8Toyota Tsusho has bought 25% of LG Chem’s Gumi cathode plant
8This makes it the second-largest shareholder after LG Chem
8Huayou Cobalt’s stake drops to 24%.
8The new mix ensures compliance with U.S. IRA rules

8Intimation of resignation of chief financial officer (Key Managerial Personnel) [NAL]
8Financial results for the quarter ended June 30, 2025 [SGAIL]
8Annual report 2024–25 [SGAIL]

8The two companies will co-develop a lipid nanoparticle platform
8Ethris contributes its SNaP LNP® technology
8Evonik adds clinical manufacturing and process expertise
8The goal is more stable, targeted nucleic acid therapies

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

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

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

8Policy economic report august 2025 [FIPI]
8Media release: gas market update august 2025 [IGX]
8Unified tariff and zonal apportionment for invoicing under PNGRB natural gas pipeline tariff regulations, 2008 [PNGRB]
8Public consultation on declaration of BPCL’s Mumbai-uran LPG pipeline (MUPL) as common/contract carrier under PNGRB Act, 2006 [PNGRB]
8Monthly CGD progress report - As on 31.07.2025 [PNGRB]
8Business responsibility & sustainability report 2024-25 [Confidence Petroleum]
8Annual report 2024–25 [Confidence Petroleum]
8Audio recording of business Update Call [AES]
8Completion on tenure of independent director [MGL]

8Superior Graphite brings IP, processes, and experience
8ExxonMobil adds technology and industrial muscle
8Together they promise lower energy use and higher throughput
8The goal is a world-class graphite business

8Executives warn trade could fall another 15% if tariffs stay
8The sector already saw a 34% slump in five years
8China is rerouting exports into Asia
8Margins across the region are under strain

8Dow will join a fireside chat on 11 September at 1:45 p.m. ET
8The session is part of the 13th Annual Laguna event
8A live webcast will stream on the company’s site
8Replay and transcript will follow

8The group will showcase at K2025 in October with the theme “Feel Good Chemistry”
8Exhibits cover sustainable polymers, recycling, and PFAS/PTFE-free materials
8Optical innovations are also featured
8Hall 7A, Booth D18 is set for global buyers

8A group investor meet is set for 15 September at the Vadodara facility
8Dalal & Broacha are organizing the session
8Market-sensitive data remains off limits

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8HPCL has opened a two-year consultancy for leadership assessment centres. This is a documentation-heavy, interface-sensitive scope: the marked-up P&IDs and indicative routing imply pre-aligned tie-points, but the DEC still carries risk on surveys, constructability, and statutory alignment, especially given the compressed three-month window. Expect a focused bidder pool: established ADC specialists with Indian delivery centres and auditable local content declarations

BPCL’s Kochi PP project pushes zero-deviation, NDA-gated tray supply with six-month site-receipt delivery trigger
8A critical LLI package for column trays comes with an EMD waiver but a hard six-month site-receipt clock. Zero-deviation enforcement and NDA gating will filter the field long before price talk. The real trade-off is liquidity relief versus schedule and IP compliance risk.
EIL floats a pneumatic conveying package with EMD waived but stronger post-award securities in NRL PPU in Numaligarh.
8The PPU’s conveying backbone is out to bid with a dense spec stack and owner-approved inspection. EMD is waived, but CPS/WBG bite harder, shifting risk later in the cycle. The real test will be who can meet the five-month site window without deviations.Technically, the package is specification-dense, bringing together process conveying hardware, electrical drives/VFDs, and instrumentation under a single MR—this concentrates interface risk within one vendor and increases the value of rigorous VDR/ITP compliance. Bans on consortium/JV and part orders, this shapes a controlled vendor pool aimed at accountability.
NRL opens limited tender for MSB regeneration loop coalescer with strict 10-month delivery and heavy post-award securities in NREP
8NRL’s NIT makes delivery non-negotiable and shifts liquidity protection to CPS/WBG with explicit loading penalties. Technical documents sit behind an NDA gate, and vendors must show up at TKUIPL offices to close approvals. The result is a developer-friendly, bidder-disciplined construct whose pricing signal will surface only at opening.Technically, making the coalescer a single, non-divisible package reduces interface risk around materials compatibility, filtration/coalescing media, and skid-mounted auxiliaries, which is critical for MSB reliability. The DAP-near-foundation delivery point aligns logistics with construction readiness while keeping transit risk with NRL (insurance by owner).
HPCL’s ISPRL–VR crude line interconnect: There is delivery risk
8Technically, this is a documentation-heavy, interfaces-sensitive scope: the marked-up P&IDs and indicative routing imply pre-aligned tie-points, but the DEC still carries risk on surveys, constructability, and statutory alignment—especially given the compressed three-month window.

8The EPCM covers review and finalization of BDEP and FEED for licensed and open-art units, detailed engineering for the PRFCC, PRU(part) and also for ARU/PTU/caustic merox/SWS. It is looking for procurement and contract services, construction management, MC, assistance for start-up, commissioning and PGTR, and project close-out.The owner also refused a “rely-upon” shield on licensor packages and kept document-review timelines anchored to the SCC. The fine print on discounted man-months beyond schedule will force consultants to police packages harder.

8The bid clock moves as OIL repackages the SoW, SCC, BEC and price formats after an intense pre-bid.
8Vendors get time to re-tool logistics and compliance for offshore execution.
8Whether a further 18 September cut-off formally lands will decide how wide the competition gets.

8Given what the situation is in the country, selling crude ex-pad is a tough business

Rate-contract playbook tightens pricing and QA levers for pipeline works in ONGC Assam Asset
8ONGC’s Assam ARC forces single-factor pricing and third-party-verified credentials while widening the vendor pool.
8The quantum ladder and sliding EMD reshape bidding tactics and cash exposure.
8What remains to be priced in is delay risk under GCC-linked LDs and execution under tight QA.
Three-pack rich-gas power push puts commissioning discipline and split-award leverage at the core in SunPetro Bhaskar-I field
8SunPetro wants three 1 MW rich-gas generators on a six-month clock with a hard acceptance ladder.
8Firm prices and GST-at-actuals narrow financial wiggle room, shifting competition to delivery and reliability.
8The open option to split awards may reshape how OEMs price risk.
L1 undercuts field by up to 68% as OIL finalises intelligent pigging for DDPL and PS-6–BGR spur
8A five-way contest ended with L-1 pricing nearly half below the next bid.
8OIL’s tighter SCC and verification-linked payments will now test whether low price meets high accuracy in the field.
8The liability cap and no-standby-when-at-fault clauses could shape execution behaviour in the months ahead.
Eight vendors clear PQC as ONGC screens scraping-winch capacity for Assam Asset
8A mixed field of private firms and proprietors largely met ONGC’s bar for five-year scraping-winch deployment.
8One disqualification hints that “new unit” and inspection-readiness rules are biting at the gate.
8With split awards in play, execution penalties and HSE controls may matter more than marginal price undercutting.
Single qualifier emerges as OIL screens Cummins gas engine service capability
8Only one bidder crossed the PQC line after OIL tightened documentation and OEM-training expectations.
8The scope’s concurrency and logistics burdens now shift execution risk squarely to the vendor that qualifies.
8Whether this narrows price competition or triggers a market reset will hinge on how OIL reads the single-qualifier outcome.

Mobilization eased to 120 days and tool burden pared back as slickline package is tweaked
8OIL has stretched mobilization to 120 days and removed GR/CCL tooling from vendor scope.
8A quiet shift also puts key downhole tools under OIL’s custody while preserving high-spec EMG and safety demands.
8The mix should widen competition without loosening technical control.
ONGC pushes directional drilling bid gate to 18 September as rig-dependency clause enters the pack
8Two rapid extensions have moved the directional drilling bid cut-off into mid-September.
8ONGC also hard-codes how dependent mobilisations will be deferred if rigs slip.
8Vendors get time, but the execution clock will still bite after award.
ONGC widens bid window to 16 September while tightening extension discipline
8The cut-off moves into mid-September even as ONGC hard-codes how and when extension requests will be entertained.
8Vendors get breathing room to stitch group-wise submissions and EMD/e-BG formalities.
8The trade-off is stricter gate etiquette and zero tolerance for last-minute pleas.
ONGC moves Hazira TPIA bid gate into October while codifying extension etiquette
8The bid window is understood to extend to 08 October.
8ONGC, meanwhile, has hard-coded who can grant time and when.
8Vendors get breathing room, but last-minute pleas will not fly.

BPCL’s CAMS pre-bid locks in L1 award, annual CAMC and vendor-built APIs for zero-delay integration
8BPCL has shut the door on QCBS and doubled down on an overall L1 award for its CAMS digitalisation. The client also says API gaps won’t be an excuse—vendors must build integrations and still meet milestones. With annual CAMC payments and all-inclusive pricing, the cashflow and cyber-assurance calculus shifts squarely to the bidders.
IOCL Panipat PBR cooling-water package gets a second push to 29–30 Sep without easing PQC or RA terms
8IOCL’s composite cooling-water works at Panipat has moved again, this time to a late-September bid and opening. The scope and terms remain untouched, but the documentation bar stays high. Behind the extension is a strategy to widen clean participation without diluting risk controls.
BPCL BPREP DCS bid clock slips by 30 days to 19 September under zero-deviation, NDA-gated regime
8BPCL’s BPREP distributed control system tender has now moved to 19 September after two extensions. Nothing else has changed: zero-deviation, PPP-MII filters, NDA gating and a Rs 2 crore EMD still frame the field. The delay may widen participation, but it also compresses downstream engineering and FAT windows.
BPCL extends H2 membrane BDEP and detail engineering tender after two-step date shifts in Kochi refinery
8A hydrogen network job rarely tolerates sloppy BDEP timelines. BPCL has now pushed the bid window to 15 September, while hardening its TPIA gatekeeping and no-deviation stance. The combination changes who bids, how they price, and the risk they will accept.
IOCL extends KGPL supervising-agency bid by a week to 12 September, keeps tough 10-inch/50-km filters for the LPG pipeline project
8IOCL has pushed the GeM bid deadline for the KGPL supervising-agency package to 12 September. The extension comes without easing the ≥10-inch, ≥50 km pipeline supervision thresholds or the landed-cost evaluation model. The real play now is whether more qualified PMCs step in with credible deployment rosters.

8The Delhi polyamide (PA6) market remained stable on September 9, 2025, with the benchmark PA6 grade E35 assessed unchanged

8Indian Petrochem analysts have reported a decline in 2-Ethylhexanol (2-EH) prices in the Delhi chemical market

8According to Indian Petrochem analysts, the glycerine CP-grade market in Ahmedabad has seen a slight dip following a period of price stability

8Market data from Indian Petrochem shows that Soap Noodles (Grade 80:20) prices in the Delhi chemical market have slipped, providing a brief window of relief to soap manufacturers and allied downstream industries