News & Bulletin Updates

8This private E&P operator is likely to release tenders for a rig and services to begin work post monsoon

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8Every other company has jumped into the hydrogen bandwagon
8Everyone now wants to help build hydrogen plants

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It looks like RIL is setting an upper limit to the price of domestic gas it intends to sell in the market.
8This is rare as producers would usually want to garner as high a price as is possible
The limit set however is not a modest one

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Mar 09, 2022: Fertilizer data

Here are trends in international prices of fertilizers over the last two months
8There is also data on production, import and availability of fertilizers
8Disaggregated data is available here

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Mar 09, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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8Amid concerns about rising energy prices over the Russia-Ukraine situation, the United States has said no decision has been made by the Biden administration about a ban on importing oil from Russia.

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8Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.

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8Adani Ports and Special Economic Zone Ltd (APSEZ) has signed an agreement with Indian Oil Corp Ltd (IOCL) towards augmentation of IOC’s crude oil volumes at the Mundra port.

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8Indian Oil Corporation (IOC), the nation's largest oil firm, will build nine more storage tanks to stock additional 10 million tonnes of crude oil at Adani group-operated Mundra port in Gujarat.

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8Russian oil firm Rosneft-backed Nayara Energy has been put on 'credit watch with negative implications' due to sanctions against Moscow for its invasion of Ukraine, CARE Ratings said Monday. Nayara, which is 49.13 per cent owned by Rosneft, operates a 20 million tonnes-a-year oil refinery at Vadinar in Gujarat and has a growing network of petrol pumps.

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A revision in PET resin prices has been announced by Dhunseri Petrochem Ltd (ASPET).

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New PET resin prices are announced by Reliance Industries Ltd.

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On March 9, 2022, phthalic anhydride prices moved higher in the Kolkata market.

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Petrochem sources in Ahmedabad have reported a rise in ortho-xylene prices.

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On March 9, 2022, the Ahmedabad market witnessed a rise in isophthalic acid prices.

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High NPG prices were recorded in Mumbai today.

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MDI prices were assessed lower in the Delhi market.

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Petrochem sources in Delhi have reported a fall in EPDM grade 960 price.

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Growing demand has pushed DINP prices up in the Ahmedabad chemical market.

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Trichloroethylene prices moved higher today in the Delhi imported market.

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Palm wax prices were assessed higher in the Ahmedabad chemical market.

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Petrochem sources reported a significant fall in palm kernel oil prices in the Mumbai chemical market.

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On March 9, 2022, glyceryl monostearate prices moved higher in the Mumbai market.

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On March 9, 2022, Petrochem sources confirmed that dichloroethane prices had risen in the Kandla market.

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Domestic market sources reported a rise in Mumbai’s dichloromethane prices today. 

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