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Oil India Ltd has been in more controversies than ever before.
8Is there something dramatically amiss with the top brass, headed by Sushil Chandra Misra, of Oil India Ltd?

Oil India Ltd's purchase of five 2000 HP drilling rigs has been decided
8But it wasn't without some drama

8This defaulting pipeline operator has been given one last chance

8Essar Bulk Terminal Limited (EBTL) is an-all weather, deep-draft terminal which is located on the mouth of Tapi estuary along the western side of Hazira peninsula in Gulf of Khambhat, under Magdalla Port of Gujarat Maritime Board (GMB)
8Why were the ratings were withdrawn?

LNG imports are down dramatically
8And so is total gas availability in the country

Usually, when a pipeline is laid, capacity utilization levels remain low.
8And that is one reason why pipeline operators are not keen to lay fresh lines in an almost virgin hinterland.
8But the Urja Ganga pipeline will notch up a high utilization level from the very beginning

LPG carrier rates have seen a sudden spurt.
8What has caused this upswing?
8Also, the recycling ship industry is in doldrums
8LNG rates have climbed higher too

The Vadinar SPM complex is a peculiar case.
8The cart went before the horse
8And clearly,  the project is delayed

Know more about of the Kochi - Salem Greenfield LPG Pipeline Project (KSPL)
8Land acquisition is an issue

8Mundra - Panipat Greenfield Crude Oil Pipeline (IOC)
8Some more contracts have been awarded

8This defaulting pipeline operator has been given one last chance

8What is the real discount at which Russian oil is selling in the market?

Concentrated Nitric Acid Greenfield Project
8Cost: 50 Cr.
8Project Event: A consultant is appointed for the preparation of a Detailed Feasibility Report (DFR). The report preparation is still ongoing. RFQ for the LSTK contractor is likely to be released at the end of July 2022, Due to a delay in the DFR preparation.
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Cost:48 Cr.
8Project Event: The proposal for the term of references has been granted, the final EIA report preparation is still ongoing. Proposal for environmental clearance is likely to be submitted in Q2 FY 2022-2023. RFQ for the LSTK contractor is likely to be released in Q2 FY 2022-2023

A fall in ethylene glycol monobutyl ether prices in the domestic market of Ahmedabad was noticed on June 1, 2022.

On June 1, 2022, Delhi witnessed a rise in dimethyl sulfoxide prices.

A fall in diethanolamine prices at Nhava Sheva was recorded on June 1, 2022.

EPDM grade 6405 prices have escalated in the Mumbai market, today. 

Petrochem sources reported a significant fall inadipic acid prices in the Ahmedabad market.

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

Petrochem sources in Delhi have reported a rise in isophthalic acid prices.

Chrome oxide prices registered a hike in the Mumbai market.

Aluminum plate (1060-1.2* 1250*2500mm) price in the Mumbai market was announced today.

Copper plate prices have moved much higher in the metal market of Ahmedabad.