This engineering cum turnkey company has starkly different returns
8For consultancy, returns are as high as 24%
8For Turnkey, the returns are only at 2%
8There is a massive discrepancy between the two

8Is this prominent EPC contractor revising its cost estimates upwards in relation to its previous estimates for downstream projects?

The rather dramatic increase in domestic gas production of around 45 mmscmd over the next three to four years is going to hurt incremental LNG demand.
8What then is the outlook for the LNG industry?
So what is the outlook here?

Find out more on RIL's blue and green hydrogen plans
8And also plans to make urea

8L&T is the sole bidder here for this ammonium nitrate greenfield melt project. Techniccal evaluation is still ongoing and financial bid opening is in March now
8Then there is a low cost phosphoric acid greenfield project, and an RFQ for a local contractor is likely in April, delayed due to COVID

8Find out how multiple economic parameters are looking up at the moment
8Is there any improvement?

8Commercial launch of major ammonia plant has been delayed until Q3
8Know more

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8State-owned Oil and Natural Gas Corporation (ONGC) on Saturday reported nearly seven-fold jump in third quarter net profit after higher oil and gas prices offset a drop in production.

8The restructuring of gasification assets will unlock value, provide flexibility for Reliance Industries Limited (RIL).

8The Reserve Bank’s projection of 4.5% retail inflation in the next financial year 2022-23 as against 5.3% seen in the current fiscal FY22, seems to be a bit optimistic and ambitious in the light of current price pressures the economy is facing, experts said.

8India is hoping to cut diesel use by farms to zero and migrate the agriculture sector to renewable energy as early as 2024, the Power Ministry said on Friday, as a part of its broader plan to transition to cleaner energy sources.

8State-run GAIL is playing smart by advancing LNG (liquefied natural gas) shipments from the US, using the flexibility in its contract to make a killing from arbitrage created by runaway demand and skyrocketing prices in Europe.

8Saudi Aramco has notified at least six Asian buyers that it will supply full contractual volumes of crude oil in March, sources with knowledge of the matter said on Friday.

8The government's inflation management is robust and it has handled the price rise during the COVID-19 crisis in a much more efficient manner than the UPA government did during the 2008-09 global financial crisis, Union Finance Minister Nirmala Sitharaman said on Friday.

8Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger U.S. and European sanctions that would disrupt exports from the world's top producer in an already tight market.

Low demand coupled with excess product availability has weakened bisphenol prices in the Ahmedabad market.

Petrochem sources, on February 14, 2022  have reported a significant fall in ECH prices in the Mumbai market.

A fall in paraquat prices was registered in the Delhi market today.

A significant rise in sodium hexametaphosphate prices was reported in Mumbai today.

Petrochem sources in Ahmedabad, on February 14, 2022, have reported a fall in phosphorus trichloride prices.

Delhi Petrochem sources have reported a rise in rock phosphate prices today.

A rise in epoxy resin prices was recorded in Delhi today.

Robust demand has raised toluene prices in the Mumbai chemical market.

Octanol prices moved higher today in the Delhi chemical market.