What is the latest on ONGC's tender for 1 MMTPA of LNG?
8The last date for submission of bids have been extended
8But what kind of response is expected?
8Meamwhile, the auction date has been changed for another tranche of gas by the company
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8The government has decided to take direct control of this fertilizer company, for now
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There is a startling new research finding that says green hydrogen will be able to compete with fossil fuel based hydrogen within two years.
8In India, prices are still multiple times conventional hydrogen, and if this finding is indeed true, it will revolutionize the industry and have all kinds of serious repercussions
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Gas is an undependable energy source in India because of extremely high volatility.
8And now is the time to move out of gas for end users, this argument claims with some damning data
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8The world has started pushing green hydrogen production now.
8Fertiglobe has signed an agreement to co-develop green hydrogen for ammonia production.
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8The vacancy for the post of Director General in FAI is out
8Applications should be submitted before 30th of January 2022
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Ammonia-Urea Brownfield Project
8Cost: 6000 Cr.
8Project Event: The production of the complex is likely to be started at the end of February 2022 with 60 % of the production capacity, The construction of the railway line is not completed yet. Transport of the urea will be through the truck.
Single Super Phosphate Greenfield Project
8Cost: 10 Cr.
8Project Event: Still, evaluation is ongoing for environmental clearance it is likely to be granted in February 2022. A new committee has been formed for the project, the tender for a contractor is likely to be released in Q1 FY 2022-2023
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8Union Minister of State in the Ministry of Petroleum & Natural Gas Rameswar Teli said that years of research has gone into the technology of blending of ethanol with Petrol and it is a proven technology.
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8Indian ethanol producer Swaraj Green Power and Fuel has begun construction of a sugar- and grain-based fuel ethanol plant at Phaltan in west India's Maharashtra state, which will reach 1.1mn litres/d on completion.
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On January 21, 2022, styrene monomer prices were quoted higher in the Chennai market.
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Phthalic anhydride prices have significantly moved higher today in Kolkata.
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8Mining firm Vedanta Resources Ltd plans to create a $10 billion fund to bid for assets including the Indian government's stake in Bharat Petroleum Corp Ltd (BPCL), its chairman told Reuters on Thursday.
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8OPEC's share of Indian oil imports fell in 2021 to the lowest in more than a decade despite a 4% rebound in annual crude purchases by the world's third biggest oil importer, data obtained from industry sources showed.
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Market sources reported a marginal fall in Isophthalic acid prices in Ahmedabad today.
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Petrochem sources in Mumbai have reported a rise in acrylic acid prices.
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Today, EPDM 3072 prices registered a rise in Ahmedabad.
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8Oil prices have risen to their highest for more than seven years, climbing above levels that triggered a U.S.-led release of strategic petroleum reserves last November.
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Prices of NBR Grade 3445 have increased in the Delhi market.
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A cut in PBR prices has been announced in Delhi today.
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MEG prices moved higher today in the Mumbai chemical market.
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Low butyl acetate prices were reported today at Kandla.
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Cyclohexane prices have moved higher in Mumbai.
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Mumbai records high spandex prices.
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On January 21, 2022 strong buying trends lifted polyester prices higher in Delhi.
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