The company sold part of its Class A shares to Saudi Aramco on October 8
8Its stake fell from 37.5 % to 15 %, while Aramco now holds 60 %
8The move supports Petro Rabigh’s financial turnaround

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8Project Name: Anand District (except areas already authorized) District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Project Name: Sirsa, Fatehabad and Mansa District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8The pre-tender pack hard-codes a 14-month schedule and part-wise L1 with a two-part award cap. Liquidity, UDIN-based proofs and notarised PTR break-ups aim to choke off credential arbitrage while keeping competition active. But with no EMD/PBG figures in sight and scope still defined at a composite level, bidders must price schedule and verification risk with limited visibility.

8There is a Rhodium AcAc EOI prioritises true local manufacture with ABG-guarded precious-metal procurement
8The refinery has opened a vendor-development EOI for Rhodium AcAc to support LP Oxo operations in its NBA unit. The specification locks a 38.5–40 wt% Rh band and routes precious-metal buys through ABG-secured, reconciled transactions. Guarantee waivers and PP-LC discipline will shape who can credibly participate and at what risk premium.

8The licensor IFB locks in performance guarantees and even the arithmetic of deployment costs. Catalyst metals move to an index-anchored regime, trimming room for post-award drift. A tight deviation protocol signals fewer surprises—and sharper competition on real technology.

8It wants licensors to co-develop its in-house naphthenic base oils process with pilots and a 200 KTPA design. The EOI pushes for hefty fee cuts, a license-fee waiver at go-decision, and royalty sharing under a joint brand. If accepted, it could reset licensor economics in India’s specialty base-oil niche.

This was the core pipeline that triggered the gas supply revolution in India
8And the fact that the capacity is being expanded after a long time.
8And that is a commentary on what is ahead

That is a lot of work compressed into a narrow window
8There is more, in another package
8And to top it all, there is a third package to deal with in this turnaround job
8And a fourth, And a fifth, and even more
8Qutie a turnaround job here

8The licensor must cover the steam cracker plus BdEU, C4 hydrogenation, PGHU, and BTX extraction. The scope spans know-how through PGTR, including catalysts and proprietary equipment. This compresses accountability into one licensor offer.
8What is more, a single line item for 1,3-butadiene has been split into ≤130 KTPA and >130 KTPA prices. This reduces evaluation buoyancy for aggressive extraction cases. It will reshape C4 strategy in bidder BEDPs.

8Find out who they were

8There are as many as 25 vendors vying for a job

Three-way contest for BF-702 A/B tanks as owner extends schedule and tightens eligibility
8This acetic acid tank tender drew three bidders after multiple deadline shifts. The package leans on dense Technip specs and an LSTK construct that front-loads quality control and documentation. A stringent support-company clause could widen the field yet raise surety costs for foreign-backed entrants.

1) Five extensions and EPC-grade specs push for this BUP GeM pilot toward a higher-compliance, fewer-bidders contest
8This tender stretched 44 days beyond the original close as the scope hardened into EPC-like governance. The spec now spans HAZOP, FAT/SAT, ATEX, multi-point thermometry, and software-set vacuum controls with a payment advance tied to BDEP. The bar moved up for vendors, but so did clarity on execution risk. But the point is that it is an interesting pilot plant
 
2) Three-step bid extension reshapes EPC playbook on GGL’s 12 MW captive solar
8GGL’s 12 MW captive solar tender has now slipped three times to 03-Nov-2025, stretching the window by 31 days. An EPC-only reverse auction and tariff-indexed NEEGG penalties keep bidders honest on capex and delivery. The securities stack suggests GGL is pricing reliability risk into bids, not after award.
 
3) Two-step extension tightens discipline yet gives time on polymeriser reactor system for PP unit
8NRL’s licensor-sensitive polymeriser package moved the bid clock by 14 days without loosening commercial guardrails. ATC primacy, a hard bar on price-bid deviations, and a mandatory licensor NDA keep the field clean. The split-tag billing and full-stack design obligation will shape who finally bids and how they price risk.
 
4) Four extensions and strict RFQ-over-GeM rules reset bidding ground for VBPL vertical pumps
8BPCL’s VBPL pump package stretched its bid clock by 21 days, but tightened its governance. The RFQ explicitly overrides GeM boilerplate on delivery, EMD, consignee and evaluation, and MSE/MII preference now hinges on correct clicks and uploads. Pre-bid replies lock in dry-running seals and forced-draft cooling, pushing bidders to price reliability, not exceptions.
 
5) MRPL extends feasibility study bid for aromatics recycle gas compressor turbine-to-vsd conversion by 10 days
8MRPL has pushed the GeM deadline on its turbine-to-VSD feasibility and constructability study to 13 November. The move keeps commercial terms intact while giving bidders more room to stress-test constructability and POC scope. Zero-rated SEZ supply remains in force, but dispute-resolution language needs watching.

1) Single-bid, item-rate integrity survey with GST/VIM payment gate
8GAIL’s HVJ integrity-survey tender hard-codes digital invoicing and GST credit checks into cash release. The dual-path BEC keeps the pool specialised while widening entry to firms strong on value or length. A stray “boundary wall” subject inside standard forms is a fixable anomaly that bidders should force-clarify.
 
2) GMPL zero-rates the playing field and hard-codes ITC safeguards in SEZ consultancy bid
8The new SEZ consultancy tender prioritises audit-proof invoicing and zero-rated evaluation over headline low prices. A fixed manpower floor and a “no negative” service fee rule curb under-quoting that historically sinks delivery quality. The twist is cash-outflow neutrality even if zero-rating changes mid-stream — but bidders must carry the compliance risk.
 
3) EPCM without ePBG, long EMD hold: NRL’s Panchgram POL terminal consultancy resets risk levers
8NRL’s Panchgram EPCM tender mixes a sizeable EMD and 180-day validity with a no-ePBG stance. The package demands full-fat engineering plus 20-month site supervision on a lump-sum basis. Arbitration is marked “No,” raising the stakes on pre-bid risk framing.
 
4)  LPG plant pushes data-led 12-station carousel upgrade with strict SAT and SAP linkage
8The LPG plant tender hard-codes throughput, accuracy, and leak-rejection KPIs while elevating digital traceability. Annexure-level clauses supersede GCC and GeM guardrails curb adventurous ATCs. The cost of fire-spray SAT, SAP integration, and two-year vendor-funded spares may reshape bidder pricing.
 
5) HPCL folds apron and tanker risks into QRA-ERDMP, sets single-award, penalty-backed timelines
8The Patna aviation facility tender rewires risk studies to capture the highest-consequence interfaces—tanker logistics and apron/refueller operations. Single-vendor accountability, strict 6/8-week deliverables, and a hard LD cap aim to compress report cycles and sharpen quality. But precedence of special terms over platform defaults could reshape who actually qualifies.

8Was the tender tweaked too far?
8For a single bidder is to the operator’s disadvantage

8Was the tender tweaked too far?
8For a single bidder is to the operator’s disadvantage

8ONGC has answered the toughest questions by hard-anchoring BOP recertification to OEM or OEM-authorised shops.
8Equipment downgrades sought by bidders were mostly refused, signalling a reliability-over-cost posture

8The move locks in operational synergies but challenges contractors with scope expansion at fixed pricing.
8An extended deadline gives major offshore players more room to align bids.
8Big companies line up

1) Dual-bar performance regime set for sucker-rod servicing in ONGC Ahmedabad Asset.
8ONGC has tied start-up LDs to a separate weekly throughput recovery, tightening both ramp-up and run-rate discipline.
8Milestone-only invoicing and strict price-breakup controls reshape cashflow and compliance behaviour.
8A limited vendor pool on GeM narrows the field while raising the bar on yard-readiness.
 
2) Compressed rig-painting schedule with DFT-tight QA set for training rig IPS-M700-10
8ONGC wants the training rig painted to marine-grade specifications under a 7-day mobilization and 30-day execution rhythm.
8LDs kick in for delay, while DFT logs and staged inspections raise the quality bar.
8Lump sum with vendor-sized BOQs could widen spreads between disciplined and casual bidders.
 
3) Deep price dispersion marks HAZOP/QRA package in ONGC Assam Asset.
8ONGC’s Assam Asset has ranked bids for multi-site HAZOP and QRA with a striking spread between L1 and L6.
8The scope mandates PHAST/SAFETI modelling and compresses delivery into 180 days.
8The pricing outcome will test whether lean risk teams can deliver regulator-grade outputs at scale.
 
4) M/s Ravindra R. Gupta takes L1 in ONGC Mehsana civil works contract
8A tightly structured bid process sees Ravindra R. Gupta emerge as L1 with a 20% quantum, showcasing ONGC's push for experienced civil contractors.
8The option for scaling work by up to 40% adds flexibility, though it places operational pressure on contractors.
8Pricing stability remains a key factor as bidders navigate the firm contract terms.
 
5) Bharti Airtel, Embee Software disqualified as OIL adjusts mobilization timeline for this contract
8With Bharti Airtel and Embee Software disqualified, the focus on strict compliance with technical criteria intensifies.
8The extended mobilization period allows contractors more flexibility, but penalties for delays loom large.
8The move to hire a secondary layer of email security signals OIL’s commitment to robust cybersecurity but raises competition concerns.
 
6) ONGC readies three-year mobile ETP packages: Scope refixed
8ONGC has clarified who pays for what at site while leaving the treatment design to the contractor.
8What remains is execution discipline—weekly lab proof, sealed meters, and four-day moves.

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
8All tankers
8Bulk and Dry cargo

8Gujarat Gas Limited shareholders approve composite scheme of amalgamation [GGL]
8India's oil & gas sector sees widespread production shortfalls in September [MOPNG]
8Cambay PSC update [Synergia]
8Public notice for the commencement of the e-filing portal [PNGRB]
8G E Shipping contracts to sell its 2005-built medium range product tanker “Jag Pooja” [GES]
8Change in senior management [CSL]
8Resignation of chief financial officer of the company [IRM]
8Intimation regarding delivery and mobilization of vessel “SEAMEC III” for charter [Seamec]
8Intimation regarding breakdown of vessel “SEAMEC SWORDFISH” on October 17, 2025 [Seamec]
8Completion of tenure of independent directors Dr. Sudhir Kumar Jain and Shri Bhadresh Mehta of Gujarat State Petronet Limited [GSPL]
8Appointment of Shri Jayant Misra, IRS (Retd.), as independent director of Gujarat State Petronet Limited [GSPL]
8Q2 FY26 financial results presentation [RIL]
8Consolidated financial results for the quarter ended September 30, 2025 [RIL]
8Execution of sponsor support undertaking by GAIL for Talcher Fertilizers Limited [GAIL]
8GAIL signs concession agreement for setting up an MSW-based compressed bio gas plant in Bengaluru [GAIL]
8Company scheme application (C.A./CAA/MB/220/2024) filed by Talwandi Sabo Power Limited with NCLT [Vedanta]
8Change of R&T agent for connectivity for Bharat Petroleum Corporation Limited [BPCL]

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

8Agromet advisory bulletin for Palakkad district [IMD]
8Yara third-quarter report 2025 [Yara]
8Yara International ASA announces third quarter 2025 results [Yara]
8Earnings conference call transcript of Q2 & H1 FY26 [KPL]
8Audio recording of analysts/investors call [RIL]
8Paradeep Phosphates Limited completes merger with Mangalore Chemicals & Fertilizers, enhancing capacity by over 23% and expanding pan-India presence [PPL]
8Re-designation of Mr. Bhambal Ram Meena as non-executive non-independent director [TGEIL]