News & Bulletin Updates

There are a whole bunch of start-ups in the oil & gas sphere which are all doing wonderful work
8We list out 17 of them, and they can be food for thought to our readers
8And those who want to make easy money being agents of foreign principals, this route is a good way out too, but what is needed here is an innovative mindset

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8Find a snapshot of the E&P and Midstream-Downstream & CGD sectors for the day

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8Transfer of Shares to Investor Education and Protection Fund [NFL]
8Penalty Imposed by Customs Department on Rashtriya Chemicals and Fertilizers Limited [RCFL]

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8Sealmatic India Announces Inauguration of New Manufacturing Facility at Kaman-Vasai [Sealmatic]
8Change in Director of the Company [Petronet]
8Notice of Postal Ballot under Section 110 of the Companies Act, 2013 [ATGL]

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8Green hydrogen production costs remain 1.75 times higher than grey hydrogen and 1.5 times more than brown hydrogen, making adoption a challenge
8Can innovation and policy support close the gap, or is mass adoption still far off?

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The offshore rig market has turned
8What goes up goes down is the logic of this market
8And for this offshore E&P company a drought of rigs has suddenly turned into a sea

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8India is channeling Rs 1040 crore into a cutting-edge transmission network to power India's Green Hydrogen and Ammonia projects

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8This seismic tender got a single bid
What is it that the E&P company needs to do to elicit a better response?

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18-day refinery unit shutdown ahead
8Major repairs needed in one unit

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8While the cost of Gas Insulated Substations (GIS) is higher than that of Air Insulated Substations (AIS), GIS is emerging as the preferred choice for green hydrogen projects
8Find out why

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Why did Carlton Industries Engineers get beaten by a wide margin in this contract
8Clearly this contractor needs to mind its costs
8There was a clear misreading of the job at hand
8We provide a template on how Carlton can do it better next time around

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How exactly is the tariff rate determined for a gas based power plant? 8A gas supplier must understand all the nuances as over time, with more renewable power coming in, the power sector will possibly be the biggest gas consumer. 

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Rs. 5500 crore thermal power expansion project: RFQ ahead
8Bid evaluation is in progress for NDCT package.
8
RFQ for the AHP package is likely to be floated in December 2024.
Rs. 1600 crore greenfield pumped storage project: RFQ ahead
8Forest clearance(stage-1) has been granted.
8TEC is yet to be granted.
8
RFQ for the PMC is likely to be floated in January 2025

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Hydrogen use can be a double edged sword for those who want to ferry them through their traditional gas pipeline networks
8It can be more of a problem even for climate enthusiasts
8So if you have a pipeline and you think you can convert into a hydrogen line or a hybrid hydrogen line, it is not at all that easy

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Cryogenic transport is the next big thing
8Find out why this company thinks it is the best in the business

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DAP/NPK Phosphoric Acid and Sulphuric Acid Greenfield Project
8Cost: Rs. 6433.52 Cr.
8Project Event: The project elicited the environmental clearance on November 4, 2024. The internal discussion is ongoing. The RFQ for the LSTK contractor is likely to be released at the end of December 2024.
Ammonium Nitrate Greenfield Project
8Cost: Rs. 300 Cr.
8Project Event: Due to delays in the evaluation process, the project is currently in the tendering phase. The LSTK contractor is expected to be finalized by the end of January 2025. Additionally, the company has engaged Kerney as its Strategic Management Consultant.

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8Skepticism abounds over HOEC's next move

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What do these companies have in common:
8OCS Services (India) Pvt Ltd
8Prumatech Services Pvt Ltd
8Shapoorji Pallonji

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Gas storage is full
8So why are gas prices still tightening?

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8This domestic company wants to sell gas in the exchange than indexing it to any other benchmark
Why is that so?

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8What has gone wrong with the share price transfer of MCFL ahead of the merger of Paradip Phosphates with MCFL?
Find out how it is part of a larger story

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8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore 

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8Project Name: Anand District (except areas already authorized) City Gas Distribution
8Project Cost: Rs 350 crore

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8This company claims that it will produce the world's lowest cost hydrogen in India

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8Both the Indian rig market and the Indian offshore marine spread market are set to be disrupted if what is happening at the ground level eventually translates into action

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