8Who says investing in India's oil & gas infrastructure is a bad idea for foreign companies ?
8Look at this one, it elicited a massive 270 per cent gain in valuation

1. OIL’s Deepwater Dreams Begin with Total and Petrobras on Board
8Backroom alliances with TotalEnergies and Petrobras mark Oil India’s pivot to ultra-deepwater exploration in OALP-IX and X—raising the stakes for India’s most geologically ambitious drilling campaign yet.
2. Flare No More: OIL Evacuates Stranded Arunachal Gas at Rs 6.5+/MMBTU
8Gas once flared at Kumchai is now monetized—thanks to new compressor stations and evacuation lines—ushering in both revenue and carbon offset gains.
3. One Pipeline, Two Strategies: Duliajan Feeder Line Rerouted to Save Rs 780 Cr
8Oil India reroutes its gas pipeline to skip Brahmaputra crossing, cutting one year of delay and Rs 780 crore in cost—quietly redefining gas infrastructure strategy in Assam.
4. Refinery First, Crude Later: Numaligarh Set to Commission Before Supply Line Completes
8The 9-MMTPA NRL expansion is on track for December 2025, but the 1,640-km Paradip crude line may cut it close—testing OIL’s execution choreography.
5. Mozambique LNG Eyes July Restart—Can the $1.8 Bn Bet Finally Pay?
8OIL’s biggest overseas investment inches toward revival as Total hints at restart this July—investors await a long-stalled dividend stream to flow.
6. NRL’s Polypropylene Bet Bucks the Downcycle—14.5% IRR Claimed
8At Rs 7,200 crore, OIL’s new PP plant stakes a claim to downstream value—despite global price headwinds and skepticism over standalone viability.
7. 75+ Wells, But No Wild Gambles: OIL’s Drilling Mix Tells a Conservative Tale
8While the company plans to drill over 75 wells this year, only 10–11 are truly exploratory—highlighting a risk-averse, production-first philosophy.
8. Diverging Fortunes: Standalone PAT Outpaces Consolidated as Overseas Ops Drag
8Despite robust domestic earnings, Oil India’s overseas subsidiaries weighed down consolidated PAT—pointing to structural volatility in its global portfolio.
9. Green Without Going Global—OIL Puts 5 GW Renewable Ambition Entirely on India
8Despite being active in 7 countries, OIL’s renewable roadmap to 2040 remains purely domestic—suggesting a cautious approach to energy transition risks abroad.
10. 20% of OIL’s Gas Output May Now Qualify for Premium Pricing
8CMD confirms up to 25% of OIL’s gas may meet ‘new well’ criteria under the Parikh formula—unlocking premium pricing amidst a bullish gas outlook.
11. 1 Lakh Cr Ambition, Quietly Confirmed: CMD Endorses Hidden Revenue Target
8CMD Ranjit Rath tacitly affirms that Oil India + NRL are chasing a Rs 2 lakh crore topline by 2030—a vision internalized across boardrooms.
12. Excise Windfall Secured: Northeast Refinery Benefits Have No Sunset Clause
8Contrary to industry expectations, CMD confirms excise duty exemptions for NRL will continue indefinitely—shielding GRMs and bolstering margins.
  

Semac is a desi diving vessel and marine logistics company with an impressive global footprint. And a lot is going on with it
8After months of downtime and visa delays, the Swordfish has been chartered by Aramco at a fixed rate for 730 days, signaling a long-term foothold in the Gulf’s saturated diving support segment.
8With all vessels deployed and no idle capacity, Seamec fast-tracks fleet expansion through a new MSV purchase—financed via internal accruals and debt—to meet a confirmed 4–5 year offshore contract.
8Despite UAE arm turning profitable, depreciation and interest costs from the UK unit continue to drag consolidated profits—pushes cash-positivity to FY26–27
8Seamec’s two-season alliance with Porsche Subsea and L&T concludes, with revenue fully recognized. The team now enters PRP-VIII—smaller, but strategic in keeping ageing assets productive.
8Despite rising O&M costs, three of Seamec’s oldest vessels remain operational. Company confirms no scrapping planned unless margins collapse.
8Investments in UK operations yield no immediate cash; losses tied to non-cash depreciation and interest on capex. Strategy being “re-evaluated.”
8Saudi Arabia’s visa ban for South Asians during Haj month stranded Seamec Swordfish at port in April, derailing initial March charter plans.
8All operational vessels now on 2–5 year charters; only Seamec Barge remains on scheduled off-hire during monsoons. Dry dock maintenance expected to cause minor revenue dips mid-year.
8Unlike drilling rigs tied to oil price swings, Seamec’s post-discovery MSV operations enjoy fixed charter stability—ensuring predictable returns even in downcycles.
8Seamec launches Searete India IFSC Pvt Ltd, a JV with Arete Shipping DMCC, to buy and charter bulk carriers. The venture is asset-backed and expected to generate rental income from year one.
8With tonnage tax shielding most shipping income, Seamec’s sudden tax spike arose from profits on its non-qualifying barge and income from interest and mutual fund gains.
8The long-promised transfer of HAL’s vessel Seamec Anant to Seamec Ltd is still under process. Seamec aims to consolidate ONGC contracts under its own banner during renewals.

8Vedanta has allotted Rs 5,000 crore in unsecured, listed NCDs across three series
8The allotment was approved by its Committee of Directors
8And this move supports the company’s strategic financing via private placement

8Antioxidant Grade 4020 has witnessed a price increase of Rs.3/kg in the Ahmedabad market

8Delhi, June 5, 2025 — The price of Silicone Oil (Grade L.K) has increased by Rs.3 per kilogram in the Delhi market

8The price of Carbon Black grade N220, produced by Philips, has seen a decline of Rs.3/kg in the Delhi market

8Pure Acrylic Emulsion (Grade 55%) prices in the Mumbai chemical market are witnessing a rise this week after a significant drop, ending a period of stagnation

8A surge in demand has pushed LDPE (16MA400) prices up in Kanpur

8Today, the Hyderabad market saw LLDPE (F19010) prices going up

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

8Caustic soda flakes prices in the Delhi market are subtly sliding downward, offering a minor but noticeable relief to industries reliant on this chemical

8The liquid chlorine market in Ahmedabad has today witnessed a price cut

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

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

8Lacerta Group has launched its Seal N’ Flip™ packaging, aiming to cut plastic use by up to 50%
8With both environmental and cost benefits, Seal N’ Flip™ positions Lacerta as a leader in next-gen food packaging

Despite IEX clearing prices shooting past Rs 10/kWh during peak evening slots, over half of India’s private gas plants stood idle in May.
8Is the issue a lack of fuel, or is gas power simply priced out of the market?
8Clearly, India's gas fleet is being bypassed at peak hour. Whether it's inflexible PPAs, expensive fuel, or system-level misalignment, the result is the same: stranded assets in a market that claims to reward flexibility.

BPCL’s compressor revamp tender retendered with tighter NDA, access controls
 8A revised RFQ for Bina refinery’s SPP compressor revamp enforces stricter digital compliance, NDA gating, and clearer OEM access rules — hinting at lessons from the first round.
 Signal cable scope raises qualifier alarm: GMPL PTA tender packs hidden specification Traps
 8While the GMPL PTA instrumentation cable tender outlines stringent IEC- and IS-based specs, bidders flag cumulative design obligations and inflexible drum constraints. Few Indian vendors may be able to fully comply without price or schedule risk.
 8IEC 60331, 60332, and LSZH clauses compound vendor material complexity—rare in a domestic-only tender.
 Licensor Stringency May Be Slowing BPREP’s PP-Butene EPCC Progress
 8The involvement of Axens and tight NDA controls suggest a licensor-driven delay in releasing engineering details
 8This makes it harder for EPC bidders to firm up proposals on time.
 8The Axens-BPCL NDA extends confidentiality to third-party subs, but also pushes full liability upstream to the bidder
 Buried risks and quiet reversals: EIL tweaks BPREP cooling tower tender under industry radar
 8Multiple commercial relaxations and shifting timelines signal trouble beneath the surface.
 8While structural terms seem minor, deeper financial and scope adjustments mark a silent recalibration in BPCL’s LSTK playbook.
 8We analyse what is really going on
 Exotic metallurgy puts local fabricators under pressure for heat exchanger order
 8With Monel cladding and UOP-licensed specs in play, few Indian firms may meet the qualification curve—raising dependency on niche foreign suppliers.
 Multiple bid extensions hint at scope confusion in MRPL instrumentation tender
 8Two-line teaser Five bid extensions and pre-bid clarifications expose deep-seated mismatches between vendor capabilities and EIL’s radar-level instrumentation scope.
 8Clauses marked “not applicable” suggest recycled ITPs with limited project fit.
 8Sections meant for float and servo instruments were retained verbatim, forcing bidders to sift through irrelevant clauses.
 8EIL insists on vendor-supplied still wells via MR, despite mechanical nature—adding ambiguity and capex.
 8Despite clear queries on tank volume and flow rates, EIL cites MR compliance—risking under/oversizing.
 8While regulatory compliance was acknowledged, EIL remained silent on alternate bonnet types and pressure range flexibility.
 8Bidders were told no deviations allowed, yet key technical ambiguities remained unresolved post pre-bid.
 8We analyse what is going on here
 Click on Details for more

Compressor tender brings heat: ONGC tightens vintage, safety and mobility rules
8From 120 kg/cm² pressure delivery to onboard fire protocols, ONGC’s Assam charter hiring tender leaves no margin for low-spec vendors.
8Contractors must park compressors on-field 24/7 but earn only by usage, raising viability concerns for smaller players.
8With deployments across Lakwa, Geleky, Demul and others, lack of clear site sequence may disrupt planning and spares stockpiling.
ONGC’s Nhava jetty revamp: Pre-bid clarifications fail to plug gaps as deadline shifts again
8Despite detailed pre-bid responses, queries on layout drawings, caisson handling logistics, and milestone payments persist—indicating that ONGC’s response may not have sufficiently addressed bidder concerns on-ground.
8The turnkey format may be nudging bidders toward JV models, but marine-civil-electrical integration is notoriously hard to align contractually—likely triggering repeated extension requests.
OIL’s 1000 HP rig tender sees slow traction despite attractive 2-year term
8A two-year deployment period usually attracts robust bidder interest, but repeated extensions point to deeper logistical or cost modeling friction—particularly on power-pack and maintenance responsibilities.
8Also, with India’s pool of active 1000 HP mobile rigs already thinned by higher demand, the delay could indicate tight vendor capacity and realignment with global or offshore fleet timelines.
ONGC diesel tender extended again: Why bidders may still be cautious
8Despite revised SCC and widened delivery flexibility, ONGC’s all-India diesel tender sees fresh deadline push to 04 June—suggesting private OMCs may still be weighing pricing versus infrastructure handover terms.
8The WDV clause mandating asset takeover and handback for diesel pumps is being closely scrutinized by bidders. The extension hints at ongoing internal negotiations over long-term capex recovery.
Click on Details for more

8Praj, IATA, and ISMA collaborate to boost SAF carbon certification in India [Praj]
 8Q4 and FY25 earnings conference call transcript [Seamec]
 8OIL India Ltd.'s annual investors and analysts meet 2025 [OIL]
 8Change in senior management personnel of the company [Adani Gas]
 8Synergia JV partner Selan secures drilling and workover rigs for Cambay PSC development program [Synergia]

Granular Single Super Phosphate Greenfield Project
8Cost: Rs. 148Cr.
8Project Event: The selection process for the LSTK contractor, originally targeted for completion by March 2025 and subsequently extended to June 2025, has now been further extended. This adjustment is necessary due to continued advanced discussions with local contractors and the ongoing resolution of key internal matters related to recruitment and project execution strategy. To ensure a comprehensive and well-informed decision that aligns with long-term project objectives, the finalization of the LSTK contractor is now expected by August 2025
Soda Ash and Ammonium Chloride Expansion Project
8Cost: Rs. 156Cr.
8Project Event:The Environmental Authority is in the final stages of granting clearance, with approval now expected by Q3 2025. The RFQ for the Project Management Consultant, originally planned for the end of Q2 2025, is now anticipated in early Q3 2025. Meanwhile, the company continues to explore financial support for its expansion. Following a favorable offer from YES Bank, the company has formally approached AMIH P Ltd for an Undertaking/Letter of Comfort worth ₹80 crores to secure funding.

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

UBD ARRIVES IN ASSAM: OIL’S TECH GAMBLE BEGINS WITH FEASIBILITY PROBE
Oil India launches rare call for UBD consultancy in mature basins, aiming to cut NPT and revive aging well economics.
8With no reference to candidate well logs or zones, bidders may face hurdles in delivering credible UBD projections.
8If successful, this initiative could become a precedent for non-conventional drilling models across Indian onshore assets.

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

8Paraformaldehyde 96% witnessed a price correction in the Mumbai market today, as local demand showed slight signs of weakening