8On a three-month view, Butyl Carbitol is lower by Rs 3.00/kg
8The drift developed gradually with limited day-to-day movement

8This fortnight, Butyl Acrylate Monomer (BAM) slipped Rs 4.00/kg
8Prints moved lower in measured steps rather than abrupt gaps

8Butyl Acetate is up Rs 6.75/kg over the past month
8Domestic trading stayed orderly while the up-move developed

8Cyhalothrin was unchanged this week, while the fortnight lens shows a Rs 10/kg slip
8Three months ago, it was higher by Rs 40/kg

8Phosphorus Oxychloride has added Rs 4/kg across the month
8On a six-month lens it remains lower by Rs 8/kg, keeping the recovery in context

8Hexaconazole rose Rs 5/kg this week
8The month view is also firmer, adding Rs 15/kg across October

8Year on year, Pendimethalin is higher by Rs 15/kg
8Over the last six months, it is up Rs 10/kg, even as recent sessions cooled

8C10 Solvent is up Rs 3.5/kg over the past month
8On a six-month view, it remains lower, keeping perspective on the latest firming

8The fortnight view was unchanged, while the three-month lens shows a Rs 4.5/kg lift
8Prints have returned to the upper end of October trading

8This week edged Rs 1/kg lower
8Over six months, the product is down Rs 10/kg, with recent sessions staying even

8Over the past month, the product fell Rs 7.5/kg
8Compared with last year, levels are lower, and the latest sessions sat close to the trough of October trading

8On a three-month view, the product is up Rs 7/kg
8The monthly lens is flat, and recent sessions printed inside a narrow band

8On a weekly lens, Chloroform added Rs 2/kg
8The fortnight view is firmer by Rs 3/kg, marking a clean rise into late October

8Intimation of board meeting and earnings call for the quarter and half year ended September 30, 2025 [UPL]
8Cessation of Mr. D. Gunasekaran as independent director upon completion of second consecutive term and reconstitution of board committees [KICL]
8Independent ESG rating assigned to the company by ESG Risk Assessments & Insights Limited [GSFCL]
8Board clarifies temporary non-compliance under regulation 17 and reaffirms commitment to robust governance standards [KCFL]
8Board strengthened with new appointment and reconstitution effective October 30, 2025 [KCFL]

8Board approves sale of 51% equity stake in Hindustan Aegis LPG Limited by wholly owned subsidiary to associate company [Aegis]
8Earnings call for Q2 FY26 [JD]
8Clarification on media report and execution of non-binding MoUs with JNPT for proposed Vadhavan Port projects [Adani Port]
8Investor presentation – October 2025 [SWP]
8Q2 FY26 revenue up 128% YoY to Rs.624 Mn; H1 FY26 revenue rises 81% YoY to Rs.1,027 Mn [SWP]
8Appointment of Shri Shashi Bhushan Singh as interim compliance officer w.e.f. November 1, 2025 [ONGC]
8Financial results for the quarter and six months ended September 30, 2025 [MGL]
8Audio recording of analysts / investors call [ATGL]
8Financial results for the quarter and half year ended September 30, 2025 [HPCL]
8HPCL reports 731% surge in H1 FY26 standalone PAT; declares Rs.5 per share interim dividend [HPCL]
8Investor presentation – Q2 FY 2025-26 [HPCL]
8Additional session in auction market [IGX]
8Additional session in auction market [IGX]
8Cambay PSC update [Synergia]

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

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

8ONGC’s four-rig charter sets a rigid EDR calculus with capped downtime tariffs and a diesel-indexed fuel component.
8Bidder liquidity is tested by tiered EMDs and explicit monthly recovery for delayed PBG, on a 180-day mobilization leash.
8QCBS score-matching keeps technical weight while forcing uniform rate trims across ODR-linked elements.

1) Inspection-led QCBS valuation hardens lifecycle lens in ONGC Sagar Vijay valuation.
8ONGC wants a fair-market value that starts with steel, not spreadsheets.
8The TPA must inspect, model and forecast 10 years of O&M and major repairs, then defend its methods.
8QCBS and a mandatory price-breakup keep bids comparable without diluting methodological freedom.
 
2) EOI for sale of drillship Sagar Vijay: Bid clock pushed to 10 November 2025.
8The EOI timeline for the sale of ONGC’s drillship Sagar Vijay has been extended till 10 November 2025.
8The original deadline and clause-wise changes have not been disclosed, keeping bidders guessing on validity and security recalibrations.
8Whether this brief extension signals low participation or a planned re-scope will become clear only in the next corrigendum.

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

1) Assam tie-line clock starts on 400 mm, 5.6 km Nagajan–Kathalguri build in Oil India
8OIL has launched a single-stage two-bid contest to lay a 400 mm NB, 3-LPE coated gas pipeline over 5.6 km in Assam.
8With time declared the essence, a 30-day mobilization and 12-month finish compress the execution window.
8Integrity pact, e-BG and land-border compliance gates will shape who actually bids.
 
2) Clamp-on EPC pushes SIMOPS discipline and staged securities in western offshore clamp-on project
8ONGC’s clamp-on package adds three 30-inch conductors per platform at NBP-E, RS-21 and SV without pausing legacy production.
8SIMOPS rules with no standby and a strict 6001F regime shift risk from tariff buffers to engineering and logistics.
8Split PBGs and dense QA/marine audit artefacts harden close-out and warranty control.
 
3) Effluent shuttle shifts idle-time and quantity risk to road fleets in ONGC Cauvery Asset effluent water transport
8ONGC has put a 3-year, multi-route effluent shuttle on GeM with GPS, calibration and exclusive-use gates.
8No minimum quantity, distance normalization and a 6-hour placement SLA recast contractor economics.
8The e-PBG sits at 3% for 40 months, but the real pressure is on dispatch and queue discipline.
 
4) HPWBM plus call-out centrifuge hardens fluids reliability in Oil India HPWBM four-year hire
8OIL is bundling two full HPWBM service sets with a floating centrifuge to hold gauge and ROP across ~40 deep wells.
8The spec leans on hot-rolled stability, strict toxicity thresholds and Ex-certified power hardware to de-risk solids control in Zone-I/II.
8The cash bars are real, but the bigger test is inventory discipline and genuine deep-well résumés.
 
5) Fuel-switching steam plan scales CSS across 84 wells — ONGC Mehsana
8Mehsana is taking its CSS pilot commercial and wants cheaper steam than LPG can deliver.
8ONGC is testing two commercial lanes—supply-and-O&M or full hiring—backed by hard thermal parameters and five-year logistics.
8The market now must prove crude/gas-fired or other efficient steam at 200 TPD with ≥90% quality, reliably.

1) L1 undercuts the field by up to 88.9% on live-line hot tapping in ONGC Cambay Anklav Tee valve-replacement award
8A live hydrocarbon trunk line isolation drew a wide spread between the lowest and highest bids.
8ONGC’s no-subcontracting rule and a 10% performance security sharpened the qualification and cashflow bar.
8The price signal points to divergent risk loading on double stoppling integrity and reinstatement.
 
2) Festival-time extensions, quote floors and higher agency count are all denied in Assam pipeline ARC
8Twenty-two bidders entered ONGC’s Assam pipeline ARC with familiar anxieties over below-par bids and a festival-tight clock.
8ONGC refused to dilute competitive heat or stretch dates, while locking TPIA verification to the tender’s full value.
8The work-share-plus-EMD matrix now decides who dares to signal capacity — and at what cash cost.
 
3) Five calibration vendors line up for safety-valve ARC as ONGC skips PBC
8A three-year safety-valve ARC has drawn a compact field of five, all betting on bench accuracy and turnaround discipline.
8ONGC has kept the NIT intact, with firm pricing, standard securities, and no pre-bid conference.
8The real contest now moves to written clarifications, credential depth, and who can assure repeatable calibration at scale.
 
4) Corrigendum widens bid window and locks single-basis finance proofs for WBDF mega-buy
8ONGC has pushed the WBDF bid clock deep into November while clarifying how audited numbers must be presented.
8Bidders may rely on consolidated accounts only where standalone audit is not mandated, and they cannot mix bases across parameters or years.
8Experience guardrails are eased on system variants, but documentation discipline just got sharper.
 
5) Corrigendum issued on workover rig call-out tender by SunPetro in Gujarat SPPL-246
8SunPetro has released a bulletin against its Gujarat 100 MT workover rig RFQ.
8The shared page flags an amendment but does not disclose clause-level changes.
8Bidders must reconcile compliance and schedules against the complete bulletin before locking commercials.

8The refinery wants OEM-grade hydrotreating catalyst under hard sulfur, yield, and life guarantees. It is courting domestic suppliers—including new plants in India—while locking performance with a life-long PBG and PGTR. The price baton moves to a single landed-cost line on GeM, with penalties for any slip on specs.

8OIL has quietly shrunk the torque bar on its 1000-HP mobile rig charter while keeping hazardous-area compliance intact.
8A short, two-day date push to 06-11-2025 hints at bidder-side equipment realities rather than scope churn.
8The downstream stakes are in who can now qualify without inflating rates — and how long OIL keeps this window open.

1) MPC well-stimulation bid end shifted to 05 November 2025 in Baghewala field
8Oil India has pushed the MPC six-well bid window to 05 November 2025, a seven-day slide from the original 29 October deadline.
8Validity and securities appear unchanged, keeping bidder liquidity on the hook even as documentation time improves.
8Whether this is a simple participation bridge or a prelude to scope clarification will be visible in the next notice.
 
2) Ground flare system bid now closes on 03 November 2025 for Bhaskar-I field
8SunPetro has granted a final extension for the Bhaskar-I ground flare system, pushing the bid clock to 03 November 2025.
8All other terms remain unchanged, keeping validity and security exposure on bidders even as engineering time improves.
8The hard stop will test participation depth and reveal who is truly execution-ready.
 
3) Bid clock slips again as design and compliance clauses are pared for execution for Jorhat CBG plant
8OIL has pushed the bid timelines on its 125 TPD Jorhat CBG plant after a string of design and compliance trims.
8Blanket 130% oversizing is gone, training is out, and PCB-anchored norms replace earlier fixed numbers.
8The date moves buy time, but they also hint at a tighter, execution-first package where only proven EPCOM benches will stay in contention.
 
4) Bid clock pushed to 06 November amid compliance tightening and training deletions in Agartala CBG
8OIL has extended the bid timeline on its 160 TPD Agartala CBG package to 06 November 2025.
8The move follows a series of governance and compliance trims — from deleting training and fuzzy manpower penalties to locking approved makes and norm-anchoring flares/effluents.
8The calendar shifts buy bidders time, but they also raise the bar for an execution-ready bench.
 
5) Bid clock pushed to 19 November as scope and safety clauses are finalised in 125 MT workover rigs contract
8OIL has rolled the bid window again, landing the close on 19 November 2025.
8The move follows a hard pivot to seven uniform rigs without accessory packs, mast-mounted cat-works, dual brake options, and PESO-tied engine silencers.
8Tool-kits are now per rig, verification remains strict, and bidders get time to lock clean, defensible offers.