8Leading analysts globally are talking of oil at $100 by the end of the year
8Some are even speculating that oil may even touch $200/bbl sometime next year
8These movements will have serious implications for the chemical and petrochemical industries down the line

8Here are some important inputs on naphta vs ethylene and butadiene spreads
8Also the spreads between synthetic rubbers
8Also get the latest prices prevailing in Singapore

8The Biesterfeld Group, Hamburg, has acquired a majority stake in Singapore-based GME Chemicals
8By acquiring a stake in GME Chemicals, one of the leading distributors of specialty chemicals and polymers in South-East Asia, Biesterfeld is in a scorching expansion spree

Get the daily updates for
8Chemicals 
8Crude
8LNG
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

8ONGC has plans for offshore NELP-VI block KG-OSN2004/1
8And expects as much as 4.5 mmscmd of gas
Find out more

The Srikakulam-Angul gas pipeline is at an interesting stage
8We have a detailed update here

What is the latest on the LNG terminal at Karaikal?
8Looks like there are bigger corporate interests are at play, and it is unlikely to come up

8It looks like Megha Engineering did a mistake in the calculation process for the CDU/VDU package in NRL or its ranking would not have been L-6

Two LNG terminals were meant to have been under implementation
8A FEED job was given out for both of them
8And then canceled

Water Soluble Fertilizer Greenfield Project
8Cost - Rs 200 crore
8Project Event: The tender has been closed due to some internal issue of the company, EIL, FACT Engineering, Mecon & M N Dastru were in the race of consultancy Services for the Preparation of DFR for setting up a Water Soluble Fertilizer (WSF) manufacturing plant, The tender is likely to be re-released in November 2021
Organic Fertilizer Plant Greenfield Project
8Cost - Rs 8 crore
8Project Event: Presently, Market Development Assistance (MDA) is notified and available for city compost plants based on municipal solid waste. Since the proposed Organic Fertilizer plant of RCF shall be based on solid sludge generated from Municipal Sewage and will be complying with the FCO specifications for Organic Fertilizer (Compost), MDA has been sought from GoI. RFQ for the LSTK contractor is likely to be released in Q4 FY 2021.
Note: Entrepreneurs can use this route to build city compost projects all over the country.

This website had never witnessed such a short list of LNG vessel line-ups ever at Indian terminals as of today.
8The spot market, making up, as Reuters pointed out as much as 40% of the Indian market (though companies like GAIL says the market is much smaller), is dead
8Then again, while every long term domestic contract for gas is still honoured by every bulk supplier, the international arbitrage advantage is so huge, be it contracts attached to oil or Henry Hub, that a long term buyer like  GAIL is trying every means possible to offload cheaper cargoes at higher prices in the global market

8Iffco plans to invest Rs 1000 crore in new-tech fertilizers

Industry lobbies are easy to establish in the oil & gas industry
8Here is one that is looking for a more active role in the gas industry
But will it succeed?

8Yara is now a benchmark for the best operating model for a global fertilizer company
8The company has reported improved third-quarter results
8Find out more on what kind of margins it is earning

8Increasingly, policy planners will need to look at India’s environmental footprint and how much emission is being attributed to different sources
8The fertilizer sector will have to account for itself too

8Prime Minister Narendra Modi on Wednesday rolled out the red carpet for global oil and gas giants and invited them to come and explore for oil and natural gas in India ‎as he detailed the reforms taken by his government in the sector.

8The chairman of India's Hindustan Petroleum Corp Ltd, Mukesh Surana, said the current 'high' crude oil prices could lead to demand destruction in the long run.

8India, the world’s third-largest energy consumer, on Wednesday warned that high oil prices will undermine global economic recovery, and nudged Saudi Arabia and other OPEC nations to work towards affordable and reliable supplies.

8India has told major oil producing nations, in no uncertain terms, that high prevailing oil prices were unsustainable and lowering of energy prices was the only option to speed up post-pandemic recovery.

8Sri Lanka has received the first consignment of 3.1 million litres high quality non-harmful Nano Nitrogen liquid fertilizer from India to help the island nation’s Eastern province in the cultivation of maize and paddy, country’s Agriculture Secretary Prof Udith Jayasinghe said on Wednesday.

8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

8We are doubling our chemical coverage
8The following chemicals are included: Liquid chlorine, Liquid alkali, Heavy soda ash, light soda ash, Diluted nitric acid, Hydrogen peroxide, Acid Ester, different kinds of Chloride, different forms of Polyurethane, low molecular weight polymer, feedstock for coatings as well as ethylene oxide and downstream, as well additional plasticizers, alcohols, methanol and downstream, aromatics, ethylene oxide and downstream

8In rubber we have begun giving prices for NBR, butyl rubber, BIIR, CIIR, EPDM, isoprene rubber, chloroprene rubber, fluorine rubber, SBR, PBR, SBS, SEBS, precipitated silica, silane coupling agent, fumed silica, standard rubber, RSS ribbed smoked sheet rubber, compound rubber, carbon black, rubber accelerator, and antioxidant
8The coverage involve about 50 grades
8Markets covered are Delhi, Mumbai and Ahmedabad

8We are providing daily prices of fibres of different grades for major cities in India
8Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene
8And we are expanding our coverage to around at least 80 different grades going ahead