8India's most valuable public sector firm by market capitalisation ONGC on Saturday became a company with no chairman and managing director after incumbent Subhash Kumar superannuated and the government did not immediately name his replacement.

8The Ministry of Petroleum & Natural Gas (P&NG) has constituted an Energy Transition Advisory Committee (ETAC) to lay down the policy framework for moving the country and the economy from fossil fuels to clean energy. This step has been long overdue to enable the country to meet its net carbon emission commitment under the Paris Accord.

8Adani Total Gas Ltd, the city gas joint venture of Adani Group and TotalEnergies of France, on Thursday said it has launched a new green initiative that targets afforestation, outreach to millennials, and energy audits.

8Delhi will remember 2021 as a year of announcements and orders but little gains from the environment point of view, with air pollution rising to 2019 levels and the Yamuna, often referred to as the national capital's lifeline, struggling to survive the ecological assault of sewage and industrial effluents.

8Oil prices fell 1% on Friday but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record highs around the world.

8Billionaire Mukesh Ambani's Reliance Industries Ltd on Saturday said it will raise as much as USD 5 billion in foreign currency-denominated bonds and use the proceeds to retire existing borrowings.

8Sri Lanka will sign a deal with Lanka Indian Oil Corporation (LIOC) to restore 75 oil tanks as the country moves to secure a $500 million fuel credit line from India, its energy minister said on Friday.

8Oil prices rose on Monday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading COVID-19 pandemic limited gains.

8Asian liquefied natural gas (LNG) prices fell this week on muted Asian demand and a drop in European gas prices in thin holiday trading, though a bullish outlook remained on concerns over tight European supply.

8Commodity prices from energy and metals to agricultural products rebounded sharply in 2021, with power fuels leading the rally, driven by tight supplies and a strong economic recovery as COVID-19 vaccinations staved off widespread lockdowns.

8After the festive season, the lower demands amidst supply disturbances in parts of southern India due to heavy rainfall have eased the growth rate of India’s eight major industries in November, on a sequential basis.

8At the start of every new year, IFFCO’s Managing Director Dr. U S Awasthi has been penning letters narrating the fertilizer cooperative’s achievements and the challenges confronting it.

Dichloroethane prices were lower in the Mumbai chemical market today.

On Jan 3, 2021, trichloromethane prices were raised in Ahmedabad.

Petrochem sources have reported a sharp fall in isobutylene prices in the Mumbai market.

On January 3, 2021, styrene monomer prices were pushed higher in the Chennai market.

Butyl Acetate prices at Hazira are currently at higher levels.

A fall in DOA demand is noticed in the Ahmedabad market today.

On January 3, 2022, Petrochem sources reported a huge fall in PCE prices in the chemical market of Mumbai.

An increase in triethanolamine prices in the Mumbai chemical market was noted today.

On January 3, 2022, non-ionic surfactant prices fell sharply in the Delhi market.

Petrochem sources have reported a significant fall in benzene prices in the Mumbai market today.

Phenol prices have escalated in the Kandla market today.

Isobutanol prices were lower in the Kandla chemical market today.

Prices for the IPA have risen at Hazira.