News & Bulletin Updates

8FACT is importing a cargo of phosphoric acid
8Around 8000 tonne is the cargo weight

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8A shipment of epichlorohydrin is coming from Ma Ta Phut
8The date of arrival is June 19

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8A cargo of styrene monmer is jointly brought in by two companies
8The cargo is coming from Singapore

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8A methanol cargo is being shipped in
8SABIC is shipping it in

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8Two ethyl alcohol cargoes are expected at Pipavav
8One cargo is of 5000 tonnes and the other 7000 tonnes

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8A huge 42000 tonnes CBFS cargo is berthing at Sikka
8Find out who is bringing it in

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8A detailed coverage of petrochemical prices are carried here
8Here is our multi-grade, multi-city price list for petrochemicals

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8A wrap-up of all chemical prices
8Get it all here for the day

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8Two recent McDermott downstream projects in India will involve multi-country teams working on them
8The projects will be executed by the McDermott team in Gurgaon, India, with some support from Perth, Australia and Brno in the Czech Republic

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In Mozambique, insurgents had attacked the strategic port of Mocímboa da Praia killed over 50 soldiers, sank a Mozambique Naval Ship with a rocket-propelled grenade, and, eventually took physical control of the port
8The government had since employed private military contractors to handle the insurgents
8How bad is the situation in Mozambique, where the Indian trio of ONGC, OIL and BPCL are heavily invested in an LNG project?

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8Attempt to limit NRL's expansion contracts to traditional bidder fails.
8Field left wide open to all

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8E&P work is anathema in South India
8In this particular state, passions are getting inflamed again

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8Hydrogen based fuel-cell tenders using electrolysis has begun appearing in India
8And that is good news for those involved with this technology

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8Megha has also bagged a contract for the supply of an indigenous rig to Cairn India
Find out more on the type of rig that is being supplied 

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Megha is going to be the first company in India to be supplying 2000 HP onland rigs
8It has put in a bid for OIL's 5-rig tender through its subsidiary Drillmec
8Find out more on what Megha has been doing not only on this front but elsewhere in the hydrocarbon sector, both domestically and internationally

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EIL expects orders to the tune of Rs 1600 crore
8Find out what the breakdown could be

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8E&P work is anathema in South India
8In this particular state, passions are getting inflamed again

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Jun 15, 2021: LNG tender out

8The long anticipated "big" LNG tender is out for gas supply for the quarter

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8The demand for potash sits at the intersection of a number of global megatrends
8What is the outlook for potash for 2021?

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8A big company has recently commissioned an ammonia plant
8The projected investment cost is around US$900 million

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Ammonia-Urea & Captive Power Unit Greenfield Project
8Cost - Rs 7000 crore
8Project Event: All the project activities are still on hold due to second wave COVID-19, the project is likely to be activated in Q2 2021. This is a private sector project, and has been in the offing for sometime now, so we are taking it with a grain of salt.
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: Still, all the project activities are on hold due to lack of funds, Capital approval is still under process. It is likely to be elicited in July 2021. RFQ for the LSTK contractor is likely to be released in August 2021

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On June 15, 2021 Naphtha prices moved up in Japan and Europe on account of positive buying trends in the respective countries.

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The international crude oil price of Indian Basket was quoted at around $72.18 per barrel on June 15, 2021.

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A fall in MIBK prices in the imported market of Delhi was noted on June 15, 2021.

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Sulphuric acid prices went down in the Mumbai market.

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