The CGD segment saw a big boost in the latest auction round.
8But there will be many challenges ahead
8Already, electric vehicles are making an impact on at least one CGD player, and this is going to be the trend going ahead
8As a matter of fact, the CNG section, the largest demand creator, may suffer a breakdown, leaving CGD players to compete in the non-lucrative household gas supply business and the industrial category, where the exclusivity is only up to 50,000 scmd
8Tough times are ahead for CGD players

8ONGC is eventually putting out some of its onland fields for production enhancement by roping in the private sector.
8And it is providing enough leeway to potential bidders

Drone attacks on the UAE have pushed oil prices to record high
8They were last higher than what they are today in 2014
8Yet Indian retail prices are not moving up in tandem, they have remained unchaged
8This is a precedent fraught with danger

8Project Name: Jalore and Sirohi Districts City Gas Distribution
8Project Cost: Rs 300 crore

The world's best research has come up with the following findings:
8Crude prices in 2022 will remain confined in the USD70/bbl and USD90/bbl range (even though Goldman Sachs sees prices at $150/bbl)
8Russia will hold the key to how global LNG prices are going to behave, know why
8Only a few years are left for new LNG capacity to come up, after that it will have to stop, no matter what.
8Series of climate change impact reports in the first half of this year will determine the long term fate of the oil & gas industry
8Methane is the second-largest contributor to warming after carbon dioxide. And this is where the gas industry comes into serious roadblocks from this year onwards
8Green hydrogen takes off all over the world but in India it will take time
8From `Carbon-Neutral’ to `Greenhouse Gas Verified’ LNG cargos in 2022. That will be the new change
8India's energy policies are fraught with uncertainties, and the transition to a gas-based economy has upended by high prices

8Is the off again, on again pipeline project on again?

8"Excellent" is the MOU performance parameter that fertilizer PSUs have been used to but this time around a lot of them ended up performing less than that

Tripura is a landlocked state and evacuating gas from there is always a problem
8But the bottleneck is now over
8And ONGC is in a position to auction gas, with a promise to the offtaker that gas sales will only take place once the connecting network is ready

8The government of Karnataka makes an official announcement on its LNG plans

8This new technology helps in converting dry slude into fertilizer
8Find out more on what indian researchers are up to

8A tender inviting MOP supply has come up

8Get the December 2021 outlook on the Indian economy

8State-owned Oil India Ltd (OIL) has exited from a US shale oil venture, selling its 20 per cent stake to its venture partner for USD 25 million -- the second exit of an Indian firm from the US shale business in two months.

8Crude oil prices on Thursday fell Rs 4 to Rs 5,091 per barrel after participants cut their positions.

On January 19, 2022, trading sources reported a fall in acetic acid prices in the Mumbai chemical market.

High DOP prices were reported in the Kolkata market, today.

On January 19, 2022, acetone prices moved higher in the kolkata market.

NBA prices have decreased at Hazira.

MEK prices have escalated in the Kandla market today.

Prices for octanol are cut at Hazira.

Petrochem sources in Kandla have reported a rise in phenol prices.

Benzene prices have risen at Vizag.

Prices for DEG have dropped in Hazira.

An elevated trend is noticed in aniline prices these days.

Petrochem sources have reported a huge fall in Acrylonitrile prices in the Mumbai chemical market.