8Indian Oil Corporation has drawn up a number of projects involving green hydrogen and fuel cells
8It will also use renewable energy through the grid to power its refineries as far is possible
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ExxonMobile is one of the world's largest oil & gas super majors
8It sells about 5 million barrels per day of petroleum products, through a global network of more than 20,000 retail stations and commercial channels
8ExxonMobil leverages proprietary, industry-leading technology to produce high-value performance products. They are differentiated due to their enhanced properties and the significant value they bring to our customers and end-users
8Find out more about ExxonMobil here
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8DCM Shriram plans to spend Rs 145 crore in fresh ethanol capacity
8Total output will be 320 KLPD
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After setting up exclusive email IDs to handle procurement-related issues that vendors may face, and an open-minded vendors conference attended by the company's top brass, ONGC is taking yet another step to revamp its purchase processes.
8Best practices for hiring of rigs, helicopters, offshore vessels as well as forthcoming EPC and LSTK contracts are being looked into, and these are likely to be incorporated in forthcoming tenders
Find out what is the next step the company is taking
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8A lot of LNG cargoes that India could not take due to COVID lockdowns or high prices have got diverted out
8And because of strong Asian LNG demand for summer and tight supply, the LNG got absorbed elsewhere without creating much of a problem
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ONGC promised that RFQs will come out for as many as four offshore projects before the current financial year is out.
The projects promised are
8Daman upside development project with 4 wellhead platforms and 1 process platform
8The 5th phase of the NBP field development project
8Cluster 9 marginal field development project
8Ratna process platform project (bridge connected to existing R-12 A platform)
But industry watchers are cynical about how many of them will actually hit the ground. After speaking to a cross-section of people, the website has arrived at a new shortlist
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8Why is ONGC stuck over its tender for two workover rigs in Mumbai High?
8When are the tenders going to open?
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8In this industrial cluster with a huge consumption of gas, the gas pipeline supplier has eliminated all possible competition from alternative fuel sources
8Much to the the discomfiture of the buyers
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ONGC's ambitious 33-well onland programme in the North East is likely to take off soon
8The wells are spread over 5 PMLs in an area of 570 sq kms
8The project cost is nearly Rs 2000 crore
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8Six early production systems are coming up along with attendant facilities
8The operator is GSPC
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8Goldman Sachs on Tuesday reduced its forecast for Brent crude oil to $75 a barrel for the third quarter, $5 lower than its previous estimate, as a surge in Delta variant COVID-19 cases takes a toll on demand.
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8Get the state-wise city compost sales made by marketing companies
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8The government's much-touted agro-waste to compost production scheme did not really take off
Find out more
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8To what extent is the fertilizer industry dependent on China?
8Know more
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8The government is playing a vital role to support IFFCO in it's efforts to encourage the production of nano fertilizers in the country
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The average LNG price for June is significantly higher than that of for the same month last year
8Higher prices meant lesser imports as well, again showing that India is a highly price-sensitive market, where the price elasticity is high
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8State-owned IOC, GAIL and ONGC may buy shares of Petronet LNG and Indraprastha Gas in the eventuality of an open offer getting triggered, post privatisation of Bharat Petroleum Corporation Ltd (BPCL), sources said.
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8Oil prices held on to most of their gains from the previous session on Thursday, as signs of stronger demand helped offset an unexpected rise in U.S. inventories.
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8Global commodity trader Mercuria is aggressively expanding its energy transition business, snapping up employees from oil majors BP Plc and Royal Dutch Shell, according to three people familiar with the matter and employee LinkedIn profiles.
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8World stocks and oil prices sank Monday as the spreading Delta variant of Covid-19 fueled fears of a faltering economic recovery, while the OPEC+ alliance agreed to hike output.
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8One of the biggest jobs in Horizontal Directional Drilling for pipelines is currently in the North East of India
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Here is a company that is marketing L-CNG, by pumping LNG straight into CNG stations and into vehicles.
8How does it work? LNG is Liquefied Natural Gas at -135 C and as it is three times denser than CNG, the need for compressor pumps is eliminated
8It is fast filling, and there is less consumption of power, and manpower requirement is lower
8It is being supplied at a lesser cost than at which CNG is available
8Then the company is also looking at H-CNG, all of this viewed within a realistic paradigm.
8And, all at a reasonable cost package for the CGD owner
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8ONGC has found a quicker way to resolve payment related issues
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Small scale LNG can be a problem solver for the gas industry in India.
8And it can cater to up to 20 mmscmd of demand
8And it is cost effective too, according to this analysis
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DAP Greenfield Project
8Cost - Rs 200 crore
8Project Event: The proposal for the term of references has been accepted and studies are still ongoing, proposal for the environmental clearance is likely to be submitted in August 2021. The company has applied for a loan, RFQ for the EPC the contractor is likely to be released at the end of September 2021.
Phosphoric acid Expansion Project
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, a proposal for environmental clearance is likely to be submitted in August 2021. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in September 2021.
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