8What is the latest on the PNGRB chairman's slot?

8The possibility of L&T emerging as a single bidder in some big offshore projects seems to have pushed ONGC to take some pre-emptive action
8Clearly, the new chairman Arun Kumar Singh seems to have been informed or is a party to this decision.
8We have also been told that there is a price bid opening today! Meanwhile, L&T has won a set of additional oil & gas projects

Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project Event: The bid due for the Feasibility study by conducting Impact Assessment and Soil Investigation has been extended from 12 to 19 Dec 2022, Toyo engineering is the single bidder for the 10000 MT double-wall supply with associated facilities on an EPCC- LSTK basis. The project is likely to be commissioned in Q2 FY 2023-2024.
Ammonia-Urea Brownfield Project
8Cost: Rs 6000 Cr.
8Project Event: RFQ for the HURL township has been extended from 15 Dec 2022 to 3 Jan 2023. RFQ for the additional Dryer unit has been cancelled. The production at the complex has been started in Feb 2022 with 60 % of the production capacity is now on. The construction of the railway line is not completed yet. the complex will transport the urea through the Truck

8The first big test of popularity for the Oil India Ltd CMD is just up ahead
Will he be able to live up to expectations?

8There is a lot more cooking in ONGC than is apparent to the naked eye
8There is a whole lot of action ahead for this giant, it seems, not just the appointment of a new boss

8Paradip LPG Import Terminal Expansion Project (IOCL)
8IOCL Mundra - Panipat Greenfield Crude Oil Pipeline (P-25)

8The PNGRB is refusing to play ball with recalcitrant players anymore

8Our latest data that we carry daily on our site on LNG throws up an alarming and starling picture

The existing Standard Bidding Document has been reviewed and updated with best practices adopted across the industry. 8The Bidding Document makes Project Management and Monitoring, Scheduling of Work, Price Evaluation, Payment Advice, Flagging of Issues and Dispute Resolution simpler and easier, thereby enhancing the ease of doing business

8The international exhibition cum conference on the steel industry will be held from the 19th to the 21st of April 2023

8The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world-scale petrochemical facility in Saudi Arabia

8Global butadiene demand is likely to turn the corner in the first half of 2023, with prices seen rising and export opportunities to the US set to emerge despite nagging fears of a recession

8The Cotton Corporation of India along with the textile industry and exporters will get together to ensure that the cotton farmers of India get their due in the world markets

8Blended marketing margin for petrol & diesel reached a 10-month high of Rs2.4/ltr

8Amid the strict import control regime on rubber, Sri Laka’s natural rubber prices are stabilizing

8While the world’s leading tire makers head into 2023 amid continuing global economic and geopolitical turmoil, will the sector in general be able to address the looming challenges from a position of business strength? 

8KFIL is a part of the Pune-based Kirloskar Group and manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, transmission parts, and different types of housings required by automobile, tractor, and diesel engine industries

8MSIL is a Pune-based steel rolling mill. The company manufactures mild steel (MS) channels, angles, I-beams, H-beams, flats, RSJ (rolled steel joists) poles and round and square bars

8B S Shakti Steel Pvt Ltd manufactures stainless-steel wires and bars

8Top Glove has reported a net loss in the first quarter of its 2023 financial year but remains optimistic about longer-term prospects for its markets

Petrochem sources reported a significant fall in toluene prices in the Kandla chemical market.

N- butanol prices registered an increase in the imported market of Mumbai.

Petrochem sources reported a significant fall in IPA prices in the Kandla chemical market.

On December 16, 2022 Petrochem sources reported a cut in silver prices in the Mumbai market.

Rhodium prices were assessed lower in the Mumbai market today.