8Kumho Petrochemical Chairman, Park Chan-koo, is in the hot seat over a forthcoming lawsuit from minority shareholders, while the company is also grappling with falling profitability of its petrochemical business

8The Board of Executive Directors of BASF has now decided to also wind down the company’s remaining business activities in Russia and Belarus by the beginning of July 2022. Exempt from this decision is business to support food production, as the war risks triggering a global food crisis

VPPL is engaged in the business of manufacturing of wide range of industrial resins and oils such as alkyd resins, saturated polyester resins, polyester powder resins, etc. which find their application in coating industries for automotive industry, home appliances, industrial machineries, OEM’s and paint industry. VPPL supply their products mainly to paint industry, both in domestic as well as international market.
8Currently the company is circumscribed by moderate growth and profit parameters

The company is engaged in the manufacturing of recycled polyethylene terephthalate (RPET) by recycling of post-consumer PET bottles, jars etc.
8It caters to the packaging needs of pharmaceuticals, distillery, cosmetic and other manufacturing companies
8In order to meet the specific demands of its customers, it manufactures pet bottles in different colors, shapes and sizes, ranging from 50 ml size to 2 liters size

8ONGC has just undertaken what could well be its biggest privatization move ever

8GAIL wants to pick up a stake in an electrolyser company
8Find out how it is going about it

8What is the latest status on the cyber attack on Oil India Ltd.
8At what pace is the company limping back to normal?

Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Linde was the L-1 bidder from among a host of bidders, know who they were for this package
8For another package, the last date has been extended
Coal based Ammonia Greenfield Project
8Cost: 200 Cr.
8Project Event: Invitation for Bid has been released for Contractor on Build on Operate (BOO) basis. The bid due date has been extended from 28 April to 20 May 2022

Super critical power plant: Limestone and gypsum handling plant RFQ ahead
Super critical coal based power plant
8Preparation of tender is in progress for the limestone and gypsum handling plant and its specification is yet to finalize.
8The boiler, turbine, and generator were supplied by BHEL.
Rs 18000 crore Greenfield Off-Stream Closed Loop Pumped Storage: PMC package in July
8This is a massive Rs 18000 crore Greenfield Off-Stream Closed Loop Pumped Storage Project
8RFQ for the PMC package is likely to be floated in July 2022.
Rs 2500 crore hydel project: RFQ for civil works in Q3, 2022
8Preparation of DPR is in progress and it is in the final stage for completion.
8RFQ for the civil works package(lot-1) is likely to be floated in Q3 2022.
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8India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with knowledge of the matter.

8European Union countries will stop importing Russian oil and refined products, the head of the bloc's executive European Commission said on Wednesday in proposing a sixth round of sanctions against Moscow for waging a war on Ukraine.

8Oil prices edged higher at the start of Asian trade on Thursday, extending gains from the previous session, after the European Union proposed new sanctions against Russia that included an embargo on crude oil in six months.

8In a valiant attempt to raise funds, this E&P operator in India has been selling shares in piecemeal basis

8There is now an exact timeline on how long the Chhara LNG terminal will remain an unutilized asset

What is the latest update on the Russian conflict and its impact on gas prices and gas supply
8EU is planning to replace around100 Bcm Russian gas imports in 2022 in order to wean off Russian gas well before 2030
8And there are now 17 FSRUs proposed
8Europe has also been sucking out Asian LNG imports
8There is a lot of interesting data, and it will give you a thorough insight into what is in store
Meanwhile, it looks like India has become extra sensitive about Russia all of a sudden.
Also, see what are the latest discounts on Russian crude

In the face of mounting shortage, India seems to be on over active mode when it comes to producing more coal
8In the process, coal gasification too may get an unexpected heads-up
8And ease of doing busienss is likely to get easier for coal gasification projects

8What is the exact shortfall in CGD demand for CNG in India?
8And how is it sought to be met?

Accident in Zuari plant
8There were fatalities

8This former ONGC boss is now with a private company
Find out more

8As prices have risen, more domestic gas is hitting the markets

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8IMARC Group’s latest research report, titled “Indian Fertilizer Market Future Growth: Industry Trends, Share, Size, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

 The government seems to be saying with confidence that there is enough fertilizers available in the market.
8Without batting an eyelid

Tight supply coupled with high demand has raised formaldehyde prices in the Chennai market.

On May 5, 2022, butyl acetate prices moved down in the imported market of Hazira.