8State-run explorer ONGC missed its capex target by 11 per centwhile refiners Indian Oil, BPCL and HPCL exceeded their respective targets for 2021-22, as per the oil ministry data. State-oil companies spent a combined 1,04,600 crore, meeting their capex target for the year.

8VEDANTA has invited bids for natural gas from its Barmer field in Rajasthan at a floor price of $7.1 per mmBtu, according to the eauction document.

8India has the most number of proposed coal power plants after China. Also, 2021 saw 13 per cent decline in global coal power plants under development. This was revealed in the latest Boom and Bust report released by Global Energy Monitor on Monday.

8The global capacity of power plants fired by coal, the fossil fuel that emits the most carbon dioxide when burned, rose nearly 1 per cent last year as the world recovered from the COVID-19 pandemic, according to a research report by a US environmental group.

8Oil slumped to about two-week lows on Monday, extending last week's decline, as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases to US interest rates would hurt global economic growth and oil demand.

Ammonia Storage Tank Greenfield Project
8Cost: 88 Cr.
8Project Event: The procurement of long-lead items by Toyo Engineering is ongoing. Construction is likely to be started at the end of May 2022 due to a delay in the purchase. Toyo was the single bidder for the 10000 MT double-wall supply with associated facilities on an EPCC- LSTK basis. The project is likely to be commissioned in Q2 FY 2023-2024.
NPK Pilot Plant Greenfield Project
8Cost:90 Cr.
8Project Event: The Pilot Plan is still in the progress at the Company’s R&D department, Which is likely to be completed in Q2 FY 2022-2023, Based on inputs from the R&D department, the development of a pilot plant shall be taken up. RFQ for the equipment and services is likely to be completed in Q2 FY 2022-2023

8A new FAI DG has reportedly been selected

8In 2020-21, India produced 3.88 million tonnes of organic fertilisers, a dramatic decrease from 338.72 million tonne in 2017-18, a new report said adding that a targeted, ambitious, and well-funded nationwide programme is needed to drive the change towards organic and natural farming.

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On April 26, 2022, the Delhi market witnessed a rise in gold (99.99%) prices.

A rise in mono chloro benzene prices in Ankleshwar was reported on April 26, 2022.

Stearic acid prices moved higher today in the Ahmedabad chemical market.

Petrochem sources reported a revision in isophthalic acid prices at Mumbai today.

Petrochem sources have reported a significant lift in secondary lead prices in the Mumbai market today.

Petrochem sources have reported a huge fall in bright aluminum wire prices in the Ahmedabad market.

Petrochem sources reported a rise in Delhi’s rubber accelerator grade TMTD today.

An elevated trend is noticed in Chloroprene Rubber Y30 prices these days.

Petrochem sources have reported a steady trend in Manganese Sulfate prices in Mumbai.

Petrochem sources have reported a huge fall in silicon metal prices in the Mumbai market.

Paraformaldehyde prices gained in the chemical market of Delhi today.

2-ethyl hexanol prices were assessed higher in the imported market of Ahmedabad.

Liquid chlorine prices in the domestic market of Mumbai were assessed lower today.

Dichloromethane prices registered a rise in the domestic market of Delhi. 

On April 26, 2022, tetrachloroethylene prices moved higher in the Mumbai market.

Delhi Petrochem sources have reported a rise in potassium dihydrogen phosphate prices today.