8This is a giant petrochemical complex but RFQs are expected to be handed over privately to bidders
8And we have learned that there will be a limit of only three bidders per unit

8A giant MEG project may have witnessed the handing over of an LOI already

What was the price at which L&T picked up two storage tanks of 170,000 M3?
8One point that is evident is that the company would have bid a higher price had it known no one was bidding

8There are non-petroleum sector companies too which are investing heavily in chemicals and petrochemicals
8Here is a private company with a Rs 1000 crore capex

Here is a company that has just started consuming 2.4 mmscmd of gas, equivalent to one cargo of LNG every month.
8And it has appointed a managing director
8The gas sector should know who he is if you want to do business with him

Our E&P project monitoring software updates did suffer due to COVID. One, it was near impossible to get through to anyone. Then again, there was no activity for a long while on account of not just COVID but low crude prices, as IRRs were not falling in line. Now, slowly but surely work has begun in multiple fields and we are now getting good updates.
8Here is a requirement coming up for an ultra-shallow water rig, to work in low water depths
8The TOR has been submitted and the environmental clearance is on, and an RFQ will be floated ahead

Ammonia-Urea Annual Maintenance Project
8Cost - Rs 30 crore
8Project Event: RFQ for a registered maintenance contractor is likely to be released in January 2022.
DAP Expansion Project
8Cost - Rs 20 crore
8Project Event: The final EIA report has been made, and a proposal for the environmental clearance has been submitted, all the project activities are likely to be started after the clearance, which is likely to be elicited in October 2021. RFQ for the local contractor is likely to be released in November 2021

A recent survey of senior oil and gas professionals found that twice as many said their organization intends to invest in hydrogen in 2020 (42%) as in 2019 (20%),5 and more than half expected hydrogen to be a significant part of the energy mix within just 10 years.
8So here is an analysis

8The product tanker market is going through a lot of turmoil, led on by several factors
8Here is a comprehensive analysis from one of the world's largest product tanker companies

A webinar claimed to have been attended by hundreds of investors has called for cutting off financial ties with the Adani Group
8What has sparked this outcry?

8Indian refiners' crude oil throughput in August dipped to its lowest in 10 months due to ongoing maintenance activities at multiple refineries, government data showed on Wednesday.

8Oil prices rose on Thursday, extending strong gains overnight with fuel demand growing and crude stocks declining as production remains hampered in the U.S. Gulf of Mexico after two hurricanes.

8Haldia Petrochemicals Ltd (HPL), one of India’s largest petrochemical companies with a total production capacity of 700,000 tonnes, plans to set up three petrochemical complexes each in Kakinada (Andhra Pradesh), Balasore (Odisha) and Cuddalore (Tamil Nadu) at a total combined investment of $30 billion (~INR 220,250 crore), a news report said.

8There are reports of fertilizer shortage in India
8The ministry has called for an urgent meeting with the industry
8Know more

A new 10 MMTPA liquefaction plant is getting functional by the end of this year
8As it ramps up production, hopefully, it will be able to ease some of the LNG scarcity seen
Meanwhile JKM has reached the %28/mmbtu mark, an impossible rate, for anyone to do business in, get an analysis here

8The government is expanding the list of micro nutrients
8Here are the details

There has been a reshuffle in the agriculture ministry officials
8Also, a whole of new officers have been approved
8Some of it will be of interest to you

8Matix Fertilisers & Chemicals Limited, a company founded by Nishant Kanodia, son-in-law of Essar Group co-founder Ravi Ruia, settled its entire Rs 4,500 crore debt by entering a one-time settlement (OTS) of Rs 3,082 crore with its creditors, three people with knowledge of the matter said.

Domestic PP prices have been raised by HMEL

PE prices have been rolled over by Gas Authority of India Limited

A static price revision for PVC has been announced by Chemplast

Prices for polyamide 6 (E35) in the Delhi polymer market were quoted high today

Robust demand has lifted polyamide 6 (E35) prices in the Ahmedabad polymer market

A revision in PP and PE prices has been announced by ONGC Petro additions Limited (OPAL), According to sources, with effect from September 23, 2021 the following price revisions have been made.

On September 23, 2021 Petrochem sources reported a fall in polyamide 6 (M28RC) prices in the Delhi polymer market