News & Bulletin Updates

 Indraprastha Gas Ltd (IGL) is on a diversifying spree
8But it is getting into the wrong areas.
8And either GAIL or the ministry must stop it from going in this direction
Find out why

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8What is the progress made by ONGC on its bidding for Production Enchancement Contracts (PEC).
8There are 11 producing fields for which bids have sought
Find out what happended in the pre-bid meeting

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Here is a new 5 MMTPA LNG terminal
8But developers are hesitant to come forward for now

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Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost:500 Cr.
8Project Event: The project team has been made. and the company has applied for the loan which is likely to be elicited in January 2022. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021 in place of Q3 FY 2021.
SP Expansion Project

8Cost: 15 Cr.
8Project Event: The project is still waiting for the approval of the state, all clearances are likely to be elicited in December 2021, central approval has been elicited. RFQ for the local contractor is likely to be released in January 2022

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Low ethylene dichloride prices were reported today in Hazira. 

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N-Propanol prices in the Kandla port have fallen sharply.

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New styrene monomer prices have been announced at Hazira.

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8To explore a strategic alliance on a broad range of energy prospects, public sector oil and gas explorer Oil and Natural Gas Corporation Limited (ONGC) has inked a Memorandum of Understanding (MoU) with world's largest oil company Saudi Aramco.

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8Crude oil futures were lower in mid-morning trade in Asia Nov. 18, extending losses following a sharp overnight tumble, as a draw in US oil inventories across the board failed to overcome rising bearish pressures on both the supply and demand side.

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8Governments from some of the world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices and ahead of a meeting of major oil producing countries.

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Nov 19, 2021: Potash: IPL pays more

8IPL was forced to pay much more for potash in a recent deal

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On November 19, 2021, the Kandla port witnessed a rise in butyl cellosolve prices.

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8This fertilizer unit gets a green award

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A significant drop in BGE was noticed today in Kandla. 

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8There is a tender out for supply of natural gas

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Nov 19, 2021: Daily import prices

8One Phosphoric Acid Shipment is reaching on 20th November 2021
8One Ammonia Shipment is coming up on 24th November 2021

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MX prices are falling in the imported market of Delhi.

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MEK prices were quoted higher in the Delhi market, today.

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DEG prices have moved higher up at Hazira.

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A revision in benzene prices has been announced in Vizag.

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MP diol prices were quoted lower in the Kandla chemical market today.

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Octanol prices in the Kandla market registered a fall today.

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MIBK prices registered a sharp fall in the imported market of Kandla.

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A huge rise in Iso butanol prices was seen in Kandla today.

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Octanol prices witnessed a fall in the Hazira market today.

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