News & Bulletin Updates

ONGC Videsh Ltd has decided not to seek a rating of its financial matrices by a large rating agency.
8Ratings are good for OVL when it seeks to access funds in the market. and the withdrawal has raised some eyebrows

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8There are 28 companies still there in all in the pre-NELP discovered fields
Find out who they are

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Here is a company talking of digital transformation of LNG terminals
8It specializes in predicting incidents
8Spill analysis
8KPI dashboards for logistics
8Safety/HSE auto reporting

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Here is a CGD entity looking for land in several districts
8And business LOIs will follow thereafter, after a reasonable gap

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8IGL has managed to score on profitability despite a sharp drop in turnover

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Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is still waiting for environmental clearance, which is likely to be elicited in July 2021, RFQ for EPCM consultant is likely to be released in September 2021

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Ammonium Nitrate Greenfield Project
8Cost - Rs 1800 crore
8The technology licensor has been selected, RFQ for an EPC contractor expected next

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There is no market currently for grid-connected gas-based power plants
8But here is an established player setting up 1x300 MW and 1x250 MW gas-fired power generation units
8Find out why these plants will need a perpetual supply of gas

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The ship breaking industry had earned a bad name but that is changing
8Rating agencies are providing better ratings to "clean" companies, which following the Hong Kong convention

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Jun 28, 2021: Seismic firm folds up

Some service providers have not been able to withstand the crisis that the E&P industry is going through
8Here is one global firm folding up

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Selan Exploration Technology Ltd's turnover has halved
8And the company has posted a loss on its operations
8Clearly, the pandemic has taken a heavy toll

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8CCI has given the green signal to Paradeep Phosphates Limited to acquire a fertiliser manufacturing plant
8Find our more

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8A pathway for moving to green ammonia is gradually increasing
8The world’s first dynamic green ammonia plant project gets USD$13 million funding boost
8The plant is expected to be operational by 2023, making it the first green ammonia plant of its kind

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8Find out how one major fertilizer company is taking care of its employees during the second wave of COVID-19

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The Delhi High Court has ordered relief to US Awasthi and PS Gahlaut
8Find out what kind of relief was elicited

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APM prices have bottomed out no doubt
8But this player believes it will rise by 50-60% in the next revision (i.e. starting Oct’21) on its current base of USD1.79/mmbtu

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The Kolkata market recorded low ortho xylene (imported repack) prices today.

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Sulphuric acid (domestic repack) prices were assessed lower in the Delhi market today.

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On June 28, 2021, the Delhi market witnessed a rise in Ortho Xylene prices.

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On June 28, 2021, maleic anhydride prices registered a rise in the Ahmedabad market.

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On June 28, 2021, mixed-xylene prices moved down in the imported market of Ahmedabad.

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On June 28, 2021, Petrochem sources confirmed that benzene prices have increased in the Ahmedabad market.

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In Ahmedabad, MTO prices were quoted higher today.

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On June 28, 2021, phthalic anhydride prices fell in the imported market of Mumbai.

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New chloroform prices have been announced at Dahej.

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