News & Bulletin Updates

8Cairn India has revised the bidding schedule for gas

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8How far behind is the Vizag refinery modernization project in terms of timeline and cost?

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Is India working out a Rupee purchase plan for Russian crude and gas?
8Find out what the government has to say

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On hindsight, and it always that way, Petronet did get a very good deal in Tellurian LNG project
8The then PLL brass defied US president Donald Trump in Delhi to oppose the project and the Indian political leadership had to fall in line with what PLL had to say then
8But on current arithmetic, it was one of the best deals the company could have ever had

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Get one of the best updates ever on the Indian gas industry here
8From gas pipelines to domestic production to LNG imports, everything is covered in details
8The latest data is available, as also information on pipeline capacity utilization, contracts, CGD demand and networks
8There is talk of alternate dispute resolution platforms, reorienting the powers of the PNGRB and faster clearances

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This public sector oil company has a new CVO
8And this E&P company is looking for a managing director

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8What is the latest on the Indian front when it comes to import of decontrolled fertilizers?

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8One of the world's largest fertilizer companies has been slowly but surely turning environment friendly
Find out how it going about the task of doing so

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8Legal Metrology (Packaged Commodities) Rules, 2011 have been amended

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Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: 200 Crore
8Project Event: The proposal for the term of reference has been granted, and the final EIA report preparation is still ongoing, the proposal for the environmental clearance is likely to be submitted in Q1 FY 2022-2023. RFQ for the local contractor is likely to be released in Q1 FY 2022-2023.
Nano Urea Greenfield Project
8Cost:  190 Crore
8Project Event: The proposal for the term of reference has been granted. The find EIA studies are still ongoing, RFQ for the equipment and services is likely to be released in Q1 FY 2022-2023

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8The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia and Ukraine and the expansion of COVID-related lockdowns in China, the world's largest crude importer.

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The largest spot tender for gas concluded this week
8And the prices availed were a surprise

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There are some strange goings-on in the PNRB of late
8For one,a petitioner has withdrawn a few crucial applications, raising eyebrows
8Then again a key functionary is still to be appointed thereby causing a lot of speculation

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India’s new climate goals will significantly compromise its target of a USD 5 trillion economy by 2024-25
8India will need to invest $200 billion p.a. of funding over the next two decades in order to become net-zero by 2070
8Mandatory disclosures are now lilely
8Get a comprehensive look at where India is and where it need to go from here on

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There has always been talk of ONGC making losses on current gas prices which are government mandated
8But what exactly is the cost of gas produced by ONGC?
8And the cost of oil?

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What is the per mmbtu cost of imported gas from 2106 till now?
8Has the price gone up dramatically now than before?
The answers are quite interesting

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Some retired bureaucrats never fall out of favour
8Here is one who has got appointed as member PESB, even though he quit mid-way through a tenure
8He still has powerful connections, and clearly he will there for a purpose

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Mar 29, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Weekly Fertilizers
8LPG
8Ammonia

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Tight supply coupled with high demand has raised VAM prices in the Kolkata market. 

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C9 Solvent prices witnessed a huge fall in the Mumbai market.

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On March 29, 2022, styrene monomer prices increased in the Ahmedabad market.

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On March 29, 2022, the Mumbai market witnessed a rise in VAM prices.

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NBA prices registered a fall in the imported market of Kandla. 

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Petrochem sources have reported a huge fall in C9 Solvent prices in the Ahmedabad market.

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Ethyl acetate prices were assessed lower in the Ahmedabad market. 

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