8Today, the Hyderabad market saw LLDPE (F19010) prices go up

8Caustic soda flakes prices in the Mumbai market are subtly sliding downward, offering a minor but noticeable relief to industries reliant on this chemical

8The liquid chlorine market in Ahmedabad has today witnessed a price cut

8The price ofHydrogen peroxidein the Mumbai market experienced an upward movement today, attributed to slight fluctuations in supply and demand

8Liquid alkali prices in the Delhi market were quoted higher today

8The price of Dibutyl Phthalate (DBP) has increased today in the Kolkata market

8Indian Petrochem analysts have reported a price drop for Mixed Xylene (MX) in the Mumbai market

8Methyl Isobutyl Ketone (MIBK) prices in the Mumbai market have seen an upward movement today

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8The Mumbai market witnessed a sharp decline in Superabsorbent Polymer (SAP) prices today, reflecting an ongoing supply glut and weak demand from key downstream sectors

8Formic acid prices in the Mumbai market were down today

8Here's what's happening today in the E&P, midstream-downstream, and CGD section

8Project Name: Hoshiarpur and Gurdaspur District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Project Name: Jalore and Sirohi District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8The abrupt shelving of this chemical unit bid highlights reluctance among licensors and EPCs to commit amid unclear feed-gas specs and performance guarantees.
8Also, with the chemical plant and attendant supply of catalyst eliciting no compliant offers raises questions on market readiness for advanced acid-gas recovery technology.
8Unresolved questions on acid-gas contaminants and sour-water composition prompted licensors to sit this one out
8There are those who argue that new wastewater discharge limits and updated EPA guidelines may have forced the cancellation as well.

8After two deadline extensions, the EPMC invitation for the 386 km LPG network was abruptly cancelled, hinting at a reassessment of engineering requirements and future expansion plans.
8Repeated clarifications on pigging stations, valve layouts and control?room integration may have delayed submissions, culminating in a full cancellation.
8With a complex split into three parts—including PMC services and manpower—the market appeared unable to meet the owner’s stringent package requirements.
8For, after detailing 26 sectionalizing valves and four pigging stations, the bid was pulled—suggesting unresolved technical or commercial challenges.

Annual overhaul: Mega pipeline maintenance tender ahead
 8There is a need for upkeep of nearly 560 km of strategic crude corridors
 8From pilferage mitigation to real-time rectification, the contractor must ensure 24x7 preparedness across ROW and SV stations.
 8Coating surveys and detailed repairs across the full 557 km stretch expected to reduce future downtimes.
 R&D paying off: Refiner opens licensing door for corrosion-fighting nano additive
 8The multi-metal nano-dispersion technology is up for grabs—firms with global distribution muscle and technical expertise are invited to commercialize the magnesium-based innovation. It fights fire-side corrosion in industrial boilers—targeting refineries, power plants, and global OEM
 Pump spec overhaul delays bid timeline
 8Pre-bid amendments swap wear-ring materials, clarify NPSHa zero suction, and mandate accelerometer taps, this driving successive deadlines to accommodate design finalization.
 8Tender covers supply, testing and installation of high-pressure centrifugal pumps and flame-proof motors, plus Smart HART seal-plan integration for ethane/propane handling at Dahej complex
 ABB joins motor vendor roster for pumps tender
 8Pre-bid amendment expands approved OEMs to include ABB MV drives—widening competitive options and expected to drive down flame-proof motor pricing.
 Electrolyzer package for green hydrogen seems fresh submission window
 8The fresh two-week window lets EPC teams refine commissioning schedules, validate SIL-2 PLC redundancy schemes and stress-test O&M cost curves
 8All of this is crucial for a watertight techno-commercial bid for this green-hydrogen electrolyser package.
 8Each OEM can partner with only one bidder however
 Technology licensor: Technical amendment tightens design criteria
 8New provisions are added on digital-twin integration. Licensors must now detail process-simulation deliverables and cryogenic handling experience.
 8Key feed-quality thresholds and safety-logic queries now clarified
 8The amendment also introduces new sections on SIS architecture and high-alloy piping.

A black swan event is around the corner for offshore E&P vessel industry in India
8The majority of the business came from ONGC

8How is that going to happen?

RIL has by far been both a pioneer and a leader in ethane imports
8But quietly and irrevocably, another parallel network, compelte with ships, is being built that will be bigger than the one built by RIL

Firms qualifying now could lock in eligibility for up to seven years, opening a multi-season runway for future Indian hydrocarbon exploration bids
8In a notable shift, EMD/Bid Bond for empanelment is waived
8Vendors need not submit operational plans as of now, and personnel bio-data bit can be skipped too More importantly, empanelment remains perpetually open, allowing seismic survey players to update documents and join anytime, making India’s exploration landscape more fluid.
8Vendors can skip paper work through must align technical capacities behind their signed promises.
8This is going to be good business for intrepid entrepreneurs, but remembe though though, only bidders with 250 LKM of 2D or 50 SKM of 3D seismic data acquired using explosives in the last 7 years qualify. So a tie-up will do the job. Foreign parent credentials are allowed but only if they hold 100% equity in the bidding Indian entity

8OIL’s amendment allowing 2×10,000 SCMD compressors instead of a single 20,000 SCMD unit suggests technical recalibration and responsiveness to field realities.

FOR INDIA’S OILFIELDS, IT’S SHAPE UP OR SHIP OUT—OFFSHORE MARINE VESSELS MUST PROVE THEY BELONG
India’s DGS draft sets the tone for a post-2028 offshore regime where emissions, inspection records, and engine data decide whether E&P vessels can even stay in the game.
8Rigs Must Go Green: MODUs Now Need Carbon Index Score to Stay Afloat
Even rigs certified under MODU or SPS Code—previously exempt—must now pass the DGS’s Sustainability Indexing Score by March 2028. No scorecard, no Indian flag.
8DP2 or Not, Age Alone Won’t Save Offshore Workboats After 2028
India’s draft norms give DP2 vessels a path to operate till 30—but only if they pass annual OVID audits and achieve a sustainability score of 80+. The bar is higher than it looks.
8E&P Marine Units Face Hard Cap: No AHT, Tug, or Barge Allowed Past 25 Without Green Score
Anchor-handling tugs, tow vessels, and dumb barges used in oilfield development must now meet strict age limits—or prove their efficiency through carbon and safety audits.
8Pipe-Lay and Seismic Vessels Now Need Annual Audits to Remain Licensed
Even specialized offshore units must now undergo yearly inspections and meet DGS-approved green vetting standards. Compliance failure means GTL withdrawal.
8Indian EEZ Tightens Access: Foreign-Flagged OSVs for E&P Face Age and Audit Barriers
Foreign OSVs used in Indian exploration blocks must meet the same sustainability and age cut-offs as Indian vessels. No more backdoor chartering of old tonnage.
8March 2028 Is Final Cutoff for Legacy E&P Vessels Without SIS Scores
Older E&P support vessels will be de-flagged unless they cross minimum green thresholds under DGS’s new 125-point index. Operators must retrofit or retire.
8Annual Carbon Scoring Comes to the Oil Patch: E&P Fleet Must Quantify Emissions
Main engine CO? output, auxiliary fuel burn, shore power readiness, and methane slip are now license factors. Offshore operators must show measurable green performance.
8Sustainability Index Will Split Winners from Losers in India’s E&P Marine Market
Only vessels scoring 90+ on DGS’s carbon, audit, and safety matrix will get 5-year operating extensions. Others must exit or reflag—reshaping India’s offshore logistics landscape.
8Green Capex Now Inevitable: Offshore Fleet Owners Must Retrofit for Carbon and Vetting Compliance
VFDs, silicone coatings, SCR systems, and class-audited vetting scores are no longer optional for offshore fleet operators. The sustainability index makes them core to licensing.
8For India’s Oilfields, It’s Shape Up or Ship Out—Offshore Marine Vessels Must Prove They Belong
India’s DGS draft sets the tone for a post-2028 offshore regime where emissions, inspection records, and engine data decide whether E&P vessels can even stay in the game.                   

8And if it goes south, it can sink the company

CGD firms may no longer get three chances as PNGRB considers scrapping the “three strikes” leniency clause in favor of instant penalties—raising industry alarm over disproportionate consequences for minor deviations
8However entities will no longer need PNGRB TPIA approvals during design, pre-construction, or pre-commissioning. But they must self-audit and document rigorously—or face regulatory heat later
8Operators worry the current draft amendment omits reference to Section 28 of the PNGRB Act—raising fears of being slapped with double penalties for a single violation
8A single technical deviation could now incur penalties under each applicable regulation—multiplying exposure for integrated projects and increasing risk for CGD networks