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Jul 2017
For gas suppliers, the website carries here the latest commissioning dates for a clutch of government sponsored ammonia-urea units which are coming up in India
8Each unit will cost Rs 6000 crore
8Each of these units will require around 2.25 to 2.50 mmscmd of gas
8The start-up dates will create an immediate demand for around 10 mmscmd of incremental gas
Click on Reports for more Details
8Each unit will cost Rs 6000 crore
8Each of these units will require around 2.25 to 2.50 mmscmd of gas
8The start-up dates will create an immediate demand for around 10 mmscmd of incremental gas
Click on Reports for more Details
The Rupee is projected to strengthen rapidly in the next 12 months, according to fresh analysis
8The expectation is that USDINR will trade at 64.0 in 3M amidst the China/India border dispute.
8It is then expected to trend to 62.5 in 9M and 62.0 in 12M.
The next leg of sustained INR appreciation will be dependent on deeper economic reforms that have been slow to materialize.
Click on Reports for more Details
8The expectation is that USDINR will trade at 64.0 in 3M amidst the China/India border dispute.
8It is then expected to trend to 62.5 in 9M and 62.0 in 12M.
The next leg of sustained INR appreciation will be dependent on deeper economic reforms that have been slow to materialize.
Click on Reports for more Details
An interesting government sponsored experiment is on way in 12 MSME clusters -- ranging from brass to ceramics and handtools -- in using new energy efficiency methodologies and renewable energy
8The idea seems to be to then scale up the model to the national level
8It will also help provide inputs into policy making
8Does a model like this have implications for the gas sector in India?
Click on Reports for more Details
8The idea seems to be to then scale up the model to the national level
8It will also help provide inputs into policy making
8Does a model like this have implications for the gas sector in India?
Click on Reports for more Details
The slowdown in the oil and gas sector does not seem to have impacted L&T very much
8The hydrocarbon segment recorded the highest growth rate last quarter for the company
8What is of even larger significance is that the international revenue constituted 57% of the total customer revenue of the segment for the quarter ended June 30, 2017.
Click on Reports for more Details
8The hydrocarbon segment recorded the highest growth rate last quarter for the company
8What is of even larger significance is that the international revenue constituted 57% of the total customer revenue of the segment for the quarter ended June 30, 2017.
Click on Reports for more Details
There is some consternation globally among gas producers at the 11.8% fall in gas demand in the US power sector in June 2017 in relation to the same month last year.
8It is acknowledged that renewable energy is making a dent, but the extent of it is not known yet because as of now it is a surfeit of hydropower output that is leading to the fall in gas consumption in the power sector.
8An analysis over the last four years shows that gas consumption in power sector is trending on the lower edge this year.
8The use of gas in power consumption and its trend is going to be of increasing interest to analysts in the months and years ahead
Click on Reports for more Details
8It is acknowledged that renewable energy is making a dent, but the extent of it is not known yet because as of now it is a surfeit of hydropower output that is leading to the fall in gas consumption in the power sector.
8An analysis over the last four years shows that gas consumption in power sector is trending on the lower edge this year.
8The use of gas in power consumption and its trend is going to be of increasing interest to analysts in the months and years ahead
Click on Reports for more Details
The estimated landed price in India in June for LNG is pegged at $ 5.50/mmbtu
8This price has been arrived at based on a netback calculation
8With net global LNG oversupply now projected to last until 2025 or even beyond, the likely breakeven gas price that India's nearly $ 23 billion in upstream investment that is now potentially lined up in Eastern Offshore will have to look for is $5.50 or even lower.
8This is going to be a tightrope walk for gas producers, given that the discoveries are in deep waters, rough weather and treacherous geology.
Click on Reports for more Details
8This price has been arrived at based on a netback calculation
8With net global LNG oversupply now projected to last until 2025 or even beyond, the likely breakeven gas price that India's nearly $ 23 billion in upstream investment that is now potentially lined up in Eastern Offshore will have to look for is $5.50 or even lower.
8This is going to be a tightrope walk for gas producers, given that the discoveries are in deep waters, rough weather and treacherous geology.
Click on Reports for more Details
India paid the highest global price for LNG in the world in June 2017
8According to latest global data, the highest prices in June were prevalent in June were in Asia
8But compared to China, Japan and South Korea, India paid a higher average landed price of LNG
8That India's prices were the highest needs further investigation, given that we are nearer to Qatar, the largest supplier of LNG in the world, than either China, Japan or South Korea
8Is there scope for a lowering of prices?
Click on Reports for more Details
8According to latest global data, the highest prices in June were prevalent in June were in Asia
8But compared to China, Japan and South Korea, India paid a higher average landed price of LNG
8That India's prices were the highest needs further investigation, given that we are nearer to Qatar, the largest supplier of LNG in the world, than either China, Japan or South Korea
8Is there scope for a lowering of prices?
Click on Reports for more Details
8Iranian sanctions: Why US sanctions will work against American interest. Click on Report for more.
8Myanmar-China pipeline: Why the Chinese pipeline from Myanmar did not evince critical interest in India while the China-Pakistan economic corridor did. Click on Report for more.
8Tullow Oil's farm down of a 30% working interest to ONGC: What is the plan ahead? Click on Report for more.
8Praxiar is going to divest from its JV in India while looking for "price attainment" otherwise: Find out more Click on Report.
8Renewable energy in India: Present and future prospects. Click on Report for more.
8OIDB's Secretary: Job vacant. click on Report for more.
8Why RIL's multi-feed refineries find propane cheaper than naphtha. Click on Report for more.
8Find out how new 5D interpolation techniques have opened up new prospects in the Cambay Basin. Click on Report.
8How exactly does an LNG plant work: Find out more. Click on Report.
8Find out more on why the Cochin Shipyard IPO can be a good buy. Click on Report. Details
8Myanmar-China pipeline: Why the Chinese pipeline from Myanmar did not evince critical interest in India while the China-Pakistan economic corridor did. Click on Report for more.
8Tullow Oil's farm down of a 30% working interest to ONGC: What is the plan ahead? Click on Report for more.
8Praxiar is going to divest from its JV in India while looking for "price attainment" otherwise: Find out more Click on Report.
8Renewable energy in India: Present and future prospects. Click on Report for more.
8OIDB's Secretary: Job vacant. click on Report for more.
8Why RIL's multi-feed refineries find propane cheaper than naphtha. Click on Report for more.
8Find out how new 5D interpolation techniques have opened up new prospects in the Cambay Basin. Click on Report.
8How exactly does an LNG plant work: Find out more. Click on Report.
8Find out more on why the Cochin Shipyard IPO can be a good buy. Click on Report. Details
Sanctioning of the project is currently on
8And there is expectation that it will come through shortly
8RFQs for EPC contractors are expected once governmental sanctions are obtained.
8Completion Date: Q2, 2021
Click here for more on project description and other parameters, google maps and key contacts Details
8And there is expectation that it will come through shortly
8RFQs for EPC contractors are expected once governmental sanctions are obtained.
8Completion Date: Q2, 2021
Click here for more on project description and other parameters, google maps and key contacts Details
National Thermal Power Corporation along with EPC Contractor Larsen & Toubro - Sargent & Lundy and Sub-Contractor Netra Infra Tech Pvt. Ltd. continues with the construction of 1320 MW (2*660MW) Khargone Ultra Super Critical Thermal Power Plant in Khargone, Madhya Pradesh.
8L & T will itself carry out procurements for Boiler and Turbine and complete Balance of Plant in which auxiliaries for Boiler and Turbine will come from L & T. Sub-Contracts for Ash Dyke Package has been awarded to R K Transport & Construction and Induced Draft Cooling Tower has been awarded to Netra Infra Tech Pvt. Ltd.
8The owner is to come out with an FGD package soon.
8Project Event RFQ for Flue Gas Desulfurization Unit is expected to be floated in 3rd Quarter of 2017.
8Completion Date: January 2020
Click here for more Details
8L & T will itself carry out procurements for Boiler and Turbine and complete Balance of Plant in which auxiliaries for Boiler and Turbine will come from L & T. Sub-Contracts for Ash Dyke Package has been awarded to R K Transport & Construction and Induced Draft Cooling Tower has been awarded to Netra Infra Tech Pvt. Ltd.
8The owner is to come out with an FGD package soon.
8Project Event RFQ for Flue Gas Desulfurization Unit is expected to be floated in 3rd Quarter of 2017.
8Completion Date: January 2020
Click here for more Details
TSGENCO along with EPC contractor BHEL is carrying out engineering and pre-construction activities in the 4000 MW (5*800 MW) coal based Yadadri Super Thermal Power Plant in Nalgonda district of Telangana. BHEL is expected to float further RFQs for miscellaneous items like valves, guide plates, fly ash etc.
8The major equipment required will be: cooling tower, steam pipelines, pumps, transmission lines, coal handling plant, ash handling plant, electrostatic precipitator among. Contracts for civil works and electrical works are also expected shortly.
8Project Event: RFQ dates for various short lead items likes valves, guide plates, shafts, electrical equipment etc are expected to be out by December 2017.
Click here for more Details
8The major equipment required will be: cooling tower, steam pipelines, pumps, transmission lines, coal handling plant, ash handling plant, electrostatic precipitator among. Contracts for civil works and electrical works are also expected shortly.
8Project Event: RFQ dates for various short lead items likes valves, guide plates, shafts, electrical equipment etc are expected to be out by December 2017.
Click here for more Details
A development drilling plan is coming up
8A total of 200 wells will be developed
8RFQs for the project can be expected in upcoming months.
8Equipments required for the project are drill pipes, drill casings, diesel gen-sets, drilling fluid, chemical additives.
8Project EEvent: RFQ for the hiring the contractor for civil works is expected by the Q1 2018. RFQs for the mechanical equipments is expected by end of Q1 2018.
Click here to access our software for key contacts and other details Details
8A total of 200 wells will be developed
8RFQs for the project can be expected in upcoming months.
8Equipments required for the project are drill pipes, drill casings, diesel gen-sets, drilling fluid, chemical additives.
8Project EEvent: RFQ for the hiring the contractor for civil works is expected by the Q1 2018. RFQs for the mechanical equipments is expected by end of Q1 2018.
Click here to access our software for key contacts and other details Details
For reference purposes the website carries here the following tenders:
8Supply of Control and Globe Valves Details
8Procurement of Carbon Steel Forgings for 26 Refinery Vessels Project Details
8Procurement of Alloy Steel Forgings for 26 Refinery Vessels Project Details
8Inspection and certification of pressure vessels at Panipat Naphtha Cracker Complex Details
8Carrying out Thickness Survey and Coating Inspection of Underground Pipes Details
8Carrying out Health Assessment of Catalyst Tubes of Reformer Unit of refinery Details
8Supply of CS Pipe under Third Party Inspection as per specification for 26 Refinery Vessels Details
8Laying, Dismantling, Replacing, Cleaning and Rerouting of Pipelines Details
8Provision of Crane Services for handling of materials to support E&P Operations Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC wins government nod for Rs 7,738 crore GSPC stake buy Details
8India’s first ever U.S. crude purchase to arrive in Sept. Details
8Farzad B gas field row: Not obligated to give deal to India, says Iran Details
8Oil Ministry’s 2.7-lakh-cr refinery remains on paper Details
8ONGC seeks marketing freedom to open India's 8th sedimentary basin Details
8HPCL stake sale: Government seeks bids for bankers, legal firms Details
8Sanctions slashed Qatar imports in June, non-gas exports affected -data Details
8Is Opec facing an existential crisis? Details
8Crude oil price hits two-month high in strongest week of the year Details
8Baltic index weighed down on weaker demand for panamax vessels Details
8China produces gas from "flammable ice" under South China Sea Details
8Petrol pumps in Delhi to get vapour recovery systems by September Details
8Technology needs to be sustainable, accessible, affordable: Dharmendra Pradhan Details
8Centre plans to set up petrochemical clusters: Dharmendra Pradhan Details
You can also click on Newsclips for more Details
8Supply of Control and Globe Valves Details
8Procurement of Carbon Steel Forgings for 26 Refinery Vessels Project Details
8Procurement of Alloy Steel Forgings for 26 Refinery Vessels Project Details
8Inspection and certification of pressure vessels at Panipat Naphtha Cracker Complex Details
8Carrying out Thickness Survey and Coating Inspection of Underground Pipes Details
8Carrying out Health Assessment of Catalyst Tubes of Reformer Unit of refinery Details
8Supply of CS Pipe under Third Party Inspection as per specification for 26 Refinery Vessels Details
8Laying, Dismantling, Replacing, Cleaning and Rerouting of Pipelines Details
8Provision of Crane Services for handling of materials to support E&P Operations Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC wins government nod for Rs 7,738 crore GSPC stake buy Details
8India’s first ever U.S. crude purchase to arrive in Sept. Details
8Farzad B gas field row: Not obligated to give deal to India, says Iran Details
8Oil Ministry’s 2.7-lakh-cr refinery remains on paper Details
8ONGC seeks marketing freedom to open India's 8th sedimentary basin Details
8HPCL stake sale: Government seeks bids for bankers, legal firms Details
8Sanctions slashed Qatar imports in June, non-gas exports affected -data Details
8Is Opec facing an existential crisis? Details
8Crude oil price hits two-month high in strongest week of the year Details
8Baltic index weighed down on weaker demand for panamax vessels Details
8China produces gas from "flammable ice" under South China Sea Details
8Petrol pumps in Delhi to get vapour recovery systems by September Details
8Technology needs to be sustainable, accessible, affordable: Dharmendra Pradhan Details
8Centre plans to set up petrochemical clusters: Dharmendra Pradhan Details
You can also click on Newsclips for more Details
8Project Name: A Brownfield Expansion of Thermal Power Plant
8Project Cost: Rs 4712 crore
8Project Description: The EPC contractor is carrying out basic engineering activities for a brownfield 660 MW coal based supercritical thermal power station. The power station had two 2x105 MW units which are under shutdown. Tendering for equipment will start from 3rd Quarter of FY 2017. The Boiler and Turbine will be supplied in-house by the EPC contractor. Currently dismantling of an old township where the two old units were located is going but protests from amongst displaced people is an area of concern. The EPC contractor will itself carry out procurements for Boiler and Turbine in which auxiliaries for Boiler and Turbine will come from the contractor itself while I.D. Fan, F.D. Fan, BOP package and erection and commissioning will be done by subcontractors.
Among the equipment which will be needed are: coal handling plant, ash handling plant, switchyard, DM water plant, cooling tower, fire fighting system, ventilation system, among others."
8Project Event - RFQs for Civil Work is expected by 3rd Quarter of FY 2017.
Click here to go to our software
8Project Name: Luhri Stage III Greenfield Hydroelectric Power Station
8Project Cost: Rs 2911.85 crore
8Project Description: SJVN Ltd is planning to construct a 355 MW hydroelectric power station, namely the Sunni Dam (Luhri HEP Stage III), in village Khaira in Shimla district of Himachal Pradesh. The plant will have 6 Francis turbines for the 4*67.4 MW Main Unit and the accompanying 1*67.4 & 1*18 MW Auxillary Unit. This project has been granted TOR on June 29, 2017. Major requirements are: Dam and barrage construction equipment, TBM (tunnel boring machine), turbines, generator, gates, control equipment , substation, transmission lines among others. Current requirement: Environment Impact Assessment (EIA) consultant.
8Project Events: RFQ for hiring EIA consultants expected to be out in August 2017.
Click here to go to our software
8Project Name - Buxar Greenfield Thermal Power Station
8Project Cost: Rs. 9,600.43 Cr.
8Project Description: SJVN Thermal Pvt Ltd is setting up a (2*660 MW) 1320 MW Buxar Thermal Power Plant at Chausa in district Buxar of Bihar. Tenders for land-levelling (plus/minus 6m) in this flood prone area and electrical EPC for setting up 33/11 kV substation were floated in June and are currently in the bidding process. The requirement for miscellaneous short lead items, transportation, fly-ash purchasing etc are also expected over the last quarter of 2017. The major equipment required will be: steam turbine, boiler, generator, cooling tower, steam pipelines, pumps, transmission lines, coal handling plant, ash handling plant, electrostatic precipitator (ESP), FGD (Flue Gas Desulphurisation) unit among many others.
8Project Events: Package wise RFQs for the following long lead equipment Boiler, Turbine-Generator (T-G) and FGD (Flue Gas Desulphurisation) unit are expected to be out in February 2018.
Click here to go to our software Details
8Project Cost: Rs 4712 crore
8Project Description: The EPC contractor is carrying out basic engineering activities for a brownfield 660 MW coal based supercritical thermal power station. The power station had two 2x105 MW units which are under shutdown. Tendering for equipment will start from 3rd Quarter of FY 2017. The Boiler and Turbine will be supplied in-house by the EPC contractor. Currently dismantling of an old township where the two old units were located is going but protests from amongst displaced people is an area of concern. The EPC contractor will itself carry out procurements for Boiler and Turbine in which auxiliaries for Boiler and Turbine will come from the contractor itself while I.D. Fan, F.D. Fan, BOP package and erection and commissioning will be done by subcontractors.
Among the equipment which will be needed are: coal handling plant, ash handling plant, switchyard, DM water plant, cooling tower, fire fighting system, ventilation system, among others."
8Project Event - RFQs for Civil Work is expected by 3rd Quarter of FY 2017.
Click here to go to our software
8Project Name: Luhri Stage III Greenfield Hydroelectric Power Station
8Project Cost: Rs 2911.85 crore
8Project Description: SJVN Ltd is planning to construct a 355 MW hydroelectric power station, namely the Sunni Dam (Luhri HEP Stage III), in village Khaira in Shimla district of Himachal Pradesh. The plant will have 6 Francis turbines for the 4*67.4 MW Main Unit and the accompanying 1*67.4 & 1*18 MW Auxillary Unit. This project has been granted TOR on June 29, 2017. Major requirements are: Dam and barrage construction equipment, TBM (tunnel boring machine), turbines, generator, gates, control equipment , substation, transmission lines among others. Current requirement: Environment Impact Assessment (EIA) consultant.
8Project Events: RFQ for hiring EIA consultants expected to be out in August 2017.
Click here to go to our software
8Project Name - Buxar Greenfield Thermal Power Station
8Project Cost: Rs. 9,600.43 Cr.
8Project Description: SJVN Thermal Pvt Ltd is setting up a (2*660 MW) 1320 MW Buxar Thermal Power Plant at Chausa in district Buxar of Bihar. Tenders for land-levelling (plus/minus 6m) in this flood prone area and electrical EPC for setting up 33/11 kV substation were floated in June and are currently in the bidding process. The requirement for miscellaneous short lead items, transportation, fly-ash purchasing etc are also expected over the last quarter of 2017. The major equipment required will be: steam turbine, boiler, generator, cooling tower, steam pipelines, pumps, transmission lines, coal handling plant, ash handling plant, electrostatic precipitator (ESP), FGD (Flue Gas Desulphurisation) unit among many others.
8Project Events: Package wise RFQs for the following long lead equipment Boiler, Turbine-Generator (T-G) and FGD (Flue Gas Desulphurisation) unit are expected to be out in February 2018.
Click here to go to our software Details
A beta version of our project monitoring software is now online.It took us a long time to develop and perfect this unique software. Access for this now is free for our current subscribers.
8One of the key ingredients of the software is its ability to generate a future RFQ date for equipment & services and validated key contacts along with scores of attendant data fields.
8A trained group of mechanical engineers has been filling up thousands of bits of relevant information and market intelligence into the software for the past several months. We have a "bottom up" approach, with each field audited by our engineers from information gathered from the ground.
8For every project, there is an intricate web of data fields, spread over dozens of industrial units and facilities of a given company. Each of these units and facilities will have many data points.
8Intricate search filters will give you exactly what you are looking for.
8Google maps are sprinkled across our databases for easy spatial referencing. NIC industrial and product codes are also included for quick identification.
8As the database fills up over the next few months, it will provide the richest tapestry of industrial information ever available in India. For the moment we will limit our coverage to power, oil & gas, petrochemicals and fertilizers in India but we will spread our wings to other sectors in the coming months. Eventually, we will extend our footprint globally because we believe we have a winning software and a huge cost advantage in relation to similar global databases.
8Our approach will be to give you a future business opportunity with rich accompanying data.
8The software has an easy-to-use format, but users are advised to tap our "Ask Us" button for help from one of our engineers to understand the myriad functionalities of our software, including the CRM section.
8The extensiveness of our database can be gauged from the following facts:
8In BPCL, we have built a database of 25 existing industrial facilities which include refineries, LPG bottling plants, petrochemical complexes, pipelines, pumping stations, among others. We have documented many as 53 industrial units within these facilities. Each of them has key contact fields, technology and input out matrices, utility fields, energy consumption data, long term maintenance contract information and a lot more. In each of these facilities and industrial entities, we will be looking for business development opportunities, either by way of brownfield expansions, additions, revamping or maintenance projects. Over and above that we keep track of scores of greenfield business development opportunities. As we go along, the database will get larger and richer.
8In HPCL, we have so far documented 28 facilities and 41 units.
8ONGC has a massive industrial base, and we have tapped as many as 40 facilities so far along with key contacts in each of them. However given the intricate nature of ONGC's E&P assets, filling up the database comprehensively will take some more time. Our focus will be to look at oil and gas production, starting from gathering stations to processing complexes.
Click here to go to our database (username and password needed, if you are not already logged in) Details
8One of the key ingredients of the software is its ability to generate a future RFQ date for equipment & services and validated key contacts along with scores of attendant data fields.
8A trained group of mechanical engineers has been filling up thousands of bits of relevant information and market intelligence into the software for the past several months. We have a "bottom up" approach, with each field audited by our engineers from information gathered from the ground.
8For every project, there is an intricate web of data fields, spread over dozens of industrial units and facilities of a given company. Each of these units and facilities will have many data points.
8Intricate search filters will give you exactly what you are looking for.
8Google maps are sprinkled across our databases for easy spatial referencing. NIC industrial and product codes are also included for quick identification.
8As the database fills up over the next few months, it will provide the richest tapestry of industrial information ever available in India. For the moment we will limit our coverage to power, oil & gas, petrochemicals and fertilizers in India but we will spread our wings to other sectors in the coming months. Eventually, we will extend our footprint globally because we believe we have a winning software and a huge cost advantage in relation to similar global databases.
8Our approach will be to give you a future business opportunity with rich accompanying data.
8The software has an easy-to-use format, but users are advised to tap our "Ask Us" button for help from one of our engineers to understand the myriad functionalities of our software, including the CRM section.
8The extensiveness of our database can be gauged from the following facts:
8In BPCL, we have built a database of 25 existing industrial facilities which include refineries, LPG bottling plants, petrochemical complexes, pipelines, pumping stations, among others. We have documented many as 53 industrial units within these facilities. Each of them has key contact fields, technology and input out matrices, utility fields, energy consumption data, long term maintenance contract information and a lot more. In each of these facilities and industrial entities, we will be looking for business development opportunities, either by way of brownfield expansions, additions, revamping or maintenance projects. Over and above that we keep track of scores of greenfield business development opportunities. As we go along, the database will get larger and richer.
8In HPCL, we have so far documented 28 facilities and 41 units.
8ONGC has a massive industrial base, and we have tapped as many as 40 facilities so far along with key contacts in each of them. However given the intricate nature of ONGC's E&P assets, filling up the database comprehensively will take some more time. Our focus will be to look at oil and gas production, starting from gathering stations to processing complexes.
Click here to go to our database (username and password needed, if you are not already logged in) Details
8The government of Bangladesh is going to strike a deal with Qatar this month to import 3.7 million tonnes of Liquefied Natural Gas (LNG) annually from July 2018, to meet the country’s growing demand.
-- Excelerate will charge around US$0.59 per unit (1,000 cubic feet) of natural gas as service charge and costs for tag boat operation, port facility, etc. Indian company Petronet also secured a deal to build another LNG import terminal at Kutubdia Island having a capacity to handle around 1,000 mmcfd of imported LNG.
-- Besides, another Indian company Reliance is also to build an LNG terminal at Moheshkhali island. Click on Report for more.
8Are you looking for an expert consultancy which provides the following services: Claims Analysis, Expert Testimony, Dispute Resolution and Insurance Claims in the Engineering & Construction sector? Here is one such company. Click on Report for more.
8Want to represent an equipment or service supplier to the shipping industry? We carry here the most comprehensive directory available. Click on Report for more.
8A comprehensive maritime security review through piracy and rebel prone waters of the world. Click on Report for more.
8Global Crude oil price of Indian Basket was US$ 49.38 per bbl on 26.07.2017. Click on Report for more.
8Support vessel need for an acid campaign in an offshore block. Click on Report for more.
8The next Society of Society of Petroleum Geophysicists conference is coming up. Click on Report for more.
8Alfanar Group of Saudi Arabia collaborates with Suzlon for its Renewable Energy foray into India. Click on Report for more. Details
-- Excelerate will charge around US$0.59 per unit (1,000 cubic feet) of natural gas as service charge and costs for tag boat operation, port facility, etc. Indian company Petronet also secured a deal to build another LNG import terminal at Kutubdia Island having a capacity to handle around 1,000 mmcfd of imported LNG.
-- Besides, another Indian company Reliance is also to build an LNG terminal at Moheshkhali island. Click on Report for more.
8Are you looking for an expert consultancy which provides the following services: Claims Analysis, Expert Testimony, Dispute Resolution and Insurance Claims in the Engineering & Construction sector? Here is one such company. Click on Report for more.
8Want to represent an equipment or service supplier to the shipping industry? We carry here the most comprehensive directory available. Click on Report for more.
8A comprehensive maritime security review through piracy and rebel prone waters of the world. Click on Report for more.
8Global Crude oil price of Indian Basket was US$ 49.38 per bbl on 26.07.2017. Click on Report for more.
8Support vessel need for an acid campaign in an offshore block. Click on Report for more.
8The next Society of Society of Petroleum Geophysicists conference is coming up. Click on Report for more.
8Alfanar Group of Saudi Arabia collaborates with Suzlon for its Renewable Energy foray into India. Click on Report for more. Details
The latest gas consumption data shows the following trends:
8Gross production for the month of June 2017 was 2755.48 MMSCM, going up by 6.05% over the corresponding month of the previous year.
8Total import of LNG for the month of June 2017 was 1810.60 MMSCM, down 7.52 % over the corresponding month of the previous year.
8Total consumption for the month of June 2017 was 4031.72 MMSCM, an increase of a mere 0.75 %
Click on Reports for more Details
8Gross production for the month of June 2017 was 2755.48 MMSCM, going up by 6.05% over the corresponding month of the previous year.
8Total import of LNG for the month of June 2017 was 1810.60 MMSCM, down 7.52 % over the corresponding month of the previous year.
8Total consumption for the month of June 2017 was 4031.72 MMSCM, an increase of a mere 0.75 %
Click on Reports for more Details
An Investigation into Factors Causing Time and Cost Overrun in Marine Construction Projects in India identified 45 different parameters.
8The factors responsible have been categorized under planning and executions stages
8Under execution, poor project monitoring is the number one cause for time and cost overrun
8Under planning, the main culprit is the lack of a defined project management plan
8This survey is of importance to those who are in the construction business, as it helps identify the key problems areas, which can then be mitigated through proactive action
Click on Reports for more Details
8The factors responsible have been categorized under planning and executions stages
8Under execution, poor project monitoring is the number one cause for time and cost overrun
8Under planning, the main culprit is the lack of a defined project management plan
8This survey is of importance to those who are in the construction business, as it helps identify the key problems areas, which can then be mitigated through proactive action
Click on Reports for more Details
How do you enhance refinery margins by producing premium refinery products from FCC slurry oil?
8Low cost technology solutions are now available
8The conversion is best suited for refineries with FCC and Solvent extraction units
8Investment costs are comparatively lower
Click on Reports for more Details
8Low cost technology solutions are now available
8The conversion is best suited for refineries with FCC and Solvent extraction units
8Investment costs are comparatively lower
Click on Reports for more Details
The website carries here the full details of a new Rs 30,000 crore petrochemical project
8The project will use a mix of imported propane and naphtha
The complex will be made up of:
8Cracker Unit
8C4/C5 Hydrogenation unit
8Pyrolysis Gasoline Hydrogenation Unit
8Benzene Extraction Unit
8Mono-Ethylene Glycol(MEG) Unit
8LLDPE / HDPE
8Butene
8Chloro Alkali
8VCM
8PVC
8Poly-Propylene Unit
Click on Reports for full configuration details, raw water supply data, input information and offsite descriptions Details
8The project will use a mix of imported propane and naphtha
The complex will be made up of:
8Cracker Unit
8C4/C5 Hydrogenation unit
8Pyrolysis Gasoline Hydrogenation Unit
8Benzene Extraction Unit
8Mono-Ethylene Glycol(MEG) Unit
8LLDPE / HDPE
8Butene
8Chloro Alkali
8VCM
8PVC
8Poly-Propylene Unit
Click on Reports for full configuration details, raw water supply data, input information and offsite descriptions Details
A new set of data points shows that the global LNG market will go through a period of oversupply until 2026
8But several uncertainties remain in this model
The key risk areas are:
8Timing of start up of new LNG sources
8Use of LNG in power generation and the threat of renewables
8How will supply react to low prices
Click on Reports for more Details
8But several uncertainties remain in this model
The key risk areas are:
8Timing of start up of new LNG sources
8Use of LNG in power generation and the threat of renewables
8How will supply react to low prices
Click on Reports for more Details
When a tender comes out, it is public knowledge. Our endeavor is to always look ahead, to identify a business development prospect a month or a year ahead from the tender date. We believe that our market intelligence will provide you the business advantage over your competitors.
8Diesel Hydrotreater Upgradation Project: Cost Rs 1100 crore
8Update: The EPC contractor is currently conducting basic engineering studies. A licensor has already been selected. Major equipment required: pumps, pressure reducing valves, vessels, fired heaters, air coolers, desalter, strippers, motors, heat exchangers.
Project Event:- RFQs for procuring long lead items are expected by August, 2017
Click here to go directly to our software update, where you will get an intricately rich tapestry of data surrounding this project, including key contacts and their telephone numbers
8Gas field development project
Update: Development drilling of 18 wells involving construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. Currently the project is in pre-clearance phase, as wildlife clearance has not been obtained. Equipment requirement: Rigs, well manifold, casing and drilling pipes, gas pipelines, gen sets and drilling fluid.
Click here to go to our software Details
8Diesel Hydrotreater Upgradation Project: Cost Rs 1100 crore
8Update: The EPC contractor is currently conducting basic engineering studies. A licensor has already been selected. Major equipment required: pumps, pressure reducing valves, vessels, fired heaters, air coolers, desalter, strippers, motors, heat exchangers.
Project Event:- RFQs for procuring long lead items are expected by August, 2017
Click here to go directly to our software update, where you will get an intricately rich tapestry of data surrounding this project, including key contacts and their telephone numbers
8Gas field development project
Update: Development drilling of 18 wells involving construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. Currently the project is in pre-clearance phase, as wildlife clearance has not been obtained. Equipment requirement: Rigs, well manifold, casing and drilling pipes, gas pipelines, gen sets and drilling fluid.
Click here to go to our software Details
For reference purposes the website carries here the following tenders:
8Rate Contract for Diesel Lubricity Additive for refinery Details
8Procurement of Helium/ Calibration Gases Details
8ARC for providing O&M Services In DUPL, DPPL and Thal Region Pipeline Network and Installation Details
8Procurement of Process Valves for LPG Processing Plant Details
8Procurement of Coated Line Pipe for Angul Dhamra Pipeline under JHDDPL PH-II Project Details
8Annual Maintenance Contract for AUTO Pipe Vessel equipment design software for pressure vessel and heat exchanger Details
8Health Assesment and Quality Assurance of Refractory Lining at refinery Details
8Supply of Pipes for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Ruias strike complex royalty deal with new owners of Essar Oil Details
8U.S. oil refiners pare exposure to Venezuelan crude imports Details
8India: Crude import bill likely to rise 23% this fiscal, says oil ministry Details
8KG Basin to meet nation’s gas demand Details
8ONGC confirms government slapping it, RIL with $3.9 billion demand Details
8ONGC takes step to increase natural gas production in Tripura Details
8ONGC first quarter net profit down 8.2 per cent Details
8Malaysia's Petronas scraps $29 billion western Canada LNG project Details
8Qatar turns down new LNG supply deals with Egypt - traders Details
8Shell profits triples on stronger refining, oil prices Details
8New board member for PNGRB; Eighth CGD bidding round delayed due to lack of quorum Details
8Shell sees oil demand peaking by late 2020s as electric car sales grow Details
8Thailand's PTTEP takes $500 million stake in Malaysia LNG project Details
8Pakistan oil and gas regulator says 50 percent of fuel tankers fail safety standards Details
You can also click on Newsclips for more Details
8Rate Contract for Diesel Lubricity Additive for refinery Details
8Procurement of Helium/ Calibration Gases Details
8ARC for providing O&M Services In DUPL, DPPL and Thal Region Pipeline Network and Installation Details
8Procurement of Process Valves for LPG Processing Plant Details
8Procurement of Coated Line Pipe for Angul Dhamra Pipeline under JHDDPL PH-II Project Details
8Annual Maintenance Contract for AUTO Pipe Vessel equipment design software for pressure vessel and heat exchanger Details
8Health Assesment and Quality Assurance of Refractory Lining at refinery Details
8Supply of Pipes for BS VI Project Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Ruias strike complex royalty deal with new owners of Essar Oil Details
8U.S. oil refiners pare exposure to Venezuelan crude imports Details
8India: Crude import bill likely to rise 23% this fiscal, says oil ministry Details
8KG Basin to meet nation’s gas demand Details
8ONGC confirms government slapping it, RIL with $3.9 billion demand Details
8ONGC takes step to increase natural gas production in Tripura Details
8ONGC first quarter net profit down 8.2 per cent Details
8Malaysia's Petronas scraps $29 billion western Canada LNG project Details
8Qatar turns down new LNG supply deals with Egypt - traders Details
8Shell profits triples on stronger refining, oil prices Details
8New board member for PNGRB; Eighth CGD bidding round delayed due to lack of quorum Details
8Shell sees oil demand peaking by late 2020s as electric car sales grow Details
8Thailand's PTTEP takes $500 million stake in Malaysia LNG project Details
8Pakistan oil and gas regulator says 50 percent of fuel tankers fail safety standards Details
You can also click on Newsclips for more Details
8Swan Energy has awarded US engineering firm Black & Veatch the engineering, procurement and construction contract on the proposed floating Jafrabad liquefied natural gas import facility off India. The job includes delivery of the jetty topside and onshore LNG facilities for the planned 5-million-tonnes-per-annum (MTPA) project, which consists of one jetty-moored floating, storage and regasification unit (FSRU).
8Cairn Energy, the UK company that sold the majority of its stake in India to the Vedanta Group, seems to have in its hands a catch of good international discoveries which brightens its prospects despite its Indian tax dispute. Click on Report for more.
8A full review of Cochin Shipyards: Despite setbacks, it is set to take full advantage of India's Make in India programe and other policy initiatives such as granting infrastructure status to shipbuilding and granting right of first refusal to Indian shipyards for shipbuilding. Click on Report for more.
8Find out more on high-purity, large-scale alumina and zirconia tubes needed for the oil and gas sector. Click on Report for more.
8After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note. Click on Report for more.
8Meanwhile, OPEC led production cuts are having negative implications for crude tankers, particularly VLCCs. Click on Report for more.
8On the newbuilding side, orders have been placed for two medium range tankers at South Korea with an option for two more. STX valued the latter deal at $140 mill dividing each tanker at $35 million. On Suezmax, the 'Front Ardenne' 153,152 dwt 1997 built at Hyundai, Korea with double hull and dry dock 9/2017, has been reported as sold at region $ 8.5 million. Meanwhile, the demolition market showed an upward trend during these weeks with improved prices comparing to last month. Indicative demolition prices for India as well as others are carried here. Click on Report for more.
8Cairn India is looking for modular skids to reduce ethane content from dew pointed natural gas in its Barmer block. Click on Report for more.
8An analysis of indigenous crude oil production, imports and processing as well as production and imports/exports of petroleum products for June. Click on Report for more.
8Tendering activity for a new gas terminal in Cairn India's Barmer field is progressing well. Click on Report for more.
8Canada's efforts to produce LNG for the world suffered blow after Pacific NorthWest LNG announced that it has junked the LNG project in Port Edward, British Columbia. Click on Report for more.
8India's ethanol fuel industry seems marginal impact from GST. Click on Report for more. Details
8Cairn Energy, the UK company that sold the majority of its stake in India to the Vedanta Group, seems to have in its hands a catch of good international discoveries which brightens its prospects despite its Indian tax dispute. Click on Report for more.
8A full review of Cochin Shipyards: Despite setbacks, it is set to take full advantage of India's Make in India programe and other policy initiatives such as granting infrastructure status to shipbuilding and granting right of first refusal to Indian shipyards for shipbuilding. Click on Report for more.
8Find out more on high-purity, large-scale alumina and zirconia tubes needed for the oil and gas sector. Click on Report for more.
8After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note. Click on Report for more.
8Meanwhile, OPEC led production cuts are having negative implications for crude tankers, particularly VLCCs. Click on Report for more.
8On the newbuilding side, orders have been placed for two medium range tankers at South Korea with an option for two more. STX valued the latter deal at $140 mill dividing each tanker at $35 million. On Suezmax, the 'Front Ardenne' 153,152 dwt 1997 built at Hyundai, Korea with double hull and dry dock 9/2017, has been reported as sold at region $ 8.5 million. Meanwhile, the demolition market showed an upward trend during these weeks with improved prices comparing to last month. Indicative demolition prices for India as well as others are carried here. Click on Report for more.
8Cairn India is looking for modular skids to reduce ethane content from dew pointed natural gas in its Barmer block. Click on Report for more.
8An analysis of indigenous crude oil production, imports and processing as well as production and imports/exports of petroleum products for June. Click on Report for more.
8Tendering activity for a new gas terminal in Cairn India's Barmer field is progressing well. Click on Report for more.
8Canada's efforts to produce LNG for the world suffered blow after Pacific NorthWest LNG announced that it has junked the LNG project in Port Edward, British Columbia. Click on Report for more.
8India's ethanol fuel industry seems marginal impact from GST. Click on Report for more. Details
For reference purposes the website carries here the following tenders:
8Condition Monitoring/ Vibration Monitoring and Health Assessment of Rotary Equipment at refinery Details
8Procurement of Displacer Level Transmitters for VGO Unit Details
8Procurement of Spares of Feed Gas Compressor at HGU of refinery Details
8Laying of R-LNG Pipeline from Ennore LNG Terminal to MFL and associated Combined Station Works of ETMBPL Natural Gas Pipeline Project Details
8Supply of Flowserve Control Valve Spares to Panipat Naptha Cracker Details
8Supply of Nucleonic Level Transmitter to Panipat Naptha Cracker Details
8EIA & RA study for Augmentation of Mathura-Tundla pipeline (MTPL) and its extension upto Gawaria T-point of Barauni-Kanpur pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC, directors pulled up for plan to skip tendering Details
8Indefinite strike by petro workers to affect Northeast India’s supply and sale Details
8Oil, gasoline stocks fall sharply - EIA Details
8China, India oil imports show Saudi Arabia carries burden of cuts Details
8Asian markets edge up as oil extends gains Details
8ONGC to complete HPCL acquisition by April 2018 Details
8ONGC is pumping in Rs 3104 Crore for drilling of wells and creation of surface facilities in Tripura Details
8India's reliance on coal to continue beyond 2047: Report Details
8Sinopec to invest $5 bln in gas pipeline for new economic zone Details
8UK to ban sales of petrol, diesel-fuelled cars from 2040 - media Details
8Satpal Garg to join as new PNGRB board member Details
You can also click on Newsclips for more Details
8Condition Monitoring/ Vibration Monitoring and Health Assessment of Rotary Equipment at refinery Details
8Procurement of Displacer Level Transmitters for VGO Unit Details
8Procurement of Spares of Feed Gas Compressor at HGU of refinery Details
8Laying of R-LNG Pipeline from Ennore LNG Terminal to MFL and associated Combined Station Works of ETMBPL Natural Gas Pipeline Project Details
8Supply of Flowserve Control Valve Spares to Panipat Naptha Cracker Details
8Supply of Nucleonic Level Transmitter to Panipat Naptha Cracker Details
8EIA & RA study for Augmentation of Mathura-Tundla pipeline (MTPL) and its extension upto Gawaria T-point of Barauni-Kanpur pipeline Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8ONGC, directors pulled up for plan to skip tendering Details
8Indefinite strike by petro workers to affect Northeast India’s supply and sale Details
8Oil, gasoline stocks fall sharply - EIA Details
8China, India oil imports show Saudi Arabia carries burden of cuts Details
8Asian markets edge up as oil extends gains Details
8ONGC to complete HPCL acquisition by April 2018 Details
8ONGC is pumping in Rs 3104 Crore for drilling of wells and creation of surface facilities in Tripura Details
8India's reliance on coal to continue beyond 2047: Report Details
8Sinopec to invest $5 bln in gas pipeline for new economic zone Details
8UK to ban sales of petrol, diesel-fuelled cars from 2040 - media Details
8Satpal Garg to join as new PNGRB board member Details
You can also click on Newsclips for more Details
Configuration studies are currently on to raise the capacity of an Indian refinery either by 2.5 MMTPA or 10 MMTPA
8The state government has already allocated around 1000 acres of land the house additional units once the expansion plans are finalized
8Land acquisition process is currently on
8Meanwhile, RFQs are expected soon for a desalination plant as an alternative water source for the refinery
8Meanwhile, tendering for equipment has commenced for BS-VI upgradation, involving a new FCC Gasoline Treatment Facility, a Sulphur Recovery Unit, a Nitrogen Unit along with Utilities coupled with the revamp of the CHTU and DHDT units.
8Ordering is currently also on for revamping of an existing CCR unit to produce higher quantity of Reformate
Click on Reports for more Details
8The state government has already allocated around 1000 acres of land the house additional units once the expansion plans are finalized
8Land acquisition process is currently on
8Meanwhile, RFQs are expected soon for a desalination plant as an alternative water source for the refinery
8Meanwhile, tendering for equipment has commenced for BS-VI upgradation, involving a new FCC Gasoline Treatment Facility, a Sulphur Recovery Unit, a Nitrogen Unit along with Utilities coupled with the revamp of the CHTU and DHDT units.
8Ordering is currently also on for revamping of an existing CCR unit to produce higher quantity of Reformate
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Pipes and Piggable Line for refinery Details
8M and I Shutdown Jobs of Columns, Vessels, Tanks, Heat-Exchangers and Miscellaneous Piping and other jobs at refinery Details
8Global Expression Of Interest for Modular Ethane Removal Unit from Natural Gas in Rajasthan Block Details
8Modification of Existing HSD & MS Blending System Package for BS-IV Project for refinery Details
8Supply of Gas Chromatographs for detailed Hydrocarbon Analysis Details
8Training on Hazard and Operability Study at Panipat Refinery and Petrochemical Complex Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8More oil mergers in the pipeline Details
8India: Natural gas production up 6.05% during June Details
8IOC, GAIL stake sale to buy HPCL won't change ONGC metrics: S&P Global Ratings Details
8GST Impact: CNG price hiked by Rs 1.11 per kg, PNG by 33 paise per unit in Delhi Details
8IIM-Lucknow signs MoU with HPCL for promoting start-ups Details
8Vedanta first-quarter consolidated profit doubles Details
8Allow state-run buses to shift to green fuel: Assocham to UP CM Details
8Petrol pump racket: Accused visited 25 nations to study tricks to rig machines Details
8World oil demand could peak in 2024 on higher vehicle efficiency: Goldman Sachs Details
8Government mulls LPG-like subsidy transfer for PDS foodgrain Details
8Cargo movement plunged 40 per cent after GST, say truckers Details
8Oil extends gains as Saudi pledges export curbs Details
8Oil extends gains as OPEC moves to cap Nigeria output Details
8ONGC-HPCL merger to be completed this fiscal, Jaitley to head panel: Dharmendra Pradhan Details
You can also click on Newsclips for more Details
8Supply of Pipes and Piggable Line for refinery Details
8M and I Shutdown Jobs of Columns, Vessels, Tanks, Heat-Exchangers and Miscellaneous Piping and other jobs at refinery Details
8Global Expression Of Interest for Modular Ethane Removal Unit from Natural Gas in Rajasthan Block Details
8Modification of Existing HSD & MS Blending System Package for BS-IV Project for refinery Details
8Supply of Gas Chromatographs for detailed Hydrocarbon Analysis Details
8Training on Hazard and Operability Study at Panipat Refinery and Petrochemical Complex Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8More oil mergers in the pipeline Details
8India: Natural gas production up 6.05% during June Details
8IOC, GAIL stake sale to buy HPCL won't change ONGC metrics: S&P Global Ratings Details
8GST Impact: CNG price hiked by Rs 1.11 per kg, PNG by 33 paise per unit in Delhi Details
8IIM-Lucknow signs MoU with HPCL for promoting start-ups Details
8Vedanta first-quarter consolidated profit doubles Details
8Allow state-run buses to shift to green fuel: Assocham to UP CM Details
8Petrol pump racket: Accused visited 25 nations to study tricks to rig machines Details
8World oil demand could peak in 2024 on higher vehicle efficiency: Goldman Sachs Details
8Government mulls LPG-like subsidy transfer for PDS foodgrain Details
8Cargo movement plunged 40 per cent after GST, say truckers Details
8Oil extends gains as Saudi pledges export curbs Details
8Oil extends gains as OPEC moves to cap Nigeria output Details
8ONGC-HPCL merger to be completed this fiscal, Jaitley to head panel: Dharmendra Pradhan Details
You can also click on Newsclips for more Details
A 6 MMTPA refinery is up for sale in Tamil Nadu
8But the sweetener is that refinery has a dispute free land bank of 2,500 acres, enough to expand up to 30 million tonnes annual capacity, and a petrochemical complex.
8Then again, there is Rs 12,400 crore as VAT (value added taxes) refund that will come as a soft loan to be repaid after 16 years.
Click on Details for more Details
8But the sweetener is that refinery has a dispute free land bank of 2,500 acres, enough to expand up to 30 million tonnes annual capacity, and a petrochemical complex.
8Then again, there is Rs 12,400 crore as VAT (value added taxes) refund that will come as a soft loan to be repaid after 16 years.
Click on Details for more Details
8Shipping LNG to China, Japan, and South Korea from the U.S. Gulf Coast would be inefficient if oil prices fall below $80 and Henry Hub prices rise above $4. Click on Report for more.
8According to latest data, South Korea may need to import around 8 MMT more annually by 2025 than was previously estimated. Click on Report for more.
8Canada is a late entrant to global LNG markets but Canadian projects have certain advantages, including abundant and relatively low-cost natural gas supplies. In addition, west coast Canadian LNG projects have a shorter shipping distance to Asian markets compared to U.S. Gulf coast facilities, and east coast Canadian projects have a shorter shipping distance to Europe. Click on Report for more. Details
8According to latest data, South Korea may need to import around 8 MMT more annually by 2025 than was previously estimated. Click on Report for more.
8Canada is a late entrant to global LNG markets but Canadian projects have certain advantages, including abundant and relatively low-cost natural gas supplies. In addition, west coast Canadian LNG projects have a shorter shipping distance to Asian markets compared to U.S. Gulf coast facilities, and east coast Canadian projects have a shorter shipping distance to Europe. Click on Report for more. Details
What are the returns going to be like for big majors when they divert their resources to renewables?
8The returns range from 7% to 10%.
8A model (details are carried here) shows a return of 7% for offshore wind, 9% for onshore wind and 10% for solar PV under base-case assumptions
8This is around half the 18% the oil & gas majors could make on their next generation of upstream growth projects; a weighted average of the 22% from future drilling onshore North America and 14% on conventional pre-FID projects (both modelled at US$65/bbl).
8Returns will be lower however if oil prices stay low. Moreover the higher IRR takes into account returns from M&A, which provide a much higher kickback.
8Within this pool of upstream investments, there are also much low return investments.
8These lower return projects are typically risky, being sensitive to movements in commodity prices.
8The all-in returns for wind and solar stack up against this lower returning subset.
8The point is eventually the prospective returns from renewables are not materially lower than the upstream average on a full cost basis.
Click on Reports for more Details
8The returns range from 7% to 10%.
8A model (details are carried here) shows a return of 7% for offshore wind, 9% for onshore wind and 10% for solar PV under base-case assumptions
8This is around half the 18% the oil & gas majors could make on their next generation of upstream growth projects; a weighted average of the 22% from future drilling onshore North America and 14% on conventional pre-FID projects (both modelled at US$65/bbl).
8Returns will be lower however if oil prices stay low. Moreover the higher IRR takes into account returns from M&A, which provide a much higher kickback.
8Within this pool of upstream investments, there are also much low return investments.
8These lower return projects are typically risky, being sensitive to movements in commodity prices.
8The all-in returns for wind and solar stack up against this lower returning subset.
8The point is eventually the prospective returns from renewables are not materially lower than the upstream average on a full cost basis.
Click on Reports for more Details
RIL's chairman Mukesh Ambani said last week that his company will invest in new sources of energy, aiming for leading positions in renewables.
Ambani clearly has his sights right.
8A niche energy market now, renewables will be much bigger by the middle of the next decade, as oil and gas demand growth slows.
8A simple comparison of sector revenues shows that the global renewables market will narrow the gap with oil and gas -- the latter is 33 times bigger in 2015, but just 13 times the scale in 2035.
8Projections show overall revenues from renewables in 2035 will be nearly three times greater than those from US unconventionals -- the industry’s number one growth segment -- in a carbon constrained case.
8That said, renewables costs will trend down sharply over the period, and capital will be increasingly diverted from upstream E&P projects by global oil & gas majors, and now RIL, to build material positions in wind and solar.
Click on Reports for more Details
Ambani clearly has his sights right.
8A niche energy market now, renewables will be much bigger by the middle of the next decade, as oil and gas demand growth slows.
8A simple comparison of sector revenues shows that the global renewables market will narrow the gap with oil and gas -- the latter is 33 times bigger in 2015, but just 13 times the scale in 2035.
8Projections show overall revenues from renewables in 2035 will be nearly three times greater than those from US unconventionals -- the industry’s number one growth segment -- in a carbon constrained case.
8That said, renewables costs will trend down sharply over the period, and capital will be increasingly diverted from upstream E&P projects by global oil & gas majors, and now RIL, to build material positions in wind and solar.
Click on Reports for more Details
Latest official estimates are that around $ 23 billion is lined up for investments in KG offshore areas
8The figure has been culled out from DoCs (Declarations of Commerciality) and FDPs (Field Development Plans) submitted so far by the operators of PSC and nomination regimes
8Under the current development plans, the total production is expected to be around 60 mmscmd by 2021-22
Click on Reports for more Details
8The figure has been culled out from DoCs (Declarations of Commerciality) and FDPs (Field Development Plans) submitted so far by the operators of PSC and nomination regimes
8Under the current development plans, the total production is expected to be around 60 mmscmd by 2021-22
Click on Reports for more Details
EIL has put together the configuration study for IOC's Gujarat refinery expansion from 13.7 MMTPA to 18.0 MMTPA
8The estimated cost is Rs15000 crore.
8The configuration has new units like Atmospheric Vacuum Unit, Indmax unit, Motor Spirit (MS) block units, Kerosene Hydro De-sulphurization unit and Sulphur recovery unit.
along with associated utilities and off sites.
8For reference purposes, the website also carries here project-wise details of money spent by IOC so far this year
Click on Reports for more Details
8The estimated cost is Rs15000 crore.
8The configuration has new units like Atmospheric Vacuum Unit, Indmax unit, Motor Spirit (MS) block units, Kerosene Hydro De-sulphurization unit and Sulphur recovery unit.
along with associated utilities and off sites.
8For reference purposes, the website also carries here project-wise details of money spent by IOC so far this year
Click on Reports for more Details
PLL Kochi terminal is expected to improve its capacity utilization going ahead but will still remain very low
8BPCL’s Kochi refinery expansion has been completed while Fertilisers and Chemicals is resuming its gas offtake
8Utilization is expected to improve to 10% in in FY18 when the Kochi-Mangalore-Bangalore pipeline is completed by December 2018.
8Over and above the expansion in Dahej from 15 to 17.5 MMTPA, one additional storage tank has been further approved at a cost of $ 100 million.
8By the way, the power sector seems to be picking up LNG, with Torrent Power accepting a significant 0.5 mmtpa of volume offtake from April 2017.
Click on Reports for more Details
8BPCL’s Kochi refinery expansion has been completed while Fertilisers and Chemicals is resuming its gas offtake
8Utilization is expected to improve to 10% in in FY18 when the Kochi-Mangalore-Bangalore pipeline is completed by December 2018.
8Over and above the expansion in Dahej from 15 to 17.5 MMTPA, one additional storage tank has been further approved at a cost of $ 100 million.
8By the way, the power sector seems to be picking up LNG, with Torrent Power accepting a significant 0.5 mmtpa of volume offtake from April 2017.
Click on Reports for more Details
KG-D6 production averaged at 6.4 MMSCMD in Q-1, 2017-18
8CBM production at commenced in March 2017 but fertilizer giant IFFCO has restricted CBM consumption from Sohagpur West at Phulpur and that has stopped output from going up
8First gas from RIL-BP's fresh investments in the KG basin to monetize 3 TCF of discovered deep water gas resources is expected in 2020, a year later than first gas from ONGC KG-DWN-98/2 block
Click on Reports for more Details
8CBM production at commenced in March 2017 but fertilizer giant IFFCO has restricted CBM consumption from Sohagpur West at Phulpur and that has stopped output from going up
8First gas from RIL-BP's fresh investments in the KG basin to monetize 3 TCF of discovered deep water gas resources is expected in 2020, a year later than first gas from ONGC KG-DWN-98/2 block
Click on Reports for more Details
Deepwater development costs have gone down dramatically over the last two years
8Different cost elements were economized in different projects
8Earlier contractor or consultant involvement -- at the concept and pre-FEED level in bringing down budgets, and that seems to be of big help
The other components which were targeted were:
8Field architecture
8Concept optimization
8Sourcing and specifications
8Local content
8SPS interface
8Scope changes, among others
Click on Reports for more Details
8Different cost elements were economized in different projects
8Earlier contractor or consultant involvement -- at the concept and pre-FEED level in bringing down budgets, and that seems to be of big help
The other components which were targeted were:
8Field architecture
8Concept optimization
8Sourcing and specifications
8Local content
8SPS interface
8Scope changes, among others
Click on Reports for more Details
For a company like RIL, scale will be of paramount importance while going into renewables.
8Most renewables projects are much smaller than typical oil and gas projects. Renewables project investment ranges from US$660 million for a base-case solar project (details of which are carried here) to US$2.3 billion for offshore wind.
8This ranks alongside small to medium-sized pre-FID upstream developments in the portfolio of oil majors, even assuming a 100% working interest basis.
8Offshore wind is the best current route to scale up for now. And India provides a big opportunity in this segment.
8Its potentially ranks alongside some of Big Oil's s largest next generation upstream developments.
8A 2.4 GW initial wind energy development would require US$7 billion of investment, generating an IRR of 11% and stable cash flow of US$0.9 billion a year. RIL and BP can join hands for such a project.
8Recent offshore projects awarded in Germany have been bid into auction at zero subsidy. This implies that operators expect another step-change in cost reduction post 2020, allowing next-generation projects to achieve similar returns and cash flow profiles for much lower prices.
Click on Reports for more Details
8Most renewables projects are much smaller than typical oil and gas projects. Renewables project investment ranges from US$660 million for a base-case solar project (details of which are carried here) to US$2.3 billion for offshore wind.
8This ranks alongside small to medium-sized pre-FID upstream developments in the portfolio of oil majors, even assuming a 100% working interest basis.
8Offshore wind is the best current route to scale up for now. And India provides a big opportunity in this segment.
8Its potentially ranks alongside some of Big Oil's s largest next generation upstream developments.
8A 2.4 GW initial wind energy development would require US$7 billion of investment, generating an IRR of 11% and stable cash flow of US$0.9 billion a year. RIL and BP can join hands for such a project.
8Recent offshore projects awarded in Germany have been bid into auction at zero subsidy. This implies that operators expect another step-change in cost reduction post 2020, allowing next-generation projects to achieve similar returns and cash flow profiles for much lower prices.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of HDTU Catalyst at refinery Details
8Consultancy Services for Conducting Risk Analysis, EIA Study of Mangalore Terminal Expansion Project Details
8Supply of Ultrasonic Flow Meter for refinery Details
8Supply of CS Pipes for refinery Details
8Expression Of Interest for Enterprise Resource Planning Software Details
8Supply of material, construction, fabrication and installation of capacity welded crude oil storage tanks Details
8Charter Hire of 500 HP Workover Rig to be used for workover jobs in Rajasthan Details
8Supply of Gas Chromatograph Analyzer for refinery Details
8Procurement and Installation of Rotork Make Acutators Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Production of Oil & Natural Gas sector down in June Details
8Pradhan oils ties with Iraq as Saudi, Iran slip in India's shopping list Details
8India approves sale of 51% stake in its third-largest local refiner Details
8$23 billion to be invested in KG Basin's oil & gas fields: Dharmendra Pradhan Details
8Jaitley to head panel on HPCL stake sale to ONGC Details
8mjunction appointed to build a platform for e-bidding, e-evaluation of bids and e-allocation of oil & gas fields Details
8Govt to sell entire stake in HPCL to ONGC: Pradhan Details
8ONGC should sell stake in IOC to fund HPCL buyout: Experts Details
8RIL paying 6 per cent more to buy CBM gas from own block in MP Details
8RIL sees Reliance Retail, Jio as hyper growth platforms over 10 years Details
8Oil gains ahead of producer meeting; Nigeria, Libya output in focus Details
8Oil markets need regulator in face of speculators - Eni CEO Claudio Descalzi Details
8Barmer crude oil theft: Initial police probe hints at massive racket Details
8Mercedes-Benz can drive in BS VI models to India by 2018 Details
You can also click on Newsclips for more Details
8Supply of HDTU Catalyst at refinery Details
8Consultancy Services for Conducting Risk Analysis, EIA Study of Mangalore Terminal Expansion Project Details
8Supply of Ultrasonic Flow Meter for refinery Details
8Supply of CS Pipes for refinery Details
8Expression Of Interest for Enterprise Resource Planning Software Details
8Supply of material, construction, fabrication and installation of capacity welded crude oil storage tanks Details
8Charter Hire of 500 HP Workover Rig to be used for workover jobs in Rajasthan Details
8Supply of Gas Chromatograph Analyzer for refinery Details
8Procurement and Installation of Rotork Make Acutators Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Production of Oil & Natural Gas sector down in June Details
8Pradhan oils ties with Iraq as Saudi, Iran slip in India's shopping list Details
8India approves sale of 51% stake in its third-largest local refiner Details
8$23 billion to be invested in KG Basin's oil & gas fields: Dharmendra Pradhan Details
8Jaitley to head panel on HPCL stake sale to ONGC Details
8mjunction appointed to build a platform for e-bidding, e-evaluation of bids and e-allocation of oil & gas fields Details
8Govt to sell entire stake in HPCL to ONGC: Pradhan Details
8ONGC should sell stake in IOC to fund HPCL buyout: Experts Details
8RIL paying 6 per cent more to buy CBM gas from own block in MP Details
8RIL sees Reliance Retail, Jio as hyper growth platforms over 10 years Details
8Oil gains ahead of producer meeting; Nigeria, Libya output in focus Details
8Oil markets need regulator in face of speculators - Eni CEO Claudio Descalzi Details
8Barmer crude oil theft: Initial police probe hints at massive racket Details
8Mercedes-Benz can drive in BS VI models to India by 2018 Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8Hiring of Bulk Handling Plant Services for Exploratory wells at KG Basin Project Details
8Annual Rate Contract for processing of Oily sludge for recovery of oil at refinery Details
8Supply and Commissioning of Valves and Miscellaneous Pipeline Jobs Details
8Supply of Globe Valves, Flow Diverter Valves, Safety Relief Valves for Praxair Vessel Details
8Supply of Sensor for Multigas Detector for refinery Details
8Supply and Installation of sub soil Temperature Transmitters Details
8EOI for Integrated Development Services for Raageshwari Deep Gas Field within RJ-ON-90/1 Block Details
8Global Expression Of Interest for Supply of Diesel for Cambay Block, Ravva Oil and Gas Field Block and Rajasthan Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Essar to close Rosneft deal by July 31 Details
8Oil giant on the way Details
8Saudi Arabia's new trick is turning off the US oil tap Details
8ONGC not to make open offer post HPCL acquisition: Official Details
8HPCL sees more scope for foreign buys after ONGC deals Details
8Merger with HPCL may affect ONGC’s financial strength: ICRA Details
8Reliance eying big gains from energy and materials businesses Details
8U.S. weighs financial sanctions to hit Venezuela's oil revenue - sources Details
8Indian Oil Corporation distributes free spectacles to its truck drivers Details
8Indraprastha Gas kicks off pilot project for gas-run gensets in NCR Details
8Crude oil racket: 40 million litres stolen from Cairn in four years, probe ordered Details
8India launches first high-end fuel testing facility in Oil & Gas sector Details
8Seat chief sees CNG cars as possible diesel alternative - report Details
8Nigeria's former oil minister battles slew of graft cases in oil sector Details
8N Chandrasekaran gets down to business, could soon shut or sell off misfiring Tata companiesy Details
You can also click on Newsclips for more Details
8Hiring of Bulk Handling Plant Services for Exploratory wells at KG Basin Project Details
8Annual Rate Contract for processing of Oily sludge for recovery of oil at refinery Details
8Supply and Commissioning of Valves and Miscellaneous Pipeline Jobs Details
8Supply of Globe Valves, Flow Diverter Valves, Safety Relief Valves for Praxair Vessel Details
8Supply of Sensor for Multigas Detector for refinery Details
8Supply and Installation of sub soil Temperature Transmitters Details
8EOI for Integrated Development Services for Raageshwari Deep Gas Field within RJ-ON-90/1 Block Details
8Global Expression Of Interest for Supply of Diesel for Cambay Block, Ravva Oil and Gas Field Block and Rajasthan Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Essar to close Rosneft deal by July 31 Details
8Oil giant on the way Details
8Saudi Arabia's new trick is turning off the US oil tap Details
8ONGC not to make open offer post HPCL acquisition: Official Details
8HPCL sees more scope for foreign buys after ONGC deals Details
8Merger with HPCL may affect ONGC’s financial strength: ICRA Details
8Reliance eying big gains from energy and materials businesses Details
8U.S. weighs financial sanctions to hit Venezuela's oil revenue - sources Details
8Indian Oil Corporation distributes free spectacles to its truck drivers Details
8Indraprastha Gas kicks off pilot project for gas-run gensets in NCR Details
8Crude oil racket: 40 million litres stolen from Cairn in four years, probe ordered Details
8India launches first high-end fuel testing facility in Oil & Gas sector Details
8Seat chief sees CNG cars as possible diesel alternative - report Details
8Nigeria's former oil minister battles slew of graft cases in oil sector Details
8N Chandrasekaran gets down to business, could soon shut or sell off misfiring Tata companiesy Details
You can also click on Newsclips for more Details
It is important to understand that the Deendayal field -- made up of the KG-8,15 & 17 discoveries -- is not the only one capable of delivering gas in the KG-OSN-2001/3 block
8There are six other discoveries -- KG-16, KG-22, KG-31, KG-21, KG-19 and KG-20SS -- in the block.
8GSPC had submitted Operating Committee (OC) approved DoCs for all six discoveries for review by the DGH.
8Last heard, the upstream regulator had asked GSPC to prepare a robust dynamic model keeping in mind the retrograde nature of the gas reservoir before the Field Development Plan (FDP) for these discoveries is submitted.
8GSPC was also advised to carry out simulation studies before the submission of the FDP. ONGC is now expected to carry on the task
8Even by DGH's own estimates, the GIIP of the new set of discoveries is an impressive 8 TCF of gas
8Bad permeability and other geological complications make extraction of the gas a difficult affair and the actual gas produced is likely to be much lower.
8Nevertheless the point to note is that there is scope for more gas output, beyond the 5 mmscmd from the Deendayal field, in the block.
8ONGC is already thinking of tying in the KG-DWN-98/2 infrastructure with the Deendayal field.
8But even with fresh attempts to get the field to production, it remains a moot point when the discoveries in this block will begin earning a reasonable return on investment Details
8There are six other discoveries -- KG-16, KG-22, KG-31, KG-21, KG-19 and KG-20SS -- in the block.
8GSPC had submitted Operating Committee (OC) approved DoCs for all six discoveries for review by the DGH.
8Last heard, the upstream regulator had asked GSPC to prepare a robust dynamic model keeping in mind the retrograde nature of the gas reservoir before the Field Development Plan (FDP) for these discoveries is submitted.
8GSPC was also advised to carry out simulation studies before the submission of the FDP. ONGC is now expected to carry on the task
8Even by DGH's own estimates, the GIIP of the new set of discoveries is an impressive 8 TCF of gas
8Bad permeability and other geological complications make extraction of the gas a difficult affair and the actual gas produced is likely to be much lower.
8Nevertheless the point to note is that there is scope for more gas output, beyond the 5 mmscmd from the Deendayal field, in the block.
8ONGC is already thinking of tying in the KG-DWN-98/2 infrastructure with the Deendayal field.
8But even with fresh attempts to get the field to production, it remains a moot point when the discoveries in this block will begin earning a reasonable return on investment Details
The eventual total investment getting the Deendayal field to full production has been pegged at around $ 4 billion. And yet the end result will be a gas production of a mere 5 mmscmd, as of now
8At the gas price now prevalent for High Pressure High Temperature fields, this investment is unlikely to be recouped.
8As of now, the equipment deployed in the field is proving to be insufficient to handle bottomhole fluid temperatures, which are as high as 460 degree Fahrenheit.
8What makes it more difficult is that the field contains many faults and there is a need to deploy multiple horizontal wells to sustain production.
8Then again, permeability and porosity are low, and due to this reason, the recovery factor is difficult to pull up even after hydro fracturing techniques are utilized
8The sulphur in the natural gas is more than the normal level, so production and processing facilities will have to withstand high sulphur content in natural gas
8It will take ONGC a long time to ramp up production to the 5 mmscmd level.
8The FDP will have to be reworked as GSPC's projection shows a slow ramp up, from 0.8 mmscmd, going up to 1.6 mmscmd, then on to 3.5 msmcmd and finally to 5 mmscmd in the third year.
8Production was meant to have started in December, 2013 but began much later in 2015. All deadlines are currently running well behind schedule.
8There is no doubt that way too much money was sunk in for way too little production. Details
8At the gas price now prevalent for High Pressure High Temperature fields, this investment is unlikely to be recouped.
8As of now, the equipment deployed in the field is proving to be insufficient to handle bottomhole fluid temperatures, which are as high as 460 degree Fahrenheit.
8What makes it more difficult is that the field contains many faults and there is a need to deploy multiple horizontal wells to sustain production.
8Then again, permeability and porosity are low, and due to this reason, the recovery factor is difficult to pull up even after hydro fracturing techniques are utilized
8The sulphur in the natural gas is more than the normal level, so production and processing facilities will have to withstand high sulphur content in natural gas
8It will take ONGC a long time to ramp up production to the 5 mmscmd level.
8The FDP will have to be reworked as GSPC's projection shows a slow ramp up, from 0.8 mmscmd, going up to 1.6 mmscmd, then on to 3.5 msmcmd and finally to 5 mmscmd in the third year.
8Production was meant to have started in December, 2013 but began much later in 2015. All deadlines are currently running well behind schedule.
8There is no doubt that way too much money was sunk in for way too little production. Details
Hari Bhartia's Jubilant Offshore Drilling Private Ltd has formally put its 10% stake in the Block KG-OSN-2001/3 on the block.
8The company has gone broke, and is now undergoing what is called an Corporate Insolvency Resolution Process under the new Bankruptcy Code.
8It is pertinent to note that ONGC has taken over 80% of the block from GSPC, at a cost of $ 995 million.
8Attempts were made privately earlier to sell off this stake but there were not takers.
8It remains a moot point whether buyers will indeed be found for this stake.
8There is no doubt that ONGC will invest in the block's Deendayal field and integrate it with its other KG Basin offshore developments. Anyone who buys the 10% stake will have to end up investing more money, besides taking all the debt incurred by Jubilant.
8Given the high cost of additional exploration and production from this high pressure high temperature block, with unstable geology, over and above the sunk cost, the breakeven gas price is likely to be significantly higher than the actual price of gas that the Deendayal field is likely to elicit for a long time to come.
8ONGC is not going to be an easy partner to deal with, particularly when the E&P major is in the driver's seat.
8Cash calls for further work will be heavy and a return on investment, if at all, will be a long time into the future. Click on Report for more. Details
8The company has gone broke, and is now undergoing what is called an Corporate Insolvency Resolution Process under the new Bankruptcy Code.
8It is pertinent to note that ONGC has taken over 80% of the block from GSPC, at a cost of $ 995 million.
8Attempts were made privately earlier to sell off this stake but there were not takers.
8It remains a moot point whether buyers will indeed be found for this stake.
8There is no doubt that ONGC will invest in the block's Deendayal field and integrate it with its other KG Basin offshore developments. Anyone who buys the 10% stake will have to end up investing more money, besides taking all the debt incurred by Jubilant.
8Given the high cost of additional exploration and production from this high pressure high temperature block, with unstable geology, over and above the sunk cost, the breakeven gas price is likely to be significantly higher than the actual price of gas that the Deendayal field is likely to elicit for a long time to come.
8ONGC is not going to be an easy partner to deal with, particularly when the E&P major is in the driver's seat.
8Cash calls for further work will be heavy and a return on investment, if at all, will be a long time into the future. Click on Report for more. Details
What is behind the opposition of Southern states to the laying of gas pipelines India?
8The analysis claims that “outsiders” initiate a fear psychosis, spread it with the help of social media, draw the attention of mainstream media, rope in few participants from extreme leftists, religious fringe groups and separatists, under the disguise of protection of land, agriculture and environment, and successfully foist those “perceived catastrophes” into the minds of vulnerable local people, by exploiting their ignorance
8This seems like a simplistic argument but the analysis eventually blames companies such as GAIL for a ham-handed approach to the problem
Click on Reports to find out more Details
8The analysis claims that “outsiders” initiate a fear psychosis, spread it with the help of social media, draw the attention of mainstream media, rope in few participants from extreme leftists, religious fringe groups and separatists, under the disguise of protection of land, agriculture and environment, and successfully foist those “perceived catastrophes” into the minds of vulnerable local people, by exploiting their ignorance
8This seems like a simplistic argument but the analysis eventually blames companies such as GAIL for a ham-handed approach to the problem
Click on Reports to find out more Details
There have been recent reports that cheap Japanese reloaded cargoes will flood the global LNG markets and keep prices low for a long time to come.
8This is meant to happen because Japanese demand for LNG will go down over the years
8But an analysis shows that this is easier said than done and Europeans will be better at the game than the Japanese will ever be
Click on Reports for more Details
8This is meant to happen because Japanese demand for LNG will go down over the years
8But an analysis shows that this is easier said than done and Europeans will be better at the game than the Japanese will ever be
Click on Reports for more Details
There have always been allegations that GAIL uses its monopoly powers to exploit its customers.
8The source of this power emanates from the fact that it is both a monopoly pipeline owner as well as a marketer of gas.
8The allegations, however, have never been entirely proved but a comprehensive investigation by the Competition Commission will soon nail the truth once and for all.
8GAIL's claim has always been that back to back obligations force an onward imposition of Take or Pay (ToP) conditionalities on customers and its conduct has never been one where it abuses its monopoly supplier status.
The Commission is now going to dig up all the relevant information needed to either prove or disprove GAIL's claim, by looking into:
8The different sources of gas procurement by GAIL and the nature of arrangements with each supplier including price and ToP liability under each such arrangement
8Whether the gas supplied to the customers is supplied from a commingled stream, in which case, what is the basis for price determination/ revision from time to time
8Whether ToP liabilities are always imposed on GAIL by its upstream suppliers which are then passed on to customers
8Whether GAIL suffers losses, as it claims it does, on account of non off-take or under-drawl of gas by its contracted customers
8What were the total ToP liabilities levied by the GAIL on all its customers located across India in recent years
8Whether GAIL has indeed adopted any discriminatory practice in the imposition of ToP liability across its customer base
8Whether GAIL imposed full ToP liability only in cases where the concerned buyer contested the legality of the ToP claim or resorted to litigation or arbitration proceedings
8Details of policy, if any, of GAIL regarding the imposition of different liability upon different classes of customers.
Click on Reports for more Details
8The source of this power emanates from the fact that it is both a monopoly pipeline owner as well as a marketer of gas.
8The allegations, however, have never been entirely proved but a comprehensive investigation by the Competition Commission will soon nail the truth once and for all.
8GAIL's claim has always been that back to back obligations force an onward imposition of Take or Pay (ToP) conditionalities on customers and its conduct has never been one where it abuses its monopoly supplier status.
The Commission is now going to dig up all the relevant information needed to either prove or disprove GAIL's claim, by looking into:
8The different sources of gas procurement by GAIL and the nature of arrangements with each supplier including price and ToP liability under each such arrangement
8Whether the gas supplied to the customers is supplied from a commingled stream, in which case, what is the basis for price determination/ revision from time to time
8Whether ToP liabilities are always imposed on GAIL by its upstream suppliers which are then passed on to customers
8Whether GAIL suffers losses, as it claims it does, on account of non off-take or under-drawl of gas by its contracted customers
8What were the total ToP liabilities levied by the GAIL on all its customers located across India in recent years
8Whether GAIL has indeed adopted any discriminatory practice in the imposition of ToP liability across its customer base
8Whether GAIL imposed full ToP liability only in cases where the concerned buyer contested the legality of the ToP claim or resorted to litigation or arbitration proceedings
8Details of policy, if any, of GAIL regarding the imposition of different liability upon different classes of customers.
Click on Reports for more Details
8The shale oil revolution has brought about enormous geopolitical, economic and climate change shifts. This has serious implications well beyond what meets the normal eye. Click on Report for more.
8The website carries here key contact data on 100 major Indian infrastructure projects. Click on Report for more.
8LPG: Get a Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability
Indo-US Energy Cooperation: An outline. Click on Report for more.
8Estimates of total infrastructure investments needed in light of new climate change policies. Click on Report for motre.
8A market analysis of fuel efficiency technology potential of heavy duty vehicles in China: Implications for India. Click on Report for more.
8Deep decarbonization of transport and mobility may not be achieved at any acceptable level of carbon tax, a new argument seems to say. Consider a thought experiment in which the target is to reduce consumption of carbon emitting fuels to half of today’s levels. To achieve that, one would need to charge a much higher price for oil products to the consumer- perhaps higher than the equivalent of $200/bbl of crude oil. This level is based on the observation that prices of $150/bbl did not do much to reduce oil consumption in the last decade. Lower demand would put downward pressure on oil prices. But, to reduce production significantly, oil prices may need to fall below $20/bbl. After all, prices at $30/bbl did little to choke off production.Click on Report for more.
8Strength in Global Economy Means Higher Travel Pricing in 2018. click on Report for more.
8Project and Development India: Giving itself a facelift? Click on Report for more.
8Strategic advisor for sale of MRPL to ONGC needed. Click on Report for more.
8Latest Indian basket of crude prices. Click on Report for more.
Details
8The website carries here key contact data on 100 major Indian infrastructure projects. Click on Report for more.
8LPG: Get a Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability
Indo-US Energy Cooperation: An outline. Click on Report for more.
8Estimates of total infrastructure investments needed in light of new climate change policies. Click on Report for motre.
8A market analysis of fuel efficiency technology potential of heavy duty vehicles in China: Implications for India. Click on Report for more.
8Deep decarbonization of transport and mobility may not be achieved at any acceptable level of carbon tax, a new argument seems to say. Consider a thought experiment in which the target is to reduce consumption of carbon emitting fuels to half of today’s levels. To achieve that, one would need to charge a much higher price for oil products to the consumer- perhaps higher than the equivalent of $200/bbl of crude oil. This level is based on the observation that prices of $150/bbl did not do much to reduce oil consumption in the last decade. Lower demand would put downward pressure on oil prices. But, to reduce production significantly, oil prices may need to fall below $20/bbl. After all, prices at $30/bbl did little to choke off production.Click on Report for more.
8Strength in Global Economy Means Higher Travel Pricing in 2018. click on Report for more.
8Project and Development India: Giving itself a facelift? Click on Report for more.
8Strategic advisor for sale of MRPL to ONGC needed. Click on Report for more.
8Latest Indian basket of crude prices. Click on Report for more.
Details
Why did MRPL post a GRM of $4.75 for the quarter ended June 2017 when RIL posted a GRM of $ 11.9/bbl?
8MRPL claims that its operating GRM was higher for the quarter at $ 7.07 against $ 5.29 in the for the same quarter in the previous year but inventory loss got the figure down to $ 4.75 as against an inventory gain taking the GRM up to $ 10.01 in the previous year
8If there as an inventory loss that accounted for the lower MRPL GRM, didn't RIL go through a similar crunch?
8Clearly, more answers are needed
8There are a large number of peer to peer benchmarking studies available today and they should be relied upon to suggest process improvements in MRPL.
8Also find out more on how ONGC is going to go about integrating HPCL with MRPL
Click on Reports for more
Details
8MRPL claims that its operating GRM was higher for the quarter at $ 7.07 against $ 5.29 in the for the same quarter in the previous year but inventory loss got the figure down to $ 4.75 as against an inventory gain taking the GRM up to $ 10.01 in the previous year
8If there as an inventory loss that accounted for the lower MRPL GRM, didn't RIL go through a similar crunch?
8Clearly, more answers are needed
8There are a large number of peer to peer benchmarking studies available today and they should be relied upon to suggest process improvements in MRPL.
8Also find out more on how ONGC is going to go about integrating HPCL with MRPL
Click on Reports for more
Details
The diesel generation market -- and the attendant market for fossil fuels -- can be under very serious threat within the foreseeable future from distributed renewable energy with storage capacities.
8Such renewable capacities are now technically and economically viable.
8Interestingly, a great variety of electricity storage technologies can be applied to provide different functions at different locations.
8The point to note is that no single electricity storage technology scores well in all dimensions, and the technology of choice depends largely on system size, specific service required, electricity sources and the marginal cost of peak electricity.
8But the remote area electricity supply and the standby power generation paradigm is likely to be resolved sooner than later through renewable technology solutions.
Click on Reports for a detailed analysis. Details
8Such renewable capacities are now technically and economically viable.
8Interestingly, a great variety of electricity storage technologies can be applied to provide different functions at different locations.
8The point to note is that no single electricity storage technology scores well in all dimensions, and the technology of choice depends largely on system size, specific service required, electricity sources and the marginal cost of peak electricity.
8But the remote area electricity supply and the standby power generation paradigm is likely to be resolved sooner than later through renewable technology solutions.
Click on Reports for a detailed analysis. Details
Even as renewable energy emerges as a looming threat, the going is going to be good for the diesel generation set manufacturers for now.
8The diesel gen set growth will be at10% CAGR over FY17-20 after a subdued FY13-17, when industry volumes declined at a compounded annual rate of 5% (primarily due to a sharp fall in sales for telecom towers)
8The demand will be driven by higher volumes in the mid/high horse power (HP) segment; demand for low HP products is likely to remain subdued.
8Key end markets that are seeing a revival are Infrastructure (Roads, Metro Rail, Railways), Commercial (IT/ITES, Data Centers, Hotels, Hospitals, Educational Institutions), and Manufacturing (Pharmaceuticals, Automotive).
8Interestingly, less than 15% of the demand for DG sets is for prime power and 85-90% of the DG market is for backup power -- this implies that despite low power deficits, the need for DG sets would continue on account of insecurity of grid supply.
8Find out more on where various gen set manufacturers are placed in taking advantage of the booming markets ahead.
Click on Reports for more Details
8The diesel gen set growth will be at10% CAGR over FY17-20 after a subdued FY13-17, when industry volumes declined at a compounded annual rate of 5% (primarily due to a sharp fall in sales for telecom towers)
8The demand will be driven by higher volumes in the mid/high horse power (HP) segment; demand for low HP products is likely to remain subdued.
8Key end markets that are seeing a revival are Infrastructure (Roads, Metro Rail, Railways), Commercial (IT/ITES, Data Centers, Hotels, Hospitals, Educational Institutions), and Manufacturing (Pharmaceuticals, Automotive).
8Interestingly, less than 15% of the demand for DG sets is for prime power and 85-90% of the DG market is for backup power -- this implies that despite low power deficits, the need for DG sets would continue on account of insecurity of grid supply.
8Find out more on where various gen set manufacturers are placed in taking advantage of the booming markets ahead.
Click on Reports for more Details
