The Nagarjuna sale deal is going through a new iteration.
8And a bidding process was completed a few weeks ago

The Vedanta boss is a wise man
8He has built an empire from scratch
8And he has some very wise thing to say
8Will the petroleum minister listen?

GAIL has been good in gas transmission and setting up pipelines
8Its venture in petrochemicals has not shown great results yet, the IRR is barely positive
8And the less one speaks about its E&P ventures, the better it is, just getting past the basic benchmarks under the minimum work programme is a struggle,
8It has little internal talent or experience
8But it trying again in an E&P block but success is not a given
8At least there is work ahead for vendors

8Halliburton's insistence that it can provide a better grade of material against an ONGC tender was rejected

The thing about parachuting a rank outsider into an organization is that he can do some sideways thinking
8Ranjit Rath is one. There were murmurs of protests when Rath with no oil & gas experience was imposed by the PMO on Oil India Ltd
8But Rath is more ambitious than what even the PMO thought
8He has begun attending investors and analysts conferences, something a PSU chief rarely does, and spins big future production projections which have to be toned down by analysts in their advisories
8And  while ONGC was going through a tendering trough on account of its reorganization, Rath was pushing through some innovative contract proposals that caught the eye of the industry watcher.
8The OIL CMD has become more ambitious now, he wants to leave a Modi-like impact on OIL.
8What is up his sleeves now?

Gas separation units have now become the monopoly of just a handful of companies
8And they have the economies of scale and the contacts to pull through a tender

A total of four tenders have been floated
8And another one is coming

8The price of antioxidant 4020, manufactured by Lanxess, has been subject to notable fluctuations over the course of the past month

8Prices of DINP in Delhi have risen, indicating an upward movement in the chemical market

8In the latest updates as of June 20, 2024, a cut in DIBP prices was noted at Ahmedabad

8In a significant development, DOA prices in Ahmedabad have seen a decline

8In the chemical market of Delhi, isobutylene gas has experienced a noteworthy increase in price, primarily attributed to its constrained availability, according to information from Indian Petrochem analysts

8Acetone prices have witnessed a sharp rise at Kandla today

8IPA prices have witnessed a sharp rise at Kandla today

DAP/NPK Phosphoric Acid and Sulphuric Acid Greenfield Project
8Cost: Rs 6433.52 crore
8Project Event: The RFQ for the EPC contractor is expected to be released in Q3 2024
Ammonia Storage Tank Greenfield Project
8Cost: Rs 250 crore
8Project Event: The project has completed 67% of the construction work. The installation of auxiliary systems is ongoing. The project is likely to be completed by the end of December 2024

8There is a lot E&P activity today

8Here is how you can guard against volatility

What is the latest with the global DAP market?
8And what is the status on Indian DAP tenders?

8The latest prices for N-Butanol in SE Asia

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

8Find out the latest prices for Acrylonitrile in FE Asia, the US Gulf, and SE Asia

8The prices have witnessed a movement today. Find out how much

8A combination of factors is at work, get the latest price here

8Has the price witnessed a movement today?

8Find out the latest prices