News & Bulletin Updates

Pre-bid buzz grows for BPCL’s Bina tank package as EIL sets tight timeline, wide scope
 
8The DR/CR/IFR tank tender for Bina’s refinery-petrochem expansion draws attention for its scale and compressed execution schedule.
 
8EIL’s demand for zero-deviation bids amid 18-month deadlines may challenge vendor bandwidth.
 
Desalter retrofit at Digboi raises risk-reward bar with hybrid scope and strict PGTR timeline
 
8Digboi’s desalter revamp puts vendors in a tight spot—retain the old shell but deliver new performance with capped power, OEM supervision, and rigid test run deadlines.
 
8A brownfield retrofit wrapped in greenfield obligations.
 
CPCL’s green hydrogen tender raises eyebrows over asymmetric BOO risk load
 
8Despite industry calls for parity, CPCL has retained rigid timelines, LD terms, and effluent obligations, while deleting CPG.
 
8The pattern marks a concerning tilt of commercial risk onto private developers.
 Three-stage NDA deadline signals deep bottlenecks in IOCL’s Spheripol-linked Paradip tender
 
8Bidders get successive extensions to meet the NDA formalities in the IOCL ethylene purification EPC bid.
 
8The rigid format, foreign licensor conditions, and restricted bid access expose contractor-side challenges in sensitive tech tenders.
 Bid deadline extended for IOCL’s SAF HEFA EOI as vendors seek more time
 
8IndianOil has pushed the submission date for its SAF catalyst system and reactor design EOI to July 5. The extension signals deeper vendor due diligence and possible NDA-linked document delays. Find out what we know.
 
Interest clause replaces RA deductions in BPCL bullet tender: Bina refinery EPC update
 
8BPCL has removed the controversial 10% deduction-from-bill clause for delayed performance bank guarantees in its bullet storage EPC. However, a new penalty now applies—marking a shift in risk from cashflow to finance cost.

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8Find out why despite is small size, it is only bigger EPC players who can take part in it

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8While IGX touts flexibility, questions remain on whether BOM’s pricing—tied to JKM, Brent, and GIX—can offer reliability for industrial consumers.

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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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8Energy efficiency and productivity improvement in indian fertiliser plants [FAI]
 
8Current news on the latest developments in fertiliser, energy, weather, agriculture [FAI]
 
8DoF rejects recognition of EPMC/Spot gas for trombay urea; rs.204.14 cr adverse impact expected

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8Formosa Plastics has released its revised polyvinyl chloride (PVC) prices for August 2025 shipments

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8The Delhi chemical market witnessed a modest decline in Hydrofluoric Acid (imported Tanfac material) prices today, marking a subtle shift in trade dynamics

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8The price of epichlorohydrin, a vital industrial chemical extensively used in epoxy resin production, water treatment, and synthetic glycerin manufacturing, has witnessed a sharp increase in the Delhi chemical market

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8Today, prices of Compound fertilizer (45% CL grade) have witnessed a notable increase of Rs 1.5/kg in the Mumbai market

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8SVR3L Compound Rubber prices in the Ahmedabad market were quoted higher today

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8The price of Compound Rubber Grade STR20 dropped by Rs.5 per kilogram in the Mumbai market. According to trade sources, the rate declined from Rs.164/kg on June 25 to Rs.159/kg on June 26

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8Dioctyl Adipate (DOA) prices have recorded a sharp decline in the Mumbai chemical market

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8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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8Domestic prices of Dioctyl Terephthalate (DOTP) have declined in the Delhi chemical market, reflecting subdued demand conditions

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8After a long period of price stability, Monostearin (40%) prices have registered a significant increase in the Delhi Chemical Market

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8BDGE (Butyl Diglycol Ether) prices have witnessed a surge in the Mumbai chemical market, breaking the stagnant trend of the last few days

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8The price of HDPE, grade (E52009), in the Chennai domestic petrochemical market was low today

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8The domestic market for propylene in Delhi (H030SG) experienced a price movement today

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8Prices of Polyethylene Glycol 600 (PEG 600) have moved upward in the Mumbai chemical market

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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

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8Project Name: Mirzapur, Chandauli and Sonbhadra District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Here's what's happening today in the E&P, midstream-downstream, and CGD section

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Jun 25, 2025: E&P Contracting Brief

ONGC formalizes CEIL’s exclusive inspection role under new WRGLE contract
8A formal MoA signed in May 2025 cements Certification Engineers International Ltd. as the sole third-party inspection agency for ONGC’s wireline gas lift equipment procurement.
8This institutional shift brings all QA under CEIL's purview, embedding API 19G1/19G2 compliance across every component batch.
ONGC stretches PBG validity to 14 months post contract in Mehsana tender
8In a notable deviation from standard PSU norms, ONGC’s latest electrical servicing tender for its Mehsana rigs requires performance guarantees to remain valid for 14 months beyond contract expiry.
8The extended liability period raises fresh concerns over vendor cashflow and post-contract risk exposure.
MSME relaxations fully denied in ONGC’s latest gas processing tender
8In a clear departure from GeM norms, ONGC has disabled MSME exemptions for experience and turnover, effectively blocking smaller firms from participating in this high-value dual-asset contract.
Hot tapping without bypass raises execution risk in critical OIL job
8Oil India’s latest pipeline intervention tender mandates stoppling on a 600 rating line without providing a bypass.
8This pushes full containment responsibility onto the contractor, with no fallback flow path during execution.
Bid deadline for eastern offshore seismic survey now extended to 1 July
8Oil India has pushed the bid deadline for its ultra-deepwater 3D/2D seismic tender to 1 July 2025.
8The move may allow more vessel operators and geophysical majors to assess broader zone clauses introduced via Corrigendum 2.

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Sole-bid scenario raises procurement risk in Petronet’s hydrogen tender
8Only UOP India filed a bid for the PSA hydrogen unit in Dahej, raising cost visibility and vendor lock-in concerns under a tight licensor framework.
Vinod Fabricators lands Delhi LPG pipeline revamp with 37% price cut, raises risk concerns
8In a startling price divergence, Vinod Fabricators secured the IOCL Delhi LPG pipeline contract with a quote nearly Rs. 2.1 crore below the next contender and 37% below IOCL's estimate—triggering industry talk on margin stress and bid realism.
Elazra undercuts nearest rival by 12 % to win Rs.8.78 L HAZOP & QRA contract
8Elazra Corporation secured the HAZOP & QRA study for twenty WRPL stations with a bid of Rs.8.78 L, beating TUV India by 12 %. Such aggressive pricing—50 % below the next three valid bids—raises margin?viability and execution?risk questions.
 
Dutt Engicon bags ONGC Hazira slug catcher job with 40% bid edge; rivals price in risk
8A massive 74% spread separates L1 and L3 in the slug catcher health check tender at ONGC’s Hazira terminal. The outcome suggests aggressive undercutting by L1, even as others factored in risk exposure.

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