News & Bulletin Updates

8Stakeholders in the oil and gas industry believe that India needs to tap every source of energy in order to continue its growth trajectory.

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8India on Monday stoutly defended its import of crude oil from Russia amid the Ukraine conflict with External Affairs Minister S Jaishankar asserting that New Delhi's procurement was just one sixth of the European purchase in last nine months, in comments that came as a G7 price cap on Russian crude at USD 60 a barrel came into effect.

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8These are intense days for oil, with trading at around $81 and at around $86.

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8GAIL (India) has invited bids for the design, supply, construction, erection, testing, and commissioning of 600 MW (6 x 100 MW) of solar power projects at the Khavda Solar Park in the Kutch region of Gujarat.

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Dec 06, 2022: CMD gets extension

8Another extension for this chairman and managing director of a fertilizer company

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Dec 06, 2022: Daily import matrices

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8Chemicals

8LNG
8Crude

8Weekly Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Acrylic acid prices have moved lower in the Mumbai market.

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EPDM grade 2504 prices were assessed higher in the rubber market of Mumbai

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On December 6, 2022, naphtha prices have been registered to drift down in NW Europe owing to sluggish demand trends in the region.

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Butadiene prices have been reported to be steady in South Korea, South East Asia, Rotterdam due to stable demand patterns in the respective countries.

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On December 6, 2022 PVC prices in the international market remain unaffected, with prices remaining unchanged.

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A sharp fall in acetone prices in the imported market of Kandla was recorded today.

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Petrochem sources reported a significant fall in acrylonitrile prices in the Ahmedabad chemical market.

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A cut in butyl acetate prices was noticed in the Delhi market.

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8Essar in partnership with an international player proposes to develop 7.5 MMTPA CTC

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8One of the longest-running relationships in racing history, The Goodyear Tire & Rubber Company and NASCAR announced a new multi-year agreement renewing Goodyear’s position as the exclusive tire for NASCAR’s top three national series

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8Consent capacities of all co-products have also been enhanced

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8The independent contractor received lower orders than envisaged

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8The company has witnessed substantial growth in the scale of operation while maintaining healthy profitability

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8Get the latest rubber prices in Singapore

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8This sustainability-linked loan underscores L&T’s continued commitment to its environmental, social and governance (ESG) goals

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8The new joint venture will use a chemical-recycling technology called dimethyl terephthalate

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8A new 300 KTA propylene oxide plant uses the HPPO production process developed by Evonik and tkIS

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8Aramco is to supply almost 45% of PKN ORLEN’s crude oil requirement under the agreement

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8The facility will repair and service rotating machinery to serve the Asia market utilising a local supply chain

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