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8The price witnessed a movement, find out by how much

8How are global butadiene behaving?

8Who’s making waves and who’s just treading water?

8Hindustan Urvarak & Rasayan Limited (HURL) and National Skill Development Corporation (NSDC) enter into an MoU for a Skill Development Program titled Project “SAKSHAM

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

8Yet even with steep renewable ramp-ups, pump hydro and battery storage remain cheaper and more scalable than a power-to-hydrogen-to-power alternative  in India’s 2030 scenario.

8India’s shipping regulator demands ISO audits, live ops, and dual certifications—before even permitting a bunkering attempt.
8What is more, bio-fuel blends at 30%—well below what other nations bunker—citing MARPOL, but raising questions on tech and supply flexibility.
8Port terminals, truck fleets, and ship crews now face sudden audit protocols and storage specs that barely exist on the ground.
8Instead of easing adoption, DGS erects a wall of compliance—from QRA reports to terminal risk assessments—for every delivery.

8Find out who got this deal and how

A probe confirms that over 7,500 people around IOCL’s Panipat refinery suffered health impacts, including respiratory and neurological ailments.
8And while compensations worth Rs 659 crore were imposed, only Rs 44 crore has been disbursed
8An analysis also found districts with petrochemical refineries reported drastically higher respiratory infections in children under five, with Haryana among the worst-hit.

8ISGEC, Thermax Babcock, and Thermal Systems raised repeated concerns on emission norms, drum access, and PRDS logic—several left unresolved or deferred to detailed engineering.
8With scope ambiguities and qualification risks looming, the burden is now clearly shifting to the bidders.

8Clarification replies to four major foreign vendors show Petronet LNG isn’t budging on qualification, warranty duration, or technical specs.
8Multiple queries saw rejection or vague deferment—raising the commercial risk bar for global OEMs.

Tender lock-tight: Petronet LNG demands full compliance for high-flux exchanger under UOP umbrella
8PLL’s indigenous tender for a critical shell-and-tube exchanger in its Dahej PDH plant includes a 10-slab payment plan, strict no-deviation rule, and heavy ABG/CPBG requirements.
8The UOP-linked NDA limits even basic drawing access, signalling a tightly controlled IP regime with high entry barriers for new vendors.
BPCL puts UPS bidders through pre-tender filter for Bina petchem power backbone
8With a tight 300-day window and dual-voltage configuration, BPCL’s UPS system for its upcoming Bina petchem complex will be offered only after a pre-tender filtration.
8EIL's early push for track record and financial scrutiny sets the tone for high-spec vendor qualification—weeks before commercial bids even open.
Bid deadline extended again for MRPL’s VOC package: August 4 is new cut-off
8The VOC control tender for MRPL’s offsite pipelines and tank farm is now extended to 04 August 2025, with no major scope or commercial relaxations.
8However, standard-heavy compliance, and interface scope complexities continue to spook vendors — potentially explaining repeated date extensions.
EOI for UCO supply to SAF co-processing extended till 29 July amid likely bidder hesitancy
8Numaligarh Refinery has extended its UCO procurement EOI for SAF blending by a week, now due 29 July.
8While the specs and sustainability criteria remain tight, the extension hints at tepid initial interest. Market players suggest that eligibility norms and logistics to Assam may be deterring participation.
NRL’s UCO EOI for SAF co-processing extended to 01 Aug as PSU ambition meets market inertia
8NRL has extended its EOI deadline for Used Cooking Oil supply to 01 August 2025, its second extension.
8The strict sustainability certifications and delivery specs seem to have constrained wider market response.
8While the SAF agenda is strategic, the domestic ecosystem may need more policy support or tender redesign.

8Strict flowdown obligations under Axens' proprietary NDA appear to be delaying finalization of bids. Bidders needs time to align with the 25-year confidentiality regime.
8Smaller vendors may find the legal and procedural complexity burdensome.

ONGC Mehsana floats one-time hydraulic lab tender with classic PSUs norms and strict guarantees
8The hydraulic test lab package includes a universal bench scope, but ONGC’s standard-heavy tender structure leans on high guarantees, GST compliance risks, and tight mobilization.
8No pre-bid window limits course correction, and MSMEs may face qualification choke points.
ESG compliance made mandatory in mid-value tubing tender
8OIL has institutionalised ESG compliance for purchase orders above Rs. 20 crore—failure to file the ESG questionnaire within 15 days is now treated as contractual default.

8The bundled Rs. 75 crore workover rig services contract saw one service provider emerge as L1 with aggressive pricing.
8A wide bid gap hints at execution risk premiums and MSME exclusion fallout.

8Oil India has issued a high-stakes global charter tender for two Anchor Handling Tug Supply (AHTS) vessels to support upcoming drilling across India’s East and West coast waters.
8While pre-bid flexibility is offered, final conditions are locked post-clarification—leaving little room for bidder-side repricing or tech shifts. Bid security stands over Rs. 4 crore.

8By capping aircraft age at the contract’s end rather than start, this new EOI instantly filters out older flying assets.
8This clause alone can disqualify multiple operators with leased or depreciated aircraft. Requiring a liquidity ratio ≥1 in two consecutive years without audit exceptions may shut out promising players from the EOI race.

ONGC’s starter-alternator repair tender filters field with rigid full-scope terms
8A.D. Vijseva and Manjit Auto Electric Parts emerge as key bidders under ONGC Mehsana’s limited repair tender. With zero price escalation and tight spares conformity, risk margins may escalate over contract life.
ONGC extends digital well analyzer bid to July 29; echoes firm up on auto-only spec and GST clarity
8ONGC has clarified that only automatic echo-meters will be accepted under its Rajahmundry bid, pushing up tech thresholds for vendors.
8Insurance surety bond formats and GST concessions also redefine the financial contours for participants.
OIL India relaxes turnover norms by 40% for Mahanadi basin tender
8In a bid to widen competition, Oil India has slashed the minimum turnover threshold. While this boosts MSME eligibility, execution risks could emerge if technical filters aren't equally robust.
ONGC drops Tripura references in fire safety tender; Ahmedabad Asset takes full control
8A sweeping corrigendum removes all Tripura-based roles from ONGC’s LSTK fire protection tender, reassigning execution, payments, and coordination solely to Ahmedabad.
8The fix clarifies asset responsibility ahead of bid submission and site execution.
Oil India extends rig hire bid to 31 July; pre-bid concessions hint at super single rig play
8The bid deadline for Oil India’s 1000 HP mobile rig contract has been extended again, now closing on July 31.
8With deep-well norms relaxed and super single rigs allowed, the tender signals a shift toward contractor inclusivity—but not without execution trade-offs.
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8In the tender for workover rig inspection at Ankleshwar, ONGC disqualified Bureau Veritas for falling short on advanced NDT compliance.
8Mandatory scope rigidity continues to drive out partial-service vendors.

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

8Land acquisition for Kandla-Gorakhpur LPG pipeline in Gujarat [Gazette]
8Gazette notification for pipeline laying under PMP Act, 1962 in Gujarat [Gazette]
8E-auction notice for sale of gas from Nawagam field [ONGC]
8Intimation of customs order and proposed appeal by Everest Kanto Cylinder Ltd. under SEBI LODR [EKCL]
8Intimation of GAIL’s Q1 FY 2025-26 earnings conference call on July 29, 2025 [GAIL]
8GAIL announces 41st AGM date and record date for final dividend FY 2024-25 [GAIL]
8Key decisions taken at ONGC board meeting on July 22, 2025 [ONGC]
8Financial results for the quarter ended June 30, 2025 [MGL]
8Communication to shareholders on TDS applicability for final dividend [BPCL]