News & Bulletin Updates

This website has never been able to figure out why oil company PSUs cannot have regular board members on time
8Large organizations can become rudderless like ONGC is just now when a full-time boss is missing at the top
8Here is another very big oil company headless now

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Get the latest data on clean hydrogen cost that is coming in
8In comparison with "blue" and "grey" hydrogen.
8Also check how these costs move over time
8And how long will it take before costs converge?

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What is the IOCL timeline for completion of the following refinery expansions:
8Panipat
8Gujarat refinery
8Barauni refinery

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In LNG, some governments in the world believe in direct interventions, here is an example.
8In India however, there are state entities that work on the government's bidding
8But bold steps of the kind taken by this government may be the requirement of the day from India

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Small E&P producers have formed an alliance to fight off governmental indifference
8Find out more about what they are doing

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Nov 02, 2022: Jetty job coming up

8Rs 1200 crore jetty job will be coming up ahead

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Ammonia Storage Tank Greenfield Project
8Cost: Rs 100 Cr.
8Project Event: RFQ for the ammonia storage tank with associated facilities has been re-released, and the bid due date has been extended from 21 October 18 November 2022, due to a lack of bidders. In the previous RFQ, Vijay Tank was in the race
Ammonia-Urea Brownfield Project
8Cost: Rs 6000 Cr.
In Barauni, active contracting is still on even as urea production has started.

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Nov 02, 2022: Midstream updates

Get the following midstream updates
8Paradip-Somnathpur-Haldia Greenfield Product Pipeline (IOCL)
8In-line Inspection of Gail Pipelines
8POL Terminal Malkapur Greenfield Project

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8The Government has set up a mission to grow the renewable energy installed capacity from 163 GW to 500 GW. 

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8The Central government has reduced the windfall tax on crude oil to 9,500 a tonne from 11,000, showed an official notification.

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Nov 02, 2022: Daily import matrices

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

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8Fresh NBS subsidy figures have been released

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8After the IPL contract, the urea market has quietened up
8But the DAP market is quite active in India

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Nov 02, 2022: CCEA meeting today

8It is learned that the CCEA is meeting today over a fertilizer-related issue

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Petrochem sources from Delhi have reported a huge rise in formaldehyde prices.

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Petrochem sources have reported a fall in chloroform prices in the Delhi market.

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Butyl cellosolve prices are demonstrating a robust increase in the Kandla chemical market.

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An increase in BAM prices was noted at Hazira today.

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A cut in VAM prices in the imported market of Ahmedabad was noticed on November 2, 2022.

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Petrochem sources from Delhi have reported a rise in glycerine prices.

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Petrochem sources reported a significant fall in isophthalic acid prices in the Mumbai chemical market.

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On November 1, 2022 the price of crude oil in the US Gulf increased to $88.37/barrel as compared to $86.53/barrel registering a rise of $1.84/barrel.

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DTY grade 75D/72F prices firmed up in Mumbai in anticipation of tight regional product avails and improved buying sentiments.

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PVC prices in the international market remain unaffected November 1, 2022 reflecting no price change from its previous close.

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On November 1, 2022 Naphtha prices picked up in Japan on account of positive buying trends in the respective countries.

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