News & Bulletin Updates

Butyl Acetate prices witnessed a fall in the Delhi market. 

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Ethyl Acetate prices were assessed lower in the Kolkata market.

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High ortho-xylene prices were reported today in the Kolkata market.

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High DOP prices were recorded in Delhi today.

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Petrochem sources have reported a sharp fall in cyclohexanone prices in the Kolkata chemical market. 

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Continuous tight product availability of NBA has triggered its prices to rise in Delhi.

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Low regional demand has led to a sharp fall in IPA prices in the Delhi chemical market.

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On August 10, 2021, trading sources reported a fall in MEG prices in the Mumbai chemical market.

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PAN prices have moved higher in Delhi.

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On August 10, 2021, the Kolkata market witnessed a rise in dibutyl phthalate prices.

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A sluggish demand is noted in the Dahej chloroform market.

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On August 10, 2021, the Kandla market witnessed a small rise in MX prices.

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Indian experiment with 2G bio-ethanol project is still on shaky ground.
8The deal with Tata Projects, the EPC contractor for the plant that was meant to be put up in the former petroleum minister Dharmendra Pradhan's constituent state has fallen through
8But since it is a political project, work must go on no matter at what cost
8The licensor, who Tata Projects blamed for not having the designs in place for the project, remains the same
8Find out the details of the alternate plans that BPCL has put together to get the project going again

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Market sources reported that IPA prices were revised in Hazira today.

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DEG prices at Hazira are currently at lower levels.

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8There are reports that Adani's Dhamra LNG terminal had run into some snag with one of its contractors
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Is the oil ministry trying to usurp powers off the PNGRB?
8The government had never been very happy palming off its power to an independent regulator and it had consistently fought off making the DGH an independent entity
8Is the ministry now trying to dilute the PNGRB's authority?

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ONGC has got hundreds of vacancies
8Some of them are spillovers from campus recruitments
8Asset-wise vacancy details are given here

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The government had relaxed the guidelines for companies who want to market transportation fuels.
8Under the new guidelines, seven companies, including some unknown to the oil industry names, have been granted sanction

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8The website is listing here the what the government calls five new steps to raise ONGC's output

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Despite the big talk about inviting foreign investment in India's E&P acreages, money brought in by foreign companies is at near nil levels.
8It is a sad commentary on either India's lack of tangible commercial hydrocarbon resources or unhelpful government policy
8The fact that Cairn Energy Plc had to move international court to confiscate Indian government assets, in order to force it to pay up for an arbitration award, is perhaps testimony to why foreign companies are averse to come into India

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8What are the 10 major recommendations of the two committees set up to investigate the Baghjan fire?

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8IGX claims that its discovered prices on its exchange are 50% cheaper than comparable prices
8How is that so?

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Imported polyurethane prices are slowly increasing in the Ahmedabad market

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On August 10, 2021 Petrochem sources reported a fall in Polyamide 6 (E35) prices in the Delhi polymer market

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