News & Bulletin Updates

It looks like BPCL employees are going to get a bad deal when it comes to post retirement benefits, even for those who had opted to stay on.
8Hundreds of employees in Kochi and Mumbai refinery will be adversely impacted as new owners might be unwilling to take on these obligations

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Hydrogen is meant to be an alternative to fossil fuel
8So why is the oil industry backing this fuel?

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8Here is a company which has been given permission to export fertilizers to Nepal

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8Fertiliser Cooperative IFFCO has signed an MoU with IIT, Delhi for joint research in the area of agriculture and fertilisers including nanotechnology.
8Find out more

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8Technology helps in finding new sources of fertilizers that would reduce over-dependence on chemical fertilisers.
8Find out more on what the researchers are up to

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8India state refiners are set to invest 2 trillion rupees ($26.96 billion) to boost oil refining capacity by 20% in Asia's third-largest economy by 2025, junior oil minister, Rameswar Teli, told lawmakers on Wednesday.

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8Hindustan Petroleum Corporation Ltd on Wednesday reported a 36 per cent drop in its June quarter net profit after one of its two oil refineries took a maintenance shutdown, reducing crude oil processing. Net profit in April-June fell to Rs 1,795 crore from Rs 2,183.83 crore in the same period a year back and Rs 3,017.96 crore in the preceding quarter.

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8Ivory Coast is in talks to build a 200 megawatt power plant fuelled by liquefied natural gas (LNG) as it seeks to avoid outages that rocked the country earlier this year, Mines and Energy Minister Thomas Camara said on Tuesday.

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8Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the Delta variant of the coronavirus in top consuming countries will cut fuel demand.

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8Oil prices edged higher on Thursday, supported by tensions in the Middle East, but failed to regain most of the previous day's losses after a surprise build in crude stockpiles in the United States, the world's top oil consumer.

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Market sources reported a reduction in MDC prices in Mumbai today.

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On August 5,2021, benzene prices moved higher in the domestic market.

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On August 5, 2021, hexane price pushed higher in the Delhi market.

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8Crude oil prices rose by Rs 5 to Rs 5,243 per barrel on Wednesday, as participants widened their positions on a firm spot demand.

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Aug 05, 2021: VAM at revised rates

VAM prices have been revised at Hazira.

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On August 5, 2021, Naphtha prices were registered to drift down in NW Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $71.54 per barrel on August 5, 2021.

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Imported polyamide 66 prices have significantly moved down in Ahmedabad today

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A fall in imported acrylic prices was noted today in the domestic market of Mumbai

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On August 5, 2021 imported SAN prices moved higher in the Mumbai polymer market

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MTO prices witnessed a huge fall in the Delhi market.

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Petrochem sources have reported a huge fall in polyamide 6 (E35) prices in the Delhi market

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A fall in polyamide 6 (M28RC) prices in Delhi was noticed on August 5, 2021

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A marginal rise in sulphuric acid prices was noted in Delhi today.

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On August 5, 2021, trading sources reported a fall in sulphuric acid prices in the Delhi chemical market.

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