News & Bulletin Updates

There were hackles raised when there was an announcement that public sector oil and gas pipelines will be sold
8But this is in fact a clean way of raising money and it is not equivalent to selling the family jewels as some would allege.
8And dithering Indian planners can take a lesson or two from giants like Saudi Aramco

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If you are an investor with an appetite for E&P fields, here is an opportunity to pick one or a few fields.
8But be warned that the road is going to be rough
8Then as the adage goes, there are no rewards without risks

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8Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled.

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8A US think tank has said that China is discouraging competitor countries in the South China Sea (SCS) over oil and gas explorations.

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8Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed fears that spreading COVID-19 variants could derail a global economic recovery.

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Hydrogen is one space we are going to keep track of from now on.
8And here is one mid-sized company which claims that it is already producing hydrogen in India using solar energy at a cost which is half of the global average
8What is the secret? Frugal engineering!
8The hydrogen will be used to make ammonia, and an ammonia plant is getting added on
8The company plans to produce 3.4 to 4 MMTPA of ammonia by 2030
8Ambitious plans indeed

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8Moroccan phosphate company OCP has announced a new partnership with USAID for a $1.4 million investment to revolutionize farming in West Africa

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8US Awasthi life time awards have been announced

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8Energy saving certificates, under the ‘Perform, Achieve and Trade’ scheme, are helping industry optimise energy consumption

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8Thyssenkrupp bags a contract
8It is for a urea granulation plant
8Also, technology support will be given to revamp the plant

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Butyl Acetate prices fell in the domestic market of Delhi today.

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On July 13, 2021 Petrochem sources reported a fall in Ethyl Acrylate (imported intact) prices in the Mumbai market.

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Sulphuric acid prices have increased in the Delhi market.

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New ethyl acetate prices were recorded at Ex-ASHOK today.

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DiButyl Phthalate (domestic intact) prices are slowly increasing in the Kolkata market.

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A fall in Ethylene Dichloride prices has been noticed at Ahmedabad today

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On July 13, 2021, Petrochem sources confirmed that MTO prices had slipped in Ahmedabad.

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VAM prices are slowly gaining momentum in the Delhi chemical market.

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Chloroform prices have been revised at Dahej.

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On July 13, 2021, Petrochem sources confirmed that Ethyl Acrylate prices have slipped in Delhi.

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Sulphuric Acid  prices were quoted lower in the Delhi market today.

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The Kolkata chemical market saw a rise in acetonitrile prices today.

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On July 13, 2021, Petrochem sources confirmed that VAM prices have slipped in the Delhi market.

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A revision in MDC prices has been revised at JNPT.

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On July 13, 2021 the Mumbai imported repack market saw a rise in butyl acetate prices.

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