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May 2017
Crude oil pipeline project
8RFQs for procuring mainline pipes will be released by September, 2017.
Pipeline augmentation project
8RFQs for equipment will be released by July, 2017.
Please click on Details for key contacts and telephone numbers. Details
8RFQs for procuring mainline pipes will be released by September, 2017.
Pipeline augmentation project
8RFQs for equipment will be released by July, 2017.
Please click on Details for key contacts and telephone numbers. Details
In an uncertain world, energy pundits get the cushion to come up with all kind of theories.
8There is now a new argument that the increase in energy demand in emerging economies (in particular, in India, China and Africa) would prevent the displacement of oil and a subsequent decline in oil prices.
8In the forseeable future, the oil market will be completely transformed as the result of a technological revolution in transportation, the argument goes.
8The displacement of motor vehicles by electric vehicles would take away the special role oil has enjoyed over transportation since World War II. The elasticity of oil demand would increase as it would have to compete with coal, natural gas, nuclear and renewables on the energy market.
8Oil could become the new coal and oil prices could converge to the level of coal and natural gas,
8The paper provides a very credible argument to claim that the price of oil will be at $15/bbl at 2015 prices 20 years from now.Click on Report for more. Details
8There is now a new argument that the increase in energy demand in emerging economies (in particular, in India, China and Africa) would prevent the displacement of oil and a subsequent decline in oil prices.
8In the forseeable future, the oil market will be completely transformed as the result of a technological revolution in transportation, the argument goes.
8The displacement of motor vehicles by electric vehicles would take away the special role oil has enjoyed over transportation since World War II. The elasticity of oil demand would increase as it would have to compete with coal, natural gas, nuclear and renewables on the energy market.
8Oil could become the new coal and oil prices could converge to the level of coal and natural gas,
8The paper provides a very credible argument to claim that the price of oil will be at $15/bbl at 2015 prices 20 years from now.Click on Report for more. Details
The most important aspect of this argument is that demand for oil will fall even when there is an increase in car ownership and higher energy offtake by developing countries.
8It is claimed that the same technological advancements which will allow for a fall in demand for oil in advanced countries will also work for developing countries, Just as new technology – such as mobile phones and smartphones – has been immediately embraced by rich and poor countries, cost effective technological changes such as the use of renewable energy and electric cars will also spread widely everywhere, leading to a decrease in the demand for fossil fuels, including oil.
8It has been seen that historically new cost effective technology is quickly put into work everywhere, and this time around too, it will not be an exception.Click on Report for more. Details
8It is claimed that the same technological advancements which will allow for a fall in demand for oil in advanced countries will also work for developing countries, Just as new technology – such as mobile phones and smartphones – has been immediately embraced by rich and poor countries, cost effective technological changes such as the use of renewable energy and electric cars will also spread widely everywhere, leading to a decrease in the demand for fossil fuels, including oil.
8It has been seen that historically new cost effective technology is quickly put into work everywhere, and this time around too, it will not be an exception.Click on Report for more. Details
Even elatively cheap oil is no guarantee for the continuous use of conventional motor vehicles in emerging markets. Indeed, coal is still available and relatively cheap; yet steam boats and steam trains disappeared completely many decades ago.
8There are those who have expressed concerns about a possible “sailing-ship” effect sustaining the demand for fossil fuels. Just as sailing ships improved and managed to briefly compete in the face of steam power, the fall in oil prices may allow fossil fuels to continue to dominate temporarily.
8Lower oil prices might delay the energy transition mainly by depressing alternative fuel transportation penetration. Electric vehicle (EV) sales have indeed declined slightly with the 2014-2016 fall in oil price.
8But EV producers have cut their costs even faster. The car industry is about to reach a turning point in terms of cost of EVs relative to average income, similar to that of the Ford Model T a century ago.
8With comparable prices of electric and motor vehicles and much lower cost to charge and maintain an electric car compared to a motor vehicle, oil price would have to fall substantially to keep conventionalmotor vehicles economically competitive.
8Moreover, cost is not the only factor determining technological adoptions.
8For instance, coal was cheaper and more easily available than oil throughout the 1920s-1940s, and yet this did not prevent coal’s swift displacement.Click on Report for more. Details
8There are those who have expressed concerns about a possible “sailing-ship” effect sustaining the demand for fossil fuels. Just as sailing ships improved and managed to briefly compete in the face of steam power, the fall in oil prices may allow fossil fuels to continue to dominate temporarily.
8Lower oil prices might delay the energy transition mainly by depressing alternative fuel transportation penetration. Electric vehicle (EV) sales have indeed declined slightly with the 2014-2016 fall in oil price.
8But EV producers have cut their costs even faster. The car industry is about to reach a turning point in terms of cost of EVs relative to average income, similar to that of the Ford Model T a century ago.
8With comparable prices of electric and motor vehicles and much lower cost to charge and maintain an electric car compared to a motor vehicle, oil price would have to fall substantially to keep conventionalmotor vehicles economically competitive.
8Moreover, cost is not the only factor determining technological adoptions.
8For instance, coal was cheaper and more easily available than oil throughout the 1920s-1940s, and yet this did not prevent coal’s swift displacement.Click on Report for more. Details
The problem with renewal power has always been the fact that it is intermittent in nature. Solar power turns off at night and conventional coal or gas fired power must step in the plug the gap
8But the intermittency concerns might also be surmounted in the foreseeable future.
8Lithium-ion battery costs continue to fall, and alternatives to lithium-ion (flow batteries, solid lithium) also look promising.
8McKinsey projects that stationary storage prices will be halved by 2020, at roughly $200/kWh.37
8Combined with demand-response policies, a more interconnected grid, and complementary natural gas plants, this could effectively eliminate the intermittency problem.Click on Report for more. Details
8But the intermittency concerns might also be surmounted in the foreseeable future.
8Lithium-ion battery costs continue to fall, and alternatives to lithium-ion (flow batteries, solid lithium) also look promising.
8McKinsey projects that stationary storage prices will be halved by 2020, at roughly $200/kWh.37
8Combined with demand-response policies, a more interconnected grid, and complementary natural gas plants, this could effectively eliminate the intermittency problem.Click on Report for more. Details
The important point to note is that the transition that will end the primacy of oil is the support that it will elicit from governments around the world.
8Electrical vehicles replacing motor vehicles would meet the conditions to keep global temperature rise below 2°C.
8There is a strong rationale for coordinated government intervention to make this transition in transportation even swifter to combat the effects of climate change.
8And when it comes to oil and gas companies in India, the problem is what is the base price to take to calculate the IRR of their proposed investments.
8The $15/bbl price is projected about 20 years from now, but how will oil or gas prices behave in the interim period? That is the big question.
8It is clearly a tough decision to make, particularly for the RIL-BP combine. 8Should it go by the enthusiasm created by a rise in oil prices in the next few years or should it look at a longer term horizon? Eventually, it will all depend upon what kind of investment payback period it is looking at
8For ONGC, the issue is already settled as the investments, now and in the next few years, are already committed in the KG Basin.
8One big advantage that both ONGC and RIL-BP will have is that the KG basin gas will enjoy a big premium over well head prices of similar discoveries around the world, because the gas price that they will solicit will be pegged to that of the delivered price of LNG in India.Click on Report for more. Details
8Electrical vehicles replacing motor vehicles would meet the conditions to keep global temperature rise below 2°C.
8There is a strong rationale for coordinated government intervention to make this transition in transportation even swifter to combat the effects of climate change.
8And when it comes to oil and gas companies in India, the problem is what is the base price to take to calculate the IRR of their proposed investments.
8The $15/bbl price is projected about 20 years from now, but how will oil or gas prices behave in the interim period? That is the big question.
8It is clearly a tough decision to make, particularly for the RIL-BP combine. 8Should it go by the enthusiasm created by a rise in oil prices in the next few years or should it look at a longer term horizon? Eventually, it will all depend upon what kind of investment payback period it is looking at
8For ONGC, the issue is already settled as the investments, now and in the next few years, are already committed in the KG Basin.
8One big advantage that both ONGC and RIL-BP will have is that the KG basin gas will enjoy a big premium over well head prices of similar discoveries around the world, because the gas price that they will solicit will be pegged to that of the delivered price of LNG in India.Click on Report for more. Details
Increasingly, policy planners will need to look at India’s carbon footprint and how much emission is being attributed to different sources.
8The website carries here full details of emissions category wise in India.
8Emission trends are also denoted.
8Latest data shows that the primary source of emission is coal, which contributed 65% of all CO2 emissions. Petroleum products contributed 31% and natural gas contributed 4% of the total.
Click on Reports for more Details
8The website carries here full details of emissions category wise in India.
8Emission trends are also denoted.
8Latest data shows that the primary source of emission is coal, which contributed 65% of all CO2 emissions. Petroleum products contributed 31% and natural gas contributed 4% of the total.
Click on Reports for more Details
8The website carries here a full brief of India-Russia cooperation over the years and how it is going to be in the future.Click on Report for more.
8Monthly energy review in May, 2017.Click on Report for more.
8Latest oil and gas prices and projected prices over the last one year.Click on Report for more.
8European gas demand is likely fall over time and Russia is ikely to keep a vice like grip on the market. This may limit LNG inroads in Europe.Click on Report for more.
8Proceedings of a Workshop on GST, in which the petroleum minister was present Click on Report for more.
8Led by a urge to curb pollution and recent Supreme Court orders, the fortunes of Indraprastha Gas are slated to improve.Click on Report for more.
8Andhra Pradesh now has a sister state relationship with gas rich Western Australia, find out more
Click on Reports for more on these subjects. Details
8Monthly energy review in May, 2017.Click on Report for more.
8Latest oil and gas prices and projected prices over the last one year.Click on Report for more.
8European gas demand is likely fall over time and Russia is ikely to keep a vice like grip on the market. This may limit LNG inroads in Europe.Click on Report for more.
8Proceedings of a Workshop on GST, in which the petroleum minister was present Click on Report for more.
8Led by a urge to curb pollution and recent Supreme Court orders, the fortunes of Indraprastha Gas are slated to improve.Click on Report for more.
8Andhra Pradesh now has a sister state relationship with gas rich Western Australia, find out more
Click on Reports for more on these subjects. Details
For referene purposes, the website carries here a report on explicit carbon-pricing options and levels that would induce the change in behaviors—particularly in those driving the investments in infrastructure, technology, and equipment—needed to deliver on the temperatureobjective of the Paris Agreement.
8The explicit carbon-price level consistent with achieving the Paris temperature target is at least US$40–80/tCO2 by 2020 and US$50–100/tCO2 by 2030, provided a supportive policy environment is in place, the report concludes.
8This is something that Indian oil companies may have to take into account while calculating their IRRs.Click on Report for more. Details
8The explicit carbon-price level consistent with achieving the Paris temperature target is at least US$40–80/tCO2 by 2020 and US$50–100/tCO2 by 2030, provided a supportive policy environment is in place, the report concludes.
8This is something that Indian oil companies may have to take into account while calculating their IRRs.Click on Report for more. Details
The last three years has been a golden period for public sector oil marketing companies (OMCs).
8The fall in crude prices led to a complete change in the fortunes of the sector, driven by:
-- Strong global GRMs (robust demand, lower product prices, delay in new refineries)
-- Petrochemical margins are above their 5-year average
-- Higher profits in marketing, owing to strong volumes and margins
-- Low oil subsidy, as interest cost fell 50-60% in the last three years
-- Inventory gains.
8These have led OMCs to report the highest-ever EBITDA and PAT in FY17.
8The OMCs’ story is intact till crude is below the USD 65/bbl but not beyond that
Click on Reports for more. Details
8The fall in crude prices led to a complete change in the fortunes of the sector, driven by:
-- Strong global GRMs (robust demand, lower product prices, delay in new refineries)
-- Petrochemical margins are above their 5-year average
-- Higher profits in marketing, owing to strong volumes and margins
-- Low oil subsidy, as interest cost fell 50-60% in the last three years
-- Inventory gains.
8These have led OMCs to report the highest-ever EBITDA and PAT in FY17.
8The OMCs’ story is intact till crude is below the USD 65/bbl but not beyond that
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Supply of Pipes for Piggable line in refinery Details
8Civil works at drill site "DGDH" in Demualgaon area Details
8Expression Of Interest for provision of Crude Oil Tanks at Rajasthan, Gujarat and Andhra Pradesh Details
8Excavation for Health Assessment of Underground Pipelines at FOB and LOB units at refinery Details
8Supply of welded mild steel bare line pipes of various diameters Details
8Supply, Installation and Commissioning of Gas Detection Systems in Jorhat Asset Details
8Procurement of EOT Crane for Drilling Services Details
8Procurement of full Opening Safety Valve and Kelly Cock for Ankleshwar Asset Details
8Supply of Industrial Gases Details
8Corrigendum: Procurement of 5000 SCMH Compact District Regulating Station/Skid (DRS) suitable for underground installation to supply NG to Domestic Customers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC's onshore domestic crude production rises 2.4 per cent in 2016-17 Details
8BPCL fourth quarter net profit down 13 per cent Details
8We would be happy if the crude prices are low: Utpal Bora, Oil India Details
8India's record diesel demand to continue in 2017, growth to slow Details
8Oman Oil mandates banks for revolving credit facility -sources Details
8Oil slips on oversupply worries despite OPEC deal Details
8Government looking at reducing interest rate on loan given to FACT Details
8Gujarat Gas enters into non-binding MOU With PLL Details
8Oil India standalone net profit declines 95.89% in the March 2017 quarter Details
8Indian companies can take part in oil and gas projects in Russia’s offshore Arctic Details
8Itochu to buy into Indian LPG terminal Details
8Farzan B gas field row: Iran threatens to replace ONGC Videsh Ltd with Russian firms Details
8Government's new policy on Enhanced Oil Recovery contracts can help double India's oil output Details
You can also click on Newsclips for more Details
8Supply of Pipes for Piggable line in refinery Details
8Civil works at drill site "DGDH" in Demualgaon area Details
8Expression Of Interest for provision of Crude Oil Tanks at Rajasthan, Gujarat and Andhra Pradesh Details
8Excavation for Health Assessment of Underground Pipelines at FOB and LOB units at refinery Details
8Supply of welded mild steel bare line pipes of various diameters Details
8Supply, Installation and Commissioning of Gas Detection Systems in Jorhat Asset Details
8Procurement of EOT Crane for Drilling Services Details
8Procurement of full Opening Safety Valve and Kelly Cock for Ankleshwar Asset Details
8Supply of Industrial Gases Details
8Corrigendum: Procurement of 5000 SCMH Compact District Regulating Station/Skid (DRS) suitable for underground installation to supply NG to Domestic Customers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC's onshore domestic crude production rises 2.4 per cent in 2016-17 Details
8BPCL fourth quarter net profit down 13 per cent Details
8We would be happy if the crude prices are low: Utpal Bora, Oil India Details
8India's record diesel demand to continue in 2017, growth to slow Details
8Oman Oil mandates banks for revolving credit facility -sources Details
8Oil slips on oversupply worries despite OPEC deal Details
8Government looking at reducing interest rate on loan given to FACT Details
8Gujarat Gas enters into non-binding MOU With PLL Details
8Oil India standalone net profit declines 95.89% in the March 2017 quarter Details
8Indian companies can take part in oil and gas projects in Russia’s offshore Arctic Details
8Itochu to buy into Indian LPG terminal Details
8Farzan B gas field row: Iran threatens to replace ONGC Videsh Ltd with Russian firms Details
8Government's new policy on Enhanced Oil Recovery contracts can help double India's oil output Details
You can also click on Newsclips for more Details
Indian Refineries will have a severe shortage of FO for bunkering purposes from 2018-19 onwards due to reduced production by refineries
8Refinieries will have to cooperate on product sharing to ease the burden.
8Import of FO will have to be resorted to for supply to customers. Cost shall be the key deciding factor in such an arragnement
8Indian refineries are also completely unprepared for production of 0.5% Sulphur FO for bunker use as per latest MARPOL guidelines which will come in force by 2020
8There will be a rising use of distilates in comparison to residual fuel and their prices are expected to shoot up as a conseqeuence.
8If Indian refineries are not prepard, import will be an extremely costly affair.
8The other way to comply will be through use of advanced onboard technologies, such as scrubbers exhaust gas recirculation, selective catalytic recovery or water injection, is going to cost money too as would be the use of alternative fuels such as LNG, methanol or biofuels.
8The only hope now lies in the relaxation of the 0.5% suphur stipulation and extending the date of compliance to 2025 from 2020, which seems to be a possibility.
Click on Reports to find out the extent of unpreparedness of the Indian refining sector to the ensuing revolution in bunker fuel use. Details
8Refinieries will have to cooperate on product sharing to ease the burden.
8Import of FO will have to be resorted to for supply to customers. Cost shall be the key deciding factor in such an arragnement
8Indian refineries are also completely unprepared for production of 0.5% Sulphur FO for bunker use as per latest MARPOL guidelines which will come in force by 2020
8There will be a rising use of distilates in comparison to residual fuel and their prices are expected to shoot up as a conseqeuence.
8If Indian refineries are not prepard, import will be an extremely costly affair.
8The other way to comply will be through use of advanced onboard technologies, such as scrubbers exhaust gas recirculation, selective catalytic recovery or water injection, is going to cost money too as would be the use of alternative fuels such as LNG, methanol or biofuels.
8The only hope now lies in the relaxation of the 0.5% suphur stipulation and extending the date of compliance to 2025 from 2020, which seems to be a possibility.
Click on Reports to find out the extent of unpreparedness of the Indian refining sector to the ensuing revolution in bunker fuel use. Details
For reference purposes, the website carries here the full details of the future prospects of the Indian bunker fuel industry.
8The prospects are highlighted in terms of rise in coastal shipping expansions as well is an increase in demand from international bunkering calls on Indian ports. There are approximately 27000 vessels calls anually in India and the growth rate will be around 7% anually, providing a huge opportunity for the Indian bunker fuel industry.
8Traffic growth in major ports are highlighted. Indian tonnage too is likely to see a massive increase. Non major ports will play a big role too
8The bunker fuel capacity of major ports are documented, as also the potential going up to 2020-21.
8Segment-wise demand and key segment players are highlighted as are major marine customers in India
8Market share of different Indian bunker fuel suppliers is tabulated.
8Major cargoes handled in different ports are documented as also new bunkering facilities recently launched in India.
Click on Reports for more Details
8The prospects are highlighted in terms of rise in coastal shipping expansions as well is an increase in demand from international bunkering calls on Indian ports. There are approximately 27000 vessels calls anually in India and the growth rate will be around 7% anually, providing a huge opportunity for the Indian bunker fuel industry.
8Traffic growth in major ports are highlighted. Indian tonnage too is likely to see a massive increase. Non major ports will play a big role too
8The bunker fuel capacity of major ports are documented, as also the potential going up to 2020-21.
8Segment-wise demand and key segment players are highlighted as are major marine customers in India
8Market share of different Indian bunker fuel suppliers is tabulated.
8Major cargoes handled in different ports are documented as also new bunkering facilities recently launched in India.
Click on Reports for more Details
It is time now for India to look at become a global bunkering hub as it is placed between two major hubs, Singapore and Fujiarah.
8Case studies of how some ports can evolve into huds are given here.
Indian shipping penetration is low in accordance with its coastline, so the opportunities are huge
8Cochin can emerge as a major strategic location for the global VSL market
8Floating bunkering stations are now sought to be promoted, and a matrix of a hypothenical sand head floating bunkering system in the Bay of Bengal is documented here
8The inroduction of GST and its implications are on the indsutry are analysed in details
Click on Reports for more Details
8Case studies of how some ports can evolve into huds are given here.
Indian shipping penetration is low in accordance with its coastline, so the opportunities are huge
8Cochin can emerge as a major strategic location for the global VSL market
8Floating bunkering stations are now sought to be promoted, and a matrix of a hypothenical sand head floating bunkering system in the Bay of Bengal is documented here
8The inroduction of GST and its implications are on the indsutry are analysed in details
Click on Reports for more Details
Projections on the extent and quatum of fossil fuel use in the future depend on which side you are representing.
8The perspective from those who are advocates of new technology is very different from those who are in the fossil fuel industry.
8Looking at it from the fossil fuel industry point of view, there is a continued increase in demand well into the forseeable future, with most of the extra demand coming from developing countries.
8Even if renewable energy makes inroads and there are broad gians in energy efficiency, demand for fossil fuels will contine to grow
8Withint the mix however coal will play a less important role while gas will be the dominant fuel.
8Here are the key findings accordng to a new report:
8World energy consumption increases from 549 quadrillion Btu in 2012 to 629 quadrillion Btu in 2020 and then to 815 quadrillion Btu in 2040, a 48% increase (1.4%/year). Non-OECD Asia (including China and India) account for more than half of the increase.
8The industrial sector continues to account for the largest share of delivered energy consumption; the world industrial sector still consumes over half of global delivered energy in 2040.
8Renewable energy is the world’s fastest-growing energy source, increasing by 2.6%/year; nuclear energy grows by 2.3%/year, from 4% of the global total in 2012 to 6% in 2040.
8Fossil fuels continue to supply more than three-fourths of world energy use in 2040.
8By 2030, natural gas surpasses coal as the world’s second largest energy source while oil maintains its leading edge.
8Shale gas, tight gas and CBM will make up the bulk of gobal gas consumption
Click on Reports for more Details
8The perspective from those who are advocates of new technology is very different from those who are in the fossil fuel industry.
8Looking at it from the fossil fuel industry point of view, there is a continued increase in demand well into the forseeable future, with most of the extra demand coming from developing countries.
8Even if renewable energy makes inroads and there are broad gians in energy efficiency, demand for fossil fuels will contine to grow
8Withint the mix however coal will play a less important role while gas will be the dominant fuel.
8Here are the key findings accordng to a new report:
8World energy consumption increases from 549 quadrillion Btu in 2012 to 629 quadrillion Btu in 2020 and then to 815 quadrillion Btu in 2040, a 48% increase (1.4%/year). Non-OECD Asia (including China and India) account for more than half of the increase.
8The industrial sector continues to account for the largest share of delivered energy consumption; the world industrial sector still consumes over half of global delivered energy in 2040.
8Renewable energy is the world’s fastest-growing energy source, increasing by 2.6%/year; nuclear energy grows by 2.3%/year, from 4% of the global total in 2012 to 6% in 2040.
8Fossil fuels continue to supply more than three-fourths of world energy use in 2040.
8By 2030, natural gas surpasses coal as the world’s second largest energy source while oil maintains its leading edge.
8Shale gas, tight gas and CBM will make up the bulk of gobal gas consumption
Click on Reports for more Details
For reference purposes, the website carries here a reference cost curve of ammonia (used largely to make urea) by using either gas or coal (in China).
8India’s cost curve is getting flatter on lower global LNG prices, but it continues to remain much higher than those of major ammonia producers in the world.
8In a cost plus subsidy driven industry, this is a sensitive subject as the government may switch to imports by shutting down domestic production if the differentials are wide.
8The indicative curve shows India is well above key producers in the Gulf, Russia, US and China.
8The advantage however that India seems to be gaining is from lower cost of imported fertilizers.
8Urea prices have been falling for the last five years, and netbacks have been going now proportionately.
8How long this trend can continue remains a moot point and, when it ends, will prices remain flat or will we see a turnaround soon?
8There are signs that the downward slope is slowly coming to an end as volatility has tightened considerably in the past year. However, it is not clear if a quick turnaround will ensue.
8Another interesting trend is the falling dominance of Middle East producers in India’s urea imports and the rising dominance of the China and FSU.
Click on Reports to find out more Details
8India’s cost curve is getting flatter on lower global LNG prices, but it continues to remain much higher than those of major ammonia producers in the world.
8In a cost plus subsidy driven industry, this is a sensitive subject as the government may switch to imports by shutting down domestic production if the differentials are wide.
8The indicative curve shows India is well above key producers in the Gulf, Russia, US and China.
8The advantage however that India seems to be gaining is from lower cost of imported fertilizers.
8Urea prices have been falling for the last five years, and netbacks have been going now proportionately.
8How long this trend can continue remains a moot point and, when it ends, will prices remain flat or will we see a turnaround soon?
8There are signs that the downward slope is slowly coming to an end as volatility has tightened considerably in the past year. However, it is not clear if a quick turnaround will ensue.
8Another interesting trend is the falling dominance of Middle East producers in India’s urea imports and the rising dominance of the China and FSU.
Click on Reports to find out more Details
For refence purposs, the website carries here the latest updates on:
8The gas pipeline infrastrcuture, including spur lines, in India
8A map of the hinterland to be served by the Jagdishpur-Haldia and Bokaro-Dhamra pipeline. The attendant CGD infrastructure is also highlighted
8A set of 10 future growth drivers gas are documented to raise the share of natural gas in primary energy from 6.5% to 15%.
Click on Reports for more. Details
8The gas pipeline infrastrcuture, including spur lines, in India
8A map of the hinterland to be served by the Jagdishpur-Haldia and Bokaro-Dhamra pipeline. The attendant CGD infrastructure is also highlighted
8A set of 10 future growth drivers gas are documented to raise the share of natural gas in primary energy from 6.5% to 15%.
Click on Reports for more. Details
The business of managing logistics is soon transforming from being a cost center into a profit center
8Thetraditional outlook of logistics is shifting and today’scompanies are seeing logistics as a profit center ratherthan a cost center or at least treating it as a part of corebusiness rather than merely as a service center. However,for the logistics department to transform as profit center needsa transformational approach and an outlook driven from thetop.
8An overhaul will be needed in the the way the logistics business is done.
Click on Reports for more Details
8Thetraditional outlook of logistics is shifting and today’scompanies are seeing logistics as a profit center ratherthan a cost center or at least treating it as a part of corebusiness rather than merely as a service center. However,for the logistics department to transform as profit center needsa transformational approach and an outlook driven from thetop.
8An overhaul will be needed in the the way the logistics business is done.
Click on Reports for more Details
For refernece purposes, we are carrying here a series of write-ups related to the challegne of efficient logistics in the Indian context, including:
8Just in Time supply chain mangement
8Fleet management systems
8How Walmart does its supply chain management
8How GST is going to impact the logistics business
8Emerging talent in the logistics business
8Designing an optimal supply chain matrix
8R&D in the supply chain business
8Role of management in improving supply chain management
8Material management application tools
Click on Reports for more Details
8Just in Time supply chain mangement
8Fleet management systems
8How Walmart does its supply chain management
8How GST is going to impact the logistics business
8Emerging talent in the logistics business
8Designing an optimal supply chain matrix
8R&D in the supply chain business
8Role of management in improving supply chain management
8Material management application tools
Click on Reports for more Details
GAIL seems to exude increased confidence on prospects from its uncompetitive US LNG commitments (starting March 2018).
8Of 5.8MMT US LNG, the company has already contracted supply of 1.5MMT (~1MMT via time swaps, 0.5MMT deal with Shell) and will additionally replace 3.5MMT of current spot LNG supply with US LNG, the company management claims.
8But whether that will be cost competitive remains a big questions
8Also, GAIL seems enthused by the potential to cater to 3MMTPA demand from commissioning of 5 fertiliser plants—2 to be commissioned by end 2018 and 3 by 2020.
8For reference purposes, the website carries here the natural gas trading and transission margins of GAIL for ready reference
Click on Reports for more Details
8Of 5.8MMT US LNG, the company has already contracted supply of 1.5MMT (~1MMT via time swaps, 0.5MMT deal with Shell) and will additionally replace 3.5MMT of current spot LNG supply with US LNG, the company management claims.
8But whether that will be cost competitive remains a big questions
8Also, GAIL seems enthused by the potential to cater to 3MMTPA demand from commissioning of 5 fertiliser plants—2 to be commissioned by end 2018 and 3 by 2020.
8For reference purposes, the website carries here the natural gas trading and transission margins of GAIL for ready reference
Click on Reports for more Details
Large Indian oil and gas companies will now have to start looking at the transition risk involved in India’s climate change commitments.
8The website carries here an internal metric, dubbed the Carbon PricingCorridors, that can be used by marketactors to help price the transition risk into investment decisions and benchmark low-carbon strategies.
8It can also be used not jut by companies but by the government too in setting its public procurment mechanisms.
8The impact of climate change transitions will emerge over time and their magnitude is uncertain.
8The idea seems to be to use scenario analysis -- a process of analyzing possible future events by considering alternative possible outcomes -- as a tool to assess potential of climate-related risks and opportunities.
Click on Reports for more Details
8The website carries here an internal metric, dubbed the Carbon PricingCorridors, that can be used by marketactors to help price the transition risk into investment decisions and benchmark low-carbon strategies.
8It can also be used not jut by companies but by the government too in setting its public procurment mechanisms.
8The impact of climate change transitions will emerge over time and their magnitude is uncertain.
8The idea seems to be to use scenario analysis -- a process of analyzing possible future events by considering alternative possible outcomes -- as a tool to assess potential of climate-related risks and opportunities.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Conducting one time of Risk Assessment of Tripura Pipeline System and proposed new Pipeline Details
8Pre-Monsoon and Area Up-keeping for DHT Project Details
8Rate Contract for cleaning-pigging of Subsea Crude Oil Pipeline Details
8Hiring of services for EIA, EMP, QRA and DMP of Last Mile Connectivity for small customer Pipeline Projects Details
8Hiring of O&M Services for City Gas Distribution Network at Sonepat, Meerut, Dewas and other areas Details
8Laying/ Construction of 3LPE Coated Pipeline in Oil's operational areas in the state of Assam Details
8Hiring of Services for Laying/ Construction of Crude Oil Delivery (COD) Pipeline Details
8Supplying and Installation of Differential Pressure Valves in LPG Line Details
8Road Transportation of Bulk Petroleum Products Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Natural gas production will grow quite significantly: DK Sarraf, ONGC Details
8Oil prices stay weak as US drilling undermines drive to tighten markets Details
8H-ENERGY to invest over Rs 4,500 crore in the natural gas segment in five years Details
8Coal India March-quarter profit falls 38 percent, misses estimates Details
8Fidelity, Aberdeen drawn to gas retailers as India cleans up Details
8Oil India fourth quarter net profit down 96 percent to Rs 19 crore Details
8Pradhan assures oil industry GST concerns will be raised with FM Details
8ONGC's onshore domestic crude production rises 2.4 pc in FY17 Details
8ONGC posts surprise profit drop on royalties, weak gas price Details
You can also click on Newsclips for more Details
8Conducting one time of Risk Assessment of Tripura Pipeline System and proposed new Pipeline Details
8Pre-Monsoon and Area Up-keeping for DHT Project Details
8Rate Contract for cleaning-pigging of Subsea Crude Oil Pipeline Details
8Hiring of services for EIA, EMP, QRA and DMP of Last Mile Connectivity for small customer Pipeline Projects Details
8Hiring of O&M Services for City Gas Distribution Network at Sonepat, Meerut, Dewas and other areas Details
8Laying/ Construction of 3LPE Coated Pipeline in Oil's operational areas in the state of Assam Details
8Hiring of Services for Laying/ Construction of Crude Oil Delivery (COD) Pipeline Details
8Supplying and Installation of Differential Pressure Valves in LPG Line Details
8Road Transportation of Bulk Petroleum Products Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Natural gas production will grow quite significantly: DK Sarraf, ONGC Details
8Oil prices stay weak as US drilling undermines drive to tighten markets Details
8H-ENERGY to invest over Rs 4,500 crore in the natural gas segment in five years Details
8Coal India March-quarter profit falls 38 percent, misses estimates Details
8Fidelity, Aberdeen drawn to gas retailers as India cleans up Details
8Oil India fourth quarter net profit down 96 percent to Rs 19 crore Details
8Pradhan assures oil industry GST concerns will be raised with FM Details
8ONGC's onshore domestic crude production rises 2.4 pc in FY17 Details
8ONGC posts surprise profit drop on royalties, weak gas price Details
You can also click on Newsclips for more Details
LPG import terminal capacity up-gradation project
8RFQs for equipments will be floated by Sept,2017.
8RFQs for vessel works contractor at LPG storage terminal to be released within 4months.
Click on details for more. Details
8RFQs for equipments will be floated by Sept,2017.
8RFQs for vessel works contractor at LPG storage terminal to be released within 4months.
Click on details for more. Details
INDMAX unit greenfield project
8RFQs for the equipment will be floated by August, 2017.
Refinery debottlenecking project
8RFQs for licensor selection is expected by July, 2017.
Click on Details for project description and key ocntacts
Details
8RFQs for the equipment will be floated by August, 2017.
Refinery debottlenecking project
8RFQs for licensor selection is expected by July, 2017.
Click on Details for project description and key ocntacts
Details
For reference purposes the website carries here the following tenders:
8Laying Underground MDPE Pipelines and above Ground GI Piping for providing PNG Domestic Connections in Hyderabad for supplying of Natural Gas Details
8Supply of Trichloro-Ethylene Details
8Supply of Di-Ammonium Phosphate in refinery Details
8Supply of Portable Multi Gas Detector in refinery Details
8Periodic Testing of LPG underground Storage Tanks Details
8Supply of Urea at refinery Details
8Procurement of high Density PU Foam PIGS at Paradip-Haldia-Barauni Pipeline Details
8Construction of drill site "CTAC" in Rajasthan Details
8Invitation of bids for Coal Gasification Plant for generating Ammonia Syn. Gas and Carbon Dioxide Gas Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8IOC overtakes ONGC to become India's most profitable PSU Details
8Trump's budget renews debate on Alaska's Arctic refuge petroleum drilling Details
8Trump promises climate decision next week after G7 stalemate Details
8Why nuclear could become the next 'fossil' fuel Details
8What if US quits climate deal? Doesn't look good for Earth Details
8Natural gas production is no longer a profitable business: ONGC Details
8Direct benefit transfer has resulted in Rs 50,000 crore savings: Amit Shah Details
8Oil minister Pradhan meets Mauritius PM PK Jugnauth, seeks hydrocarbon cooperation Details
8Gulf falls on global crude oil output deal, property firms aid Egypt Details
8Manipur to resist Oil Exploration Details
8China and India to lead Asia’s big petrochemicals shift Details
8Reliance Industries eyes 10% market share in fuel retail Details
8KG Basin to see $30 billion investment in 10 years: Oil minister Dharmendra Pradhan Details
You can also click on Newsclips for more Details
8Laying Underground MDPE Pipelines and above Ground GI Piping for providing PNG Domestic Connections in Hyderabad for supplying of Natural Gas Details
8Supply of Trichloro-Ethylene Details
8Supply of Di-Ammonium Phosphate in refinery Details
8Supply of Portable Multi Gas Detector in refinery Details
8Periodic Testing of LPG underground Storage Tanks Details
8Supply of Urea at refinery Details
8Procurement of high Density PU Foam PIGS at Paradip-Haldia-Barauni Pipeline Details
8Construction of drill site "CTAC" in Rajasthan Details
8Invitation of bids for Coal Gasification Plant for generating Ammonia Syn. Gas and Carbon Dioxide Gas Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8IOC overtakes ONGC to become India's most profitable PSU Details
8Trump's budget renews debate on Alaska's Arctic refuge petroleum drilling Details
8Trump promises climate decision next week after G7 stalemate Details
8Why nuclear could become the next 'fossil' fuel Details
8What if US quits climate deal? Doesn't look good for Earth Details
8Natural gas production is no longer a profitable business: ONGC Details
8Direct benefit transfer has resulted in Rs 50,000 crore savings: Amit Shah Details
8Oil minister Pradhan meets Mauritius PM PK Jugnauth, seeks hydrocarbon cooperation Details
8Gulf falls on global crude oil output deal, property firms aid Egypt Details
8Manipur to resist Oil Exploration Details
8China and India to lead Asia’s big petrochemicals shift Details
8Reliance Industries eyes 10% market share in fuel retail Details
8KG Basin to see $30 billion investment in 10 years: Oil minister Dharmendra Pradhan Details
You can also click on Newsclips for more Details
Diesel Hydrotreating (DHT) greenfield project
8RFQs for the Licensor selection will be expected by mid July, 2017
INDAdept-G unit greenfield project
8RFQs for the procurement of equipment will be released by July 2017
Click on Details for more. Details
8RFQs for the Licensor selection will be expected by mid July, 2017
INDAdept-G unit greenfield project
8RFQs for the procurement of equipment will be released by July 2017
Click on Details for more. Details
For reference purposes the website carries here the following tenders:
8Services for maintenance of OFC at OIL ROW under PS2, Moran Details
8Supply of Rotary Valve Spares for refinery Details
8Supply and Installation of Ultrasonic Flow Meter at refinery Details
8Nitrogen Purging of Koyali -Viramgam Section and Bareja-Navagam Pipeline Section of Existing Koyali-Sanganer Pipeline for Product Evacuation Details
8Expression Of Interest for provision of Crude Oil Tanks Cleaning & Sludge disposal; On-site Treatment of Waste Oil/ Used Oil/ Oily Sludge; Collection, Transportation & Disposal of Sludge Details
8Supply of Ultra Low Sulphur Diesel Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8U.S. inventories of oil, gasoline fall - EIA Details
8OPEC still battling oil glut after five months of cuts Details
8India’s top energy research bodies come together to develop next-gen fuel resources Details
8Believe it or not! Petrol could be below Rs 30 a litre in 5 years Details
8Brazil's Petrobras sees higher oil exports as presalt fields develop Details
8IOC fourth quarter net profit up 85 per cent on higher volumes Details
8OPEC considering whether to cap Nigerian oil output - delegates Details
8A Saudi blunder will haunt crude oil cartel Opec for years to come Details
8Indian Oil Q4 net profit jumps 85% despite fuel price deregulation Details
8India-Sri Lanka: A grim tale of economic cooperation Details
8Blast in Dibrugarh OIL pipelines on eve of PM's visit Details
8IOC awaiting govt nod on daily fuel price revision across India Details
8Government may sell 3 per cent in Indian Oil for over Rs 6000 crore by end June Details
8GST to impact Indian Oil Corp by Rs 5,000 crore Details
You can also click on Newsclips for more Details
8Services for maintenance of OFC at OIL ROW under PS2, Moran Details
8Supply of Rotary Valve Spares for refinery Details
8Supply and Installation of Ultrasonic Flow Meter at refinery Details
8Nitrogen Purging of Koyali -Viramgam Section and Bareja-Navagam Pipeline Section of Existing Koyali-Sanganer Pipeline for Product Evacuation Details
8Expression Of Interest for provision of Crude Oil Tanks Cleaning & Sludge disposal; On-site Treatment of Waste Oil/ Used Oil/ Oily Sludge; Collection, Transportation & Disposal of Sludge Details
8Supply of Ultra Low Sulphur Diesel Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8U.S. inventories of oil, gasoline fall - EIA Details
8OPEC still battling oil glut after five months of cuts Details
8India’s top energy research bodies come together to develop next-gen fuel resources Details
8Believe it or not! Petrol could be below Rs 30 a litre in 5 years Details
8Brazil's Petrobras sees higher oil exports as presalt fields develop Details
8IOC fourth quarter net profit up 85 per cent on higher volumes Details
8OPEC considering whether to cap Nigerian oil output - delegates Details
8A Saudi blunder will haunt crude oil cartel Opec for years to come Details
8Indian Oil Q4 net profit jumps 85% despite fuel price deregulation Details
8India-Sri Lanka: A grim tale of economic cooperation Details
8Blast in Dibrugarh OIL pipelines on eve of PM's visit Details
8IOC awaiting govt nod on daily fuel price revision across India Details
8Government may sell 3 per cent in Indian Oil for over Rs 6000 crore by end June Details
8GST to impact Indian Oil Corp by Rs 5,000 crore Details
You can also click on Newsclips for more Details
Rs. 393 crore POL Terminal Greenfield Project
8PDIL has been appointed as consultant for the project.
8RFQs for Electrical work will be expected by July, 2017.
Click on Details for project descriptions and key contacts. Details
8PDIL has been appointed as consultant for the project.
8RFQs for Electrical work will be expected by July, 2017.
Click on Details for project descriptions and key contacts. Details
The International Maritime Organization is calling for a sharp cut in sulphur emissions in marine fuels in 2020.
8But this does not mean a natural transition to LNG.
8More attractive and cheaper options have already started to come up.
8And given the explosive technological changes in the anvil, the answer to how the future is going to unveil still cannot be fully answered as of now.Click on Report for more. Details
8But this does not mean a natural transition to LNG.
8More attractive and cheaper options have already started to come up.
8And given the explosive technological changes in the anvil, the answer to how the future is going to unveil still cannot be fully answered as of now.Click on Report for more. Details
Even as the oil and gas sector loses jobs, the renewable energy segment will be creation them.
8Find out more on which are the different renewable sector categories in which jobs are going to be created faster than in others.
8Is it possible to shift from oil & gas to the renwable sector?
8How many jobs have already been created in India through the shift to renewable energy?
Click on Reports to find out the answers Details
8Find out more on which are the different renewable sector categories in which jobs are going to be created faster than in others.
8Is it possible to shift from oil & gas to the renwable sector?
8How many jobs have already been created in India through the shift to renewable energy?
Click on Reports to find out the answers Details
Even as employees lose jobs, the oil & gas sector can reap significant benefits from the drive towards automation.
8Automation technologies can considerably raise the performance of control rooms by removing operators from environments that are hazardous and expensive to maintain and by capturing data that can be used for predictive and preventive maintenance and operational best practice.
8Centralizing expertise in an onshore location can improve strategy planning and the effectiveness of event responses.
8In the more futuristic scenario, permanent seafloor robots could undertake repairs or conduct additive manufacturing, while 3D printers on a surface vessel could print out replacement parts as needed.
8Robots would conduct standard maintenance, and operating algorithms developed using historical logs could deliver more efficient operations and greater safety.Click on Report for more. Details
8Automation technologies can considerably raise the performance of control rooms by removing operators from environments that are hazardous and expensive to maintain and by capturing data that can be used for predictive and preventive maintenance and operational best practice.
8Centralizing expertise in an onshore location can improve strategy planning and the effectiveness of event responses.
8In the more futuristic scenario, permanent seafloor robots could undertake repairs or conduct additive manufacturing, while 3D printers on a surface vessel could print out replacement parts as needed.
8Robots would conduct standard maintenance, and operating algorithms developed using historical logs could deliver more efficient operations and greater safety.Click on Report for more. Details
Automation is the new threat to employees all over the world.
8At a global level, technically automatable activities will cost 1.2 billion employees their jobs within the forseeable future and $14.6 trillion in wages.
Four economies—China, India, Japan, and the United States—account for just over half of these total wages and employees
8In India, automation with threaten the livlihoods of as many as 236 million people.
8As it is India is currently on a jobless growth curve and further automation will make it even worse.
Click on Reports to find out more on which jobs are most under threat Details
8At a global level, technically automatable activities will cost 1.2 billion employees their jobs within the forseeable future and $14.6 trillion in wages.
Four economies—China, India, Japan, and the United States—account for just over half of these total wages and employees
8In India, automation with threaten the livlihoods of as many as 236 million people.
8As it is India is currently on a jobless growth curve and further automation will make it even worse.
Click on Reports to find out more on which jobs are most under threat Details
For reference purposes the website carries here the following tenders:
8Third Party Inspection and Certification Agency for Integrated SURF-SPS of KG-DWN 98/2 Project Details
8Supply, Installation and Testing of Metering Skids for CNG Expansion Project Details
8Supply of suction volume bottle for natural Gas Compressor for Gas Company Details
8Procurement of Gas Chromatograph for Dahej Plant Details
8Construction of "MDAM" drill site in Rajahmundry Details
8Gas Sale from Nandasan Field of Mehsana Asset Details
8Mechanical hot and cold jobs comprising Maintenance of Column, Heat Exchanger, Reactor and miscellaneous jobs at refinery Details
8In-Situ Metallography of Critical Equipment and Piping at refinery for Health Assessment Details
8Supply of DI Additive Package to IOCL Plants Details
8Annual Maintenance Contract of Interlock Shutdown System (ILSD) and Gas Monitoring System (GMS) in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil prices rise as market awaits extended output cut Details
8China's Sinopec starts building nation's largest natural gas storage site Details
8Jump in renewable energy jobs worldwide: International Renewable Energy Agency Details
8OPEC hails GST, demonetisation moves of India amid onslaught from fracking industry Details
8Crude oil settles up slightly on view OPEC will extend output cuts Details
8Kuwait says OPEC to discuss extending output cuts for 6 or 9 months Details
8India's energy shift from fossils gaining pace: Expert Details
8Indonesia's revenue needs override coal curbs as oil take drops Details
8As oil prices languish, signs emerge of Algeria changing its energy ways Details
8ONGC Videsh turns profitable, records Net Profit of Rs 701 crore in 2016-2017 Details
8Here is what India’s largest power sector foreign investor has to say on GST Details
8India’s domestic oil and gas production at a five year low; Overseas output grew 84 percent in 2016-17 Details
8Government okays raising of Rs 2,360 crore through bonds for renewable energy projects Details
8State oil companies like ONGC, GAIL plan Rs 87,000 crore capex Details
You can also click on Newsclips for more Details
8Third Party Inspection and Certification Agency for Integrated SURF-SPS of KG-DWN 98/2 Project Details
8Supply, Installation and Testing of Metering Skids for CNG Expansion Project Details
8Supply of suction volume bottle for natural Gas Compressor for Gas Company Details
8Procurement of Gas Chromatograph for Dahej Plant Details
8Construction of "MDAM" drill site in Rajahmundry Details
8Gas Sale from Nandasan Field of Mehsana Asset Details
8Mechanical hot and cold jobs comprising Maintenance of Column, Heat Exchanger, Reactor and miscellaneous jobs at refinery Details
8In-Situ Metallography of Critical Equipment and Piping at refinery for Health Assessment Details
8Supply of DI Additive Package to IOCL Plants Details
8Annual Maintenance Contract of Interlock Shutdown System (ILSD) and Gas Monitoring System (GMS) in refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Oil prices rise as market awaits extended output cut Details
8China's Sinopec starts building nation's largest natural gas storage site Details
8Jump in renewable energy jobs worldwide: International Renewable Energy Agency Details
8OPEC hails GST, demonetisation moves of India amid onslaught from fracking industry Details
8Crude oil settles up slightly on view OPEC will extend output cuts Details
8Kuwait says OPEC to discuss extending output cuts for 6 or 9 months Details
8India's energy shift from fossils gaining pace: Expert Details
8Indonesia's revenue needs override coal curbs as oil take drops Details
8As oil prices languish, signs emerge of Algeria changing its energy ways Details
8ONGC Videsh turns profitable, records Net Profit of Rs 701 crore in 2016-2017 Details
8Here is what India’s largest power sector foreign investor has to say on GST Details
8India’s domestic oil and gas production at a five year low; Overseas output grew 84 percent in 2016-17 Details
8Government okays raising of Rs 2,360 crore through bonds for renewable energy projects Details
8State oil companies like ONGC, GAIL plan Rs 87,000 crore capex Details
You can also click on Newsclips for more Details
Crude oil production in April was 2% lower than target and was lower than what was produced in the same month last year.
8Gas output is also significantly lower at 9.19% of the target though it was marginally higher than what it was for the same month last year.
8The big disappointment was the continued poor performance of the private and JV segment, with output down almost 18% over the pervioys year.
8Eventually the job of the government is to focus on pushing the country’s oil and gas output curve out.
8Everything else is peripherial
Click on Reports for the full monthly oil and gas and refinery production report Details
8Gas output is also significantly lower at 9.19% of the target though it was marginally higher than what it was for the same month last year.
8The big disappointment was the continued poor performance of the private and JV segment, with output down almost 18% over the pervioys year.
8Eventually the job of the government is to focus on pushing the country’s oil and gas output curve out.
8Everything else is peripherial
Click on Reports for the full monthly oil and gas and refinery production report Details
Engineers India Ltd (EIL) has been doing well of late. PAT is up and the return on networth is getting better.
8Importantly, even though the LSTK segment has registered a lower turnover in 2016-17, its profit percentage is the same as the more dominant consultancy wing of the company.
8Its order book is swelling.
8The revival of the LSTK contract segment is good news, particularly when the bulk of its business comes from the oil and gas industry.
8he point to note however is that EIL is over depedependency of the consultancy segment on the oil and gas business, with orderscoming in mostly through the nomination route from the big public sector oil companies.
95% of EIL’s LSTK contracts come from domestic companies.s
8Its attempts to diversify into other segments or to outside of the country has not yielded great results so far.
Click on Reports for a full report Details
8Importantly, even though the LSTK segment has registered a lower turnover in 2016-17, its profit percentage is the same as the more dominant consultancy wing of the company.
8Its order book is swelling.
8The revival of the LSTK contract segment is good news, particularly when the bulk of its business comes from the oil and gas industry.
8he point to note however is that EIL is over depedependency of the consultancy segment on the oil and gas business, with orderscoming in mostly through the nomination route from the big public sector oil companies.
95% of EIL’s LSTK contracts come from domestic companies.s
8Its attempts to diversify into other segments or to outside of the country has not yielded great results so far.
Click on Reports for a full report Details
BS VI Motor Spirit Block Up-gradation Project
8Equipment to be required in the project are Condensers, Heat Exchangers, Nozzles, Flash Drums, Stripper reflux drums, etc.
8RFQs for Electrical work will be floated in June 2017
--Rs.140 crore LPG Greenfield Project
8RFQs for equipments to be floated by, Q2 2018.
--LPG Bottling Plant
8RFQs for Long Lead items will be floated by August, 2017.
Click on Details for project descriptions and key contacts. Details
8Equipment to be required in the project are Condensers, Heat Exchangers, Nozzles, Flash Drums, Stripper reflux drums, etc.
8RFQs for Electrical work will be floated in June 2017
--Rs.140 crore LPG Greenfield Project
8RFQs for equipments to be floated by, Q2 2018.
--LPG Bottling Plant
8RFQs for Long Lead items will be floated by August, 2017.
Click on Details for project descriptions and key contacts. Details
For reference purposes the website carries here the following tenders:
8Supply of Temperature Gauges with Thermowells for DHDS Unit for BS-IV Project at refinery Details
8Supply of Magnetic Level Gauges for BS-IV Project Details
8Procurement of HDPE Lining Details
8Civil works at drill site GKJB & GKJC in Geleky area Details
8Decontamination of Process Equipments in CCR Complex at refinery Details
8Rate Contract for Repair And Fabrication Job in Cauvery Asset Details
8Global Expression of Interest for Lumpsum Turnkey Contract/ Engineering Procurement and Construction Services for Development of various facilities in the Rajasthan Block Details
8Thickness survey jobs during shutdown of various process units, power plants, offsite piping and tanks at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's crude oil output dips 0.6% in April Details
8GAIL to open new energy route with US shale gas Details
8India moving beyond oil as seeks alternatives to OPEC Details
8Norway oil ministry says has no plan to cut crude oil output Details
8India could invest in Aramco IPO to strengthen ties with largest producer Details
8GAIL reports 69 per cent plunge in fourth quarter net profit at Rs 260 crore Details
8GAIL to double petrochemical output Details
8India’s crude facts Details
8Oil Minister Dharmendra Pradhan addressed India -OPEC Energy Dialogue at Vienna Details
8Crude oil output dips in April; natural gas production up Details
8India's petroleum self-sufficiency at its lowest since 2011 Details
8Ratnagiri Gas demerger: GAIL to own LNG terminal, NTPC to get power plant Details
8India’s crude oil production marginally down while natural gas production grows 1.80 percent in April Details
8In a first, India’s petroleum regulator to use real-time data monitoring tech to assess output from fields Details
8GAIL draws up Rs 30,000 crore capex plan for expansion Details
8GAIL India to invest Rs 1,000 crore to help Dabhol LNG terminal operate all year Details
You can also click on Newsclips for more Details
8Supply of Temperature Gauges with Thermowells for DHDS Unit for BS-IV Project at refinery Details
8Supply of Magnetic Level Gauges for BS-IV Project Details
8Procurement of HDPE Lining Details
8Civil works at drill site GKJB & GKJC in Geleky area Details
8Decontamination of Process Equipments in CCR Complex at refinery Details
8Rate Contract for Repair And Fabrication Job in Cauvery Asset Details
8Global Expression of Interest for Lumpsum Turnkey Contract/ Engineering Procurement and Construction Services for Development of various facilities in the Rajasthan Block Details
8Thickness survey jobs during shutdown of various process units, power plants, offsite piping and tanks at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's crude oil output dips 0.6% in April Details
8GAIL to open new energy route with US shale gas Details
8India moving beyond oil as seeks alternatives to OPEC Details
8Norway oil ministry says has no plan to cut crude oil output Details
8India could invest in Aramco IPO to strengthen ties with largest producer Details
8GAIL reports 69 per cent plunge in fourth quarter net profit at Rs 260 crore Details
8GAIL to double petrochemical output Details
8India’s crude facts Details
8Oil Minister Dharmendra Pradhan addressed India -OPEC Energy Dialogue at Vienna Details
8Crude oil output dips in April; natural gas production up Details
8India's petroleum self-sufficiency at its lowest since 2011 Details
8Ratnagiri Gas demerger: GAIL to own LNG terminal, NTPC to get power plant Details
8India’s crude oil production marginally down while natural gas production grows 1.80 percent in April Details
8In a first, India’s petroleum regulator to use real-time data monitoring tech to assess output from fields Details
8GAIL draws up Rs 30,000 crore capex plan for expansion Details
8GAIL India to invest Rs 1,000 crore to help Dabhol LNG terminal operate all year Details
You can also click on Newsclips for more Details
While what we call "bearish narratives" carried the day in oil markets earlier this month, a compelling set of arguments are now being advanced why oil prices will hover at around $ 60/bbl as the summer progresses.
8Data seems to show that slowly but surely global oil supply and demand balances are tightening, inventories are falling and prices will be going up
8Data seems to show that slowly but surely global oil supply and demand balances are tightening, inventories are falling and prices will be going up
Click on Reports for more
Details
The projected growth of oil demand in India of around 6.5% for Q2-Q4 2017 may be a tad too aggressive, it looks like on hindsight.
8Clearly the ramifications of demonetization has not finished coursing through the system as yet.
8Demand grew at 8% you in 2015 and 2016.
Click on Reports for more Details
8Clearly the ramifications of demonetization has not finished coursing through the system as yet.
8Demand grew at 8% you in 2015 and 2016.
Click on Reports for more Details
GAIL is planning to give out as much as Rs 900 crore in business to medium and small enterprises in 2017-18.
8Vendor development plans are currently underway
8A tentative list of eligible items has been drawn up in which MSEs can participate.
8Also given here are key contacts within GAIL who can help MSEs find their way
Click on Reports for more. Details
8Vendor development plans are currently underway
8A tentative list of eligible items has been drawn up in which MSEs can participate.
8Also given here are key contacts within GAIL who can help MSEs find their way
Click on Reports for more. Details
Find out how Europen vehicular emission levels are providing a big boost to use of CNG in motor vehicles.
8The current limit is set as 130 grams of CO2 emitted per kilometer. The limit will drop to 95 grams of CO2/km by the year 2021.
8Car manufacturers will be forced to pay a heavy penalty if these emission limits are not adhered to.
8Find out how these changes have driven up the sale of CNG in Europe
8And there are lessons to be learnt from the European experience for Indian policy makers.
Click on Reports to find out more Details
8The current limit is set as 130 grams of CO2 emitted per kilometer. The limit will drop to 95 grams of CO2/km by the year 2021.
8Car manufacturers will be forced to pay a heavy penalty if these emission limits are not adhered to.
8Find out how these changes have driven up the sale of CNG in Europe
8And there are lessons to be learnt from the European experience for Indian policy makers.
Click on Reports to find out more Details
The website carries here the disaggregated set of prices elicited recently by RIL against CBM to be supplied by it for the CBM block SP (West).
8In all, 6 bids were received for a total volume requirement of 2.16 MMSCMD as against the available volume of 0.40 MMSCMD.
8A full report is carried here on companies who put in their bids and for how much.
8The eventual clearing price and how it was arrived at is also documented.
8The range of price bids and the clearing price are tabulated.
8The outcome of the bid evaluation process was that one company grabbed all the gas
Click on Reports for more Details
8In all, 6 bids were received for a total volume requirement of 2.16 MMSCMD as against the available volume of 0.40 MMSCMD.
8A full report is carried here on companies who put in their bids and for how much.
8The eventual clearing price and how it was arrived at is also documented.
8The range of price bids and the clearing price are tabulated.
8The outcome of the bid evaluation process was that one company grabbed all the gas
Click on Reports for more Details
Unlike in similar auctions in the past, gas prices quoted have remained within a tight set of numbers reflecting groud reality.
8Clearly the internal cost dynamics of the bidders came into play here.
8The bid price of power companies – on account of acute competitiion from a merit based system dominated by coal based power providers -- was significantly lower than that of petrochemical players.
8GAIL too put in a bid but was outbidded by others.
8The website also carries here the contact numbers of bidders who gas suppliers can get in touch with.
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8Clearly the internal cost dynamics of the bidders came into play here.
8The bid price of power companies – on account of acute competitiion from a merit based system dominated by coal based power providers -- was significantly lower than that of petrochemical players.
8GAIL too put in a bid but was outbidded by others.
8The website also carries here the contact numbers of bidders who gas suppliers can get in touch with.
Click on Reports for more Details
The rise in input costs for oil firms due to GST paid on the procurement of plant, machinery and services will not be creditable against the excise duty and value added tax on crude oil, petrol and diesel.
8This would imply collective absorption of tax close to Rs 25000 crore by upstream and downstream oil companies, thus, increasing the compliance burden.
8Post the implementation of GST from July 1, 2017, all oil firms may have to comply with the old and new tax regime as majority of the products like crude oil, natural gas, petrol, diesel and jet fuel are excluded from GST whereas input cost components will come under GST.
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8This would imply collective absorption of tax close to Rs 25000 crore by upstream and downstream oil companies, thus, increasing the compliance burden.
8Post the implementation of GST from July 1, 2017, all oil firms may have to comply with the old and new tax regime as majority of the products like crude oil, natural gas, petrol, diesel and jet fuel are excluded from GST whereas input cost components will come under GST.
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The PNGRB was set up in 2007 at the behest of multilateral funding agencies through an act of Parliament as part of a large-scale restructuring of the petroleum industry.
8The law confers comprehensive powers on the board commensurate with the tasks assigned to it. But the regulator was compromised from the start, either deliberately or inadvertently, by acts of omission and commission by stakeholders.
8 “Foremost among them has been the Government of India whose attitude to independent regulation is the main determinant of the success or failure of the regulator,” a comprehensive research paper claims.
8But then there are others who argue that a regulator can only work in a mature market in which the needs of the entire population is already met.
8In this context, is it then understandable why the government had nominated GAIL to expand India’s gas infrastructure with the offer of a substantial viability gap fund, as it goes to show that the “national champion” model is the only way forward for developing countries with sketchy and skewed infrastructure?
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8The law confers comprehensive powers on the board commensurate with the tasks assigned to it. But the regulator was compromised from the start, either deliberately or inadvertently, by acts of omission and commission by stakeholders.
8 “Foremost among them has been the Government of India whose attitude to independent regulation is the main determinant of the success or failure of the regulator,” a comprehensive research paper claims.
8But then there are others who argue that a regulator can only work in a mature market in which the needs of the entire population is already met.
8In this context, is it then understandable why the government had nominated GAIL to expand India’s gas infrastructure with the offer of a substantial viability gap fund, as it goes to show that the “national champion” model is the only way forward for developing countries with sketchy and skewed infrastructure?
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The glass is either half full or half empty depending upon your point of view.
8Fresh new estimates have come in on investment in the offshore oil and gas market in terms of:
8Offshore annual capex by field status, terms of producing, under development and new fields going up to the year 2025
8Then again, data is given on offshore investments in terms of water depth going up to 2025.
8The largest capex increases are likely in the shallow water category.
There are estimates too in terms of demand for offshore vessels for:
8Production
8Refining and processing
8Exploration
8Port and Marine
Vessel requirement segregations are also available for different segments of the offshore wind market
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8Fresh new estimates have come in on investment in the offshore oil and gas market in terms of:
8Offshore annual capex by field status, terms of producing, under development and new fields going up to the year 2025
8Then again, data is given on offshore investments in terms of water depth going up to 2025.
8The largest capex increases are likely in the shallow water category.
There are estimates too in terms of demand for offshore vessels for:
8Production
8Refining and processing
8Exploration
8Port and Marine
Vessel requirement segregations are also available for different segments of the offshore wind market
Click on Reports for more Details
BS-VI debottlenecking project
8Equipment to be required in the project are Makeup Gas Compressor,
8Nozzle, Flash Drum, Feed Surge, Stripper reflux drum.
8RFQs for equipment will be floated in July 2017
Rs 1600 crore refinery expansion project
8RFQs for Long lead items to be expected by August 2017.
Click on Details for more Details
8Equipment to be required in the project are Makeup Gas Compressor,
8Nozzle, Flash Drum, Feed Surge, Stripper reflux drum.
8RFQs for equipment will be floated in July 2017
Rs 1600 crore refinery expansion project
8RFQs for Long lead items to be expected by August 2017.
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Frame Contract for Pipes of VGO-HDT Unit in refinery Details
8Procurement of Stationary CNG Storage Cascades for CNG DBS and Online Stations in Hyderabad, Vijayawada & Kakinada Details
8Supply of GT Spares for Gas Turbine as per technical specifications Details
8Empanelment of Contractors for providing job wise services for In-house fabrication of Cryogenic Vessels, Refinery Pressure Vessels and other General Fabrication activities Details
8Hiring of Consultancy Services to advice and guide OIL, Gabon Project against issues relating to Tax, Customs, CNSS, Human resource etc on call out basis Details
8Installation of MDPE gas pipeline network for transportation of Natural Gas Details
8Construction of various Drilling Locations Details
8Thickness survey jobs during shutdown of various process units, power plants, offsite piping and tanks at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Asian energy firms boost markets on crude oil output cut hopes Details
8A 'mind-boggling' reform looms over India's $2 trillion economy Details
8RIL, Essar Oil to back oil minister Dharmendra Pradhan at Opec meet Details
8Oil rises on expectation of extended, possibly deepened output cut Details
8OPEC heads towards supply cut extension as Saudi signals most on board Details
8Petcoke imports on a rise as coal substitute Details
8GAIL (India) Q4FY17 standalone net profit declines 40.4% yoy Details
8Industrial oil slips on reduced demand Details
8Iraq says achieved OPEC oil cut share, ready to meet new demand Details
8How will the new tax rates impact the oil and gas sector? Details
8Pradhan calls for Asian dividend rather than premium at India-OPEC Institutional Dialogue Details
8Govt to auction CIL supply to imported coal-based power plants Details
8Work begins on India's first green energy corridor project Details
8Continuing gas price cuts to deter fresh exploration capex: India Ratings Details
8Clamour grows to bring petroleum under GST; J&K fires first salvo Details
8Kochi BPCL’s insulated pipeline to boost oil products’ value chain in India Details
8Proposal to extend oil production cut could lead to under investment: Dharmendra Pradhan Details
8GAIL in time-swap deal for US LNG Details
You can also click on Newsclips for more Details
8Frame Contract for Pipes of VGO-HDT Unit in refinery Details
8Procurement of Stationary CNG Storage Cascades for CNG DBS and Online Stations in Hyderabad, Vijayawada & Kakinada Details
8Supply of GT Spares for Gas Turbine as per technical specifications Details
8Empanelment of Contractors for providing job wise services for In-house fabrication of Cryogenic Vessels, Refinery Pressure Vessels and other General Fabrication activities Details
8Hiring of Consultancy Services to advice and guide OIL, Gabon Project against issues relating to Tax, Customs, CNSS, Human resource etc on call out basis Details
8Installation of MDPE gas pipeline network for transportation of Natural Gas Details
8Construction of various Drilling Locations Details
8Thickness survey jobs during shutdown of various process units, power plants, offsite piping and tanks at refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Asian energy firms boost markets on crude oil output cut hopes Details
8A 'mind-boggling' reform looms over India's $2 trillion economy Details
8RIL, Essar Oil to back oil minister Dharmendra Pradhan at Opec meet Details
8Oil rises on expectation of extended, possibly deepened output cut Details
8OPEC heads towards supply cut extension as Saudi signals most on board Details
8Petcoke imports on a rise as coal substitute Details
8GAIL (India) Q4FY17 standalone net profit declines 40.4% yoy Details
8Industrial oil slips on reduced demand Details
8Iraq says achieved OPEC oil cut share, ready to meet new demand Details
8How will the new tax rates impact the oil and gas sector? Details
8Pradhan calls for Asian dividend rather than premium at India-OPEC Institutional Dialogue Details
8Govt to auction CIL supply to imported coal-based power plants Details
8Work begins on India's first green energy corridor project Details
8Continuing gas price cuts to deter fresh exploration capex: India Ratings Details
8Clamour grows to bring petroleum under GST; J&K fires first salvo Details
8Kochi BPCL’s insulated pipeline to boost oil products’ value chain in India Details
8Proposal to extend oil production cut could lead to under investment: Dharmendra Pradhan Details
8GAIL in time-swap deal for US LNG Details
You can also click on Newsclips for more Details
China’s independent but small refineries, also known as the “teapot refineries”, have come of age.
8Many of them have grown in size and sophistication and they have now cornered a quarter of the country’s production.
8The refinery utilization rates have been slowly going up. Their output has diversified.
8The rise of the teapot refineries have lead to a surge in exports. Crude imports have gone up from non-traditional sources, thereby upsetting the otherwise carefully orchestrated crude buying matrix of the Chinese state owned companies.
8Is it possible to replicate the Chinese experience in India?
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8Many of them have grown in size and sophistication and they have now cornered a quarter of the country’s production.
8The refinery utilization rates have been slowly going up. Their output has diversified.
8The rise of the teapot refineries have lead to a surge in exports. Crude imports have gone up from non-traditional sources, thereby upsetting the otherwise carefully orchestrated crude buying matrix of the Chinese state owned companies.
8Is it possible to replicate the Chinese experience in India?
Click on Reports for more Details
