News & Bulletin Updates

8The world's largest oil and petrochemical company is planning carbon neutrality by 2050
8Find out more 

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8Siddharth Grease and Lubes Pvt. Ltd. (SGL), a leading Indian manufacturer and supplier of lubricants, has opened its first plant in the Middle East in the inner port of Sharjah's Hamriyah Free Zone Authority (HFZA)

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8Find out why the New York listed IG Petrochemicals is a favourite among punters

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8For RIL, oil and gas shines, retail recovers, and RJio sees a consolidation in subscribers

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8In its petrochemical pricing, RIL has migrated from ex-work pricing to delivered pricing
8Then again, no QD for deemed export can be clubbed with domestic sales
8Further, no combination of HDPE, LLDPE and LDPE grades allowed

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8The US has announced a brand new roadmap to analysis, limit, and remediate .polyfluoroalkyl substances (PFAS), a bunch of business “forever chemicals”, which were linked to most cancers and are present in our meals, water, and even our blood
8A $10 billion action plan has been worked out

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8Fossil fuels will continue to remain significant in the global energy basket even with accelerated adoption of renewables but the oil companies will have to develop less risky models going forward, Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Subhash Kumar has said.

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Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
Technology licensor is selected and EPCM contractor RFQ is around the corner
Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited at the end of November 2021. RFQ for the LSTK contractor is likely to be released in Jan 2022

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EIL is the PMC for the project
8Only a handful of companies are in the race for this CDU/VDU project

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Oct 25, 2021: Briefs

8Oil field service providers are passing on higher costs to end customers
8Peak oil scenarios are now being redrawn in light of the current surge in demand
8Port congestions worsen around the world
8The subcontinent recycling market is witnessing a surge of inquiries from interested end buyers
8This company has developed a proprietary technology to produce low-emission hydrogen and carbon black from natural gas
8Oil stocks can go through the roof, as presently they are being priced at oil benchmarked to just $55-60/bbl
8There has been a junior-level reshuffle in the petroleum ministry

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8India's largest consumer of LNG has disappeared from the market
8What is going on?

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8Iffco's Nano urea figures in a corruption scandal

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8A new MAP/ DAP tender is out

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8India's private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.

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8The chief executive of French company TotalEnergies said on Saturday the recent gas price spike had been caused by a strong demand rebound post COVID-19 and prices were likely to stabilise after winter.

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8India will bargain for supply of undelivered gas quantities of past years when it negotiates renewal of its multi-billion dollar LNG import deal with Qatar, an official said.

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8After fuel price surge, prices of gas used for cooking and transportation are expected to soar this year putting consumers in India at the risk of inflated CNG and PNG rates.

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8Scientists have dismissed Sri Lankan authorities turning to nano nitrogen from India considered environmentally friendly as it has an inadequate quantity of Nitrogen to generate sufficient yields and is actually recommended to be used as a supplementary fertilizer, not a standalone.

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8Rural India’s experiment with biogas has seen more downs than ups with the Centrally-sponsored scheme slowly falling off the radar of the public as well as the policy makers.

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8Hundreds of prices are monitored everyday
8Get here a wrap up of today's petrochemical price movement

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India imports a wide variety of chemicals
8And as of today evening we are tracking 8.80 lakh MT of chemical imports
8Know more about all the chemical imports coming in the next few days

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8About 5.48 million tonnes of crude is expected to come in over the next few days
8BPCL has lined up roughly 1 MMTPA of crude imports into India in the coming days

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The LNG cargoes documented by us for deliveries ahead are coming in from the following liquefaction terminals
8Qalhat
8Soyo, Quinfuquena terminal
8Singapore
8Soyo
8Ras Laffan (Three cargoes)
8Bonny
8Das Island
8Point Fortin
8Ingleside

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8The website carries the matrix for fertilizer imports in the days ahead
8Know where the material is coming from and who is getting it to India

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84.82 lakh MT of LPG up ahead for delivery at assorted Indian ports
8Get the latest LPG shipments into the country spread over the next few days

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