News & Bulletin Updates

India has the highest price of petrol compared to milk in the entire world
8But there are countries that tax petrol more than India, though just a handful
8Get a comprehensive look at the politics of fuel prices in India, particularly why high prices are worrisome for the economy

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8RFQ for a 26000 Nm3/h coal gasifier is expected to come out
8Anyone interested?

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ONGC's earnings are expected to go up by a third
8What are the factors are play

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8From Atlantic salmon and hazelnuts to durians and certain sweet biscuits, the government has proposed to withdraw customs duty relief and exemptions for 97 products imported into the country.

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8Oil prices were little changed in early Asian trade on Monday as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.

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8When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customised floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.

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8A two-decade-old LPG supply order restricting supply of domestically produced LPG to only state-owned oil companies has stymied plans to allow Bharat Petroleum Corporation Ltd (BPCL) to continue selling subsidised cooking gas (LPG) after its privatisation.

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The Rs 6000 crore Talcher ammonia-urea plant is in the midst of heavy tendering
Find out what is going on with its
8Instrument Air System & Plant Air System RFQ
8Steam Generation Plant choice of winning bidder
8Raw water plant winning bidder

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8A fresh demand for nearly one cargo of gas per month is coming up within the next two weeks

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Here is a company getting out of the CGD business
8It claims CGD is not it's forte
8It held two lucrative acerages

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8India's fuel demand rebounded in June after slumping to a nine-month low in the previous month as restrictions to curb the spread of the pandemic were eased, helping economic activity and mobility to pick up

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8The United States became the fourth-largest supplier of crude oil to India in 2020, according to BP’s latest report

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As India's foreign trade grows, shipping support services are in demand.
8The competition is acute but here is one coming that seems to be on top of the game

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8Energy saving certificates, under the ‘Perform, Achieve and Trade’ scheme, are helping industry optimise energy consumption

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8With spot LNG prices ruling higher, know more on how countries are trying to avoid spot and go for more term contracts

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8Nutrien has signed a contract for the supply of ammonia
8The company will supply up to 300,000 tonnes per year of imported ammonia in 2022 and 2023

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Jul 12, 2021: Tender updates

8Tenders are out
8For supply of Mono Potassium Phosphate
8For supply of Mono Ammonium Phosphate

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8MFL has invited a tender for the supply of Sulphuric Acid
8The bid closing date is 9th August 2021

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8Get the chemical prices round-up here for the day
8Comprehensive and accurate, our daily chemical price updates are the best in the country

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The international crude oil price of Indian Basket was quoted at around $73.99 per barrel on July 12, 2021.

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On July 12, 2021, Naphtha prices were registered to move up in Europe on account of positive buying trends in the region.

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A fall in benzene prices in the imported market of Delhi was noticed on July 12, 2021.

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C9 Solvent prices have moved higher in the Mumbai market.

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On July 12, 2021, Petrochem sources confirmed that aniline prices have increased in the Delhi market.

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On July 12, 2021, the Delhi market witnessed a fall in OX prices. Trading sources reported that OX prices have fallen due to low built demand in the region

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