8The technology uses noise data from 3 lakh sets of tires to recognize road surfaces and estimate breaking distance

8The company has officially opened its digital solutions center in southeastern Italy with a focus on advancing digital skills

A major change in Indian Oil Ltd management in the offing
8But is it in the right direction?

8Here is an indigenous hydrogen storage technology that the developer is looking for an industry to tie-up with

Price caps on gas, joint purchasing and benchmarks for LNG are being tried out by the European Union
8It is a bad idea for more than one reason
8As much as it was a bad idea for India as well

Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost: 550 Cr.
8Project Event: The project has elicited environmental clearance. The RFQ for the LSTK contractor is likely to be released in January 2023, for the Sulphuric acid plant.
Ammonia-Urea Energy Saving Project
8Cost: 250 Cr.
8Project Event: The study has been completed, RFQ for the LSTK contractor is likely to be released in at the end of January 2023 now, due to a delay in the internal discussion

Low LNG terminal capacity utilization because of high prices is not peculiar to India.
8All around Asia this is the norm
8High prices are killing demand

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

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.

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

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.

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

Get the daily updates for
8Chemicals
8LNG
8Crude
8Weekly Fertilizers
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

Acrylic acid prices have moved lower in the Mumbai market.

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

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

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

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

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

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

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

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

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

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

8The independent contractor received lower orders than envisaged