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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.
Dec 2016
We want to convey season's greetings to all of you and wish you a happy new year
8This has been a good year for us. We consolidated our enterprise, perfected our project and pricing software and launched over 200 products across the entire energy chain. This is indeed very encouraging, even as all the benefits of our new launches are yet to be wholly reaped.
8Today we provide a mix of highly analytical macro-level information that is relevant to policy makers and highly focused, forward looking business intelligence which is aimed at the equipment and service suppliers in the petroleum sector.
2017 will see a consolidation of our project database
8As we move ahead, we will consolidate our project data, so much so that we have a forward looking RFQ update -- along with key contact information -- on every possible business opportunity in the petroleum sector, worth more than Rs one crore. For our subscriber, a deal will just be a phone call away.
8We employ and train mechanical engineers on the dynamics of petroleum projects in India and how they unfold in the upstream, midstream and downstream segments. We emphasize on building and cultivating contacts, not just with the owners but with EPCM and EPC contractors and sub contractors. We choose our contacts from a database of 25,000 people in our mailing list, who receive our mailers five days a week. There is an element of trust between our contacts and us, and that is the vital key which helps us elicit information before anyone else does.
8We track a project over multiple parameters, from pre-planning to equipment and technology selection, site selection, pre-feasibility and feasibility studies, capital approval, basic engineering, contracting, detailed engineering, installation, pre-commissioning and commissioning activities. At every stop, we look for a business opportunity, for a future RFQ date for an equipment or a service as well as key contacts handling such an opportunity. We don't give up when a project is completed, we follow it through planned and unplanned maintenance programmes, alerting you every time there is a shutdown. For we know that a shutdown provides a business opportunity as well.
8We don't only provide project information, we also give you multi-parameter matrices of the industrial unit that is being built and the overall industrial facility in which the unit is placed. In an industrial facility, like a refinery, we put together key contacts in up to 10 disciplines and for every unit, be it a CDU or SRU, we give you a few contacts as well.
We will push our petroleum pricing database
82017 will also see a consolidation of our domestic petroleum pricing database. We have already put together a comprehensive international database for industrial fuels, but going ahead, we will build a strong database for domestic industrial fuels, from gas to naphtha to bitumen. We will provide company-wise, product-wise, city-wise daily price curves for these products.
8We will also provide Kcal-wise comparison of prices of competing industrial fuels on a daily basis as this will help our readers to decide which fuel is more competitive in the face of increasing price volatility across different products. We already have the software in place and we are now in the process of hiring a team to complete this exercise.
We will populate our general database in 2017
8In 2017 we resolve to consolidate thousands of bits of petroleum data into an easy-to-use database. Instead of going through complicated search procedures to find a valuable piece of data, we will make it easy for you to look for your information through a proactive tree diagram. All you have to do is to open up the right branch and click on it for your data
Among the other already launched products that we hope to consolidate as we go into 2017 are:
8Project News, Daily News Service, Customized News Service; Monthly E&P, Gas, Midstream, Downstream, Regulatory Deviations and Custom Made Reports; Full Spectrum E&P Consultancy; Geological, Wells, Rigs, Seismic Survey Databases; ProjectsTrackers on E&P, Oil & Gas Processing, Terminals & Pipelines, Refineries and Chemicals and Petrochemicals; Forecasts on Investment, Demand, Equipment & Services Requirements; Analyst Support; Trade Database; Contact Database; Archives etc.
Click on the Products and Services button on our website for more information on each of these products Details
8This has been a good year for us. We consolidated our enterprise, perfected our project and pricing software and launched over 200 products across the entire energy chain. This is indeed very encouraging, even as all the benefits of our new launches are yet to be wholly reaped.
8Today we provide a mix of highly analytical macro-level information that is relevant to policy makers and highly focused, forward looking business intelligence which is aimed at the equipment and service suppliers in the petroleum sector.
2017 will see a consolidation of our project database
8As we move ahead, we will consolidate our project data, so much so that we have a forward looking RFQ update -- along with key contact information -- on every possible business opportunity in the petroleum sector, worth more than Rs one crore. For our subscriber, a deal will just be a phone call away.
8We employ and train mechanical engineers on the dynamics of petroleum projects in India and how they unfold in the upstream, midstream and downstream segments. We emphasize on building and cultivating contacts, not just with the owners but with EPCM and EPC contractors and sub contractors. We choose our contacts from a database of 25,000 people in our mailing list, who receive our mailers five days a week. There is an element of trust between our contacts and us, and that is the vital key which helps us elicit information before anyone else does.
8We track a project over multiple parameters, from pre-planning to equipment and technology selection, site selection, pre-feasibility and feasibility studies, capital approval, basic engineering, contracting, detailed engineering, installation, pre-commissioning and commissioning activities. At every stop, we look for a business opportunity, for a future RFQ date for an equipment or a service as well as key contacts handling such an opportunity. We don't give up when a project is completed, we follow it through planned and unplanned maintenance programmes, alerting you every time there is a shutdown. For we know that a shutdown provides a business opportunity as well.
8We don't only provide project information, we also give you multi-parameter matrices of the industrial unit that is being built and the overall industrial facility in which the unit is placed. In an industrial facility, like a refinery, we put together key contacts in up to 10 disciplines and for every unit, be it a CDU or SRU, we give you a few contacts as well.
We will push our petroleum pricing database
82017 will also see a consolidation of our domestic petroleum pricing database. We have already put together a comprehensive international database for industrial fuels, but going ahead, we will build a strong database for domestic industrial fuels, from gas to naphtha to bitumen. We will provide company-wise, product-wise, city-wise daily price curves for these products.
8We will also provide Kcal-wise comparison of prices of competing industrial fuels on a daily basis as this will help our readers to decide which fuel is more competitive in the face of increasing price volatility across different products. We already have the software in place and we are now in the process of hiring a team to complete this exercise.
We will populate our general database in 2017
8In 2017 we resolve to consolidate thousands of bits of petroleum data into an easy-to-use database. Instead of going through complicated search procedures to find a valuable piece of data, we will make it easy for you to look for your information through a proactive tree diagram. All you have to do is to open up the right branch and click on it for your data
Among the other already launched products that we hope to consolidate as we go into 2017 are:
8Project News, Daily News Service, Customized News Service; Monthly E&P, Gas, Midstream, Downstream, Regulatory Deviations and Custom Made Reports; Full Spectrum E&P Consultancy; Geological, Wells, Rigs, Seismic Survey Databases; ProjectsTrackers on E&P, Oil & Gas Processing, Terminals & Pipelines, Refineries and Chemicals and Petrochemicals; Forecasts on Investment, Demand, Equipment & Services Requirements; Analyst Support; Trade Database; Contact Database; Archives etc.
Click on the Products and Services button on our website for more information on each of these products Details
For reference purposes the website carries here the following tenders:
8Construction of mounded storage vessel at Cherlapalli and Solapur, Mumbai Details
8Supply of Ultrasonic Thickness Gauge, Pipelines Division Details
8Annual Maintenance Contract for Gas Monitoring System Details
8Supply of Mass Flow Meters, Pipelines Division Details
8Installation & Commissioning of three chiller Units, Rajasthan Details
8Hiring the services of ROW patrolling services for a period of two years, Assam Details
8Procurement of Drag Reducing Additive Injection Skid for BPCL pipelines Details
8Hiring of empty HC condensate carrying road tanker for KG-OSN-2001/3 Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India Worth Watching: Gujarat State Petronet Limited rise 2.61% on Dec 29 Details
8Indus Gas revenue rises, expected to increase 'substantially' Details
8Iran, India eye oil deal in Brazil Details
8Breaking Short Interest: Hindustan Oil Exploration Company Limited jumped 2.11% on Dec 29 Details
8OIL undertakes project to facilitate agriculture-centric livelihood, economic empowerment Details
8India, UAE to raise defence, security, space cooperation, ink deal in January Details
8India's Petronet to build LNG terminal under $950m deal Details
8Rampant e-wallet use puts petrol pumps at risk Details
8IOC fuel outlets in Kerala migrate to cashless payment mode Details
8Case for gas: Why Tamil Nadu needs to abide by SC order on pipeline Details
8Govt reaches 1.5 crore poor homes with free LPG line in 8 months Details
You can also click on Newsclips for more Details
8Construction of mounded storage vessel at Cherlapalli and Solapur, Mumbai Details
8Supply of Ultrasonic Thickness Gauge, Pipelines Division Details
8Annual Maintenance Contract for Gas Monitoring System Details
8Supply of Mass Flow Meters, Pipelines Division Details
8Installation & Commissioning of three chiller Units, Rajasthan Details
8Hiring the services of ROW patrolling services for a period of two years, Assam Details
8Procurement of Drag Reducing Additive Injection Skid for BPCL pipelines Details
8Hiring of empty HC condensate carrying road tanker for KG-OSN-2001/3 Block Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India Worth Watching: Gujarat State Petronet Limited rise 2.61% on Dec 29 Details
8Indus Gas revenue rises, expected to increase 'substantially' Details
8Iran, India eye oil deal in Brazil Details
8Breaking Short Interest: Hindustan Oil Exploration Company Limited jumped 2.11% on Dec 29 Details
8OIL undertakes project to facilitate agriculture-centric livelihood, economic empowerment Details
8India, UAE to raise defence, security, space cooperation, ink deal in January Details
8India's Petronet to build LNG terminal under $950m deal Details
8Rampant e-wallet use puts petrol pumps at risk Details
8IOC fuel outlets in Kerala migrate to cashless payment mode Details
8Case for gas: Why Tamil Nadu needs to abide by SC order on pipeline Details
8Govt reaches 1.5 crore poor homes with free LPG line in 8 months Details
You can also click on Newsclips for more Details
Mercator was a small Indian company that dreamt big but failed
8The company is now de-leveraging rapidly. It sold off its bleeding bulk cargo business.
8It has now struck a deal to sell its MOPU, deployed in the EBOK oil field, Nigeria
8The company is for now sticking to its core areas of dredging and lending its tankers on dedicated basis to the oil marketing companies for coastal trade
8It is also hanging on to its Cambay blocks, where production is meant to start in Q3, FY 2018
8Merator struck some controversial deals with ONGC and OIL. With ONGC, it picked up the Sagar Samrat modification project that has missed the delivery timeline by a few years.
8OIL India Ltd struck a collaboration with Mercator for an oilfield in Myanmar.
Click on Reports for more on the company Details
8The company is now de-leveraging rapidly. It sold off its bleeding bulk cargo business.
8It has now struck a deal to sell its MOPU, deployed in the EBOK oil field, Nigeria
8The company is for now sticking to its core areas of dredging and lending its tankers on dedicated basis to the oil marketing companies for coastal trade
8It is also hanging on to its Cambay blocks, where production is meant to start in Q3, FY 2018
8Merator struck some controversial deals with ONGC and OIL. With ONGC, it picked up the Sagar Samrat modification project that has missed the delivery timeline by a few years.
8OIL India Ltd struck a collaboration with Mercator for an oilfield in Myanmar.
Click on Reports for more on the company Details
Baker Hughes is likely to play a more aggressive game in India subsequent to its merger with GE
8GE boss JR Immelt has set a scorching pace for its E&P business, emphasizing that the merged oil and gas business will emerge profitable in 2017 and go on further in 2018
8GE is planning to leverage its digital capacities to the oil and gas industry to emerge as a big winner in this segment
8The reverberations will be felt in India too
8Immelt believes that the the US economy is poised for its strongest growth in many years in 2017 and 2018
Click on Reports for more Details
8GE boss JR Immelt has set a scorching pace for its E&P business, emphasizing that the merged oil and gas business will emerge profitable in 2017 and go on further in 2018
8GE is planning to leverage its digital capacities to the oil and gas industry to emerge as a big winner in this segment
8The reverberations will be felt in India too
8Immelt believes that the the US economy is poised for its strongest growth in many years in 2017 and 2018
Click on Reports for more Details
The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Suezmax Crude Carrier of about 150,000 dwt. The 2000 built vessel is expected to join the
company’s fleet in Q4 FY17.
8The company’s fleet now stands at 38 vessels, comprising 24 tankers (7 crude carriers, 15 product tankers, 2 LPG carriers) and 14 dry bulk carriers (1 Capesize, 7 Kamsarmaxes, 6
Supramaxes) with an average age of 8.89 years aggregating 2.94 mn dwt.
8Additionally, the company has 2 Secondhand Aframaxes and 1 Newbuilding Kamsarmax on order.
8After delivery of these 4 contracted vessels, the company will have a fleet of 42 vessels.
Click on Reports for more Details
company’s fleet in Q4 FY17.
8The company’s fleet now stands at 38 vessels, comprising 24 tankers (7 crude carriers, 15 product tankers, 2 LPG carriers) and 14 dry bulk carriers (1 Capesize, 7 Kamsarmaxes, 6
Supramaxes) with an average age of 8.89 years aggregating 2.94 mn dwt.
8Additionally, the company has 2 Secondhand Aframaxes and 1 Newbuilding Kamsarmax on order.
8After delivery of these 4 contracted vessels, the company will have a fleet of 42 vessels.
Click on Reports for more Details
For those who are looking at using LNG in commercial vehicles, the website carries here a detailed report on India's light commercial vehicles market
8When benchmarked internationally, India needs to bridge a big gap in efficiency
8There is therefore an immediate need for a fuel-efficiency labeling program by the Bureau of Energy Efficiency for passenger vehicles and subsequently extended to LCVs as well
8Where does LNG fired vehicles fit into this matrix?
Click on Reports for more Details
8When benchmarked internationally, India needs to bridge a big gap in efficiency
8There is therefore an immediate need for a fuel-efficiency labeling program by the Bureau of Energy Efficiency for passenger vehicles and subsequently extended to LCVs as well
8Where does LNG fired vehicles fit into this matrix?
Click on Reports for more Details
For reference purposes, the website carries here the full set of data on November, 2016 imports of LNG by India
Also available are:
8Country-wise imports of LNG
8LNG consumption vis a vis total domestic consumption
8Gas production domestically and its source wise breakup
8Sector-wise consumption of gas in India
Click on Reports for more Details
Also available are:
8Country-wise imports of LNG
8LNG consumption vis a vis total domestic consumption
8Gas production domestically and its source wise breakup
8Sector-wise consumption of gas in India
Click on Reports for more Details
As a result of lower offtake and higher spot prices, the Petronet LNG Ltd stock had taken a hit recently
8But brokerage houses have put up a "buy" sign on the stock of late
Here are the reasons why the stock is now preferred:
8As against expanded capacity of 15mmtpa, Petronet has got firm usage for 16.75mmtpa. It already operated at annualized rate of 12.4mmt in 1HFY17. So utilization levels in Dahej is not going to be a problem at all
8There is not much of a threat to PLL's business from upcoming LNG terminals either.
8While GSPC’s Mundra terminal may be completed in mid-2017, the lack of pipeline connectivity may remain a problem for next two years.
IOC's Ennore terminal is also likely to be completed in 2018. There is no progress however on pipeline there too.
8Then again the Dhabol terminal is operating a very low capacity due to the lack of a breakwater facility. The tender for breakwaters is yet to be awarded. After award, it would take four years for completion.
Click on Reports for more Details
8But brokerage houses have put up a "buy" sign on the stock of late
Here are the reasons why the stock is now preferred:
8As against expanded capacity of 15mmtpa, Petronet has got firm usage for 16.75mmtpa. It already operated at annualized rate of 12.4mmt in 1HFY17. So utilization levels in Dahej is not going to be a problem at all
8There is not much of a threat to PLL's business from upcoming LNG terminals either.
8While GSPC’s Mundra terminal may be completed in mid-2017, the lack of pipeline connectivity may remain a problem for next two years.
IOC's Ennore terminal is also likely to be completed in 2018. There is no progress however on pipeline there too.
8Then again the Dhabol terminal is operating a very low capacity due to the lack of a breakwater facility. The tender for breakwaters is yet to be awarded. After award, it would take four years for completion.
Click on Reports for more Details
LNG prices are not expected to stay high for too long and they will certainly correct downwards
8The temporary mismatch will go once the winter thaws
8Research shows that Henry Hub prices have delinked from WTI since 2009 due to abundance in supply of shale gas. The average slope over 2000-08 stood at 13.2%, and this has come down to 6.5% in 2016.
8A total of 142 mmtpa of LNG liquefaction capacity is under various stages of construction.
8This makes us believe that LNG prices would remain structurally weak for a long time, even if oil prices were to rise.
Click on Reports for more Details
8The temporary mismatch will go once the winter thaws
8Research shows that Henry Hub prices have delinked from WTI since 2009 due to abundance in supply of shale gas. The average slope over 2000-08 stood at 13.2%, and this has come down to 6.5% in 2016.
8A total of 142 mmtpa of LNG liquefaction capacity is under various stages of construction.
8This makes us believe that LNG prices would remain structurally weak for a long time, even if oil prices were to rise.
Click on Reports for more Details
Spot LNG prices in Asia-Pacific increased from USD4.2/mmbtu in May 2016 to USD8.0 in December 2016 and as much as USD9.2 for February delivery.
8As a result, LNG import by India in November declined to 1.5 mmt, 5% below monthly import in 1HFY17.
8The price rise has been fostered by a sudden rise in LNG demand due to a severe winter: Japan, the largest consumer of LNG, imported 7.54mmt of LNG in November 2016, up 12.7% YoY due to the severe winter.China has also been battling a severe winter, importing 2.66 mmt of LNG in November (+47% YoY). Imports by China in December could be even higher at 3.33mmt.
8Prices also went up in the midst of supply outages.
8Chevron’s Gorgon LNG Train 1 has remained shut intermittently after it started in March 2016. The Gorgon Train 2 was also shut temporarily in early December.
8Since resumption of exports in June 2016, Chevron’s 5.2 mmtpa Angola LNG terminal has also been battling a series of unplanned outages.
Click on Reports for more Details
8As a result, LNG import by India in November declined to 1.5 mmt, 5% below monthly import in 1HFY17.
8The price rise has been fostered by a sudden rise in LNG demand due to a severe winter: Japan, the largest consumer of LNG, imported 7.54mmt of LNG in November 2016, up 12.7% YoY due to the severe winter.China has also been battling a severe winter, importing 2.66 mmt of LNG in November (+47% YoY). Imports by China in December could be even higher at 3.33mmt.
8Prices also went up in the midst of supply outages.
8Chevron’s Gorgon LNG Train 1 has remained shut intermittently after it started in March 2016. The Gorgon Train 2 was also shut temporarily in early December.
8Since resumption of exports in June 2016, Chevron’s 5.2 mmtpa Angola LNG terminal has also been battling a series of unplanned outages.
Click on Reports for more Details
An existing refinery is setting up three major process units, and they are:
-- Acrylic acid
-- Oxoalcohol
-- Acrylates
8The cost is pegged at a whopping Rs 5000 crore
8RFQs for mechanical works will be completed soon
The equipment list includes:
-- Compressors
-- Engines
-- Motors
-- Packaged equipment
-- Pumps
-- Rotating equipment
-- Vessels
Click on Details for more Details
-- Acrylic acid
-- Oxoalcohol
-- Acrylates
8The cost is pegged at a whopping Rs 5000 crore
8RFQs for mechanical works will be completed soon
The equipment list includes:
-- Compressors
-- Engines
-- Motors
-- Packaged equipment
-- Pumps
-- Rotating equipment
-- Vessels
Click on Details for more Details
RFQs for the initial 4 wells out of a 64 well exploratory drilling programme are likely to be floated in July-August, 2017
8The drilling process is expected to start from January, 2018.
8Well testing and completion is expected by the month of March, 2018.
8Currently all the wells will be drilled in shallow waters of less than 100 m depth and the maximum target depth to be achieved for each well will be 5000 m.
8In shallow waters, up to 120 m deep, independent leg jack up rigs are to be used for drilling. Later, in water depths are more than 120 m, semi submersibles (semi-subs) or drill ships will be used for drilling.
Click on Details for full information Details
8The drilling process is expected to start from January, 2018.
8Well testing and completion is expected by the month of March, 2018.
8Currently all the wells will be drilled in shallow waters of less than 100 m depth and the maximum target depth to be achieved for each well will be 5000 m.
8In shallow waters, up to 120 m deep, independent leg jack up rigs are to be used for drilling. Later, in water depths are more than 120 m, semi submersibles (semi-subs) or drill ships will be used for drilling.
Click on Details for full information Details
Work on a $ 150 million exploratory drilling programme is going to pick up speed for a total of 10 wells
8Drilling of the first three wells is expected to begin early next year
8Preparation is currently ongoing
Click on Details for more Details
8Drilling of the first three wells is expected to begin early next year
8Preparation is currently ongoing
Click on Details for more Details
The following is the latest activity in an existing onland exploration block:
8Drilling of three new wells.
8Putting three existing wells and three new wells into production.
8Setting up of a Gas gathering station
8Setting up of a new Gas Processing Plant
8Laying of underground gas pipelines to evacuate natural gas
8Gas reserves being developed from the field is estimated to be around 135 Billion Cubic Feet (BCF)
8A handling capacity of 20 million standard cubic foot per day (mmscfd) of natural gas is estimated.
8The estimated cost is Rs 550 crore
Click on Details for more on the project Details
8Drilling of three new wells.
8Putting three existing wells and three new wells into production.
8Setting up of a Gas gathering station
8Setting up of a new Gas Processing Plant
8Laying of underground gas pipelines to evacuate natural gas
8Gas reserves being developed from the field is estimated to be around 135 Billion Cubic Feet (BCF)
8A handling capacity of 20 million standard cubic foot per day (mmscfd) of natural gas is estimated.
8The estimated cost is Rs 550 crore
Click on Details for more on the project Details
Basic engineering has begun for an LPG onshore facility at Dahej
8Procurement process is going on and as of now orders have been placed for LPG Blenders.
8The construction phase of the project is expected to start in April, 2017.
8The project is expected to get commissioned soon thereafter.
Click on Details for more Details
8Procurement process is going on and as of now orders have been placed for LPG Blenders.
8The construction phase of the project is expected to start in April, 2017.
8The project is expected to get commissioned soon thereafter.
Click on Details for more Details
Work is going on in to build storage capacity subsequent to a modification of a products handling jetty.
8The cumulative cost has been pegged at Rs 2000 crore
Project Timeline:
8The project will be commissioned in a phased manner.
8Construction of storage tanks, related utilities and infrastructures is expected to be completed by March,2020.
8As of now, jetty modification work has been completed.
The RFQ’s are expected to float for the following equipments and services as and when the expansion of terminal commences:
-- Loading arms
-- Pipelines
-- Vessels
-- Flare Stack
-- DG Sets
-- Storage Tanks- 19 Nos.
-- Safety and security Systems
Click on Details for more Details
8The cumulative cost has been pegged at Rs 2000 crore
Project Timeline:
8The project will be commissioned in a phased manner.
8Construction of storage tanks, related utilities and infrastructures is expected to be completed by March,2020.
8As of now, jetty modification work has been completed.
The RFQ’s are expected to float for the following equipments and services as and when the expansion of terminal commences:
-- Loading arms
-- Pipelines
-- Vessels
-- Flare Stack
-- DG Sets
-- Storage Tanks- 19 Nos.
-- Safety and security Systems
Click on Details for more Details
Work is still going on for a big pipeline replacement job in an existing oil field
8The last stretches of some of these pipelines are being built as ROW is still being acquired
8Tenders for electrical works and generators are expected to come up shortly.
8The total project cost is pegged at Rs 2400 crore
Click on Details for more Details
8The last stretches of some of these pipelines are being built as ROW is still being acquired
8Tenders for electrical works and generators are expected to come up shortly.
8The total project cost is pegged at Rs 2400 crore
Click on Details for more Details
The website carries here an update on flare stakes being built in some of ONGC's onland assets
8Details are given of the locations where these flare stakes are being built
8A spate of them have been completed
8Some are being commissioned
Click on Details for more Details
8Details are given of the locations where these flare stakes are being built
8A spate of them have been completed
8Some are being commissioned
Click on Details for more Details
Tender for civil construction work for a 2G bio-refinery is likely in February, 2017
8Total cost of the refinery is expected to be around Rs 40 crore
Click on Details for more information Details
8Total cost of the refinery is expected to be around Rs 40 crore
Click on Details for more information Details
For reference purposes the website carries here the following tenders:
8Supply of Mobile Spill Oil Recovery unit Details
8Supply of Casings for Rajasthan Project Details
8Restoration works at drilling location NELP Block (AA-ONN-2002/03), Assam Details
8Restoration works at drilling location in NELP Block (MZ-ONN-2004/01), Assam Details
8Design, Testing and Supply of Detonation Flame Arrestor for VOC Recovery System, Guwahati Refinery Details
8Supply of Gas Inlet Chamber Diffuser, Panipat Refinery Details
8Supply of De-Oiling Polyelectrolyte, Guwahati Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Putin launches natural gas pipeline supply to Crimea Details
8Mexico to raise gas price by 20 per cent Details
8Trident Energy looks to invest in Southeast Asia oil and gas assets Details
8Japanese power companies use 14.2 per cent less LNG in September month-on-month Details
8Asia's November imports of Iranian oil more than double from year ago Details
8Oil holds near annual peaks, awaiting OPEC cuts, supply data Details
8Crisis-Ridden Brazil lures Iran and India on oil deal Details
8Pumped-up Mukesh Ambani ready to pounce on his corporate rivals Details
8BP buys Woolworths fuel business in Australia for $1.3 billion Details
8Has OPEC deal called off the oil party? Details
8RIL commissions 1st phase of paraxylene plant at Jamnagar Details
8Cashless transactions at IOC pumps doubled: Chairman B Ashok Details
You can also click on Newsclips for more Details
8Supply of Mobile Spill Oil Recovery unit Details
8Supply of Casings for Rajasthan Project Details
8Restoration works at drilling location NELP Block (AA-ONN-2002/03), Assam Details
8Restoration works at drilling location in NELP Block (MZ-ONN-2004/01), Assam Details
8Design, Testing and Supply of Detonation Flame Arrestor for VOC Recovery System, Guwahati Refinery Details
8Supply of Gas Inlet Chamber Diffuser, Panipat Refinery Details
8Supply of De-Oiling Polyelectrolyte, Guwahati Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Putin launches natural gas pipeline supply to Crimea Details
8Mexico to raise gas price by 20 per cent Details
8Trident Energy looks to invest in Southeast Asia oil and gas assets Details
8Japanese power companies use 14.2 per cent less LNG in September month-on-month Details
8Asia's November imports of Iranian oil more than double from year ago Details
8Oil holds near annual peaks, awaiting OPEC cuts, supply data Details
8Crisis-Ridden Brazil lures Iran and India on oil deal Details
8Pumped-up Mukesh Ambani ready to pounce on his corporate rivals Details
8BP buys Woolworths fuel business in Australia for $1.3 billion Details
8Has OPEC deal called off the oil party? Details
8RIL commissions 1st phase of paraxylene plant at Jamnagar Details
8Cashless transactions at IOC pumps doubled: Chairman B Ashok Details
You can also click on Newsclips for more Details
For reference purposes the website carries here the following tenders:
8EOI for hiring of BOP stack on rental basis for well BTSAD, Rajahmundry Details
8Procurement, fabrication, supply of Pressure Vessels, Guwahati Refinery Details
8Fabrication and Supply of Tube seamless for boilers, Guwahati Refinery Details
8Procurement of spares for Mass Flow Meter, Digboi Refinery Details
8Procurement of Pressure Gauges Details
8Procurement of Nickel Chloride Hexahydrate, Panipat Refinery Details
8Supply of Well Head eqiupments and accessories, Rajasthan Details
8EOI for empanelment of agencies for carrying out baseline survey, need assessment studies and feasibility studies Details
8Carrying out pipeline RoW exposure repair work at different locations Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Making GSPC deal pay off is a big ask, even for ONGC Details
8Oil gains post-Christmas ahead of OPEC, non-OPEC cuts Details
8Cuttack gets 2nd fuel station Details
8India's fuel consumption jumps over 12 per cent on demonetisation Details
8OMCs to open trading desks in Singapore Details
8Venezuela says to cut 95,000 bpd crude output in OPEC deal Details
8Oil edges above $55 ahead of supply cut deal Details
8Manipur blockade leads to fuel crisis In landlocked Tripura and Mizoram Details
8Sharp edge of Donald Trump’s foreign policy Details
8Oil edges further above $55 ahead of supply cut deal Details
8Oil & Gas year-ender: Petroleum sector set for a major fillip in 2017 Details
8IOCs Mathura refinery despatches BS VI fuel for testing Details
You can also click on Newsclips for more Details
8EOI for hiring of BOP stack on rental basis for well BTSAD, Rajahmundry Details
8Procurement, fabrication, supply of Pressure Vessels, Guwahati Refinery Details
8Fabrication and Supply of Tube seamless for boilers, Guwahati Refinery Details
8Procurement of spares for Mass Flow Meter, Digboi Refinery Details
8Procurement of Pressure Gauges Details
8Procurement of Nickel Chloride Hexahydrate, Panipat Refinery Details
8Supply of Well Head eqiupments and accessories, Rajasthan Details
8EOI for empanelment of agencies for carrying out baseline survey, need assessment studies and feasibility studies Details
8Carrying out pipeline RoW exposure repair work at different locations Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Making GSPC deal pay off is a big ask, even for ONGC Details
8Oil gains post-Christmas ahead of OPEC, non-OPEC cuts Details
8Cuttack gets 2nd fuel station Details
8India's fuel consumption jumps over 12 per cent on demonetisation Details
8OMCs to open trading desks in Singapore Details
8Venezuela says to cut 95,000 bpd crude output in OPEC deal Details
8Oil edges above $55 ahead of supply cut deal Details
8Manipur blockade leads to fuel crisis In landlocked Tripura and Mizoram Details
8Sharp edge of Donald Trump’s foreign policy Details
8Oil edges further above $55 ahead of supply cut deal Details
8Oil & Gas year-ender: Petroleum sector set for a major fillip in 2017 Details
8IOCs Mathura refinery despatches BS VI fuel for testing Details
You can also click on Newsclips for more Details
Find the latest oil and gas production and consumption data, updated until November, 2016. The data includes:
8Domestic natural gas price and gas price ceiling
8LPG consumption
8Industry marketing infrastructure
8Capital expenditure of PSU oil companies
8Conversion factors and volume conversion
8Coal Bed Methane (CBM) gas development in India
8Major natural gas pipeline network
8Gas pipelines under execution/ construction
8Existing LNG terminals
8Status of PNG connections, CNG stations and CNG vehicles across India
8Information on prices, taxes and under-recoveries
Click on Reports for more Details
8Domestic natural gas price and gas price ceiling
8LPG consumption
8Industry marketing infrastructure
8Capital expenditure of PSU oil companies
8Conversion factors and volume conversion
8Coal Bed Methane (CBM) gas development in India
8Major natural gas pipeline network
8Gas pipelines under execution/ construction
8Existing LNG terminals
8Status of PNG connections, CNG stations and CNG vehicles across India
8Information on prices, taxes and under-recoveries
Click on Reports for more Details
When business cycles turn, cyclical industries can struggle to retool their organizations for the new environment. For instance, today’s oil and gas companies were developed in a time of resource scarcity.
8With prices now at around $50 a barrel, the old organizational blueprint is no longer sustainable.
8While companies have cut their support functions since 2014, the overall organizations supported by these functions are also smaller now.
8But further reductions in corporate functions will be needed, as well as new organizational models.
8A more agile organization, with fluid teams and looser hierarchies, can lower costs and create greater responsiveness to today’s vastly different markets.
8Two models are seen arising.
Click on Reports for more Details
8With prices now at around $50 a barrel, the old organizational blueprint is no longer sustainable.
8While companies have cut their support functions since 2014, the overall organizations supported by these functions are also smaller now.
8But further reductions in corporate functions will be needed, as well as new organizational models.
8A more agile organization, with fluid teams and looser hierarchies, can lower costs and create greater responsiveness to today’s vastly different markets.
8Two models are seen arising.
Click on Reports for more Details
How did the ban on old notes helped petroleum consumption?
8Well, there was more than anticipated demand for petrol and diesel on account of the fact that old notes were allowed for purchase of petroleum products at retail outlets through the month.
8Some amount of hoarding too took place on account of the anticipated ban in use of old notes
8But what explains the continued demand for other products such as LDO or Bitumen or Petcoke in November after demonetization was announced?
Click on Reports for more Details
8Well, there was more than anticipated demand for petrol and diesel on account of the fact that old notes were allowed for purchase of petroleum products at retail outlets through the month.
8Some amount of hoarding too took place on account of the anticipated ban in use of old notes
8But what explains the continued demand for other products such as LDO or Bitumen or Petcoke in November after demonetization was announced?
Click on Reports for more Details
Clearly, demonetization has had a positive impact on the consumption of petroleum products in November.
8India’s fuel demand surged by 12.1% in November this year aided by a sharp rise in petrol and diesel consumption.
8Except for SKO and Lubes & greases, which recorded a negative growth of 31.8% and 2.9% respectively during the current month, all other products recorded positive growth.
8MS consumption was up 14.2% while HSD sales went up 10.5%, way above the average of 4.1% between April-November, 2016
8Bitumen consumption registered a rise of 23.4% while LPG was up 11.5% for the month
8Naphtha sales were up 6.9% whereas ATF growth was 8.2%.
8FO/LSHS sales were up 12.6% while Petcoke was up 35.7%.
8LDO consumption went up by a massive 50% in the month on account of boiler restarts by power plants and its extensive use by all types of industrial furnaces
Click on Reports for more Details
8India’s fuel demand surged by 12.1% in November this year aided by a sharp rise in petrol and diesel consumption.
8Except for SKO and Lubes & greases, which recorded a negative growth of 31.8% and 2.9% respectively during the current month, all other products recorded positive growth.
8MS consumption was up 14.2% while HSD sales went up 10.5%, way above the average of 4.1% between April-November, 2016
8Bitumen consumption registered a rise of 23.4% while LPG was up 11.5% for the month
8Naphtha sales were up 6.9% whereas ATF growth was 8.2%.
8FO/LSHS sales were up 12.6% while Petcoke was up 35.7%.
8LDO consumption went up by a massive 50% in the month on account of boiler restarts by power plants and its extensive use by all types of industrial furnaces
Click on Reports for more Details
Globally, with the backing of Big Oil, a lot of research is now devoted to push gas as a clean fuel.
8One such document sees the growing use of gas in the power sector as the "beginning of a quiet revolution".
8This hope is fueled by the fact that there is a gradual increase in gas-based PLF between January, 2015 to October, 2016, with generation targets beaten in most months.
8There is also a marginal increase in share of gas in total electricity generation.
8A complex set of matrices will have to however be in place for a sustainable policy framework for higher use of gas in the power sector
8Find out more by clicking on our Reports section on does this framework looks.
8It was found, for example, that the ‘switching cost’ (from coal to gas) for a medium sized power plant was estimated at around $3.50 /MMBtu with domestic coal, and $5.50/MMBtu with imported coal. At higher gas prices, the difference would have to be subsidised. The sustainability of gas in power therefore depends on two factors: 1) How long will global gas prices stay low for? 2) How long can the subsidy continue to gas generators continue?
8Competitive gas prices are needed to incentivise domestic gas exploration and production. Could revenues from government take (royalty & taxes) be ploughed back into supporting gas vis-à-vis coal in power generation?
Click on Reports to find out more on where this line of argument takes you Details
8One such document sees the growing use of gas in the power sector as the "beginning of a quiet revolution".
8This hope is fueled by the fact that there is a gradual increase in gas-based PLF between January, 2015 to October, 2016, with generation targets beaten in most months.
8There is also a marginal increase in share of gas in total electricity generation.
8A complex set of matrices will have to however be in place for a sustainable policy framework for higher use of gas in the power sector
8Find out more by clicking on our Reports section on does this framework looks.
8It was found, for example, that the ‘switching cost’ (from coal to gas) for a medium sized power plant was estimated at around $3.50 /MMBtu with domestic coal, and $5.50/MMBtu with imported coal. At higher gas prices, the difference would have to be subsidised. The sustainability of gas in power therefore depends on two factors: 1) How long will global gas prices stay low for? 2) How long can the subsidy continue to gas generators continue?
8Competitive gas prices are needed to incentivise domestic gas exploration and production. Could revenues from government take (royalty & taxes) be ploughed back into supporting gas vis-à-vis coal in power generation?
Click on Reports to find out more on where this line of argument takes you Details
A 10 MMTPA Rs 20,000 crore refinery expansion cum a petrochemical plant is expected to be done in two phases
8The first phase will raise capacity by 2.5 MMTPA
8The petrochemical complex will include a new naphtha caracker
Click on Details for more Details
8The first phase will raise capacity by 2.5 MMTPA
8The petrochemical complex will include a new naphtha caracker
Click on Details for more Details
What is the latest on the Barmer refinery
8Our analysts are seeing some movement on the ground
8A consultant has been selected to do the PFR
8Environment clearance is expected in December, 2017
8RFQs will not be too far behind
Click on Details for more Details
8Our analysts are seeing some movement on the ground
8A consultant has been selected to do the PFR
8Environment clearance is expected in December, 2017
8RFQs will not be too far behind
Click on Details for more Details
A Rs 700 crore all-round upgradation of a LPG import terminal is coming up
8TOR is expected to be granted in Q-1, 2017
8EIA consultant has already been hired
Various proposed facilities considered for capacity augmentation can be classified as:
1)Process equipments which includes
a) Jetty Import facilities
b) Propane/Butane /LPG storage, handling & dispatch facilities
c) Flash Gas Compressor Section
2) Offsite & Utilities which includes
a) Steam generation
b) Instrument Air system
c) Cooling Water system
d) HSD storage and transportation
3) Electrical system & equipments including
a) New Switchyard, pole structure, panel etc.
b) New Transformer
c) New switchboard,
d) New PMCC
e) New HT/LT DG sets,
f) Lighting & Earthing for proposed facilities
4) Control & Instrumentation with latest supporting Hardware.
Click on Details for more Details
8TOR is expected to be granted in Q-1, 2017
8EIA consultant has already been hired
Various proposed facilities considered for capacity augmentation can be classified as:
1)Process equipments which includes
a) Jetty Import facilities
b) Propane/Butane /LPG storage, handling & dispatch facilities
c) Flash Gas Compressor Section
2) Offsite & Utilities which includes
a) Steam generation
b) Instrument Air system
c) Cooling Water system
d) HSD storage and transportation
3) Electrical system & equipments including
a) New Switchyard, pole structure, panel etc.
b) New Transformer
c) New switchboard,
d) New PMCC
e) New HT/LT DG sets,
f) Lighting & Earthing for proposed facilities
4) Control & Instrumentation with latest supporting Hardware.
Click on Details for more Details
A Rs 28 crore LPG bottling plant augmentation is coming up
8Environment clearance is expected in February, 2017
8Commissioning expected in 12 months from clearance
Click on Details for more Details
8Environment clearance is expected in February, 2017
8Commissioning expected in 12 months from clearance
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8ARC for Repair and Maintenance Jobs in Furnace and hydro testing of Pipelines, Digboi Refinery Details
8Supply of Gas Turbine Filters Details
8Lowering of in service Mathura Jalandhar pipeline at chainage 14.1 km in Ambala Jalandhar section Details
8Supply of Transmitter spares, Panipat Details
8Supply of Control valve spares, Gujarat Refinery Details
8Rate Contract for Mechanical Jobs on Fixed Roof Petroleum Storage Tanks, Mumbai Refinery Details
8Carrying out Acoustic Emission Testing of storage tanks, Mumbai Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8MPCB ignores norms, allows new Koradi unit too sans flue gas desulphuriser Details
8Now pay for fuel, LPG at BPCL using Ola Money Details
8Foundation of Rs 600cr ethanol refinery laid Details
8Global M&A deal tally touches $3.1 trillion mark in 2016: Report Details
8ONGC is the strongest company in India in the field of exploration: JN Singh, GSPC Details
8GAIL (India) announces change in Government Nominee Director Details
8Essar Oil posts record 2,162cr net profit in FY2015-16 Details
8OMCs eye over 50% of retail sales in cashless mode by March Details
8Essar Oil opens 3,000 retail outlets across India Details
8Hopeful of big announcements in Union Budget 2017-18: Anil Agarwal Details
8Indian refiners process 2 pct more oil in Nov – govt data Details
8Russia sees crude oil products output down 2.5 percent in 2017 on refinery modernisation Details
8Gazprom says Russia supplied nearly one-third of EU gas Details
You can also click on Newsclips for more Details
8ARC for Repair and Maintenance Jobs in Furnace and hydro testing of Pipelines, Digboi Refinery Details
8Supply of Gas Turbine Filters Details
8Lowering of in service Mathura Jalandhar pipeline at chainage 14.1 km in Ambala Jalandhar section Details
8Supply of Transmitter spares, Panipat Details
8Supply of Control valve spares, Gujarat Refinery Details
8Rate Contract for Mechanical Jobs on Fixed Roof Petroleum Storage Tanks, Mumbai Refinery Details
8Carrying out Acoustic Emission Testing of storage tanks, Mumbai Refinery Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8MPCB ignores norms, allows new Koradi unit too sans flue gas desulphuriser Details
8Now pay for fuel, LPG at BPCL using Ola Money Details
8Foundation of Rs 600cr ethanol refinery laid Details
8Global M&A deal tally touches $3.1 trillion mark in 2016: Report Details
8ONGC is the strongest company in India in the field of exploration: JN Singh, GSPC Details
8GAIL (India) announces change in Government Nominee Director Details
8Essar Oil posts record 2,162cr net profit in FY2015-16 Details
8OMCs eye over 50% of retail sales in cashless mode by March Details
8Essar Oil opens 3,000 retail outlets across India Details
8Hopeful of big announcements in Union Budget 2017-18: Anil Agarwal Details
8Indian refiners process 2 pct more oil in Nov – govt data Details
8Russia sees crude oil products output down 2.5 percent in 2017 on refinery modernisation Details
8Gazprom says Russia supplied nearly one-third of EU gas Details
You can also click on Newsclips for more Details
Even though gas based electricity may have a fighting chance to stay relevant in the medium term, the ride so far has not been rosy
8Given India's gas production constraints, low cost-competitiveness of liquefied natural gas (LNG), and under-developed infrastructure, the share of gas-based power in total generation plunged to around 4% in fiscal 2016 compared with 12% in 2011
8This is because of inadequate domestic supply and unviable LNG prices.
8Spot prices of electricity have fallen below Rs 3 per unit, while gas-based power costs Rs 4.7 per unit after subsidy.
8If the share of gas in India’s energy mix has to rise to say 10% by 2020, it would mean a doubling of gas consumption to over 100 billion cubic meter (BCM) from current levels. But given that domestic gas production is limited, demand for imported LNG would surge three-fold to 65 BCM, or over 50 million tonne.
8Collaterally, to import this LNG, India’s regasification capacity will have to increase to 60 MMTPA compared with 25 MMTPA now.
8This will involve big investments in the supply chain. The import infrastructure will entail a capex of Rs 30,000-35,000 crore and an attendant requirement of 9,000 km of pipelines would cost another Rs 25,000-30,000 crore.
8For business development managers of equipment and service providers in these segments, busy days are up ahead.
Click on Reports to find out more Details
8Given India's gas production constraints, low cost-competitiveness of liquefied natural gas (LNG), and under-developed infrastructure, the share of gas-based power in total generation plunged to around 4% in fiscal 2016 compared with 12% in 2011
8This is because of inadequate domestic supply and unviable LNG prices.
8Spot prices of electricity have fallen below Rs 3 per unit, while gas-based power costs Rs 4.7 per unit after subsidy.
8If the share of gas in India’s energy mix has to rise to say 10% by 2020, it would mean a doubling of gas consumption to over 100 billion cubic meter (BCM) from current levels. But given that domestic gas production is limited, demand for imported LNG would surge three-fold to 65 BCM, or over 50 million tonne.
8Collaterally, to import this LNG, India’s regasification capacity will have to increase to 60 MMTPA compared with 25 MMTPA now.
8This will involve big investments in the supply chain. The import infrastructure will entail a capex of Rs 30,000-35,000 crore and an attendant requirement of 9,000 km of pipelines would cost another Rs 25,000-30,000 crore.
8For business development managers of equipment and service providers in these segments, busy days are up ahead.
Click on Reports to find out more Details
Indraprastha Gas Ltd (IGL) is one company whose short to medium term outlook is bright
8The fact that it operates in Delhi, one of the most polluted cities in the world, is a big advantage. Steps such as the banning of new registrations of all diesel vehicles above 2000cc help the company.
8City buses and taxis are now increasingly getting converted to CNG.
8The Delhi government has also helped IGL in getting faster clearances for new gas stations
8The penetration for CNG vehicles in the NCR region stands at around 28% and while PNG inroad is around 18%. This is expected to rise under a stricter regulatory regime.
8The economic advantage for using gas is higher for a consumer than petrol and this will further aid volumes as the user base matures.
Click on Reports to find out more on the company and how its financials are likely to behave in the future Details
8The fact that it operates in Delhi, one of the most polluted cities in the world, is a big advantage. Steps such as the banning of new registrations of all diesel vehicles above 2000cc help the company.
8City buses and taxis are now increasingly getting converted to CNG.
8The Delhi government has also helped IGL in getting faster clearances for new gas stations
8The penetration for CNG vehicles in the NCR region stands at around 28% and while PNG inroad is around 18%. This is expected to rise under a stricter regulatory regime.
8The economic advantage for using gas is higher for a consumer than petrol and this will further aid volumes as the user base matures.
Click on Reports to find out more on the company and how its financials are likely to behave in the future Details
For a business development manager in the oil & gas and related areas, the website carries here details of projects where business development opportunities can come up in the future. Among them are:
8A 30 TPH fertilizer blending unit for customized NPK production, 25 MW along with MP stream (37 kg/Cm2g) Gas Turbine (GT), unfired capacity of 50 MT/Hr.(70 MT/Hr supplementary firing).
8A Caustic Soda, Chlorine, Hydrogen Peroxide, Synthetic Organic, Inorganic, Specialty Chemicals along with Coal based Captive Power Plant (100 MW)
8An onland exploratory drilling programme by Cairn Energy
8A greenfield ammonium phosphate plant
8A new Ethylene Recovery Unit and a Mono Ethylene Glycol Unit
8A new 12 lakh tonne NPK fertilizer unit
8RIL's expansion and debottlenecking programme at Nagathone
8Installation of a new Gasoline hydrotreatment plant and associated facilities
8Three LPG bullets plants
8A two well drilling programme along with a Effluent Treatment Plant
8A 19 well onland exploratory and appraisal drilling programme
8A 30-well onland developmental drilling programme along with a GCS and pipeline laying programme
8Additional cogeneration unit in a gas turbine in a crude and gas processing plant
8Development drilling of 400 wells in an onland asset
8Four exploratory drilling well programme
8Energy improvement plan in an existing ammonia-urea complex
Click on Reports for more Details
8A 30 TPH fertilizer blending unit for customized NPK production, 25 MW along with MP stream (37 kg/Cm2g) Gas Turbine (GT), unfired capacity of 50 MT/Hr.(70 MT/Hr supplementary firing).
8A Caustic Soda, Chlorine, Hydrogen Peroxide, Synthetic Organic, Inorganic, Specialty Chemicals along with Coal based Captive Power Plant (100 MW)
8An onland exploratory drilling programme by Cairn Energy
8A greenfield ammonium phosphate plant
8A new Ethylene Recovery Unit and a Mono Ethylene Glycol Unit
8A new 12 lakh tonne NPK fertilizer unit
8RIL's expansion and debottlenecking programme at Nagathone
8Installation of a new Gasoline hydrotreatment plant and associated facilities
8Three LPG bullets plants
8A two well drilling programme along with a Effluent Treatment Plant
8A 19 well onland exploratory and appraisal drilling programme
8A 30-well onland developmental drilling programme along with a GCS and pipeline laying programme
8Additional cogeneration unit in a gas turbine in a crude and gas processing plant
8Development drilling of 400 wells in an onland asset
8Four exploratory drilling well programme
8Energy improvement plan in an existing ammonia-urea complex
Click on Reports for more Details
There are golden times for City Gas Distribution companies
8Those with an existing infrastructure have the most to gain as they can source cheap domestic gas at up to 110% of their total requirement without a necessary cap on end product pricing
8What is more, a well entrenched distribution base and other barriers will make it extremely difficult for third parties who want to exploit the common carrier concept to enter the market amd set up base.
8Existing players therefore enjoy a massive competitive edge.
8These companies take deposits in advance for customers for laying pipeline infrastructure and due to customer stickiness this amount remains with the company and add to additional cash generation.
8But disruptive technology, such as the advent of the electric car and falling cost of battery storage, may still make the CGD business model redundant in the long run
Click on Reports for more Details
8Those with an existing infrastructure have the most to gain as they can source cheap domestic gas at up to 110% of their total requirement without a necessary cap on end product pricing
8What is more, a well entrenched distribution base and other barriers will make it extremely difficult for third parties who want to exploit the common carrier concept to enter the market amd set up base.
8Existing players therefore enjoy a massive competitive edge.
8These companies take deposits in advance for customers for laying pipeline infrastructure and due to customer stickiness this amount remains with the company and add to additional cash generation.
8But disruptive technology, such as the advent of the electric car and falling cost of battery storage, may still make the CGD business model redundant in the long run
Click on Reports for more Details
The PNGRB has found adequate reason to go ahead with further proceedings on a complaint by RIL that GAIL had been using its monopoly powers to indulge in discriminatory pricing while supplying gas to its Nagathane petrochemical unit from the Dahej-Uran-Dabhol-Panvel pipeline.
8While GAIL has been charging for positive gas imbalances, it is ignoring negative imbalances in the supply of gas, RIL has alleged.
8The PNGRB has taken cognizance of RIL's complaint
8The regulator also said that there were many other instances of such behaviour by GAIL and there is a need to investigate this further
Click on Reports for more Details
8While GAIL has been charging for positive gas imbalances, it is ignoring negative imbalances in the supply of gas, RIL has alleged.
8The PNGRB has taken cognizance of RIL's complaint
8The regulator also said that there were many other instances of such behaviour by GAIL and there is a need to investigate this further
Click on Reports for more Details
Increasing demand for gas from the power sector can be a game changer for gas suppliers in India
8The latest five-to-fifteen year perspective on demand and supply data for electricity along with other attendant information released by the government has huge relevance for gas suppliers
8One finding is that there will be no need for coal fired projects in the next five years
8The plan highlights different technologies available for efficient generation, transmission and distribution of power in the next five years while also providing clear fuel choices based on economy, energy security and environmental considerations.
8The impact of CO2 emissions is analysed in great detail. The CO2 emission from gas based power stations is almost half of what is generated by coal based power stations and this is taken into account in the projections.
8This is a must read 400-page document on the Indian power sector for any gas sector enthusiast in India
Click on Reports for more Details
8The latest five-to-fifteen year perspective on demand and supply data for electricity along with other attendant information released by the government has huge relevance for gas suppliers
8One finding is that there will be no need for coal fired projects in the next five years
8The plan highlights different technologies available for efficient generation, transmission and distribution of power in the next five years while also providing clear fuel choices based on economy, energy security and environmental considerations.
8The impact of CO2 emissions is analysed in great detail. The CO2 emission from gas based power stations is almost half of what is generated by coal based power stations and this is taken into account in the projections.
8This is a must read 400-page document on the Indian power sector for any gas sector enthusiast in India
Click on Reports for more Details
Environmental clearance for a small sized LNG plant (less than 2 MMTPA) is expected in January, 2017
8Sources said commissioning will take around 13 months from clearance
8The TOR was granted in May, 2016
The RFQ’s for the following equipment and services are expected to be floated in February, 2017:
-- LNG storage, transportation and regasification facility
-- Development of necessary facilities/equipment for ship berthing and mooring, LNG unloading arms with all safety measures
-- Onshore Insulated cryogenic pipeline
-- Control room
-- Pig receiver and launcher/filter
-- Pressure control system
-- Metering Skid
-- Pipeline for connectivity to existing gas distribution grid
-- LNG vessels
The project also involves extension of existing berth.
Click on Details for more Details
8Sources said commissioning will take around 13 months from clearance
8The TOR was granted in May, 2016
The RFQ’s for the following equipment and services are expected to be floated in February, 2017:
-- LNG storage, transportation and regasification facility
-- Development of necessary facilities/equipment for ship berthing and mooring, LNG unloading arms with all safety measures
-- Onshore Insulated cryogenic pipeline
-- Control room
-- Pig receiver and launcher/filter
-- Pressure control system
-- Metering Skid
-- Pipeline for connectivity to existing gas distribution grid
-- LNG vessels
The project also involves extension of existing berth.
Click on Details for more Details
The material requirements, among others, for the modification of an existing Kerosene Recovery Unit (KRU) and a new KRU are listed below:
8Caustic pre wash vessel,
8Sand filter
8Reactors
8Caustic Settling vessel
8Air Compressors
8Caustic Settlers
8Clay and Salt Filters
8Water Drum
8Precipitators
8The cost for the modification of the existing KRU will be around Rs.70 crore.
8The cost for the new Kerosene Recovery Unit will be around Rs.160-180 crore.
8The RFQ’s will be released for KRU at the end of May, 2017.
Click on Details for more Details
8Caustic pre wash vessel,
8Sand filter
8Reactors
8Caustic Settling vessel
8Air Compressors
8Caustic Settlers
8Clay and Salt Filters
8Water Drum
8Precipitators
8The cost for the modification of the existing KRU will be around Rs.70 crore.
8The cost for the new Kerosene Recovery Unit will be around Rs.160-180 crore.
8The RFQ’s will be released for KRU at the end of May, 2017.
Click on Details for more Details
The proposed modification of the Condensate Fractioning Unit (CFU) by adding a new Atmospheric Steam Distillation column to produce Ultra Low Sulphur Diesel willbe around Rs 100 crore.
RFQ’s will be released in April, 2017.
The material requirements for the modification in CFU are listed below:
8Contactor Tower
8Filter
8Cooler
8Outlet separator
8Flash tank
8Heat exchanger
8Reclaimer
8Regeneration tower
8Condenser
8Accumulator
8Reflux drum
8Sweetening tank
8Mixing tanks
8And the RFQ’S for some other long lead equipments like Regeneration Boiler, Reactor effluent cooler and Fuel gas compressor will be released separately.
Click on Details for more Details
RFQ’s will be released in April, 2017.
The material requirements for the modification in CFU are listed below:
8Contactor Tower
8Filter
8Cooler
8Outlet separator
8Flash tank
8Heat exchanger
8Reclaimer
8Regeneration tower
8Condenser
8Accumulator
8Reflux drum
8Sweetening tank
8Mixing tanks
8And the RFQ’S for some other long lead equipments like Regeneration Boiler, Reactor effluent cooler and Fuel gas compressor will be released separately.
Click on Details for more Details
Within the same gas and condensate processing facility, new filtration equipment is needed in a Sulphur Recovery Unit
8The tenders are expected to be released around March, 2017
8The equipment installation is slated for June-July, 2017
Click on Details for more Details
8The tenders are expected to be released around March, 2017
8The equipment installation is slated for June-July, 2017
Click on Details for more Details
Maintenance work on sour gas sweetening units is coming up once every two months
8These low cost jobs are usually done by local contractors
8Presently one train is under maintenance but more such jobs will be coming up
Click on Details for more Details
8These low cost jobs are usually done by local contractors
8Presently one train is under maintenance but more such jobs will be coming up
Click on Details for more Details
A refinery shutdown is coming up in April, 2017
8This is a planned shutdown
8RFQ for the maintenance equipment will be floated by Feb 2017.
Click on Details for more Details
8This is a planned shutdown
8RFQ for the maintenance equipment will be floated by Feb 2017.
Click on Details for more Details
The PFR and the DFR for a new petrochemical complex are ready
8Environment clearance is expected in December, 2017
Click on Details for more Details
8Environment clearance is expected in December, 2017
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Inline Inspection of onshore pipeline using high resolution intelligent pig for detection of offtakes Details
8Supply of Diammonium Phosphate, Guwahati Refinery Details
8Supply of Triethyl Aluminium, Panipat Refinery Details
8Procurement of Nucleonic Level Gauges Type, Panipat Refinery Details
8Procurement of Propane Gas, Panipat Refinery Details
8Monitoring and Maintenance of Impressed Current Cathodic Protection System, Gujarat Refinery Details
8Hiring of services for Pre Drill EIA study and EMP for NELP Block, Andhra Pradesh Details
8Supply of Digital flow indicators, Gujarat Refinery Details
8Carrying out Integrity tesing of Sikka-Kandla pipeline, Gauridad Details
8Supply of Hydrochloric Acid at Guwahati Refinery Details
8EOI for Bechraji Polymer Flood Pilot, Mehsana Asset Details
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For reference purposes the website carries here the following Newsclips:
8Algeria to boost drilling in 2017 to increase output - Sonatrach official Details
8ONGC to pay over $1.2 billion for GSPC stake buy Details
8IMF chief Christine Lagarde joins Cameroon summit of African leaders on oil woes Details
8Saudis Arabia cut huge budget deficit, to loosen purse strings in 2017 Details
8Government is yet to make domestic LPG cashless, Indian Oil confirms on Twitter Details
8Russia's Rosneft says has flexibility on oil output levels Details
8Ten Mexican states hit by gasoline shortages, Pemex blames theft from pipelines Details
8Croatian government to buy out MOL's stake in oil group INA - PM Plenkovic Details
8Argentine province to auction six Vaca Muerta oil, gas blocks - media Details
8Farm residue can be used to fire automobiles and cut fuel import bill Details
8Focus on emission cuts to boost bio-fuel sector: Pramod Chaudhari, Praj Industries Details
8Rising oil prices a boon for producers, others to feel the pinch Details
8RIL-ONGC dispute: Justice Singhvi appointed arbitrator Details
8California scientists identify new approach to recycle greenhouse gases Details
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8Inline Inspection of onshore pipeline using high resolution intelligent pig for detection of offtakes Details
8Supply of Diammonium Phosphate, Guwahati Refinery Details
8Supply of Triethyl Aluminium, Panipat Refinery Details
8Procurement of Nucleonic Level Gauges Type, Panipat Refinery Details
8Procurement of Propane Gas, Panipat Refinery Details
8Monitoring and Maintenance of Impressed Current Cathodic Protection System, Gujarat Refinery Details
8Hiring of services for Pre Drill EIA study and EMP for NELP Block, Andhra Pradesh Details
8Supply of Digital flow indicators, Gujarat Refinery Details
8Carrying out Integrity tesing of Sikka-Kandla pipeline, Gauridad Details
8Supply of Hydrochloric Acid at Guwahati Refinery Details
8EOI for Bechraji Polymer Flood Pilot, Mehsana Asset Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Algeria to boost drilling in 2017 to increase output - Sonatrach official Details
8ONGC to pay over $1.2 billion for GSPC stake buy Details
8IMF chief Christine Lagarde joins Cameroon summit of African leaders on oil woes Details
8Saudis Arabia cut huge budget deficit, to loosen purse strings in 2017 Details
8Government is yet to make domestic LPG cashless, Indian Oil confirms on Twitter Details
8Russia's Rosneft says has flexibility on oil output levels Details
8Ten Mexican states hit by gasoline shortages, Pemex blames theft from pipelines Details
8Croatian government to buy out MOL's stake in oil group INA - PM Plenkovic Details
8Argentine province to auction six Vaca Muerta oil, gas blocks - media Details
8Farm residue can be used to fire automobiles and cut fuel import bill Details
8Focus on emission cuts to boost bio-fuel sector: Pramod Chaudhari, Praj Industries Details
8Rising oil prices a boon for producers, others to feel the pinch Details
8RIL-ONGC dispute: Justice Singhvi appointed arbitrator Details
8California scientists identify new approach to recycle greenhouse gases Details
You can also click on Newsclips for more Details
8Hydraulic fracturing now account for more than half of US crude production. Find out how this mode of production picked up speed not just to cover shale gas reservoir but also conventional ones
8US shale gas productivity is rising at a rapid rate, claims a new study.
8Petroleum minister inaugurates city gas distribution project
8Full document on latest shipping policies and possible business development opportunities
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8US shale gas productivity is rising at a rapid rate, claims a new study.
8Petroleum minister inaugurates city gas distribution project
8Full document on latest shipping policies and possible business development opportunities
Click on Reports for more Details
Production in JV refineries during November, 2016 was 925.24 TMT which is 28.57% lower than the target for the month and 34.34% lower than the production achieved in the corresponding month of last year.
8Cumulative production during April - November, 2016 was 11125.93 TMT which is 9.45% higher than the target for the period and 3.11% lower than the production during corresponding period of last year.
8Reasons for shortfall of refinery production in JVs refineries are as under:
-- BORL's Bina: Throughput was lower than plan as refinery had undertaken planned turnaround during the month, which was originally scheduled in Aug-Sep'16.
-- HMEL's Bhatinda: The throughput is as per the optimized monthly plan.
8Production in private refineries during November, 2016 was 7.543 MMT which is 0.59% lower than the target for the month and 0.37% lower than the production achieved in the corresponding month of last year.
8Cumulative production during April-November, 2016 was 60.600 MMT which is 2.34% higher than the target for the period and 4.94% higher than the production during corresponding period of last year.
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8Cumulative production during April - November, 2016 was 11125.93 TMT which is 9.45% higher than the target for the period and 3.11% lower than the production during corresponding period of last year.
8Reasons for shortfall of refinery production in JVs refineries are as under:
-- BORL's Bina: Throughput was lower than plan as refinery had undertaken planned turnaround during the month, which was originally scheduled in Aug-Sep'16.
-- HMEL's Bhatinda: The throughput is as per the optimized monthly plan.
8Production in private refineries during November, 2016 was 7.543 MMT which is 0.59% lower than the target for the month and 0.37% lower than the production achieved in the corresponding month of last year.
8Cumulative production during April-November, 2016 was 60.600 MMT which is 2.34% higher than the target for the period and 4.94% higher than the production during corresponding period of last year.
Click on Reports for more Details
Refinery production during November, 2016 was 19.915 MMT which is 3.30% lower than the target for the month but 1.98% higher than the production during corresponding period of last year.
8Cumulative production during April-November, 2016 was 162.444 MMT which is 2.03% higher than the target for the period and 8.01% higher than the production during corresponding period of last year.
8Refineries' production during November, 2016 was 11.446 MMT which is 2.26% lower than the target for the month but 8.53% higher than the production achieved in the corresponding month of last year.
8Cumulative production during April-November, 2016 was 90658.32 TMT which is 0.98% higher than the target for the period and 11.77% higher than the production during corresponding period of last year.
Reasons for shortfall of refinery production in some PSU refineries are as under:
8IOCL, Paradip: Throughput lower due to coke upliftment issue.
8IOCL, Digboi: Guwahati: Lower availability of Assam crude.
8IOCL, Mathura: Lower throughput due to advancement of DHDT shutdown to Nov-Dec'16 originally planned in December '16.
8CPCL, Manali: Crude throughput was lower than Target due to deferment of DHDT shutdown from Oct'16 to Nov'16.
8CPCL, CBR: Crude throughput was lower than target due to HSD containment (lower offtake of HSD) & non-availability of Crude (Narimanam & KG-D6).
8NRL, Numaligarh: Delay in startup after shutdown.
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8Cumulative production during April-November, 2016 was 162.444 MMT which is 2.03% higher than the target for the period and 8.01% higher than the production during corresponding period of last year.
8Refineries' production during November, 2016 was 11.446 MMT which is 2.26% lower than the target for the month but 8.53% higher than the production achieved in the corresponding month of last year.
8Cumulative production during April-November, 2016 was 90658.32 TMT which is 0.98% higher than the target for the period and 11.77% higher than the production during corresponding period of last year.
Reasons for shortfall of refinery production in some PSU refineries are as under:
8IOCL, Paradip: Throughput lower due to coke upliftment issue.
8IOCL, Digboi: Guwahati: Lower availability of Assam crude.
8IOCL, Mathura: Lower throughput due to advancement of DHDT shutdown to Nov-Dec'16 originally planned in December '16.
8CPCL, Manali: Crude throughput was lower than Target due to deferment of DHDT shutdown from Oct'16 to Nov'16.
8CPCL, CBR: Crude throughput was lower than target due to HSD containment (lower offtake of HSD) & non-availability of Crude (Narimanam & KG-D6).
8NRL, Numaligarh: Delay in startup after shutdown.
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Natural gas production by Pvt. /JVs during November, 2016 was 558.04 mmscmd which is 20.51% lower than the monthly target and 18.39% less when compared with November, 2015.
8Cumulative natural gas production during April-November, 2016 was 4689.98 mmscmd which is 13.55% lower than the cumulative target and 17.04% lower than the production during the corresponding period of last year.
Reasons for shortfall in production are as under:
8Closure of 1 well in MA and 1 well in D1D3 field in KG-DWN-98/3.
8Panna-Mukta: PC platform shutdown due to riser integrity issue.
8RJ-ON-90/1: Planned shutdown at Mangala Processing Terminal.
8Increase in Water cut in few wells in RJ-ON/6.
8Production from M&S TAPTI stopped in March, 2016.
8Natural Decline in Ravva.
8Underperformance of wells in KG- OSN-2001/3.
8Sohagpur West: Production not increased upto the target envisaged.
8Raniganj East CBM block: Extended dewatering hampering production.
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8Cumulative natural gas production during April-November, 2016 was 4689.98 mmscmd which is 13.55% lower than the cumulative target and 17.04% lower than the production during the corresponding period of last year.
Reasons for shortfall in production are as under:
8Closure of 1 well in MA and 1 well in D1D3 field in KG-DWN-98/3.
8Panna-Mukta: PC platform shutdown due to riser integrity issue.
8RJ-ON-90/1: Planned shutdown at Mangala Processing Terminal.
8Increase in Water cut in few wells in RJ-ON/6.
8Production from M&S TAPTI stopped in March, 2016.
8Natural Decline in Ravva.
8Underperformance of wells in KG- OSN-2001/3.
8Sohagpur West: Production not increased upto the target envisaged.
8Raniganj East CBM block: Extended dewatering hampering production.
Click on Reports for more Details
