8The MoU aims to boost plastic waste recovery through mechanical and chemical recycling, new plants, and high-quality recycled output

PMIS intern clause sets soft entry bias in ongc TPI empanelment
8ONGC’s new empanelment tender bakes in a preference for its own PMIS-trained interns, tilting the manpower pool toward prior ONGC exposure — without making it mandatory.
Oil’s sadiya drilling tender hits 9th extension — market struggles to mobilise for remote HPHT challenge
8Oil India’s high Integrated Drilling Service tender for the Assam–Arunachal border has now seen nine bid date extensions, the latest pushing closure to 9 September 2025.
8With no scope changes, the prolonged cycle risks sliding drilling into a less favourable operational window.
ONGC pushes whipstock tender closure further — high-spec offshore package keeps PQC intact despite bidder pushback
8ONGC has extended the bid deadline for its 3-year, 80-job whipstock and window milling services package to 19 August 2025, holding firm on strict mobilisation and PQC terms. The extension buys vendors more time to marshal inventory and experienced crews, but with no scope concessions, competition remains limited to top-tier players.
8The delay risks pushing award timelines into a tighter offshore operations window.
ONGC updates tpia list mid-tender for push-pull tug hire — bidders must align immediately
8In a mid-stream tweak, ONGC has refreshed its empaneled inspection agency list for the Rs.200-crore Push-Pull Tug hire, forcing bidders to recalibrate compliance plans.
8Missing the update could cost bidders their qualification.

8Q1 FY26 income rose 90% YoY to Rs 1,356 crore, with PBT up 98%
8Guinea bauxite exports hit a record 2.05 MMT
8While all India business verticals posted strong growth

Tamilnadu Petroproducts’ Q1 FY26 PBT rose 33% QoQ and more than doubled YoY
8EBITDA climbed 25% on stable demand and lower raw material costs
8Revenues were up 2% from the previous quarter

8Fineotex Chemical’s Q1 FY26 profit rose 24% QoQ on 14% revenue growth
8The new Ambernath plant boosts total capacity to 1,20,000 MTPA
8Strong demand in textile, oil & gas, and water treatment drove the growth

8S. A. Panse’s second term as independent director ended on 13 August 2025
8She served the board for five years in her latest term

8India reached E20 blending five years early
8Leaders now target higher blends and advanced biofuels
8The plan links clean mobility with rural growth and energy security

8Perchloroethylene prices in Mumbai  increased due to persistent challenges in global supply chains, increased production expenses and fluctuations in international demand

8August 13, 2025, saw a rise in Mumbai domestic intact anionic surfactant prices

8The price of Styrene-Ethylene-Butylene-Styrene (SEBS) grade 503, produced by LCY Group, has remained unchanged in the Mumbai plastics and rubber raw material market

8The price of Styrene Butadiene Rubber (SBR) PC grade 1502, has witnessed an upward movement in the Mumbai plastics and rubber raw material market

8Ortho xylene imported tanker load prices registered a decline at Kandla port today

8Oleic acid prices witnessed another change in the Mumbai market today, with rates moving lower amid sluggish demand

8The Ahmedabad chemical market has experienced a noticeable uptick in Diethanolamine (DEA) trading sentiment today

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