News & Bulletin Updates

8Track the domestic prices and identify if there are any changes today

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8Get the latest prices for Isobutylene

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8In the latest updates from Ahmedabad, Indian Petrochem analysts on June 21, 2024, reported an increase in the prices of chloroform

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8We have the complete price matrix of today's Mumbai chemical market

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8We have the complete bulk prices of the Mumbai chemical market as of today

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8In the latest updates as of June 21, 2024, a cut in NBA prices was noted at Kandla

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8IPA prices have witnessed a sharp rise at Kandla today

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8Find out the latest price trends in South Korea, China, Rotterdam and the U.S. Gulf

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8Get the latest prices of BRENT in Europe and WTI in the U.S. Gulf

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8Here is today's price, find out the price trend of Naphtha in Japan and Europe

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City gas distribution too has a lot of work these days as licencees rush to fulfill minimum work obligation under the watchful eyes of a now powerful PNGRB
8In the process, a lot of business gets thrown up for vendors
Click on Reports for a synopsis of what is going on as of today from the vendor point of view

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8LNG
8Crude

8Chemicals
8Coal & Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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It is never easy to participate in a seismic data acquisition service when sophisticated data is needed
8There was a lot of interest but eventually half the bidders disappeared

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In this important petrochemical project, the following bidders lined up to supply plant and equipment
EIL is the PMC
8ABB India Ltd
8Emerson Process Management India Pvt. Ltd.
8Honeywell Automation India Limited
8Yokogawa India Limited

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What ONGC CEO Arun Kumar Singh is doing is to bring in a new layer between the assets and the companies?
8It is an additional layer, but the best part is that it is a first principles approach, nothing is to be believed unless it is fully tested.
8But if one looks at the execution philosophy, it is a good. Due process is maintained, and there is a one point responsibility.
8What the asset is saying is getting revalidated one more time, and then the process of contracting starts.
8And from now on there is going to be a standardization of contracts. And that is a good sign
Click on Details for more  

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Selling core oil & gas assets is back on the agenda again.
8What kind of shape will it take?

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For Adani, the sky is the limit in terms of investments
8And he has drawn up a plan which is more ambitious than anyone else in India.
8It looks like he has bigger plans than Ambani

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8What is happening with the urea tender by India?
When is it likely?

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What are the projected prices for DAP and potash?
8As well as for ammonia and urea
8This is an insight that Indian importers must keep in mind

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

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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?

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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

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

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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?

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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

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