8The Mumbai domestic market has witnessed a decline in Diisobutyl Phthalate (DIBP) prices today, according to Indian Petrochem analysts

8The Mumbai market witnessed a rise in Superabsorbent Polymer (SAP) prices today, reflecting an ongoing supply glut and increased demand from key downstream sectors

8Formic acid prices in the Mumbai market were low today

8BCPL, an Indian polypropylene producer, has announced its July incentive scheme

8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Chiripal has raised PET prices

A Houston-based materials giant has partnered with a three-farm solar project generating 160,000 MWh annually
8It purchased renewable energy certificates
8These will offset its power use

8A global crop nutrition giant has posted a 27% EBITDA jump in Q2 2025
8This was powered by record-high ammonia and fertilizer production
8Cost cuts and portfolio optimization are running ahead of plan
8Lifting earnings per share tripled

8Appointment of Cost Auditor and Internal Auditor for FY 2025-26 [APL]
8Financial Results for Q1 Ended June 30, 2025 [PBGL]
8Financial Results for Q1 Ended June 30, 2025 [KICL]
8FY2025 Investor Presentation [KICL]
8Change in Management [RPL]
8Financial Results for Q1 Ended June 30, 2025 [SCSL]
8Audio Recording of Earnings Conference Call [Zuari]
8Transcript of the Investor Concall [GSFCL]
8Financial Results for Q1 Ended June 30, 2025 [NFL]
8Financial Results for Q1 Ended June 30, 2025 [AFL]
8Financial Results for Q1 Ended June 30, 2025 [NFCL]

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

8Transcript of the earnings conference call [Aegis]
8Investor presentation Q1 FY 2025-26 [Savita Oil]
8EIL and NPCIL inked MOU for providing engineering services for development of Bharat Small Modular Reactor [EIL]
8Q1 FY26 results presentation [EKCL]
8Investor presentation [SWP]
8Intimation for revision in credit rating [ONGC]
8Financial results for Q1 ended June 30, 2025 [Swan]
8Business responsibility and sustainability report [DIL]
8Annual report 2024-2025 [DIL]
8Investor presentation Q1 FY 2025-26 [HOEC]
8Financial results for Q1 ended June 30, 2025 [HOEC]
8Financial results for Q1 ended June 30, 2025 [IOCL]
8Investor presentation – Q1 FY 2025-26 [IOCL]
8Snapshot of India’s oil & gas data [PPAC]
8Audio recording of conference call [BPCL]

8Despite heated local concerns over pollution and health impacts, the Expert Appraisal Committee has cleared Chemplast Sanmar’s plan to boost PVC paste resin output from 66,000 to 1,45,000 TPA in Tamil Nadu’s critically polluted Mettur belt — with strict zero-discharge, water-use, and local jobs safeguards.

ONGC’s KG basin civil works tender puts bidders on edge — “Below by default” clause, e-BG mandate, and water supply penalties tighten risk screws
8ONGC’s civil works package for Krishna & West Godavari rigs hard-codes stricter compliance: ambiguous bids default to “below,” e-BGs replace traditional guarantees, and water supply failures draw heavy penalties — reshaping contractor margins and risk profiles.
ONGC MBA basin waives EMD in rig work tender, shifts risk to performance bonds
8ONGC’s latest limited tender for rig dismantling and building in MBA Basin deletes bid bond requirements, while demanding stricter GST, insurance, and digital compliance.
8Contractors get liquidity relief, but heavier risk-bearing obligations.
Oil India mahanadi mud logging tender: Find out more
8OIL has stripped entry relaxations, raised performance guarantees, and tightened mobilisation norms for its Odisha drilling support contract — shifting risk and cost squarely onto contractors.
OIL’s assam-arunachal rig hire tender: Get more details
8Oil India’s latest 1000 HP rig hire package sets a steep entry bar: no MSME/startup relaxations, Rs 2.63 crore EMD, and 51-month PBG.
8While integrity compliance hardens, new flexibility in PBG modes offers marginal relief. Expect a narrowed bidder field, with only deep-pocketed drilling contractors competing.
Sadanand wins ONGC uran dyke wall civil package at Rs 23 Crore — 11% below L2
8ONGC secures near Rs.2.5 crore saving as L1 undercuts peers, but execution at Uran’s critical tank farms could test contractor margins and timelines.

8But ONGC holds firm
8THe companies who sought relaxations and were denied were Weatherford, Baker Hughes, and ITS India 

8Is it a telling sign of India’s shrinking HDD contractor pool, that BPCL has now pushed its Mahul–Rasayani pipeline drilling tender to 1 September — the fourth extension in six weeks — with vendors scrambling to prove rig ownership and financial depth under EIL’s unforgiving PQ lens? EIL’s refusal to accept consortiums prevents Indian HDD specialists from pairing with foreign players who have stronger rigs.

8Pre-bid queries from A.T. Kearney and KPMG reveal a rigid stance from ONGC—rejecting deadline extensions, qualification relaxations, and broader energy experience.
8The tight framework favours hydrocarbon-centric firms with deep documentation readiness.

8A DFR is now being prepared
8But it is a different kind project from the earlier greenfield ones
8But given that the owner is a big refinery, the next steps will be quick enough
8SAF is the flavour of the season

Satya Oil field services undercuts rivals by 25% to bag ONGC manpower tender
8ONGC secures services at Rs 3.93 crore as Satya’s aggressive pricing beats peers by wide margins, raising questions on contractor sustainability.
Hindustan Auto Sweeps ONGC vadodara axle overhaul tender with Big undercut
8ONGC’s three-year Vadodara rig mobility overhaul contract saw Hindustan Auto dominate, quoting nearly 40% below Galaxy Enterprise, and bagging multiple lots with a mix of ultra-low and balanced pricing.
ONGC relay calibration tender – MSME barriers rise as ONGC refuses flexibility
8Brooklyn Transformers hit by rigid bank guarantee norms, while Electro Meter faces ambiguity on experience criteria — risk of bidder attrition looms.
ONGC corrigendum shifts mobilization risk to contractors in rig charter tender
8New clause empowers ONGC to defer ancillary mobilization by 30 days if rigs are delayed — leaving contractors to absorb idle-time risk.
ONGC pushes rajahmundry Mud services tender by a month
8Bid submission now closes on August 25, giving contractors more time to align proposals — but award timelines slip, delaying offshore drilling readiness.

8The swing unit tender for Bina Petrochemical Expansion has slipped repeatedly, with seven bid extensions in five months. BPCL’s insistence on high PQ thresholds and licensor clearances is testing bidder readiness more than engineering scope.

8In a rare move, IOCL has floated a GeM tender for a graphene market report but restricted evaluation to one pre-identified agency, sidestepping open bidding norms. The Rs.2.78 lakh study carries a sharp two-month delivery clock, with implications for procurement transparency and future R&D strategy.

BPCL’s Kochi polypropylene revamp comes with zero-deviation terms, 25-year NDA lock-in
8In a rare mix of tight compliance and vendor relief, BPCL has waived EMD for its coalescer revamp tender but imposed unusually long confidentiality obligations and zero deviation rules, raising the stakes for bidders.
CPCL’s nitrogen rental tender drags with 12th extension as idle-period disputes stall bidding
8Chennai Petroleum’s ?80-crore PSA generator rental bid has now been extended to August-end, with bidders resisting clauses that deny idle-time claims despite minimum usage guarantees — highlighting risk allocation tensions in utility outsourcing.
EIL extends BPCL’s Bina heat exchanger tender twice as zero-deviation norms strain vendor submissions
8Back-to-back extensions in the gasketed plate heat exchanger package for BPREP expose bidder unease with EIL’s zero-deviation tendering, even as BPCL holds firm on payment and delivery terms.
BPCL’s Bina petchem pump tender pushed to Aug 29 as EIL sticks to zero-deviation stance
8Despite bidder pressure, BPCL and EIL have only granted a two-week extension in the Bina Petchem centrifugal pump tender — with no relaxation on tough milestone-linked payments or rigid zero-deviation clauses, keeping compliance risks squarely on suppliers.
EIL gives bidders extra week for forged valve package in PLL’s Dahej PDH-PP project
8In a routine timeline adjustment, Engineers India has extended the bid due date for the Dahej PDH-PP plant’s forged valve package, giving shortlisted suppliers more time to comply with strict zero-deviation conditions.

8The competitor was 24% below L&T’s price of Rs 6330 crore

ONGC tightens payment norms — auditor-certified local content & safety proof now mandatory
8In its latest directional drilling tender, ONGC has hardened payment release conditions, linking invoices to auditor-certified local content and detailed safety/HR undertakings.
8The move protects ONGC’s compliance flank but raises contractor cashflow risk.
ONGC inserts standby risk clause in Assam mats tender — contractors left to bear idle costs
8In a surprise corrigendum, ONGC has armed itself with a mobilization deferment right, linking mats O&M services to rig readiness.
8Contractors now face delayed revenue streams and unpriced idle-time risks.
OIL eases logging specs, extends Mahanadi Basin bid deadline to August 22
8Oil India has trimmed technical obligations in its logging services tender and pushed the deadline to August 22, a move that broadens vendor participation but leaves contractors exposed to a 25% scope stretch.
ONGC pushes PRP-IX pipe lay bid deadline to August 21 — contractors get breathing space
8ONGC has extended the submission date for its high-stakes subsea pipeline tender under PRP-IX, giving contractors three extra days.
8A procedural shift, but one that hints at tight bidder timelines in the offshore EPC market.
ONGC extends bid deadline for Western Basin 2D seismic survey to Sept 3 — vendors get more time, not easier terms
8ONGC has pushed back the bid submission date for its long-offset 2D seismic survey tender in Cambay, Rajasthan, Kutch, and Saurashtra.
8While contractors gain breathing room till 03 Sept 2025, the operator has refused to dilute strict qualification, MSME exemptions, or costly TPIA certification mandates — keeping the field narrow but competitive.
ONGC extends Cuddapah Basin air hammer drilling tender to Aug 21
8Extension signals thin early participation; bidders get more time to arrange niche technology tie-ups for two-well contract.
PEL Extends CBM Workover Rig Tender — Bid Deadline Now 18 August 2025
8Extension hints at rig availability pressures and bidder readiness issues, with the promoter seeking to broaden competition before October 2025 mobilisation.

8So much so that its competitors are left stunned
8“It is impossible that the job can be done at the price quoted,” one of them told the website