News & Bulletin Updates

8A tender has been floated to procure approximately 6,380 MT of Caustic Soda Lye (48%)
8The material is required for production requirements during the period from 01-08-2022 to 31-07-2023
8Furthermore the bidder must be a manufacturer of caustic soda lye for a minimum period of two years

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8OPEC in June did not deliver on an oil output increase pledged under a deal with allies as involuntary declines in Libya and Nigeria offset supply increases by Saudi Arabia and other large producers

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8India has big plans to de-carbonize the steel industry
8But will that be done?

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8Find out what is the extent of the fall

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8The demand is for the steel industry to provide time-bound cuts in emissions

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8A meeting is coming up

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ISMT Ltd. manufactures seamless tubes, alloy and carbon steel rounds and billets.
8It is among the largest specialised seamless tube manufacturers in India
8Find out more on how the company is doing

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Duties on oil products will impact refining companies quite a bit
8Here is an update

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IOCL is constructing the  Paradip-Haldia-Durgapur LPG Pipeline
8Know more about the contracting process here
8There has been a sharp cost escalation too

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BPCL is setting up a Rs 2000 crore Krishnapatnam–Hyderabad Greenfield POL Pipeline
8Get to know more about the project
8Also, what kind of contracting has taken place and what is ahead

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City gas distribution companies are also entering the LNG business
8Find out how

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8Project Name: Patna District City Gas Distribution
8Project Cost: Rs 250 crore
Call up our sales team to get access

 

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8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore
Get in touch with us to gain access to this database



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Technical Ammonium Nitrate Greenfield Project (New Project)
8Cost: 1170 Cr.
8Project EventThe company has formulatd the proposal. RFQ for the LSTK contractor is likely to be released in September 2022
Ammonia-Urea Annual Maintenance Project
8Cost: 25 Cr.
8Project Event: RFQ for the registered maintenance contractor is likely to be released in August 2022

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8The rise in fertilizer prices is hurting Indian farmers

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Jul 04, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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Jul 04, 2022: Shipments Update

8Two AMMONIA shipment is coming on 10 & 13 July 2022
8One UREA shipment is coming on 5 July 2022

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8IFFCO has received the patents on its revolutionary IFFCO Nano Urea and IFFCO Nano DAP for 20 years from the Patent Office of the Government of India, read a press release issued by media head Harshendra Verdhan of IFFCO.

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8The government has imposed export restrictions on petrol and diesel by directing exporters to supply a specified quantity in the domestic market, a move aimed at ensuring adequate availability within the country.

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8India's petrol and diesel sales soared in June on the back of the start of cropping season, summer travels and overall pick up in economic activity, preliminary industry data showed.

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8GoI has passed on a major chunk of recent tax giveaways on retail fuel sales to producers and refined exports of crude oil.

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8Oil prices fell in early Asian trade on Monday, paring gains from the previous session as fears of global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia.

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8Following buying out Oman Oil Company’s shares in the Bina refinery project for about Rs 2,400 crore last year, state-owned Bharat Petroleum Corporation (BPCL) has amalgamated, effective July 1, its wholly-owned subsidiary Bharat Oman Refineries (BORL), with itself.

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8The National Accreditation Board for Testing and Calibration Laboratories (NABL) and BPCL came together for the first time to create an innovative training session on "Conformity evaluation of Petroleum Products." Mr. N. Venkateswaran, CEO-NABL, officially launched the first batch of this testing and technical training, which took place from June 27 through June 30 at Sewree, Mumbai.

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8The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel, as it deregulated one of the last few avenues that were still under its control.

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