World's largest diesel gen set operator in India uses energy saving devices to stay viable

The current price correction should be seen as a one-time correction and this will not be a precedent for any such action later for any other similar contacts Find our more on how the world's largest diesel operated power plant in India maintains its viability.
It has been able to fit in two-stage steam turbine induction generator to take full advantage of the extra steam that is produced.
The typical Energy Conservation Steam Turbine can generate incidental Clean, Green Electric Power.

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Our daily LNG price and vessel rates database

For reference purposes, the website has a daily Indian LNG projects carrier price database
We also have daily LNG prices data for key markets around the world
The daily prices are given in terms of
-- FOB rates
-- Transhipment rates, where relevant
-- Spot rates
Easy maneuverability and past price trends are the highlights of our pricing software

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New pricing norm for Basra crude: Indian refiners are unhappy

A new method of pricing Basra crude from Iraq using the monthly average of DME Oman futures two months before the oil loads has not gone down well with Indian refiners. Other Middle East producers like Saudi Arabia, Kuwait and Iran price their oils one month before loading.

This means Iraqi crude loading in October would be priced off DME’s futures contracts in August.
This poses a risk to Indian buyers, who would only be notified by mid-September whether they had successfully bid for a cargo, making it hard for them to hedge against price changes in advance.

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LNG plant in Bangladesh: Petronet LNG out of the race

Petronet LNG seems to be losing out on a deal to build an LNG plant in Bangladesh.
The company could not compete with a host of international competitors, including Chinese and international companies such as Shell.
The selected bidder would have 60 percent stakes in the proposed 3.5 MMTPA project while Bangladesh would have the remaining 40 percent which would be built under engineering, procurement and construction contract.
Read more on Indian LNG projects imports by Bangladesh, with deals not just with Oman but with Malaysia and Indonesia in the offing.

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Rs 12,000 crore coal-based ammonia urea units: LSTK contracts are coming up

Nearly 70% of China's urea capacity is based on ammonia produced from syn gas extracted out of coal
In India, two such projects are coming up, with price tags of around Rs 12,000 crore
In one, an international agency has been hired as consultant
In the other, process licensors have been selected.
Clearly promoters of both these urea-ammonia plants seem to be seriously going about trying to get their clearances and financial closures
For one, the RFQ for the LSTK contractor is expected in November 2017, for another in 2018

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Greka Drilling: Flying high

Greka Drilling is primarily focused on China but India too is a big market
In India, it has partnered with Essar Energy in CBM drilling work in its Ranigank block.
But Greka really came on its own in April when it was chosen ahead of 16 other contractors for a 73 well programme for state-owned energy group ONGC in the Bokaro CBM block.
Greka is now confident of bagging more CBM related work in the future.

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Khed SEZ: Good location for oil & gas equipment suppliers

The 4200 acre Khed SEZ near Pune is a big success story.
The industrial park is being built in a JV between the Kalyani Group and the MIDC
The first phase has been launched and more than 40 manufacturing units have settled in comfortably in the park.
The park is ideally located for manufacture of oil and gas equipment too, this website believes

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