8Petronet LNG has firmly placed all statutory clearance obligations — from PESO to EC — on the contractor for its nitrogen and air package, reversing common practice and hiking bidder risk and compliance cost.
8Key design flexibilities are granted, but on critical specs, the owner holds ground.

8Delhi’s tough stance on CNG vehicles could dent margins—but just slightly.
Find out how IGL is coping, and this could be a test case for all CGD entities as the EV push intensifies 

8Find out more

Cairn seeks fresh global playbook for procurement: Rajasthan operations eye overhaul in 8 weeks, but legacy, PSC, and tech sync gaps remain
8Vedanta’s Cairn Oil & Gas has issued a global EOI seeking expert consultancy to revamp its procurement manual for the RJ-ON-90/1 Barmer block under PSC and JOA constraints.
8The compressed 8-week delivery window raises flags over depth and rollout feasibility, especially since the current system was last revised just two years ago.
8Technology sync, cross-JV alignment, and PSC compliance will be key pressure points — but none are addressed up front.
SEAMEC wins offshore deck revamp job: Key clauses point to tight execution risks
8L1 contractor SEAMEC has bagged the NLM-9 spider deck retrofit job at Rs 39.2 crore, beating L2 AD Engineers by a sharp Rs 3.8 crore margin.
8But with ONGC’s 90-day fair-weather deadline and a 45-day front-loaded mobilization window, the contract clauses impose a highly compressed execution schedule with minimal buffer — making delays likely and risk-laden for the contractor.
NDT Labs wins offshore testing tender with deep discount: Raises sustainability questions
8NDT Laboratories Pvt Ltd secured a 3-year NDT contract from ONGC at Rs.1.19 crore, underbidding L2 Tubestar by nearly 61%. The scope includes continuous tubular inspection for offshore rigs — but the unusually low bid raises questions about service sustainability, equipment reliability, and manpower quality over the long haul.
Fugro’s offshore credentials face high bar: OIL demands ultra-deep precision for geohazard mapping
8Fugro Survey (India) Pvt Ltd is up against OIL’s ultra-deep drilling expectations, with bathymetry and AUV-based hazard surveys mandated in waters exceeding 2800?m.
8The scope pressures vendors on data fidelity, seismic layering detail, and AUV payload integration across blocks in Mahanadi and Andaman.
Truck-mounted HOCU clause tightened after safety concerns flagged
8ONGC revises technical specs for Hot Oil Circulation Units, mandating truck-mounted configurations from established manufacturers with minimum performance thresholds.
8The move comes after bidders raised alarm over potential fire and safety risks from unqualified suppliers.

Bid deadline extended for ONGC Hazira TPIA tender amid tight compliance load
8ONGC has pushed the submission deadline for its Hazira TPIA tender by 14 days, now closing on 10 July 2025.
8The extension is seen as a response to bidder readiness gaps amid a wide-ranging job package. However, lack of clarification window or revised timelines may still restrict quality participation.
OIL’s 2000 HP rig tender clocks 9th extension: Lack of bidder traction or prep-time crunch?
8OIL’s high-stakes 6-year charter rig hire tender has now seen 9 extensions, pushing bid deadlines from February to mid-July.
8With no changes to technical or commercial clauses, the delays suggest either tepid bidder response or serious prep bottlenecks on the contractor side.
8Is this now the new normal for large-scale rig tenders with longer duration tenure?
Tender extended amid compliance tightening: ONGC pushes vessel bid deadline to 10 July
8ONGC has extended the submission deadline for its 13-vessel charter tender to 10 July 2025, giving bidders time to adapt to a stricter “firm availability” mandate.
8The extension follows Corrigendum No. 2, which removed all scope for provisional or subject-to-availability vessels.
ONGC extends Assam HAZOP–QRA bid to 14 July: Delay signals response bottleneck
8In a second extension within days, ONGC has moved the deadline for its Assam Asset HAZOP and QRA study tender to 14 July 2025.
8The move suggests bidders struggled to compile extensive compliance data under compressed timelines.
8With risk mapping involving 28 installations, procedural and software-readiness hurdles may be behind the deferment.

Kakinada granulation push gears up: Coromandel bets Rs.500 Cr on NPK-led northward expansion
8Coromandel’s brownfield expansion at Kakinada enters execution phase with a Rs.500 Cr investment to commission a 7.5 lakh TPA NPK line by early 2027. Backed by state incentives and aligned with captive acid capacity, the project is set to make Kakinada India’s largest integrated phosphatic fertiliser complex, reducing DAP import dependence and targeting growth in underpenetrated northern markets.

This PNGRB is an entity that we like, it is always up to something or other. Well meaning? Yes the intent is right but they do not get it right most of the time. The depth is shallow, but they will learn it the hard way. like us doing this job for four decades, we learnt it the hard way how it all functions, eventually. Here are a set of new things they are trying and this is what we have to say:
8PNGRB’s “unified tariff” push risks igniting new regional fault lines in gas pricing
 As the Board pushes for "One Nation, One Tariff", producers near gas sources may lose competitive advantage, triggering regional tensions.
8Gas exchange dreams or market makeover mirage? PNGRB’s global ambitions under scrutiny
 Aiming to build a global-standard gas exchange, PNGRB faces serious liquidity and participation gaps at home.
8India’s gas regulator wants hydrogen pipelines before the molecule itself
 With no commercial hydrogen flows yet, PNGRB is drafting pipeline standards and blending norms—risking overreach.
8From tariffs to transmission: PNGRB readies blueprint for unbundling the gas monopoly
 Plans for an independent transmission operator mark the correct shift—but legacy players may resist hard.
8CBG rollout meets pipe reality: PNGRB sets 130-plant hook-up target—but who’ll pay?
 The regulator wants full CGD connectivity for CBG plants, but funding and pipeline ownership remain in limbo.
8Pipeline push to defence and NEZs: Will fast-tracked gas access outrun demand?
 PNGRB eyes PSUs, refineries, and industrial clusters for rapid pipeline expansion—but demand-side viability is unclear.
8India’s gas regulator wants to rate its own: sector awards to be handed out by PNGRB itself
 A self-declared 'excellence program' raises eyebrows—can a regulator credibly award the entities it polices?
8Penalty provisions get teeth: PNGRB plans tougher safety rules in line with global norms
 New T4S and ERDMP reforms may finally bring meaningful deterrents, targeting long-ignored compliance gaps.
8India’s LNG strategy goes micro: PNGRB bats for SSLNG, flex stations and island coverage
 Plans for decentralised LNG distribution could disrupt the gas logistics map—but real execution may prove tougher.
8Legal division on overdrive: PNGRB to draft consumer and data protection norms for gas sector
 New regulations aim to standardize data collection and empower gas consumers—adding regulatory complexity to operators.
8Co-retailing plan to blur lines between gas and oil retail?
 By pushing to allow diesel and petrol sales at CNG stations, PNGRB may trigger fresh turf battles in retail.
8POL logistics gets a national plan—but will anyone stick to it?
 The proposed national distribution logistics roadmap for petroleum products lacks clarity on enforcement and inter-agency buy-in.
8Smart meters, smart stoves, and smart delays? PNGRB’s tech push faces execution hurdles
 From digital meters to PNG stoves, the Board’s tech-forward vision may get stuck in state-level inertia and vendor issues.

8OIL’s high-value offshore tender for bundled services, including marine vessels, has now seen six bid deadline extensions between January and August 2025.
8Despite multiple amendments, bidders continue to hesitate—pointing to deeper structural or qualification mismatches.
8Is this a one-off or the start of a trend in offshore service aggregation failures?

This onland rig owner is suing the operator
8Find out what really happened

8ONGC's key offshore block, KG-DWN-98/2 runs into a problem again

8Find out more

Here are licensors selected for
8A PP plant
8LLDPE plant
8Butene-1plant
8Phenol plant

8The price of Ribbed Smoked Sheet (RSS) Rubber, Grade RSS3, has witnessed a noticeable rise in the Delhi market

8The price of fumed silica (Grade: CAB-O-SIL M-5-G) rose by Rs.3/kg in the Delhi market

8Cyclohexanone tankerload prices witnessed a notable drop in the Kandla port market today, driven by weakening demand and cautious buying behavior from downstream sectors

8After witnessing a sharp rise on June 30, 2025, Propylene Glycol prices have eased in the Kandla port market today

8Propylene Glycol Methyl Ether Acetate (PGMEA), an essential industrial solvent used extensively in electronics, paints, coatings, and printing industries, has witnessed a significant price increase in the Mumbai chemical market

8Today, the price of Potassium Sulfate 51% Granule has witnessed an upward revision of Re 1/kg in the Ahmedabad market

8The Delhi chemical market is currently witnessing a significant downturn in the prices of Adipic Acid, a key raw 8material used across diverse industries such as nylon production, polyurethane, plasticizers, and coatings

8Explore the latest bulk chemical prices from the Mumbai market, updated for today
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