

-- heater

-- nozzle

-- vessels

-- columns cyclones

-- air blower

-- wet gas compressors

-- relief valves

-- boiler

-- electrostatic precipitators

Details
No additional land will be needed
8PFR has been already done.
8Total Cost will be Rs. 1,100 crore
Click on Details for more Details
This is a planned shut down.
8It will be 40 days shutdown.
8Equipment Required :
-- Heaters
-- Heat Exchanger & AFC
-- Steam Genertors
-- Vessels
-- Ejectors
-- Cooling Water System
-- Rupture disc/ Relief valve
Click on Details for more Details
EC has been granted for the expansion
8The expansion is for 0.40 MMTPA
Click on Details for more Details
A Natural gas pipeline project is proposed.
8The length of the pipeline is around 1746 km.
8The initial capacity of the project is expected to be around 55 MMSCMD.
8The Project Management Consultant has been appointed
8The due-date of the bidding process for laying of pipeline on EPC Basis has been extended from January to February,m2017.
8The award of contract is expected in March-April,2017.
8The Construction Phase of the project is expected to start in June-July, 2017.
Click on more for Details. Details
A Port Trust has proposed the development of the outer harbor.
8The TOR for the proposal is expected to be granted in July, 2017.
8The phase-I of the development will cost around Rs 4,000 crore.
8The consultancy services for taking up the feasibility study has already been granted.
8The Implementation of phase-I is expected to take 4 years.
8The commissioning of Phase-I of the port development is expected in the year 2021. 
Click on more for Details. Details
A Port Trust is developing a mega container terminal.
8The project is being taken up in phases.
8Phase-I dredging activity is expected to completed in July-August, 2017.
8Reclamation works are expected to completed by Q-4, 2017.
8The contract for the development has been given on BOT Basis.
Click on more for Details. Details
A Port Trust has proposed setting up of mini bulk carriers handling facility for which the EC is expected to be granted soon.
8The contract has been awarded to Bothra Group.
8The Construction phase is expected to begin in Q-2,2017.
Click on more for Details. Details
For reference purposes the website carries here the following tenders:
8Supply Installation & Commissioning of Instrumentation Test & Calibration Bench Details
8Invitation to bid for Terminal Automation System at Desur and Kondapalli Details
8Supply of Pressure Transmitters to Paradip Refinery Details
8Supply of Ammonium Polysulphide at refinery Details
8Repair and Maintenance of Refractory works during shutdown in RFCCU unit of refinery Details
8Procurement of Mechanical Seal Spares in fuel sector as per technical specification at refinery Details
8Supply & Installation of Hydraulic Dock Leveler at Lube Blending Plant Details
8Hiring of Land Drilling Rig of 900-1000 HP Capacity on Call Out Basis Details
8Environmental impact assessment (EIA) study and risk assessment (RA) study for upcoming project Details
8Supply of Diaphragm for Breech Lock Exchangers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:  
8India state firm fusion plan in the oil sector is a risky marriage of convenience Details
8JSW looking to invest in LNG terminal Details
8Specialised NDRF-like agency required to handle oil spills, say experts Details 
8Iran extends oil and gas tender deadline, urges Britain's BP to bid Details
8Govt plans strategic sale of 3 PSUs, merger of 4 Details
8‘LNG duty cut to slash fertiliser subsidy outgo’ Details
8Arunachal DyCM urges OIL to resume oil operations in state Details
8China imposes administrative penalties on seven 'new energy' vehicle makers Details 
8Tamil Nadu oil spill ships seized, FIR filed Details
8Govt probe to nail guilty behind Chennai oil spill: Nitin Gadkari Details
8US utilities seek sun as Donald Trump sides with coal, fossil fuels Details 
8Tanzania hikes fuel prices due to weaker currency, crude oil costs Details
8Indian Oil microbes to give Ennore Port oil sludge eco-friendly burial Details
8Merger drill hits oil hunt Details
8South India to benefit from LNG movement through roadways Details
8Merged PSU energy giant to have global edge: B Ashok, IOC Chairman Details 
8Spot crude buying time cut to two hours Details
8Halving of import tax on LNG to save Rs 900 crore for consuming industries Details
You can also click on Newsclips for more    Details
Bids are being invited for a petroleum and petroleum product pipeline from Kandla to Gorakhpur
8There are associated feeder lines associated, from Pipavav to Ahmedabad and Dahej to Koyali along with branch lines
Click on Reports for more Details
For reference purposes, the website carries here here the following details on the CGD industry as on November, 2016:
8State-wise PNG connections
8State-wise CNG stations
Click on our Database for more Details
There is now speculation in the market over whether KLG LNG will now convert the non-binding LNG offtake deal with Magnolia LNG project in the US.
8KLNG LNG is an Indian LNG project and it is a joint venture between VGS Group, Cavallo Energy and Exmar. Cavallo Energy is backed by Calpine, the largest generator of electricity from natural gas and geothermal sources in the US.
8Calpine has a $4bn market cap and is listed on the NYSE. Exmar is a Euro 440m market cap, Belgium-based shipping group.
8Critically, the future of the Magnolia LNG project seems to depends on this deal
Click on Reports for more Details
The fine print surrounding Budget 2017 and its impact on the oil & gas sector is being analyzed in a document carried in our Reports section.
8Caution has been argued in creating an oil behemoth
8It does make sense to integrate the downstream oil companies, it is argued.
8The impact of direct and indirect taxes on the sector is also analyzed in detail
Click on Reports for more Details
An E&P major is planning for the construction of additional ETP for the proper disposal of the wastes generated from the drilling sites. 
8Public hearing for the project is not required as the clearance for the land has already been taken.
8The estimated cost of the project is around Rs.14 crore.
8The RFQs will be released by March 2017
8The RFQs for the supply of piping and electrical items will be released by March 2017.
8The RFQs for Instrumentation and spares will be released by April 2017.
8The RFQs for the construction works will be released shortly.
Click on Details for more.  Details
A new ethylene recovery unit and a mono ethylene glycol unit is coming up in a refinery.
8PFR will be submitted in March, 2017
8EC is likely to be granted in July, 2017
8RFQs will be floated beginning May, 2017
Click on Details for more Details
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