News & Bulletin Updates

Jun 14, 2024: ONGC: Back in action

ONGC had gone through a quiet phase because it went through a centralization process
8A lot of RFQs were put on hold as powers were transferred from assets to centralized division by the Arun Kumar Singh
8But the process has now been completed, and a raft of RFQs are being readied

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Ammonia Revamp Project
8Cost:Rs 910 crore
8Project Event: There is much action on this project
NPK Pilot Plant Greenfield Project
8Cost:Rs 90 crore
8Project Event: The project is on hold. The company is focusing on enhancing its production capacity at its Sikka complex by increasing the manufacturing of diammonium phosphate (DAP) and NPK complex fertilizers in the future. But this project is on hold

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8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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

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8This particular onland rig requirement is stymied by a peculiar requirement

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8In this set of EIA studies, the hands of the bidders will be tied behind their backs

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8The price of polymeric MDI MR200 in the Delhi market produced by Tosoh Corporation has experienced maximal fluctuations over the last month, with rates generally remaining volatile

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Oil India Ltd's Ranjit Rath is no doubt a hard working CEO though he has developed a sweet-tongue approach to exaggerate his achievements
8For example, his projections a an analyst meeting of OIL's oil & gas production over the next two years has been discounted by industry watchers and analysts alike, terming them unrealistic. But Rath has learned the languagee of talking tall and getting heard.
8But there is no a bigger revolution happening in ONGC, a company at least 10 times larger than the one that Rath controls
8So the scope in ONGC is higher to that extent for vendors and package suppliers
8Here is an opportunity in ONGC, -- Rath had come out with a similar tender too a few months ago -- that is likely to see a lot of vendors participating
8Also get a list of probable bidders for the tender here
Click on Details for more

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8Isophthalic acid, a chemical primarily produced by LG Chem, has undergone significant fluctuations recently in the Delhi market

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8The soap noodles market in Mumbai is witnessing significant growth due to the rising demand from local and international soap manufacturers

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8The Mumbai chemical market has recently announced the availability of Propylene Glycol Monomethyl Ether (PGME) at a significantly reduced price, presenting a lucrative opportunity for manufacturers across various sectors

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The LOI for this major offshore project is now in hand
8Expect a waft of orders

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8This is a mere $2.5 million deal for an E&P transfer of equity
Given the prospects, it seems like a good deal indeed for the buyer

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8Get a complete synopsis and price comparison trends here

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8A combination of factors is at work, get the latest roundup prices

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8Prices have shifted according to sources, find out how far the price has moved

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8Find out more about how far the price has shifted

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8Find out more about how far the price has moved

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8Get the price movement for today

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8A decrease in today's price is witnessed, find out by how much

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8Get the price movement for today

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

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8Get the price movement for today

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

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