Honeywell selected as the preferred vendor for this high value integration work
8The tender process was just a formality

A fuel farm facility needs a design consultant
8Why did only a single bidder qualify?

The IOCL chairman's selection is highlights in sharp relief what is wrong with the system today
8There was intrigue and there was drama, unbecoming of a government in power
8What is more the drama continues to unfold even now

Why does Mega Engineering dare to go where others do not want to go
8Some of the largest EPC companies decided not to go where Megha went recently

Some of the biggest oil majors were in the race for a piece of this Indian E&P property
 And among them were
8Chevron
8ExxonMobil
8Total
8Shell
8ENI
8Total
Eventually no one turned up

8Find today's updates in E&P and Mid-Downstream sector

For the first time, Indian agriculture will be generating big data that will help solve some of its intractable problems
8Will lead to large scale optimization
8How is big data going to be generated?

8What is the remuneration of a CEO of medium sized private sector fertilizer company?

What the male to female ratio in a typical fertilizer company
8It is very poor indeed
8Not just that, despite the poor ratio, the attrition rate of female employees are higher

NFL has picked up a total of 6.40 lakh tonnes of urea as of today at its counter price
8More cargoes are expected to be picked up tomorrow
8Find out who got how much

Adani's shock entry into the offshore E&P services industry has rattled other stakeholders.
8And stirred up a hornet's nest
8Find out what is really going on 

NRL's polypropylene expansion is going ahead
8The completion is scheduled for 2027-28
8And it has starting the initial contracting process

8The mass commoditization of the manpower placement services even when they involve subject matter experts is something that needs attention
8The bigger outfits, which are more organized are just not able to compete any more

This was a global expression of interest by IOCL
8And what is surprising is that it ended up with just one desi bidder
8This begs the question: Was an EOI needed at all?
8What we think happened was that the EOI was badly off the mark, and did not address the right issues

This E&P company allows for more flexibility in its seismic tenders
8Extensive changes were made that allows for mobilization efficiency while also being realistic to the situation on the ground
8These are changes for the good

You can bring in equipment which is 15 years old for this critical field E&P job
8Or else, without this relaxation, competition would have been limited
8There were other changes too

This offshore rig company finds ONGC to be a cash cow
8And back to back contracts for three to five years is what brings in the cash
8So much they earn more money when they are redeployed with ONGC at higher rates
8If a rig is not employed with ONGC, it tries it very best to get it on contract with ONGC
8Also know more on why ONGC is a preferred partner than Cairn or RIL
8It is an easy cash flow model.

This offshore tender wants to keep out really small players from trying to come in
8And has now specified vessel age as well as experience criteria
8Will a local content requirement come in the way?

8The price of Base Oil (SN400), a crucial energy component used in the production of oils, waxes, and resins, has experienced a drop in the Delhi market. Industry reports indicate that domestic production prices for Base Oil SN400 have decreased by Re.1/kg. As a result, the price has fallen from Rs 83/kg to Rs.82/kg

8The price of trichloroethylene is experiencing a notable increase in the Ahmedabad chemical market. According to sources from Petrochem, the rate has risen from Rs.108/kg to Rs 110/kg today

8The price of Ethylene Dichloride (EDC) imported by tanker load has experienced a consecutive decline at Kandla port. Following a Re.1/kg decrease on September 4, 2024, the price has dropped an additional Re.1/kg today, bringing the rate down from Rs 42/kg to Rs.41/kg

8The price of Propylene Glycol imported by tanker load has decreased at Kandla Port, reflecting recent market adjustments. The rate has dropped by Rs. 1.5/kg, reducing the price from Rs. 86/kg to Rs.84.5/kg

8The price of isophthalic acid, produced by Lotte Korea, has decreased in the Mumbai market following a period of stability. The price has dropped by Rs.5/kg, bringing the current rate from Rs.119/kg to Rs.114/kg

8Vinyl Acetate Monomer (VAM) imported by tanker load has decreased at Kandla port today. The price has fallen by Rs.1.50/kg, bringing it down from Rs.66/kg to Rs.64.50/kg

8The price of Butyl Acrylate Monomer (BAM) imported by tanker load has decreased at Hazira Port today. Industry reports indicate a price drop of Rs.2/kg, bringing the new rate down from Rs.135/kg on September 4, 2024, to Rs. 133/kg