8PSU major Indian Oil Corp (IOC) is planning three new plants in the Northeast to increase its LPG bottling capacity by nearly 53 per cent to eight crore cylinders annually by 2030 to meet the growing demand in the region.

8Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the US, but growing ties with Moscow are forcing them to strike a balance.

8New director takes over at IOC

Dabhol LNG terminal is owned by Konkan LNG Ltd, in which GAIL has 91% stake.
8A different story is now emerging on when it can become a round-the-clock facility

There are a few active gas sale and gas purchase opportunities in India
8There are two in which the last dates for bidding have been notified
8Then there is a tender for LNG purchase also

8Last month, LNG offtake was down but the gap was made up with a rise in domestic output

8Rashtriya Chemicals & Fertilizer Ltd had released a NIT for the supply of Muriate of Potash
8The closing date for the tender is 8th of March 2022

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8A bankruptcy court order approving Haldia Petrochemicals' proposal to acquire Coastal Oil & Gas Infrastructure Pvt Ltd at just Rs 1 crore above the liquidation value has again brought to the fore the concerns raised by a Mumbai tribunal, which had questioned the confidentiality of valuation reports in the Videocon resolution case. Purnendu Chatterjee-promoted Haldia Petrochemicals’ proposal is also just 3% of the admitted claims of Coastal Oil.

8Asian refiners that regularly purchase Black Sea crude oil said shipments of Russian Urals and Kazakhstan's CPC Blend for delivery in March and April have not been affected by Russia's military operation in Ukraine, but the companies said they would reassess logistical risks in the Black Sea route.

8The government is taking note of the current oil situation in the country after Russia launched military operations in Ukraine sending crude oil prices above $100 a barrel after eight years.

8ICE Brent crude futures crossed a seven-year high to trade above $105/b in London trading on Feb. 24, after Ukrainian officials said Russia had launched an invasion, triggering fears of supply security across Europe.

8With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage.

8Get today's cotton prices here

Prices of rPP injection molding (polythene scrap) have come down in Mumbai.

Poor demand has pushed benzyl alcohol prices down in the Delhi chemical market.

Perchloroethylene prices moved lower today in the Ahmedabad domestic market today.

A cut in dioctyl adipate prices was recorded in the domestic market of Mumbai.

A rise in aluminum plate prices was noted in the Mumbai metal market today.

Petrochem sources reported a sharp increase in aluminum alloy ingot prices in the Ahmedabad metal market.

Oxygen-free copper rod prices have moved higher today in Mumbai.

On February 28, 2022, Petrochem sources reported a fall in regular Carbon Black grade N550 prices in the Delhi market.

On February 28, 2022, Petrochem sources reported that the INCO nickel plate prices remained steady in the Delhi market.

On February 28, 2022, polystyrene sheet prices moved higher in the Ahmedabad market.

Petrochem sources reported a huge fall in manganese oxide prices in the Mumbai metal market.