News & Bulletin Updates

8Project Name: Patna District City Gas Distribution
8Project Cost: Rs 250 crore
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8Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.

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8The just-introduced tax on windfall energy profits of oil refiners like Reliance Industries is not only levied on the diesel they export but also on the supplies they make to fuel retailers within India, sources said.

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8India's Nayara Energy, part owned by Russian oil major Rosneft MM, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports.

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8India, the world's third biggest oil importing and consuming nation, achieved the target to blend 10 per cent sugarcane-extracted ethanol in petrol ahead of schedule, Prime Minister Narendra Modi said.

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8State-owned Bharat Petroleum Corporation Ltd (BPCL) will invest Rs 1.4 lakh crore in petrochemicals, city gas and clean energy in the next five years as it looks to non-fuel businesses for growth.

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8Paradeep Phosphates Limited had earlier intimated about the acquisition of the fertilizer plants at Goa and associated businesses of Zuari Agro Chemicals Limited (ZACL) on slump sale basis pursuant to the Business Transfer Agreement (BTA) executed by the Company with ZACL on March 01, 2021, which has been consummated with effect from June 01, 2022.

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

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Silver prices registered a rise in the market of Delhi.

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Petrochem sources reported a significant fall in gold prices in the Mumbai market.

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Today, a sharp low in propiconazole prices was announced in the Mumbai market.

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On August 16, 2022 difenoconazole 95% prices fell in the Delhi market today.

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A sharp cut in tricyclazole 95% prices was announced in the Ahmedabad market today.

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Azoxystrobin 98% prices were much lower in the Mumbai market today.

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On August 16, 2022 chlorothalonil prices were down in the Ahmedabad market today.

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A sharp fall in MMA prices in the imported market of Mumbai was recorded today.

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On August 16, 2022, trading sources reported a fall in cyclohexanone prices in the Mumbai chemical market.

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A significant fall in phthalic anhydride prices was recorded in Chennai today.

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An elevated trend is noticed in acrylonitrile prices.

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Phenol prices were quoted lower in the Ahmedabad chemical market today.

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On August 13, 2022, Petrochem sources reported a fall in NBA prices in the Delhi market.

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Octanol prices have witnessed a huge fall in the Delhi market.

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On August 13, 2022, C9 solvent prices pushed higher in the Ahmedabad market.

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Styrene monomer prices witnessed a sharp fall in the Ahmedabad market today.

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22% nickel sulfate prices registered a rise in the market of Ahmedabad.

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