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All the news items since the launch of our web site are preserved in the archive section. The archive entries are freely accessible to all the users.


May 2018

8Near term growth is on an upcycle, but beyond 2019 as global growth tapers, the strength of the domestic recovery will come under test. Click on Report  for more.
8The website carries here a full update of the oil & gas sector, including production, imports, consumption, pricing and taxation in 2017-18. Click on Report  for more.
8Great Eastern Shipping has posted a loss in 2017-18, taking a deferred tax liability as also a big impairment charge on its offshore E&P fleet. But the future stays bright. Click on Report  for more.
8Will the Gujarat PNG subsidy scheme provide the must needed boost to the CGD industry if other states adopt the scheme? Click on Report  for more.
8Get all the news, analyses and update on Vendata, now that its results are out. Click on Report for more.
8A global leader in biological wastewater & gas treatment has set up a manufacturing unit in India. Find out more on what it is offering click on Report.
8Is Bangladesh doing better than India in the power sector. What are its future plans in this segment. A range of Indian companies is eying the sector, including LNG suppliers willing to set up facilities in Bangladesh but also use Indian bases to supply to the country. Click on Report  for more.
8The base oil and additives industry seems to be facing headwinds again. Volume growth remains a concern from now on. Find out more click on Report. Details
Will solar power replace LPG in larger kitchens
8A new set of indigenously developed solar power technology is coming in that can replace LPG
8LPG consumption can be reduced by as much as 50%
8What is more, electric induction cooking can turn out to be cheaper than PNG
Click on Reports for more Details
Auto LPG has a direct impact of reducing air pollution
8The point to note is that despite the proliferation of CNG, auto LPG today runs the largest configuration of vehicles worldwide on alternative fuels
895% of the taxis in South Korea run on auto LPG
8Auto LPG is now increasingly used with electric cars
8Auto manufacturers are switching to direct injection engines
8Will use of auto LPG in India go up over time?
Click on Reports  to find out more   Details
Regardless of how auto LPG fares as a fuel in India, the private LPG sector is growing extremely rapidly
8Key private players are expanding at a breakneck pace
8Storage, packaging and distribution are the growth areas
Click on Reports  to know more Details
Spot prices have come down from beyond $10/mmbtu in December, 2017 to below $9/mmbtu in March, 2018.
8But the market is getting fuzzier as we go ahead
8There are competing fuels trying to keep LNG use from proliferating. Competing gas sources are an important determinant too.
8Demand in some countries is turning out to be extremely price sensitive
8Will the emerging supply-demand gap close sooner or later in the light of the uncertainties ahead?
Click on Reports  to know more   Details
The Mozambique LNG project, in which the Indian trip of ONGC, OIL and BPCL are heavily invested, seems to be making progress
8Promoters continue to speak of scaling it up to 50 MMTPA at some point in time even as they finalize plans to kick start two trains for now
8What is the latest activity in the project?
Click on Reports  for more Details
Bio gas-based power engines are trying to make inroads into India
8The power range can vary from as small as 0.12 – 9.5 MW
8The source can be a wide range of organic substances
Click on Reports  to know more Details
Coal fired power engines are getting more efficient as they fight a battle of survival in an age where coal is no longer a preferred fuel
8Ultra super thermal power stations with as many as 10,000 sensors are now finding their way into the market
8The start-up times are being dramatically reduced so that they can compete with gas fired engines to take on fluctuating demand resulting from the use of renewable power
8Find out more on the new generation of coal-fired turbine and generators that are trying to capture the market
Click on Reports  for more Details
Business opportunities for R&M works in a thermal power station
8
 R&M works coming ahead in a 1500 MW thermal power station.
Business opportunities for major solar power developers
8A state based renewable sector company is planning to establish a solar park having a capacity of 700MW .
8RFS bid is expected to take place by Q3 2018.
8The owner shall come out with technical and financial bids after the RfS bid.
Click on details for more information about the job requirements along with the key contact details. Details
8Project Name: Another Greenfield LPG Bottling Plant Project
8Project Cost: Rs 150 crore
8Project Description: Owner has hired a PMC contractor to install an LPG Bottling Plant with a capacity of 120000 MTPA.
8Project Event: RFQ for the major equipment is expected by July 2018.
8Expenditure Approval: Feb/2017
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Q3/2018
8Completion Date: Q3/2020
Click here for more details
Details
8Project Name: Greenfield LPG Pipeline Project
8Project Cost: Rs 500 crore
8Project Description: Owner is planning a LPG pipeline. Total length over 500 km. RFQ for Route Survey is already out. 
8Project Event: RFQ for PMC Contractor is expected by September 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q4/2018
8Completion Date: Q3/2021
Click here for more details for key contacts
Details
8Project Name: Greenfield LPG Bottling plant
8Project Cost: Rs 150 crore
8Project Description: Owner has a PMC contractor to install an LPG bottling plant with a capacity of 1050 MTPA by installing 3 X 350 MT mounded storage vessels for storage and 120 TMTPA bottling capacity.
8Project Event: RFQ for the equipment is expected by July 2018.
8Expenditure Approval: Q1/2017
8RFQ Date: Jul/2018
8Release Date: Sep/2018
8Start Date: Q3/2018
8Completion Date: Q3/2020
Click here for more details for key contacts
Details
8Project Name: Greenfield Product Pipeline
8Project Cost: Rs 3000 crore
8Project Description: Owner is planning to construct a product pipeline. A slight delay has occurred in the selection of PMC contractor due to the local protest for the land acquisition.
8Project Event: RFQ for Project Management Consultant is expected by July instead of May 2018.
8Expenditure Approval: Sep/2015
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q3/2018
8Completion Date: Q3/2021
Click here for more details spatial mapping of the pipeline, design capacity and key owner contacts
Details
8Project Name: POL Terminal Expansion Project
8Project Cost: Rs 100 crore
8Project Description: Owner is planning to expand its Petroleum, Oils and Lubricants terminal.
8Project Event: RFQ for a PMC contractor is expected by August 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Aug/2018
8Release Date: Sep/2018
8Start Date: Q4/2018
8Completion Date: Q4/2020
Click here for more details on project configuration and key contacts
Details
For reference purposes the website carries here the following tenders:
8Procurement of Antioxidant AO6 and AO9 Details
8Installation and Commissioning of Hydrocarbon Gas Detection system Details
8Procurement of Hydraulic tube pulling machine of heat exchanger tubes Details
8Miscellaneous insulation related works for reliablity improvement and energy conservation in refinery Details
8Instrumentation ARC for FCCU, VBU Shutdown Jobs at refinery Details
8Transportation of Pressure Vessels Details
8Annual Rate Contract for Mainline Maintenance under Chittorgarh jurisdiction Details
8Rate contract for Cold and Hot jobs in Sulphur block at refinery Details
8Operation and Maintenance of Single Point Mooring System Details
8Transportation of Packed LPG Details
8Gas Chromatographic Analyzer for Benzene, Oxygenates and Aromatics with accessories Details
8Hiring of Services of Maintenance Management for SRP Systems Details
8Supply & Installation of Gas Metering Systems Details
8Hiring of Services for HF/ Acid/ CTU/ N2 jobs in 03 HPHT wells of NELP Block KG-OSN-2001/3 Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8How India is countering China via energy pacts with neighbours Details
8Oil-rich Nigeria turns to renewable energy as population booms Details
8Global energy agency praises India’s electrification and clean fuel drive Details
8ONGC floats first tender to sell Brazil's ostra crude Details
8Statoil targets deeper emission cuts to avoid stranded assets Details
8Sri Lanka approves $500 mln LNG plant near Chinese-controlled port Details
8Cheniere to decide on Corpus Christi 3 LNG export terminal in weeks Details

8Arbitration hearings begin in Cairn India's challenge to Rs 20,500 crore tax demand Details
8Govt may have to cut excise duty as price freeze hits oil firms' margins Details
8Can GST council solve rate hike issue?; diesel price unchange for 13th day, check rates here Details
8Earnings, crude oil, rupee to drive stock market this week Details
8HPCL begin home-delivery of diesel Details
8
Airplane and oil deals at risk in Trump pullout of Iran deal Details
8Oil hits highest since Nov. 2014 as Iran tensions mount Details
880 lakh households in Odisha to be provided gas connections by Dec-end: Pradhan Details
8Glencore cancels proposed sale of stake in Russian oil company Rosneft Details
8ADB projects India’s GDP growth will rise to 7.3 per cent in 2018 Details
8Qatar steps in to rescue Rosneft's troubled stake sale to China Details
8Transport Ministry nod for 100% bio-ethanol vehicles by Bajaj, TVS Details
8Welspun Corp to fully retire debt by March next year Details
8Favourable taxation structure pre-requisite to launch EVs in India: Mercedes Details
8Qatar Petroleum says will list 49 pct of its shares in aluminium plant Details
8NITI Aayog sees methanol as a more viable alternative fuel Details
8Much optimism on gas demand; consumption to zoom in the near term Details
8Petrol price sees no change for 13th day in row; Oil Minister appeals GST council, here's why Details
8Don’t repeat past policy mistakes for oil Details
You can also click on Newsclips for more
Details
8Project Name:  Crude Oil Storage Tank
8Project Cost: Rs 50 crore.
8Project Description: An E&P owner is planning construction of crude oil storage tank in its onland asset. The project involves the construction of a 2000 metre cube crude oil storage tank to store crude oil. The storage tank will, in turn, be connected with the nearby GGS through an existing pipeline network.
8Project Event: RFQs for hiring an EPC contractor is expected by mid-May 2018.
8Expenditure Approval: Q1/2018.
8RFQ Date: May/2018.
8Release Date: Jul/2018.
8Date: Q4/2018.
8Completion Date: Q4/2019.
Click here for more details for key contacts and other project parameters
Details
8Project Name:  Drilling Field Development
8Project Cost: Rs 700 crore
8Project Description: The owner's RFQs for an Early Production System and laying of Infield Pipelines is expected soon. The project involves development drilling of 40 wells, construction of 10 Early Production System and laying of Infield Pipelines. Currently, the owner is going through the EIA consultant hiring process.
8Project Event: RFQs for hiring an EPC Contractor and other Oilfield services is expected by June 2018.
RFQs for hiring rig services is expected by August 2018.
8Expenditure Approval: Q1/2018
8RFQ Date: Jun/2018
8Release Date: Aug/2018
8Start Date: May/2019
8Completion Date: Dec/2021
Click here for more information for project configurations
Details
8Project Name: Oil Field Development
8Project Cost: Rs 400 crore
8Project Description: The owner is is planning to drill 05onland  exploratory wells. These wells have been finalized after detailed in-house interpretation of 3D-seismic data, inputs from nearby wells and other G&G data using latest interpretation software as a part of the ongoing exploration programme to accrete more hydrocarbon reserves. The targeted depth of the wells shall be up to 4900m. ONGC owned electrical type rigs are proposed to be deployed for undertaking drilling in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services and Drilling fluid services. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of equipment and oilfield chemicals is expected by Q3/2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
Click here for more details for key contacts
Details
An E&P company is planning to have a partner to revive its ageing fields.
8A series of big plans have been drawn up
8Kick-in is expected to come up in 2019
Click on Details for more Details
Drilling Contract by Q3 2018.
8A PMC contract has been signed but it seems not to be in agreement with the Indian rig owner that the PMC contractor has a tie-up with
8FDP is to be submitted for two blocks soon
Click on Details to know more Details
8Project Name: Pipeline Expansion Project
8Project Cost: Rs 400 crore
8Project Description: The owner has selected an EPCM contractor to expand its product pipeline. They are also planning to install a new pumping station which will be constructed with separate booster pumps for POL & LPG along with mainline pumps. There will also be a new intermediate pumping station which will be constructed along with a separate mainline pump for the expansion.
8Project Event: RFQ for main-line pipes is expected by last week of May 2018.
RFQ for the trenching and laying work is expected by August 2018.
8Expenditure Approval: Q2/2016
8RFQ Date: May/2018
8Release Date: Jun/2018
8Start Date: Q1/2017
8Completion Date: Apr/2019
Click here for more details for key contacts, spatial maps, and pipeline configurations
Details
8Stricter environmental safeguards may see another 1.50 mmscmd of additional gas demand emerging in the Bharuch-Ankleshwar-Surat-Vapi region as FO is sought to be replaced with gas. Click on Report  for more.
8There is a change in quality of gas (particularly in the C2+ fraction) being supplied by OIL to its clients. This is forcing the company to reduce its supplies to its LPG unit while maintaining commitments to the Assam Gas Cracker unit. OIL claims that the gas deal with Brahmaputra Crackers is unfair and has sought a reopening of the terms of the GSA. Click on Report  for more.
8A transnational oil company has set up an Indian joint venture that will provide an innovative fund management platform for low carbon infrastructure projects in India. Click on Report  for more.
8A quantitative analysis shows that ONGC's share price is fully valued as of now click on Report  for more. Details
Coal-based Ammonia-Urea & Captive Power Plant Greenfield Project 
8Cost - Rs 6500 Crore
8Project Event
The pre-feasibility study is ongoing, RFQ for LSTK contractor is likely to be released in August 2018.
Click here for more information
SSP Expansion Project    
8Cost - Rs 15 Crore
8Project Event: The proposal for a term of reference has been granted by State Environment Impact Assessment Authority and RFQ for a contractor is likely to be released in June 2018.
Click here for more information
Details
At an average landed price of $7.73/mmbtu, India pays the highest price for LNG in the world
8Find out what others pay
8Why do we pay so much when the bulk of India's LNG comes from the nearest and cheapest source.
8Also find out why despite higher prices, LNG imports are continuing to grow in India.
Click on Reports  for more Details
Future mobility will be cheap, door to door, personalised and ‘on demand’.
8The boundaries between private, shared, and public transport will be blurred, possibly eliminated, and recast.
8Transport options will be multi-modal, connected, autonomous and electric with service providers delivering the entire travel experience. While some people will still have private vehicles, the majority could well opt for the far more economic option of a combination of shared and public transport.
8But another scenario can emerge where in the absence of considered policy direction, future mobility may also exacerbate existing social and environmental impacts.
8Without widespread adoption of shared mobility, a transport system dominated by private autonomous travel could increase journeys and vehicles on the road. Lower costs and increased flexibility may result in increased demand and willingness to travel longer distances. Private AVs could replace public transport routes, increasing mobility inequality for those unable to afford such a vehicle.
8Some commentators see the ensuing disruption as destroying trillions of dollars of investor value across the transportation and energy industries, but also creating trillions of dollars in new business opportunities, consumer surplus and GDP growth.
8Business needs to critically evaluate how these opportunities are relevant.
Click on Reports  for more Details
State sponsored PNG drives are now in vogue
8And this can boost business for CGD players dramatically
8The state governments will subsidize the first time installation charges while the security deposit is to be collected in easy installments
8The problem will be in collecting the subsidy from the government. Delays are expected and this will impact working capital flows
Click on Reports  for more Details
India falls by three spots, reversing its two-year streak of rising in the rankings in attracting Foreign Direct Investment.
8India was pushed out of the top 10 destination
8India's rank fell from the top 10 for the first time since 2015.
8What are the factors that attract FDI into a country and why did India's ranking fall?
Click on Reports for more Details
8Project Name: Greenfield 2G Bio-Ethanol refinery
8Project Cost: Rs 650 crore
8Project Description: Owner is planning to construct an ethanol plant based on the DBT-ICT 2G Ethanol technology developed indigenously to produce 60KL fuel-grade ethanol per day, primarily from biomass.
8Project Event: RFQ for PFR consultant is expected by June 2018.
 RFQ for the FEED work is expected by July 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: Q4/2018
8Completion Date: Q4/2021
Click here for more details

8Business Opportunity For The Equipment Suppliers
8The owner is planning to float RFQs for mechanical equipment like vertical submersible centrifugal pump along with energy efficient motor, flange and standard size nozzle for a DHDT unit
Click on Details for key contacts
Details
8Project Name: Product Pipeline Project
8Project Cost: Rs 500 crore
8Project Description: The owner is planning to expand petroleum product pipeline. The Approximate length of the pipeline is 550 Km.
8Project Event: RFQ for the PFR consultant is expected by September 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1/2019
8Completion Date: Q4/2021
Click here for more details
Details
8Project Name: Greenfield Petro-Resid Fludizied Catalytic Cracker Unit
8Project Description: The owner is planning to install a new Petro-Resid Fluidized Catalytic Cracker Unit. Preliminary Project Feasibility study has been carried out by M/s Flour and M/s Bechtel Engineering And Construction India Pvt Ltd (BECI). The potential licensors for Petro-Resid Fluidized Catalytic Cracker (PRFCC) are AXENS, CB&I, UOP, and KBR. Terms of reference are expected by July 2018. 
8Project Event: RFQ for EPCM contractor is expected by September 2018.
8Expenditure Approval: Q3/2017
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q1/2019
8Completion Date: Q4/2022
Click here for more details
Details
For reference purposes the website carries here the following tenders:
8Corrigendum: Procurement of Warning Signage’s for City Gas Distribution Project Details
8Supply of Transformers Details
8Overhauling of Boiler at TPS and Major and IBR Inspection and at DHDS area during shutdown at refinery Details
8Supply of Globe Valves at HMRB Pipelines Details
8Procurement of Flow Control Valves Details
8Procurement of Spares for Turbine Flow Meters Details
8Civil and RCC Structural Jobs for extension of Existing Electrical Testing Building at refinery Details
8Procurement of Hydraulic Tube Puller Machine with all accessories Details
8Services for Mechanized cleaning of tanks and sludge processing in refinery Details
8Supply of BOP Control Unit with Remote Control Panels and other accessories Details
8Supply, Installation and Commissioning of Car Dispenser along with AMC Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8Global green bonds issuance dropped 11.5 per cent in Jan-Mar 2018 Details
8China's Sinopec plans to cut Saudi crude oil volumes for 2nd mth in June Details
8ONGC shortlists Schlumberger, Halliburton, Baker for boosting output at 2 oilfields Details
8OPINION: Saudi Arabia wants higher prices to kick oil addiction Details
8Global crude oil prices inch up on possible Iran sanction worries Details
8Vedanta Q4 PAT grows 34% to Rs 5,675 crore Details
8India’s refining capacity rose 5.8 per cent last fiscal on Jamnagar and Kochi expansion Details

8Pollution alert in Delhi after Haryana, Punjab crop burning Details
8Russia's compliance with OPEC+ deal at 95 pct in April -Novak Details
8Colombia's Ecopetrol profit rises nearly 200 pct in first quarter Details
8Indian Oil lays down its energy plans for the Amravati capital region Details
8Union minister distributes gas connections to BPL families in Amritsar Details
8
India energises diplomacy in neigbourhood Details
8INTERVIEW-Green Climate Fund may ask donors for a refill in 2019 Details
8India’s crude oil production fell for the sixth straight year in 2017-2018 Details
8CNG rush to contain air pollution level Details
8Clean Cooking Energy: Powering the kitchen with electricity Details
8GLOBAL LNG-Prices firm as fundamentals tighten, amid support from oil, coal Details
8Indian Oil Corporation to provide green fuel for Amaravati Details
8
Gandhar Oil Refinery centralises its MIS reporting and operations using the ORION ERP Suite Details
8Mark-Ups of State-Run Oil Retailers all amid price freeze Details
8Toyota bets on mass-market hybrid cars in India: Why no Yaris diesel and partnership with Suzuki explained Details
You can also click on Newsclips for more
Details
8Project Name: Offshore Development Project
8Project Cost: Rs 3407 crore
8Project Description: Owner is embarking on a 4-well development drilling project.
8Project Event: RFQs for hiring vessels for offshore services is expected by August 2018.
8Expenditure Approval: Q2/2013.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Date: Q4/2018.
8Completion Date: Q4/2021.
Click here for more details
Details
8Project Name:  Oil Field Development
8Project Cost: Rs 150 crore
8Project Description: An integrated EOI for overall services for an NELP IX round oil field failed to receive adequate response. The company is expected break up the overall EOI into specific project related RFQs. The project involves development drilling of 4 oil wells, development of 4 existing wells and laying of an infield pipeline to connect with the nearest production facility (GGS). Production from the block is expected to start by the end of 2019. Moreover, manpower requirement is also expected shortly. Further RFQs are expected shortly.
8Project Event: RFQ for hiring PMC consultant is expected by July instead of May 2018.
RFQs for manpower services are expected by November 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
Click here for more information
Details
8Project Name: Oil Field Development
8Project Cost: Rs 350 crore
8Project Description: The Promoter is planning to drill 07 exploratory drilling. These wells have been planned to explore a number of newly identified prospective structures in the sub-surface. Detailed geological and geophysical studies, mostly 2D-seismic mapping have been carried out to finalize these locations. The targeted depth of the wells shall be up to 4600m. The requirement for the project will be drill bits, drill pipes, casing pipes, blow out preventer, cementing services, drilling fluid services and other oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of oilfield services is expected by Q3:2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: May/2020
8Completion Date: Dec/2021
Click here for more details
Details
The block was awarded under NELP VI round.
8Project scoping is going on at this moment
8RFQs for seismic survey is expected by Q3 2018.
Click on Details for more
   Details
Seismic Survey Programme currently put on hold due to environmental issues
8The promoter is planning to use eco-friendly explosives for blasting under the earth
8An EOI is expected to come out by Q1:2019
Click on Details for more Details
8Project Name: Greenfield Hydroelectric Project
8Project Cost: 2500 crores
8Project Description: Promoter is planning a 210 MW greenfield hydroelectric plant. Owner will come out with a bid for pre-construction activities (diamond core drilling and exploratory drifting works) subsequently. Moreover, package wise bids are expected in the project.
8Project Event: RFQs for pre-construction activities (drilling and drifting works) are expected in June 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: Jun/2018
8Release Date: Jun/2018
8Start Date: 2020
8Completion Date: 2025
Click here for more information
8Project Name: Thermal Power Station - FGD Addition
8Project Cost: 400 crores
8Project Description: Owner is carrying out the field assessment for installation of an FGD in a 1500 MW thermal power station in order to comply with environmental norms and conditions. RFQ for supply and installation of FGD is expected shortly.
8Project Event: RFQ for supply of an FGD is expected to be out in the Q3 2018.
8Expenditure Approval: Q2:2017
8RFQ Date: Q3:2018
8Release Date: Q3:2018
8Start Date: Q2:2019
8Completion Date: Q4:2021
Click here for more information
8Project Name: Office buildings and township package in a Thermal Power Plant
8Project Cost: 300 crores
8Project Description: Owner is is expected to come out with bids for civil works involving the office buildings and township package. NIT documents are under preparation.
8Project Event: RFQs of civil works for office building and township package are expected to come out by the first week of May 2018, instead of end of April 2018.
8Expenditure Approval: Q1:2018
8RFQ Date: 4/May/2018
8Release Date: 7/May/2018
8Start Date: Q3:2018
8Completion Date: Q1:2019
Click here for more information Details
Round-1 of the OALP bid round doesn't seem to be much of a success if one goes by the number of companies bidding
8Only a handful of companies has participated, most of them government-owned.
8No foreign company has put in a bid
8The RIL-BP combine has stayed away.
8The show is made up of public sector companies and Vedanta, the latter perhaps thinking it can replicate the success of the Barmer field elsewhere in the country.
Comment: It is not the government's failure that players have not been attracted. The problem is that in an increasingly uncertain world when the oil & gas industry is under severe transition, there are not many risk takers for exploratory rounds in hydrocarbon poor basins today. Even the best global prospects are going unwanted. OALP has been finely fashioned but the timing is all wrong.
Click on Reports  for the full list of bidders Details
A lot of things can go haywire if oil prices remain high
8The macro economics will turn sour and some of the economic consolidation of the last few years can come undone.
8Meanwhile, earnings of upstream companies are highly sensitive to crude price assumptions.
8The website carries here an EPS sensitivity to Dated Brent crude price for 2018-19
Click on Reports for more Details
The term “demand destruction” is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.
8There is also some preliminary evidence that India’s appetite for crude oil is leveling off, with imports trending lower so far this year.
8While there may be some seasonal slowing in India’s crude demand, it’s worth noting that April this year appears to be weaker
Click on Reports  for more Details
Over the last few weeks there has been a lot of hype about the new Chinese crude oil futures contract launched by the Shanghai International Energy Exchange.
8Many experts have heralded this as a world-changing event, with headlines predicting a shift in the global financial system that could threaten US dollar hegemony.
8Shifting just part of the global oil trade to yuan, they argue, would improve the liquidity of the yuan in the global market and promote its use in global trade (one of the country’s key long-term goals).
8Further, they argue that expanding futures trading to include other commodities would require central banks and government treasuries around the world to reduce their dollar holdings and build their store of Chinese yuan. At present, the yuan only represents around 1 per cent of the global reserve currency, while the dollar accounts for 63 per cent,  according to International Monetary Fund estimates.
8Finally, it would also reduce China’s dollar holdings, and the corresponding need to ‘round trip’ them back into the US in the form of treasury purchases.
8These three points, they argue, could create the conditions for the yuan to challenge the dollar, by increasing the role of the yuan as a global trading currency and reducing the dollar’s importance.
Click on Reports  for more on how the intricacies will work. Details
Indian are prolific report writers.
8But a lot of these reports lack quality and depth
8An analysis is carried here for the most globally cited top research papers on the oil & gas industry by Indian authors.
8A detailed ranking of authors is carried here.
8What has also been brought forward is that Indian authors figure poorly in a global index, pointing to the need to enhance the quality of reprots
Click on Reports for more Details
Find out more on a very exhaustive benchmarking exercise being undertaken globally for the world to attain its Sustainable Development Goals
8Early estimates show that achieving the SDGs requires US$5-7 trillion in annual spending.
8The idea seems to be evolve benchmarking tools for such investments to be channelized most efficiently
8The benchmarks will cover energy efficiency commitments by companies, incorporating circular economy models into their supply chains and sourcing practices, tying executive compensation to sustainability performance, and doubling down on investments that will yield positive social returns for the communities in which they operate.
8Extensive league tables and benchmarks which are to be evolved will then be made public
Click on Reports to find out more Details
The Federation of Indian Petroleum Industry has come out with with a policy report which leaves much to be desired in terms of depth and content.
8Styled along the lines of the American Petroleum Institute, the Indian outfit has a long way to go before it can develop the necessary clout and reputation of its US counterpart.
8Companies find it convenient to lobby individually with the government rather than to do it collectively through an industry body.
8What is more, the number of players is limited, and each have their own independent agendas.
8There is also significant conflict of interest among companies that work against building an effective collective lobbying group.
8Under funding is always is a major issue with such industry lobbies in India, thereby not allowing them to build the capabilities needed to conduct in-depth research and analysis needed to build heft in this technology heavy industry.
Click on Reports for more Details
8Find out how robotics is changing the E&P industry like never before. Click on Details for more
8Find out more on how one government-sponsored skill development institute has been able to turn out workers well suited for the requirements of the oil & gas sector. Click on Report for more.
8A international biogas alliance is planning a series of training programmes in India. Know more click on Report.
8Two orders for laying of pipeline & associated works totaling Rs.581 Crores from IOCL and GAIL have been awarded. Find out more click on Report. Details
Ammonia-Urea Brownfield Project  
8Cost - Rs 4933 Crore
8Project Event: Discussion process is going on, Cabinet approval is pending and it is likely to be granted in July 2018. RFQ for LSTK contractor is likely to be released in September 2018.
Click here for more information
Ammonia-Urea & Captive Power Plant Expansion Project  
8Cost - Rs 481 Crore
8Project Event: RFQ for LSTK contractor is likely to be released after capital approval which is under process, after which will take a minimum 2 to 3 months.
Click here for more information
Single Super Phosphate Expansion Project
8Cost - Rs 35 Crore
8Project Event: The amendment has submitted for the environmental clearance, tender for Contractor is likely to be released in June 2018.
Click here for more information  Details
For reference purposes the website carries here the following tenders:
8Carrying out Terminal Works for Dobhi Durgapur section of JHBDPL Projects Details
8Corrigendum: Selection of Dredging Contractor at LNG Terminal Details
8Supply of License, Basic Design Engineering Package and other related services for Cumene Unit for Polyol project Details
8Carrying out Business Process Cycle/ SAP/ Information Technology Audits Details
8Consultancy services for surveying and obtaining Petroleum Mining Lease of block CB-ONN-2010/8 Details
8Handling and loading of Raw Petroleum Coke Details
8Supply of Modified Tube Bundles of Breech Lock Exchangers Details
8Online inspection of Flare and Stacks using drones at refinery Details
8Technical advisory services of boiler installed at refinery Details
8Supply of Phased Array Ultrasonic Equipments Details
8Process Modification Jobs in OHCU block at refinery Details
8Extension of Casing at Sonepat-Meerut Pipeline Details
8Supply, Installation and Commissioning of Automatic Carousel Speed Variation Unit at Bottling Plant Details
8Carrying out Marine supervisory POL/ LPG cargo survey works Details
You can also click on Tenders for more 
For reference purposes the website carries here the following Newsclips:
8India, Japan discuss partnership for energy projects in Asia and Africa Details
890% of world's population breathes badly polluted air: WHO Details
8East Africa a bright spot as world crawls towards energy goals Details
8OPINION: Is India's oil addiction undermining its economy once more? Details
8What triggered Abu Dhabi's ADIA's visit to India Details
814 of the world's 20 most polluted cities are in India: WHO Details
8Indonesia picks four winners in 2018 energy tender Details
8Indonesia's president aims new broadside at Pertamina, 'convoluted' energy rules Details

8Asia fuel oil-market firms on tight supply outlook, rising demand Details
8OPINION: Rising oil prices put demand destruction back on the agenda Details
8Nine companies in the race for 55 oil and gas blocks under first OALP auction Details
8ONGC bids for 37 oil blocks, Cairn 55 in 1st OALP round Details
8Cabinet approves formation of technical cadre of PESO Details
8
ONGC to spend Rs 17,615 crore this fiscal on drilling wells Details
8Forte Oil to sell some Nigerian assets, pull out of Ghana Details
8Oil prices fall on rising U.S. crude inventories, record production Details
8Without 2017 data, WHO pollution report doesn’t give clear picture Details
8Vedanta, ONGC bet big in India’s oil and gas auction; Global players steer clear in first round Details
8International Firms skip Bidding for Oil Exploration Auctions Details
8Main reasons behind pollution in Gurugram: Diesel autos, waste burning and over 1,000 building sites Details
8LPG cylinders get a price cut; here is what you will pay now Details
8Oil steady; surprise U.S. crude build seen focused on West Coast Details
8
Plea to stop oil exploration Details
8Here is India’s oil story Details
8Oil gains slightly after Fed sees economy growing at a 'moderate rate' Details
8Crude shock Details
8Hydrocarbon block auction: Vedanta Cairn, ONGC bids help the government spare blushes Details
8In Modi's 4 years, India forgot that crude is the biggest bond vigilante Details
8The future of renewable energy in India Details
8Vedanta, ONGC top bidders in oil block auction shunned by domestic and global pvt majors Details
8Petrol prices in Delhi, Kolkata, Chennai stay at peaks for 9th day; OMCs maintain status quo due to Karnataka polls Details
You can also click on Newsclips for more
Details
Drilling activities are to begin soon for a set of four blocks awarded under DSF Round-1.
8DGH recently reviewed the Field Development Plan for these blocks
8Find out more on these blocks.
8Get to out project monitoring software, where specific business development leads are available on these blocks for E&P equipment and service suppliers
Click on Details for more Details
8Project Name: Oil Field Development
8Project Cost: Rs 1200 crore.
8Project Description: RFQs for rigs and EPC contractor for owner's 100 well development drilling plan have been delayed a bit. The process of hiring an EPC contractor for the Field Gas Gathering Station (FGGS) and and an attached pipeline laying part is expected to begin soon. RFQ for the Rigs, Blow-Out Controller, Xmas Trees, Cementing, Wireline, Drill Collar etc will come out too.
8Project Event: RFQ for an EPC contractor for FGGS and the pipeline network is expected by August instead of May 2018.
RFQ for hiring services for rigs and equipment is expected by September 2018 instead of May 2018.
8Expenditure Approval: Q2/2017.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Date: Q1/2019.
8Completion Date: Q1/2022.
Click here to get to our project monitoring software
Details
8Project Name:  Early Production System
8Project Description: RFQs for hiring an EPC contractor for an Early Production System have been delayed. Currently the tendering for hiring EIA consultant for the project is going on. The project involves the construction of an EPS and laying of a pipeline for crude evacuation. Further RFQs are expected shortly.
The following are the requirements: Production field headers & test headers, Group separator, Gas scrubber, Bath heater, Dispatch pump, Flare System, Orifice meter, Mass flow meter, Tube well, Firefighting system, DG set.
8Project Event: RFQ for the hiring EPC contractor is expected by July 2018 instead of May 2018.
8Expenditure Approval: Q4/2016
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Q4/2018
8Completion Date: Q4/2019
Click here for more information, including project configurations and key contacts
Details
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