News & Bulletin Updates

8It is setting the bar too high
In the process, it will end up going through a long and messy iterative process

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8The job is how to future proof the refinery

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8Why does India's premier public sector consultant often sets the table but only to watch global players walk away with the feast?

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ONGC's offshore vessel requirement dropped from 13 to 10
8Yet the competition for these vessels is intense
8An outlier is likely to bid insidiously low, and ONGC will hold the rest of the bidders to that price

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8Through a mix of own funds and borrowings, it is trying to reduce its US exposure.
Is this part of a larger pattern? 

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8Bid window for B-80 crude oil sale pushed to 23 July amid delays in assay sharing and bidder readiness. Questions linger on data transparency and e-auction preparedness.

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8Get the latest LNG prices here that were elicited by Indian buyers

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Jul 17, 2025: E&P Contracting Brief

Skid to screen: OIL’s Plug-and-Play model
8OIL mandates full skid integration of diesel compressor, air dryer, and twin receivers—compressor sets are no longer standalone units.
OIL Scales Down Scope of Wireline Logging Tender to 1 Year, Relaxes Tool Specs
8Oil India has amended its Mahanadi Basin wireline services tender, shortening the price evaluation period and tweaking key tool specs to broaden vendor participation. The move appears to address bidder challenges around pricing clarity and technical compatibility.
High-Stakes CSS Tender at ONGC Mehsana Extended Again Amid Tough Performance Clauses and Vendor Risk Loading
8ONGC’s tender for high-pressure mobile steam generators in Mehsana's heavy oil fields sees another deadline push.
8But it’s the contractor's performance risk, steam quality penalties, and real-time monitoring mandates that are making this one of the most operationally intensive contracts in the segment.
ONGC Backs PM Internship Scheme in TPI Empanelment Push
8Corrigendum introduces preference for ONGC-trained interns under PMIS; a shift toward policy-aligned contracting.
ONGC Rejects All Major Bidder Requests in Valve Servicing Tender, Risking Lower Competition
8All eight key requests by a prospective bidder — including fairer payment for rejected valves and relaxed BEC — were denied.
8ONGC’s uncompromising stance may favour large incumbents but discourages broader participation.

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IOCL Paradip Shutdown Tender Tightens Prequalifiers, Signals High Stakes for SRU Overhauls
8IOCL’s critical shutdown contract for SRUs 86 and 87 at Paradip Refineries sets stiff financial and execution benchmarks, indicating a high-risk, high-reward scope. Despite being a one-time job, compliance burdens and prequalification thresholds mimic long-cycle AMCs.
HPCL’s Visakh Refinery RLA Tender Locks Out Startups, Tightens Manpower & Mobilization Timeline
8In a high-spec RLA tender for CDU-III and FCCU-II, HPCL mandates API-qualified teams, rules out startup participation, and enforces strict 30-day execution. New LD triggers and compliance-heavy deployment norms signal a shift toward zero-laxity asset assurance.
BPCL’s 220kV GIS Tender Sees Heavy Pushback on Risk Transfer Clauses; EIL Stands Firm
8In BPCL’s GIS package under BPREP, bidders raised over a dozen contractual objections—especially on force majeure, risk purchase, and liquidated damages. EIL rejected all, reaffirming its uncompromising risk allocation framework.
BPCL’s Water Block Tender Grows More Complex with 42 Amendments; O&M Burdens Shifted to Bidders
8The latest technical amendment for BPCL’s Bina water block tender adds operational scope, mandates real-time instrumentation maintenance, and alters design data sheets. This has increased execution risk and long-term manpower obligations for contractors.
EIL Tightens Specs in Dahej Cryogenic Package with Multiple Tube Metallurgy Mandates
8With at least three clauses now mandating hot-extruded mother tubes and older EIL specs overridden, Petronet LNG’s compressed air & nitrogen package takes a quality-over-cost turn. API edition and P&ID changes further reflect spec discipline.
Paradip ETP Pipeline Tender Sees Fourth Deadline Shift as Bidders Seek Clarity Amid Challenging Offshore Scope
8The offshore pipeline tender floated by EIL for NRL’s Paradip project has witnessed four bid due date extensions, signaling contractor hesitation around marine trenching, diffuser installation, and technical detailing. With limited response clarity, EIL’s delay streak highlights mounting pre-bid uncertainties.
EIL Faces Heavy Spec Revisions and Multiple Extensions in Pump Tender for BPCL Kochi PP Project
8A horizontal pump package for BPCL’s polypropylene unit at Kochi faced four bid extensions, revised datasheets, and non-negotiable digital compliance — revealing deeper bidder-side compliance hurdles than the limited participation suggests.

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There are two projects that are on currently
8We find out why theyt can get into trouble

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8Find out why everything is on fire

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8Find out more

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo

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8Annual report 2024–25 [DCMSR]
8Business responsibility and sustainability report for FY 2024–25 [DCMSR]
8Audio recording of earnings conference call [MBAPL]
8AGROPHOS board approves Rs. 3 crore acquisition of Bharat Phosphates & Chemicals business [APIL]
8Clarifications for financial results for the quarter and year ended 31st March, 2025 [APIL]
8Change in the senior management [NFL]

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Jul 17, 2025: Fertilizer brief

MFL's Sodium Bi-Sulphite Tender Piles Cost Risk on Vendors with One-Way Quality Controls and Stiff Credit Terms
8Madras Fertilizers' 45 MT chemical tender enforces in-house lab analysis as final, with pro-rata penalties below 60% purity and harsh rejection under 58%. Coupled with 60-day credit cycles and one-sided unloading norms, risk exposure squarely rests on the vendor.

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8The price of Sodium Fluoride in the Mumbai chemical market has shown a slight upward movement, rising from Rs.74/ kg to Rs.75 / kg this week. The increase, though marginal, reflects firming demand from the pharmaceutical and water treatment sectors, along with rising freight and handling costs

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8In today’s trading session, prices of Dioctyl Adipate (DOA) declined in the Delhi market, driven by softened demand and comfortable inventory levels

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8In Ahmedabad, the price of Duty?woven organic yarn, NE 40/1 combed, rose from Rs.146 per kg on July 16 to Rs.149 per kg on July 17, a Rs.3 increase in just one day. NE 40/1 is a fine, ring?spun combed organic cotton yarn prized for its softness, strength, and evenness, making it a top choice for premium shirting, blouses, babywear, luxury home textiles, and even technical fabric applications

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8Mumbai, July 17, 2025 – The price of Polyurethane Resin in the Mumbai chemical market increased by ?4/kg, climbing from ?176/kg on July 16 to ?180/kg on July 17. This sudden price rise has been attributed to supply-side constraints and strong demand from downstream industries such as automotive coatings, adhesives, and electronics manufacturing

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8The main reason for this price hike is disruption in the global supply chain, high production costs and volatile international demand

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8A surge in demand has pushed LDPE(124FS040) prices high in Delhi

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8Today, the Bangalore market has seen LLDPE (E24065) prices moving up

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8Stable Demand and Supply Keeps Prices Flat; Key Indian and Global Producers Remain Steady

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8Stable Demand and Supply Keeps Prices Flat; Key Indian and Global Producers Remain Steady

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8Key Indian and Global Producers Remain Active

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