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Aug 2026

8Project Name: Palakkad & Thrissur District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details Details
8Project Name: South Goa District City Gas Distribution
8Project Cost: Rs 200 crore Click here for more details Details
8Suezmax earnings up 221%, VLGC up 187%, net profit at a record Rs 1,309 crore
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8Eighteen written submissions. A full Board. Adani's CFO on the line. And not a single entity in the room supporting the amendments.
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8Why India does not figure in this list of countries
8And which are the countries who matter when it comes to supplying into Europe Details
8Find out more
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For reference purposes the website carries here the following Newsclips (These are public domain newsclips and the website is not responsible for their content):
 8LNG carrier hit by Iranian attack in Strait of Hormuz Details
 8IOC raises $500 million under RBI swap window, may tap more funds Details
 8Exxon and Chevron's $26.5 billion quarter draws Trump's ire Details
 8Ukraine strikes Lukoil's Volgograd refinery as drone attacks resume Details
 8ADNOC unveils new crude pricing mechanism Details 
 8Shell sells Cyprus gas stake to MOL for $720 million Details
 8Oil prices inch higher as Iran strikes U.S. bases in Kuwait and Bahrain Details
 8Crude oil futures drop 3% on easing supply concerns Details
 8India's diesel and petrol sales rise in July Details
 8A 100% U.S. tariff sounds devastating. Giving up Russian oil could cost even more Details
 8Strait of Hormuz sees busiest shipping day in two weeks as LNG traffic resumes Details
 8LNG crisis drives import costs up Details
 8Commercial LPG cylinder prices cut by over Rs.200 Details 
8Samudra Manthan scheme to help India save Rs.1 lakh crore annually on energy imports, says Petroleum Minister Puri Details
 8Why does a 10 kg plastic LPG cylinder cost more than a 14.2 kg refill? Details
 8India fuel sales soar: Petrol and diesel up, LPG shifts to PNG Details
 8RBI's support limits rupee's decline despite oil price surge Details
 8Coal India's July production rises 8.4%, supplies hit record 64.2 MT Details
 8Arvind Kejriwal announces march to PM's residence on August 4 over E20 fuel, alleges ethanol imports to rise five-fold Details
 8Petrol could cost Rs.125/litre without ethanol blending: Government Details
 8Indian Oil rules out shift from Gulf crude despite regional conflict Details
 8ONGC plans 150 deepwater wells under Rs.84,084-crore Samudra Manthan Mission Details
 8Maruti Suzuki bets big on alternative fuel with Rs.561 crore CBG push; sees margin recovery ahead Details
 8Indian Oil to hire dedicated vessel to ferry LPG cylinders from Sri Vijaya Puram to all islands Details
 8India closely monitoring U.S. bill targeting buyers of Russian oil, says MEA Details
 8Indian Oil swings to loss as costlier crude bites Details
 8Assam Cabinet clears CBG Policy 2026 aligned with national model Details
 8GAIL to merge Konkan LNG with itself, eyes operational synergies Details
 8GAIL Q1 FY27 profit almost doubles to Rs.4,665 crore Details
 8PM urges energy independence amid West Asia crisis Details
 8Oil industry sees war windfall but girds for political blowback Details
 8Drill, baby, drill: India to fund Rs.650 crore per well for 60 deep-sea wells in bid to cut oil imports Details
 8Government plans big change in Indian Oil Board: Four MD posts instead of old structure Details
 8ONGC two Executive Directors superannuate effective August 1, 2026 Details
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CEA's 2023 safety rules set a 25-metre setback and a minimum crossing angle.
8A new report shows the real damage comes from kilometres of parallelism — and arrives as advice, not regulation.
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8What is going wrong?
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A 2014 regulation.
8A pending court case.
8A separation deadline of April 2027.
8All of it undone
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Every rupee came from a two-month gap between how GAIL prices what it buys and what it sells.
8How is to be fixed?
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8Oilmax’s bid to inherit Selan’s 2007 environmental clearance has been accepted and referred to the EAC.
8Six development wells were drilled before the field changed hands, leaving the committee to examine how the original 5–10-well approval and its environmental obligations will transfer to the new operator.
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8The 310-day mobilisation requirement and four-year operating commitment remain unchanged.
8The widening gap between procurement flexibility and execution rigidity is now the tender’s central tension.
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8OIL has selected Oil Field Instrumentation at Rs 88.94 crore for a digitally intensive mud-logging contract spanning 16 units and four years.
8Jindal’s Rs 133.75 crore offer sits 50.4% above L1 despite both bidders facing the same VSAT, staffing, redundancy and uptime obligations.
8The unresolved issue is whether the winning price reflects delivery efficiency or a much thinner allowance for operational risk.
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8The award was at 75% below L-2
8Does the difference reflects capacity advantage or aggressive assumptions?
8That is the eyebrow raising question
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1) OIL shifts Sadiya integrated drilling conference but leaves bidders a tighter post-clarification window
8OIL has moved the Sadiya integrated drilling pre-bid conference to 10 August while extending the query deadline to 6 August 2026.
8The bid closing date remains 20 August, cutting the post-conference preparation period from 16 to ten calendar days.
8For a single contract spanning drilling, cementing, completions and well testing, that unchanged deadline carries the amendment’s deeper risk.
 
2) ONGC pushes 869-phase offshore WBM tender ahead without easing performance risk
8ONGC has added seven days to bidding for its 869-phase offshore mud engineering and WBM chemicals contract.
8The revised calendar gives empanelled vendors more time to reconcile laboratory-backed formulations, dosages and an evaluation model capable of correcting their quoted price schedules.
8Yet the 48-phase inventory floor, 80% payment downside and overlapping LD exposure remain unchanged.
 
3) OIL’s Dandewala gas-processing expansion clears filing gate for EAC appraisal
8OIL’s proposal to raise Dandewala’s gas-processing capacity by 50%—from 1 MMSCMD to 1.5 MMSCMD—has been accepted and referred to the EAC.
8The committee will now examine a Rs 12-crore brownfield expansion that adds no drilling or operational manpower but increases produced-water generation from 60 KLD to 90 KLD, requiring a new 100-KLD treatment and disposal system.
 
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1) OIL builds a five-well UBD gateway but walls its consultant off from execution
8OIL is placing geomechanics, candidate selection and well design ahead of a five-well UBD campaign in Assam’s depleted reservoirs.
8The consultant will also write the execution tender and supervise the resulting operations.
8A conflict-of-interest restriction could determine which technology groups are willing to enter the advisory contest.
 
2) ONGC cancels Madanam-Thirunagari reserve audit
8This is because it re-wrote the fractured-basement model scope
8The unexplained reversal came only after ONGC accepted consultant protections on geological uncertainty and intellectual-property ownership.
 
3) ONGC’s Mehsana water-injection contest puts Chetankumar L1 at Rs 7.73 crore with a 27.3% price break
8ONGC’s three-year Mehsana package has produced an L1 quote of Rs 7.73 crore for ten integrated water-injection facilities.
8The next bidder is 27.3% higher even though the contractor must absorb water logistics, relocations, hazardous-area equipment and cloud monitoring.
8The crucial question lies in which operating assumptions created that unusually wide first-step price gap.
 
4) ONGC awards Pipavav LN? facility civil package to Jay Engineers at 8% above estimate
8ONGC’s Pipavav LN? infrastructure award has produced an L1 price exactly 8% above its civil estimate.
8Jay Engineers must deliver the PESO-linked enabling works within three months while carrying LD, warranty and dual performance-security exposure.
8The missing rival prices leave a larger question over whether the premium reflects market consensus or limited competitive pressure.
 
5) ONGC removes SFMS bid security as PCPP-2 corrigendum turns NeSL timing and PBG delay into rejection and termination risks
8ONGC has deleted the SFMS BG route for PCPP-2 bid security and made pre-closing NeSL execution a pass-fail condition.
8The same corrigendum converts an unapproved post-award PBG delay from a recoverable monthly charge into potential termination, EMD forfeiture and vendor-policy action.
8Yet a surviving SFMS reference and a warranty tail tied to the last commissioned unit leave two important risks unresolved.
 
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8Find out how contracting has to change for here on
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8That is where the big question is
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8The unit is small in capacity but demands integrated responsibility for purification, analysis, hazardous-area compression and control logic.
8The real story is whether India’s hydrogen-equipment market has enough vendors capable of delivering the entire chain under one warranty.
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8Find out what is going on
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8It is combining naphthenic base oils, white oils and carbon monoxide in one strategic market assignment, but only the carbon monoxide component must advance into a TEFR.
8The structure suggests that the R&D centre is testing more than demand; it is screening which opportunities can survive commercial and investment scrutiny.
8The real story lies in how three very different value chains will be ranked through one advisory mandate.
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8Find out wha tis going on
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1) BPCL asks one integrator to turn a 16-ton chassis into Manmad’s complete oil-spill command vehicle
8Find out more

2) HPCL converts Visakh Refinery’s FCC-NHT inspection register into one integrated turnaround liability
8HPCL has turned hundreds of FCC-NHT inspection observations into a combined lumpsum and unit-rate execution package at Visakh Refinery.

3) CPCL makes one 42-day ODC study decide how Group-II/III LOBS equipment can enter Manali Refinery
8The unresolved question is whether a lumpsum survey can fully price an equipment population whose actual dimensions and weights remain undisclosed.

4) BPCL’s SRU-2 extension points to participation pressure inside a five-vendor Kochi Refinery tender
8BPCL restricted bidding to five registered mechanical contractors and configured the portal to require at least three bids. The first three-day extension matches the GeM automatic-extension rule exactly. The second movement suggests that the participation question may not have ended with the portal-triggered relief.

5) BPCL extends MNV-11 bidding while Kochi Refinery’s September shutdown clock keeps running
8The tender has gained six calendar days, but the tentative September 16 shutdown remains unchanged in the supplied documents. Award, security submission and specialist mobilisation must therefore fit into a shorter downstream window. Whether BPCL can recover that time after bid opening remains unresolved.

6) IOCL makes a Rs 4.90 lakh Panipat scale answer for catalyst accounting inside a Zone 1 PP operating area
8The awarded equipment is a 300 kg electronic platform scale rather than an ordinary warehouse device. It must combine certified hazardous-area electronics, drum-counting and batch totalisation. The operational value lies in the records the scale will create, not merely in the weight it displays.

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8Get all the latest tenders announced across the oil and gas industry today.
8Discover new procurement opportunities from key public and private sector players.
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8A daily roundup of tender results in the oil and gas sector.
8Stay informed about contract awards, winning bidders, and project allocations over all oil & gas contracts.
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8Rather than sanctioning another ethylene train, Reliance is squeezing high-value petrochemicals out of existing assets. The executive question is whether India's largest petrochemical producer now sees debottlenecking as delivering superior returns to greenfield capacity.
8But do not be fooled, the company is building utility headroom for an integrated downstream expansion rather than a stand-alone optimisation.
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8The entire product slate—MTO, industrial solvents, thinner, benzene and toluene—is aimed at chemical manufacturing rather than transport fuels, highlighting where small downstream investments are heading.
8Clearly, there is a growing trend of extracting commercial value through purification and fractionation rather than conventional refining.
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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8LPG
8Ammonia
8Coal & Coke
8All tankers
8Bulk and Dry cargo
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8Here's what's happening today in the E&P, midstream-downstream, and CGD section
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8Project Name: Burdwan District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details Details
8Project Name: Malappuram District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details Details
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