Microcell Carbon Foam Batteries: Best solution for off-grid locations

An Indian origin promoter is pushing a new form of what are called Microcell Carbon Foam Batteries for Grid Scale Renewable Energy Storage Systems Installations have been put up in Japan and their performance has been far superior to conventional batteries. These system can be a great way of handling power needs in non-grid oil …

Continue reading Microcell Carbon Foam Batteries: Best solution for off-grid locations

Advertisements

LPG vs. Naphtha How will the dynamics work in India

GAIL and RIL are now propounding the LPG route to produce petrochemicals. And this has sparked a naphtha vs. LPG debate, and the demand-supply and pricing dynamics surrounding the two. In this context, it is important for Indian players to find out more on the evolution of the light distillates market size in the short …

Continue reading LPG vs. Naphtha How will the dynamics work in India

Buyer wants to forge a network out of ONGC’s stranded gas assets: Will it succeed?

Find out more on why a small but highly ambitious indigenous E&P company is trying to buy up all the gas offered from marginal and isolated fields by ONGC across the country. What is the rationale behind such purchases? Why is the company willing to pay a premium over the reserve price for such gas …

Continue reading Buyer wants to forge a network out of ONGC’s stranded gas assets: Will it succeed?

Drilling fluids: Cairn taps one of world’s largest producers

Cairn India has recently given an order for drilling fluids to one of the world's largest drilling fuels company in the world The company is trying to diversify away from its North Amercian base and is likely to bid aggressively in the Indian drilling fluids market in the future The producer is likely to take …

Continue reading Drilling fluids: Cairn taps one of world’s largest producers

Tanker market continues to tank: LNG vessel hire rates expected to tighten in the next 18 months

Even though crude oil demand has been buoyant, an increase in shipping capacity is holding down tanker rates. In the first half of 2017, VLCC rates were down 25% For other types of tankers, the rates wete down anywhere between 18 to 25% Impacted by dropping rates and rising fuel prices, daily revenues are down …

Continue reading Tanker market continues to tank: LNG vessel hire rates expected to tighten in the next 18 months

Ammonia-urea conversion plan: Tie-up with upcoming LNG terminal soon

Every conversion of a naphtha based ammonia-urea fertilizer plant into a gas based unit has a concomitant rollover effect. One such conversion is currently in progress with a deal being wrapped up for supply of LNG with a new liquefaction plant that is coming up. The feedstock conversion process is currently on: a consultant has …

Continue reading Ammonia-urea conversion plan: Tie-up with upcoming LNG terminal soon