8Case studies on major incidents in downstream oil & gas sector [PNGRB]
 8Changes in senior management personnel of the company [GES]
 8Cessation of Mr. Shishir Joshipura as CEO & managing director effective June 30, 2025 [Praj]
 8Update on credit rating [Adani Port]
 8Interim disclosure regarding non-cooperation and absence of CFO Mr. Harshal Anjaria [IRM]
 8Business responsibility and sustainability report [Afcons]
 8Annual report for the F.Y. 2024-25 [Afcons]
 8Change in senior management [Petronet]
 8Approval of scheme of amalgamation of KECL with Deep Industries Limited by board of directors [DIL]

8This gas distributor's senior most executive goes missing.

This seismic tender raises bar with twin-mode experience splits
 8This latest 2D seismic acquisition tender in Western Onshore Basin mandates separate past execution credentials for explosive and vibrator-based surveys—250 LKM and 75 LKM respectively.
 8This dual-track eligibility filter could sideline contractors with one-mode expertise, signalling a clear shift towards performance-based bidder screening.
 ONGC tightens bid gate for echometer procurement via GeM
 8Pre-dispatch inspection, field demo mandates, and no Start-up exemptions under GeM make ONGC’s digital well analyser tender far more vendor-demanding.
 8Vendors now face stringent documentation and cashflow timelines, with performance-linked payment and stricter post-sale terms.
 OIL’s snubbing unit spec demands Tier-IV engines, dual DAS and DNV compliance
 8Oil India’s latest hydraulic workover tender embeds high-spec mandates—from Tier-IV diesel power packs and dual-zone data acquisition HMIs to DNV 2.7.3-certified jacks and baskets.
 8The move elevates safety and ESG alignment, but significantly narrows the field for eligible bidders and raises capital thresholds.
 Vedanta seeks 3-year tech support partner for oilfield ops under fast-track EOI
 8Cairn Oil & Gas, part of the Vedanta Group, has floated a 7-day EOI for selecting a technical support partner to assist petroleum engineering teams across its expansive upstream portfolio. 8The scope combines staffing, payroll, and compliance functions, hinting at operational outsourcing amid rapid upstream expansion.

Bidder participation under scrutiny as 4 of 7 disqualified
8More than half the vendors in Oil India’s BOO CNG tender failed to qualify, including some with prior upstream credentials.
8The sharp cut-off shows that experience in E&P or gas services alone wasn’t enough without direct CNG domain compliance
Six clear ONGC Nhava crane tender, disqualifications hint at rising compliance bar
8Out of eight contenders for ONGC’s 3-year, 20 MT crane hiring contract at Nhava Supply Base, two were disqualified—underscoring the growing operational and documentation rigour.
8With stringent third-party inspection, crew composition mandates, and OEM-backed equipment norms, even legacy players found the bar high.
TPI list trimmed in OIL’s barytes tender as Tuboscope disqualified
8A corrigendum to the 18,900 MT barytes procurement tender clarifies that Tuboscope Vetco cannot be assigned TPI roles unless it sets up base in India. While a minor revision, this pre-empts regulatory and execution delays.
SunPetro extends O&M bid deadline after clarifications on offshore logistics and bid bond rules
8Following back-to-back clarifications around manpower annexures, platform travel, and bid bond submission norms, SunPetro has pushed the O&M bid submission deadline to 14 July.
8This 7-day extension offers vendors crucial breathing space to recalibrate documents and bid strategy.

Bid deadline extended for offshore platform inspection tender amid technical prep concerns
8SunPetro has pushed the bid submission deadline for its Hazira offshore inspection job to 8 July 2025.
8The extension follows contractor queries over diving certification, port logistics, and insurance compliance—pointing to a tight statutory and equipment readiness curve.
Bid deadline extended to 15 July for ONGC’s 3-VFD package amid compliance push
8Submission timeline pushed back by two weeks for the high-spec Variable Frequency Drive tender. Industry insiders say the extension may reflect vendor hesitancy tied to tight ICT timelines, 8local content certifications, and inspection compliance—hallmarks of ONGC’s increasingly structured e-tendering ecosystem.
Deadline push hints at bidder bandwidth strain in ONGC's Rs 67-cr security contract
8ONGC has extended the deadline for its 3-year Delhi/NCR security services tender, signaling high compliance complexity.
8The scope mandates round-the-clock deployment of 290 personnel, plus gadgets, vehicles, Fair Wage compliance, and a full-fledged local office — testing bidder readiness.
ONGC clears JV route for tank repair empanelment, extends bid deadline to July 7
8Indian JVs with 26% stake from experienced partners now qualify under amended BEC; ONGC closes door on consortium-backed entries despite vendor appeals.

BPCL’s Hubli CBG geotech tender sets 45-day race amid terrain, test overload, and safety chokeholds
8Contractors must complete full geotech survey—including 20m bores, triaxial and resistivity tests—within 45 days on a hilly, tree-covered site.
8With no EMD but heavy retention, PVCs, and certified DG setup clauses, only pre-mobilized firms can survive the timeline pressure.
BPCL’s Mysore CBG survey tender drops EMD, adds dense compliance and a 45-day clock
8Despite waiving EMD and ePBG, BPCL’s Mysore CBG plant survey tender loads the bidder with over 20 mandatory soil and survey tests, ultra-fast completion, and complex site entry protocols — making readiness, not liquidity, the new hurdle.
BPCL’s Bhilai biogas project sees major technical scope resets, land risk offload to bidder
8Multiple corrigenda have overhauled the Bhilai MSW-to-CBG tender—shifting soil and topo liabilities to the contractor, expanding proof requirements for technical credentials, and tightening control over OEM brand approvals.
8The pattern of repeated bid extensions suggests deep-rooted contractor concerns.

8NRL has extended its international BOO-based GHGU tender again, while simultaneously eliminating the pre-bid meet and revising BOQ through a full retender.
8The continued evolution reflects bidder-side complexity and internal realignments—raising flags on execution clarity and investment confidence.
8We tell you what is going on

8Find out what really happened

Six bid extensions hint at techno-commercial alignment struggles in BPCL’s high-pressure exchanger tender
8A total of six deadline extensions have pushed BPCL’s heat exchanger tender from April to July 2025, suggesting both industry-wide hesitation and unresolved vendor-side challenges.
8The continual deferments point to deeper complexities in scope, licensor approvals, or bidder alignment.
8Find out what is really going on.
Stretch-wrap duties, shared conveyors, and scope creep raise bidder heat for automatic storage and retrieval bidder at Dahej
8EIL’s ASRS tender for Dahej sees expanding contractor liabilities—from handling free-issued bagging machines to integrating tagging stations and stretch hood reels.
8With vague pallet specs and deferred CAO&M data, bidders face rising risk under tightening timelines.
BPCL holds firm on 41 mm sphere thickness, but payment and scope tweaks hint at cashflow, civil risk balancing
8Despite vendor pleas for relaxed BQC terms, BPCL-EIL refuses to budge on minimum 41?mm plate thickness citing criticality.
8But fresh amendments and clarifications reveal a subtle shift in scope definition, fabrication timelines, and CPBG terms—exposing an intricate risk-cost tradeoff between owner and contractor.
8Multiple bidders raised scope definition, elevation, and insulation ambiguities—suggesting systemic under-specification in early design stages.
Contractors face tighter spec load, but more clarity in BPCL’s polymer warehouse revamp
8From rigid 10 ACH norms to precise masonry heights and no allowance for steel reuse without gate pass, EIL’s amendments and replies close key scope gaps but retain risk on PEB, HVAC, and slab loads—leaving bidders walking a cost–clarity tightrope.
MRPL trims risk, clarifies scope in VOC system bid after multiple extensions
8With three bid extensions and detailed pre-bid clarifications, MRPL has tightened technical clarity and slightly eased bidder ambiguity—but risks around fan configuration, piping scope, and valve specs still require contractor vigilance.
8Find out what we know

SBI Cap fails to make the cut in HPCL's Visakh–Bhogapuram ATF pipeline appraisal bid
8Despite a familiar financial advisory lineup, SBI Capital Markets has been disqualified from HPCL’s strategic financial appraisal tender for the Visakh–Bhogapuram ATF pipeline.
8This raises questions around qualification compliance and evolving standards for PSUs in advisory mandates.
Tight eligibility and zero EMD tender sees only two qualify in IOCL’s HAZOP bid
8Despite being a no-EMD GeM bid, IOCL’s HAZOP tender filtered out one of three bidders on qualification grounds.
8With fixed past experience cutoffs and no startup or MSME relief, the tender's rigid framework limited participation.
Isgec bags Bina vessel order amid high rejection rate and tight price compression
8Isgec Heavy Engineering won the contract, outbidding three competitors, all of whom were disqualified.
8With all others rejected, the price spread remains opaque, signaling potential qualification bottlenecks or strategic rate setting.

NRL’s air monitoring BOO tender packs long-term fixed rates with steep uptime penalties
8NRL’s 10-year BOO contract for dual CAAQMS stations comes with zero price escalation, aggressive penalty clauses, and strict data ownership terms — signaling a tightening compliance regime tied to CPCB expectations.
8Qualification bar weeds out traders and recent entrants — only players with proven government CAQMS experience and OEM backing are eligible.
BPCL pre-tender call flags tight timeline, high spec demand for DCU off-gas compressor at Bina cracker
8EIL’s pre-tender notice for an API-617 centrifugal compressor sets a demanding 14-month delivery window and 110% flow design spec for BPCL’s Bina ethylene cracker. Early-stage clarity sought on licensor integration, turndown limits, and financial cutoff thresholds.
EIL mandates strict NDA and zero deviation for BPCL Kochi Desalter Package revamp
8Before even accessing tender documents, vendors must execute a watertight NDA binding them to 20-year IP restrictions.
8EIL’s zero-deviation bid structure and 1-month site execution window signal a tightly controlled procurement regime.
BCPL–EIL calls pre-tender huddle for composite works amid complex interface risks
8Prospective bidders for BCPL’s composite scope at Lepetkata in the North East have been summoned for a pre-bid meet on July 4, hinting at latent interface challenges across mechanical, electrical, and instrumentation streams.
8Tight execution interlocks and multi-disciplinary coordination risks loom large across Butene-1, HPG-2, and PSA units.
IOCL skips EMD, retains PBG in limited DG tender with reverse auction at Digboi
8Despite waiving the EMD for its revamp tender at Digboi, IOCL retains a 5% PBG demand and opens the bid to reverse auctioning — a blend of bidder relief and tightened delivery safeguards. With site supervision in, but site work out, contractor obligations are selectively deep.

8Something is just not right it seems

8Extension of the tenure of director [FACT]
8Hindustan Zinc contributes INR 18,963 crores to exchequer in FY25; nearly INR 90,000 crores in last 5 years [HZ]
8Intimation regarding delay in filing of related party transactions report and receipt of fine notice from NSE [NFCL]
8Change in key managerial personnel [AFL]

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RCF’s ammonia evaporator maintenance tender sets high bar with 24x7 execution, strict HSE and precision welding
8RCF Trombay has floated a two-year maintenance contract for its ANP plant’s 12-Ammonia Evaporator, demanding hydrotesting, CS/SS pipeline rerouting, valve overhaul, and structural revamp under tight timelines. With no arbitration, zero bid security, and steep safety penalties, bidders face a high-stakes, full-scope job where execution speed and technical discipline are non-negotiable.

8The company has announced a downward revision in styrenics pricing effective July 1, 2025

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Indian Oil has adjusted its polymer pricing structure effective July 1, 2025

8Starting July 1, 2025, OPaL has announced price changes across its polymer portfolio

8Reliance Industries has maintained its polyethylene terephthalate (PET) prices from July 1, 2025

8RIL has revised its polyvinyl chloride (PVC) pricing structure starting July 1, 2025

8With effect from July 1, 2025, Chiripal has maintained basic prices of PET resin at previous levels

8Effective July 1, 2025, Reliance Industries has increased basic prices of all polypropylene (PP) grades