News & Bulletin Updates

The monetization of pipeline networks of IOCL an GAIL are moving ahead
8And the pace may pick up going ahead

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The government seems to be moving towards setting up an independent Gas Transport System Operator
8This was a long felt need of the gas industry

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SK Barua has retired from Numaligarh Refinery Ltd
8Someone else has taken over

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The fertilizer subsidy has been trimmed by a massive Rs 35,000 crore
8From Rs 79,529 crore in 2020-21, it went up to Rs 140122 crore in 2021-22, and for the next year it is trimmed to Rs 105222 crore
8This is a trimming of Rs 35,000 crore, though higher than what was allocated in 2020-21 by Rs 25,000 crore
8What are the assumptions on which these allocations have been trimmed?

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There is a budgetary allocation of Rs 645 crore to two public sector enterprises
8Which are these companies?

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8A deal was struck for supply of 739200 MMBTU of gas
Find out between whom and at what price.

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Feb 01, 2022: Daily import prices

8One MOP Shipment will reach on 3rd February 2022
8One Ammonia Shipment will reach on 3rd February 2022
8One Rock Phosphate Shipment will we available on 14th February 2022

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8The consolidated net profit of the company has declined by 8 percent for the December 2021 quarter

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8State gas utility GAIL (India) Ltd on Monday said it has commenced India's first-of-its-kind project of mixing hydrogen into the natural gas system in Indore, Madhya Pradesh.

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8Reliance Industries has internally projected to save about $300 million (Rs 2,250 crore) in interest cost in the next financial year, after the oil-to-retail conglomerate raised $8.1 billion from global and local investors in the past four months to primarily refinance high-cost debt, people familiar with the matter told ET.

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8Adani Total Gas Ltd (ATGL), the joint venture between Adani Group and TotalEnergies of France, on Monday said it will invest Rs 20,000 crore in setting up city gas infrastructure across the country over the next 8 years, with 60 per cent of the money going into the 14 licences it won recently.

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8Oil rose 1 per cent on Monday, hovering near 7-year highs hit in the previous session, amid concerns over tight supply as well as geopolitical tensions in Eastern Europe and the Middle East.

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8The Economic Survey 2021-22 has said that there is a need to explore options and promote use of alternative fertilisers such as nano urea along with organic fertilisers that protect the soil and are more productive and contribute to higher nutrient use efficiency.

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Phthalic anhydride prices moved higher today in the Kolkata chemical market.

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Prices for CIIR grade 139 have fallen in Mumbai.

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Rubber accelerators grade-4020 have registered a rise in Delhi today.

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On February 1, 2022, trading sources reported a fall in hard foam polyether prices in the Delhi chemical market.

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Petrochem sources have reported a huge fall in styrene-acrylic latex prices in the Ahmedabad chemical market.

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On February 1, 2022 Indian Petrochem sources reported a significant rise in toluene prices.

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A huge fall in ECH prices was recorded in Mumbai today.

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A sharp fall in Chlorpyrifos 97% latex prices was noted in the ahmedabad  chemical market.

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On February 1,2022  an increase in mancozeb 75% prices was registered in the Delhi chemical market.

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

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Strong regional demand has raised tetrachloroethylene prices in Mumbai today.

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Steady buying has lifted dichloroethane prices in the imported market of Mumbai. 

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