News & Bulletin Updates

8The shipments are coming in from
8Basrah
8Bany Urip Marine Terminal
8Novorossiysk
8Ras Gharib
8Corpus Christi
8Ras Tanura

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8The shipments are originating from:
8Bintulu, Sarawak
8Ras Laffan
8Ingleside
8Dumyat
8Punta Europa Terminal
8Lake Charles
8Point Fortin
8Bonny
8Qalhat

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8India, the world's third-biggest oil consumer, has conveyed to OPEC countries its concern over high oil prices that are threatening to impact the nascent economic recovery after the devastating pandemic. New Oil Minister Hardeep Singh Puri has made phone calls to key OPEC nations to convey the desire for an affordable price for consumers.

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8Two chemial cargoes brought in by Pon Pure are up ahead
8One is landing on the 24th and the other on the 29th

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8A five company combine bring in a cargo of butyl acrtylate
8Find out who these assorted companies are

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8Two cargoes bringing in acetic acid are berthing at Kandla
8Find out the total cargo weight

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8A molasses cargo is berthing at Kandla
8Around 13000 tonnes is the crgo weight

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8A shipment of LAB has just off-loaded
8Find out the landing port

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8A cargo of denatured alcohol is expected tomorrow
8Indian Glycols Ltd is sourcing the cargo from Santos

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To the defeat of the local LNG industry, an FSRU that was meant to be at berth to supply gas via GAIL's pipeline network has set sail out of India at 8.30 am Saturday.
8The destination, according to reliable port sources, has been listed as Sharjah
8The company had announced that it wanted to commission its terminal in June
8What went wrong?

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8There seems to be some movement on the appointment of a new CMD in ONGC

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Here is a corporate battle between two E&P-related companies that seems to have gone completely out of hand.
8So much so that one has accused the other of falsely using its name and experience to continue working with ONGC
8The accuser has even taken out a newspaper advertisement to that effect

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8Here is a multinational that is awaiting orders to bid as EPC contractor in further downstream projects

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Jul 19, 2021: OPaL: Doing better

After a long struggle, ONGC Petro additions Ltd is on its feet
8A combination of greater feedstock availability and better capacity utilization seems to be providing results
8And ONGC plans to raise its stakes in the company
8But the company remains high indebted, and fixing that will take time

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8How are LNG netback prices calculated?
8And why for the Asian market JKM prices are the most relevant?

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The Cairn arbitration battle has opened up a can of worms in terms of sovereign powers and the ability of a company to extract an award in its favor.
8Cairn and Vodafone are not the only companies facing the brunt of Indian laws, there are others, with most recent case coming up last month
8Cairn’s enforcement kitty includes airlines, shipping corporation vessels, bank accounts, oil and gas fields and cargoes of the Indian state-owned enterprises

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As hydrogen gains in popularity, there is an understanding that hydrogen blending is possible in existing pipelines
8But are the questions there with respect to structural integrity? Will conventional pipelines be able to do the job?

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A major EPC contractor had to select from among four materials management software packages tailored to the unique processes of the oil & gas industry.
8One came out the winner

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8Indian state fuel retailers' gasoline sales exceeded pre-pandemic levels in the first fortnight of July, as motorists took back to the roads after states eased COVID-19-related lockdowns.

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8India's crude oil imports in June fell to their lowest in nine months, as refiners curtailed purchases amid higher fuel inventories due to low consumption and renewed coronavirus lockdowns in the previous two months.

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8Billionaire Mukesh Ambani-led Reliance Industries Ltd's plans for investing Rs 75,000 crore in solar, batteries, fuel cells and hydrogen could create valuation of USD 36 billion (Rs 2.6 lakh crore) for the new energy business, Wall Street brokerage Bernstein Research said in a report.

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8Fuel price has gone up because the international price for crude has shot up, the fuel price in India is linked to the international product price. We are working on increasing the reserves here in India by PPP, says Tarun Kapoor, Oil Secretary.

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8OPEC+ ministers plan to hold their next meeting on Sunday to decide on output policy, three sources within the producers group told Reuters on Saturday.

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C9 Solvent prices have escalated in the Chennai market, today. 

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Of the 14 carbon-neutral LNG cargoes5 that have been transparently traded, Shell supplied six from its global portfolio of LNG. Of the rest, Total and JERA each sold one, with the former from the Ichthys Field in Australia’s Browse Basin and the latter sourced from gas across Abu Dhabi’s onshore and offshore associated and non-associated fields. The remaining six included a range of participants.
8All but two of the 14 cargoes were purchased by Asian buyers for delivery to China, India, Japan, Korea, and Taiwan, with two cargoes purchased by Shell for delivery to Europe, with one from Gazprom and the other from Cheniere Energy
8Carbon-neutral LNG may constitute a tiny share of the LNG market now, but the trade holds the potential
8But the problem is are these cargoes really carbon neutral?

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