News & Bulletin Updates

8It is a lucrative contract
And everyone has an eye on it

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8Project Name: Cuttack District City Gas Distribution
8Project Cost: Rs 350 crore
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8Oil India is now looking at drilling plans for up to 6500 meters in the North East

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8Project Name: Sonipat District City Gas Distribution
8Project Cost: Rs 250 crore
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8Yes, if you think retail gasoline prices have been somewhat stable this year, you would be correct

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8Oil and Natural Gas Corporation (ONGC) will have a new director to spearhead its new energy, petrochemicals and corporate strategy, as part of a board revamp aimed at breathing fresh life into the state-controlled behemoth
8A new director for strategy and corporate affairs has been created, according to an office order from the company

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8A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export grade, breaks through a $60-a-barrel cap set by Western nations to curb Moscow’s revenue.

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Rs. 6817 crore greenfield hydroelectric project: RFQ ahead
8The EC has been granted
8The pre-bid meeting has been completed for the civil works package (lot-1)
8RFQ for the civil works package (lot 2) is likely to be floated on Q4 2023
Rs. 937 crore greenfield hydroelectric project: RFQ ahead
8The forest clearance stage 2 is pending at the DFO
8TEC has been approved
8EIA / EMP and SIA report have been completed
8RFQ for the civil works package is likely to be floated on September 2023
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Zero Liquid Discharge Green Field Project
8Cost: 50 crore
DAP/NPK Greenfield Project
8Cost: 300 crore
8Project Event: The Feasibility Study has been completed, Internal discussion is still ongoing, RFQ for the LSTK contractor is likely to be released in Q3 2023.

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Jul 17, 2023: Daily import matrices

We are proud to put together an extensive looking-ahead import database for energy products
So what we have for today are import matrices for
8
Chemicals
8LNG

8Crude
8Fertilizers
8Ammonia
8LPG
8All tankers
8All bulk and dry cargoes
8Port updates

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8Another tender is out for rock phosphate

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What is the latest on DAP prices?
8And why did a GSFC counteroffer get no takers?

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Jul 17, 2023: Our fertilizer briefs

8A requirement for MOP is coming up
8This company is looking at stock point dealers. If you are interested, you can apply
8Environment consultant appointed for a nano fertilizer project
8Mega insurance cover for a fertilizer plant coming up for tender
8Yara sells business
8Nutrient cuts output because of strike
8Nano technology picks up in Sri Lanka
8More research is coming out establishing nano fertilizers as one of the most promising engineered materials
8The bio-fertilizer market is growing very rapidly
8Phosphatic fertilizer factory workers exposed to big risks in India, study concludes

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8The Market Development Assistance (MDA) Scheme will increase organic fertilizers production from Gobardhan Plants and will cut 96 lakh tonnes chemical fertiliser import and reap benefits worth Rs 11,000 crore, according to Indian Biogas Association (IBA).

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8In a bid to achieve net zero by 2070, India is increasing renewable energy use across all economic spheres

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8On July 17, 2023, Petrochem sources reported a surge in the prices of C9 solvents in the Mumbai chemical market

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8The Mumbai market has seen an increase in the prices of acetonitrile due to favourable buying conditions and a surge in demand for the material

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8ECH prices are slowly increasing in the Mumbai market

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8Glycerine Ip prices in the Delhi domestic market experienced a considerable drop on July 17, 2023

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8According to chemical sources, the price of benzyl alcohol on the Mumbai market on July 17, 2023, has decreased

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8On July 17, 2023, an increase in acrylamide prices was noted in  Mumbai today

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8Industry sources in the chemical sector have reported a significant increase in PEG 400 costs in the Ahmedabad market

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8The Ahmedabad chemical market has recently experienced a significant fall in PEG 600  prices, as reported by reliable sources in the chemical industry

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8Today, there was a price hike in the Mumbai market for Formic acid due to an ongoing shortage

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8Today Ahmedabad chemical market saw a huge drop in Concentrated nitric acid 98% pricing. in the Ahmedabad domestic market

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