News & Bulletin Updates

Arcelor Mittal Nippon Steel India Ltd has canceled one cargo of LNG that was slated to arrive tomorrow at Shell's Hazira plant
8As per data available with us, Shell Hazira has one cargo at berth, again for the steel giant, and no other cargo in sight.
8As of tomorrow, the Hazira terminal will have zero cargoes lined up
8This is perhaps an unprecedented situation

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8An offshore seismic tender saw active participation of bidders

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HPCL Rajasthan Refinery Ltd's crude pipeline offers a lot of business development opportunities for vendors
8It is a big cross-country, 486-km long pipeline
And one stretch has been awarded already

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8ONGC for extra long term contracts for vessels
Find out more on this

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Even as terminals in India suffer from low capacity utilization, another LNG terminal is coming up
8This is by a reputed Indian promoter
8Expected RFQs ahead

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8Former senior DOF officer has just got an upgrade
Know more

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8Fertilizer prices have gone up globally
8Get a breakdown on how international prices have been behaving

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8India's capital market regulator is unlikely to give exemption to the company acquiring BPCL from making mandatory open offers for Petronet LNG Ltd and Indraprastha Gas -share purchases which will be countered by other promoters of the two firms such as GAIL to save from going private, officials said.

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8OIL India Limited informed the exchanges Thursday that Moody’s Investors Service (Moody’s) on October 6, has affirmed the Baa3 long-term issuer rating of Oil India Limited (OIL) and the outlook has been changed to stable from negative in line with the change in sovereign outlook.

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8Dismissing fears that the Ethanol Plan would affect food security in the country, the central government said that meeting food grain demand for human and cattle consumption will always remain its first priority, but allowing alternative use of rice and maize will help to bring price stability for farmers.

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8Asia will embrace natural gas to complement intermittent renewables in the transition to a net-zero carbon future, though a stronger correlation between demand for the two energy sources may fuel volatility in the gas market, panelists at the 10th LNG Producer Consumer Conference said Oct. 5.

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8Hindustan Zinc Ltd (HZL), the world’s second-largest miner of zinc, lead and silver, will invest $1 billion over the next five years to make its mining operations environment-friendly, chief executive Arun Misra said.

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A cut in C9 solvent (imported repack) prices has been noted in Chennai today.

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A cut in cyclohexane prices has been announced at Hazira.

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On October 8, 2021, Petrochem sources confirmed that cyclohexanone prices have sharply fallen in Mumbai.

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VAM prices witnessed a significant fall in the Ahmedabad market.

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Styrene monomer prices in Hazira have fallen sharply.

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On October 8, 2021, the Kandla market witnessed a rise in BGE prices.

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Aniline prices have escalated in the Mumbai market, today. 

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On October 8, 2021, Petrochem sources confirmed that acetone prices have increased in the Mumbai market.

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Market sources reported that MEG prices were reduced in Mumbai today.

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Benzene prices registered a fall in the imported market of mumbai.

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Petrochem sources in Mumbai have reported a huge lift in MEK prices.

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A huge fall in acetic acid prices in the imported market of Mumbai was noted on October 8, 2021.

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A rise in toluene prices was recorded today at Hazira.

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