News & Bulletin Updates

8Here are the roundup prices in India

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Jan 21, 2025: Global Ammonia prices

8Get the latest prices here including trends over the past month

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8Here is the roundup price comparison chart for SE Asia, US Gulf, Middle east, India, China and  Brazil

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8Get the latest prices here including trends over the past month

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8Find out the latest roundup prices in India

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8The price was higher, find out by how much

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8The latest prices for Phosphoric acid in India

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8Project Name: Seraikela-Kharsawan District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

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8Project Name: Nawada Koderma District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

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Here is a petrochemical revamp job where the L-1 bidder quoted 5.5 times lower than the L-2 bidder
8This brings into question, not just the scope of work as also the evaluation process that was used

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8Rs 100 crore chemical project is coming up

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8A Rs 2300 crore chemical plant from a credible promoter is coming up
And vendors should be interested
But then for some strange reason, despite the fact that it is big big project, the owner is showing some ambivalence. 

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An ONGC General Manager is someone who has packed in several decades of intensive experience
8More often than not he is a high-performing engineer
8What we find at fault is how ONGC decides to rehire these trained personnel as consultant in critical roles but by paying very low compensation

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Here is an 850 crore E&P project
8This drilling campaign involves a total of 140 wells

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LNG prices in India saw a big upstick, but surprisingly demand has stayed resilient
8But that is not how the real trend is in India

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Seven year rig contracts are beneficial to rig owners
8Even if rig rates are low, seven year breathing space is enough to amortize a lot of value
8Here is why this tender was successful

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DAP/NPK-Phosphoric Acid- Sulphuric Acid Greenfield Project
8Cost: Rs. 535Cr.
8Project Event: During Q3 FY25, SBI, Axis Bank, and Federal Bank completed the financial closure for a term loan of ₹248 crore. The company has announced plans to raise upto Rs.200 crores by the issuance of fresh equity through QIP to fund the capex plans The project construction work is underway and expected to be commissioned by October 2026.
Phosphoric acid Expansion Project
8Cost: Rs. 70Cr.
8Project Event:All regulatory formalities have been completed, and construction work is nearing completion. The capacity is expected to be commissioned ahead of the target schedule in Q2 FY26. An application has been submitted for an additional 17 hectares of adjoining land in Banda, Sagar, to facilitate future capacity expansion.

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A bunch of companies are getting together to put up this petrochemical project
8Lummus Technology
8LyondellBasell.
8CB&I India
Find out the facts and figures and the business development opportunity ahead

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8Project Name: Giridih-Dhanbad Districts City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Project Name: West Singhbhum District City Gas Distribution
8Project Cost: Rs 200 crore Click here for more details

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8Ethane is turning out to be a better feedstock for extracting higher margins out for petrochemicals in India in what is evidentially a tough market now.
Find out what the advantage is in terms of say naphtha

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The RIL-BP combine nervously watches just one important parameter, perhaps everyday or every week more than anything else in their partnerships over various segments of the oil and gas industry
8If that goes down, everything else will go down very rapidly indeed
Find out what it is

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8A quick look at today's developments in E&P and midstream-downstream, and CGD section

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This seismic survey contract so close and very tight competition between five bidders
8Advent Oilfield Services came at the bottom of the pile

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This is a big project by any yardstick for an onland block
8The target is to take output up by a whopping 4 mmscmd from 0.9 to 5 mmscmd
8Investment needed: Rs 3000 crore
Get a key contact here

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