8According to latest estimates, Asian spot LNG prices are unlikely to fall to an affordable level in India, at least not till 2025
8Get the relevant price projection data here

8Country’s oil major, Indian Oil Corporation Limited has put in place an upskilling program through SAMPARK, a welldeveloped e-learning platform for its channel partners.

8It takes a lot to shake confidence in Reliance Industries Ltd, India’s most valuable company.

8The Centre expects that its move to impose cess on petrol, diesel and aviation turbine fuel (ATF) exports is unlikely to hit fuel exports that touched $67 billion in FY22.

Ammonia-Urea Energy Saving Project
8Cost: 380 Cr.
8Project Event: Process Design Package work is still ongoing and expected to be received by August 2022, RFQ for the LSTK contractor is likely to be released in September 2022.. However, due to financial liquidity issues faced by the Company, the PDP development had not proceeded as envisaged but was resumed through a commencement of the Kick-off Meeting in December-2020.
Nano Urea & Phosphate Rich Organic Manure Greenfield Project
8Cost: 250 Cr.
8Project Event: RFQ for the contractor and other services is likely to be released in August 2022, due to delay in internal discussion. The minister laid the foundation stone of Nano Urea project and Phosphate Rich Organic Manure

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8Chemicals
8LNG
8Crude
8Fertilizers
8LPG
8Ammonia

8Two ROCK PHOS shipment is coming on 08 & 10 July 2022
8One SULPHURIC ACID shipment is coming on 10 July 2022
8One AMMONIA shipment is coming on 10 July 2022

8India will not need to import urea by 2025-end as the domestic production of conventional urea and nano liquid urea is expected to be sufficient to meet the country's annual demand, Union Minister for Chemicals and Fertilisers Mansukh Mandaviya said on Tuesday.

8Get a full update on this outfit here

8The world seems to be now divided into coal based power projects phase out and phase in
8These are serious complications to de-carbonization

8Refund of differential amounts of RECs as per directions of the Supreme Court
8How is the CEA doing this?

8India plans to retire a large number of coal based power plants going ahead
8Find out which ones are they

On July 6, 2022, Petrochem sources confirmed that manganese sulfate prices registered a sharp fall in Mumbai.

Petrochem sources from Delhi reported a significant fall in styrene acrylic emulsion prices.

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

A significant fall in isobutylene prices in the Mumbai market was recorded today.

PBR grade 1220 prices were assessed lower in the Delhi market today.

Petrochem sources reported a significant fall in VAM prices in the Chennai market.

Ortho-xylene prices in the Ahmedabad market were assessed lower today.

Petrochem sources reported a massive fall in styrene monomer prices in the Delhi chemical market.

MP Diol prices were quoted lower in the Kandla chemical market today.

Toluene prices have moved lower in the kolkata market.

An elevated trend is noticed in DOP prices.

Acetone prices are demonstrating a robust increase in the Kolkata chemical market.

Petrochem sources, on July 6, 2022, confirmed a fall in NBA prices in the Chennai market.