A bidder cannot bid for a rig tender against a new rig
8This is an interesting twist but with a caveat

IGL takes a crucial step in developing LNG stations in India
8And it is looking at a strategic tie-up
8Other companies need to follow suit, we guess

Make in India can apply to electrolyzers and the country can push the indigenization levels higher
8Find out what it will need to get to that stage
8And what can and cannot be done in India
8What can be done in India, and if done, will be good enough to push India right up to the forefront of this technology?
8What are the four materails that India needs to hunt for?

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

This is a massive gas processing centre established to take in gas from offshore fields
8Two trains process as much as 10 mmscmd of gas
8And there are attendant facilities such as ethane-propane recovery plant, C-2 C-3 storage and pumping, gas sweetening plans etc
Get a look at the entire infrastructure

Pipeline corrosion prevention is a specialized art
8When it comes to offshore salt water environments
8Find out which companies do this work

8A high powered onland rig can now cost as much as an offshore rig
8And for this particularly expensive onland rig, there a long list of bidders who are interested

O&M jobs for CGD networks is a simple job most of the time
8And there are a very large number of vendors willing to do this work

All these companies are trying elbow each other out from a very crucial contract which can open up new possibilites for each of these companies
8Assam Petroleum Limited
8Collabrah Eagle India Pvt Ltd
8Deep Industries Limited
8Priserve Infrastructure Pvt. Ltd.
8Prumatech Services Pvt Ltd
We have done an analysis of who can possibly qualify

8This sinking E&P vendor has now decided to appoint a turnaround expert
But will it work?

8Fertilizer Marketing under Changing Environment [FAI]
8Disclosure of Transfer of Shares by Promoters of PI Industries Limited to Family Trusts [PIIL]
8Summary of proceedings of the 54th AGM held on 23rd September, 2024 [AAL]
8Chairman’s Speech at the Annual General Meeting [AAL]

8PNGRB invites applications for engagement of Individual Consultant in the Legal Stream on contract basis [PNGRB]
8PNGRB invites applications for engagement of Individual Consultant (Level-IV) on contract basis [PNGRB]
8Appointment of Mr. Sumit Kumar Khanna as an Independent Director for a term of five consecutive year [Aban]
8Notice of NCLT Hearing for Insolvency Application Against Aban Offshore Ltd [Aban]
8Intimation of Listing of Notes on NSEIX [Adani Port]

8In the Delhi market, the price of silicone oil, produced by Wacker, experienced a steep cut of Rs. 3/kg. As of September 24, 2024, the price dropped from Rs. 273/kg to Rs. 270/kg. This adjustment is attributed to stable market conditions, where supply and demand are balanced

8The Mumbai market is currently witnessing elevated prices for ethylene glycol monoethyl ether acetate. Recent market trends indicate a significant increase in trading rates for this essential material. According to Indian Petrochem analysts, the price surge is attributed to fluctuations in supply and demand, along with rising raw material costs impacting production. On September 24, 2024, the price of ethylene glycol monoethyl ether acetate rose by Rs.2/kg, moving from Rs.152/kg on September 18, 2024, to Rs.154/kg today

8In the latest update from the Mumbai chemical market, the price of Dimethyl Carbonate (DMC) has seen an increase. On September 24, 2024, the price of DMC had risen by Re.1/kg, bringing it from Rs.77/kg to Rs.78/kg. This increase is attributed to various factors, including changes in supply chain dynamics, raw material costs, and growing demand in the local market

8In a market movement, the price of imported Paraformaldehyde 96% has risen by Re.1/kg in the Mumbai market. On September 24,2024, the material was priced at Rs.73/kg, up from the previous rate of Rs.72/kg assessed on September 19, 2024. This price hike reflects the growing demand and tighter supply of imported paraformaldehyde, which is widely used in industrial applications such as resins, adhesives, and disinfectants

8According to the petrochem sources the price of Triethanolamine has surged in Delhi, with the market rate now reaching  Rs175/ kg. This significant price increase is primarily driven by rising demand from the cosmetic, pharmaceutical, and chemical industries, alongside disruptions in supply chains

8With the production and import of R22 limited, supply shortages have driven prices up. On September 24, 2024, the price of R22 in Ahmedabad reached Rs.580/kg, significantly higher than previous rates. This increase is affecting businesses like restaurants, cold storage units, and manufacturers that still rely on R22 for their refrigeration needs

8On September 24, 2024, an increase in domestic intact anionic surfactant prices was noted in Mumbai. The price of the material has increased from Rs 54/Kg to Rs 55/Kg registering a hike of Re.1/kg from the last assessed price

8Perchloroethylene (PCE) prices in the Mumbai chemical market have fallen by Rs.3/kg, decreasing from Rs. 88/kg on September 18, 2024, to Rs. 85/kg on September 24, 2024. This decline is driven by reduced demand, especially from the textile and dry-cleaning industries, which are shifting to greener alternatives

8In the Ahmedabad market, Palm Wax 3F prices have jumped by Rs.4/kg, rising from Rs.105/kg on September 18, 2024, to Rs.109/kg on September 24, 2024. This notable increase comes after a period of price stability and indicates a shift in market dynamics

8Get a complete synopsis and price comparison trends here

8A combination of factors is at work, get the latest roundup prices

8Prices have shifted according to sources, find out how far the price has moved

8Find out more about how far the price has shifted