8Propionic Alcohol slipped Rs 1/kg over the past fortnight, then stabilised. Weekly prices showed little change, keeping volatility low

8Isobutanol is steady compared with three months ago, following earlier advances. 

8Adipic Acid rose Rs 2/kg over the past week, extending a gradual upward drift

8India’s Supreme Petrochem Ltd has announced an upward revision in polystyrene prices
8The increase reflects rising cost pressures and comes into effect from January 5, 2026

8Formosa Petrochemical Corp (FPCC) has raised its butadiene contract settlement for December 2025
8This marks a clear upward adjustment from November levels

8PPAC notifies domestic natural gas price at USD 6.25/MMBTU for January 2026 [PPAC]
8PNGRB launches national PNG drive 2.0 to accelerate clean energy transition [PNGRB]
8Initiation of public consultation for declaration of BPCL’s Cochin–Coimbatore–Karur pipeline under PNGRB Act, 2006 [PNGRB]
8Unlocking LNG’s potential in the transport sector [PNGRB]
8Change in senior management [ONGC]
8Intimation of resignation of director of the company [GGL]
8Change in senior management [BPCL]
8Change in senior management [IOCL]

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

8The owner is pushing a BOO model for the ASU that makes oxygen and nitrogen supply a contract weapon rather than a captive utility. The most expensive line in the document isn’t the EMD, it’s the 20% adverse-weather design margin that quietly rewrites sizing, redundancy, and tariff math. But the real fight will be at the battery limit, where steam, power, and storage obligations decide whether “round-the-clock” is enforceable or just aspirational.

8The owner is reshaping the HDD contractor market by making “single crossing, proven and tooled” the entry ticket for pan-india pipeline crossings — not just a history of smaller jobs. The 10-year equipment age ceiling and category-linked rig classes quietly redraw who can compete for future limited tenders.

1) BPCL’s Bilaspur OMSW-based CBG plant gets a year-end bid window reset, but the risk posture stays hard-line
8BPCL has moved the bid clock far beyond the original due date. The extension buys bidders time, but the replies still signal minimal appetite to dilute qualification filters or execution accountability.
 
2) Indian oil pushes ZWTL empanelment deadlines by 12 days, but a start-date year anomaly complicates the submission window
8This is buying bidders more time to assemble heavy qualification proof. The same corrigendum also shifts the pre-bid meeting, reshaping when clarifications get locked as binding.
 
3) BPCL’s Mumbai refinery turnaround pigging package slips
8The scope reads like a specialist mini-project—large diameters, underground sections, man-entry cleaning, and 24x7 execution discipline.

1) BPREP reciprocating compressor RFQ stretches 88 days across seven extensions
8The pattern looks less like a single schedule correction and more like rolling attempts to stabilise participation under a confidentiality-gated, zero-deviation bid structure.
 
2) Three-step bid deadline push stretches bpcl’s BPREP demountable flare package window by 77 days
8The notice language is bare, but the underlying bid pack signals a high-integrity flare scope where modelling, testing discipline, and “deemed included” risk items can’t be priced casually. The real question is whether the extensions are widening competition—or quietly filtering it.
 
3) This SAF pretreatment licensor tender slips 20 days, while a corrigendum hard-resets validity to 9 months
8The bid has also been stretched in steps, a pattern that usually appears when participation or clarifications are not settling cleanly. The bigger story is how scope elasticity and invoice add-ons are being wired into what is supposed to be a technology-and-BDEP contest.
 
4) EIL holds the commercial line on the Dahej PDH-PP reciprocating compressor package
8Bidders tried to re-price the Dahej PDH-PP reciprocating compressor package around cashflow, liability and delivery definitions, and EIL mostly refused to move. The only visible change is a narrow security-instrument wording correction, while core commercial levers remain locked.
 
5) Auto-extension settings stretch the VFD AMC timeline in IOCL/SERPL Sambalpur
8But the market is already single-seller.The deeper story is not the calendar movement — it is the single acceptable bidder design and the policy-signalling mismatches across artefacts. When extensions happen inside that structure, they change governance risk more than they change competition.

1) NRL’s PPU electric heater package tightens “complete system supply” boundaries ahead of bidding
8This is being framed less as equipment and more as an integrated controls-and-compliance package, with the vendor carrying end-to-end design, approvals, and interface responsibility.
 
2) NRL turns hydrocracker catalyst supply into an outcome contract with PQTR penalties and total-failure reimbursement
8Numaligarh refinery is not just buying hydrocracker catalyst; it is importing refinery economics into the contract through quantified yield, quality and hydrogen guarantees.
 
3) GeM gating and audit-traceable labour payments tighten the bidder pool for 2G ethanol utilities O&M
8The owner is turning a routine utilities O&M support contract into a compliance-filtered procurement where process readiness can matter as much as operating capability. The tender quietly hard-wires GeM conversion and bank-traceable labour payments, reshaping who can even compete credibly.
 
4) GAIL’s LMC-to-JSW Utkal environment package hardwires category “A” eligibility and document hygiene into the bid gate
8The is not just procuring studies; it is procuring a regulator-proof narrative chain from marine baseline to CRZ defensibility. The tender’s most consequential moves are the accreditation-led eligibility design and the post-bid evidence lockdown that blocks “credential patching” after submission.
 
5) GAIL tightens 24x7 RGMC control-room outsourcing with floor-price “service charge” bidding
8The tender quietly reframes “support services” into a control-room governance contract where SCADA vigilance and emergency call discipline become the real deliverable.

1) Technical bids draw five-way contest for IOCL greenbelt HDD crossings at Paradip
8Five bidders have surfaced in the technical stage for a corridor-constrained HDD package where “golden joints” and rock execution risk sit quietly inside the scope.
 
2) Technical bids open with five admitted bidders for refractory shutdown maintenance package
8This is a compliance-led contest as much as a technical one.

1) Bid submission for heavy crude technology EOI pushed to 15 January 2026
8Oil India is stretching the clock on its Kobochapori-1 heavy-crude technology EOI, shifting the submission deadline to 15 January 2026.
8Behind the extension sits a well with explicit wax/viscosity flow-assurance failure history, where “industry-proven” claims will be tested against hard evidence.
 
2) ONGC western offshore WBDF tender ZW3AC25002 extended to 27 January 2026 as date-linked BEC compliance keeps shifting
8ONGC’s WBDF package is not just a fluids contract; it is a compliance-engineered offshore control system with date-sensitive eligibility triggers baked into the BEC.
8The extension runway changes who can stay compliant on audits, samples and test documents without ONGC relaxing any technical spine.
8The unanswered question is whether the repeated calendar resets are curing a bidder-readiness problem—or exposing one.
 
3) Oil India extends bid submission for charter hire of 02x2000 hp drilling rig package
8The extension lands alongside uploads of pre-bid minutes, final responses to queries, and tender revisions flagged via annexure-a, pointing to an information-set that was still moving late in the cycle.
8The short deferral can widen participation, but it also sharpens the compliance and documentation bar for a rig market where eligibility filters and bid securities can decide who even gets to the gate.

1) Single-bidder award locks GAIL’s CBG DFR pipeline to indian biogas association
8GAIL has awarded its contract in a field that effectively collapsed to one qualified bidder. The real story sits inside the firm-price, travel-bundled delivery model and the capacity-anchored experience gate that can quietly filter out most consultancies.
 
2) GMPL’s OSBL instrumentation commissioning services award throws up a 31.1% L1–L2 spread
8The tender ends with only two qualified bidders and a steep price gap that reshapes the risk map. Behind the headline award, the option clause and security structure hint at where execution friction could surface first.

1) LLDPE/HDPE swing licensor tender turns into a two-horse highest NPV fight under EIL
8BPCL and EIL have quietly rewritten this licensor selection into a financial-model contest, not a lowest-fee procurement.
 
2) HDPE licensor tender: Two bidders
8Find out who they are

1) Delayed coker licensor tender turns coke drum references and overhead corrosion monitoring into hard selection gates
8BPCL and EIL are using pre-bid clarifications to separate “proven” DCU licensors from those selling design intent. The sharpest signal sits in the overhead trim cooler metallurgy line, where bidders are being pushed into lifecycle monitoring accountability, not just material selection. A second filter is emerging around coke drum diameter references, hinting that unconventional drum geometry will be treated as a robustness risk in scoring.
 
2) Phenol licensor tender turns pre-bid into a contract-discipline test as definition redlines get waved off
8The owner is signalling a hardline licensor selection where contract wording is not up for pre-bid negotiation. Bidders are pushing on definitions that typically decide who owns commissioning-era risk, but the replies are largely procedural and non-committal. The result is a tender that may reward the bidder most willing to price ambiguity rather than the one best placed to de-risk start-up.

8LDPE is down Rs 3/kg over the past month, even as this week stayed unchanged

8LLDPE was unchanged this week, keeping the domestic market calm

8HDPE slipped Rs 1/kg this fortnight after a softer month view. 

8C9 Solvent is lower than last year and has moved little in recent weeks. The market remains steady near recent lows.

8Butyl Carbitol is steady compared with last week and little changed over the past fortnight

8BAM is higher by Rs 7/kg over the past month but was unchanged this week

8Butyl Cellosolve rose Rs 4/kg earlier this month and has since stabilised

8Butyl Acetate is up Rs 6/kg over the past month and has held steady this week.