News & Bulletin Updates

8We are carrying here a weekly benzyl alcohol market report
8Find out what kind of prices are projected going ahead

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8The website carries here a weekly outlook on dichloroethane prices
8Find out what our analysts are saying about how prices will behave till next week

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What action is the government taking on ONGC's demand for a uniform gas price of $4.2/mmbtu?
8This is the price at which ONGC said it would start capital activity on all its pending gas projects

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8There is movement on the Daman Upside project in ONGC's Western Offshore area

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Delhi recorded a rise in natural latex HML prices today.

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Prices for BOPA printing film grade40μ were quoted lower in Ahmedabad today.

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There are two gas sale auctions taking place
8But for at least one of them, buyers may feel constrained in putting in their bids

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8ONGC has planned out a 400 well development drilling programme in Gujarat
8Read for an idea of the scope of this programme

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8ONGC has worked out a 56 well development drilling programme in Assam

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Jan 05, 2022: Onland rig needed

An onland rig is needed for a two well plan
8But not in India

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8If you want to keep a check on how the new variant is working its way through the Indian economy, do not need to go further
8Find out some interesting insights

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Matix has been hiring people from the public sector
8Manoj Misra, former CMD of NFL, was the first to join as MD
8Here is another big entry

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Ammonium Nitrate Melt Greenfield Project
8It is a smallish project, L&T is the sole bidder
8The financial bid will be opened by end January
GSSP/GBSSP/GZSSP/GPG/BSP/BSG Expansion Project
8Environment clearance proposal is in the process of being submitted but RFQ for EPC contractor will come in February

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Jan 05, 2022: Daily import prices

8Two Rock Phosphate Shipments are coming up on 6th January and 7th January 2022
8One Phosphoric Acid Shipment is reaching on 7th January 2022
8One Ammonia Shipment is coming up on 7th January 2022

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8State-owned gas utility GAIL (India) Ltd on Tuesday said it has completed the acquisition of bankrupt Infrastructure Leasing and Financial Services' (IL&FS) 26 per cent stake in ONGC Tripura Power Company (OTPC). OTPC is a special purpose vehicle set up by Oil and Natural Gas Corporation (ONGC) to build a 726.6 megawatt combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.

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8Volatility in the thermal coal market in recent months has created uncertainty for Indian buyers as they brace for an unclear start to the new year.

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8Sri Lanka has agreed with India to jointly redevelop a strategic oil terminal consisting of nearly 100 large oil tanks, Energy Minister Udaya Gammanpila said Tuesday.

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8OPEC and allied oil-producing countries decided Tuesday to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19.

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8Three LNG carriers in a row were spotted in the Nijlhaven on the morning of 3 January 2022, which is unique for the Port of Rotterdam.

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8Energy prices at the end of 2021 were 59% higher than they were at the beginning of the year, according to a new report by the Energy Information Administration (EIA).

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8Given ongoing high and steady sales of crude oil to China and other Asian countries and the likelihood of a new iteration of the Joint Comprehensive Plan of Action (JCPOA) being agreed with the U.S. at some point this year, Iran announced plans last week to boost oil production from its supergiant South Azadegan oil field to at least 320,000 barrels per day (bpd) by the middle of 2023, from the current 140,000 bpd.

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Ortho-Xylene prices have escalated in the Ahmedabad market, today.

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Butyl Acrylate Monomer prices witnessed a fall in the Hazira market.

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Acetonitrile prices have significantly moved higher today in Mumbai.

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On January 5, 2021, Petrochem sources confirmed that propionic alcohol prices had risen in the Kandla market.

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