8There seems to some confusion over award of tender for onland rigs by Oil India Ltd
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The capex undertaken by upstream companies in 2020 fell to its lowest since 2006 with focus of short cycle quick-payback projects.
8In 2022, while total upstream investment is expected to increase, it remains considerably lower than the pre-pandemic levels
8Find out why spending will continue to stay muted
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8The turnkey vs. consultancy ROIs have always been a problem when it comes to engineering-cum-EPC companies
8The differential is wide, so much so that consultancy jobs are always preferred over turnkey in some companies
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Russian crude oil is reaching destinations in surreptitious ways to avert sanctions
8Just like the Iranians and Venezuelans did
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EIL has landed a good contracts recently
8And the point to note is that these are diverse jobs
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8IFFCO seems to have been able to get the PM to see it from its own point of view
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8Suddenly, there is a lot of activity coming up in Paradeep
8And that will be highly beneficial to the fertilizer units there
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8The government has made it clear that it is not going to to accept high prices for phosphoric acid
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8Get an independent update on the Chhara LNG terminal
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8Two Phos acid shipment is coming on 2 &4 June 2022
8One Urea shipment is coming on 31 May 2022
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On May 30, 2022, the Ahmedabad market witnessed a steep fall in copper plate prices.
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Petrochem sources from Delhi reported a sharp rise in aluminum bar (6061-100mm) prices today.
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Tight supply coupled with high demand has raised manganese sulfate prices in the Delhi market.
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Chromium metal prices have climbed higher in Ahmedabad.
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On 30 May 2022, Petrochem sources reported a rise in polyurethane resin for sole prices.
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An elevated trend is noticed in aniline prices these days.
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Petrochem sources from Chennai have reported a huge rise in SM prices.
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Octanol prices have been revised at Kandla.
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On May 30, 2022, the Kandla market witnessed a rise in butyl cellosolve prices.
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A significant fall in BAM prices was recorded at Hazira today.
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An increase in PTA prices has been noted in Mumbai today.
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On May 30, 2022, Petrochem sources reported a cut in carbon black grade N220 prices in the domestic market of Delhi.
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NPG prices have moved higher today in the Ahmedabad chemical market.
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On May 30, 2022, stearic acid prices picked up in the Delhi market.
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