DEG prices have been revised at Hazira.

Petrochem sources reported a significant fall in DOP prices in the Mumbai market.

The Russian bank, Sberbank, is one of the largest in the country and has a branch in India
8It has been hit by sanctions imposed by the west over the Ukraine war
8How should Indian companies now go around this hurdle?

8Get the latest monthly review of the chemical and petrochemical segment by the ministry of chemicals and petrochemicals

There is a shortfall of Ethylene Oxide (EO) in the market.
8Reliance Industries Ltd is the only merchant supplier in India.
8It is currently undergoing an expansion of EO capacity by 15,000 MTPA which is expected to be commissioned by May 2022
Find out how the shortage of EO is impacting this particular company

8An Anti-Dumping sample questionnaire for Phthalocyanine pigment has been floated

8Find out how the North East of India is helping prop up the rubber industry in Kerala

8Here is the red herring department for Gujarat Polysol Chemicals Ltd

8Clariant has won a major contract for supply petrochemical catalysts to China’s Lihuayi Group

8Oil & gas service provider, Baker Hughes, has signed a deal with Dussur to form a chemical JV in Saudi Arabia

8There is a draft rubber bill which the government is considering
8Find out what kind of provisions the bill will have

The weaponizing of the Ukraine war by western oil & gas corporates have resulted in the exist of key western multinationals from Russia.
8Which are the oil companies which have exited Russia
8How much oil & gas production did they control
8Who will now control these assets?
8Asian companies now have an increasing share of Russian oil & gas equity, so how much hydrocarbons do they control?
8What kind of opportunities can Indian oil & gas companies have if they want to fill up some of the vacuum?
8Also, what about service companies? What will their withdrawal entail? Will it impact Russia badly?
8The point to note is that companies such as Gazprom, Rosneft and the others are more than capable of maintaining output at traditional Russian oilfields in the heartlands of European Russia and West Siberia
8Here is a full update on this, and it is a must-read for those interested in the global oil & gas sector
Opportunities now abound for Indian oil & gas majors but are they geared up to take advantage?

Usually there are wide differentials between an L-1 and an L-2 or L-3 EPC price for a refinery unit
8But for this particular unit, price bids for which were opened yesterday, the differential was mere Rs 6 crore, with the L-1 price at Rs 1172 crore and the L-2 at Rs 1178 crore
8Very close indeed

8One important EPC bidder was disqualified
8Raising all round eyebrows

 Megha Engineering & Infrastructure was considered a rank outsider when it made a forcible entry into the exclusive downstream EPC club.
8But it is now here to stay for more reasons than one
And it is now bidding right

Anyone working in the waste to energy projects or biomass projects, where new technology can be inducted, can have a lot on his hands.
8There are as many as 50 lakh units spread all over the country in various sizes

8There are offshore support vessel requirements coming up
8Also, gas compression requirement is coming up

8Indian new FSRU based LNG terminals are likely to see little activity, according to this forecast

8There is an MD needed for an oil company
8Get an overview of the Indian refining sector, how will profitability be hit
8There is a director's job vacant in the exploration division in an E&P company
8There is a director HR slot coming up too

8A new director has assumed charge in a public sector fertilizer company

8Shree Pushkar Chemicals & Fertilizers Ltd has completed a capex of Rs 100 crore funded through internal accruals

Jay Chemical Industries Pvt Ltd is one of the leading manufacturers of reactive dyes in India with over 200 varieties and auxiliary chemicals.
8The company has an A+ rating, commendable under every yardstick

Black Diamond Explosives Pvt Ltd into the manufacturing of emulsion and cap sensitivities explosives with installed licensed capacity of 100,000 tonnes per annum for bulk explosive and 15,000 tonnes per annum for Cartridge Explosives at its plant located at Asansol in West Bengal.
8The company refuses to cooperate with its rating agency for reasons not known

ST Woven Bags is engaged in the manufacturing of woven sack bags.
8Low profitability and leveraged capital structure seem to come in the way

8Japan's naphtha-fed steam crackers are to face increased pressure to lower run rates in April with more crackers returning from maintenance, a change from March when many were able to maintain close to full operations to make up for the shortfall in domestic ethylene production during maintenance season, which is in contrast with the widespread run cuts at other Asian steam crackers due to poor downstream margins