News & Bulletin Updates

8Offshore drilling contractor Shelf Drilling has received an award for a three-year contract with Oil and Natural Gas Corporation (ONGC) for offshore operations in Indian waters.

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8India's large imports of LPG to meet festive-season demand in November have sparked heavy congestion at its ports, forcing some vessels to wait more than two weeks to discharge cargoes, VLGC fixtures from ship brokers showed, pushing freight to the highest in 10 months Nov. 23.

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8Reliance Industries Ltd's Board on Wednesday decided to implement a 'Scheme of Arrangement' to transfer the 'Gasification' undertaking into a wholly-owned subsidiary.

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8Growth in demand for petrol and diesel combined will likely decline to 1.5 per cent per annum this decade, compared with 4.9 per cent in the last, because of increasing blending of ethanol with petrol, and rising usage of vehicles powered by compressed natural gas (CNG) and electricity (EVs), according to rating agency CRISIL.

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8India's crude oil production fell 2.15 per cent in October as state-owned firms produced less but, natural gas output rose by a quarter on the back of output from KG-D6 fields of Reliance-BP, government data released on Tuesday showed.

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Polyvinyl alcohol prices registered a sharp fall in the imported market of Delhi.

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Neopentyl glycol prices in the imported market of Ahmedabad were assessed lower today.

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Petrochem sources in Mumbai have reported a rise in polymeric MDI Mr 200 prices.

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Choline chloride prices were low in the Ahmedabad market, today.

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Paraformaldehyde prices were quoted higher in the domestic market of Ahmedabad, today.

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On November 25, 2021, trading sources reported a very sharp fall in trichloroethylene prices in the Ahmedabad chemical market.

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On November 25, 2021, Petrochem sources reported a sharp fall in light soda ash prices in the Delhi market.

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Liquid chlorine prices were quoted higher in the Delhi market, today.

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On November 25, 2021, dibutyl phthalate prices moved down in the imported market of Chennai.

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A cut in PAN (domestic intact) prices was noted in Kolkata today.

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On November 25, 2021, trading sources reported a fall in butyl acetate prices in the Mumbai chemical market.

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On November 25, 2021, Petrochem sources reported a fall in ethylene dichloride prices in the Kandla port.

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Market sources reported a marginal fall in cyclohexanone prices in Hazira today.

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Low C9 Solvent was reported today in Kandla.

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MX prices are falling in the imported market of chennai.

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DEG prices were quoted higher in the Chennai market, today.

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On November 25, 2021, the Kandla port witnessed a rise in MEK prices.

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On November 25, 2021, Petrochem sources reported a sharp fall in toluene prices at Kandla port.

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Octanol prices have moved higher up at Hazira.

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Nov 25, 2021: MIBK drops at Kandla

MIBK prices registered a fall in the imported market of Kandla.

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