8Ethylene Glycol Monoethyl Ether Acetate has fallen Rs 8/kg this week, marking the clearest move in the current set. 

8Benzyl Alcohol is lower than last year by Rs 42/kg, keeping the broader tone clearly softer

8Ethanol is higher by Rs 6/kg compared with three months ago, but the most recent sessions have been steady to slightly softer

8Caprolactam has eased Rs 2/kg this fortnight, shifting the market below a prior level it held through early December. 

8Acrylic Acid is up Rs 1/kg over the past month, and the market has kept a firm tone without sharp swings. 

8Ortho-xylene has barely moved over the past fortnight, keeping price signals clean for short-term decisions

8Octanol is lower by Rs 14.25/kg compared with six months ago, but it has stopped moving in recent sessions

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8Project Name: Sundargarh and Jharsuguda District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

8Project Name: Sundargarh and Jharsuguda District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

1) Andamans: OIL wants certainty over risk
8This is because the company  has figured out that the cost of wrong depth can dwarf the consulting fee for more nuanced data when it feeds drilling locations.
 
2) Andaman offshore acid treatment and fracturing bid bakes in same-rate extensions and tight mobilisation gating
8Oil india limited is asking for offshore stimulation capability, but the real story is how the contract is engineered to preserve client optionality without repricing.
8The mobilisation clock and fixed-rate extension logic quietly decide which stimulation spreads can even compete on risk-adjusted terms.
8The GeM wrapper’s governance stack adds another filter—one that could redraw the bidder pool even before the first stage-design discussion begins.
 
3) Latest corrigendum tightens option and invoice levers for offshore well testing 
8Oil India Limited’s offshore well testing package is being reshaped more by contracting levers than by hardware lists.
8A 25% option band and a platform-enabled “excess settlement” mechanism quietly redraw who carries volatility when call-outs stretch or scope swells.
8The real story sits in what the corrigendum changes—and what it still leaves commercially undefined.

1) ONGC moves to monetize preserved Sagar Pragati topside compression and power modules via as-is disposal
8ONGC is putting a rare, near-complete offshore processing block on the table, but the real barrier is not the equipment—it is the buyer’s execution competence.
8The document quietly shifts logistics and loadout complexity onto bidders, setting up a capability filter long before the price fight begins.
8The later tender’s evaluation rules will decide whether this becomes a redeployment windfall or a discount-driven disposal.
 
2) ONGC onshore assets rate contract award signals aggressive pricing for ROU acquisition and statutory clearances amid a sharply split bidder curve.
8ONGC’s onshore rate contract for ROU acquisition and statutory permissions is being priced like a schedule-risk derivative, not a routine survey job.
8The bottom three bids sit in a tight band, while the tail prices in a radically different view of administrative friction and liability.
8The award points to a bidder subset that believes it can industrialise CA-interface execution across states without margin collapse.
 
3) Tender cancelled: ONGC hard chrome plating services for rig equipment
8The tender’s real pressure points sit in how it constrains the vendor pool and hard-shifts transit and custody risk before any item leaves the yard.
8What triggered the cancellation—and whether the promoter will re-issue with softened participation mechanics—stays the unanswered signal.
 
4) Oil India Ltd’s integrated HSE services tender for in-house workover rigs is structured for a 23 December 2025 extension trigger
8Oil India Ltd has wired a one-shot 7-day auto-extension into a GeM two-packet bid for integrated HSE management across its in-house workover rigs.
8The SOW is not a light safety-consultant hire: it is a compliance production line spanning HIRA, industrial hygiene, ergonomics phases, and NABL-coded testing cycles.
8The real story is what these control levers and deliverable density imply about participation risk, vendor pool shape, and how far OIL is willing to operationalise HSE governance.

1) ONGC CCTV LSTK tender for three work centres extended to 24 December 2025
8ONGC’s three-site CCTV LSTK package is not moving on “supply” lines—it is moving on interface-risk and sustainment discipline.
8The bid-date extension to 24 December 2025 (as indicated) comes with a tender structure that already pushes BOM gaps and brownfield modifications onto the contractor.
8What matters now is whether the extension widens participation—or simply gives bidders time to meet a documentation bar designed to reject deviations.
 
2) Bid window reset to 05 January 2026 tightens the offshore LSTK bid race for ADR-I and NLM-14.
8ONGC has extended the bid submission deadline to 05 January 2026, but the tender’s risk geometry remains anchored in functional specs and standardized contract clauses.
8The extra 17 days will decide who can close the verification, vendor, and quantity-reconciliation gaps without padding price.
8The real story sits in what ONGC did not change—and what bidders will now quietly re-price.
 
3) OIL’s microgrid solutions tender at three eastern asset installations extended to 18 December 2025
8Oil India’s three-site microgrid package has now been pushed out by 76 days from the tender’s own original bid-close anchor, after a string of seven extensions.
8Alongside the calendar drift, OIL has quietly rewritten the participation maths—softening licence submission rules and carving out a start-up turnover relaxation.
8The bigger tell sits inside the battery clauses, where lifecycle and test-run expectations have been reset in ways that will reshape which OEM stacks show up on bid day.

8ONGC’s Ahmedabad asset sick-well revival tender has been pushed out by nearly a month, but the commercial spine stays intact.
8The same package has also quietly reshaped its Group II inventory, shifting bidder economics before a single price is opened.
8The real story is whether this is participation management or a risk-control move in a revenue-share revival contract where monitoring expectations are unusually intrusive.

1) BPCL’s Bilaspur OMSW-to-CBG EPCOM tender quietly slips its bid due date to 30-12-2025
8The clarification trail shows bidders pushing for time, data and flexibility, while BPCL repeatedly re-anchors to “tender conditions shall prevail”.
 
2) Insulation shutdown: Bid deadline extension lands after a zero-attendance pre-bid for insulation shutdown works
8The more revealing signal sits in the pre-bid record: no bidders participated, leaving the usual scope-risk clarifications untouched.
 
3) IOCL’s vessel acquisition advisor tender gets a 3-day deadline push
8The scope is unusually heavy on sanctions, litigation, and jurisdiction structuring, turning the advisor into a de-facto risk gatekeeper.

1) BPCL’s Ramayapatnam LLDPE/HDPE swing unit licensor tender keeps slipping
8This is happening in the midst of tightening worst-case specs and an NPV-first selection model
 
2) BPCL’’s Ramayapatnam IHP licensor bid tightens guarantees, NPV logic and flare/off-spec operability in technical amendment
8The new amendment hardens what must be guaranteed, how lifecycle value is normalised, and what abnormal-operation capability bidders must quantify. The interesting part is where the document turns soft operability language into measurable disclosures, reshaping who can bid credibly without overcommitting.

8It is being tender-shaped as a composite mechanical-plus-E&I execution sprint The pre-tender meeting becomes the real first gate, where schedule stress and capability screening start shaping who can even price this job seriously

8The real contest may be less about pricing and more about who can document capability and control the acceptance-led cashflow cliff.

1) Six-step bid due date drift sharpens bidder risk calculus on NRL’s PPU pneumatic conveying package
8The real story sits at the intersection of interface readiness, performance accountability, and how few vendors can live with both.
 
2) Three extensions push NRL’s PPU special purpose process compressor bid by 34 days
8The extension ladder is short on stated reasons but heavy on signals about participation risk under a limited, compliance-tight bid regime. The real story is what this does to bidder appetite and to the long-lead rotating equipment critical path
 
3) EIL stretches RG condenser bid timeline by 30 days across three extensions for NRL’s PPU project
8The bigger story is what the promoter may be trying to prevent: thin competition on a reliability-critical exchanger.
 
4) Two bidders admitted at technical opening for extruder and pelletizer package
8The evaluation now underway. The real leverage signal is not the bidder list but the bid-governance architecture that makes deviation placement itself a potential disqualifier.

1) IOCL tightens CDW start-up control by bundling DMDS supply with unloading hardware, safety plan, and site-verified billing: Bidders are in the race
8IOCL’s DMDS buy for the CDW unit is structured less like a chemical purchase and more like a commissioning-critical operation.
 
2) Coal gasification: 9 bidders to 5 on compliance-first technical scrutiny
8A coal gasification-to-SNG EC study tender looks routine on paper until the scope forces the consultant to own tor, public hearing choreography, and eac-facing packaging end to end. With technical clarifications capped at two days, the evaluation behaves like a zero-defect document audit rather than a collaborative curing process.

1) NRP projects takes L1 as MRPL’s FO & IRT offsite pipelines and inlet receiving tank E&I package
8The award lands with a tight L1–L2 gap but an unusually steep drop-off after L3. The document bundle quietly signals that this is an integration-and-proof job, not just installation
 
2) Petromar’s undercuts by 378.7% in regeneration loop coalescer package award for NRL
8The final numbers hint at either an aggressive market-entry play or a deeper divergence in how bidders priced engineering definition and inspection burden.
 
3) BPCL’s Kochi refinery turnaround engineer-hiring arc awarded
8A refinery turnaround support ARC has been decided by a pricing cliff: the runner-up is almost 50% above the winner, and the rest of the pack is multiples higher.
 
4) HPCL’s VRCFP substation O&M award shows razor-thin L1–L4 separation after a disqualification-heavy technical gate
8The price stack then clustered within a few tenths of a percent, signalling a reverse-auction-driven margin squeeze.

8PNGRB invites public views and comments on draft consumer protection regulations, 2025 [PNGRB]
8PNGRB’s unified tariff revision delivers ‘one nation, one grid, one tariff’ for CNG and domestic PNG consumers nationwide [PNGRB]
8Revision of unified tariff and zonal apportionment for national gas grid pipelines effective from 1 January 2026 [PNGRB]
8Determination of unified tariff and zonal apportionment for national gas grid pipelines under PNGRB tariff regulations [PNGRB]
8Resignation of independent director of the company [IRM]
8Deployment status of vessel “SEAMEC III” [Seamec]
8Resignation of independent director [Swan]
8Designated pipelines are being bypassed quietly

8Supply of palladium chloride and platinum chloride catalyst for GNFC Bharuch Plant [GNFC]
8Procurement of denatured ethyl alcohol or special denatured spirit for ethyl acetate plant at GNFC Bharuch [GNFC]
8Agromet advisory bulletin for Palakkad district [IMD]
8Bayer CropScience receives GST penalty order of Rs.1.55 million from Amaravathi CGST authority for FY 2018–19 [Bayer]
8Proposal for appointment of independent director [KCFL]
8Company to appeal Telangana High Court’s interim order on provisional attachment of bank accounts in Tecnimont arbitration matter [NFCL]

8Forced use of biostimulant and nano urea by farmers [Rajya Sabha]
8Internal review of nano urea production, distribution and adoption efficiency [Rajya Sabha]
8Balanced use of fertilizers [Rajya Sabha]
8Development of green chemicals and bio-based fertilizers [Rajya Sabha]
8Fertilizers to farmers at subsidized rates [Rajya Sabha]
8DAP requirement for current agricultural season [Rajya Sabha]