Additional Cooling Tower Erection Project
8Cost: Rs. 10Cr.
8Project Event: Paharpur Cooling Tower has been finalized for the supply of cooling towers. Earlier, the evaluation process was ongoing, with Paharpur showing greater interest than Koolaqua Towers Private Limited.
Urea Reactor (R1) and Carbamate Condenser Unit Revamp Project
8Cost: Rs. 200Cr.
8Project Event:The tender for inspecting the Urea Stripper (11E1) and Carbamate Condenser (31E5) in the Urea Plant has been canceled, as only a single bid was received from Saipem India Pvt Ltd. The tender is now expected to be reissued by July 2025. Meanwhile, AquaGreen Tech Solutions, Civil Connect (OPC) Pvt. Ltd., J.B. Construction, Parshuram Constructions, and Yashoda Constructions are competing for the construction of the RCC foundation for the P-1 foundation (11 and 21 units), the instrument air compressor foundation, and allied works

8Find out how that price was arrived at

Multi-location bio-CBG feasibility tender signals BPCL’s aggressive MSW–biomass hybrid push
8BPCL’s latest feasibility tender pegs a 2-month deadline per site and bars scope splitting — a tight timeline for dual-feedstock analysis.
8MSEs get qualification relaxations, but non-divisibility raises entry barriers.
8The simultaneous focus on agri-residue and partially segregated MSW hints at integration readiness with India’s twin bio-CNG and waste management missions.
Methane Margin Relaxed, PTR Deadline Deferred: BPCL Loosens CBG Tender Specs Amid Bidder Pushback
8BPCL has diluted methane purity enforcement and extended PTR submissions post-award for its Bina CBG plant tender.
8A string of efficiency caps and tech flexibilities signal pressure to attract broader participation, but also flag execution-stage risks.
8Several tech relaxations traceable to Praj Systems’ queries — a rare instance of vendor-led reshaping of a refinery-zone EPCOM

8Dioctyl Adipate (DOA) prices have recorded a modest decline in the Delhi chemical market

8After a prolonged period of stability in prices, the prices of monostearin (grade 90%) have declined in the Delhi chemical market

8Absolute Ethyl Alcohol prices have registered a marginal decline in the Ahmedabad chemical market, primarily due to stable domestic supply and subdued demand from key consuming sectors such as pharmaceuticals and sanitizer manufacturing, which typically experience a seasonal slowdown

8The domestic PVC (K-57) market in Delhi experienced a price Increase today

8Today reflected a hike in PS (HIPS) prices within the Mumbai Indian petrochemical market, indicating a shift in market trends

The interviews are still to take place
8But Ranjit Rath seems all ready to step into Arun Kumar Singh's shoes

8On June 6, 2025, the Delhi chemical market recorded a modest yet notable down in Polyethylene Glycol 400 (PEG 400) prices, driven by a blend of local demand-supply imbalances and global cost pressures

Shell does not want to be left behind when it comes to a deal with ONGC
8What kind of prices can we expect?
8It is angling for a similar deal as BP

8In the latest development within the Mumbai chemical market, the price of mancozeb, a widely used agricultural fungicide, has increased

8Aggressive undercutting had dragged rates down to an abysmal $35,000/day
8But the company says this was an anomaly and expects recovery in upcoming ONGC tenders
Find out what kind of rates the company expects

8Carbendazim prices were quoted lower in the Mumbai market today

Despite authorizations touching 34,233 km, only 25,429 km of gas pipelines are operational. Regulatory data shows delays and ground-level deviations slowing India’s gas grid rollout.
8While common carrier lines form the bulk of India’s network, over 780 km are now dedicated lines, quietly catering to captive and commercial users through tailored gas delivery.
8Projects like the Mehsana–Bathinda (GIGL) and Mallavaram–Bhopal–Vijaipur (GITL) pipelines remain incomplete 14 years after authorization. A deeper crisis of execution may be at play
8With 565 km operational and 550 km under construction, sub-transmission networks remain a weak link—especially in northern and eastern India, where CGD support infrastructure is still minimal.
8At least five under-construction tie-ins are now dedicated to LNG evacuation from emerging terminals like Swan, Karaikal, and Petronet expansion zones—indicating a private LNG-led build-out push
8The flagship GAIL-led Kochi-Koottanad-Bangalore-Mangalore and Dabhol-Bangalore trunk pipelines continue to miss targets, with large under-construction stretches remaining in Kerala and Karnataka.
Operational and dedicated gas pipeline listings show surprising new entrants—Torrent Gas, DFPCL, and even Maharaj Soaps—pushing private gas logistics at select industrial sites

8New design philosophy clauses mandate AVEVA E3D or PDMS with 3D model-driven GA drawings and clash checks
8Plot rearrangement swaps cooling tower and ETP pond locations, changes RWTP size, and color codes LSTK-specific road scopes. Yet tie-in points remain unfrozen — leaving layout fluidity unresolved
8Despite repeated bidder queries on whether flare systems will be shared or standalone, PMC’s response remains ambiguous. A vital integration decision is still deferred
8New bidder declaration formats for domestic value addition shift risk of compliance verification to contractor
8New scope also raises precision and workload expectations for engineering teams

8Density range tightening may force bidders to revisit bulk handling systems
8Downstream equipment like prilling towers and silos may now face load recalculations
8Another change imposes E3D/PDMS usage with strict geometry classification. Lack of model validation protocol, however, could still leave room for interpretation
8New declaration forms issued for domestic steel use may trigger sourcing realignment for bidders using imported alloys
8With tiered 3D accuracy mandates and software specifications, PDIL seems to be steering LSTK-4 into post-construction digital integration era
8Four technical/commercial updates in under 10 days point to a deliberate mid-cycle reset—possibly due to internal design revalidation

This private E&P company raises Rs 500 crore
8This is for a a multi-field, multi-basin ramp-up backed by development plans, PMLs, ECs, and strategic infrastructure

A private homegrown chemical company is on a Rs 3500 crore investment foray
8Surely oil & gas PMCs and EPCs will be interested?

Pressure Vessel Purge: Toyo’s strategic blacklisting shakes market
8Financially fragile or performance-challenged fabricators find themselves ousted, reshaping procurement dynamics.
8Conflict wall holds: BPCL-Toyo names advisors despite bidder pushback
Likely under pressure from PMC Toyo, BPCL formally discloses EIL, McKinsey, KBC, and Univation as conflict-linked
It did so by rejecting contractor demands for clause dilution.
83D model declared non-binding: Toyo draws legal line early
In a first-layer disclaimer, the PMC disowns the 3D reference model as a contract basis
This shields BPCL and Toyo from post-award design liability

These firms will soon qualify for an extremely elite energy club that will do deals worth thousands of crores in one go
Never before have the selection criteria been more selective
8Deloitte India
8PwC India
8Ernst & Young (EY) India
8KPMG India
8Alvarez & Marsal India
8SMC Capitals Ltd.
Find out more

8EIL's invite-only tender model draws just three players for the CRZ study of BPCL’s Ramayapatnam mega-refinery.
8With no pre-bid meeting or detailed clarification, bidders are left to assume critical baseline data requirements—posing compliance risks down the line.

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.

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.