News & Bulletin Updates

 8A new Vedanta gas discovery is now sought to be linked to a GAIL network
That will ensure elicitation of a better gas price

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8What is the status on ONGC's Pipeline Replacement Project-7
Will be re-tendered?

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8What is the latest update on the AG&P's Karaikal project?
Has it been abandoned?

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8Andhra Pradesh drilling campaign will witness ONGC hiring an ultra shallow water rig

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8ONGC is formulating an offshore development drilling campaign worth Rs 3000 crore

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8ONGC continues to pursue frontier area drilling
But at a slow pace

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8The DOF has come out a recommendation on rock phosphate use

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On January 4, 2021, Petrochem sources confirmed that dibutyl phthalate prices have registered a fall in Kolkata.

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8RCFL has a new director (technical)

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8DOF attendance and timings have changed

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On January 4, 2021, Petrochem sources confirmed that MMA prices had risen in the Kandla port.

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8Those at the helm of energy policy in India face a challenging conundrum in the new year: To navigate the choppy waters of the “dirty” petroleum market and stay on the “green” course towards clean energy. There is an oft-quoted French phrase “plus ca change , plus c’est la meme chose” — “the more things change, the more they stay the same”. It captures well the developments of the energy market over the past year.

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8Crude oil prices on Monday rose Rs 47 to Rs 5,672 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the January delivery traded higher by Rs 47, or 0.84 per cent, to Rs 5,672 per barrel in 7,321 lots.

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Petrochem sources have reported a significant fall in liquid chlorine prices in the Delhi market today.

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Trichloromethane prices are slowly increasing in the Mumbai market.

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On Jan 4, 2021, isobutylene prices moved higher in the Mumbai market.

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On January 4, 2022, DIBP prices fell in the domestic market of Mumbai.

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EGMBE prices are improving in Mumbai.

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On January 4, 2022, Petrochem sources reported a fall in 2-EH prices in the chemical market of Delhi.

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Petrochem sources have reported a significant fall in isobutanol prices in the kandla market today.

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On Jan 4, 2021, octanol prices increased at Hazira.

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NBA prices were lower in the Kandla chemical market today.

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MEK prices have escalated in the Kandla market today.

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On Jan 4, 2021, acetone prices moved higher in the Mumbai market.

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Prices for IPA have risen at Hazira.

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