News & Bulletin Updates

8Scheme approves six commercial and four demonstration 2G bio-ethanol plants
And these projects are going to utilize cellulosic, lignocellulosic biomass, and petrochemical feedstocks

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8For the quarter ended June 30, 2024, the unaudited standalone financial results have been released
8Explore insights into the company’s performance and financial health here

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8Adani Group is gearing up to build a $4 billion petrochemical cluster in Mundra, Gujarat
8This move marks the company's entry into the petrochemical sector
And this project’s all set to tackle the sector’s supply gap with a splash!
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8These new reserves are set to shake up the supply game and stir up market dynamics
8This shift could upend global pricing and spark fierce competition in the petrochemical world
8Get ready for a wild ride in global petrochemical pricing and competition!
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8S-Oil is Korea’s third-largest oil refiner
8And the paraxylene plant fire on Monday is set to spark a revenue shake-up

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8India and Saudi Arabia eye hot investment spots in refining, energy, and beyond!
8This can be seen as a bold move from Modi and Salman's 2023 pact
8Exciting prospects ahead!

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Ageing producing fields or basins have over the years have accumulated multiple seismic surveys.
8There are all kind of studies on going
8The big problem now is how to make sense of out of this multitude of studies

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

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Some states are more difficult to deal with than others when it comes to environmental clearances
8Southern states are allergic to oil & gas projects, be it for the laying of pipelines or E&P work
8Here is a clearance needed for which the owner may have to go through quite a few hoops

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8The Ahmedabad polymer market has reported a decrease in the price of Polyoxymethylene (POM), grade M270 44

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There are questions still raised on ONGC Cluster-II production in KG-DWN-98/2 block, where the company has infused a massive $5 billion
8The entire infrastructure has been created and hydrocarbon flows have begun
8So where is the confusion?

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HDD is another segment where the competition is very heavy
8There are now more than 10 bidders for these kind of jobs
8So that is another area that is now fully commoditized
8Here again, it will be overhead costs that will determine real pricing
8These are the kind of segments from where there should be exists instead of fresh entrants making a go at it

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8The bottle-grade Polyethylene Terephthalate (PET) has seen a decrease in prices in the Delhi market

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Third party inspection services segment is highly competitive
8And there are a whole lot of qualified bidders
8The work is lucrative but prices do get hammered down
8So the big guys in the field, like SGS, TUV, Bureau Veritas, they all have high overheads and they tend to miss out on the really good contracts
8Can something be done about that?

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8The bid submission date for this major petrochem project has been extended again

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Is the BJP government pushing public sector oil companies to go to their own states?
8Here is a petrochemical unit that was meant to come up somewhere else, will it now go to Odisha?

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8There is a lot going on with contracting in the sector

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Oil India Ltd is trying out a complicated E&P maneuver.
8The onus however has been left to the bidders to cough up both the technology and the performance

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8According to Petrochem sources, on July 29, 2024 there was a significant increase in the price of refrigerator R404A in Mumbai

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8Tender for contract for filling of liquid helium in the Cromagnet of JEOL 400 MHz FT NMR spectrometer
8Supply of poly aluminium chloride (liquid) conforming
8Supply of NPK 15 15 15
8Supply of rock phosphate
8Tender for import of DI-Ammonium phosphate (DAP) bulk (fertilizer grade)
8DAP Fertilizer Price in Maharashtra
8Urea Price in West Bengal

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8In a recent development, the price of Butyl Acrylate Monomer at Kandla Port has seen a cut

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8Kandla Port, one of India's key chemical import hubs, has recently witnessed a notable increase in the price of N-propyl acetate

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8BDGE (Korea)  prices in Mumbai have seen remarkable stability over the last few days

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8The Delhi chemical market has witnessed a significant increase in the price of 1,4-butanediol, a versatile chemical required for various industrial applications

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8In the Delhi market, SBS LG501, produced by LG chem, has been experiencing significant price fluctuations over the past month but now a recent increment is seen in its price

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