Dibutyl phthalate prices have escalated in the Kolkata market, today.

8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

8Shipping Corporation of India (SCI) is likely to lose Rs 500 crore worth of business and more from ONGC
Find out how that is so

8SCI's loss of business will be the gain of others
8Find out who else can take away this business from SCI

Atlantic Gulf and Pacific (AG&P) out of Singapore has good pedigree in India.
8It has ambitious plans
8But it seems to be faltering going ahead

Oil & gas conferences are back, some in real mode, and some in hybrid mode.
8Find out which are the major ones lined up
8There can be lots of takeaways from these conferences

The CGD industry will face challenges going ahead.
8There is of course the threat of electric vehicles
8Then again, there is going to be a sharp enough increase in APM gas prices
8Yet existing CGD companies are bullish of the future, for during the lockdown, even as volumes plunged profits have stayed firm
8Mobile CNG dispensation stations are the new flavor of the season

Here is a small E&P company with small producing fields
8The work is set, and profits come easy, though the pandemic has hit margins but they will recover quickly
8Clearly, behind every discovered bid price, this is the kind of company that investors look at as an example, hoping to replicate its success
8Because if you really hit a coal mine, as some would surely do, it can provide many years of steady income and profits

Rs 466 crore Vizag greenfield POL terminal has been hit by COVID as has been the case with similar projects elsewhere.
8Commissioning has been delayed
8EPCM in this case is PDIL

The total demand under arbitration by the government of India as of now stands at 30,000 crore from the consortium of BG, RIL and ONGC
8But the amount is likely to balloon to much more
8Pre-emptive steps are being taken by the operators to fight against paying up but will they suceed?

8Former ONGC director of Technology and Field services has joined up a private sector oil & gas company.
8Know more

Infusion of hydrogen into CGD network
8Pilot project is on

8Despite the fact that L&T has had a dry run, find out why the company believes that the oil & gas segment can provide good business

8The Fertiliser (Inorganic, Organic or Mixed) (Control) Order 1985 is available
8As also all amendments up to July, 2021

These are timelines given by the IEA to achieve emission control targets
82021: ban on further developing new oil and gas fields, opening new coal mines, expanding existing coal mines, authorizing the construction of new coal-fired power stations
82025: ban on the further sale of fossil fuel boilers
82030: abandonment of coal in "advanced" economies; install 1,020 GW of solar and wind power each year; reach 60 per cent of electric vehicles in new car sales; achieve carbon neutrality for all new buildings
82035: 100 per cent zero-emission electricity production in all "advanced" economies; end of the sale of cars with internal combustion engines; 50 per cent of new trucks are electric
82040: worldwide, closure of all coal- and oil-fired power stations; achieve totally zero-net-emission electricity production; in aviation, achieve 50 per cent low-emission fuels
82045: 50 per cent of heat needs are met by heat pumps
82050: reach 70 per cent of electricity from solar and wind power; 85 per cent of buildings are adapted to zero-carbon; over 90 per cent of heavy industrial production (cement, steel, petrochemicals) is low-emission
Impossible as these timelines may be, there is now increasing criticism of these timelines as well

Spot LNG prices are now more expensive than fuel oil
8The point to note is that this difference is likely to stay on for some time
8For India, this will have implications, as dual fuel furnaces may end up using more FO
8Also, industrial use of gas will be that much more difficult unless strict pollution control orders are instituted for wholesale conversion of industrial hubs, as was done in the case of Morbi, to gas

IGX has drummed up a lot of static about an increase in activity in its exchange.
8And it is also trying to organize some webinars
8GSPC has joined in as a member as well
8But eventually, in a country with large monopoly sellers, it will take a long time before the exchange has any reasonable traction

Gas penetration in the Indian economy will remain a complex affair
8And targets are not likely to be achieved, according to a new and exhaustive report

8India will soon unveil a $1.35tr infrastructure plan to boost industry productivity and to achieve its climate goals by increasing hydrogen production
8Know more

8If you want to keep a check on how COVID-19 is working its way through the Indian economy, do not need to go further

Here are two updates on the fertilizer project side
8One is a Rs 100 crore sulphuric acid expansion, where commissioning is likely next month
8Then there is an SSP greenfield project where the RDQ is expected to be released by September instead of August was planned

8HOEC has lost an appeal against an arbitral award passed in favour of Hardy Oil but the company is looking at other legal recourse
8Site grading work for a COT is coming up, the capacity of the COT will be 8 MMTPA
8Hitech Engineering Services: Working under a constrained environment

8State-run oil and gas major ONGC on Friday reported a multi-fold rise in its standalone net profit for the April-June quarter, at Rs 4,335 crore.

8A self-certified declaration of a commercial oil or gas discovery is all that is now needed by a company to get statutory recognition for a hydrocarbon find after the upstream regulator DGH overhauled approval processes.