Oil India Ltd will never be able to live down the Baghjan fire
8And the company's problem with the blow out only now beginning to hurt, well after the the blowout was killed in November 15

There was a hue and cry over a reported letter by the petroleum ministry to ONGC asking it to spin off ONGC's prized Mumbai High assets to the private sector
8Objections came in from everywhere, including from the officers union
8The government did clarify its position earlier
8But a more formal and nuanced clarification has now come in on the subject, which has interesting implications when juxtaposed against what the officers union had been asking for

High crude prices juxtaposed against against subsidized gas prices makes CGD an attractive business.
8Gas prices are going up, and are to go up next year, but the price difference with fossil fuels is still quite high
8An attractive margin of around Rs 8/SCM is still on the table even if domestic prices were to double though local factors and economies of scale can whittle down the margin

If you want a pre-existing infrastructure in place that you can access to supply gas to a city or an industrial unit, there are 67 such networks available.
8Take your pick

While we speak of CNG al the time, LPG as a vehicle fuel has a logic of their own.
8Find out here what are the reasons why LPG can be the right choice

Coal based Ammonia-Urea & Coal Handling Plant Greenfield Project
8Cost: 7484 Cr.
8Project Event: The feasibility study has been completed, internal discussion is ongoing. The company is planning to hire a PMC contractor first, RFQ for the PMC contractor is likely to be released in Q4 FY 2021.
And this is being promoted by a dynamic private sector company, a risk taker. Imported coal will be used in all likelihood, or blended coal

8A rig package is needed on hire by an E&P company

8This ammonium nitrate plant that is coming up will be of global scale

Get a picture of what kind of massive leverage advantage that is available around the world in gas deliveries
8This is an unprecedented situation

ONGC has begun the exercise of looking for buyers of gas from this new LNG terminal
8How and from where ONGC is going to source the gas and how competitive will it be will be the main question, given the abundance of suppliers in India today

8GAIL has done a swap deal for a Janaury cargo

Formaldehyde prices have moved lower in the Delhi market.

8Sumitomo Chemical and Yara have collaborated to explore the use of clean ammonia
8Under this agreement, Sumitomo Chemical will study the possibility of using Yara’s clean ammonia as a raw material for petrochemical products
8Know more

Tenders are out
8For supply of Ferrous Sulphate
8For supply of Manganese Sulphate

Low Propionic alcohol prices were reported today at Kandla.

Cyclohexanone prices in Hazira have fallen sharply.

Low ortho-xylene prices in the imported market of Ahmedabad were quoted lower today.

NBA prices are gradually declining in the imported market of Delhi. 

Octanol prices have moved down at Hazira.

On December 10, 2021, the Delhi market witnessed a fall in IPA prices.

On December 10, 2021, trading sources reported a fall in MIBK prices in the Kandla chemical market.

MEK prices were quoted higher in the Kandla market today.

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

On December 10, 2021, Petrochem sources reported a sharp fall in DOP prices in the imported market of mumbai.

On Dec 10, 2021, trading sources reported a fall in Isobutanol prices in the Kandla chemical market.