Crude prices rose on Thursday, recouping some of the previous session's losses on expectations that a meeting of OPEC and its allies later on Thursday would yield output constraint in the face of resurgent COVID-19 infections in some regions.

Hindustan Petroleum Corporation Limited (HPCL) has acquired the balance 50 per cent equity stake in HPCL Shapoorji Energy Private Limited (HSEPL) from SP Ports Private limited company.

After raising cooking gas prices by Rs 125 per cylinder last month, state-owned oil firms on Wednesday announced a Rs 10 per cylinder cut in LPG rates on softening international oil prices. A 14.2-kg LPG cylinder -- both for subsidised and market price users -- will cost Rs 809 from April 1 as against Rs 819 currently, Indian Oil Corporation (IOC) said in a statement.

Ammonia-Urea Energy Saving Project
8Cost - Rs 380 crore
DAP Greenfield Project
8Cost - Rs 200 crore

8One Rock Phos shipment is coming up on 1 April 2021
8Two Phos acid shipment is coming up on 1 & 5 April 2021
8One Ammonia shipment is coming up on 01 April 2021

The ceiling price for gas to be produced from difficult fields — which have higher pricing and marketing freedom — has, however, been cut by 10.8% to $3.62/mmBtu. The new prices will be effective for six months starting April 1. 

The IFFCO management on Wednesday suspended its 11 officials for their alleged negligence leading to a blast in the PSU’s Phulpur plant early this month in which two persons were killed and 14 others injured.

8Here is a report on how blockchain technology has the capacity to bring about revolutionary changes

8Now that Amitabh Kant will elevated from his current position, the race for the vacant slot is hotting up
8What is next on this front

8Against huge acceptance in RFC urea tender, DOF has reduced the imported quantities

8A round up of Mumbai chemical prices as of today

8We have the complete bulk prices of Mumbai chemical market as of today

On March 01, 2021, ABS(MIF45) prices were assessed lower in the Mumbai market.

A revision in benzene prices has been announced by BPCL.

A Saudi Arabian producer is heard to have announced its offer for LDPE film grade in India.

A Saudi Arabian producer is heard to have offered its ABS Injection grade in India.

Middle East major, SABIC, is heard to have announced its offer for polycarbonate in India.

A Middle East producer offers HDPE Film In India.

A producer from the Middle East is heard to have announced its offer for LLDPE Film grade in India.

OPaL announces a revision in PP and PE prices.

PVC paste grade prices have been revised by Chemplast.

IOCL has announced a revision in PP and PE prices.

A revision in PS prices has been announced by Supreme Petrochem Ltd.

Prices for PP have been revised by MRPL.

A revision in PP and PE prices has been announced by RIL.