News & Bulletin Updates

8Result of the interview held on 07-07-2025 for the post of Individual Consultant Engineering (Level-I) [PNGRB]
8Annual report 2024–25 [MRPL]
8Audio recording of post-results conference call held on 28th July 2025 [Petronet]
8Q1 FY26 financial results for the quarter ended 30th June 2025 [GAIL]
8GAIL reports Rs.34,792 Cr revenue and Rs.1,886 Cr PAT in Q1 FY26 [GAIL]
8Investors’ & analysts’ presentation Q1 FY’26 [GAIL]
8ONGC, BP Exploration & Reliance Industries sign joint operating agreement for Saurashtra Basin offshore block [ONGC]
8Financial results for the quarter ended 30th June 2025 [ATGL]
8Adani Total Gas Q1 FY26: 16% volume growth, Rs.301 Cr EBITDA, 650 CNG stations, 9.9L PNG homes, 3801 EV chargers [ATGL]
8Earnings call for the quarter ended June 30, 2025 [DIL]
8Business responsibility and sustainability reporting [HPCL]
8Annual report 2024–25 [HPCL]

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8Project Name: Ganjam, Nayagarh and Puri Districts City Gas Distribution
8Project Cost: Rs 250 crore
To access this data, please contact our sales team

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8Project Name: Agra Districts City Gas Distribution
8Project Cost: Rs 250 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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8Hope can come from a different direction

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No Room to Wiggle: HPCL Enforces Zero Deviation on Hydrotesting Tender
8Even minor commercial deviations could lead to outright rejection, tightening risk on otherwise standard scope.
BPCL Floats CFO Consultancy Tender for Malkapur POL with Site-Heavy Compliance Burden
8BPCL seeks a consultant to secure “Consent for Operation” from TSPCB for its new Malkapur POL installation.
Bid Deadline for NRL DCU Revamp Tender Stretched Again, Signals Complexity in Scope Delineation
8The bid submission timeline for the E&I works in NRL’s DCU revamp has now been extended thrice, suggesting ongoing bidder uncertainties. Pre-bid clarifications point to scope exclusions and OEM dependencies, which may impact bid pricing and risk absorption strategies.
GAIL Gas Holds Ground as Bidders Flag Design and Duty Cycle Anomalies at Sonbhadra LNG Site
8Despite multiple clarifications sought by vendors, GAIL Gas has largely upheld original tender conditions, refusing to soften specs on saturation vaporizers and regas cycles, indicating a firm stance on performance expectations.
GAIL’s Chemical Treatment Tender Sees Deadline Push Amid Tight Qualification Tiers
8GAIL has extended the bid deadline for its Pata-based GCU chemical treatment tender to 08 August, reflecting complexity in licensor-led qualification and dual-group structuring. Exclusionary criteria and limited vendor eligibility could shape a tight bidder pool.
Tender for CAAQMS Stations Sees Further Deadline Push as NRL Resists Relaxation Requests
8Despite vendor pleas for alignment with CPCB norms and infrastructure cost reimbursements, NRL holds firm on uptime and analyzer specs; three bid deadline extensions signal ongoing bidder alignment issues in Assam’s remote monitoring project.

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8Sustainable Aviation Fuel seeks global contracting
8But is there hesitancy among global players

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8With critical API-qualified inspection services in focus, HPCL grants more time for bidders in high-stakes life assessment tender. Start-ups explicitly excluded as risk threshold remains high

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8Corrigendum shifts key responsibilities to bidders for electrical connections and mandates stricter timeline compliance, potentially tightening execution margins for April 2026 Turnaround at Mumbai Refinery.

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NRL Holds Firm on 70:30 QCBS Ratio for ESG compliance Despite Industry Pushback
8Contractors sought a shift to 80:20 citing strategic complexity, but NRL stood ground, risking bidder dilution for cost control.
Process Traps: Confidentiality First, Competition Later
8IOCL mandates NDA with licensor POERNER before bidders can even peek into the specs
BPCL Floats High-Stakes Decontamination Job with Tight KPIs, Extends Deadline Amid Corrigendum Shuffle
8With stringent decontamination deliverables and a hard 60-hour turnaround cap, BPCL’s CDU3/NHGU package demands precision execution. A last-minute corrigendum introduces new commercial risk dynamics for prospective bidders.
Scope Split Clarified, Cable Burden on Contractor: BPCL Tweaks April 2026 Package-3 Decon Tender
8BPCL's latest corrigendum for its RMP SRU–DHT–KHT decontamination job pushes electrical power cable scope entirely to bidders, while easing drawing timelines. With 60-hour windows and strict LD clauses intact, bidders face sharper execution risk.

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This flagship CGD company saw a sharp rise in cost.
8This does not augur well for the industry.
Will this hold up?

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On paper, there’s no shortage.
8On the ground, there’s black marketing, FIRs, and angry farmers.
8The gap between allocation and availability has never been more visible.
Get a data driven understanding of the situation

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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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8Earnings conference call transcript of Q1 FY26 [KPL]
8Financial results for the quarter ended June 30, 2025 [PPL]
8Financial results for the quarter ended June 30, 2025 [MCFL]  
8Revision of Estimated Project Cost for TAN Project, Gopalpur to Rs.2,675 Crores Approved by DMSL Board [Deepak Fertilizer]

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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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Odisha is rolling out the red carpet for next-gen manufacturing!
8These hi-tech parks aren’t just flashy—they’re built to woo big-league investors
8Think smarter machines, slicker processes, and serious industrial swagger
8Ready or not, Odisha’s stepping into the spotlight

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8India’s BioE3 Policy is turning up the heat on bio-based chemicals
8It’s all about green gains and eco swagger—but tricky feedstocks and red tape still lurk
8Industry players better buckle up for a policy-powered ride
8This could be the shakeup that puts India’s chem scene on the global bio-map

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Chembond’s cooking up something big in Belagavi!
8The new plant screams “next-level capacity” in key sectors
8This bold move might just shake up the regional chemical scene
8Rivals, consider yourselves warned

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8The government has launched funding support for Centres of Excellence in the chemical sector
8Each project can receive up to Rs. 5 crore to boost R&D and innovation
8The initiative aims to reduce import dependency through homegrown tech
8It’s a key step toward strengthening domestic manufacturing capacity

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

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8Project Name: Bengaluru Rural and Urban City Gas Distribution
8Project Cost: Rs 250 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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8The winner secures ONGC’s 3-year Cambay rig charter with a quote over Rs. 81 crore, beating the next bid by 13.5%.
8Price margin suggests regional pre-positioning may have influenced competitiveness without triggering stress bids.

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8The engineering-heavy tender for 24 WHPs and over 600 km pipelines has been cancelled with no cited reason.
8The decision came on the very day of the pre-bid meet—raising serious questions about internal readiness and contractor alignment.

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This E&P operator clamps down on tool drops with Rs. 60,000 penalty structure
8The contractor must report any dropped scraper within 8 hours or face dual penalties.
8Fishing assistance is compulsory, making each incident a costly service risk.
8Contractors must procure both winch and vehicle not older than 6 months from bid opening—blocking reuse of existing fleet and inflating upfront capex.
AMC contractor must handle OEM coordination and firmware upgrades at OIL pump station
8OIL’s latest 3-year AMC tender for mainline pump sets at PS6 includes unusually tight SLA penalties, NABL-linked calibration demands, and a firmware update clause—all without cost passthrough.
8The contractor is made fully responsible for OEM liaison, documentation, and tool logistics.
Bidder wins ONGC NDT contract at 81% lower than next bidder
8A sharp price drop in ONGC's rig mast inspection contract raises eyebrows on delivery margins and triggers questions on cost realism versus risk appetite.
ONGC extends LTSOBM tender to August 25 amid anticipated bidder pushback on execution complexity
8The three-year, 18-well synthetic mud engineering package in Rajahmundry sees a fresh bid deadline.
8But the real story lies in the multidimensional risk-sharing model, extensive documentation requirements, and contractor-penalizing clauses that may be holding back robust participation.
OIL pushes forward EOI deadline for 5-well frac campaign
8With only a 7-day extension, vendors eyeing the multi-frac tender in Assam’s Barail sands must still scramble to align equipment, experience logs, and staffing plans.
8The brief delay suggests bidder caution but not outright disengagement.

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