News & Bulletin Updates

Large gas suppliers who had been on the sidelines so far are now queuing up to be part of the IGX milieu.
8The initial cynicism has now given way to a more practical approach

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8Megha Engineering is going through the crucial contracting process for its downstream projects as of now
Find out what is going on

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What is happening with the PNGRB chairman's posting?
8There has been a lot of speculation but what is really going on?

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8New regulations will put the shipping industry in India under much tighter scrutiny

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Know all about PLL's expansion plans, earnings ahead and capacity utilization targets of its terminals.
8The assumption is that gas demand will keep going up at around 6-8% per annum

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HOEC is poised to enjoy the fruits of its investments in two E&P locations.
82022 is therefore going to be a great year for the company
8Also, it elicited a premium over the PPAC price for its gas sale out of its Assam field

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High IPA prices were reported in Kandla today.

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Nov 12, 2021: MEG lower in Mumbai

MEG prices witnessed a fall in the Mumbai market today.

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8Bids have come in against the IPL urea tender

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Coromandel reported lower margins because of a sharp rise in raw material prices
8But the future beckons

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A revision in octanol prices has been announced at Hazira.

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Nov 12, 2021: New CVO appointed

8New CVO appointed for a fertilizer PSU

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8The net profit of the company has declined to Rs 28.97 crore for the September 2021 quarter

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A revision in NBA prices has been announced at Hazira.

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8Japanese researchers have succesfully recycled bioplastics into nitrogen-rich fertilizers
8Find out more

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

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An increase in IPA prices has been noted in Hazira today.

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8The move by Reliance Industries to divest all its US shale assets and exit the sector signals its intention to ensure the company maintains its sharp focus on India's domestic market, where its energy portfolio is being increasingly diversified beyond its core refining business.

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Cyclohexane prices witnessed a fall in the Mumbai market today.

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8The government is pushing the public sector behemoth ONGC to involve private sector companies and service providers wherever possible to help raise oil and gas production, Petroleum Secretary Tarun Kapoor said Thursday.

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8Top energy majors have yet to see their oil and gas production recover from the impact of the COVID pandemic even as net-zero demands and a faster shift to renewables lay the ground for peak supplies from the sector in coming years.

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8European natural gas prices plunged Wednesday after signs Russian gas flows into Europe were increasing ahead of what's expected to be a miserable winter of tight supplies and high energy costs. 

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8OPEC on Thursday cut its world oil demand forecast for the last quarter of 2021 due to high energy prices, although the group stuck to its prediction of robust growth to above pre-pandemic rates in 2022.

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8Petrol and diesel prices remained unchanged for the seventh consecutive day on Thursday under the daily price revision mechanism followed by oil marketing companies, thus providing further relief to consumers.

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The international crude oil price of Indian basket was quoted at around $82.21 per barrel on November 12, 2021.

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