News & Bulletin Updates

New methanol prices have been announced at Hazira.

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A fall in methylpropanediol prices in the imported market of Kandla was noticed on May 18, 2021.

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A revision in DEG has been announced at Hazira.

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On May 18, 2021, Acetic Acid prices were quoted higher in the Kandla Port.

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On May 18, 2021, styrene monomer prices moved down in the imported market of Mumbai.

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Acetonitrile prices have increased in the Mumbai market.

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VAM prices are slowly increasing in the Mumbai market.

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A fall in PTA prices in the domestic market of Mumbai was noted on May 18, 2021.

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On May 18, 2021, n-Butanol prices moved higher in the imported market of Mumbai. 

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8This is a multinational, which is an established giant, looking for space in India for compression and gas transportation business

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ONGC's Pipeline Replacement Project (PRP-7) is ONGC's only large offshore project where some movement had been noticed over the past few months.
8There was significant movement again

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Iran hits back hard because India decided to play along with US sanctions.
8This is the hardest hit back by Iran so far
8Iran had been fuming about India's political play in the region for quite some time now

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8More movement on Numaligarh refinery expansion

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8Find out why around 1042 employees in ONGC are very upset as of now

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Shocked to hear about the death of Sunil Jain, journalist and commentator per excellence, and son of legendary TOI editor Girilal Jain. We were both from Delhi School of Economics,and worked together at Financial Express. While I left to start my own sites he eventually became the editor of the paper.
8Sunil was a hands-on writer and never the arm-chair ridden, whiskey laden, PMO centred, contact chasing editor who you often find loitering around in Lutyens' plush watering holes or in the Central Hall of Parliament. He wrote frequently and he lead his team by example. A thorough professional, he was a sharp observer of social and economic trends. His interests were wide — from coal, to telecom to oil & gas and banking, he also took a keen interest in politics, the bureaucracy and the tragedy that COVID had unleashed.
8Sunil like his father, was more of a commentator than an editor - he would rather write than manage a large countrywide network of journalists - and while some editors would ramble on in their writings, Sunil always had a piece of hard and accurate data embedded in his work to drive home his point. He would go to great lengths to marshall his thoughts by laboriously collecting the facts: first to highlight an issue in sharp relief in his crisp no-nonsense style and then to deploy more of the data either to demolish an argument or build on it. That was his D’School rigour combined with solid training as an economic journalist: he would stop press until the facts were right. I shall miss his writings he whstsapped me daily , and which I commented on frequently , even if I sometimes vehemently disagreed with them When we were young we had a few common dreams: at one point we wanted to start a TV programme together, even a business magazine. Between the two, Sunil was the conscience keeper and I was the rule breaker ever so often, soon enough, we went our separate ways.
8One of the most stressful jobs in the country is that of an editor of a national newspaper, for it indeed is a cut throat business, and it must have taken a toll on him. Covid therefore found an easy victim in him. Also, God has a way of snatching away people who are still young and at their prime. Perhaps he wants them nearer him sooner than the rest of us. May his family (his father-in-law died earlier) have the strength to bear this irreparable loss. Santanu Saikia, Editor

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For those who are looking for price discoveries in India, find out the rates of the following:
8Senior Tool Pusher
8Tool Pusher (Night)
8Preventive Maintenance Supervisor
8Assistant Drill
8Floorman/Roughneck
8Roustabout
8Chief Electrician
8Assistant Mechanic
8Assistant Electrician
8Motor Man
8Fork Lift Operator
8Welder
8Radio Operator
8Rig Material Man
8Medic
8HSE Representative on location
8Camp Administrator / Catering staff

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May 17, 2021: 1300 HP rig ordered

8A two-year contract was awarded for a 1300 HP drilling rig yesterday
8Find out who won it, and who had awarded the tender
8Also, this is now the benchmark rate more or less for a similar capacity drilling rig in the country.
Also know
8The moving day rate
8Demobilization rate

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8Hydro testing of CNG cascades is a low technology business
8But it can keep a company occupied for three years

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8Find out why the recommendation on L&T is a "buy"
The company sees massive international oil and gas prospects

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8By this particular analysis, the Vendanta share price is way below global benchmarks
Find out more

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The cyclone has had a severe impact.
Here is a port wise synopsis on what is up at
8Hazira
8GMB Porbandar Port
8Sikka RIL terminal
8Kandla
There is disruption everywhere

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8Stricter of enforcement of lockdown in Delhi this time around
Find out more

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8A fertilizer firm is helping meet oxygen demand amid shortage

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8Get the April outlook on the Indian economy

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Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
NP (20:20:0:13) Fertilizer Expansion Project
8Cost - Rs 220 crore

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