All content in this website is sourced legitimately

Archives

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

Sep 2017

For reference purposes, the website carries here an ingenious region-wise gas pipeline intensity mapping of India.
The data is split up into the following components:
-- Region-wise percentage of total gas pipeline network
-- Percentage of consumption
-- States with and without pipeline infrastructure and gas consumption
-- States lacking or have inadequate pipeline infrastructure
Click on Reports for more Details
Which are the locations in India best suited for small scale LNG gasification terminals?
8Find out more on the kind of technology now available to cater to smaller parcels of demand
8The biggest challenge however will be to put together a local pipeline network and other accompanying demand pull measures
8A terminal will have to necessarily have its accompanying pipeline network.
8Truck loading of LNG is a big opportunity as well
8Almost all small scale LNG terminals will now come with truck loading facilities.
Click on Reports for more Details
For reference purposes, the website carries here a detailed projection of global sub-sea tree awards.
8The annual data goes up to 2021
8The volume of awards will double in 2017, according to latest estimates
8The size of the pie will continue to grow rapidly up to 2021
8The data is further split up region-wise for easier referencing
Click on Reports for more Details
For reference purposes, the website carries here the fall in deepwater breakeven cost in key basins around the world between 2015 and 2017
8Most breakevens are now below $50/bbl
8In some cases, the breakeven has come down to $ 40 or even less
8Also find out more on how deepwater consultants are engaging much earlier with clients to deliver better results. The interactions are now beginning at the Gate-1 levels. well before FID
8This has lead to faster project development and an earlier resolution of project scope and uncertainty and assurance of delivery within FID limits
Click on Reports for more Details
All eyes in the global deepwater E&P contracting industry is now focused on India
8The website carries here a survey of active deepwater contracts outstanding globally.
8There are two SURF tenders now open in India.
8Incidentally, India is among just a handful of countries globally with active SURF tenders as of now
8A spate of SURF awards are anticipated in the first half of 2018
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Smart Level Transmitters at refinery Details
8EIA and RA study for Guwahati-Silchar-Imphal Pipeline Details
8Procurement of O-Rings for SDU Slurry Pumps at refinery Details
8Expert services for DHDT feed pump vibration system at refinery Details
8ARC for Fabrication of Pipeline and other structurals for Maintenance and Process Modification jobs in Refinery Process units Details
8ARC for Heat Exchanger /Cooler /Reboilers /Condenser /Air Preheaters/ Finfan Coolers Overhauling and Testing Jobs Details
8Supply of Seamless Pipes Details
8Sampling and Testing of Treated Effluent as per notified standards of Ministry of Environment and Forests Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Credit metrics of Indian Oil, BPCL, HPCL to improve in FY18: Moody’s Details
8Gas turbine maker Mitsubishi Hitachi sees strong demand in SEA Details 
8Alphons Kannanthanam’s thoughtless remark on petrol price reveals the mindset: Our rulers needn’t care what we think Details
8BHP pressed to quit Australian mining lobby over climate views Details
8IOC pays Rs 2,935 crore to Odisha Govt towards VAT payment of Paradip Refinery Details
8Oil major Total steps up renewables drive with EREN, GreenFlex deals Details
8Crude oil near five-month high as Middle East producers stick to cuts Details
8India’s Bharat Oman Refineries buys first US crude for November arrival: Sources Details
8India’s Oil majors to lift borrowing to cover dividends, Capex Details
8Ministry wants ONGC chief for just a year, with quarterly review Details
You can also click on Newsclips for more    Details
8Project Name: Refinery BS-VI Diesel Hydrotreater Upgradation
8Project Cost: RS 1032 Crore
8Project Description: An existing company along with EPCM contractor and licensor is carrying out construction activities to install a new Diesel Hydrotreater Unit (DHDT) of 0.7 MMTPA to produce BS-IV grade HSD in its refinery. At present installation work is going on.
8Project Event: RFQs for Pre-commissioning & Commissioning contractor is expected by November 2017.
8Expenditure Approval : Q1:2015
8RFQ Date : Nov/2017
8Release Date: Dec/2017
8Start Date : Q2:2016
8Completion Date : Feb/2018
Click here for more details
8Project Name: Floating Production Storage and Offloading.
8Project Cost: Rs 6500 Crore
8Project Description: Promoter is planning charter hiring of a turret moored FPSO. The peak production rates to be envisaged from the project are 14000 m3/day of oil & 4 MMSCMD of gas. The expected lease term for the FPSO is 9 years fixed and 6 years additional as an option. The design life of FPSO should be 20 years. A notice regarding the pre-qualification criteria was floated from promoter's end regarding the project. Further RFQ's for the project are expected shortly.
8Project Event: Tender for the hiring FPSO is expected by November 2017.
8Expenditure Approval: Q2/2016
8RFQ Date: Nov/2017
8Release Date: Dec/2017
8Start Date: Jun/2018
8Completion Date: 2020
Click here for details Details
8Project Name: Thermal Power Maintenance Project
8Project Cost: 18 crores
8Project Description: The owner has planned a 21 days scheduled maintenance of Unit-1 (250 MW) in the 1500 MW Thermal Power Station covering an annual overhaul of equipment which includes overhauling of auxiliary parts of turbine, boiler, condenser, generator comprising HP, IP, LP cylinders gas testing, testing and cleaning of condenser parts, Residual Life Assessment of boiler pressure parts, assessing performance and condition monitoring of furnace, mills, APH and associated ducts.
8Project Event: RFQ of an annual maintenance equipment is expected by last week of September 2017.
8Expenditure Approval: Q2:2017
8RFQ Date: 26/Sep/2017
8Release Date: Oct/2017
8Start Date: 1/Dec/2017
8Completion Date: 21/Dec/2017
  Click here for more information
8Project Name: Thermal Station - FGD Addition
8Project Cost: Rs 500 Crores 
8Project Description: The owner is planning to install FGD unit at its 500 MW (2*250 MW) Thermal Power Station. The FGD would be installed for its currently running units, i.e Unit-3 and Unit-4 of 250 MW each. RFQs for same are expected to be floated within a month.
8Project Event: RFQ for FGD (Flue Gas Desulfurization) unit are expected by the end of September 2017.
8Expenditure Approval: 2016
8RFQ Date:Sep/2017
8Release Date: Q4:2017
8Start Date:2021
8Completion Date: 2022
  Click here for more information
Details
8Project Name: Development Drilling
8Project Cost: Rs 370 Crore
8Project Description: Promoter is planning development drilling of 37 wells in Mining Lease Block. The project is listed out as an expansion project for the already existing 20 wells development drilling project. Currently, the well fluid collection and testing facilities for the oil field are located in the vicinity, each having a Gas processing capacity of 1 MMSCMD and 0.4 MMSCMD respectively. Further RFQ's for the project are expected shortly.
8Project Event: RFQ's for hiring the consultant for EIA studies is expected by November 2017.
8Expenditure Approval: Q4/2016
8RFQ Date: Nov/2017
8Release Date: Dec/2017
8Start Date: Jun/2018
8Completion Date: Q2/2021
Click here for more details Details
The buoyant market seems to have lifted sentiments in the Indian shipping market as well.
8There is a "buy" recommendation going on Great Eastern Shipping Company.
8It is one of the rare local companies which has weathered the storm well so far
8While the offshore oil rigs and supply vessel market is still in doldrums, there are now signs of an all-round improvement -- in terms of order book and asset prices -- in the shipping market
Click on Reports to know more Details
8A business development opportunity is likely to come up soon for a  Rs 26 crore LPG bottling plant expansion. Click on Report for more.
8Indo-EU cooperation, a full paper. Click on Report for more.
8Sterlite fiber optic cables deployed in India's longest natural gas pipeline. Click on Report for more.
8Find out more on below investment grade ratings for GOL Offshore Ltd and Gammon India. Click on Report for more.
8Baroda Equipment and Vessels Pvt Ltd, manufacture static process plant equipment for oil refineries, gas processing plants and offshore oil & gas platforms, has put together an ambitious plan to capture more market share. Click on Report for more.   Details
A business development opportunity is coming up for a new Rs 9000 crore 3 MMTPA refinery expansion along with the feasibility of a petrochemical unit
8There will be a need for augmentation of the crude pipeline capacity, at a cost of an additional Rs 300 crore
8The configuration will involve new process units such as Atmospheric and Vacuum Distillation unit, Once through Hydrocracker unit (OHCU), Full Conversion Hydrocracker (HCU), Diesel Hydrotreater (DHDT), Delayed Coking Unit (DCU), Isomerization unit (ISOM), Solvent Deasphalting unit (SDA), Sulphur recovery unit (SRU), Hydrogen Generation unit (HGU), Resid Hydrocracker such as H-OIL, LC fining, Slurry Hydrocracker, Petrochemical unit such as Poly-propylene, Phenol, Propylene oxide, Propylene recovery unit (PRU) and Revamp of existing RFCC.
8RFQs are expected from early 2018 onwards
Click on Reports to know more Details
The website carries here a write up on the new OSMR LNG process technology that is being held up for use internationally by its creators.
8According to its proponents, the technology centers on delivering four key principles: the industry’s lowest full cycle cost; optimized plant energy efficiency; shortened development and construction schedules; and an overall smaller ecological impact footprint, including reduced carbon emissions, with no additional technology risk relative to other proposed projects.
8The technology providers are looking to contract on a fixed-price, turnkey basis using LNG industry experienced EPC contractors.
8The modular construction approach and consistent use of EPC contractors allows repeatability with respect to the OSMR® liquefaction trains, further improving economics.
"Our preference for modular fabrication translates into inherently safer construction and reduced on-site labor while providing a high degree of quality and schedule control," claimed the proponent.
Click on Reports for more Details
Ship owners of dry bulk carriers are cheering the latest surge of the Baltic Dry Index (BDI), which reach a 34-month high on Monday.
8Industry watchers are now trying claiming that the worst is over for the industry
8The Baltic Dry Bulk Index having reached a 34 month high and with some routes on the Capesize Index having reached a three-year high
8Most of the market increase has been driven by the increased activity noted in the coal and iron ore trade, with China as the main driver.
Click on Reports for more Details
In today’s market, there are more willing sellers than buyers, which is a contributing factor as to why there have been no long-term LNG offtake contracts of size signed since early 2014. The current LNG oversupply allows buyers time to probe sellers on their willingness to diversify from traditional pricing structures, to adjust contract tenors, and to agree other buyer friendly terms.
8These efforts have slowed long-term contracting activity.
8The situation has been further challenged by the sheer number of sellers seeking to engage in offtake negotiations with buyers.
8In a recent LNG tender in Bangladesh, this website had reported earlier that there were as many as 39 bidders.
8The reality is that nothing can prevent hopeful developers from proposing offtake terms to buyers despite the immaturity of the associated projects and unsubstantiated pricing constructs. These speculative proposals cloud the commercial landscape for buyers looking to contract for new LNG volumes with viable projects on bona-fide terms and conditions.
8In this highly competitive market, buyers face the challenge of assessing both the economic opportunity of a proposal as well as the probability that a developer’s proposal achieves a positive FID and becomes operational.
8For a willing buyer, long-term liquefaction offtake agreements represent financial commitments in the billions of dollars, which is a significant commitment for any company to make. When considering these issues and the magnitude of the financial commitment offtake contracts introduce, buyer’s diligence is understandable and patience on the part of sellers is a virtue.
Click on Reports for more Details
What really is going on in the LNG market? Here is a realistic profile.
8During 2016, only 5.9 MMTPA of incremental LNG capacity reached FID -- 70 percent below 15 year averages. 2017 will likely be even quieter for new supply FIDs.
8Pertinently, only 10 percent of the 900 MMTPA of proposed new capacity has the potential to reach FID prior to the end of 2019.
8Given these circumstances, the number of projects capable of delivering LNG into 2022 are very limited.
8This current constricted trough of new entrant investment decisions creates a massive opportunity to lead the next wave of LNG supply sources.
Click on Reports to find out more on this line of argument. Details
In recent discussions with Bangladesh in Guwahati, Indian government officials have outlined a 6,900 km trans-border gas pipeline project
8Indian officials are also looking at promoting a fertilizer plant in Tripura will logistical access via Bangladesh
Click on Reports for more Details
The role of LPG is clearly expanding in India beyond being a household cooking aid
8To what extent can LPG be an alternative energy source and fuel?
8Can LPG be a viable fuel for the automotive market, and not just for passenger cars but for heavy duty vehicles & public transport? Or has the advent of electric motors killed off that route already?
8Is there a role for LPG as an alternative heating option?
8In some countries, but not in India, there is the possibility of LPG displacing diesel as a power generation fuel
8There is also a need to investigate LPG use as a marine fuel in the light of new emission control norms
8A new LPG lobby, like the LNG lobby, is  in the making to increase public awareness of LPG capability and as a green solution
Click on Reports for more Details
The shift to LPG has been fueled by projections of US LPG supply backed by cheap Henry Hub-linked gas prices.
8As recent decisions in India shows, a case is now building up for  petrochemical firms to switch the feedstock slate away from naphtha
8It is not going to be an easy battle however
8The cost of transporting LPG to inland markets will destroy some of its value relative to naphtha
8LPG use will be more geography specific, perhaps
8And the battle is far from being won
Click on Reports for more Details
GAIL and RIL are now propounding the LPG route to produce petrochemicals.
8And this has sparked a naphtha vs. LPG debate, and the demand-supply and pricing dynamics surrounding the two.
8In this context, it is important for Indian players to find out more on the evolution of the light distillates market size in the short and long term along with growth rates
8What are the challenges to market growth of LPG? What are the key LPG market trends?
8The increasing use of LPG has put the focus on naphtha more sharply than before. The latest demand-supply trends show that there is a likelihood of global naphtha oversupply until 2020 but shortages loom after that
8What are the key factors that can impact petrochemical naphtha demand going ahead?
8What is the outlook for naphtha supply, and future use of naphtha and blending in different regions?
8There is also a need to assess C4 products needed to ensure naphtha cracking is competitive
8There is also the question of what can producers do to keep naphtha margins healthy given petchem feedstock competition?
Click on Reports for more Details
Is there a need for more transparency in the tariff fixation process adopted by the PNGRB?
8The answer seems to be a "yes".
8More often than not, the capacity assessment of a pipeline is not carried out properly by the regulator and this impedes stakeholder response to web-hosted tariff determination exercises.
8The PNGRB needs to appreciate the fact that this volume divisor is the key ingredient in tariff fixation.
8Inadequate coverage is given by the regulator to system use of gas and unaccounted gas.
8Then again, the inflation rate adopted is not well appreciated and there is a need for greater enunciation of how such rates are arrived at how future capex will be impacted.
8Future capex projections are required to have more details than is given by the regulator.
Click on Reports to know more Details
Till last week, the technical outlook on ONGC looked extremely bullish on the back of rising crude prices and there were strong buy recommendations on the scrip.
8But that was before the petrol and diesel price hike become a political hot potato.
8If prices continue to rise and the government is unwilling to roll back taxes, oil companies, both upstream and downstream -- will end up sharing the burden as the government will seek to smoothen the blow on ordinary drivers. The under-recoveries will roll over from downstream to upstream companies
8Given the higher tax burden, the cut-off point at which crude will have to be subsidized when sold to oil marketing companies would go down for ONGC and OIL.
8And that will turn will have wide-ranging implications for the public sector upstream companies
Click on Reports for more Details
The Rohingya refugee crisis has highlighted once again the risks of doing business in Myanmar for Indian companies
8Nevertheless, India is trying to forge a deeper relationship with its neighbour through its Look East policy.
8Find out more on what can be done in Myanmar, including more on the ambitious Kaladan Multimodal project.
8Also know more of the 10 areas that Myanmar has flagged for investments by foreign companies
8On the oil and gas front too, foreign non-Chinese companies have begun making inroads.
8Is it time for Indian companies to wade in deeper?
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Mass Flow Meters Details
8Providing Material Handling Services for DHDS Revamp Project at refinery Details
8Procurement of Hydrogen Peroxide at refinery Details
8Supply of Pilot Operated Relief Valves Details
8Hiring of services for Calibration of Master Test Equipment of Instrumentation Department Details
8Laying of cross country product pipeline and other associated works under Koyali-Ahmednagar Pipeline project Details
8Corrigendum: Coal Gasification Plant at Talcher Odisha for Talcher Fertilizers Limited Details
8Notice for open plots for setting up CNG Stations in Cuttack and Bhubaneswar city Details
8Civil works at drill site GKIS_H in Geleky area Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Government may offer control of ONGC oil fields to private players Details
8Fuel prices may come down by Diwali: Pradhan Details 
8Ujjwala Plus: Sponsor LPG connection, get tax relief Details
8Energy traded Vitol raises Kazakhstan's cash-for-oil deal to $5 billion Details
8U.S. natgas futures hit more than 3-month high as cooling demand rises Details
8Maharashtra, Gujarat and UP gained the most from petro taxes Details
8PM Modi to meet FM Arun Jaitley, officials to review economic situation tomorrow Details
8OVL consortium granted extension for Azerbaijan oilfield field up to 2049 Details
8Withdraw policy on daily revision of fuel prices, DMK urges PM Modi Details
8Shell restarting Deer Park, Texas, joint-venture refinery -sources Details
8Oil markets firm on rising refinery demand, falling U.S. rig count Details
8O.G. Oil & Gas intends to buy majority stake in New Zealand Oil & Gas Details
You can also click on Newsclips for more    Details
The government's unwilling to bring down tax rates in the petroleum sector has suddenly shifted the limelight back to the oil marketing companies (OMCs).
8Riding high this year on buoyant GRMs, they were meant to post record profits but that was until crude oil price increases have begun to carry a political bite
8One thing is however clear: expansion in marketing margins can be ruled out for now even if under-recoveries are not invoked.
8The government’s intention to retain higher excise duties despite a sharp increase in retail prices of auto fuels could well mean that, eventually, there will be pressures on OMCs to absorb the hike if the political cost turns out to be too expensive.
8Any further increase in global crude/fuel prices coupled with a depreciation of Rupee against the US dollar will make things worse, as the government will be required to manage both fiscal balance and inflation simultaneously.
8The hit will come on the OMCs and eventually on the upstream companies
8Burden sharing will return with a vengeance despite furious denial for now by the political masters
Click on Reports for more Details
RIL has asked for the refund of the higher tariff charged from the South Gujarat gas network by GAIL despite the lower provisional tariff order issued by the PNGRB.
8The regulator has also been asked to decide on whether GAIL has the authority to charge a 3% annual escalation on domestic gas supplies through the local Gandhar network, which is a part of the South Gujarat gas network
8RIL also wants supply of gas through the Ramol-Naroda pipeline, through which gas is not being supplied even though gas is available in ONGC's Ramol field due to pipeline integrity problems
Click on Reports for more Details
August 2017 witnessed a steep 6.1% YoY crash in fuel consumption, the biggest decline since April, 2003.
8While fuel consumption growth has trended down during 2017 versus the highs observed last year, the intensity of the dip in August came as a surprise
8Was high base and, monsoon disruptions the reason why there was such a sharp decline in consumption?
8Is lower POL consumption going to be the norm or the exception for the rest of the year in an economy wresting with the impact of demonetization and the implementation of GST?
8Or is it an aberration and consumption will recover quickly?
Click on Reports to find out more Details
8After a case of late submission of documents in one case, ONGC has decided to appraise all vendors in pre-bid meetings on the modifications in the document submission list. Click on Report for more.
8A business opportunity exists in the capacity expansion of a molasses based distillery expansion from 45 KLPD to 120 KLPD along with the 5 MW capacity expansion. Click on Report for more.  
8The shipping industry has two years to choose from a bad set of options ahead of the introduction of new International Maritime Organization caps on the sulphur content of bunker fuel. Click on Report for more.
8Liquefied natural gas carrier spot rates are expected to surge. Click on Report for more.
8Find out more on how Punjab is evolving into a big biomass energy producer. Click on Report for more.
8Find out more on one of the world's largest fire and blast protection company with a presence in India. Click on Report for more.
8Key analysis on why oil & gas stocks have been in demand of late and how mutual funds continue to buy into them. Will the party last? Click on Report for more.
8India's foreign trade: Data and Analysis for July, 2017. Click on Report for more.
8Find our more on how BPCL wants to become the top 25 oil companies in the world through mergers with fellow public sector companies as well as its Rs 1.08 crore capex plans. Click on Report for more.
8More business is expected for seismic survey companies now that the cabinet has approves further surveys of unappraised sedimentary basin areas in India. Click on Report for more.   Details
Increasingly, companies across sectors and geographies are turning to an internal carbon price as one tool to help them reduce carbon emissions, mitigate climate-related business risks, and identify opportunities in the transition to a low-carbon economy.
8Establishing a carbon price across a company can help internalize the cost of greenhouse gas emissions by assigning a monetary value to each ton emitted.
8The analysis carried here describes the business case for internal carbon pricing, the different internal carbon pricing approaches used by companies, and key lessons learned, including: the multiple business benefits of an internal carbon price, the importance of embedding the price in a company’s business strategy, and the benefits and challenges of different types of pricing strategies.
8For reference purposes, the website carries here the benefits of carbon pricing in three representative companies, including one big Indian company.
Click on Reports for more Details
The website carries here detail of the devastating impact on a large Indian shipping company of the downturn in charter hire rates of offshore supply vessels and rigs
8The current phase is the worst in the 30-year history of the country.
8The problem is that there are no signs of improvement. The OSV market is projected to remain under pressure in the short and medium term. Market oversupply remains the key  challenge and this is expected to keep overall vessel utilization at weak levels even in the event of a pick-up in demand as a result of an increase in oil prices.
8Global oil demand is projected to outpace production over the range of 2017 by 1.8 m bpd, which will help to offer further support to global oil price. However, this may not translate into increased charter rates for vessels for now.
8The slowdown in the offshore market is evident from the reduction in the number of deployed rigs (Onshore & Offshore)  from 3578 in 2014 to 1962 in 2017 (a reduction of over 45% in last three years).
8Firing workers is not the preferred way of working for Indian companies.
8Instead this particular company has decided to impose salary cuts, ranging from 5 to 35%, depending upon the income slab.
Click on Reports for more Details
The ceramic industry, one of the biggest buyers of gas, is poised for a dramatic change after the imposition of the GST regime.
8Currently, 60% of domestic tiles volumes are controlled by the unorganised players, out of which a large portion has been able to compete mainly by avoiding payment of taxes. Complete audit trail of transactions under the GST regime would make it extremely difficult for these players to avoid taxes any more. It is estimated that 10-20% of the unorganised players would be out of business in due course.
8This should benefit large organised players, who are consumers of gas, and gas suppliers in turn.
8Find out more on what will propel the ceramic industry to rapid growth in India and why gas suppliers need to target this market better
Click on Reports for more Details
A company plans to turn a defunct LPG recovery plant into a LNG-based petrochemical plant at an investment of a massive Rs 7000 crore
8Imported LNG based petrochemical production is the new route that is being increasingly investigated by Indian players.
8The items which will be manufactured are propylene and polypropylene based around a propane hydrogenatation unit
8Storage and offsite details are given here.
8RFQs are likely to be circulated soon
Click on Reports for more Details
China is all set to transform itself into the world's largest offshore wind energy market
8By the end of 2016, China’s total installed offshore wind power capacity stood at 1.6 gigawatts, trailing only the UK’s 5.2 GW and Germany’s 4.1 GW
8Expected Chinese installations will top approximately 7 GW by 2020, including 3.2 GW of new projects that were under construction as of August 31, 2017.
8The investment required for constructing and running installations that will generate 7 GW is estimated at a massive $27bn-$32bn
8This provides a huge market for hiring offshore vessels and related equipment including O&M requirements, as that makes up 8%-12% of costs
8In comparison, the Indian market is yet to kick off, though coastal Indian waters have stronger wind potential. The Chinese example should policy planners to quickly evolve the right institutional framework to promote offshore wind energy in India
Click on Reports for more  Details
The website carries here the latest details of the total global portfolio of LNG liquefaction plants and regasification plants
Details are given in the following manner:
8Total liquefaction and regasification plants under operation (one of them has been switched off)
8Under construction, including several where construction has been suspended
8Planned, of which majority are either suspended or canceled as of now
8Proposed or under study, including two in India
8The data makes for very interesting reading
Click on Reports for more Details
When crude prices were at its lowest in 2016-17, tax collections from the petroleum sector went up by a massive Rs 90,000 crore to top Rs 4.40 crore
8The website carries here a full explanation of the economic dynamics of petroleum taxation in India under Modi government
8A comprehensive analysis of the duty structure is carried here. The central taxes on these products range from Rs 21.5-Rs 22.7/ltr for petrol and 17.3-19.7/ltr for diesel. Additionally there are state taxes which vvary for petrol from 20% in Mizoram to 48% in Maharashtra (Mumbai). In case of diesel it varies between 12% in Mizoram and 38% in Madhya Pradesh. While the central taxes are on the basis of per litre (specific) , state taxes are ad-valorem and would tend to increase the final retail price when the base crude oil price changes.
8What happens if crude prices were to go up by $5/bbl?
8This will involve Rs 50,000 crore of funding from the government through enhanced subsidy in case prices were to remain neutral with the government fully absorbing the price shock.
8Alternatively it has to be absorbed by the consumers or by the oil companies in proportion to what is passed on.
Click on Reports for more Details
RGTIL has a big interest in tariff fixation exercises carries out by the PNGRB.
The company says that tariff rate determination exercise should include:
8Future capex
8Long term inflation rates
8Unaccounted gas on normative basis
8Maintenance shutdowns by the pipeline and by end consumers
Click on Reports for more Details
 Environmental clearance has been granted in September 2017 for a new Rs 6000 crore ammonia-urea complex.
8The clarification process is currently on to select the LSTK against a tender and a contractor is likely to be finalized in October 2017.
8Construction work is likely to be started in Jan 2018.
8There will be a requirement for 2.20 mmscmd of gas
Click on Details for more, including key contacts Details
Annual Maintenance Project 
8Cost - Rs 30 Crore
8Project Description: A  big DAP unit is planning an annual shutdown maintenance in May or June 2018 for its fertilizer complex. Pre-Vendor Qualification may be needed
8Project Event: Tender for Annual Maintenance Contract is likely to be released in January or February 2018
Click here for more information
Annual Maintenance Project 
8Cost - Rs 34 Crore
8Project Description: Another fertilizer company is planning an annual shutdown maintenance in May or June 2018 at their existing fertilizer complex. The existing capacity is made up of 650 MTPD of Ammonia, 1600 MTPD of Urea and a 30 MW of Captive Power Unit. Pre-Vendor Qualification is necessary for maintenance contractor
8Project Event: RFQs for Annual Maintenance Contractor is likely to be released in February 2018
Click here for more information Details
8Project Name: Drilling Site Hydrofracturing
8Project Cost: Rs 2 crore
8Project Description: Promoter is planning hydraulic fracturing in the onshore area . The reservoir characteristics of the fields of Asset has wide variations ranging from shallow depth to depth more than 2000m. The requirement from promoter's end for Hydrofracturing services will be for lightweight ceramic/sintered bauxite proppant having a preferable mesh size of 20/40 or 16/30 or 12/20 respectively. An annual requirement of 1000 MT of proppant is expected from promoter's end.
8Project Event: RFQ's for the proppant is expected by October End 2017.
8Expenditure Approval: Sep/2017
8RFQ Date: Oct/2017
8Release Date: Nov/2017
8Start Date: Q1/2018
8Completion Date: Q1/2018
Click here for details
8Project Name: Refinery BS-VI Greenfield Project
 8Project Cost: RS 513 Crore
 8Project Description: As per existing company along with EPCM contractor and licensors is planning to construct an IndselectG unit with a capacity of 80 KTPA to reduce sulfur from the light gasoline and coker gasoline for making MS components to meet BS-VI MS pool specification at its refinery.
 8Project Event: RFQs for procuring equipment is expected by mid of November 2017.
 8Expenditure Approval: Q3:2017
 8RFQ Date: Nov/2017
 8Release Date: Jan/2018
 8Start Date: Jan/2018
 8Completion Date: Q1:2021
Click here for more details Details
8Project Name: Greenfield Thermal Power Project
 8Project Cost: 4900 crore
 8Project Description: The promoter along with consultant is carrying out the final EIA study activities for environment clearance of a greenfield 600 MW (150*4) project. The project is based on CFBC technology, using domestic coal and coal washery reject as a fuel. TOR has been granted on 1st April 2013 and after its expiry, extension of validity of TOR was granted. One season baseline data has been collected from March 2017 to May 2017 as the earlier baseline report which was more than 3 years old. The proponent is yet to apply for re-diversion of 29.09 ha of forest land for setting up of the project. Environment Clearance is likely to be elicited by next 5-6 months.
 8Project Event: RFQ for an EPC contractor is expected by March 2018.
 8Expenditure Approval: Q4:2017
 8RFQ Date: Mar/2018
 8Release Date: Jun/2018
 8Start Date: Aug/2018
 8Completion Date: May/2022
 Click here for more information
 8Project Name: Greenfield Hydroelectric Project
 8 Project Cost: Rs 3800 Crores approximately
 8Project Description: The owners are planning to construct a 380 MW hydroelectric plant through their joint venture. The DPR has recently been prepared and the proponents are expected to apply for further clearances shortly. RFQs are being accepted for control and instrumentation equipment and RFQ for civil work is likely to be floated by the last quarter of 2018. 
 8Project Event: RFQs are being accepted for control and instrumentation equipment. 
 8Expenditure Approval: 2012
 8RFQ Date: Q4:2018
 8Release Date: Q2:2019
 8Start Date: 2019
 8Completion Date: 2024
 Click here for more information Details
For reference purposes the website carries here the following tenders:
8Hiring the Services of Surface Production Facility Packages for OIL's operational area in Assam and Arunachal Pradesh Details
8Civil works at drill site LKGP_H in Lakwa area Details
8Global Expression of Interest from national/ international manufacturers/ suppliers interested in supplying various products to ONGC Details
8Civil works at drill site DGAA_A and DGDG in Demualgaon area Details
8Statutory Testing of LPG pipelines at Indane Bottling Plant Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8CEA briefs Modi on economy Details
8Petrol, diesel price rise saga explained Details 
8Fuel price pinching? This is what global oil market trend signals for the days ahead Details
8HPCL eyes Rs 61,000 crore capex in 5 years, merging MRPL with self Details
8India's state-owned GAIL hires French Total ship to ferry US LNG Details
8Need tax uniformity on petroleum products, says Dharmendra Pradhan Details
8Who gained from falling oil prices? Details
8BPCL eyes government stake in GAIL India for Rs 18,000-20,000 crore Details
8Bring petro products under GST: Oil minister Pradhan Details
8Oil price hike will even out in long term: HPCL Details
You can also click on Newsclips for more    Details
An existing company is planning an amendment in their proposal for setting up a greenfield Ammonium Nitrate project in India.
Following are the amendments
8A change in the name of the company
8Change the capacity of proposed Ammonia plant to 500 MTPD in place of 380 MTPD
8The projected investment cost is around Rs 1750 crore.
8The requirement of power is about 8.5 KWh.
8The Natural gas requirement is about 840 SCMD
Following are the requirement of infrastructure
8Speaking to this website, sources said that proposal for terms of reference has been granted. However tender preparation has not started yet, and it will take a minimum 3 to 4 months more before RFQs for an  LSTK contractor will be released,
Click on Report and Details for more Details
Annual Maintenance Project 
8Cost - Rs 40 Crore
8Project Description: A Fertilizer company is planning to take annual shutdown in May or June 2018 in its fertilizer complex. The existing capacity of the complex is 270000 MTPA of Sulphuric acid, 125000 MTPA of Phosphoric acid, 606100 MTPA of DAP and 115000 MTPA of Single Super Phosphate. There is also a 6 MW cogeneration captive power unit respectively. A contractor will be employed to survey the maintenance work required before a shutdown is taken. Greenstar goes through a prequalification process in case a contractor wants to participate the bidding process.
8Project Event: Tender for the annual maintenance contractor is likely to be released in January 2018
Click here for more information
Ammonia- Urea Annual Maintenance Project
8Cost - Rs 40 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in June or July 2018 at its Ammonia-Urea Fertilizer Complex. The existing capacity of a complex is 1200 MTPD of Ammonia, 2167 MTPD of Urea and 30 MW Gas based Captive Power Unit. Maintenance will be carried out in one plant and after its re-start in the other one. Pre-Vendor Qualification is necessary for a contractor who wants participate in the maintenance program.
8Project Event: RFQs for Annual Maintenance Contractor is likely to be released in February 2018
Click here for more information
Annual Shutdown Maintenance Project
8Cost - Rs 30 Crore
8Project Description: A Fertilizer company is planning an annual shutdown maintenance in April or May 2018 at their existing fertilizer complex. The existing capacity of 1245 MTPD of Ammonia, 2046 MTPD of Urea and 12 MW of Captive Power Unit. Pre-Vendor Qualification may be needed
8Project Event: Tender for Annual Maintenance Contract is likely to be released in January or February 2018
Click here for more information   Details
For reference purposes the website carries here the following tenders:
8Hiring of services for Micro-seismic HF Mapping in 12 wells of Western Onshore area Details
8Hiring of services of operations for work over Rig ROM-II for a period of three years Details
8Hiring of services for providing and erecting earthing on Work Over Rigs at Ankleshwar Asset Details
8EOI for Reconnaissance Survey, Detailed Engineering Survey, Topographical Survey & Geotechnical Investigation etc. for establishing ROU in ROW Details
8Carrying out Hot & Cold jobs, Maintenance of HE/AFC, Column/ Vessels, Furnace and other maintenance jobs in DHDS unit shutdown at refinery Details
8Carrying out External Safety Audit for CUGL facilities for City Gas Projects Details
8Hiring of services for transportation of 3000 MT Propylene Details
8Supply of Natural Gas/ RLNG for Non-Urea Activity Details
8Reconditioning of valves installed in suction and discharge of VGO-HDT make-up Gas compressor at refinery Details
You can also click on Tenders for more   
For reference purposes the website carries here the following Newsclips:  
8Fitch expects fuel demand to remain strong at 5% Details
8Government may quit oil & gas management panels Details 
8As states agree to cap VAT on natural gas at 5%, uniform petroleum tax may not remain a distant dream Details
8End of the road for 10-year-old diesel vehicles in NCR Details
8India's August Iran oil imports drop to lowest in 18 months Details
8India's wholesale inflation in August accelerates to 3.24 per cent Details
8India's GDP to remain below 6 per cent in Q2 FY'18: SBI report Details
8Petroleum products inclusion in GST only way for rational fuel prices: Dharmendra Pradhan Details
8Oil holds gains, buoyed by hopes for robust demand Details
8Vietnam police widens probes into oil and gas giant company Details
8India plans larger oil auctions as Narendra Modi pursues import cuts Details
8Premier Oil seeks buyer for stake in North Sea Babbage gas field Details
8BPCL board approves amalgamation with Petronet CCK Ltd Details
You can also click on Newsclips for more    Details
8Project Name: Hydroelectric Greenfield Project
8Project Cost: 20140 crores
8Project Description: A joint venture company along with the consultant is carrying out the DPR activities for the environment clearance for a 1800 MW (8*216 MW+2*36 MW) greenfield multipurpose hydel project. TOR was accorded on 5th June 2014 and after its expiry, an extension of validity of TOR was granted on 22nd May 2017. Clearance from CEA, CWC, and GSI has been accorded but the issue of Flood Moderation apportionment is not resolved by the Government of India and clearance from CSMRS, R&R, Public Hearing, EIA report and capital approval are awaiting. Environment Clearance is likely to be elicited by the 4th Quarter of 2018.
8Project Event: RFQ for an EPC contractor is expected by 1st Quarter of 2019.
8Expenditure Approval: Q3:2018
8RFQ Date: Q1:2019
8Release Date: Q2:2019
8Start Date: Q2:2019
8Completion Date: Q4:2025
 Click here for more information
 8Project Name: Hydroelectric Power Station Maintenance
8Project Description: The owner is planning to carry out annual maintenance at their 412 MW (6*68.67 MW) Hydroelectric Power Station starting this December. The tender for the annual maintenance contractor is out and is expected to be awarded in October. RFQ for dismantling contractor (during shut down period) is expected to be hired shortly. 
8Project Event: RFQ for dismantling contractor is expected to be out in October 2017.
8Expenditure Approval: Apr/2017
8RFQ Date: Oct/2017
8Release Date: Nov/2017
8Start Date: Dec/2017
8Completion Date: Mar/2018 (When all units will be covered)
 Click here to go to our software Details
8Name: CBM Block Development
8Project Cost: Rs 500 Crore
8Project Description: Promoter along with its partners is planning the development of a CBM Block by drilling of wells. Promoter, in turn, has selected a US firm to carry out the feasibility study for the project. Further RFQ's for the project are expected shortly.
8Project Event: EOI from promoter for drilling rigs as well as various mechanical and electrical equipment are expected by October 2017.
8Expenditure Approval: Q1/2016
8RFQ Date: Oct/2017
8Release Date: Nov/2017
8Start Date: Q3/2018
8Completion Date: Q3/2021
Click here for details
8Project Name: Refinery BS VI Greenfield Project
8Project Cost: Rs 3000 crore
8Project Description: An existing company along with EPCM contractor and licensors UOP/Open Art/Haldor Topsoe/Axens/Technip Bennelux B.V is planning to construct the following new units DHDT of 1200TMTPA, ARU of 200 TPH, Sulphuric Acid Plant of 370 TPD and revamping of Prime-G from 0.3 MMTPA to 200 TMTPA, HGU from 75 TMTPA to 90 TMTPA respectively to meet BS-VI Fuel Quality Up-gradation within the refinery. Environmental Clearance is expected by March 2017.
8Project Event: RFQs for procuring equipment are expected by November 2017.
8Expenditure Approval: Q3/2016
8RFQ Date: Nov/2017
8Release Date: Jan/2017
8Start Date: Q1/2018
8Completion Date: Q3/2020
Click here for details
 Details
8 Name: Captive Power Plant
8Project Cost: Rs 10 Crore.
8Project Description: Promoter is planning to install gas based captive Power Plant consisting of two units. The natural gas, a reliable water supply, defined electrical distribution network and a load centre within close vicinity of the Generation Point would be provided by the promoter. Currently, pre-feasibility studies are going on for the project. CPCB Clearance for the project is also pending. Cleareances are expected by Q2 2018. Further RFQ's for the project are expected shortly.
8Project Event: RFQ's for hiring the LSTK contractor for the project is expected by March 2018.
8Expenditure Approval: Dec/2018
8RFQ Date: Mar/2018
8Release Date: Apr/2018
8Start Date: Q3/2018
8Completion Date: Q2/2020
Click here for details
8Project Name: Refinery BS VI Greenfield Project 
8Project Cost: RS 2754 Crore 
8Project Description: An existing company along with EPCM contractor and licensors is carrying out engineering activities to construct following new units DHDT of 2200 KTPA, HGU of 44 KTPA, SRU of TPD, ARU of 189 TPH and SWS unit of 56.7 TPH along with revamping of existing DHDS unit from 700 KTPA to 1000 KTPA for the proposed BS–VI Quality Up-gradation and Capacity Expansion of PX / PTA in the existing premises of its refinery. 
8Project Event: RFQs for procuring equipment is expected by mid-October 2017. 
8Expenditure Approval: Q4:2016 
8RFQ Date: Oct/2017 
8Release Date: Dec/2017 
8Start Date: Q2:2017 
8Completion Date: Q2:2019 
Click here for more detail. Details
BP is a huge global oil & gas conglomerate and it has a big presence in India through the RIL-BP collaboration which is trying to dig out more gas in the KG Basin
8And yet, globally, its reputation among oil and gas professionals is much lower than its heft
8A recent survey of global professionals shows that BP's credibility is significantly lower than many companies with a far lower footprint.
8Shell and Exxon Mobil, and even companies like Statoil and Cairn score higher than BP
8In India too, BP maintains a stiff upper lip and an inflexible demeanor, incommensurate with its prowess, thereby losing both credibility and power, not just with the government but with other stakeholders as well.
8It is the failure of the local team to do the footwork that leaves BP's swashbuckling CEO Bob Dudley to do most of the liaisoning directly with key Indian stakeholders.
8The abject failure of the BP team to make a mark in New Delhi's corridors of power has forced the responsibility entirely on RIL to be the big partner in the relationship.
8It is time for a wholesale managerial change in BP. 
Click on Reports for more Details
8Even as the VLCC market goes into depression, new building orders continue to come in. Following the most recent VLCC order by Hyundai, NYK is reported to also have added four VLs to its order book. Click on Report for more.
8Despite slightly softer activity and the fact that demo markets in the Indian subcontinent have yet to fully resume business following the end of the Eid holidays, prices maintained their momentum last week, proving those less optimistic in regards to the duration of the recent rally wrong. Click on Report for more
8India is planning to buy another 1 MMTPA of LNG from Australia now that new prices have been worked out. click on Report for more.
8The website carries here the full Scheme of Amalgamation of Petronet CKK Ltd with BPCL. Click on Report for more
8Cabinet approves survey of Un-appraised Areas of Sedimentary Basins of India. Click on Report for more.
8Find out more an authoritative write up that says, "5 Reasons the Automobile Has No Future". Click on Report for more.
8The Henry Hub natural gas spot price averaged $2.90/MMBtu in August, 8 cents/MMBtu lower than in July. Click on Report for more. Details
Find out more on how a Wood Mackenzie report has suddenly lifted doubts about the ability of Anadarko Petroleum -- the consortium leader -- to implement the gigantic Mozambique E&P-cum-LNG project in the Rovuma Area 1 Offshore Block in which the Indian trio of ONGC, Bharat Petro Resources Ltd (BPRL) and Oil India Ltd  (OIL) are involved.
8There seems to be now reasonable traction to get the project off the ground
8And that's good new indeed for the Indian trio
Click on Reports and on Details for more Details
 < 1 2 3 4 5 >  Last ›

Showing 101–150 of 278 items