News & Bulletin Updates

The new CMD of EIL, Vartika Sukhla, unveiled her vision of EIL today
8She did that in an address to all employees

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The LOIs for the Nagapattinam greenfield projects have finally been handed out. It is a greenfield 9 MMTPA refinery.
8There has been a period of negotiations from the time bids were opened till when the LOIs were handed out
8Find out how much CPCL has been able to whittle down the price from the quoted levels

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ONGC has promised a series of offshore development tenders in this fiscal year
8Among them, on top of the agenda, is the PRP-7 project
What is the latest status on it?

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8This offshore and marine support company claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman
8Find out more claims it has achieved a lot ever since it was founded in 1998 by an ex-serviceman

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Sep 06, 2021: Next NRL MD: Hunt on

8The hunt is on for the next NRL managing director

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Here is a seismic services company doing very well, it claims
8And says the future is bright in what is arguably a very competitive field

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Pipeline Infrastructure Pvt Ltd, the owner of the East West Pipeline, has established quite a few new benchmarks that are capable of becoming industry benchmarks
8First is of course the pipeline usage agreement with RIL, which ensures a steady cash flow
8Then again, there is the is an innovative O&M agreement that can be of interest

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Sep 06, 2021: CMDs appointed

8CMDs have been appointed for two fertilizer companies

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8A DOF man has been pulled out and brought into the Ministry of Cooperation

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Traffic has been low in this LNG terminal
8And it will take a long time before traffic goes up
8But the company is bullish enough to start working on doubling its capacity

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IGX claims it provided a $4/mmbtu price advantage over spot prices
8And it traded higher volumes

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8Get the latest update on what the FAI is up to

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8Yara has acquired Finnish Ecolan to expand its organic fertilizer business
8Find out more

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8Petronet LNG Ltd, India's largest gas importer, plans to set up a petrochemical complex at Dahej in Gujarat as it looks to make a foray into high margin business to hedge gas trading risks, Oil Secretary Tarun Kapoor said.

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8ONGC Videsh Ltd, India's flagship overseas oil and gas firm, and the nation's largest refiner Indian Oil Corporation (IOC) on Friday signed agreements with Russia's Gazprom for cooperation in the hydrocarbon sector. Indian oil and gas companies are looking to acquire stakes in prolific oil and gas areas in Russia as part of a larger strategy to acquire equity oil and gas overseas that could offset the country's huge 85 per cent dependence on imports for meeting energy needs.

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8Saudi Arabia lowered its light crude oil prices to Asian customers in October versus September, though left prices to northwestern Europe and the United States steady.

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A fall in cyclohexane prices in the imported market of Chennai was noted on September 6, 2021. 

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VAM prices moved higher today in the Chennai chemical market.

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Ethyl Acetate prices are slowly increasing in the Ahmedabad market.

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An increase in ortho-xylene prices has been noted in Kolkata today. 

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On September 6, 2021, PAN prices moved higher in the Delhi market.

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Delhi polymer market recorded a rise in imported acrylic prices today.

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ABS (HI121H) IM prices in Mumbai were quoted higher today. 

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ABS (MIF45) prices in the Mumbai market remained stable in spite of demand being low.

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On September 6, 2021 ABS (MIF45) prices moved higher in the Delhi polymer market.

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