News & Bulletin Updates

8Promotion of organic fertilisers in the country [Rajya Sabha] 
8Diversion of subsidised fertilisers [Rajya Sabha] 
8Concerns of urea producers [Rajya Sabha] 
8GST on fertilizers and raw material [Rajya Sabha] 
8Domestic production capacity of chemical fertilizers [Rajya Sabha] 
8Promotion of Nano Fertilizers [Rajya Sabha] 
8Adoption of new technology in the fertilizer sector [Rajya Sabha] 
8Shortage of urea fertilizer [Rajya Sabha] 
8PM PRANAM Yojana [Rajya Sabha] 

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Is a new urea tender expected?
8Also, see the urea import data into India as of now of cargoes by IFFCO and Coromandel.
8Further, find vessel nominations for the new set of urea imports via IPL.

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The government has decided to ease up on quality regulations on phosphoric acid
8This follows an attempt to make phos acid-ammonia route to production of DAP more profitable
There is some additional subsidy that is being thought up too

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Jul 31, 2024: Fertilizer Insights

Get an insight on the following topics
8An Overview of National Agricultural Extension System (NAES) in India
8Contextualizing Agricultural Extension towards Contemporary Agrarian Challenges
8Challenges of Extension System in Addressing the Needs of 21 Century Farmers
8Technology Application Framework towards Addressing Challenges
8Extension Innovations: Issues and Priorities
8Strategies for Indian Agricultural Extension System

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Jul 31, 2024: FAI jamboree

8The FAI is planning a jamboree in Digha

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Quite clearly, at least in Q-1, 2024-25, the phos acid-ammonia route to producing phosphatic fertilizers continued to remain lucrative
8But import of DAP was not
This is evidenced by this company's performance.  

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8Project Name: Jhansi District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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8Project Name: Patna District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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Has there been a collusion in a big GAIL tender
8The L-1 and the L-2 rates are exactly the same to last thousand rupees.
8That is too much of a coincidence.
8Will GAIL investigate the collusion, because of this kind of price matching?
8We have analyzed in detail how a collusion investigation can be done

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The third party inspection jobs now, for ONGC, have an increasing bandwagon of competitors
8The inspection jobs are also more comprehensive
8We have done an analysis of all the competitors
8The rates get hammered down a lot
8But the point is all TPIs are now trying to stay relevant and adding more skillsets
8Here is a full competitor analysis of kind that is never done before

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After years of experience, GAIL has a way of outsourcing work relating to pipeline and gas supply operations
8And also customer handling
8And other pipeline companies, including CGD companies, can learn from how GAIL does it

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Rig handling work for up to nine rigs has come up
8It is a whole lot of logistical work

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ONGC is looking at raising productivity in its western offshore wells
8And it feels that installation of an advanced device can help

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Ranjit Rath is an ambitious man
8From wanting to hire a 3000 HP rig, he now wants to buy one
8Not just that he wants not just two rigs, he needs three such high velocity rigs
8We do a full analysis of OIL's purchase of such a rig
8Who are the main producers, who could be the main suppliers
8And how much can it cost
8Our analysis makes it easier for potential bidders

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8The Mumbai market has experienced a notable surge in the price of Polyethylene Terephthalate (PET), grade G5801

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Doing a digital twin for a complex petrochemical unit is not an easy job
8There are far too many variables which have to be replicated digitally
8But in India, there are very competent companies, many of them local, who can give multinationals a run for their money
8We have done a mapping of seven of these companies and we are surprised with their capabilities
8So this now become a highly competitive field

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Get today's contracting update here
8There is a lot going on

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8The Delhi polymer market has observed a significant drop in the prices of Styrene Acrylonitrile resin (SAN), grade 80 HF ICE LLHK

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8Voice of Indian Oil & Gas Industry April-June, 2024 [FIPI]
8UK Oil Refinery Stanlow plans to sell more fuel when rival shuts [Essar]
8Results for the quarter ended June 30, 2024 [Aegis]
8Investor Presentation Q1 FY2025 [Aegis]
8Earnings Presentation Quarter ending June 2024 30 July 2024 [Jindal Drilling]
8Unaudited Financial Results of the company for the quarter ended on June 30th, 2024 [CP]
8Business Responsibility and Sustainability Report [Tide Water]
8Annual Report for the financial year 2023-24 [Tide Water]  
8Jobs for retired GMs
8Audio Recording of Earnings Call [KPIL]  
8Contracting today: Lot going on
8Unaudited Financial Results for the quarter ended 30th June, 2024 [GAIL]
8GAIL clocks Revenue of Rs 33,692 crore, PAT of Rs 2,724 crore in Q1 FY-25 [GAIL]
8Communication to shareholders regarding deduction of tax at source (TDS) on Final dividend for the financial year 2023-24 [Petronet]  
8Right of way notification
8Intimation of Participation in "the Emkay Confluence- India's Golden Decade" [OIL]
8Vedanta Ltd. Receives Go Ahead from 75% Secured Creditors for Demerger Scheme Filing [Vedanta]
8Intimation on Tax deduction on dividend [HPCL]
8New politics: Oil company to pump in Rs 1700 crore into Bihar [IOCL]
8Unaudited financial results for the quarter ended 30Th June 2024 [IOCL]

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8The DFR for a pipeline project was won

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This desi rig company is going through a good run
8But the next upgrade on its rig prices are only in 2025

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8The Delhi market has witnessed a significant decline in the prices of adipic acid, a key raw material used in the production of nylon, polyurethane, and plasticizers

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8The oil and gas industry had built up a tax expectation from the budget
None of it was fulfilled  

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8The glycerine market in Ahmedabad has witnessed a significant price increase, marking a notable development for businesses and consumers who rely on glycerine for various industrial and commercial purposes

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8A Rs 700 crore private sector drilling campaign will be underway

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